0011.HK vs. 2388.HK

Last updated Jun 5, 2026

0011.HK (Hang Seng Bank) and 2388.HK (BOC Hong Kong Holdings Ltd) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. A 0.55 correlation means they provide meaningful diversification when combined.

Performance

0011.HK vs. 2388.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Hang Seng Bank (0011.HK) and BOC Hong Kong Holdings Ltd (2388.HK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

0011.HK

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

2388.HK

• 1D: -0.80%
• 1M: 4.79%
• YTD: 20.95%
• 6M: 27.69%
• 1Y: 49.68%
• 3Y*: 34.37%
• 5Y*: 16.99%
• 10Y*: 12.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

0011.HK vs. 2388.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0011.HK Hang Seng Bank	0.52%	70.76%	12.80%	-26.47%	-6.34%	11.12%	-13.01%	-4.46%	-6.13%	39.64%
2388.HK BOC Hong Kong Holdings Ltd	20.95%	68.39%	26.65%	-15.14%	8.28%	13.84%	-7.64%	-2.46%	-23.89%	45.39%

Correlation

The correlation between 0011.HK and 2388.HK is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (10Y) Calculated over the trailing 10-year period	0.61
Correlation (All Time) Calculated using the full available price history since Jul 26, 2002	0.55

Over the past year, the correlation between 0011.HK and 2388.HK has dropped to 0.33 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.

Return for Risk

0011.HK vs. 2388.HK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

2388.HK

2388.HK Risk / Return Rank: 90
2388.HK Sharpe Ratio Rank: 90
2388.HK Sortino Ratio Rank: 90
2388.HK Omega Ratio Rank: 87
2388.HK Calmar Ratio Rank: 91
2388.HK Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

0011.HK vs. 2388.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hang Seng Bank (0011.HK) and BOC Hong Kong Holdings Ltd (2388.HK). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	0011.HK	2388.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.25	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.78	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.49	—

Drawdowns

Drawdown Indicators

	0011.HK	2388.HK	Difference
Max Drawdown Largest peak-to-trough decline	—	-71.91%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-10.38%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.36%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-38.53%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-47.09%	—
Current Drawdown Current decline from peak	—	-1.86%	—
Average Drawdown Average peak-to-trough decline	—	-15.68%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.61%	—

Volatility

Volatility by Period

	0011.HK	2388.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.70%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.09%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	22.35%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	22.43%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	22.24%	—

Dividends

0011.HK vs. 2388.HK - Dividend Comparison

0011.HK's dividend yield for the trailing twelve months is around 1.69%, less than 2388.HK's 4.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0011.HK Hang Seng Bank	1.69%	4.63%	7.12%	5.82%	3.00%	4.27%	5.01%	4.84%	3.98%	3.30%	4.37%	3.80%
2388.HK BOC Hong Kong Holdings Ltd	4.83%	5.81%	6.87%	6.78%	4.25%	4.86%	6.12%	5.43%	4.48%	1.82%	4.41%	4.73%

Financials

Frequently Asked Questions

Can I hold both 0011.HK and 2388.HK in my portfolio?

0011.HK and 2388.HK have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.