0388.HK vs. ^N225
Compare and contrast key facts about Hong Kong Exchange and Clearing Ltd (0388.HK) and Nikkei 225 (^N225).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 0388.HK or ^N225.
Key characteristics
| 0388.HK | ^N225 | |
|---|---|---|
| YTD Return | -13.50% | 9.32% |
| 1Y Return | -22.77% | 10.29% |
| 3Y Return (Ann) | -22.07% | 6.16% |
| 5Y Return (Ann) | 1.08% | 11.00% |
| 10Y Return (Ann) | 5.32% | 8.83% |
| Sharpe Ratio | -0.87 | 0.42 |
| Daily Std Dev | 29.84% | 25.71% |
| Max Drawdown | -79.34% | -81.87% |
| Current Drawdown | -56.20% | -13.36% |
Correlation
The correlation between 0388.HK and ^N225 is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
0388.HK vs. ^N225 - Performance Comparison
In the year-to-date period, 0388.HK achieves a -13.50% return, which is significantly lower than ^N225's 9.32% return. Over the past 10 years, 0388.HK has underperformed ^N225 with an annualized return of 5.32%, while ^N225 has yielded a comparatively higher 8.83% 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
0388.HK vs. ^N225 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hong Kong Exchange and Clearing Ltd (0388.HK) and Nikkei 225 (^N225). 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.
Drawdowns
0388.HK vs. ^N225 - Drawdown Comparison
The maximum 0388.HK drawdown since its inception was -79.34%, roughly equal to the maximum ^N225 drawdown of -81.87%. Use the drawdown chart below to compare losses from any high point for 0388.HK and ^N225. For additional features, visit the drawdowns tool.
Volatility
0388.HK vs. ^N225 - Volatility Comparison
The current volatility for Hong Kong Exchange and Clearing Ltd (0388.HK) is 5.48%, while Nikkei 225 (^N225) has a volatility of 9.50%. This indicates that 0388.HK experiences smaller price fluctuations and is considered to be less risky than ^N225 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.