0006.HK vs. ZROZ
Compare and contrast key facts about Power Assets (0006.HK) and PIMCO 25+ Year Zero Coupon US Treasury Index Fund (ZROZ).
ZROZ is a passively managed fund by PIMCO that tracks the performance of the BofA Merrill Lynch Long Treasury Principal STRIPS Index. It was launched on Oct 30, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 0006.HK or ZROZ.
Key characteristics
| 0006.HK | ZROZ | |
|---|---|---|
| YTD Return | 25.40% | 2.20% |
| 1Y Return | 48.16% | 12.34% |
| 3Y Return (Ann) | 10.89% | -15.62% |
| 5Y Return (Ann) | 6.28% | -6.48% |
| 10Y Return (Ann) | 4.33% | 0.90% |
| Sharpe Ratio | 2.34 | 0.43 |
| Daily Std Dev | 20.61% | 25.94% |
| Max Drawdown | -63.76% | -62.93% |
| Current Drawdown | -1.23% | -49.68% |
Correlation
The correlation between 0006.HK and ZROZ is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
0006.HK vs. ZROZ - Performance Comparison
In the year-to-date period, 0006.HK achieves a 25.40% return, which is significantly higher than ZROZ's 2.20% return. Over the past 10 years, 0006.HK has outperformed ZROZ with an annualized return of 4.33%, while ZROZ has yielded a comparatively lower 0.90% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
0006.HK vs. ZROZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Power Assets (0006.HK) and PIMCO 25+ Year Zero Coupon US Treasury Index Fund (ZROZ). 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.
Dividends
0006.HK vs. ZROZ - Dividend Comparison
0006.HK's dividend yield for the trailing twelve months is around 5.27%, more than ZROZ's 3.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
0006.HK Power Assets | 5.27% | 6.23% | 6.60% | 5.80% | 6.67% | 4.91% | 16.15% | 11.81% | 3.98% | 3.77% | 3.42% | 4.02% |
ZROZ PIMCO 25+ Year Zero Coupon US Treasury Index Fund | 3.55% | 3.52% | 2.76% | 1.60% | 1.68% | 2.22% | 2.91% | 2.53% | 3.00% | 2.98% | 2.00% | 4.28% |
Drawdowns
0006.HK vs. ZROZ - Drawdown Comparison
The maximum 0006.HK drawdown since its inception was -63.76%, roughly equal to the maximum ZROZ drawdown of -62.93%. Use the drawdown chart below to compare losses from any high point for 0006.HK and ZROZ. For additional features, visit the drawdowns tool.
Volatility
0006.HK vs. ZROZ - Volatility Comparison
Power Assets (0006.HK) has a higher volatility of 4.93% compared to PIMCO 25+ Year Zero Coupon US Treasury Index Fund (ZROZ) at 4.69%. This indicates that 0006.HK's price experiences larger fluctuations and is considered to be riskier than ZROZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.