0590.HK vs. VIIIX

Last updated Jun 5, 2026

0590.HK (Luk Fook Holdings International Ltd) is a stock, while VIIIX (Vanguard Institutional Index Fund Institutional Plus Shares) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, 0590.HK returned 6.39%/yr vs 15.74%/yr for VIIIX. At a 0.07 correlation, their price movements are largely independent.

Performance

0590.HK vs. VIIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Luk Fook Holdings International Ltd (0590.HK) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0590.HK is traded in HKD, while VIIIX is traded in USD. To make them comparable, the VIIIX values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 0590.HK achieves a -11.15% return, which is significantly lower than VIIIX's 12.08% return. Over the past 10 years, 0590.HK has underperformed VIIIX with an annualized return of 6.39%, while VIIIX has yielded a comparatively higher 15.74% annualized return.

0590.HK

• 1D: 0.10%
• 1M: -7.28%
• YTD: -11.15%
• 6M: -19.76%
• 1Y: 13.54%
• 3Y*: 5.36%
• 5Y*: 4.97%
• 10Y*: 6.39%

VIIIX

• 1D: 0.39%
• 1M: 3.09%
• YTD: 12.08%
• 6M: 11.74%
• 1Y: 29.04%
• 3Y*: 23.10%
• 5Y*: 14.37%
• 10Y*: 15.74%

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

0590.HK vs. VIIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0590.HK Luk Fook Holdings International Ltd	-11.15%	71.10%	-22.90%	-3.86%	16.74%	17.60%	-13.27%	6.06%	-30.37%	69.90%
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares	12.08%	18.09%	25.64%	25.77%	-18.00%	29.39%	17.88%	30.78%	-4.20%	22.75%

Correlation

The correlation between 0590.HK and VIIIX 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	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (10Y) Calculated over the trailing 10-year period	0.07
Correlation (All Time) Calculated using the full available price history since Jul 9, 2007	0.07

Return for Risk

0590.HK vs. VIIIX — Risk / Return Rank

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

0590.HK

0590.HK Risk / Return Rank: 52
0590.HK Sharpe Ratio Rank: 57
0590.HK Sortino Ratio Rank: 51
0590.HK Omega Ratio Rank: 50
0590.HK Calmar Ratio Rank: 51
0590.HK Martin Ratio Rank: 52

VIIIX

VIIIX Risk / Return Rank: 73
VIIIX Sharpe Ratio Rank: 73
VIIIX Sortino Ratio Rank: 66
VIIIX Omega Ratio Rank: 67
VIIIX Calmar Ratio Rank: 74
VIIIX Martin Ratio Rank: 84

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.

0590.HK vs. VIIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Luk Fook Holdings International Ltd (0590.HK) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX). 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.

	0590.HK	VIIIX	Difference
Sharpe ratio: Return per unit of total volatility	0.45	2.40	-1.95
Sortino ratio: Return per unit of downside risk	0.87	3.28	-2.42
Omega ratio: Gain probability vs. loss probability	1.11	1.43	-0.33
Calmar ratio: Return relative to maximum drawdown	0.44	3.32	-2.88
Martin ratio: Return relative to average drawdown	0.99	15.59	-14.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0590.HK vs. VIIIX - Sharpe Ratio Comparison

The current 0590.HK Sharpe Ratio is 0.45, which is lower than the VIIIX Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of 0590.HK and VIIIX, 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

	0590.HK	VIIIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.45	2.40	-1.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	0.86	-0.71
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.19	0.88	-0.69
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.55	-0.12

Drawdowns

0590.HK vs. VIIIX - Drawdown Comparison

The maximum 0590.HK drawdown since its inception was -80.57%, which is greater than VIIIX's maximum drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for 0590.HK and VIIIX.

Drawdown Indicators

	0590.HK	VIIIX	Difference
Max Drawdown Largest peak-to-trough decline	-80.57%	-55.20%	-25.37%
Max Drawdown (1Y) Largest decline over 1 year	-37.69%	-8.59%	-29.10%
Max Drawdown (3Y) Largest decline over 3 years	-37.69%	-18.82%	-18.87%
Max Drawdown (5Y) Largest decline over 5 years	-43.96%	-23.99%	-19.97%
Max Drawdown (10Y) Largest decline over 10 years	-61.57%	-33.93%	-27.64%
Current Drawdown Current decline from peak	-37.63%	-0.35%	-37.28%
Average Drawdown Average peak-to-trough decline	-31.90%	-7.69%	-24.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.47%	1.82%	+14.65%

Volatility

0590.HK vs. VIIIX - Volatility Comparison

Luk Fook Holdings International Ltd (0590.HK) has a higher volatility of 8.18% compared to Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) at 2.88%. This indicates that 0590.HK's price experiences larger fluctuations and is considered to be riskier than VIIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0590.HK	VIIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.18%	2.88%	+5.30%
Volatility (6M) Calculated over the trailing 6-month period	26.46%	8.99%	+17.47%
Volatility (1Y) Calculated over the trailing 1-year period	36.42%	11.87%	+24.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.74%	16.88%	+17.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.78%	18.03%	+16.75%

Dividends

0590.HK vs. VIIIX - Dividend Comparison

0590.HK's dividend yield for the trailing twelve months is around 5.27%, more than VIIIX's 2.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0590.HK Luk Fook Holdings International Ltd	5.27%	4.68%	12.76%	6.06%	4.74%	5.00%	3.88%	4.90%	4.92%	2.24%	3.11%	5.26%
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares	2.42%	2.11%	3.66%	2.66%	3.39%	4.79%	3.07%	2.86%	2.45%	1.84%	2.38%	2.47%

Frequently Asked Questions

Can I hold both 0590.HK and VIIIX in my portfolio?

0590.HK and VIIIX 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.