^HSI vs. BCH-USD
Compare and contrast key facts about Hang Seng Index (^HSI) and Bitcoin Cash (BCH-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^HSI or BCH-USD.
Key characteristics
| ^HSI | BCH-USD | |
|---|---|---|
| YTD Return | -5.23% | 16.69% |
| 1Y Return | -6.81% | -37.42% |
| 5Y Return (Ann) | -9.53% | -25.94% |
| 10Y Return (Ann) | -2.04% | -19.62% |
| Sharpe Ratio | -0.32 | -0.11 |
| Daily Std Dev | 28.21% | 60.55% |
| Max Drawdown | -91.54% | -98.03% |
Correlation
The correlation between ^HSI and BCH-USD is 0.03, 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.
^HSI vs. BCH-USD - Performance Comparison
In the year-to-date period, ^HSI achieves a -5.23% return, which is significantly lower than BCH-USD's 16.69% return. Over the past 10 years, ^HSI has underperformed BCH-USD with an annualized return of -2.04%, while BCH-USD has yielded a comparatively higher -19.62% 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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^HSI vs. BCH-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hang Seng Index (^HSI) and Bitcoin Cash (BCH-USD). 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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
^HSI Hang Seng Index | -0.32 | ||||
BCH-USD Bitcoin Cash | -0.11 |
^HSI vs. BCH-USD - Drawdown Comparison
The maximum ^HSI drawdown for the period was -47.78%, higher than the maximum BCH-USD drawdown of -97.54%. The drawdown chart below compares losses from any high point along the way for ^HSI and BCH-USD
^HSI vs. BCH-USD - Volatility Comparison
The current volatility for Hang Seng Index (^HSI) is 5.07%, while Bitcoin Cash (BCH-USD) has a volatility of 13.32%. This indicates that ^HSI experiences smaller price fluctuations and is considered to be less risky than BCH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.