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HSBC vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HSBC and SPY 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.


-0.50.00.51.00.6

Performance

HSBC vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in HSBC Holdings plc (HSBC) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

100.00%200.00%300.00%400.00%500.00%600.00%JulyAugustSeptemberOctoberNovemberDecember
159.08%
555.19%
HSBC
SPY

Key characteristics

Sharpe Ratio

HSBC:

1.52

SPY:

2.21

Sortino Ratio

HSBC:

1.85

SPY:

2.93

Omega Ratio

HSBC:

1.29

SPY:

1.41

Calmar Ratio

HSBC:

1.82

SPY:

3.26

Martin Ratio

HSBC:

8.91

SPY:

14.43

Ulcer Index

HSBC:

3.70%

SPY:

1.90%

Daily Std Dev

HSBC:

21.69%

SPY:

12.41%

Max Drawdown

HSBC:

-74.47%

SPY:

-55.19%

Current Drawdown

HSBC:

-0.76%

SPY:

-2.74%

Returns By Period

In the year-to-date period, HSBC achieves a 28.18% return, which is significantly higher than SPY's 25.54% return. Over the past 10 years, HSBC has underperformed SPY with an annualized return of 5.62%, while SPY has yielded a comparatively higher 12.97% annualized return.


HSBC

YTD

28.18%

1M

4.41%

6M

13.47%

1Y

30.83%

5Y*

9.18%

10Y*

5.62%

SPY

YTD

25.54%

1M

-0.42%

6M

8.90%

1Y

25.98%

5Y*

14.66%

10Y*

12.97%

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Risk-Adjusted Performance

HSBC vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for HSBC Holdings plc (HSBC) 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.


Sharpe ratio
The chart of Sharpe ratio for HSBC, currently valued at 1.52, compared to the broader market-4.00-2.000.002.001.522.21
The chart of Sortino ratio for HSBC, currently valued at 1.85, compared to the broader market-4.00-2.000.002.004.001.852.93
The chart of Omega ratio for HSBC, currently valued at 1.29, compared to the broader market0.501.001.502.001.291.41
The chart of Calmar ratio for HSBC, currently valued at 1.82, compared to the broader market0.002.004.006.001.823.26
The chart of Martin ratio for HSBC, currently valued at 8.91, compared to the broader market-5.000.005.0010.0015.0020.0025.008.9114.43
HSBC
SPY

The current HSBC Sharpe Ratio is 1.52, which is lower than the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of HSBC and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.52
2.21
HSBC
SPY

Dividends

HSBC vs. SPY - Dividend Comparison

HSBC's dividend yield for the trailing twelve months is around 6.32%, more than SPY's 0.86% yield.


TTM20232022202120202019201820172016201520142013
HSBC
HSBC Holdings plc
6.32%6.54%4.33%3.65%0.00%6.52%6.20%4.94%6.35%6.33%5.19%4.35%
SPY
SPDR S&P 500 ETF
0.86%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

HSBC vs. SPY - Drawdown Comparison

The maximum HSBC drawdown since its inception was -74.47%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for HSBC and SPY. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.76%
-2.74%
HSBC
SPY

Volatility

HSBC vs. SPY - Volatility Comparison

The current volatility for HSBC Holdings plc (HSBC) is 3.39%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.72%. This indicates that HSBC 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.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
3.39%
3.72%
HSBC
SPY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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