WF vs. HSBC
WF (Woori Financial Group Inc.) and HSBC (HSBC Holdings plc) are both stocks. Both are in the Financial Services sector — WF in Banks - Regional, HSBC in Banks - Diversified. Over the past 10 years, WF returned 13.01%/yr vs 18.39%/yr for HSBC. At a 0.41 correlation, their price movements are largely independent.
Performance
WF vs. HSBC - Performance Comparison
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Returns By Period
In the year-to-date period, WF achieves a 5.94% return, which is significantly lower than HSBC's 21.78% return. Over the past 10 years, WF has underperformed HSBC with an annualized return of 13.01%, while HSBC has yielded a comparatively higher 18.39% annualized return.
WF
- 1D
- 2.30%
- 1M
- -2.95%
- YTD
- 5.94%
- 6M
- 10.62%
- 1Y
- 39.84%
- 3Y*
- 39.21%
- 5Y*
- 22.39%
- 10Y*
- 13.01%
HSBC
- 1D
- 2.15%
- 1M
- 2.72%
- YTD
- 21.78%
- 6M
- 27.76%
- 1Y
- 64.27%
- 3Y*
- 43.81%
- 5Y*
- 32.55%
- 10Y*
- 18.39%
WF vs. HSBC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WF Woori Financial Group Inc. | 5.94% | 99.65% | 16.76% | 13.14% | -7.19% | 18.91% | -9.52% | -28.16% | -5.75% | 40.44% |
HSBC HSBC Holdings plc | 21.78% | 67.91% | 34.48% | 39.45% | 7.79% | 20.76% | -31.71% | 1.44% | -16.05% | 36.04% |
Correlation
The correlation between WF and HSBC is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2003 | 0.41 |
Fundamentals
WF:
$16.13B
HSBC:
$320.51B
WF:
₩12.69K
HSBC:
$6.38
WF:
7.46
HSBC:
14.52
WF:
1.06
HSBC:
0.71
WF:
1.68
HSBC:
2.52
WF:
0.72
HSBC:
1.84
WF:
₩14.13T
HSBC:
$128.37B
WF:
₩7.05T
HSBC:
$65.42B
WF:
₩4.72T
HSBC:
$34.27B
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Return for Risk
WF vs. HSBC — Risk / Return Rank
WF
HSBC
WF vs. HSBC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Woori Financial Group Inc. (WF) 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.
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.
| WF | HSBC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.27 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.40 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 3.80 | -2.55 |
| Martin ratioReturn relative to average drawdown | 3.12 | 13.41 | -10.29 |
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Drawdowns
WF vs. HSBC - Drawdown Comparison
The maximum WF drawdown since its inception was -89.46%, which is greater than HSBC's maximum drawdown of -74.47%. Use the drawdown chart below to compare losses from any high point for WF and HSBC.
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Drawdown Indicators
| WF | HSBC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.46% | -74.47% | -14.99% |
Max Drawdown (1Y)Largest decline over 1 year | -30.99% | -16.28% | -14.71% |
Max Drawdown (3Y)Largest decline over 3 years | -30.99% | -21.83% | -9.16% |
Max Drawdown (5Y)Largest decline over 5 years | -43.52% | -31.80% | -11.72% |
Max Drawdown (10Y)Largest decline over 10 years | -70.84% | -62.26% | -8.58% |
Current DrawdownCurrent decline from peak | -26.27% | -2.67% | -23.60% |
Average DrawdownAverage peak-to-trough decline | -42.89% | -24.09% | -18.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.45% | 4.61% | +7.84% |
Volatility
WF vs. HSBC - Volatility Comparison
The current volatility for Woori Financial Group Inc. (WF) is 9.16%, while HSBC Holdings plc (HSBC) has a volatility of 10.18%. This indicates that WF 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
| WF | HSBC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.16% | 10.18% | -1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 26.06% | 22.25% | +3.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.04% | 27.11% | +6.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.02% | 25.95% | +5.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.47% | 25.62% | +7.85% |
Dividends
WF vs. HSBC - Dividend Comparison
WF's dividend yield for the trailing twelve months is around 0.69%, less than HSBC's 4.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSBC HSBC Holdings plc | 4.05% | 4.19% | 8.29% | 6.54% | 4.33% | 3.65% | 4.05% | 6.52% | 6.20% | 4.94% | 6.35% | 6.33% |
WF Woori Financial Group Inc. | 0.69% | 3.84% | 12.93% | 2.71% | 8.20% | 1.19% | 0.00% | 0.00% | 0.00% | 0.58% | 3.29% | 7.86% |
Financials
WF vs. HSBC - Financials Comparison
This section allows you to compare key financial metrics between Woori Financial Group Inc. 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
WF vs. HSBC - Profitability Comparison
WF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Woori Financial Group Inc. reported a gross profit of 847.95B and revenue of 847.95B. Therefore, the gross margin over that period was 100.0%.
HSBC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported a gross profit of 16.93B and revenue of 32.92B. Therefore, the gross margin over that period was 51.4%.
WF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Woori Financial Group Inc. reported an operating income of 847.95B and revenue of 847.95B, resulting in an operating margin of 100.0%.
HSBC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported an operating income of 9.36B and revenue of 32.92B, resulting in an operating margin of 28.4%.
WF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Woori Financial Group Inc. reported a net income of 638.92B and revenue of 847.95B, resulting in a net margin of 75.4%.
HSBC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported a net income of 7.33B and revenue of 32.92B, resulting in a net margin of 22.3%.
Frequently Asked Questions
WF and HSBC have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HSBC has higher volatility (10.18%) compared to WF (9.16%). In terms of maximum drawdown, WF dropped -89.46% vs HSBC's -74.47%.
HSBC currently has the higher Sharpe Ratio (2.28 vs 1.14), 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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