0012.HK vs. ESS

Last updated Jun 4, 2026

0012.HK (Henderson Land) and ESS (Essex Property Trust, Inc.) are both stocks. Both are in the Real Estate sector — 0012.HK in Real Estate - Diversified, ESS in REIT - Residential. Over the past 10 years, 0012.HK returned 4.46%/yr vs 6.23%/yr for ESS. At a 0.06 correlation, their price movements are largely independent.

Performance

0012.HK vs. ESS - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Henderson Land (0012.HK) and Essex Property Trust, Inc. (ESS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0012.HK is traded in HKD, while ESS is traded in USD. To make them comparable, the ESS values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 0012.HK achieves a 5.97% return, which is significantly lower than ESS's 9.09% return. Over the past 10 years, 0012.HK has underperformed ESS with an annualized return of 4.46%, while ESS has yielded a comparatively higher 6.23% annualized return.

0012.HK

• 1D: -2.55%
• 1M: -7.68%
• YTD: 5.97%
• 6M: 2.26%
• 1Y: 29.09%
• 3Y*: 14.99%
• 5Y*: 1.51%
• 10Y*: 4.46%

ESS

• 1D: 0.06%
• 1M: 4.99%
• YTD: 9.09%
• 6M: 9.88%
• 1Y: 2.76%
• 3Y*: 10.86%
• 5Y*: 1.92%
• 10Y*: 6.23%

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

0012.HK vs. ESS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0012.HK Henderson Land	5.97%	28.27%	5.75%	-4.71%	-12.83%	15.35%	-16.23%	12.70%	-13.45%	42.06%
ESS Essex Property Trust, Inc.	9.09%	-4.80%	17.75%	21.96%	-37.65%	53.23%	-18.46%	25.26%	5.06%	7.64%

Correlation

The correlation between 0012.HK and ESS is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (10Y) Calculated over the trailing 10-year period	0.04
Correlation (All Time) Calculated using the full available price history since Jul 6, 2007	0.06

The correlation between 0012.HK and ESS shifts across timeframes, from -0.10 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.

Return for Risk

0012.HK vs. ESS — Risk / Return Rank

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

0012.HK

0012.HK Risk / Return Rank: 70
0012.HK Sharpe Ratio Rank: 74
0012.HK Sortino Ratio Rank: 68
0012.HK Omega Ratio Rank: 67
0012.HK Calmar Ratio Rank: 71
0012.HK Martin Ratio Rank: 72

ESS

ESS Risk / Return Rank: 42
ESS Sharpe Ratio Rank: 46
ESS Sortino Ratio Rank: 38
ESS Omega Ratio Rank: 38
ESS Calmar Ratio Rank: 44
ESS Martin Ratio Rank: 43

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.

0012.HK vs. ESS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Henderson Land (0012.HK) and Essex Property Trust, Inc. (ESS). 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.

	0012.HK	ESS	Difference
Sharpe ratio: Return per unit of total volatility	1.09	0.13	+0.96
Sortino ratio: Return per unit of downside risk	1.64	0.31	+1.33
Omega ratio: Gain probability vs. loss probability	1.21	1.04	+0.17
Calmar ratio: Return relative to maximum drawdown	1.61	0.17	+1.45
Martin ratio: Return relative to average drawdown	4.21	0.27	+3.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0012.HK vs. ESS - Sharpe Ratio Comparison

The current 0012.HK Sharpe Ratio is 1.09, which is higher than the ESS Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of 0012.HK and ESS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	0012.HK	ESS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.09	0.13	+0.96
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	0.08	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.19	0.24	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.26	-0.10

Drawdowns

0012.HK vs. ESS - Drawdown Comparison

The maximum 0012.HK drawdown since its inception was -70.71%, which is greater than ESS's maximum drawdown of -59.85%. Use the drawdown chart below to compare losses from any high point for 0012.HK and ESS.

Drawdown Indicators

	0012.HK	ESS	Difference
Max Drawdown Largest peak-to-trough decline	-70.71%	-59.85%	-10.86%
Max Drawdown (1Y) Largest decline over 1 year	-18.51%	-16.68%	-1.83%
Max Drawdown (3Y) Largest decline over 3 years	-26.91%	-20.21%	-6.70%
Max Drawdown (5Y) Largest decline over 5 years	-46.30%	-43.83%	-2.47%
Max Drawdown (10Y) Largest decline over 10 years	-48.65%	-45.46%	-3.19%
Current Drawdown Current decline from peak	-15.86%	-9.97%	-5.89%
Average Drawdown Average peak-to-trough decline	-23.41%	-13.27%	-10.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.02%	10.26%	-3.24%

Volatility

0012.HK vs. ESS - Volatility Comparison

Henderson Land (0012.HK) has a higher volatility of 7.92% compared to Essex Property Trust, Inc. (ESS) at 4.49%. This indicates that 0012.HK's price experiences larger fluctuations and is considered to be riskier than ESS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0012.HK	ESS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.92%	4.49%	+3.43%
Volatility (6M) Calculated over the trailing 6-month period	19.53%	14.08%	+5.45%
Volatility (1Y) Calculated over the trailing 1-year period	27.53%	20.77%	+6.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.62%	23.71%	+3.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.63%	25.80%	-1.17%

Dividends

0012.HK vs. ESS - Dividend Comparison

0012.HK's dividend yield for the trailing twelve months is around 6.04%, more than ESS's 3.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0012.HK Henderson Land	6.04%	6.40%	7.63%	7.48%	6.61%	5.42%	5.95%	5.05%	4.75%	3.35%	3.87%	2.56%
ESS Essex Property Trust, Inc.	3.71%	3.88%	2.57%	3.73%	4.15%	2.37%	3.50%	2.59%	3.03%	2.90%	2.75%	2.41%

Financials

Frequently Asked Questions

Can I hold both 0012.HK and ESS in my portfolio?

0012.HK and ESS have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.