0700.HK vs. RHM.DE
0700.HK (Tencent Holdings Ltd) and RHM.DE (Rheinmetall AG) are both stocks. 0700.HK operates in Internet Content & Information (Communication Services), while RHM.DE operates in Aerospace & Defense (Industrials). Over the past 10 years, 0700.HK returned 12.18%/yr vs 39.13%/yr for RHM.DE. At a 0.17 correlation, their price movements are largely independent.
Performance
0700.HK vs. RHM.DE - Performance Comparison
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Different Trading Currencies
0700.HK is traded in HKD, while RHM.DE is traded in EUR. To make them comparable, the RHM.DE values have been converted to HKD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with 0700.HK having a -21.70% return and RHM.DE slightly lower at -22.66%. Over the past 10 years, 0700.HK has underperformed RHM.DE with an annualized return of 12.18%, while RHM.DE has yielded a comparatively higher 39.13% annualized return.
0700.HK
- 1D
- 1.40%
- 1M
- 1.38%
- YTD
- -21.70%
- 6M
- -23.86%
- 1Y
- -8.04%
- 3Y*
- 11.44%
- 5Y*
- -2.55%
- 10Y*
- 12.18%
RHM.DE
- 1D
- -1.30%
- 1M
- 6.21%
- YTD
- -22.66%
- 6M
- -25.39%
- 1Y
- -30.55%
- 3Y*
- 74.90%
- 5Y*
- 70.44%
- 10Y*
- 39.13%
0700.HK vs. RHM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
0700.HK Tencent Holdings Ltd | -21.70% | 44.90% | 43.26% | -6.79% | -24.29% | -18.77% | 50.62% | 19.98% | -22.47% | 114.55% |
RHM.DE Rheinmetall AG | -22.66% | 188.71% | 103.03% | 61.75% | 115.85% | -8.98% | -4.31% | 31.97% | -29.35% | 93.80% |
Correlation
The correlation between 0700.HK and RHM.DE is 0.10, 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 | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2007 | 0.17 |
The correlation between 0700.HK and RHM.DE shifts across timeframes, from 0.06 (5 years) to 0.17 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
0700.HK vs. RHM.DE — Risk / Return Rank
0700.HK
RHM.DE
0700.HK vs. RHM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tencent Holdings Ltd (0700.HK) and Rheinmetall AG (RHM.DE). 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.
| 0700.HK | RHM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.39 | ||
| Sortino ratioReturn per unit of downside risk | +0.53 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.91 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.23 | -0.70 | +0.48 |
| Martin ratioReturn relative to average drawdown | -0.49 | -1.53 | +1.04 |
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Drawdowns
0700.HK vs. RHM.DE - Drawdown Comparison
The maximum 0700.HK drawdown since its inception was -72.79%, smaller than the maximum RHM.DE drawdown of -77.70%. Use the drawdown chart below to compare losses from any high point for 0700.HK and RHM.DE.
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Drawdown Indicators
| 0700.HK | RHM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.79% | -77.70% | +4.91% |
Max Drawdown (1Y)Largest decline over 1 year | -36.54% | -43.27% | +6.73% |
Max Drawdown (3Y)Largest decline over 3 years | -36.54% | -43.27% | +6.73% |
Max Drawdown (5Y)Largest decline over 5 years | -65.52% | -43.27% | -22.25% |
Max Drawdown (10Y)Largest decline over 10 years | -72.79% | -66.64% | -6.15% |
Current DrawdownCurrent decline from peak | -31.45% | -39.20% | +7.75% |
Average DrawdownAverage peak-to-trough decline | -18.72% | -23.88% | +5.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.56% | 19.93% | -3.37% |
Volatility
0700.HK vs. RHM.DE - Volatility Comparison
Tencent Holdings Ltd (0700.HK) has a higher volatility of 13.13% compared to Rheinmetall AG (RHM.DE) at 11.77%. This indicates that 0700.HK's price experiences larger fluctuations and is considered to be riskier than RHM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 0700.HK | RHM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.13% | 11.77% | +1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 23.71% | 34.31% | -10.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.61% | 45.58% | -15.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.19% | 42.88% | -3.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.55% | 38.74% | -3.19% |
Dividends
0700.HK vs. RHM.DE - Dividend Comparison
0700.HK's dividend yield for the trailing twelve months is around 1.14%, more than RHM.DE's 0.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
0700.HK Tencent Holdings Ltd | 1.14% | 0.75% | 0.82% | 0.82% | 0.50% | 0.38% | 0.23% | 0.29% | 0.31% | 0.16% | 0.27% | 0.26% |
RHM.DE Rheinmetall AG | 0.95% | 0.52% | 0.93% | 1.50% | 1.77% | 2.41% | 2.77% | 2.05% | 2.20% | 1.37% | 1.72% | 0.49% |
Financials
0700.HK vs. RHM.DE - Financials Comparison
This section allows you to compare key financial metrics between Tencent Holdings Ltd and Rheinmetall AG. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
0700.HK and RHM.DE have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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