HMCX.L vs. ^GSPC
Compare and contrast key facts about HSBC FTSE 250 UCITS ETF GBP (HMCX.L) and S&P 500 (^GSPC).
HMCX.L is a passively managed fund by HSBC that tracks the performance of the FTSE 250 Ex Investment Trust TR GBP. It was launched on Apr 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HMCX.L or ^GSPC.
Correlation
The correlation between HMCX.L and ^GSPC is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HMCX.L vs. ^GSPC - Performance Comparison
Key characteristics
HMCX.L:
0.86
^GSPC:
1.62
HMCX.L:
1.27
^GSPC:
2.20
HMCX.L:
1.16
^GSPC:
1.30
HMCX.L:
0.61
^GSPC:
2.46
HMCX.L:
3.78
^GSPC:
10.01
HMCX.L:
2.69%
^GSPC:
2.08%
HMCX.L:
11.82%
^GSPC:
12.88%
HMCX.L:
-41.50%
^GSPC:
-56.78%
HMCX.L:
-7.37%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, HMCX.L achieves a 0.29% return, which is significantly lower than ^GSPC's 2.24% return. Over the past 10 years, HMCX.L has underperformed ^GSPC with an annualized return of 4.18%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
HMCX.L
0.29%
0.18%
-1.69%
9.85%
1.13%
4.18%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
HMCX.L vs. ^GSPC — Risk-Adjusted Performance Rank
HMCX.L
^GSPC
HMCX.L vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC FTSE 250 UCITS ETF GBP (HMCX.L) 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
HMCX.L vs. ^GSPC - Drawdown Comparison
The maximum HMCX.L drawdown since its inception was -41.50%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for HMCX.L and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
HMCX.L vs. ^GSPC - Volatility Comparison
The current volatility for HSBC FTSE 250 UCITS ETF GBP (HMCX.L) is 2.75%, while S&P 500 (^GSPC) has a volatility of 3.37%. This indicates that HMCX.L experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.