^HSI vs. SPY
Compare and contrast key facts about Hang Seng Index (^HSI) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^HSI or SPY.
Correlation
The correlation between ^HSI and SPY is 0.17, 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. SPY - Performance Comparison
Key characteristics
^HSI:
1.51
SPY:
-0.09
^HSI:
2.15
SPY:
-0.02
^HSI:
1.28
SPY:
1.00
^HSI:
0.75
SPY:
-0.09
^HSI:
3.93
SPY:
-0.45
^HSI:
9.80%
SPY:
3.31%
^HSI:
25.50%
SPY:
15.87%
^HSI:
-91.54%
SPY:
-55.19%
^HSI:
-31.08%
SPY:
-17.32%
Returns By Period
In the year-to-date period, ^HSI achieves a 13.91% return, which is significantly higher than SPY's -13.53% return. Over the past 10 years, ^HSI has underperformed SPY with an annualized return of -1.03%, while SPY has yielded a comparatively higher 11.25% annualized return.
^HSI
13.91%
-3.16%
0.50%
36.62%
-0.34%
-1.03%
SPY
-13.53%
-13.08%
-11.25%
-0.26%
17.01%
11.25%
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. SPY — Risk-Adjusted Performance Rank
^HSI
SPY
^HSI vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hang Seng Index (^HSI) and SPDR S&P 500 ETF (SPY). 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. SPY - Drawdown Comparison
The maximum ^HSI drawdown since its inception was -91.54%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^HSI and SPY. For additional features, visit the drawdowns tool.
Volatility
^HSI vs. SPY - Volatility Comparison
The current volatility for Hang Seng Index (^HSI) is 6.11%, while SPDR S&P 500 ETF (SPY) has a volatility of 9.29%. This indicates that ^HSI experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.