HCM vs. ^GSPC
Compare and contrast key facts about HUTCHMED (China) Limited (HCM) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HCM or ^GSPC.
Correlation
The correlation between HCM and ^GSPC is 0.27, 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 vs. ^GSPC - Performance Comparison
Key characteristics
HCM:
0.21
^GSPC:
1.62
HCM:
0.74
^GSPC:
2.20
HCM:
1.08
^GSPC:
1.30
HCM:
0.17
^GSPC:
2.46
HCM:
0.59
^GSPC:
10.01
HCM:
19.85%
^GSPC:
2.08%
HCM:
56.58%
^GSPC:
12.88%
HCM:
-82.18%
^GSPC:
-56.78%
HCM:
-62.48%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, HCM achieves a 11.80% return, which is significantly higher than ^GSPC's 2.24% return.
HCM
11.80%
13.61%
-6.66%
2.87%
-9.28%
N/A
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
HCM vs. ^GSPC — Risk-Adjusted Performance Rank
HCM
^GSPC
HCM vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HUTCHMED (China) Limited (HCM) and S&P 500 (^GSPC). 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.
Drawdowns
HCM vs. ^GSPC - Drawdown Comparison
The maximum HCM drawdown since its inception was -82.18%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for HCM and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
HCM vs. ^GSPC - Volatility Comparison
HUTCHMED (China) Limited (HCM) has a higher volatility of 14.00% compared to S&P 500 (^GSPC) at 3.43%. This indicates that HCM's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.