0694.HK vs. XCB.TO

Last updated Jun 5, 2026

0694.HK (Beijing Capital International Airport Co Ltd) is a stock, while XCB.TO (iShares Core Canadian Corporate Bond Index ETF) is Corporate Bonds fund tracking the Morningstar Can Corp Bd GR CAD. Over the past 10 years, 0694.HK returned -13.36%/yr vs 2.04%/yr for XCB.TO. At a 0.04 correlation, their price movements are largely independent.

Performance

0694.HK vs. XCB.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Beijing Capital International Airport Co Ltd (0694.HK) and iShares Core Canadian Corporate Bond Index ETF (XCB.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0694.HK is traded in HKD, while XCB.TO is traded in CAD. To make them comparable, the XCB.TO values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 0694.HK achieves a -39.13% return, which is significantly lower than XCB.TO's 0.99% return. Over the past 10 years, 0694.HK has underperformed XCB.TO with an annualized return of -13.36%, while XCB.TO has yielded a comparatively higher 2.04% annualized return.

0694.HK

• 1D: -1.18%
• 1M: -12.95%
• YTD: -39.13%
• 6M: -40.00%
• 1Y: -41.26%
• 3Y*: -32.73%
• 5Y*: -21.03%
• 10Y*: -13.36%

XCB.TO

• 1D: -0.23%
• 1M: -0.59%
• YTD: 0.99%
• 6M: 2.71%
• 1Y: 2.04%
• 3Y*: 4.95%
• 5Y*: -0.35%
• 10Y*: 2.04%

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

0694.HK vs. XCB.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0694.HK Beijing Capital International Airport Co Ltd	-39.13%	-1.43%	22.27%	-59.89%	19.71%	-26.28%	-11.39%	-2.43%	-26.77%	53.04%
XCB.TO iShares Core Canadian Corporate Bond Index ETF	0.99%	9.66%	-2.22%	10.75%	-15.69%	-0.55%	10.03%	12.69%	-7.20%	10.69%

Correlation

The correlation between 0694.HK and XCB.TO is 0.00, 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	0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.02
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 May 8, 2009	0.04

Return for Risk

0694.HK vs. XCB.TO — Risk / Return Rank

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

0694.HK

0694.HK Risk / Return Rank: 3
0694.HK Sharpe Ratio Rank: 0
0694.HK Sortino Ratio Rank: 1
0694.HK Omega Ratio Rank: 2
0694.HK Calmar Ratio Rank: 7
0694.HK Martin Ratio Rank: 2

XCB.TO

XCB.TO Risk / Return Rank: 31
XCB.TO Sharpe Ratio Rank: 30
XCB.TO Sortino Ratio Rank: 29
XCB.TO Omega Ratio Rank: 29
XCB.TO Calmar Ratio Rank: 33
XCB.TO Martin Ratio Rank: 32

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.

0694.HK vs. XCB.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Beijing Capital International Airport Co Ltd (0694.HK) and iShares Core Canadian Corporate Bond Index ETF (XCB.TO). 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.

	0694.HK	XCB.TO	Difference
Sharpe ratio: Return per unit of total volatility	-1.57	0.34	-1.91
Sortino ratio: Return per unit of downside risk	-2.36	0.52	-2.88
Omega ratio: Gain probability vs. loss probability	0.71	1.06	-0.35
Calmar ratio: Return relative to maximum drawdown	-0.88	0.52	-1.40
Martin ratio: Return relative to average drawdown	-1.76	1.39	-3.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0694.HK vs. XCB.TO - Sharpe Ratio Comparison

The current 0694.HK Sharpe Ratio is -1.57, which is lower than the XCB.TO Sharpe Ratio of 0.34. The chart below compares the historical Sharpe Ratios of 0694.HK and XCB.TO, 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

	0694.HK	XCB.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.57	0.34	-1.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.57	-0.04	-0.53
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.36	0.20	-0.56
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	0.30	-0.26

Drawdowns

0694.HK vs. XCB.TO - Drawdown Comparison

The maximum 0694.HK drawdown since its inception was -86.27%, which is greater than XCB.TO's maximum drawdown of -30.49%. Use the drawdown chart below to compare losses from any high point for 0694.HK and XCB.TO.

Drawdown Indicators

	0694.HK	XCB.TO	Difference
Max Drawdown Largest peak-to-trough decline	-86.27%	-30.49%	-55.78%
Max Drawdown (1Y) Largest decline over 1 year	-47.99%	-3.94%	-44.05%
Max Drawdown (3Y) Largest decline over 3 years	-70.21%	-7.44%	-62.77%
Max Drawdown (5Y) Largest decline over 5 years	-73.83%	-22.35%	-51.48%
Max Drawdown (10Y) Largest decline over 10 years	-85.96%	-28.68%	-57.28%
Current Drawdown Current decline from peak	-86.27%	-1.95%	-84.32%
Average Drawdown Average peak-to-trough decline	-45.94%	-7.72%	-38.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.68%	1.47%	+22.21%

Volatility

0694.HK vs. XCB.TO - Volatility Comparison

Beijing Capital International Airport Co Ltd (0694.HK) has a higher volatility of 7.75% compared to iShares Core Canadian Corporate Bond Index ETF (XCB.TO) at 1.84%. This indicates that 0694.HK's price experiences larger fluctuations and is considered to be riskier than XCB.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0694.HK	XCB.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.75%	1.84%	+5.91%
Volatility (6M) Calculated over the trailing 6-month period	23.56%	4.49%	+19.07%
Volatility (1Y) Calculated over the trailing 1-year period	26.97%	6.00%	+20.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.97%	8.78%	+29.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.82%	10.28%	+27.54%

Dividends

0694.HK vs. XCB.TO - Dividend Comparison

0694.HK has not paid dividends to shareholders, while XCB.TO's dividend yield for the trailing twelve months is around 4.14%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0694.HK Beijing Capital International Airport Co Ltd	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.59%	5.91%	3.64%	1.86%	2.35%	2.07%
XCB.TO iShares Core Canadian Corporate Bond Index ETF	4.14%	4.10%	4.00%	3.69%	3.55%	3.01%	2.75%	2.95%	3.10%	3.07%	3.19%	3.31%

Frequently Asked Questions

Can I hold both 0694.HK and XCB.TO in my portfolio?

0694.HK and XCB.TO have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.