CG vs. HSBC
CG (The Carlyle Group Inc.) and HSBC (HSBC Holdings plc) are both stocks. Both are in the Financial Services sector — CG in Asset Management, HSBC in Banks - Diversified. Over the past 10 years, CG returned 15.91%/yr vs 17.91%/yr for HSBC. At a 0.38 correlation, their price movements are largely independent.
Performance
CG vs. HSBC - Performance Comparison
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Returns By Period
In the year-to-date period, CG achieves a -25.27% return, which is significantly lower than HSBC's 20.29% return. Over the past 10 years, CG has underperformed HSBC with an annualized return of 15.91%, while HSBC has yielded a comparatively higher 17.91% annualized return.
CG
- 1D
- 0.21%
- 1M
- -13.31%
- YTD
- -25.27%
- 6M
- -21.43%
- 1Y
- -3.38%
- 3Y*
- 16.77%
- 5Y*
- 3.15%
- 10Y*
- 15.91%
HSBC
- 1D
- 0.80%
- 1M
- 2.08%
- YTD
- 20.29%
- 6M
- 33.24%
- 1Y
- 60.06%
- 3Y*
- 43.23%
- 5Y*
- 32.21%
- 10Y*
- 17.91%
CG vs. HSBC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CG The Carlyle Group Inc. | -25.27% | 20.20% | 28.05% | 42.55% | -43.78% | 78.46% | 1.62% | 116.75% | -27.28% | 59.83% |
HSBC HSBC Holdings plc | 20.29% | 67.91% | 34.48% | 39.45% | 7.79% | 20.76% | -31.71% | 1.44% | -16.05% | 36.04% |
Correlation
The correlation between CG and HSBC is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since May 4, 2012 | 0.38 |
Fundamentals
CG:
$15.65B
HSBC:
$316.57B
CG:
$1.48
HSBC:
$6.38
CG:
29.43
HSBC:
14.34
CG:
0.18
HSBC:
0.71
CG:
4.03
HSBC:
2.49
CG:
2.12
HSBC:
1.81
CG:
$3.99B
HSBC:
$128.37B
CG:
$2.92B
HSBC:
$65.42B
CG:
$1.01B
HSBC:
$34.27B
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Return for Risk
CG vs. HSBC — Risk / Return Rank
CG
HSBC
CG vs. HSBC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Carlyle Group Inc. (CG) 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.
| CG | HSBC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.40 | ||
| Sortino ratioReturn per unit of downside risk | -2.89 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.40 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.09 | 3.71 | -3.80 |
| Martin ratioReturn relative to average drawdown | -0.18 | 13.24 | -13.42 |
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
| CG | HSBC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.09 | 2.30 | -2.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.08 | 1.26 | -1.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.70 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.25 | +0.05 |
Drawdowns
CG vs. HSBC - Drawdown Comparison
The maximum CG drawdown since its inception was -62.69%, smaller than the maximum HSBC drawdown of -74.47%. Use the drawdown chart below to compare losses from any high point for CG and HSBC.
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Drawdown Indicators
| CG | HSBC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.69% | -74.47% | +11.78% |
Max Drawdown (1Y)Largest decline over 1 year | -37.83% | -16.28% | -21.55% |
Max Drawdown (3Y)Largest decline over 3 years | -38.53% | -21.83% | -16.70% |
Max Drawdown (5Y)Largest decline over 5 years | -56.75% | -31.80% | -24.95% |
Max Drawdown (10Y)Largest decline over 10 years | -56.75% | -62.26% | +5.51% |
Current DrawdownCurrent decline from peak | -35.87% | -3.87% | -32.00% |
Average DrawdownAverage peak-to-trough decline | -21.74% | -24.11% | +2.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.30% | 4.55% | +14.75% |
Volatility
CG vs. HSBC - Volatility Comparison
The Carlyle Group Inc. (CG) has a higher volatility of 9.57% compared to HSBC Holdings plc (HSBC) at 7.33%. This indicates that CG's price experiences larger fluctuations and is considered to be riskier than HSBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CG | HSBC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.57% | 7.33% | +2.24% |
Volatility (6M)Calculated over the trailing 6-month period | 27.66% | 21.58% | +6.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.92% | 26.25% | +9.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.74% | 25.78% | +13.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.36% | 25.56% | +11.80% |
Dividends
CG vs. HSBC - Dividend Comparison
CG's dividend yield for the trailing twelve months is around 3.21%, less than HSBC's 4.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CG The Carlyle Group Inc. | 3.21% | 2.37% | 2.77% | 3.38% | 4.11% | 1.82% | 3.18% | 4.24% | 7.87% | 5.41% | 11.02% | 21.70% |
HSBC HSBC Holdings plc | 4.10% | 4.19% | 8.29% | 6.54% | 4.33% | 3.65% | 4.05% | 6.52% | 6.20% | 4.94% | 6.35% | 6.33% |
Financials
CG vs. HSBC - Financials Comparison
This section allows you to compare key financial metrics between The Carlyle Group Inc. 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
CG and HSBC have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CG has higher volatility (9.57%) compared to HSBC (7.33%). In terms of maximum drawdown, CG dropped -62.69% vs HSBC's -74.47%.
HSBC currently has the higher Sharpe Ratio (2.30 vs -0.09), 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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