AACFX vs. ^HSI
Compare and contrast key facts about Invesco Greater China Fund (AACFX) and Hang Seng Index (^HSI).
AACFX is managed by Invesco. It was launched on Mar 30, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AACFX or ^HSI.
Key characteristics
| AACFX | ^HSI | |
|---|---|---|
| YTD Return | 9.23% | 8.75% |
| 1Y Return | -4.12% | -6.69% |
| 3Y Return (Ann) | -15.78% | -13.77% |
| 5Y Return (Ann) | -4.16% | -8.46% |
| 10Y Return (Ann) | 2.69% | -1.67% |
| Sharpe Ratio | -0.29 | -0.30 |
| Daily Std Dev | 18.83% | 22.93% |
| Max Drawdown | -71.35% | -91.54% |
| Current Drawdown | -48.04% | -44.08% |
Correlation
The correlation between AACFX and ^HSI is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AACFX vs. ^HSI - Performance Comparison
In the year-to-date period, AACFX achieves a 9.23% return, which is significantly higher than ^HSI's 8.75% return. Over the past 10 years, AACFX has outperformed ^HSI with an annualized return of 2.69%, while ^HSI has yielded a comparatively lower -1.67% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
AACFX vs. ^HSI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Greater China Fund (AACFX) 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
AACFX vs. ^HSI - Drawdown Comparison
The maximum AACFX drawdown since its inception was -71.35%, smaller than the maximum ^HSI drawdown of -91.54%. Use the drawdown chart below to compare losses from any high point for AACFX and ^HSI. For additional features, visit the drawdowns tool.
Volatility
AACFX vs. ^HSI - Volatility Comparison
The current volatility for Invesco Greater China Fund (AACFX) is 5.11%, while Hang Seng Index (^HSI) has a volatility of 6.21%. This indicates that AACFX 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.