0496.HK vs. ^IXIC
0496.HK (KASEN) is a stock, while ^IXIC (NASDAQ Composite) is an index. Over the past 10 years, 0496.HK returned -19.61%/yr vs 17.59%/yr for ^IXIC. At a 0.03 correlation, their price movements are largely independent.
Performance
0496.HK vs. ^IXIC - Performance Comparison
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Different Trading Currencies
0496.HK is traded in HKD, while ^IXIC is traded in USD. To make them comparable, the ^IXIC values have been converted to HKD using the latest available exchange rates.
Returns By Period
In the year-to-date period, 0496.HK achieves a -59.52% return, which is significantly lower than ^IXIC's 10.56% return. Over the past 10 years, 0496.HK has underperformed ^IXIC with an annualized return of -19.61%, while ^IXIC has yielded a comparatively higher 17.59% annualized return.
0496.HK
- 1D
- -10.64%
- 1M
- -29.41%
- 6M
- -60.47%
- YTD
- -59.52%
- 1Y
- -56.92%
- 3Y*
- -17.11%
- 5Y*
- -27.17%
- 10Y*
- -19.61%
- ALL TIME*
- -11.10%
^IXIC
- 1D
- 0.00%
- 1M
- -3.76%
- 6M
- 11.73%
- YTD
- 10.56%
- 1Y
- 21.48%
- 3Y*
- 22.16%
- 5Y*
- 11.88%
- 10Y*
- 17.59%
- ALL TIME*
- 13.07%
0496.HK vs. ^IXIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
0496.HK KASEN | -59.52% | 20.29% | 16.95% | -32.95% | -42.86% | 5.48% | -80.00% | 5.19% | 189.72% | -2.96% |
^IXIC NASDAQ Composite | 11.99% | 20.59% | 27.98% | 43.41% | -32.99% | 22.05% | 42.99% | 34.51% | -3.67% | 29.23% |
Correlation
The correlation between 0496.HK and ^IXIC is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 2007 | 0.03 |
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Return for Risk
0496.HK vs. ^IXIC — Risk / Return Rank
0496.HK
^IXIC
0496.HK vs. ^IXIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KASEN (0496.HK) and NASDAQ Composite (^IXIC). 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.
| 0496.HK | ^IXIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.27 | ||
| Sortino ratioReturn per unit of downside risk | -3.51 | ||
| Omega ratioGain probability vs. loss probability | 0.76 | 1.21 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | 1.73 | -2.58 |
| Martin ratioReturn relative to average drawdown | -1.87 | 6.11 | -7.98 |
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Drawdowns
0496.HK vs. ^IXIC - Drawdown Comparison
The maximum 0496.HK drawdown since its inception was -97.97%, which is greater than ^IXIC's maximum drawdown of -55.60%. Use the drawdown chart below to compare losses from any high point for 0496.HK and ^IXIC.
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Drawdown Indicators
| 0496.HK | ^IXIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.97% | -55.60% | -42.37% |
Max Drawdown (1Y)Largest decline over 1 year | -67.06% | -12.48% | -54.58% |
Max Drawdown (3Y)Largest decline over 3 years | -67.06% | -24.35% | -42.71% |
Max Drawdown (5Y)Largest decline over 5 years | -80.47% | -36.36% | -44.11% |
Max Drawdown (10Y)Largest decline over 10 years | -97.97% | -36.36% | -61.61% |
Current DrawdownCurrent decline from peak | -97.97% | -5.81% | -92.16% |
Average DrawdownAverage peak-to-trough decline | -65.82% | -8.96% | -56.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.29% | 3.52% | +26.77% |
Volatility
0496.HK vs. ^IXIC - Volatility Comparison
KASEN (0496.HK) has a higher volatility of 25.68% compared to NASDAQ Composite (^IXIC) at 5.25%. This indicates that 0496.HK's price experiences larger fluctuations and is considered to be riskier than ^IXIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 0496.HK | ^IXIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.68% | 5.25% | +20.43% |
Volatility (6M)Calculated over the trailing 6-month period | 38.61% | 14.38% | +24.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.48% | 17.93% | +35.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.27% | 22.67% | +40.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.41% | 22.04% | +48.37% |
Frequently Asked Questions
0496.HK and ^IXIC have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for 0496.HK and ^IXIC
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