0496.HK vs. ^IXIC

Last updated Jun 5, 2026

0496.HK (KASEN) is a stock, while ^IXIC (NASDAQ Composite) is an index. Over the past 10 years, 0496.HK returned -12.27%/yr vs 18.47%/yr for ^IXIC. At a 0.03 correlation, their price movements are largely independent.

Performance

0496.HK vs. ^IXIC - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in KASEN (0496.HK) and NASDAQ Composite (^IXIC). The values are adjusted to include any dividend payments, if applicable.

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 -32.53% return, which is significantly lower than ^IXIC's 16.20% return. Over the past 10 years, 0496.HK has underperformed ^IXIC with an annualized return of -12.27%, while ^IXIC has yielded a comparatively higher 18.47% annualized return.

0496.HK

• 1D: 0.00%
• 1M: -8.20%
• YTD: -32.53%
• 6M: -36.36%
• 1Y: -15.15%
• 3Y*: -2.81%
• 5Y*: -24.35%
• 10Y*: -12.27%

^IXIC

• 1D: -0.12%
• 1M: 3.82%
• YTD: 16.20%
• 6M: 14.53%
• 1Y: 38.82%
• 3Y*: 26.56%
• 5Y*: 14.43%
• 10Y*: 18.47%

*Multi-year figures are annualized to reflect compound growth (CAGR)

0496.HK vs. ^IXIC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0496.HK KASEN	-32.53%	20.29%	16.95%	-32.95%	-42.86%	5.48%	-80.00%	5.19%	178.41%	-2.96%
^IXIC NASDAQ Composite	16.20%	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 0.02, 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	0.02
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 Jul 9, 2007	0.03

Return for Risk

0496.HK vs. ^IXIC — Risk / Return Rank

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

0496.HK

0496.HK Risk / Return Rank: 29
0496.HK Sharpe Ratio Rank: 29
0496.HK Sortino Ratio Rank: 29
0496.HK Omega Ratio Rank: 29
0496.HK Calmar Ratio Rank: 30
0496.HK Martin Ratio Rank: 29

^IXIC

^IXIC Risk / Return Rank: 75
^IXIC Sharpe Ratio Rank: 80
^IXIC Sortino Ratio Rank: 77
^IXIC Omega Ratio Rank: 75
^IXIC Calmar Ratio Rank: 70
^IXIC Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

	0496.HK	^IXIC	Difference
Sharpe ratio: Return per unit of total volatility	-0.29	2.33	-2.62
Sortino ratio: Return per unit of downside risk	-0.08	3.08	-3.16
Omega ratio: Gain probability vs. loss probability	0.99	1.40	-0.41
Calmar ratio: Return relative to maximum drawdown	-0.34	3.03	-3.37
Martin ratio: Return relative to average drawdown	-0.67	12.04	-12.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0496.HK vs. ^IXIC - Sharpe Ratio Comparison

The current 0496.HK Sharpe Ratio is -0.29, which is lower than the ^IXIC Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of 0496.HK and ^IXIC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	0496.HK	^IXIC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.29	2.33	-2.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.40	0.65	-1.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.18	0.84	-1.02
Sharpe Ratio (All Time) Calculated using the full available price history	-0.15	0.58	-0.73

Drawdowns

0496.HK vs. ^IXIC - Drawdown Comparison

The maximum 0496.HK drawdown since its inception was -97.21%, 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.

Drawdown Indicators

	0496.HK	^IXIC	Difference
Max Drawdown Largest peak-to-trough decline	-97.21%	-55.60%	-41.61%
Max Drawdown (1Y) Largest decline over 1 year	-45.10%	-12.48%	-32.62%
Max Drawdown (3Y) Largest decline over 3 years	-45.10%	-24.35%	-20.75%
Max Drawdown (5Y) Largest decline over 5 years	-79.91%	-36.36%	-43.55%
Max Drawdown (10Y) Largest decline over 10 years	-97.21%	-36.36%	-60.85%
Current Drawdown Current decline from peak	-96.62%	-1.01%	-95.61%
Average Drawdown Average peak-to-trough decline	-65.41%	-8.97%	-56.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.84%	3.14%	+19.70%

Volatility

0496.HK vs. ^IXIC - Volatility Comparison

KASEN (0496.HK) has a higher volatility of 13.65% compared to NASDAQ Composite (^IXIC) at 4.23%. 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.

Volatility by Period

	0496.HK	^IXIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.65%	4.23%	+9.42%
Volatility (6M) Calculated over the trailing 6-month period	30.68%	12.12%	+18.56%
Volatility (1Y) Calculated over the trailing 1-year period	53.80%	16.24%	+37.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.30%	22.40%	+39.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.93%	21.97%	+47.96%

Frequently Asked Questions

Can I hold both 0496.HK and ^IXIC in my portfolio?

0496.HK and ^IXIC have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.