HSBA.L vs. BT-A.L
HSBA.L (HSBC Holdings plc) and BT-A.L (BT Group plc) are both stocks. HSBA.L operates in Banks - Diversified (Financial Services), while BT-A.L operates in Telecom Services (Communication Services). Over the past 10 years, HSBA.L returned 18.05%/yr vs -2.53%/yr for BT-A.L. At a 0.36 correlation, their price movements are largely independent.
Performance
HSBA.L vs. BT-A.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 BT-A.L's 11.11% return. Over the past 10 years, HSBA.L has outperformed BT-A.L with an annualized return of 18.05%, while BT-A.L has yielded a comparatively lower -2.53% 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%
BT-A.L
- 1D
- 1.49%
- 1M
- -13.42%
- YTD
- 11.11%
- 6M
- 17.09%
- 1Y
- 19.68%
- 3Y*
- 17.95%
- 5Y*
- 7.11%
- 10Y*
- -2.53%
HSBA.L vs. BT-A.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% |
BT-A.L BT Group plc | 11.11% | 33.10% | 23.69% | 17.70% | -30.23% | 29.97% | -31.28% | -12.15% | -6.56% | -21.99% |
Correlation
The correlation between HSBA.L and BT-A.L is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Aug 21, 2006 | 0.36 |
Over the past year, the correlation between HSBA.L and BT-A.L has dropped to 0.04 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.
Fundamentals
HSBA.L:
£125.68B
BT-A.L:
£20.36B
HSBA.L:
£61.95B
BT-A.L:
£9.54B
HSBA.L:
£31.98B
BT-A.L:
£7.36B
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Return for Risk
HSBA.L vs. BT-A.L — Risk / Return Rank
HSBA.L
BT-A.L
HSBA.L vs. BT-A.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Holdings plc (HSBA.L) and BT Group plc (BT-A.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 | BT-A.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.74 | ||
| Sortino ratioReturn per unit of downside risk | +1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.16 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 3.93 | 1.00 | +2.93 |
| Martin ratioReturn relative to average drawdown | 14.65 | 1.93 | +12.72 |
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 | BT-A.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.49 | 0.75 | +1.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.37 | 0.24 | +1.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | -0.08 | +0.81 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.12 | +0.10 |
Drawdowns
HSBA.L vs. BT-A.L - Drawdown Comparison
The maximum HSBA.L drawdown since its inception was -66.05%, smaller than the maximum BT-A.L drawdown of -75.45%. Use the drawdown chart below to compare losses from any high point for HSBA.L and BT-A.L.
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Drawdown Indicators
| HSBA.L | BT-A.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.05% | -75.45% | +9.40% |
Max Drawdown (1Y)Largest decline over 1 year | -15.96% | -19.61% | +3.65% |
Max Drawdown (3Y)Largest decline over 3 years | -21.98% | -25.74% | +3.76% |
Max Drawdown (5Y)Largest decline over 5 years | -21.98% | -43.18% | +21.20% |
Max Drawdown (10Y)Largest decline over 10 years | -59.96% | -71.80% | +11.84% |
Current DrawdownCurrent decline from peak | -2.74% | -34.05% | +31.31% |
Average DrawdownAverage peak-to-trough decline | -18.74% | -36.97% | +18.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.27% | 10.19% | -5.92% |
Volatility
HSBA.L vs. BT-A.L - Volatility Comparison
The current volatility for HSBC Holdings plc (HSBA.L) is 5.97%, while BT Group plc (BT-A.L) has a volatility of 11.13%. This indicates that HSBA.L experiences smaller price fluctuations and is considered to be less risky than BT-A.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 | BT-A.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.97% | 11.13% | -5.16% |
Volatility (6M)Calculated over the trailing 6-month period | 20.94% | 20.44% | +0.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.25% | 26.27% | -1.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.59% | 29.83% | -5.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.77% | 30.99% | -6.22% |
Dividends
HSBA.L vs. BT-A.L - Dividend Comparison
HSBA.L's dividend yield for the trailing twelve months is around 4.06%, more than BT-A.L's 4.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BT-A.L BT Group plc | 4.01% | 4.46% | 5.62% | 6.23% | 6.87% | 1.36% | 0.00% | 8.00% | 6.37% | 5.67% | 3.94% | 2.73% |
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. BT-A.L - Financials Comparison
This section allows you to compare key financial metrics between HSBC Holdings plc and BT Group 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 BT-A.L have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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