BCS vs. HSBC
BCS (Barclays PLC) and HSBC (HSBC Holdings plc) are both stocks. Both operate in the Banks - Diversified industry within the Financial Services sector. Over the past 10 years, BCS returned 15.34%/yr vs 18.67%/yr for HSBC. A 0.65 correlation means they provide meaningful diversification when combined.
Performance
BCS vs. HSBC - Performance Comparison
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Returns By Period
In the year-to-date period, BCS achieves a 8.52% return, which is significantly lower than HSBC's 26.83% return. Over the past 10 years, BCS has underperformed HSBC with an annualized return of 15.34%, while HSBC has yielded a comparatively higher 18.67% annualized return.
BCS
- 1D
- 3.72%
- 1M
- 14.52%
- YTD
- 8.52%
- 6M
- 9.03%
- 1Y
- 58.38%
- 3Y*
- 59.68%
- 5Y*
- 27.21%
- 10Y*
- 15.34%
HSBC
- 1D
- 1.62%
- 1M
- 4.88%
- YTD
- 26.83%
- 6M
- 26.73%
- 1Y
- 73.28%
- 3Y*
- 46.06%
- 5Y*
- 34.91%
- 10Y*
- 18.67%
BCS vs. HSBC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BCS Barclays PLC | 8.52% | 96.49% | 76.26% | 6.01% | -21.90% | 31.71% | -12.84% | 31.90% | -29.25% | 0.44% |
HSBC HSBC Holdings plc | 26.83% | 67.91% | 34.48% | 39.45% | 7.79% | 20.76% | -31.71% | 1.44% | -16.05% | 36.04% |
Correlation
The correlation between BCS and HSBC is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 1999 | 0.65 |
The correlation between BCS and HSBC shifts across timeframes, from 0.65 (all time) to 0.78 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
BCS:
$93.65B
HSBC:
$333.79B
BCS:
£2.06
HSBC:
$6.38
BCS:
10.03
HSBC:
15.12
BCS:
1.81
HSBC:
0.74
BCS:
2.52
HSBC:
2.63
BCS:
0.92
HSBC:
1.91
BCS:
£28.57B
HSBC:
$128.37B
BCS:
£26.96B
HSBC:
$65.42B
BCS:
£9.15B
HSBC:
$34.27B
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Return for Risk
BCS vs. HSBC — Risk / Return Rank
BCS
HSBC
BCS vs. HSBC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Barclays PLC (BCS) and HSBC Holdings plc (HSBC). 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.
| BCS | HSBC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.74 | ||
| Sortino ratioReturn per unit of downside risk | -0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.46 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.24 | 4.52 | -2.29 |
| Martin ratioReturn relative to average drawdown | 6.33 | 15.96 | -9.63 |
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Drawdowns
BCS vs. HSBC - Drawdown Comparison
The maximum BCS drawdown since its inception was -94.36%, which is greater than HSBC's maximum drawdown of -74.47%. Use the drawdown chart below to compare losses from any high point for BCS and HSBC.
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Drawdown Indicators
| BCS | HSBC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.36% | -74.47% | -19.89% |
Max Drawdown (1Y)Largest decline over 1 year | -26.20% | -16.28% | -9.92% |
Max Drawdown (3Y)Largest decline over 3 years | -26.20% | -21.83% | -4.37% |
Max Drawdown (5Y)Largest decline over 5 years | -48.14% | -31.80% | -16.34% |
Max Drawdown (10Y)Largest decline over 10 years | -66.10% | -62.26% | -3.84% |
Current DrawdownCurrent decline from peak | -19.30% | 0.00% | -19.30% |
Average DrawdownAverage peak-to-trough decline | -38.41% | -24.07% | -14.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.25% | 4.60% | +4.65% |
Volatility
BCS vs. HSBC - Volatility Comparison
Barclays PLC (BCS) and HSBC Holdings plc (HSBC) have volatilities of 9.29% and 9.00%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BCS | HSBC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.29% | 9.00% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 24.22% | 22.21% | +2.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.47% | 27.02% | +2.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.05% | 25.93% | +8.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.60% | 25.59% | +12.01% |
Dividends
BCS vs. HSBC - Dividend Comparison
BCS's dividend yield for the trailing twelve months is around 1.71%, less than HSBC's 3.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCS Barclays PLC | 1.71% | 1.70% | 3.13% | 4.86% | 4.18% | 1.61% | 3.91% | 3.68% | 3.21% | 1.37% | 2.26% | 2.95% |
HSBC HSBC Holdings plc | 3.89% | 4.19% | 8.29% | 6.54% | 4.33% | 3.65% | 4.05% | 6.52% | 6.20% | 4.94% | 6.35% | 6.33% |
Financials
BCS vs. HSBC - Financials Comparison
This section allows you to compare key financial metrics between Barclays PLC and HSBC Holdings plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BCS vs. HSBC - Profitability Comparison
BCS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Barclays PLC reported a gross profit of 8.16B and revenue of 8.16B. Therefore, the gross margin over that period was 100.0%.
HSBC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported a gross profit of 16.93B and revenue of 32.92B. Therefore, the gross margin over that period was 51.4%.
BCS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Barclays PLC reported an operating income of 2.81B and revenue of 8.16B, resulting in an operating margin of 34.5%.
HSBC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported an operating income of 9.36B and revenue of 32.92B, resulting in an operating margin of 28.4%.
BCS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Barclays PLC reported a net income of 2.18B and revenue of 8.16B, resulting in a net margin of 26.7%.
HSBC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported a net income of 7.33B and revenue of 32.92B, resulting in a net margin of 22.3%.
Frequently Asked Questions
BCS and HSBC have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BCS has higher volatility (9.29%) compared to HSBC (9.00%). In terms of maximum drawdown, BCS dropped -94.36% vs HSBC's -74.47%.
HSBC currently has the higher Sharpe Ratio (2.73 vs 1.99), 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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