HSBA.L vs. ABDN.L
HSBA.L (HSBC Holdings plc) and ABDN.L (Abrdn plc) are both stocks. Both are in the Financial Services sector — HSBA.L in Banks - Diversified, ABDN.L in Asset Management. Over the past 10 years, HSBA.L returned 18.05%/yr vs 3.37%/yr for ABDN.L. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
HSBA.L vs. ABDN.L - Performance Comparison
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Returns By Period
In the year-to-date period, HSBA.L achieves a 20.63% return, which is significantly higher than ABDN.L's 19.18% return. Over the past 10 years, HSBA.L has outperformed ABDN.L with an annualized return of 18.05%, while ABDN.L has yielded a comparatively lower 3.37% annualized return.
HSBA.L
- 1D
- 0.76%
- 1M
- 4.48%
- YTD
- 20.63%
- 6M
- 33.00%
- 1Y
- 62.97%
- 3Y*
- 40.74%
- 5Y*
- 33.67%
- 10Y*
- 18.05%
ABDN.L
- 1D
- -0.92%
- 1M
- 7.36%
- YTD
- 19.18%
- 6M
- 25.02%
- 1Y
- 38.53%
- 3Y*
- 12.60%
- 5Y*
- 4.96%
- 10Y*
- 3.37%
HSBA.L vs. ABDN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HSBA.L HSBC Holdings plc | 20.63% | 57.77% | 36.43% | 32.14% | 19.91% | 22.90% | -35.99% | -2.41% | -11.05% | 23.54% |
ABDN.L Abrdn plc | 19.18% | 57.94% | -12.84% | 2.11% | -14.88% | -9.77% | -5.36% | 38.83% | -44.96% | 24.70% |
Correlation
The correlation between HSBA.L and ABDN.L is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Aug 21, 2006 | 0.52 |
The correlation between HSBA.L and ABDN.L shifts across timeframes, from 0.34 (3 years) to 0.52 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HSBA.L:
£1.27
ABDN.L:
£0.70
HSBA.L:
10.80
ABDN.L:
3.39
HSBA.L:
0.52
ABDN.L:
0.00
HSBA.L:
1.91
ABDN.L:
0.67
HSBA.L:
£125.68B
ABDN.L:
£3.20B
HSBA.L:
£61.95B
ABDN.L:
£3.05B
HSBA.L:
£31.98B
ABDN.L:
£796.00M
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Return for Risk
HSBA.L vs. ABDN.L — Risk / Return Rank
HSBA.L
ABDN.L
HSBA.L vs. ABDN.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Holdings plc (HSBA.L) and Abrdn plc (ABDN.L). 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.
| HSBA.L | ABDN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.15 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.26 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.93 | 2.60 | +1.33 |
| Martin ratioReturn relative to average drawdown | 14.65 | 7.62 | +7.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HSBA.L | ABDN.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.49 | 1.34 | +1.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.37 | 0.15 | +1.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.10 | +0.63 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.13 | +0.09 |
Drawdowns
HSBA.L vs. ABDN.L - Drawdown Comparison
The maximum HSBA.L drawdown since its inception was -66.05%, roughly equal to the maximum ABDN.L drawdown of -64.13%. Use the drawdown chart below to compare losses from any high point for HSBA.L and ABDN.L.
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Drawdown Indicators
| HSBA.L | ABDN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.05% | -64.13% | -1.92% |
Max Drawdown (1Y)Largest decline over 1 year | -15.96% | -14.76% | -1.20% |
Max Drawdown (3Y)Largest decline over 3 years | -21.98% | -37.10% | +15.12% |
Max Drawdown (5Y)Largest decline over 5 years | -21.98% | -50.49% | +28.51% |
Max Drawdown (10Y)Largest decline over 10 years | -59.96% | -61.82% | +1.86% |
Current DrawdownCurrent decline from peak | -2.74% | -14.50% | +11.76% |
Average DrawdownAverage peak-to-trough decline | -18.74% | -28.92% | +10.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.27% | 5.04% | -0.77% |
Volatility
HSBA.L vs. ABDN.L - Volatility Comparison
The current volatility for HSBC Holdings plc (HSBA.L) is 5.97%, while Abrdn plc (ABDN.L) has a volatility of 8.11%. This indicates that HSBA.L experiences smaller price fluctuations and is considered to be less risky than ABDN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HSBA.L | ABDN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.97% | 8.11% | -2.14% |
Volatility (6M)Calculated over the trailing 6-month period | 20.94% | 23.85% | -2.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.25% | 28.65% | -3.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.59% | 32.62% | -8.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.77% | 33.91% | -9.14% |
Dividends
HSBA.L vs. ABDN.L - Dividend Comparison
HSBA.L's dividend yield for the trailing twelve months is around 4.06%, less than ABDN.L's 6.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABDN.L Abrdn plc | 6.18% | 7.10% | 10.34% | 8.17% | 7.71% | 6.06% | 7.68% | 6.58% | 10.54% | 5.33% | 5.78% | 5.12% |
HSBA.L HSBC Holdings plc | 4.06% | 4.28% | 8.28% | 6.80% | 4.11% | 3.54% | 0.00% | 6.79% | 5.83% | 5.18% | 0.00% | 0.00% |
Financials
HSBA.L vs. ABDN.L - Financials Comparison
This section allows you to compare key financial metrics between HSBC Holdings plc and Abrdn plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
HSBA.L and ABDN.L have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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