^HSI vs. AACFX
Compare and contrast key facts about Hang Seng Index (^HSI) and Invesco Greater China Fund (AACFX).
AACFX is managed by Invesco. It was launched on Mar 30, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^HSI or AACFX.
Key characteristics
| ^HSI | AACFX | |
|---|---|---|
| YTD Return | 2.43% | -2.05% |
| 1Y Return | -7.33% | -9.96% |
| 3Y Return (Ann) | -12.61% | -14.04% |
| 5Y Return (Ann) | -8.20% | -6.12% |
| 10Y Return (Ann) | -3.70% | 0.07% |
| Sharpe Ratio | -0.13 | -0.50 |
| Daily Std Dev | 21.74% | 16.93% |
| Max Drawdown | -91.54% | -71.35% |
| Current Drawdown | -47.33% | -53.41% |
Correlation
The correlation between ^HSI and AACFX is 0.61, 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
^HSI vs. AACFX - Performance Comparison
In the year-to-date period, ^HSI achieves a 2.43% return, which is significantly higher than AACFX's -2.05% return. Over the past 10 years, ^HSI has underperformed AACFX with an annualized return of -3.70%, while AACFX has yielded a comparatively higher 0.07% annualized 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.
Risk-Adjusted Performance
^HSI vs. AACFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hang Seng Index (^HSI) and Invesco Greater China Fund (AACFX). 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
^HSI vs. AACFX - Drawdown Comparison
The maximum ^HSI drawdown since its inception was -91.54%, which is greater than AACFX's maximum drawdown of -71.35%. Use the drawdown chart below to compare losses from any high point for ^HSI and AACFX. For additional features, visit the drawdowns tool.
Volatility
^HSI vs. AACFX - Volatility Comparison
Hang Seng Index (^HSI) and Invesco Greater China Fund (AACFX) have volatilities of 4.24% and 4.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.