2020.HK vs. ^HSI
2020.HK (ANTA Sports Products Ltd) is a stock, while ^HSI (Hang Seng Index) is an index. Over the past 10 years, 2020.HK returned 17.33%/yr vs 1.36%/yr for ^HSI. At a 0.47 correlation, their price movements are largely independent.
Performance
2020.HK vs. ^HSI - Performance Comparison
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Returns By Period
In the year-to-date period, 2020.HK achieves a -3.37% return, which is significantly lower than ^HSI's -1.90% return. Over the past 10 years, 2020.HK has outperformed ^HSI with an annualized return of 17.33%, while ^HSI has yielded a comparatively lower 1.36% annualized return.
2020.HK
- 1D
- -0.13%
- 1M
- 8.02%
- 6M
- -5.71%
- YTD
- -3.37%
- 1Y
- -14.90%
- 3Y*
- -0.46%
- 5Y*
- -13.63%
- 10Y*
- 17.33%
- ALL TIME*
- 15.21%
^HSI
- 1D
- 0.00%
- 1M
- 5.09%
- 6M
- -5.08%
- YTD
- -1.90%
- 1Y
- 0.60%
- 3Y*
- 9.64%
- 5Y*
- -1.94%
- 10Y*
- 1.36%
- ALL TIME*
- 5.94%
2020.HK vs. ^HSI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
2020.HK ANTA Sports Products Ltd | -3.37% | 6.31% | 5.72% | -24.66% | -10.93% | -4.20% | 77.62% | 87.69% | 7.59% | 53.13% |
^HSI Hang Seng Index | -1.90% | 27.77% | 17.67% | -13.82% | -15.46% | -14.08% | -3.40% | 9.07% | -13.61% | 35.99% |
Correlation
The correlation between 2020.HK and ^HSI is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 2007 | 0.48 |
The correlation between 2020.HK and ^HSI shifts across timeframes, from 0.47 (all time) to 0.66 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
2020.HK vs. ^HSI — Risk / Return Rank
2020.HK
^HSI
2020.HK vs. ^HSI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ANTA Sports Products Ltd (2020.HK) and Hang Seng Index (^HSI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| 2020.HK | ^HSI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.88 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.02 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | 0.03 | -0.49 |
| Martin ratioReturn relative to average drawdown | -0.76 | 0.09 | -0.84 |
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Drawdowns
2020.HK vs. ^HSI - Drawdown Comparison
The maximum 2020.HK drawdown since its inception was -81.32%, which is greater than ^HSI's maximum drawdown of -65.18%. Use the drawdown chart below to compare losses from any high point for 2020.HK and ^HSI.
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Drawdown Indicators
| 2020.HK | ^HSI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.32% | -65.18% | -16.14% |
Max Drawdown (1Y)Largest decline over 1 year | -33.42% | -18.94% | -14.48% |
Max Drawdown (3Y)Largest decline over 3 years | -33.78% | -25.49% | -8.29% |
Max Drawdown (5Y)Largest decline over 5 years | -63.34% | -46.24% | -17.10% |
Max Drawdown (10Y)Largest decline over 10 years | -64.85% | -55.70% | -9.15% |
Current DrawdownCurrent decline from peak | -54.92% | -24.16% | -30.76% |
Average DrawdownAverage peak-to-trough decline | -29.70% | -24.80% | -4.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.90% | 7.08% | +12.82% |
Volatility
2020.HK vs. ^HSI - Volatility Comparison
ANTA Sports Products Ltd (2020.HK) has a higher volatility of 7.94% compared to Hang Seng Index (^HSI) at 6.21%. This indicates that 2020.HK's price experiences larger fluctuations and is considered to be riskier than ^HSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 2020.HK | ^HSI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.94% | 6.21% | +1.73% |
Volatility (6M)Calculated over the trailing 6-month period | 18.29% | 14.40% | +3.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.21% | 19.12% | +7.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.77% | 25.39% | +15.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.64% | 21.98% | +18.66% |
Frequently Asked Questions
2020.HK and ^HSI have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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