0014.HK vs. GNG.AX

Last updated Jun 5, 2026

0014.HK (Hysan Development Co Ltd) and GNG.AX (GR Engineering Services Limited) are both stocks. 0014.HK operates in Real Estate - Services (Real Estate), while GNG.AX operates in Engineering & Construction (Industrials). Over the past 10 years, 0014.HK returned -0.88%/yr vs 28.24%/yr for GNG.AX. At a 0.05 correlation, their price movements are largely independent.

Performance

0014.HK vs. GNG.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Hysan Development Co Ltd (0014.HK) and GR Engineering Services Limited (GNG.AX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0014.HK is traded in HKD, while GNG.AX is traded in AUD. To make them comparable, the GNG.AX values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 0014.HK achieves a -0.87% return, which is significantly lower than GNG.AX's 46.24% return. Over the past 10 years, 0014.HK has underperformed GNG.AX with an annualized return of -0.88%, while GNG.AX has yielded a comparatively higher 28.24% annualized return.

0014.HK

• 1D: -0.17%
• 1M: -9.24%
• YTD: -0.87%
• 6M: 5.32%
• 1Y: 44.32%
• 3Y*: 3.59%
• 5Y*: -3.97%
• 10Y*: -0.88%

GNG.AX

• 1D: -2.34%
• 1M: 26.36%
• YTD: 46.24%
• 6M: 56.46%
• 1Y: 143.67%
• 3Y*: 59.49%
• 5Y*: 42.16%
• 10Y*: 28.24%

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

0014.HK vs. GNG.AX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0014.HK Hysan Development Co Ltd	-0.87%	73.02%	-16.52%	-34.71%	12.02%	-11.40%	-1.81%	-14.95%	-7.18%	34.31%
GNG.AX GR Engineering Services Limited	46.24%	106.78%	10.34%	18.33%	-0.74%	75.91%	76.95%	-21.36%	-27.57%	19.88%

Correlation

The correlation between 0014.HK and GNG.AX is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (10Y) Calculated over the trailing 10-year period	0.05
Correlation (All Time) Calculated using the full available price history since Apr 20, 2011	0.05

Return for Risk

0014.HK vs. GNG.AX — Risk / Return Rank

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

0014.HK

0014.HK Risk / Return Rank: 81
0014.HK Sharpe Ratio Rank: 85
0014.HK Sortino Ratio Rank: 82
0014.HK Omega Ratio Rank: 80
0014.HK Calmar Ratio Rank: 77
0014.HK Martin Ratio Rank: 79

GNG.AX

GNG.AX Risk / Return Rank: 90
GNG.AX Sharpe Ratio Rank: 93
GNG.AX Sortino Ratio Rank: 89
GNG.AX Omega Ratio Rank: 89
GNG.AX Calmar Ratio Rank: 91
GNG.AX Martin Ratio Rank: 90

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.

0014.HK vs. GNG.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hysan Development Co Ltd (0014.HK) and GR Engineering Services Limited (GNG.AX). 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.

	0014.HK	GNG.AX	Difference
Sharpe ratio: Return per unit of total volatility	1.74	3.13	-1.40
Sortino ratio: Return per unit of downside risk	2.45	3.33	-0.88
Omega ratio: Gain probability vs. loss probability	1.30	1.46	-0.16
Calmar ratio: Return relative to maximum drawdown	2.25	5.20	-2.95
Martin ratio: Return relative to average drawdown	6.00	14.53	-8.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0014.HK vs. GNG.AX - Sharpe Ratio Comparison

The current 0014.HK Sharpe Ratio is 1.74, which is lower than the GNG.AX Sharpe Ratio of 3.13. The chart below compares the historical Sharpe Ratios of 0014.HK and GNG.AX, 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

	0014.HK	GNG.AX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.74	3.13	-1.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.16	1.13	-1.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.04	0.67	-0.71
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.28	-0.09

Drawdowns

0014.HK vs. GNG.AX - Drawdown Comparison

The maximum 0014.HK drawdown since its inception was -68.58%, smaller than the maximum GNG.AX drawdown of -82.85%. Use the drawdown chart below to compare losses from any high point for 0014.HK and GNG.AX.

Drawdown Indicators

	0014.HK	GNG.AX	Difference
Max Drawdown Largest peak-to-trough decline	-68.58%	-82.85%	+14.27%
Max Drawdown (1Y) Largest decline over 1 year	-20.32%	-27.31%	+6.99%
Max Drawdown (3Y) Largest decline over 3 years	-44.22%	-27.31%	-16.91%
Max Drawdown (5Y) Largest decline over 5 years	-60.12%	-28.13%	-31.99%
Max Drawdown (10Y) Largest decline over 10 years	-68.58%	-70.71%	+2.13%
Current Drawdown Current decline from peak	-37.84%	-3.71%	-34.13%
Average Drawdown Average peak-to-trough decline	-23.29%	-34.88%	+11.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.51%	9.81%	-2.30%

Volatility

0014.HK vs. GNG.AX - Volatility Comparison

The current volatility for Hysan Development Co Ltd (0014.HK) is 7.08%, while GR Engineering Services Limited (GNG.AX) has a volatility of 11.99%. This indicates that 0014.HK experiences smaller price fluctuations and is considered to be less risky than GNG.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0014.HK	GNG.AX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.08%	11.99%	-4.91%
Volatility (6M) Calculated over the trailing 6-month period	21.03%	35.24%	-14.21%
Volatility (1Y) Calculated over the trailing 1-year period	26.32%	45.32%	-19.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.54%	37.15%	-11.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.29%	41.86%	-16.57%

Dividends

0014.HK vs. GNG.AX - Dividend Comparison

0014.HK's dividend yield for the trailing twelve months is around 6.01%, more than GNG.AX's 4.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0014.HK Hysan Development Co Ltd	6.01%	5.71%	9.12%	9.29%	5.69%	5.98%	5.06%	4.71%	3.70%	3.26%	4.15%	3.94%
GNG.AX GR Engineering Services Limited	4.05%	4.94%	7.69%	8.56%	9.31%	5.71%	4.92%	7.50%	10.28%	3.47%	7.38%	12.18%

Financials

Frequently Asked Questions

Can I hold both 0014.HK and GNG.AX in my portfolio?

0014.HK and GNG.AX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.