LGGNY vs. HSBC
LGGNY (Legal & General Group Plc) and HSBC (HSBC Holdings plc) are both stocks. Both are in the Financial Services sector — LGGNY in Asset Management, HSBC in Banks - Diversified. Over the past 10 years, LGGNY returned 9.11%/yr vs 17.61%/yr for HSBC. At a 0.44 correlation, their price movements are largely independent.
Performance
LGGNY vs. HSBC - Performance Comparison
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Returns By Period
In the year-to-date period, LGGNY achieves a 9.40% return, which is significantly lower than HSBC's 23.06% return. Over the past 10 years, LGGNY has underperformed HSBC with an annualized return of 9.11%, while HSBC has yielded a comparatively higher 17.61% annualized return.
LGGNY
- 1D
- -0.22%
- 1M
- 6.08%
- YTD
- 9.40%
- 6M
- 15.54%
- 1Y
- 15.39%
- 3Y*
- 16.11%
- 5Y*
- 6.28%
- 10Y*
- 9.11%
HSBC
- 1D
- -1.65%
- 1M
- 4.47%
- YTD
- 23.06%
- 6M
- 34.44%
- 1Y
- 65.49%
- 3Y*
- 45.12%
- 5Y*
- 32.27%
- 10Y*
- 17.61%
LGGNY vs. HSBC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LGGNY Legal & General Group Plc | 9.40% | 32.85% | -3.49% | 17.36% | -21.83% | 18.83% | -1.17% | 45.45% | -16.11% | 35.63% |
HSBC HSBC Holdings plc | 23.06% | 67.91% | 34.48% | 39.45% | 7.79% | 20.76% | -31.71% | 1.44% | -16.05% | 36.04% |
Correlation
The correlation between LGGNY and HSBC is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2007 | 0.44 |
The correlation between LGGNY and HSBC shifts across timeframes, from 0.44 (all time) to 0.55 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
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Return for Risk
LGGNY vs. HSBC — Risk / Return Rank
LGGNY
HSBC
LGGNY vs. HSBC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Legal & General Group Plc (LGGNY) and HSBC Holdings plc (HSBC). 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.
| LGGNY | HSBC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.81 | ||
| Sortino ratioReturn per unit of downside risk | -2.15 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.44 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.93 | 4.04 | -3.12 |
| Martin ratioReturn relative to average drawdown | 2.51 | 14.50 | -12.00 |
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
| LGGNY | HSBC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.71 | 2.52 | -1.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 1.26 | -1.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | 0.69 | -0.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.25 | -0.09 |
Drawdowns
LGGNY vs. HSBC - Drawdown Comparison
The maximum LGGNY drawdown since its inception was -89.75%, which is greater than HSBC's maximum drawdown of -74.47%. Use the drawdown chart below to compare losses from any high point for LGGNY and HSBC.
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Drawdown Indicators
| LGGNY | HSBC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.75% | -74.47% | -15.28% |
Max Drawdown (1Y)Largest decline over 1 year | -16.70% | -16.28% | -0.42% |
Max Drawdown (3Y)Largest decline over 3 years | -18.03% | -21.83% | +3.80% |
Max Drawdown (5Y)Largest decline over 5 years | -43.39% | -31.80% | -11.59% |
Max Drawdown (10Y)Largest decline over 10 years | -62.54% | -62.26% | -0.28% |
Current DrawdownCurrent decline from peak | -0.71% | -1.65% | +0.94% |
Average DrawdownAverage peak-to-trough decline | -20.44% | -24.12% | +3.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.15% | 4.53% | +1.62% |
Volatility
LGGNY vs. HSBC - Volatility Comparison
The current volatility for Legal & General Group Plc (LGGNY) is 6.81%, while HSBC Holdings plc (HSBC) has a volatility of 9.27%. This indicates that LGGNY experiences smaller price fluctuations and is considered to be less risky than HSBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LGGNY | HSBC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.81% | 9.27% | -2.46% |
Volatility (6M)Calculated over the trailing 6-month period | 17.13% | 21.43% | -4.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.78% | 26.11% | -4.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.94% | 25.76% | +1.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.66% | 25.55% | +9.11% |
Dividends
LGGNY vs. HSBC - Dividend Comparison
LGGNY's dividend yield for the trailing twelve months is around 7.92%, more than HSBC's 4.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSBC HSBC Holdings plc | 4.00% | 4.19% | 8.29% | 6.54% | 4.33% | 3.65% | 4.05% | 6.52% | 6.20% | 4.94% | 6.35% | 6.33% |
LGGNY Legal & General Group Plc | 7.92% | 7.92% | 9.06% | 7.34% | 7.62% | 5.68% | 5.86% | 4.97% | 6.77% | 8.42% | 12.35% | 4.47% |
Financials
LGGNY vs. HSBC - Financials Comparison
This section allows you to compare key financial metrics between Legal & General Group Plc and HSBC Holdings plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
LGGNY and HSBC have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HSBC has higher volatility (9.27%) compared to LGGNY (6.81%). In terms of maximum drawdown, LGGNY dropped -89.75% vs HSBC's -74.47%.
HSBC currently has the higher Sharpe Ratio (2.52 vs 0.71), 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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