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.
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
Key characteristics
0388.HK:
0.90
^N225:
0.28
0388.HK:
1.61
^N225:
0.54
0388.HK:
1.20
^N225:
1.08
0388.HK:
0.61
^N225:
0.28
0388.HK:
2.10
^N225:
0.96
0388.HK:
17.14%
^N225:
7.50%
0388.HK:
39.98%
^N225:
26.17%
0388.HK:
-79.33%
^N225:
-81.87%
0388.HK:
-41.02%
^N225:
-8.01%
Returns By Period
In the year-to-date period, 0388.HK achieves a 2.17% return, which is significantly higher than ^N225's -2.64% return. Both investments have delivered pretty close results over the past 10 years, with 0388.HK having a 8.36% annualized return and ^N225 not far behind at 8.35%.
0388.HK
2.17%
5.09%
36.92%
33.74%
5.23%
8.36%
^N225
-2.64%
-2.64%
23.47%
7.42%
11.02%
8.35%
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Risk-Adjusted Performance
0388.HK vs. ^N225 — Risk-Adjusted Performance Rank
0388.HK
^N225
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 -79.33%, 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 4.79%, while Nikkei 225 (^N225) has a volatility of 6.50%. 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.