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HSBC vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

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.


-0.50.00.51.0
Correlation: 0.6

Performance

HSBC vs. ^GSPC - Performance Comparison

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

150.00%200.00%250.00%300.00%NovemberDecember2025FebruaryMarchApril
209.84%
289.43%
HSBC
^GSPC

Key characteristics

Sharpe Ratio

HSBC:

1.72

^GSPC:

0.46

Sortino Ratio

HSBC:

2.13

^GSPC:

0.77

Omega Ratio

HSBC:

1.33

^GSPC:

1.11

Calmar Ratio

HSBC:

1.95

^GSPC:

0.47

Martin Ratio

HSBC:

9.35

^GSPC:

1.94

Ulcer Index

HSBC:

4.55%

^GSPC:

4.61%

Daily Std Dev

HSBC:

24.77%

^GSPC:

19.44%

Max Drawdown

HSBC:

-74.47%

^GSPC:

-56.78%

Current Drawdown

HSBC:

-6.24%

^GSPC:

-10.07%

Returns By Period

In the year-to-date period, HSBC achieves a 16.73% return, which is significantly higher than ^GSPC's -6.06% return. Over the past 10 years, HSBC has underperformed ^GSPC with an annualized return of 6.83%, while ^GSPC has yielded a comparatively higher 10.27% annualized return.


HSBC

YTD

16.73%

1M

-3.08%

6M

31.54%

1Y

42.48%

5Y*

22.85%

10Y*

6.83%

^GSPC

YTD

-6.06%

1M

-1.00%

6M

-4.87%

1Y

8.34%

5Y*

14.11%

10Y*

10.27%

*Annualized

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Risk-Adjusted Performance

HSBC vs. ^GSPC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HSBC
The Risk-Adjusted Performance Rank of HSBC is 9292
Overall Rank
The Sharpe Ratio Rank of HSBC is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of HSBC is 8888
Sortino Ratio Rank
The Omega Ratio Rank of HSBC is 9090
Omega Ratio Rank
The Calmar Ratio Rank of HSBC is 9393
Calmar Ratio Rank
The Martin Ratio Rank of HSBC is 9494
Martin Ratio Rank

^GSPC
The Risk-Adjusted Performance Rank of ^GSPC is 6969
Overall Rank
The Sharpe Ratio Rank of ^GSPC is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of ^GSPC is 6262
Sortino Ratio Rank
The Omega Ratio Rank of ^GSPC is 6868
Omega Ratio Rank
The Calmar Ratio Rank of ^GSPC is 7171
Calmar Ratio Rank
The Martin Ratio Rank of ^GSPC is 7474
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The chart of Sharpe ratio for HSBC, currently valued at 1.72, compared to the broader market-2.00-1.000.001.002.003.00
HSBC: 1.72
^GSPC: 0.46
The chart of Sortino ratio for HSBC, currently valued at 2.13, compared to the broader market-6.00-4.00-2.000.002.004.00
HSBC: 2.13
^GSPC: 0.77
The chart of Omega ratio for HSBC, currently valued at 1.33, compared to the broader market0.501.001.502.00
HSBC: 1.33
^GSPC: 1.11
The chart of Calmar ratio for HSBC, currently valued at 1.95, compared to the broader market0.001.002.003.004.005.00
HSBC: 1.95
^GSPC: 0.47
The chart of Martin ratio for HSBC, currently valued at 9.35, compared to the broader market-5.000.005.0010.0015.0020.00
HSBC: 9.35
^GSPC: 1.94

The current HSBC Sharpe Ratio is 1.72, which is higher than the ^GSPC Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of HSBC and ^GSPC, 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 Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
1.72
0.46
HSBC
^GSPC

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.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-6.24%
-10.07%
HSBC
^GSPC

Volatility

HSBC vs. ^GSPC - Volatility Comparison

HSBC Holdings plc (HSBC) has a higher volatility of 15.39% compared to S&P 500 (^GSPC) at 14.23%. 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.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
15.39%
14.23%
HSBC
^GSPC