ASEA vs. HCA
ASEA (Global X FTSE Southeast Asia ETF) is Asia Pacific Equities fund tracking the FTSE/ASEAN 40 Index, while HCA (HCA Healthcare, Inc.) is a stock. Over the past 10 years, ASEA returned 7.65%/yr vs 17.90%/yr for HCA. Their 0.27 correlation means their historical movements had little consistent relationship.
Performance
ASEA vs. HCA - Performance Comparison
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Returns By Period
In the year-to-date period, ASEA achieves a 16.39% return, which is significantly higher than HCA's -17.85% return. Over the past 10 years, ASEA has underperformed HCA with an annualized return of 7.65%, while HCA has yielded a comparatively higher 17.90% annualized return.
ASEA
- 1D
- 0.43%
- 1M
- 7.14%
- 6M
- 9.57%
- YTD
- 16.39%
- 1Y
- 28.24%
- 3Y*
- 15.76%
- 5Y*
- 12.90%
- 10Y*
- 7.65%
- ALL TIME*
- 5.30%
HCA
- 1D
- 1.51%
- 1M
- -1.23%
- 6M
- -18.55%
- YTD
- -17.85%
- 1Y
- 15.09%
- 3Y*
- 11.07%
- 5Y*
- 9.91%
- 10Y*
- 17.90%
- ALL TIME*
- 20.02%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $593.31K | $523.08K | $605.79K | |
| $755.16M | $661.20M | $645.06M |
ASEA vs. HCA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASEA Global X FTSE Southeast Asia ETF | 16.39% | 19.80% | 9.82% | 4.88% | 5.24% | 4.66% | -7.88% | 8.34% | -7.58% | 35.06% |
HCA HCA Healthcare, Inc. | -17.85% | 56.71% | 11.75% | 13.83% | -5.64% | 57.58% | 12.07% | 20.24% | 43.37% | 18.67% |
Correlation
The correlation between ASEA and HCA is 0.19, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.19 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.27 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2011 | 0.27 |
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Return for Risk
ASEA vs. HCA — Risk / Return Rank
ASEA
HCA
ASEA vs. HCA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X FTSE Southeast Asia ETF (ASEA) and HCA Healthcare, Inc. (HCA). 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.
| ASEA | HCA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.46 | ||
| Sortino ratioReturn per unit of downside risk | +1.96 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.10 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 3.33 | 0.38 | +2.96 |
| Martin ratioReturn relative to average drawdown | 8.85 | 0.88 | +7.97 |
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Drawdowns
ASEA vs. HCA - Drawdown Comparison
The maximum ASEA drawdown since its inception was -44.16%, smaller than the maximum HCA drawdown of -54.74%. Use the drawdown chart below to compare losses from any high point for ASEA and HCA.
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Drawdown Indicators
| ASEA | HCA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.16% | -54.74% | +10.58% |
Max Drawdown (1Y)Largest decline over 1 year | -8.28% | -33.62% | +25.34% |
Max Drawdown (3Y)Largest decline over 3 years | -22.20% | -33.62% | +11.42% |
Max Drawdown (5Y)Largest decline over 5 years | -22.20% | -39.49% | +17.29% |
Max Drawdown (10Y)Largest decline over 10 years | -44.16% | -54.74% | +10.58% |
Current DrawdownCurrent decline from peak | -1.04% | -29.65% | +28.61% |
Average DrawdownAverage peak-to-trough decline | -10.58% | -11.17% | +0.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.13% | 14.44% | -11.31% |
Volatility
ASEA vs. HCA - Volatility Comparison
The current volatility for Global X FTSE Southeast Asia ETF (ASEA) is 3.50%, while HCA Healthcare, Inc. (HCA) has a volatility of 12.22%. This indicates that ASEA experiences smaller price fluctuations and is considered to be less risky than HCA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASEA | HCA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.50% | 12.22% | -8.72% |
Volatility (6M)Calculated over the trailing 6-month period | 11.74% | 24.20% | -12.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.59% | 29.42% | -14.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.72% | 29.61% | -14.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.49% | 32.82% | -15.33% |
Dividends
ASEA vs. HCA - Dividend Comparison
ASEA's dividend yield for the trailing twelve months is around 3.71%, more than HCA's 0.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASEA Global X FTSE Southeast Asia ETF | 3.71% | 3.95% | 3.61% | 3.76% | 2.23% | 4.19% | 2.27% | 2.51% | 3.08% | 1.59% | 2.78% | 3.64% |
HCA HCA Healthcare, Inc. | 0.78% | 0.62% | 0.88% | 0.89% | 0.93% | 0.75% | 0.63% | 1.08% | 1.12% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ASEA and HCA have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HCA has higher volatility (12.22%) compared to ASEA (3.50%). In terms of maximum drawdown, ASEA dropped -44.16% vs HCA's -54.74%.
ASEA currently has the higher Sharpe Ratio (1.89 vs 0.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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