WFSPX vs. 0700.HK
Compare and contrast key facts about iShares S&P 500 Index Fund (WFSPX) and Tencent Holdings Ltd (0700.HK).
WFSPX is managed by Blackrock. It was launched on Jul 30, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WFSPX or 0700.HK.
Key characteristics
| WFSPX | 0700.HK | |
|---|---|---|
| YTD Return | 27.15% | 41.47% |
| 1Y Return | 37.62% | 37.17% |
| 3Y Return (Ann) | 9.95% | -4.48% |
| 5Y Return (Ann) | 15.75% | 5.58% |
| 10Y Return (Ann) | 13.14% | 12.93% |
| Sharpe Ratio | 3.22 | 1.33 |
| Sortino Ratio | 4.27 | 1.90 |
| Omega Ratio | 1.61 | 1.25 |
| Calmar Ratio | 4.71 | 0.69 |
| Martin Ratio | 21.31 | 5.03 |
| Ulcer Index | 1.87% | 8.89% |
| Daily Std Dev | 12.29% | 33.52% |
| Max Drawdown | -89.72% | -73.53% |
| Current Drawdown | 0.00% | -44.48% |
Correlation
The correlation between WFSPX and 0700.HK is 0.12, 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
WFSPX vs. 0700.HK - Performance Comparison
In the year-to-date period, WFSPX achieves a 27.15% return, which is significantly lower than 0700.HK's 41.47% return. Both investments have delivered pretty close results over the past 10 years, with WFSPX having a 13.14% annualized return and 0700.HK not far behind at 12.93%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
WFSPX vs. 0700.HK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Index Fund (WFSPX) and Tencent Holdings Ltd (0700.HK). 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
WFSPX vs. 0700.HK - Dividend Comparison
WFSPX's dividend yield for the trailing twelve months is around 1.20%, more than 0700.HK's 0.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WFSPX iShares S&P 500 Index Fund | 1.20% | 1.44% | 1.69% | 1.25% | 1.55% | 1.99% | 2.03% | 1.74% | 2.07% | 1.95% | 1.84% | 1.70% |
0700.HK Tencent Holdings Ltd | 0.83% | 1.63% | 0.93% | 0.32% | 0.20% | 0.25% | 0.27% | 0.14% | 0.23% | 0.22% | 0.20% | 0.19% |
Drawdowns
WFSPX vs. 0700.HK - Drawdown Comparison
The maximum WFSPX drawdown since its inception was -89.72%, which is greater than 0700.HK's maximum drawdown of -73.53%. Use the drawdown chart below to compare losses from any high point for WFSPX and 0700.HK. For additional features, visit the drawdowns tool.
Volatility
WFSPX vs. 0700.HK - Volatility Comparison
The current volatility for iShares S&P 500 Index Fund (WFSPX) is 3.88%, while Tencent Holdings Ltd (0700.HK) has a volatility of 9.67%. This indicates that WFSPX experiences smaller price fluctuations and is considered to be less risky than 0700.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.