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:
0.03
^GSPC:
1.77
HCM:
0.47
^GSPC:
2.39
HCM:
1.05
^GSPC:
1.32
HCM:
0.02
^GSPC:
2.66
HCM:
0.07
^GSPC:
10.85
HCM:
19.59%
^GSPC:
2.08%
HCM:
55.80%
^GSPC:
12.79%
HCM:
-82.18%
^GSPC:
-56.78%
HCM:
-68.05%
^GSPC:
0.00%
Returns By Period
In the year-to-date period, HCM achieves a -4.79% return, which is significantly lower than ^GSPC's 4.22% return.
HCM
-4.79%
-3.38%
-23.65%
-5.96%
-13.00%
N/A
^GSPC
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
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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 12.08% compared to S&P 500 (^GSPC) at 3.19%. 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.