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0388.HK vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between 0388.HK and VOO is 0.40, 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. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hong Kong Exchange and Clearing Ltd (0388.HK) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

0388.HK:

0.95

VOO:

0.52

Sortino Ratio

0388.HK:

2.02

VOO:

0.89

Omega Ratio

0388.HK:

1.28

VOO:

1.13

Calmar Ratio

0388.HK:

1.04

VOO:

0.57

Martin Ratio

0388.HK:

3.25

VOO:

2.18

Ulcer Index

0388.HK:

18.17%

VOO:

4.85%

Daily Std Dev

0388.HK:

43.19%

VOO:

19.11%

Max Drawdown

0388.HK:

-79.33%

VOO:

-33.99%

Current Drawdown

0388.HK:

-23.65%

VOO:

-7.67%

Returns By Period

In the year-to-date period, 0388.HK achieves a 32.27% return, which is significantly higher than VOO's -3.41% return. Over the past 10 years, 0388.HK has underperformed VOO with an annualized return of 6.28%, while VOO has yielded a comparatively higher 12.31% annualized return.


0388.HK

YTD

32.27%

1M

23.24%

6M

15.05%

1Y

39.18%

5Y*

12.01%

10Y*

6.28%

VOO

YTD

-3.41%

1M

5.73%

6M

-5.06%

1Y

9.79%

5Y*

16.35%

10Y*

12.31%

*Annualized

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Risk-Adjusted Performance

0388.HK vs. VOO — Risk-Adjusted Performance Rank

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

0388.HK
The Risk-Adjusted Performance Rank of 0388.HK is 8383
Overall Rank
The Sharpe Ratio Rank of 0388.HK is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of 0388.HK is 8787
Sortino Ratio Rank
The Omega Ratio Rank of 0388.HK is 8686
Omega Ratio Rank
The Calmar Ratio Rank of 0388.HK is 8282
Calmar Ratio Rank
The Martin Ratio Rank of 0388.HK is 7979
Martin Ratio Rank

VOO
The Risk-Adjusted Performance Rank of VOO is 6969
Overall Rank
The Sharpe Ratio Rank of VOO is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 6868
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 7171
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 7474
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 7070
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

0388.HK vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Hong Kong Exchange and Clearing Ltd (0388.HK) and Vanguard S&P 500 ETF (VOO). 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.


The current 0388.HK Sharpe Ratio is 0.95, which is higher than the VOO Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of 0388.HK and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

0388.HK vs. VOO - Dividend Comparison

0388.HK's dividend yield for the trailing twelve months is around 2.41%, more than VOO's 1.34% yield.


TTM20242023202220212020201920182017201620152014
0388.HK
Hong Kong Exchange and Clearing Ltd
2.41%2.80%3.06%2.26%2.01%1.56%2.68%2.86%1.91%2.77%2.63%2.07%
VOO
Vanguard S&P 500 ETF
1.34%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%

Drawdowns

0388.HK vs. VOO - Drawdown Comparison

The maximum 0388.HK drawdown since its inception was -79.33%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for 0388.HK and VOO. For additional features, visit the drawdowns tool.


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Volatility

0388.HK vs. VOO - Volatility Comparison

Hong Kong Exchange and Clearing Ltd (0388.HK) has a higher volatility of 8.25% compared to Vanguard S&P 500 ETF (VOO) at 6.83%. This indicates that 0388.HK's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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