HCM.L vs. SPY
Compare and contrast key facts about HUTCHMED China Ltd (HCM.L) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HCM.L or SPY.
Correlation
The correlation between HCM.L and SPY is 0.15, 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.
Performance
HCM.L vs. SPY - Performance Comparison
Key characteristics
HCM.L:
0.07
SPY:
1.75
HCM.L:
0.52
SPY:
2.36
HCM.L:
1.06
SPY:
1.32
HCM.L:
0.06
SPY:
2.66
HCM.L:
0.17
SPY:
11.01
HCM.L:
21.53%
SPY:
2.03%
HCM.L:
54.94%
SPY:
12.77%
HCM.L:
-85.93%
SPY:
-55.19%
HCM.L:
-58.97%
SPY:
-2.12%
Returns By Period
In the year-to-date period, HCM.L achieves a 8.94% return, which is significantly higher than SPY's 2.36% return. Over the past 10 years, HCM.L has underperformed SPY with an annualized return of 8.04%, while SPY has yielded a comparatively higher 12.96% annualized return.
HCM.L
8.94%
10.11%
-2.66%
4.92%
-8.43%
8.04%
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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Risk-Adjusted Performance
HCM.L vs. SPY — Risk-Adjusted Performance Rank
HCM.L
SPY
HCM.L vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HUTCHMED China Ltd (HCM.L) and SPDR S&P 500 ETF (SPY). 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.
Dividends
HCM.L vs. SPY - Dividend Comparison
HCM.L has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.18%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HCM.L HUTCHMED China Ltd | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
HCM.L vs. SPY - Drawdown Comparison
The maximum HCM.L drawdown since its inception was -85.93%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for HCM.L and SPY. For additional features, visit the drawdowns tool.
Volatility
HCM.L vs. SPY - Volatility Comparison
HUTCHMED China Ltd (HCM.L) has a higher volatility of 13.72% compared to SPDR S&P 500 ETF (SPY) at 3.32%. This indicates that HCM.L's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.