0496.HK vs. ^IXIC
Compare and contrast key facts about KASEN (0496.HK) and NASDAQ Composite (^IXIC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 0496.HK or ^IXIC.
Correlation
The correlation between 0496.HK and ^IXIC 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
0496.HK vs. ^IXIC - Performance Comparison
Key characteristics
0496.HK:
0.56
^IXIC:
0.41
0496.HK:
1.33
^IXIC:
0.66
0496.HK:
1.17
^IXIC:
1.09
0496.HK:
0.45
^IXIC:
0.56
0496.HK:
2.91
^IXIC:
1.84
0496.HK:
14.98%
^IXIC:
4.35%
0496.HK:
76.95%
^IXIC:
19.39%
0496.HK:
-97.21%
^IXIC:
-77.93%
0496.HK:
-95.23%
^IXIC:
-14.23%
Returns By Period
In the year-to-date period, 0496.HK achieves a 12.86% return, which is significantly higher than ^IXIC's -10.40% return. Over the past 10 years, 0496.HK has underperformed ^IXIC with an annualized return of -9.10%, while ^IXIC has yielded a comparatively higher 13.41% annualized return.
0496.HK
12.86%
-4.82%
49.06%
36.21%
-24.24%
-9.10%
^IXIC
-10.40%
-11.92%
-1.52%
6.96%
17.11%
13.41%
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Risk-Adjusted Performance
0496.HK vs. ^IXIC — Risk-Adjusted Performance Rank
0496.HK
^IXIC
0496.HK vs. ^IXIC - Risk-Adjusted Performance 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.
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 -77.93%. Use the drawdown chart below to compare losses from any high point for 0496.HK and ^IXIC. For additional features, visit the drawdowns tool.
Volatility
0496.HK vs. ^IXIC - Volatility Comparison
KASEN (0496.HK) has a higher volatility of 21.28% compared to NASDAQ Composite (^IXIC) at 7.44%. 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.