^XLHK vs. VOO
Compare and contrast key facts about Dow Jones Hong Kong Titans 30 Index (^XLHK) 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: ^XLHK or VOO.
Correlation
The correlation between ^XLHK and VOO is 0.18, 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
^XLHK vs. VOO - Performance Comparison
Key characteristics
^XLHK:
0.04
VOO:
2.04
^XLHK:
0.19
VOO:
2.72
^XLHK:
1.02
VOO:
1.38
^XLHK:
0.02
VOO:
3.02
^XLHK:
0.08
VOO:
13.60
^XLHK:
9.72%
VOO:
1.88%
^XLHK:
20.07%
VOO:
12.52%
^XLHK:
-68.02%
VOO:
-33.99%
^XLHK:
-44.72%
VOO:
-3.52%
Returns By Period
In the year-to-date period, ^XLHK achieves a -6.83% return, which is significantly lower than VOO's 24.65% return. Over the past 10 years, ^XLHK has underperformed VOO with an annualized return of -2.36%, while VOO has yielded a comparatively higher 13.02% annualized return.
^XLHK
-6.83%
-1.83%
1.48%
-4.02%
-8.23%
-2.36%
VOO
24.65%
-0.29%
7.63%
24.77%
14.57%
13.02%
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Risk-Adjusted Performance
^XLHK vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Hong Kong Titans 30 Index (^XLHK) 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
^XLHK vs. VOO - Drawdown Comparison
The maximum ^XLHK drawdown since its inception was -68.02%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ^XLHK and VOO. For additional features, visit the drawdowns tool.
Volatility
^XLHK vs. VOO - Volatility Comparison
Dow Jones Hong Kong Titans 30 Index (^XLHK) has a higher volatility of 4.73% compared to Vanguard S&P 500 ETF (VOO) at 3.41%. This indicates that ^XLHK's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.