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^XLHK vs. SPY
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^XLHK and SPY is 0.16, 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.


-0.50.00.51.0
Correlation: 0.2

Performance

^XLHK vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dow Jones Hong Kong Titans 30 Index (^XLHK) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

100.00%200.00%300.00%400.00%500.00%600.00%700.00%NovemberDecember2025FebruaryMarchApril
80.62%
637.33%
^XLHK
SPY

Key characteristics

Sharpe Ratio

^XLHK:

-0.05

SPY:

0.51

Sortino Ratio

^XLHK:

0.07

SPY:

0.86

Omega Ratio

^XLHK:

1.01

SPY:

1.13

Calmar Ratio

^XLHK:

-0.02

SPY:

0.55

Martin Ratio

^XLHK:

-0.09

SPY:

2.26

Ulcer Index

^XLHK:

11.74%

SPY:

4.55%

Daily Std Dev

^XLHK:

20.55%

SPY:

20.08%

Max Drawdown

^XLHK:

-68.02%

SPY:

-55.19%

Current Drawdown

^XLHK:

-44.04%

SPY:

-9.89%

Returns By Period

In the year-to-date period, ^XLHK achieves a -0.22% return, which is significantly higher than SPY's -5.76% return. Over the past 10 years, ^XLHK has underperformed SPY with an annualized return of -3.67%, while SPY has yielded a comparatively higher 12.04% annualized return.


^XLHK

YTD

-0.22%

1M

-4.07%

6M

-5.76%

1Y

0.77%

5Y*

-5.78%

10Y*

-3.67%

SPY

YTD

-5.76%

1M

-2.90%

6M

-4.30%

1Y

9.72%

5Y*

15.64%

10Y*

12.04%

*Annualized

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Risk-Adjusted Performance

^XLHK vs. SPY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^XLHK
The Risk-Adjusted Performance Rank of ^XLHK is 2828
Overall Rank
The Sharpe Ratio Rank of ^XLHK is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of ^XLHK is 2727
Sortino Ratio Rank
The Omega Ratio Rank of ^XLHK is 2727
Omega Ratio Rank
The Calmar Ratio Rank of ^XLHK is 3030
Calmar Ratio Rank
The Martin Ratio Rank of ^XLHK is 3030
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 6363
Overall Rank
The Sharpe Ratio Rank of SPY is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 6161
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 6464
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 6666
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 6565
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

^XLHK vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Dow Jones Hong Kong Titans 30 Index (^XLHK) 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.


The chart of Sharpe ratio for ^XLHK, currently valued at -0.01, compared to the broader market-0.500.000.501.001.50
^XLHK: -0.01
SPY: 0.22
The chart of Sortino ratio for ^XLHK, currently valued at 0.13, compared to the broader market-1.00-0.500.000.501.001.502.00
^XLHK: 0.13
SPY: 0.45
The chart of Omega ratio for ^XLHK, currently valued at 1.02, compared to the broader market0.901.001.101.201.30
^XLHK: 1.02
SPY: 1.07
The chart of Calmar ratio for ^XLHK, currently valued at -0.01, compared to the broader market-0.500.000.501.00
^XLHK: -0.01
SPY: 0.23
The chart of Martin ratio for ^XLHK, currently valued at -0.02, compared to the broader market0.002.004.006.00
^XLHK: -0.02
SPY: 0.92

The current ^XLHK Sharpe Ratio is -0.05, which is lower than the SPY Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of ^XLHK and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.01
0.22
^XLHK
SPY

Drawdowns

^XLHK vs. SPY - Drawdown Comparison

The maximum ^XLHK drawdown since its inception was -68.02%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^XLHK and SPY. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-44.00%
-9.89%
^XLHK
SPY

Volatility

^XLHK vs. SPY - Volatility Comparison

The current volatility for Dow Jones Hong Kong Titans 30 Index (^XLHK) is 10.03%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that ^XLHK 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.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
10.03%
15.12%
^XLHK
SPY