^HSI vs. BTC-USD
Compare and contrast key facts about Hang Seng Index (^HSI) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^HSI or BTC-USD.
Key characteristics
| ^HSI | BTC-USD | |
|---|---|---|
| YTD Return | 2.33% | 27.64% |
| 1Y Return | -4.16% | 105.60% |
| 3Y Return (Ann) | -13.17% | 4.84% |
| 5Y Return (Ann) | -8.34% | 38.88% |
| 10Y Return (Ann) | -3.69% | 60.51% |
| Sharpe Ratio | -0.17 | 0.77 |
| Daily Std Dev | 21.64% | 43.02% |
| Max Drawdown | -91.54% | -93.07% |
| Current Drawdown | -47.38% | -26.18% |
Correlation
The correlation between ^HSI and BTC-USD is 0.01, 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
^HSI vs. BTC-USD - Performance Comparison
In the year-to-date period, ^HSI achieves a 2.33% return, which is significantly lower than BTC-USD's 27.64% return. Over the past 10 years, ^HSI has underperformed BTC-USD with an annualized return of -3.69%, while BTC-USD has yielded a comparatively higher 60.51% annualized return. 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
^HSI vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hang Seng Index (^HSI) and Bitcoin (BTC-USD). 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. BTC-USD - Drawdown Comparison
The maximum ^HSI drawdown since its inception was -91.54%, roughly equal to the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for ^HSI and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
^HSI vs. BTC-USD - Volatility Comparison
The current volatility for Hang Seng Index (^HSI) is 4.09%, while Bitcoin (BTC-USD) has a volatility of 18.17%. This indicates that ^HSI experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.