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 -74.19%/yr vs 13.66%/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 -48.79% return, which is significantly lower than ^GSPC's 10.35% return. Over the past 10 years, HSDT has underperformed ^GSPC with an annualized return of -74.19%, while ^GSPC has yielded a comparatively higher 13.66% annualized return.
HSDT
- 1D
- -7.50%
- 1M
- -31.48%
- YTD
- -48.79%
- 6M
- -64.42%
- 1Y
- -99.16%
- 3Y*
- -93.73%
- 5Y*
- -92.17%
- 10Y*
- -74.19%
^GSPC
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
HSDT vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HSDT Helius Medical Technologies, Inc. | -48.79% | -99.43% | -91.66% | -47.61% | -94.09% | -60.63% | -61.18% | -89.41% | 271.75% | 78.81% |
^GSPC S&P 500 Index | 10.35% | 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 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2014 | 0.15 |
Over the past year, HSDT and ^GSPC have become more correlated (0.35) 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.
| HSDT | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.71 | ||
| Sortino ratioReturn per unit of downside risk | -5.13 | ||
| Omega ratioGain probability vs. loss probability | 0.73 | 1.41 | -0.68 |
| Calmar ratioReturn relative to maximum drawdown | -1.00 | 2.93 | -3.93 |
| Martin ratioReturn relative to average drawdown | -1.04 | 13.52 | -14.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HSDT | ^GSPC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.47 | 2.24 | -2.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.59 | 0.73 | -1.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.37 | 0.76 | -1.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.38 | 0.47 | -0.85 |
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 | -99.09% | -9.10% | -89.99% |
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% | -0.74% | -99.26% |
Average DrawdownAverage peak-to-trough decline | -73.37% | -10.72% | -62.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 95.85% | 1.97% | +93.88% |
Volatility
HSDT vs. ^GSPC - Volatility Comparison
Helius Medical Technologies, Inc. (HSDT) has a higher volatility of 23.84% compared to S&P 500 Index (^GSPC) at 2.93%. 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 | 23.84% | 2.93% | +20.91% |
Volatility (6M)Calculated over the trailing 6-month period | 68.72% | 8.99% | +59.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 209.83% | 11.89% | +197.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 156.26% | 16.90% | +139.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 199.79% | 18.06% | +181.73% |
Frequently Asked Questions
HSDT and ^GSPC have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HSDT has higher volatility (23.84%) compared to ^GSPC (2.93%). In terms of maximum drawdown, HSDT dropped -100.00% vs ^GSPC's -56.78%.
^GSPC currently has the higher Sharpe Ratio (2.24 vs -0.47), 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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