^XLHK vs. ^SP600
Compare and contrast key facts about Dow Jones Hong Kong Titans 30 Index (^XLHK) and S&P 600 (^SP600).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^XLHK or ^SP600.
Correlation
The correlation between ^XLHK and ^SP600 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
^XLHK vs. ^SP600 - Performance Comparison
Key characteristics
^XLHK:
-0.22
^SP600:
-0.37
^XLHK:
-0.18
^SP600:
-0.39
^XLHK:
0.98
^SP600:
0.95
^XLHK:
-0.09
^SP600:
-0.35
^XLHK:
-0.33
^SP600:
-1.12
^XLHK:
12.72%
^SP600:
6.87%
^XLHK:
19.23%
^SP600:
20.85%
^XLHK:
-68.02%
^SP600:
-59.17%
^XLHK:
-42.73%
^SP600:
-21.87%
Returns By Period
In the year-to-date period, ^XLHK achieves a 2.12% return, which is significantly higher than ^SP600's -14.30% return. Over the past 10 years, ^XLHK has underperformed ^SP600 with an annualized return of -2.70%, while ^SP600 has yielded a comparatively higher 5.26% annualized return.
^XLHK
2.12%
-0.49%
-10.59%
4.48%
-4.16%
-2.70%
^SP600
-14.30%
-7.95%
-12.92%
-8.20%
14.21%
5.26%
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Risk-Adjusted Performance
^XLHK vs. ^SP600 — Risk-Adjusted Performance Rank
^XLHK
^SP600
^XLHK vs. ^SP600 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Hong Kong Titans 30 Index (^XLHK) and S&P 600 (^SP600). 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. ^SP600 - Drawdown Comparison
The maximum ^XLHK drawdown since its inception was -68.02%, which is greater than ^SP600's maximum drawdown of -59.17%. Use the drawdown chart below to compare losses from any high point for ^XLHK and ^SP600. For additional features, visit the drawdowns tool.
Volatility
^XLHK vs. ^SP600 - Volatility Comparison
The current volatility for Dow Jones Hong Kong Titans 30 Index (^XLHK) is 3.99%, while S&P 600 (^SP600) has a volatility of 9.49%. This indicates that ^XLHK experiences smaller price fluctuations and is considered to be less risky than ^SP600 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.