HSBC vs. ^GSPC
Compare and contrast key facts about HSBC Holdings plc (HSBC) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSBC or ^GSPC.
Performance
HSBC vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, HSBC achieves a 23.00% return, which is significantly lower than ^GSPC's 24.72% return. Over the past 10 years, HSBC has underperformed ^GSPC with an annualized return of 4.76%, while ^GSPC has yielded a comparatively higher 11.16% annualized return.
HSBC
23.00%
4.92%
8.14%
31.09%
9.26%
4.76%
^GSPC
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Key characteristics
| HSBC | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 1.34 | 2.54 |
| Sortino Ratio | 1.67 | 3.40 |
| Omega Ratio | 1.26 | 1.47 |
| Calmar Ratio | 1.62 | 3.66 |
| Martin Ratio | 7.92 | 16.26 |
| Ulcer Index | 3.70% | 1.91% |
| Daily Std Dev | 21.84% | 12.23% |
| Max Drawdown | -74.47% | -56.78% |
| Current Drawdown | -1.15% | -0.88% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between HSBC and ^GSPC is 0.60, 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.
Risk-Adjusted Performance
HSBC vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC Holdings plc (HSBC) 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
HSBC vs. ^GSPC - Drawdown Comparison
The maximum HSBC drawdown since its inception was -74.47%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for HSBC and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
HSBC vs. ^GSPC - Volatility Comparison
HSBC Holdings plc (HSBC) has a higher volatility of 6.51% compared to S&P 500 (^GSPC) at 3.96%. This indicates that HSBC's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.