CLMT vs. HSBH
CLMT (Calumet Specialty Products Partners, L.P.) is a stock, while HSBH (HSBC Holdings plc ADRhedged ETF) is Financials Equities fund tracking the HSBC Holdings plc Local Shares Total Return. Over the past year, CLMT returned 159.57% vs 68.02% for HSBH. Their 0.00 correlation means their historical movements had little consistent relationship.
Performance
CLMT vs. HSBH - Performance Comparison
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Returns By Period
In the year-to-date period, CLMT achieves a 102.62% return, which is significantly higher than HSBH's 33.25% return.
CLMT
- 1D
- -3.13%
- 1M
- 9.19%
- 6M
- 64.26%
- YTD
- 102.62%
- 1Y
- 159.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 51.07%
HSBH
- 1D
- -3.25%
- 1M
- 3.24%
- 6M
- 19.01%
- YTD
- 33.25%
- 1Y
- 68.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 62.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $46.84M | $48.20M | $36.91M | |
| $1.96M | $1.40M | $676.58K |
CLMT vs. HSBH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CLMT Calumet Specialty Products Partners, L.P. | 102.62% | 108.06% |
HSBH HSBC Holdings plc ADRhedged ETF | 33.25% | 39.95% |
Correlation
The correlation between CLMT and HSBH is 0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.01 |
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025 | 0.00 |
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Return for Risk
CLMT vs. HSBH — Risk / Return Rank
CLMT
HSBH
CLMT vs. HSBH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calumet Specialty Products Partners, L.P. (CLMT) and HSBC Holdings plc ADRhedged ETF (HSBH). 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.
| CLMT | HSBH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.97 | ||
| Sortino ratioReturn per unit of downside risk | +0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.48 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 10.69 | 4.62 | +6.08 |
| Martin ratioReturn relative to average drawdown | 28.35 | 16.91 | +11.44 |
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Drawdowns
CLMT vs. HSBH - Drawdown Comparison
The maximum CLMT drawdown since its inception was -61.87%, which is greater than HSBH's maximum drawdown of -14.81%. Use the drawdown chart below to compare losses from any high point for CLMT and HSBH.
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Drawdown Indicators
| CLMT | HSBH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.87% | -14.81% | -47.06% |
Max Drawdown (1Y)Largest decline over 1 year | -15.01% | -14.81% | -0.20% |
Current DrawdownCurrent decline from peak | -8.89% | -4.97% | -3.92% |
Average DrawdownAverage peak-to-trough decline | -19.29% | -2.20% | -17.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.77% | 4.03% | +1.74% |
Volatility
CLMT vs. HSBH - Volatility Comparison
Calumet Specialty Products Partners, L.P. (CLMT) has a higher volatility of 10.85% compared to HSBC Holdings plc ADRhedged ETF (HSBH) at 7.55%. This indicates that CLMT's price experiences larger fluctuations and is considered to be riskier than HSBH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CLMT | HSBH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.85% | 7.55% | +3.30% |
Volatility (6M)Calculated over the trailing 6-month period | 32.39% | 20.06% | +12.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.23% | 24.10% | +18.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.79% | 22.92% | +36.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.79% | 22.92% | +36.87% |
Dividends
CLMT vs. HSBH - Dividend Comparison
CLMT has not paid dividends to shareholders, while HSBH's dividend yield for the trailing twelve months is around 2.23%.
| Position | TTM |
|---|---|
CLMT Calumet Specialty Products Partners, L.P. | 0.00% |
HSBH HSBC Holdings plc ADRhedged ETF | 2.23% |
Frequently Asked Questions
CLMT and HSBH have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CLMT has higher volatility (10.85%) compared to HSBH (7.55%). In terms of maximum drawdown, CLMT dropped -61.87% vs HSBH's -14.81%.
CLMT currently has the higher Sharpe Ratio (3.80 vs 2.84), 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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