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 0.03, 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:
1.12
^N225:
-0.07
0388.HK:
2.01
^N225:
0.16
0388.HK:
1.28
^N225:
1.03
0388.HK:
1.03
^N225:
-0.03
0388.HK:
3.23
^N225:
-0.08
0388.HK:
18.17%
^N225:
9.84%
0388.HK:
43.83%
^N225:
29.83%
0388.HK:
-79.33%
^N225:
-81.87%
0388.HK:
-27.18%
^N225:
-11.62%
Returns By Period
In the year-to-date period, 0388.HK achieves a 26.16% return, which is significantly higher than ^N225's -6.46% return. Over the past 10 years, 0388.HK has underperformed ^N225 with an annualized return of 5.25%, while ^N225 has yielded a comparatively higher 6.75% annualized return.
0388.HK
26.16%
22.97%
11.43%
47.05%
11.74%
5.25%
^N225
-6.46%
13.04%
-5.24%
-2.32%
13.40%
6.75%
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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 8.19%, while Nikkei 225 (^N225) has a volatility of 10.46%. 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.