HSBA.L vs. SPY
Compare and contrast key facts about HSBC Holdings plc (HSBA.L) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSBA.L or SPY.
Correlation
The correlation between HSBA.L and SPY is 0.34, 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
HSBA.L vs. SPY - Performance Comparison
Key characteristics
HSBA.L:
1.82
SPY:
2.17
HSBA.L:
2.19
SPY:
2.88
HSBA.L:
1.36
SPY:
1.40
HSBA.L:
3.38
SPY:
3.26
HSBA.L:
10.32
SPY:
14.09
HSBA.L:
3.74%
SPY:
1.95%
HSBA.L:
21.20%
SPY:
12.64%
HSBA.L:
-61.71%
SPY:
-55.19%
HSBA.L:
0.00%
SPY:
-2.83%
Returns By Period
In the year-to-date period, HSBA.L achieves a 0.75% return, which is significantly higher than SPY's 0.44% return. Over the past 10 years, HSBA.L has underperformed SPY with an annualized return of 9.04%, while SPY has yielded a comparatively higher 13.15% annualized return.
HSBA.L
0.75%
5.48%
21.52%
37.78%
12.49%
9.04%
SPY
0.44%
-2.83%
6.59%
25.62%
14.26%
13.15%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
HSBA.L vs. SPY — Risk-Adjusted Performance Rank
HSBA.L
SPY
HSBA.L vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Holdings plc (HSBA.L) and SPDR S&P 500 ETF (SPY). 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.
Dividends
HSBA.L vs. SPY - Dividend Comparison
HSBA.L's dividend yield for the trailing twelve months is around 8.27%, more than SPY's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSBA.L HSBC Holdings plc | 8.27% | 8.34% | 6.67% | 4.21% | 3.55% | 5.54% | 6.69% | 5.83% | 5.18% | 5.79% | 6.12% | 4.88% |
SPY SPDR S&P 500 ETF | 1.20% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
HSBA.L vs. SPY - Drawdown Comparison
The maximum HSBA.L drawdown since its inception was -61.71%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for HSBA.L and SPY. For additional features, visit the drawdowns tool.
Volatility
HSBA.L vs. SPY - Volatility Comparison
The current volatility for HSBC Holdings plc (HSBA.L) is 3.24%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.48%. This indicates that HSBA.L experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.