0753.HK vs. AAL

Last updated Jun 5, 2026

0753.HK (Air China Ltd) and AAL (American Airlines Group Inc.) are both stocks. Both operate in the Airlines industry within the Industrials sector. Over the past 10 years, 0753.HK returned -0.70%/yr vs -7.75%/yr for AAL. At a 0.07 correlation, their price movements are largely independent.

Performance

0753.HK vs. AAL - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Air China Ltd (0753.HK) and American Airlines Group Inc. (AAL). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0753.HK is traded in HKD, while AAL is traded in USD. To make them comparable, the AAL values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 0753.HK achieves a -36.21% return, which is significantly lower than AAL's -12.69% return. Over the past 10 years, 0753.HK has outperformed AAL with an annualized return of -0.70%, while AAL has yielded a comparatively lower -7.75% annualized return.

0753.HK

• 1D: -0.66%
• 1M: -8.52%
• YTD: -36.21%
• 6M: -31.15%
• 1Y: -19.89%
• 3Y*: -7.07%
• 5Y*: -6.47%
• 10Y*: -0.70%

AAL

• 1D: -2.03%
• 1M: 7.48%
• YTD: -12.69%
• 6M: -6.65%
• 1Y: 16.26%
• 3Y*: -3.54%
• 5Y*: -11.18%
• 10Y*: -7.75%

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

0753.HK vs. AAL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0753.HK Air China Ltd	-36.21%	37.28%	4.25%	-28.92%	27.76%	-10.82%	-22.08%	17.89%	-26.95%	94.64%
AAL American Airlines Group Inc.	-12.69%	-11.88%	26.20%	8.01%	-29.06%	14.51%	-45.06%	-10.05%	-37.55%	13.26%

Correlation

The correlation between 0753.HK and AAL 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	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (10Y) Calculated over the trailing 10-year period	0.10
Correlation (All Time) Calculated using the full available price history since Jul 6, 2007	0.07

Return for Risk

0753.HK vs. AAL — Risk / Return Rank

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

0753.HK

0753.HK Risk / Return Rank: 20
0753.HK Sharpe Ratio Rank: 19
0753.HK Sortino Ratio Rank: 19
0753.HK Omega Ratio Rank: 21
0753.HK Calmar Ratio Rank: 24
0753.HK Martin Ratio Rank: 18

AAL

AAL Risk / Return Rank: 52
AAL Sharpe Ratio Rank: 53
AAL Sortino Ratio Rank: 51
AAL Omega Ratio Rank: 49
AAL Calmar Ratio Rank: 52
AAL Martin Ratio Rank: 53

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.

0753.HK vs. AAL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Air China Ltd (0753.HK) and American Airlines Group Inc. (AAL). 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.

	0753.HK	AAL	Difference
Sharpe ratio: Return per unit of total volatility	-0.50	0.33	-0.84
Sortino ratio: Return per unit of downside risk	-0.52	0.85	-1.37
Omega ratio: Gain probability vs. loss probability	0.94	1.10	-0.16
Calmar ratio: Return relative to maximum drawdown	-0.50	0.44	-0.94
Martin ratio: Return relative to average drawdown	-1.11	1.04	-2.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0753.HK vs. AAL - Sharpe Ratio Comparison

The current 0753.HK Sharpe Ratio is -0.50, which is lower than the AAL Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of 0753.HK and AAL, 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

	0753.HK	AAL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.50	0.33	-0.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.16	-0.23	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.02	-0.15	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	-0.07	+0.13

Drawdowns

0753.HK vs. AAL - Drawdown Comparison

The maximum 0753.HK drawdown since its inception was -86.64%, smaller than the maximum AAL drawdown of -95.13%. Use the drawdown chart below to compare losses from any high point for 0753.HK and AAL.

Drawdown Indicators

	0753.HK	AAL	Difference
Max Drawdown Largest peak-to-trough decline	-86.64%	-95.13%	+8.49%
Max Drawdown (1Y) Largest decline over 1 year	-40.50%	-36.95%	-3.55%
Max Drawdown (3Y) Largest decline over 3 years	-53.72%	-52.17%	-1.55%
Max Drawdown (5Y) Largest decline over 5 years	-61.37%	-62.66%	+1.29%
Max Drawdown (10Y) Largest decline over 10 years	-75.22%	-84.28%	+9.06%
Current Drawdown Current decline from peak	-62.62%	-76.63%	+14.01%
Average Drawdown Average peak-to-trough decline	-42.75%	-56.70%	+13.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.07%	15.71%	+2.36%

Volatility

0753.HK vs. AAL - Volatility Comparison

The current volatility for Air China Ltd (0753.HK) is 12.74%, while American Airlines Group Inc. (AAL) has a volatility of 14.88%. This indicates that 0753.HK experiences smaller price fluctuations and is considered to be less risky than AAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0753.HK	AAL	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.74%	14.88%	-2.14%
Volatility (6M) Calculated over the trailing 6-month period	31.18%	33.86%	-2.68%
Volatility (1Y) Calculated over the trailing 1-year period	40.59%	48.89%	-8.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.53%	48.02%	-7.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.39%	52.97%	-12.58%

Dividends

0753.HK vs. AAL - Dividend Comparison

Neither 0753.HK nor AAL has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0753.HK Air China Ltd	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.80%	1.49%	2.08%	1.29%	2.57%	1.08%
AAL American Airlines Group Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.63%	1.39%	1.25%	0.77%	0.86%	0.94%

Financials

Frequently Asked Questions

Can I hold both 0753.HK and AAL in my portfolio?

0753.HK and AAL 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.