HSBC vs. SPY
Compare and contrast key facts about HSBC Holdings plc (HSBC) 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: HSBC or SPY.
Performance
HSBC vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, HSBC achieves a 22.76% return, which is significantly lower than SPY's 25.41% return. Over the past 10 years, HSBC has underperformed SPY with an annualized return of 4.74%, while SPY has yielded a comparatively higher 13.07% annualized return.
HSBC
22.76%
5.76%
6.93%
29.03%
9.23%
4.74%
SPY
25.41%
1.18%
12.15%
32.04%
15.51%
13.07%
Key characteristics
| HSBC | SPY | |
|---|---|---|
| Sharpe Ratio | 1.30 | 2.62 |
| Sortino Ratio | 1.63 | 3.50 |
| Omega Ratio | 1.25 | 1.49 |
| Calmar Ratio | 1.57 | 3.78 |
| Martin Ratio | 7.70 | 17.00 |
| Ulcer Index | 3.70% | 1.87% |
| Daily Std Dev | 21.85% | 12.14% |
| Max Drawdown | -74.47% | -55.19% |
| Current Drawdown | -1.34% | -1.38% |
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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.
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.
Dividends
HSBC vs. SPY - Dividend Comparison
HSBC's dividend yield for the trailing twelve months is around 6.60%, more than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSBC HSBC Holdings plc | 6.60% | 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 | 1.19% | 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.
Volatility
HSBC vs. SPY - Volatility Comparison
HSBC Holdings plc (HSBC) has a higher volatility of 6.63% compared to SPDR S&P 500 ETF (SPY) at 4.09%. This indicates that HSBC's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.