HSPS.L vs. VOO
Compare and contrast key facts about HSBC S&P 500 UCITS ETF USD (Acc) (HSPS.L) and Vanguard S&P 500 ETF (VOO).
HSPS.L and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HSPS.L is a passively managed fund by HSBC that tracks the performance of the Russell 1000 TR USD. It was launched on Jun 21, 2022. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both HSPS.L and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSPS.L or VOO.
Key characteristics
| HSPS.L | VOO | |
|---|---|---|
| YTD Return | 14.50% | 18.91% |
| 1Y Return | 20.83% | 28.20% |
| Sharpe Ratio | 1.76 | 2.21 |
| Daily Std Dev | 11.46% | 12.64% |
| Max Drawdown | -11.91% | -33.99% |
| Current Drawdown | -2.08% | -0.60% |
Correlation
The correlation between HSPS.L and VOO is 0.65, 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.
Performance
HSPS.L vs. VOO - Performance Comparison
In the year-to-date period, HSPS.L achieves a 14.50% return, which is significantly lower than VOO's 18.91% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HSPS.L vs. VOO - Expense Ratio Comparison
HSPS.L has a 0.09% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
HSPS.L vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC S&P 500 UCITS ETF USD (Acc) (HSPS.L) and Vanguard S&P 500 ETF (VOO). 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
HSPS.L vs. VOO - Dividend Comparison
HSPS.L has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.28%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSPS.L HSBC S&P 500 UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
HSPS.L vs. VOO - Drawdown Comparison
The maximum HSPS.L drawdown since its inception was -11.91%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HSPS.L and VOO. For additional features, visit the drawdowns tool.
Volatility
HSPS.L vs. VOO - Volatility Comparison
HSBC S&P 500 UCITS ETF USD (Acc) (HSPS.L) has a higher volatility of 4.42% compared to Vanguard S&P 500 ETF (VOO) at 3.83%. This indicates that HSPS.L's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.