0857.HK vs. BTC-USD
Compare and contrast key facts about PetroChina Co Ltd Class H (0857.HK) and Bitcoin (BTC-USD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 0857.HK or BTC-USD.
Key characteristics
| 0857.HK | BTC-USD | |
|---|---|---|
| YTD Return | 41.21% | 39.69% |
| 1Y Return | 34.80% | 116.28% |
| 3Y Return (Ann) | 41.46% | 7.76% |
| 5Y Return (Ann) | 22.55% | 43.65% |
| 10Y Return (Ann) | 0.37% | 61.96% |
| Sharpe Ratio | 1.23 | 0.96 |
| Daily Std Dev | 30.70% | 42.79% |
| Max Drawdown | -83.74% | -93.07% |
| Current Drawdown | -24.81% | -19.22% |
Correlation
The correlation between 0857.HK and BTC-USD is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
0857.HK vs. BTC-USD - Performance Comparison
The year-to-date returns for both stocks are quite close, with 0857.HK having a 41.21% return and BTC-USD slightly lower at 39.69%. Over the past 10 years, 0857.HK has underperformed BTC-USD with an annualized return of 0.37%, while BTC-USD has yielded a comparatively higher 61.96% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
0857.HK vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PetroChina Co Ltd Class H (0857.HK) and Bitcoin (BTC-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.
Drawdowns
0857.HK vs. BTC-USD - Drawdown Comparison
The maximum 0857.HK drawdown since its inception was -83.74%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for 0857.HK and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
0857.HK vs. BTC-USD - Volatility Comparison
The current volatility for PetroChina Co Ltd Class H (0857.HK) is 8.91%, while Bitcoin (BTC-USD) has a volatility of 20.20%. This indicates that 0857.HK experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.