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 0.09, 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
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Key characteristics
AUDUSD=X:
-0.40
^HSI:
0.73
AUDUSD=X:
-0.39
^HSI:
1.31
AUDUSD=X:
0.95
^HSI:
1.20
AUDUSD=X:
-0.04
^HSI:
0.53
AUDUSD=X:
-0.57
^HSI:
2.51
AUDUSD=X:
6.56%
^HSI:
10.51%
AUDUSD=X:
10.79%
^HSI:
28.94%
AUDUSD=X:
-87.43%
^HSI:
-65.18%
AUDUSD=X:
-86.00%
^HSI:
-29.59%
Returns By Period
In the year-to-date period, AUDUSD=X achieves a 2.89% return, which is significantly lower than ^HSI's 16.38% return. Over the past 10 years, AUDUSD=X has underperformed ^HSI with an annualized return of -2.04%, while ^HSI has yielded a comparatively higher -1.70% annualized return.
AUDUSD=X
2.89%
0.42%
-0.85%
-4.23%
-0.08%
-2.04%
^HSI
16.38%
9.11%
20.17%
19.39%
-0.51%
-1.70%
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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.
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Drawdowns
AUDUSD=X vs. ^HSI - Drawdown Comparison
The maximum AUDUSD=X drawdown since its inception was -87.43%, which is greater than ^HSI's maximum drawdown of -65.18%. Use the drawdown chart below to compare losses from any high point for AUDUSD=X and ^HSI. For additional features, visit the drawdowns tool.
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Volatility
AUDUSD=X vs. ^HSI - Volatility Comparison
The current volatility for AUD/USD (AUDUSD=X) is 3.12%, while Hang Seng Index (^HSI) has a volatility of 6.08%. 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.
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