S&P 500 vs Hang Seng Performance Comparison

S&P 500 and Hang Seng are commonly compared by investors. This page compares historical performance using normalized returns (100 at start), total return, and CAGR. Data updates daily.

Compare S&P 500, Hang Seng: normalized performance (100 at start), total return and CAGR. Same data as our investment calculators.

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Quick answer

S&P 500 led by a wide margin on total return versus Hang Seng.

Steadier on S&P 500: lower volatility and a shallower worst drawdown than Hang Seng.

Winner: S&P 500 | Risk: Hang Seng | Stability: S&P 500

What this means

  • S&P 500 posted the stronger headline return in this slice; that rarely comes without deeper dips or faster moves.
  • S&P 500 still had the shallower worst dip in this history—return and drawdown can line up either way.
  • The better fit depends on risk tolerance, how long you can stay invested, and whether you prioritize raw return or a calmer path.

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About this comparison

This comparison shows the historical performance of S&P 500 and Hang Seng over your selected time period, highlighting differences in growth, volatility, and overall return.

About S&P 500 vs Hang Seng

S&P 500 (SPX) and Hang Seng (HSI) are commonly compared by investors to understand relative performance and diversification. Each is a broad equity market benchmark for its region or style.

Comparing assets within the same category helps highlight relative performance, volatility, and diversification potential.

This page compares historical performance using normalized returns (100 at start), total return, and CAGR based on daily closing prices. Use the time-range buttons (1M, 3M, 6M, 1Y, 5Y, All) to explore different horizons.

What to look for

  • Long-term trend vs volatility — Steeper lines mean higher growth; wider swings mean more volatility.
  • Drawdowns and risk — Periods where a line dips show drawdowns; compare how far each asset fell in stress periods.
  • Diversification — Assets that don’t move in lockstep can help diversify; the chart shows how correlated these returns have been.

Historical Performance

The chart above uses normalized performance: each asset starts at 100 on the first common date. This lets you compare multiple assets on the same scale and see long-term growth differences at a glance.

You can switch time ranges (1M, 3M, 6M, 1Y, 5Y, or All) to see how performance varied over different periods. The table shows total return and CAGR for the selected range.

Comparison at a glance

MetricS&P 500Hang Seng
Asset TypeIndexIndex
VolatilityMediumMedium
Typical UseGrowth / DiversificationGrowth
LiquidityHighMedium
Typical investorsBalancedBalanced
Primary driverGrowthGrowth

Key takeaways

  • Use the table above to see which asset had the higher total return and CAGR for your selected period (change the period with 1M, 3M, 1Y, 5Y, or All).
  • Higher CAGR over a period means that asset grew faster annually; compare the CAGR column in the performance table.
  • Volatility differs by asset type: in general, S&P 500 tends to be more volatile than Hang Seng; use the chart to see drawdowns and swings.

Explore both assets

Forecasts, scenarios, ratios, and tools for each leg of this comparison.

Forecasts are scenario-based estimates and not guarantees.

Past performance does not guarantee future results.

Example Investment

If $1,000 had been invested in S&P 500 and Hang Seng at the start of the period, this tool shows how their value would have changed over time. Use the chart and period buttons to explore different horizons.

Final verdict

The chart and table show the same calendar for every name: return rank, bumpiness, and drawdown depth side by side. Read it as historical context for your own risk tolerance and timeframe. Not financial advice.

FAQ

What does "normalized to 100" mean?

Each asset's performance is rescaled so that it starts at 100 on the first common date. That way you can compare percentage growth on a level playing field: if one line ends at 200 and another at 150, the first doubled and the second gained 50% over the period. The chart uses the same idea for all time ranges (1M, 3M, 1Y, 5Y, or All).

How can I compare S&P 500 and Hang Seng fairly?

Performance depends on the time period and your goals. The chart above lets you compare S&P 500 and Hang Seng over different horizons. Each has different risk and return characteristics, so use the period buttons and table to see what has held over 1 year, 5 years, or the full history.

Why do investors compare S&P 500 and Hang Seng?

Investors compare these assets to understand relative performance, diversification benefits, and how to allocate between them. Side-by-side comparison helps with planning and risk management. The normalized chart and total return/CAGR table makes it easier to evaluate return behavior across different periods.

How can I identify higher historical returns?

Historical results vary by period. Use the interactive chart and time-range buttons (1M, 3M, 6M, 1Y, 5Y, All) on this page to compare total return and CAGR. The performance table updates for the selected range so you can see which asset posted higher historical return over that horizon.

Is it possible to diversify using both assets?

Yes. Holding multiple asset classes can reduce portfolio volatility when their returns are not perfectly correlated. This comparison tool helps you see how these assets have moved relative to each other over time. If the lines diverge or move in opposite directions in some periods, that can support diversification.

Related Comparisons

If you want to see relative valuation, try Price Ratios.