AUDUSD=X vs. ^HSI
Compare and contrast key facts about AUD/USD (AUDUSD=X) and Hang Seng Index (^HSI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AUDUSD=X or ^HSI.
Correlation
The correlation between AUDUSD=X and ^HSI is 0.21, 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
AUDUSD=X vs. ^HSI - Performance Comparison
Key characteristics
AUDUSD=X:
-0.51
^HSI:
1.93
AUDUSD=X:
-0.67
^HSI:
2.61
AUDUSD=X:
0.92
^HSI:
1.34
AUDUSD=X:
-0.07
^HSI:
0.91
AUDUSD=X:
-0.71
^HSI:
4.91
AUDUSD=X:
5.45%
^HSI:
9.75%
AUDUSD=X:
7.75%
^HSI:
24.98%
AUDUSD=X:
-67.80%
^HSI:
-91.54%
AUDUSD=X:
-57.31%
^HSI:
-29.19%
Returns By Period
In the year-to-date period, AUDUSD=X achieves a 2.70% return, which is significantly lower than ^HSI's 17.04% return. Over the past 10 years, AUDUSD=X has underperformed ^HSI with an annualized return of -1.96%, while ^HSI has yielded a comparatively higher -0.54% annualized return.
AUDUSD=X
2.70%
1.29%
-6.46%
-3.04%
-0.78%
-1.96%
^HSI
17.04%
18.70%
33.31%
40.23%
-3.05%
-0.54%
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Risk-Adjusted Performance
AUDUSD=X vs. ^HSI — Risk-Adjusted Performance Rank
AUDUSD=X
^HSI
AUDUSD=X vs. ^HSI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AUD/USD (AUDUSD=X) 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
AUDUSD=X vs. ^HSI - Drawdown Comparison
The maximum AUDUSD=X drawdown since its inception was -67.80%, smaller than the maximum ^HSI drawdown of -91.54%. Use the drawdown chart below to compare losses from any high point for AUDUSD=X and ^HSI. For additional features, visit the drawdowns tool.
Volatility
AUDUSD=X vs. ^HSI - Volatility Comparison
The current volatility for AUD/USD (AUDUSD=X) is 2.22%, while Hang Seng Index (^HSI) has a volatility of 7.13%. This indicates that AUDUSD=X 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.