HSDT vs. ^GSPC
HSDT (Helius Medical Technologies, Inc.) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, HSDT returned -74.35%/yr vs 13.27%/yr for ^GSPC. At a 0.15 correlation, their price movements are largely independent.
Performance
HSDT vs. ^GSPC - Performance Comparison
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Returns By Period
In the year-to-date period, HSDT achieves a -40.83% return, which is significantly lower than ^GSPC's 9.79% return. Over the past 10 years, HSDT has underperformed ^GSPC with an annualized return of -74.35%, while ^GSPC has yielded a comparatively higher 13.27% annualized return.
HSDT
- 1D
- -2.29%
- 1M
- 11.04%
- 6M
- -46.73%
- YTD
- -40.83%
- 1Y
- -78.76%
- 3Y*
- -93.73%
- 5Y*
- -92.24%
- 10Y*
- -74.35%
^GSPC
- 1D
- -0.79%
- 1M
- 1.13%
- 6M
- 7.71%
- YTD
- 9.79%
- 1Y
- 20.06%
- 3Y*
- 18.60%
- 5Y*
- 11.43%
- 10Y*
- 13.27%
HSDT vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HSDT Helius Medical Technologies, Inc. | -40.83% | -99.43% | -91.66% | -47.61% | -94.09% | -60.63% | -61.18% | -89.41% | 271.75% | 78.81% |
^GSPC S&P 500 Index | 9.79% | 16.39% | 23.31% | 24.23% | -19.44% | 26.89% | 16.26% | 28.88% | -6.24% | 19.42% |
Correlation
The correlation between HSDT and ^GSPC is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2014 | 0.15 |
Over the past year, HSDT and ^GSPC have become more correlated (0.41) than their long-term average of 0.15, meaning their price movements have been converging.
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Return for Risk
HSDT vs. ^GSPC — Risk / Return Rank
HSDT
^GSPC
HSDT vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Helius Medical Technologies, Inc. (HSDT) and S&P 500 Index (^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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HSDT | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.03 | ||
| Sortino ratioReturn per unit of downside risk | -2.54 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.29 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.83 | 2.21 | -3.05 |
| Martin ratioReturn relative to average drawdown | -1.02 | 9.61 | -10.63 |
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Drawdowns
HSDT vs. ^GSPC - Drawdown Comparison
The maximum HSDT drawdown since its inception was -100.00%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for HSDT and ^GSPC.
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Drawdown Indicators
| HSDT | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -56.78% | -43.22% |
Max Drawdown (1Y)Largest decline over 1 year | -94.74% | -9.10% | -85.64% |
Max Drawdown (3Y)Largest decline over 3 years | -99.98% | -18.90% | -81.08% |
Max Drawdown (5Y)Largest decline over 5 years | -100.00% | -25.43% | -74.57% |
Max Drawdown (10Y)Largest decline over 10 years | -100.00% | -33.92% | -66.08% |
Current DrawdownCurrent decline from peak | -100.00% | -1.24% | -98.76% |
Average DrawdownAverage peak-to-trough decline | -73.58% | -10.71% | -62.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 77.19% | 2.09% | +75.10% |
Volatility
HSDT vs. ^GSPC - Volatility Comparison
Helius Medical Technologies, Inc. (HSDT) has a higher volatility of 29.01% compared to S&P 500 Index (^GSPC) at 3.96%. This indicates that HSDT'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.
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Volatility by Period
| HSDT | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.01% | 3.96% | +25.05% |
Volatility (6M)Calculated over the trailing 6-month period | 71.01% | 9.99% | +61.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 184.71% | 12.57% | +172.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 156.90% | 17.01% | +139.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 200.01% | 18.05% | +181.96% |
Frequently Asked Questions
HSDT and ^GSPC have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HSDT has higher volatility (29.01%) compared to ^GSPC (3.96%). In terms of maximum drawdown, HSDT dropped -100.00% vs ^GSPC's -56.78%.
^GSPC currently has the higher Sharpe Ratio (1.61 vs -0.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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