0857.HK vs. VALE

Last updated Jun 4, 2026

0857.HK (PetroChina Co Ltd Class H) and VALE (Vale S.A.) are both stocks. 0857.HK operates in Oil & Gas Integrated (Energy), while VALE operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, 0857.HK returned 13.05%/yr vs 21.38%/yr for VALE. At a 0.17 correlation, their price movements are largely independent.

Performance

0857.HK vs. VALE - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in PetroChina Co Ltd Class H (0857.HK) and Vale S.A. (VALE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0857.HK is traded in HKD, while VALE is traded in USD. To make them comparable, the VALE values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 0857.HK achieves a 27.57% return, which is significantly higher than VALE's 24.08% return. Over the past 10 years, 0857.HK has underperformed VALE with an annualized return of 13.05%, while VALE has yielded a comparatively higher 21.38% annualized return.

0857.HK

• 1D: -0.56%
• 1M: -8.63%
• YTD: 27.57%
• 6M: 21.75%
• 1Y: 70.96%
• 3Y*: 36.03%
• 5Y*: 36.31%
• 10Y*: 13.05%

VALE

• 1D: -4.54%
• 1M: 1.42%
• YTD: 24.08%
• 6M: 23.72%
• 1Y: 81.33%
• 3Y*: 14.28%
• 5Y*: 2.99%
• 10Y*: 21.38%

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

0857.HK vs. VALE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0857.HK PetroChina Co Ltd Class H	27.57%	46.96%	27.73%	56.92%	13.08%	55.95%	-33.02%	-17.79%	-9.45%	-4.43%
VALE Vale S.A.	24.08%	61.01%	-39.15%	1.56%	32.77%	-0.92%	31.81%	2.18%	12.49%	69.32%

Correlation

The correlation between 0857.HK and VALE 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	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (10Y) Calculated over the trailing 10-year period	0.14
Correlation (All Time) Calculated using the full available price history since Jul 6, 2007	0.17

The correlation between 0857.HK and VALE shifts across timeframes, from -0.00 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.

Return for Risk

0857.HK vs. VALE — Risk / Return Rank

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

0857.HK

0857.HK Risk / Return Rank: 92
0857.HK Sharpe Ratio Rank: 93
0857.HK Sortino Ratio Rank: 90
0857.HK Omega Ratio Rank: 91
0857.HK Calmar Ratio Rank: 93
0857.HK Martin Ratio Rank: 92

VALE

VALE Risk / Return Rank: 90
VALE Sharpe Ratio Rank: 92
VALE Sortino Ratio Rank: 89
VALE Omega Ratio Rank: 88
VALE Calmar Ratio Rank: 88
VALE Martin Ratio Rank: 92

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.

0857.HK vs. VALE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PetroChina Co Ltd Class H (0857.HK) and Vale S.A. (VALE). 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.

	0857.HK	VALE	Difference
Sharpe ratio Return per unit of total volatility	2.70	2.59	+0.12
Sortino ratio Return per unit of downside risk	3.25	3.12	+0.13
Omega ratio Gain probability vs. loss probability	1.45	1.41	+0.04
Calmar ratio Return relative to maximum drawdown	6.04	4.15	+1.89
Martin ratio Return relative to average drawdown	14.22	14.80	-0.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0857.HK vs. VALE - Sharpe Ratio Comparison

The current 0857.HK Sharpe Ratio is 2.70, which is comparable to the VALE Sharpe Ratio of 2.59. The chart below compares the historical Sharpe Ratios of 0857.HK and VALE, 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

	0857.HK	VALE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.70	2.59	+0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.22	0.09	+1.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	0.52	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.08	+0.35

Drawdowns

0857.HK vs. VALE - Drawdown Comparison

The maximum 0857.HK drawdown since its inception was -83.97%, smaller than the maximum VALE drawdown of -92.78%. Use the drawdown chart below to compare losses from any high point for 0857.HK and VALE.

Drawdown Indicators

	0857.HK	VALE	Difference
Max Drawdown Largest peak-to-trough decline	-83.97%	-92.78%	+8.81%
Max Drawdown (1Y) Largest decline over 1 year	-12.13%	-19.72%	+7.59%
Max Drawdown (3Y) Largest decline over 3 years	-36.54%	-42.17%	+5.63%
Max Drawdown (5Y) Largest decline over 5 years	-36.54%	-50.14%	+13.60%
Max Drawdown (10Y) Largest decline over 10 years	-64.89%	-58.05%	-6.84%
Current Drawdown Current decline from peak	-11.14%	-9.81%	-1.33%
Average Drawdown Average peak-to-trough decline	-39.71%	-44.66%	+4.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.09%	5.51%	-0.42%

Volatility

0857.HK vs. VALE - Volatility Comparison

PetroChina Co Ltd Class H (0857.HK) has a higher volatility of 10.75% compared to Vale S.A. (VALE) at 9.09%. This indicates that 0857.HK's price experiences larger fluctuations and is considered to be riskier than VALE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0857.HK	VALE	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.75%	9.09%	+1.66%
Volatility (6M) Calculated over the trailing 6-month period	22.18%	26.51%	-4.33%
Volatility (1Y) Calculated over the trailing 1-year period	27.22%	31.61%	-4.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.71%	35.37%	-4.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.14%	40.95%	-10.81%

Dividends

0857.HK vs. VALE - Dividend Comparison

0857.HK's dividend yield for the trailing twelve months is around 4.81%, more than VALE's 3.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0857.HK PetroChina Co Ltd Class H	4.81%	6.13%	8.07%	9.14%	9.71%	7.57%	8.80%	2.78%	1.42%	1.24%	0.94%	3.89%
VALE Vale S.A.	3.58%	7.29%	11.41%	7.75%	8.63%	19.70%	2.72%	2.63%	4.16%	3.77%	1.06%	7.48%

Financials

Frequently Asked Questions

Can I hold both 0857.HK and VALE in my portfolio?

0857.HK and VALE 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.