7RIP.DE vs. ^HSI
Compare and contrast key facts about HANetf The Travel UCITS ETF (7RIP.DE) and Hang Seng Index (^HSI).
7RIP.DE is a passively managed fund by HANetf that tracks the performance of the Solactive Travel. It was launched on Jun 4, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 7RIP.DE or ^HSI.
Correlation
The correlation between 7RIP.DE and ^HSI is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
7RIP.DE vs. ^HSI - Performance Comparison
Key characteristics
7RIP.DE:
0.44
^HSI:
0.88
7RIP.DE:
0.78
^HSI:
1.53
7RIP.DE:
1.11
^HSI:
1.24
7RIP.DE:
0.36
^HSI:
0.65
7RIP.DE:
1.13
^HSI:
3.09
7RIP.DE:
9.80%
^HSI:
10.47%
7RIP.DE:
22.66%
^HSI:
28.80%
7RIP.DE:
-33.40%
^HSI:
-91.54%
7RIP.DE:
-17.80%
^HSI:
-31.30%
Returns By Period
In the year-to-date period, 7RIP.DE achieves a -13.03% return, which is significantly lower than ^HSI's 13.54% return.
7RIP.DE
-13.03%
13.43%
-7.85%
10.13%
N/A
N/A
^HSI
13.54%
13.16%
8.70%
24.36%
-1.26%
-1.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
7RIP.DE vs. ^HSI — Risk-Adjusted Performance Rank
7RIP.DE
^HSI
7RIP.DE vs. ^HSI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf The Travel UCITS ETF (7RIP.DE) 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.
Drawdowns
7RIP.DE vs. ^HSI - Drawdown Comparison
The maximum 7RIP.DE drawdown since its inception was -33.40%, smaller than the maximum ^HSI drawdown of -91.54%. Use the drawdown chart below to compare losses from any high point for 7RIP.DE and ^HSI. For additional features, visit the drawdowns tool.
Volatility
7RIP.DE vs. ^HSI - Volatility Comparison
The current volatility for HANetf The Travel UCITS ETF (7RIP.DE) is 11.46%, while Hang Seng Index (^HSI) has a volatility of 15.55%. This indicates that 7RIP.DE experiences smaller price fluctuations and is considered to be less risky than ^HSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.