0700.HK vs. SOL-USD

Last updated Jun 13, 2026

0700.HK (Tencent Holdings Ltd) is a stock, while SOL-USD (Solana) is a cryptocurrency. Over the past 5 years, 0700.HK returned -2.55%/yr vs 12.19%/yr for SOL-USD. At a 0.01 correlation, their price movements are largely independent.

Performance

0700.HK vs. SOL-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Tencent Holdings Ltd (0700.HK) and Solana (SOL-USD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0700.HK is traded in HKD, while SOL-USD is traded in USD. To make them comparable, the SOL-USD values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 0700.HK achieves a -21.70% return, which is significantly higher than SOL-USD's -44.87% return.

0700.HK

• 1D: 1.40%
• 1M: 1.91%
• YTD: -21.70%
• 6M: -23.86%
• 1Y: -8.04%
• 3Y*: 11.44%
• 5Y*: -2.55%
• 10Y*: 12.18%

SOL-USD

• 1D: 0.00%
• 1M: -25.99%
• YTD: -44.87%
• 6M: -48.15%
• 1Y: -54.23%
• 3Y*: 67.62%
• 5Y*: 12.19%
• 10Y*: —

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

0700.HK vs. SOL-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
0700.HK Tencent Holdings Ltd	-21.70%	44.90%	43.26%	-6.79%	-24.29%	-18.77%	44.54%
SOL-USD Solana	-44.87%	-33.96%	76.91%	970.23%	-94.15%	11,204.63%	81.64%

Correlation

The correlation between 0700.HK and SOL-USD is -0.03, 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	-0.03
Correlation (3Y) Calculated over the trailing 3-year period	-0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.02
Correlation (All Time) Calculated using the full available price history since Apr 10, 2020	0.01

Return for Risk

0700.HK vs. SOL-USD — Risk / Return Rank

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

0700.HK

0700.HK Risk / Return Rank: 31
0700.HK Sharpe Ratio Rank: 31
0700.HK Sortino Ratio Rank: 27
0700.HK Omega Ratio Rank: 27
0700.HK Calmar Ratio Rank: 36
0700.HK Martin Ratio Rank: 34

SOL-USD

SOL-USD Risk / Return Rank: 51
SOL-USD Sharpe Ratio Rank: 44
SOL-USD Sortino Ratio Rank: 51
SOL-USD Omega Ratio Rank: 52
SOL-USD Calmar Ratio Rank: 60
SOL-USD Martin Ratio Rank: 51

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.

0700.HK vs. SOL-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tencent Holdings Ltd (0700.HK) and Solana (SOL-USD). 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	SOL-USD	Difference
Sharpe ratio: Return per unit of total volatility	-0.28	-0.76	+0.48
Sortino ratio: Return per unit of downside risk	-0.22	-0.99	+0.77
Omega ratio: Gain probability vs. loss probability	0.98	0.90	+0.08
Calmar ratio: Return relative to maximum drawdown	-0.23	-0.73	+0.50
Martin ratio: Return relative to average drawdown	-0.49	-1.17	+0.68

0700.HK vs. SOL-USD - Sharpe Ratio Comparison

The current 0700.HK Sharpe Ratio is -0.28, which is higher than the SOL-USD Sharpe Ratio of -0.76. The chart below compares the historical Sharpe Ratios of 0700.HK and SOL-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

0700.HK vs. SOL-USD - Drawdown Comparison

The maximum 0700.HK drawdown since its inception was -72.79%, smaller than the maximum SOL-USD drawdown of -96.12%. Use the drawdown chart below to compare losses from any high point for 0700.HK and SOL-USD.

Drawdown Indicators

	0700.HK	SOL-USD	Difference
Max Drawdown Largest peak-to-trough decline	-72.79%	-96.12%	+23.33%
Max Drawdown (1Y) Largest decline over 1 year	-36.54%	-74.31%	+37.77%
Max Drawdown (3Y) Largest decline over 3 years	-36.54%	-75.31%	+38.77%
Max Drawdown (5Y) Largest decline over 5 years	-65.52%	-96.12%	+30.60%
Max Drawdown (10Y) Largest decline over 10 years	-72.79%	—	—
Current Drawdown Current decline from peak	-31.45%	-73.34%	+41.89%
Average Drawdown Average peak-to-trough decline	-18.72%	-50.46%	+31.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.56%	52.89%	-36.33%

Volatility

0700.HK vs. SOL-USD - Volatility Comparison

The current volatility for Tencent Holdings Ltd (0700.HK) is 13.13%, while Solana (SOL-USD) has a volatility of 16.84%. This indicates that 0700.HK experiences smaller price fluctuations and is considered to be less risky than SOL-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0700.HK	SOL-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.13%	16.84%	-3.71%
Volatility (6M) Calculated over the trailing 6-month period	23.71%	47.92%	-24.21%
Volatility (1Y) Calculated over the trailing 1-year period	29.61%	59.53%	-29.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.19%	81.28%	-42.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.55%	101.33%	-65.78%

Frequently Asked Questions

Can I hold both 0700.HK and SOL-USD in my portfolio?

0700.HK and SOL-USD have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.