Backtest Hang Seng 50

The S&P 500 tracks 500 large-cap US companies and is the most widely followed equity benchmark globally. It reacts to Fed policy, earnings seasons, and macro data.

The Nasdaq 100 includes the largest non-financial companies listed on Nasdaq. It is heavily weighted toward tech and growth stocks, making it more volatile than the S&P 500.

The Dow Jones Industrial Average tracks 30 blue-chip US companies. As a price-weighted index, it can be moved significantly by individual high-priced components.

The FTSE 100 represents the largest companies on the London Stock Exchange. Its heavy weighting in energy, mining, and financials gives it a different character from US indices.

Japan's Nikkei 225 is the primary Asian equity benchmark. It is sensitive to JPY movements, BOJ policy, and sentiment in Asian markets.

The Euro Stoxx 50 includes 50 major Eurozone companies across 8 countries. It reflects overall European economic health and ECB policy expectations.

France's CAC 40 tracks the 40 largest companies on Euronext Paris. It includes global luxury and industrial names with exposure to emerging market growth.

Australia's ASX 200 tracks the top 200 companies on the Australian Securities Exchange. It is driven by mining, banking, and commodity prices.