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HMCA.L vs. CNYA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


HMCA.LCNYA
YTD Return22.53%15.41%
1Y Return17.16%15.62%
3Y Return (Ann)-2.54%-9.42%
5Y Return (Ann)30.40%2.81%
Sharpe Ratio0.560.54
Sortino Ratio1.120.99
Omega Ratio1.151.16
Calmar Ratio0.460.33
Martin Ratio1.922.04
Ulcer Index8.22%8.11%
Daily Std Dev28.35%30.41%
Max Drawdown-34.60%-49.49%
Current Drawdown-16.13%-34.76%

Correlation

-0.50.00.51.00.9

The correlation between HMCA.L and CNYA is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

HMCA.L vs. CNYA - Performance Comparison

In the year-to-date period, HMCA.L achieves a 22.53% return, which is significantly higher than CNYA's 15.41% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%40.00%MayJuneJulyAugustSeptemberOctober
10.69%
12.10%
HMCA.L
CNYA

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HMCA.L vs. CNYA - Expense Ratio Comparison

HMCA.L has a 0.30% expense ratio, which is lower than CNYA's 0.60% expense ratio.


CNYA
iShares MSCI China A ETF
Expense ratio chart for CNYA: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for HMCA.L: current value at 0.30% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.30%

Risk-Adjusted Performance

HMCA.L vs. CNYA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for HSBC MSCI CHINA A UCITS ETF (HMCA.L) and iShares MSCI China A ETF (CNYA). 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.


HMCA.L
Sharpe ratio
The chart of Sharpe ratio for HMCA.L, currently valued at 0.77, compared to the broader market-2.000.002.004.006.000.77
Sortino ratio
The chart of Sortino ratio for HMCA.L, currently valued at 1.44, compared to the broader market0.005.0010.001.44
Omega ratio
The chart of Omega ratio for HMCA.L, currently valued at 1.20, compared to the broader market1.001.502.002.503.003.501.20
Calmar ratio
The chart of Calmar ratio for HMCA.L, currently valued at 0.60, compared to the broader market0.005.0010.0015.000.60
Martin ratio
The chart of Martin ratio for HMCA.L, currently valued at 3.13, compared to the broader market0.0020.0040.0060.0080.00100.00120.003.13
CNYA
Sharpe ratio
The chart of Sharpe ratio for CNYA, currently valued at 0.43, compared to the broader market-2.000.002.004.006.000.43
Sortino ratio
The chart of Sortino ratio for CNYA, currently valued at 0.83, compared to the broader market0.005.0010.000.83
Omega ratio
The chart of Omega ratio for CNYA, currently valued at 1.13, compared to the broader market1.001.502.002.503.003.501.13
Calmar ratio
The chart of Calmar ratio for CNYA, currently valued at 0.26, compared to the broader market0.005.0010.0015.000.26
Martin ratio
The chart of Martin ratio for CNYA, currently valued at 1.59, compared to the broader market0.0020.0040.0060.0080.00100.00120.001.59

HMCA.L vs. CNYA - Sharpe Ratio Comparison

The current HMCA.L Sharpe Ratio is 0.56, which is comparable to the CNYA Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of HMCA.L and CNYA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50MayJuneJulyAugustSeptemberOctober
0.77
0.43
HMCA.L
CNYA

Dividends

HMCA.L vs. CNYA - Dividend Comparison

HMCA.L's dividend yield for the trailing twelve months is around 196.05%, more than CNYA's 3.73% yield.


TTM20232022202120202019201820172016
HMCA.L
HSBC MSCI CHINA A UCITS ETF
196.05%220.18%175.95%109.02%88.31%177.84%0.00%0.00%0.00%
CNYA
iShares MSCI China A ETF
3.73%4.23%2.69%1.11%1.06%1.21%3.92%0.97%1.38%

Drawdowns

HMCA.L vs. CNYA - Drawdown Comparison

The maximum HMCA.L drawdown since its inception was -34.60%, smaller than the maximum CNYA drawdown of -49.49%. Use the drawdown chart below to compare losses from any high point for HMCA.L and CNYA. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%MayJuneJulyAugustSeptemberOctober
-16.84%
-34.76%
HMCA.L
CNYA

Volatility

HMCA.L vs. CNYA - Volatility Comparison

The current volatility for HSBC MSCI CHINA A UCITS ETF (HMCA.L) is 18.76%, while iShares MSCI China A ETF (CNYA) has a volatility of 24.04%. This indicates that HMCA.L experiences smaller price fluctuations and is considered to be less risky than CNYA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%MayJuneJulyAugustSeptemberOctober
18.76%
24.04%
HMCA.L
CNYA