^HSI vs. VOO
Compare and contrast key facts about Hang Seng Index (^HSI) and Vanguard S&P 500 ETF (VOO).
VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^HSI or VOO.
Key characteristics
| ^HSI | VOO | |
|---|---|---|
| YTD Return | 3.83% | 18.95% |
| 1Y Return | -2.37% | 28.72% |
| 3Y Return (Ann) | -11.63% | 9.35% |
| 5Y Return (Ann) | -7.35% | 15.86% |
| 10Y Return (Ann) | -3.37% | 12.94% |
| Sharpe Ratio | -0.06 | 2.38 |
| Daily Std Dev | 21.90% | 12.41% |
| Max Drawdown | -91.54% | -33.99% |
| Current Drawdown | -46.61% | -0.57% |
Correlation
The correlation between ^HSI and VOO is 0.19, 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. VOO - Performance Comparison
In the year-to-date period, ^HSI achieves a 3.83% return, which is significantly lower than VOO's 18.95% return. Over the past 10 years, ^HSI has underperformed VOO with an annualized return of -3.37%, while VOO has yielded a comparatively higher 12.94% 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. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hang Seng Index (^HSI) and Vanguard S&P 500 ETF (VOO). 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. VOO - Drawdown Comparison
The maximum ^HSI drawdown since its inception was -91.54%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ^HSI and VOO. For additional features, visit the drawdowns tool.
Volatility
^HSI vs. VOO - Volatility Comparison
The current volatility for Hang Seng Index (^HSI) is 4.74%, while Vanguard S&P 500 ETF (VOO) has a volatility of 5.81%. This indicates that ^HSI experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.