^SP600 vs. ^XLHK
Compare and contrast key facts about S&P 600 (^SP600) and Dow Jones Hong Kong Titans 30 Index (^XLHK).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SP600 or ^XLHK.
Correlation
The correlation between ^SP600 and ^XLHK is 0.15, 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
^SP600 vs. ^XLHK - Performance Comparison
Key characteristics
^SP600:
0.69
^XLHK:
0.02
^SP600:
1.13
^XLHK:
0.16
^SP600:
1.13
^XLHK:
1.02
^SP600:
0.85
^XLHK:
0.01
^SP600:
3.00
^XLHK:
0.02
^SP600:
4.36%
^XLHK:
11.92%
^SP600:
18.94%
^XLHK:
19.30%
^SP600:
-59.17%
^XLHK:
-68.02%
^SP600:
-7.43%
^XLHK:
-44.03%
Returns By Period
In the year-to-date period, ^SP600 achieves a 1.54% return, which is significantly higher than ^XLHK's -0.20% return. Over the past 10 years, ^SP600 has outperformed ^XLHK with an annualized return of 7.33%, while ^XLHK has yielded a comparatively lower -2.86% annualized return.
^SP600
1.54%
-0.05%
4.33%
8.31%
7.04%
7.33%
^XLHK
-0.20%
4.21%
4.19%
1.44%
-8.08%
-2.86%
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Risk-Adjusted Performance
^SP600 vs. ^XLHK — Risk-Adjusted Performance Rank
^SP600
^XLHK
^SP600 vs. ^XLHK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 600 (^SP600) and Dow Jones Hong Kong Titans 30 Index (^XLHK). 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
^SP600 vs. ^XLHK - Drawdown Comparison
The maximum ^SP600 drawdown since its inception was -59.17%, smaller than the maximum ^XLHK drawdown of -68.02%. Use the drawdown chart below to compare losses from any high point for ^SP600 and ^XLHK. For additional features, visit the drawdowns tool.
Volatility
^SP600 vs. ^XLHK - Volatility Comparison
The current volatility for S&P 600 (^SP600) is 3.69%, while Dow Jones Hong Kong Titans 30 Index (^XLHK) has a volatility of 5.07%. This indicates that ^SP600 experiences smaller price fluctuations and is considered to be less risky than ^XLHK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.