BGUK.L vs. HSBA.L
BGUK.L (Baillie Gifford UK Growth Fund plc) and HSBA.L (HSBC Holdings plc) are both stocks. Both are in the Financial Services sector — BGUK.L in Collective Investments, HSBA.L in Banks - Diversified. Over the past 10 years, BGUK.L returned 5.81%/yr vs 17.80%/yr for HSBA.L. At a 0.39 correlation, their price movements are largely independent.
Performance
BGUK.L vs. HSBA.L - Performance Comparison
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Returns By Period
In the year-to-date period, BGUK.L achieves a 2.94% return, which is significantly lower than HSBA.L's 20.29% return. Over the past 10 years, BGUK.L has underperformed HSBA.L with an annualized return of 5.81%, while HSBA.L has yielded a comparatively higher 17.80% annualized return.
BGUK.L
- 1D
- 0.00%
- 1M
- -0.47%
- YTD
- 2.94%
- 6M
- 2.44%
- 1Y
- 9.91%
- 3Y*
- 10.76%
- 5Y*
- -0.44%
- 10Y*
- 5.81%
HSBA.L
- 1D
- -1.80%
- 1M
- 2.32%
- YTD
- 20.29%
- 6M
- 32.96%
- 1Y
- 64.08%
- 3Y*
- 40.13%
- 5Y*
- 32.91%
- 10Y*
- 17.80%
BGUK.L vs. HSBA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BGUK.L Baillie Gifford UK Growth Fund plc | 2.94% | 17.54% | 11.15% | 2.25% | -29.88% | 8.18% | 12.73% | 28.68% | -5.18% | 9.73% |
HSBA.L HSBC Holdings plc | 20.29% | 57.78% | 34.72% | 32.14% | 19.91% | 22.90% | -35.99% | -2.42% | -11.05% | 23.54% |
Correlation
The correlation between BGUK.L and HSBA.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 1994 | 0.39 |
The correlation between BGUK.L and HSBA.L shifts across timeframes, from 0.34 (5 years) to 0.47 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
BGUK.L:
£23.80M
HSBA.L:
£125.68B
BGUK.L:
£24.70M
HSBA.L:
£61.95B
BGUK.L:
-£21.08M
HSBA.L:
£31.98B
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Return for Risk
BGUK.L vs. HSBA.L — Risk / Return Rank
BGUK.L
HSBA.L
BGUK.L vs. HSBA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baillie Gifford UK Growth Fund plc (BGUK.L) and HSBC Holdings plc (HSBA.L). 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.
| BGUK.L | HSBA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -2.09 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.46 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.77 | 4.01 | -3.24 |
| Martin ratioReturn relative to average drawdown | 2.58 | 14.99 | -12.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BGUK.L | HSBA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | 2.55 | -1.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | 1.34 | -1.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 0.72 | -0.44 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.49 | -0.25 |
Drawdowns
BGUK.L vs. HSBA.L - Drawdown Comparison
The maximum BGUK.L drawdown since its inception was -60.77%, roughly equal to the maximum HSBA.L drawdown of -61.74%. Use the drawdown chart below to compare losses from any high point for BGUK.L and HSBA.L.
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Drawdown Indicators
| BGUK.L | HSBA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.77% | -61.74% | +0.97% |
Max Drawdown (1Y)Largest decline over 1 year | -12.80% | -15.93% | +3.13% |
Max Drawdown (3Y)Largest decline over 3 years | -19.34% | -21.98% | +2.64% |
Max Drawdown (5Y)Largest decline over 5 years | -43.21% | -21.98% | -21.23% |
Max Drawdown (10Y)Largest decline over 10 years | -43.69% | -59.97% | +16.28% |
Current DrawdownCurrent decline from peak | -8.49% | -3.04% | -5.45% |
Average DrawdownAverage peak-to-trough decline | -17.03% | -14.81% | -2.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.83% | 4.27% | -0.44% |
Volatility
BGUK.L vs. HSBA.L - Volatility Comparison
The current volatility for Baillie Gifford UK Growth Fund plc (BGUK.L) is 5.61%, while HSBC Holdings plc (HSBA.L) has a volatility of 7.83%. This indicates that BGUK.L experiences smaller price fluctuations and is considered to be less risky than HSBA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BGUK.L | HSBA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.61% | 7.83% | -2.22% |
Volatility (6M)Calculated over the trailing 6-month period | 12.21% | 20.90% | -8.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.77% | 25.10% | -10.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.68% | 24.56% | -4.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.94% | 24.75% | -3.81% |
Dividends
BGUK.L vs. HSBA.L - Dividend Comparison
BGUK.L's dividend yield for the trailing twelve months is around 2.71%, less than HSBA.L's 4.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGUK.L Baillie Gifford UK Growth Fund plc | 2.71% | 2.79% | 3.14% | 2.17% | 2.36% | 1.00% | 1.37% | 2.18% | 3.69% | 3.05% | 3.12% | 3.85% |
HSBA.L HSBC Holdings plc | 4.11% | 4.29% | 7.16% | 6.80% | 4.11% | 3.54% | 0.00% | 6.79% | 5.83% | 5.18% | 5.79% | 6.12% |
Financials
BGUK.L vs. HSBA.L - Financials Comparison
This section allows you to compare key financial metrics between Baillie Gifford UK Growth Fund 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
Frequently Asked Questions
BGUK.L and HSBA.L have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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