0189.HK vs. ^HSI

Last updated Jun 30, 2026

0189.HK (Dongyue Group Ltd) is a stock, while ^HSI (Hang Seng Index) is an index. Over the past 10 years, 0189.HK returned 35.62%/yr vs 1.02%/yr for ^HSI. At a 0.41 correlation, their price movements are largely independent.

Performance

0189.HK vs. ^HSI - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Dongyue Group Ltd (0189.HK) and Hang Seng Index (^HSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 0189.HK achieves a 82.80% return, which is significantly higher than ^HSI's -10.16% return. Over the past 10 years, 0189.HK has outperformed ^HSI with an annualized return of 35.62%, while ^HSI has yielded a comparatively lower 1.02% annualized return.

0189.HK

• 1D: -4.10%
• 1M: 21.05%
• YTD: 82.80%
• 6M: 89.64%
• 1Y: 94.29%
• 3Y*: 51.11%
• 5Y*: 28.35%
• 10Y*: 35.62%

^HSI

• 1D: 1.57%
• 1M: -8.56%
• YTD: -10.16%
• 6M: -10.18%
• 1Y: -5.18%
• 3Y*: 6.77%
• 5Y*: -4.39%
• 10Y*: 1.02%

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

0189.HK vs. ^HSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0189.HK Dongyue Group Ltd	82.80%	34.70%	45.33%	-28.56%	-27.16%	102.42%	52.25%	14.54%	-23.00%	315.77%
^HSI Hang Seng Index	-10.16%	27.77%	17.67%	-13.82%	-15.46%	-14.08%	-3.40%	9.07%	-13.61%	35.99%

Correlation

The correlation between 0189.HK and ^HSI is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since Dec 10, 2007	0.41

Return for Risk

0189.HK vs. ^HSI — Risk / Return Rank

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

0189.HK

0189.HK Risk / Return Rank: 85
0189.HK Sharpe Ratio Rank: 87
0189.HK Sortino Ratio Rank: 87
0189.HK Omega Ratio Rank: 83
0189.HK Calmar Ratio Rank: 88
0189.HK Martin Ratio Rank: 83

^HSI

^HSI Risk / Return Rank: 4
^HSI Sharpe Ratio Rank: 4
^HSI Sortino Ratio Rank: 4
^HSI Omega Ratio Rank: 4
^HSI Calmar Ratio Rank: 3
^HSI Martin Ratio Rank: 3

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.

0189.HK vs. ^HSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dongyue Group Ltd (0189.HK) and Hang Seng Index (^HSI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	0189.HK	^HSI	Difference
Sharpe ratio: Return per unit of total volatility	1.72	-0.29	+2.01
Sortino ratio: Return per unit of downside risk	2.66	-0.29	+2.94
Omega ratio: Gain probability vs. loss probability	1.30	0.97	+0.33
Calmar ratio: Return relative to maximum drawdown	3.49	-0.28	+3.77
Martin ratio: Return relative to average drawdown	6.83	-0.84	+7.67

0189.HK vs. ^HSI - Sharpe Ratio Comparison

The current 0189.HK Sharpe Ratio is 1.72, which is higher than the ^HSI Sharpe Ratio of -0.29. The chart below compares the historical Sharpe Ratios of 0189.HK and ^HSI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

0189.HK vs. ^HSI - Drawdown Comparison

The maximum 0189.HK drawdown since its inception was -86.74%, which is greater than ^HSI's maximum drawdown of -65.18%. Use the drawdown chart below to compare losses from any high point for 0189.HK and ^HSI.

Drawdown Indicators

	0189.HK	^HSI	Difference
Max Drawdown Largest peak-to-trough decline	-86.74%	-65.18%	-21.56%
Max Drawdown (1Y) Largest decline over 1 year	-28.09%	-18.94%	-9.15%
Max Drawdown (3Y) Largest decline over 3 years	-46.40%	-25.49%	-20.91%
Max Drawdown (5Y) Largest decline over 5 years	-78.55%	-49.05%	-29.50%
Max Drawdown (10Y) Largest decline over 10 years	-78.55%	-55.70%	-22.85%
Current Drawdown Current decline from peak	-16.44%	-30.55%	+14.11%
Average Drawdown Average peak-to-trough decline	-51.75%	-24.80%	-26.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.16%	6.22%	+7.94%

Volatility

0189.HK vs. ^HSI - Volatility Comparison

Dongyue Group Ltd (0189.HK) has a higher volatility of 25.01% compared to Hang Seng Index (^HSI) at 5.91%. This indicates that 0189.HK's price experiences larger fluctuations and is considered to be riskier than ^HSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0189.HK	^HSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.01%	5.91%	+19.10%
Volatility (6M) Calculated over the trailing 6-month period	45.96%	14.03%	+31.93%
Volatility (1Y) Calculated over the trailing 1-year period	57.07%	18.68%	+38.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.82%	25.37%	+36.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.25%	21.95%	+42.30%

Frequently Asked Questions

Can I hold both 0189.HK and ^HSI in my portfolio?

0189.HK and ^HSI have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.