0855.HK vs. 1530.HK

Last updated Jun 23, 2026

0855.HK (China Water Affairs Group Ltd) and 1530.HK (3SBio Inc) are both stocks. 0855.HK operates in Utilities - Regulated Water (Utilities), while 1530.HK operates in Biotechnology (Healthcare). Over the past 10 years, 0855.HK returned 5.05%/yr vs 8.77%/yr for 1530.HK. At a 0.25 correlation, their price movements are largely independent.

Performance

0855.HK vs. 1530.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in China Water Affairs Group Ltd (0855.HK) and 3SBio Inc (1530.HK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 0855.HK achieves a -14.62% return, which is significantly higher than 1530.HK's -33.46% return. Over the past 10 years, 0855.HK has underperformed 1530.HK with an annualized return of 5.05%, while 1530.HK has yielded a comparatively higher 8.77% annualized return.

0855.HK

• 1D: -2.26%
• 1M: -7.30%
• YTD: -14.62%
• 6M: -15.27%
• 1Y: -25.95%
• 3Y*: -2.77%
• 5Y*: -0.95%
• 10Y*: 5.05%

1530.HK

• 1D: -0.86%
• 1M: -16.33%
• YTD: -33.46%
• 6M: -38.40%
• 1Y: -22.02%
• 3Y*: 33.14%
• 5Y*: 8.31%
• 10Y*: 8.77%

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

0855.HK vs. 1530.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0855.HK China Water Affairs Group Ltd	-14.62%	7.38%	27.04%	-29.66%	-40.78%	91.69%	9.18%	-26.88%	22.33%	44.17%
1530.HK 3SBio Inc	-33.46%	300.89%	-15.95%	-8.19%	31.63%	-8.06%	-30.00%	0.60%	-34.29%	103.18%

Correlation

The correlation between 0855.HK and 1530.HK is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Jun 11, 2015	0.25

Return for Risk

0855.HK vs. 1530.HK — Risk / Return Rank

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

0855.HK

0855.HK Risk / Return Rank: 7
0855.HK Sharpe Ratio Rank: 5
0855.HK Sortino Ratio Rank: 7
0855.HK Omega Ratio Rank: 9
0855.HK Calmar Ratio Rank: 10
0855.HK Martin Ratio Rank: 4

1530.HK

1530.HK Risk / Return Rank: 28
1530.HK Sharpe Ratio Rank: 27
1530.HK Sortino Ratio Rank: 29
1530.HK Omega Ratio Rank: 29
1530.HK Calmar Ratio Rank: 29
1530.HK Martin Ratio Rank: 27

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.

0855.HK vs. 1530.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for China Water Affairs Group Ltd (0855.HK) and 3SBio Inc (1530.HK). 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.

	0855.HK	1530.HK	Difference
Sharpe ratio: Return per unit of total volatility	-1.03	-0.35	-0.68
Sortino ratio: Return per unit of downside risk	-1.37	-0.13	-1.24
Omega ratio: Gain probability vs. loss probability	0.84	0.99	-0.15
Calmar ratio: Return relative to maximum drawdown	-0.83	-0.39	-0.44
Martin ratio: Return relative to average drawdown	-1.63	-0.78	-0.85

0855.HK vs. 1530.HK - Sharpe Ratio Comparison

The current 0855.HK Sharpe Ratio is -1.03, which is lower than the 1530.HK Sharpe Ratio of -0.35. The chart below compares the historical Sharpe Ratios of 0855.HK and 1530.HK, 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

0855.HK vs. 1530.HK - Drawdown Comparison

The maximum 0855.HK drawdown since its inception was -88.76%, which is greater than 1530.HK's maximum drawdown of -78.63%. Use the drawdown chart below to compare losses from any high point for 0855.HK and 1530.HK.

Drawdown Indicators

	0855.HK	1530.HK	Difference
Max Drawdown Largest peak-to-trough decline	-88.76%	-78.63%	-10.13%
Max Drawdown (1Y) Largest decline over 1 year	-32.13%	-57.58%	+25.45%
Max Drawdown (3Y) Largest decline over 3 years	-41.93%	-57.58%	+15.65%
Max Drawdown (5Y) Largest decline over 5 years	-64.13%	-60.61%	-3.52%
Max Drawdown (10Y) Largest decline over 10 years	-64.13%	-78.63%	+14.50%
Current Drawdown Current decline from peak	-52.59%	-55.18%	+2.59%
Average Drawdown Average peak-to-trough decline	-38.22%	-44.09%	+5.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.08%	28.67%	-12.59%

Volatility

0855.HK vs. 1530.HK - Volatility Comparison

The current volatility for China Water Affairs Group Ltd (0855.HK) is 6.75%, while 3SBio Inc (1530.HK) has a volatility of 18.60%. This indicates that 0855.HK experiences smaller price fluctuations and is considered to be less risky than 1530.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0855.HK	1530.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.75%	18.60%	-11.85%
Volatility (6M) Calculated over the trailing 6-month period	17.35%	41.28%	-23.93%
Volatility (1Y) Calculated over the trailing 1-year period	25.93%	64.15%	-38.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.28%	54.25%	-16.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.33%	50.25%	-15.92%

Dividends

0855.HK vs. 1530.HK - Dividend Comparison

0855.HK's dividend yield for the trailing twelve months is around 6.48%, more than 1530.HK's 1.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0855.HK China Water Affairs Group Ltd	6.48%	5.38%	5.48%	7.93%	2.79%	2.86%	5.12%	5.15%	3.22%	2.55%	1.78%	1.88%
1530.HK 3SBio Inc	1.55%	1.03%	4.11%	1.33%	2.41%	0.00%	0.00%	0.00%	0.68%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both 0855.HK and 1530.HK in my portfolio?

0855.HK and 1530.HK have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.