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0728.HK vs. HBAR-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

0728.HK vs. HBAR-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in China Telecom (0728.HK) and HederaHashgraph (HBAR-USD). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

0728.HK is traded in HKD, while HBAR-USD is traded in USD. To make them comparable, the HBAR-USD values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 0728.HK achieves a -7.06% return, which is significantly higher than HBAR-USD's -25.87% return.


0728.HK

1D
-2.00%
1M
-9.09%
YTD
-7.06%
6M
-11.34%
1Y
-9.67%
3Y*
13.49%
5Y*
22.31%
10Y*
9.02%

HBAR-USD

1D
0.00%
1M
-17.66%
YTD
-25.87%
6M
-36.52%
1Y
-50.94%
3Y*
19.91%
5Y*
-16.81%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

0728.HK vs. HBAR-USD - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
0728.HK
China Telecom
-7.06%16.32%38.46%29.65%32.90%26.60%-29.60%-12.77%
HBAR-USD
HederaHashgraph
-25.87%-60.37%199.36%137.68%-87.06%817.71%210.09%-97.55%

Correlation

The correlation between 0728.HK and HBAR-USD is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.11

Correlation (3Y)
Calculated over the trailing 3-year period

-0.05

Correlation (5Y)
Calculated over the trailing 5-year period

-0.02

Correlation (All Time)
Calculated using the full available price history since Sep 17, 2019

-0.01

The correlation between 0728.HK and HBAR-USD shifts across timeframes, from -0.11 (1 year) to -0.01 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

0728.HK vs. HBAR-USD — Risk / Return Rank

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

0728.HK
0728.HK Risk / Return Rank: 2424
Overall Rank
0728.HK Sharpe Ratio Rank: 2222
Sharpe Ratio Rank
0728.HK Sortino Ratio Rank: 1919
Sortino Ratio Rank
0728.HK Omega Ratio Rank: 2121
Omega Ratio Rank
0728.HK Calmar Ratio Rank: 2828
Calmar Ratio Rank
0728.HK Martin Ratio Rank: 2828
Martin Ratio Rank

HBAR-USD
HBAR-USD Risk / Return Rank: 6161
Overall Rank
HBAR-USD Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
HBAR-USD Sortino Ratio Rank: 5858
Sortino Ratio Rank
HBAR-USD Omega Ratio Rank: 5858
Omega Ratio Rank
HBAR-USD Calmar Ratio Rank: 6565
Calmar Ratio Rank
HBAR-USD Martin Ratio Rank: 6969
Martin Ratio Rank
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.

0728.HK vs. HBAR-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for China Telecom (0728.HK) and HederaHashgraph (HBAR-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.


0728.HKHBAR-USDDifference
Sharpe ratioReturn per unit of total volatility

+0.18

Sortino ratioReturn per unit of downside risk

+0.22

Omega ratioGain probability vs. loss probability

0.94

0.92

+0.01

Calmar ratioReturn relative to maximum drawdown

-0.43

-0.69

+0.27

Martin ratioReturn relative to average drawdown

-0.76

-0.98

+0.22

0728.HK vs. HBAR-USD - Sharpe Ratio Comparison

The current 0728.HK Sharpe Ratio is -0.47, which is comparable to the HBAR-USD Sharpe Ratio of -0.65. The chart below compares the historical Sharpe Ratios of 0728.HK and HBAR-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.


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Drawdowns

0728.HK vs. HBAR-USD - Drawdown Comparison

The maximum 0728.HK drawdown since its inception was -71.89%, smaller than the maximum HBAR-USD drawdown of -97.59%. Use the drawdown chart below to compare losses from any high point for 0728.HK and HBAR-USD.


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Drawdown Indicators


0728.HKHBAR-USDDifference

Max Drawdown

Largest peak-to-trough decline

-71.89%

-97.59%

+25.70%

Max Drawdown (1Y)

Largest decline over 1 year

-22.83%

-73.44%

+50.61%

Max Drawdown (3Y)

Largest decline over 3 years

-25.24%

-79.15%

+53.91%

Max Drawdown (5Y)

Largest decline over 5 years

-25.24%

-92.56%

+67.32%

Max Drawdown (10Y)

Largest decline over 10 years

-52.40%

Current Drawdown

Current decline from peak

-21.66%

-84.44%

+62.78%

Average Drawdown

Average peak-to-trough decline

-31.50%

-74.50%

+43.00%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.67%

51.63%

-38.96%

Volatility

0728.HK vs. HBAR-USD - Volatility Comparison

The current volatility for China Telecom (0728.HK) is 9.23%, while HederaHashgraph (HBAR-USD) has a volatility of 15.69%. This indicates that 0728.HK experiences smaller price fluctuations and is considered to be less risky than HBAR-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


0728.HKHBAR-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.23%

15.69%

-6.46%

Volatility (6M)

Calculated over the trailing 6-month period

17.00%

43.64%

-26.64%

Volatility (1Y)

Calculated over the trailing 1-year period

20.83%

65.51%

-44.68%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.03%

90.98%

-63.95%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.44%

111.89%

-84.45%

Frequently Asked Questions


0728.HK and HBAR-USD have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for 0728.HK and HBAR-USD

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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