HSDT vs. ^GSPC
Compare and contrast key facts about Helius Medical Technologies, Inc. (HSDT) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSDT or ^GSPC.
Correlation
The correlation between HSDT and ^GSPC is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HSDT vs. ^GSPC - Performance Comparison
Key characteristics
HSDT:
-0.59
^GSPC:
0.65
HSDT:
-1.63
^GSPC:
1.02
HSDT:
0.82
^GSPC:
1.15
HSDT:
-0.91
^GSPC:
0.67
HSDT:
-1.21
^GSPC:
2.62
HSDT:
75.79%
^GSPC:
4.81%
HSDT:
153.85%
^GSPC:
19.40%
HSDT:
-100.00%
^GSPC:
-56.78%
HSDT:
-100.00%
^GSPC:
-8.04%
Returns By Period
In the year-to-date period, HSDT achieves a -54.05% return, which is significantly lower than ^GSPC's -3.93% return. Over the past 10 years, HSDT has underperformed ^GSPC with an annualized return of -68.18%, while ^GSPC has yielded a comparatively higher 10.35% annualized return.
HSDT
-54.05%
-21.03%
-39.13%
-89.27%
-79.14%
-68.18%
^GSPC
-3.93%
11.36%
-1.09%
10.19%
14.74%
10.35%
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Risk-Adjusted Performance
HSDT vs. ^GSPC — Risk-Adjusted Performance Rank
HSDT
^GSPC
HSDT vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Helius Medical Technologies, Inc. (HSDT) 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.
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. For additional features, visit the drawdowns tool.
Volatility
HSDT vs. ^GSPC - Volatility Comparison
Helius Medical Technologies, Inc. (HSDT) has a higher volatility of 35.11% compared to S&P 500 (^GSPC) at 13.20%. 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.