0902.HK vs. CHFFY

Last updated Jun 4, 2026

0902.HK (Huaneng Power International) and CHFFY (China Everbright International Ltd ADR) are both stocks. 0902.HK operates in Utilities - Independent Power Producers (Utilities), while CHFFY operates in Waste Management (Industrials). Over the past 10 years, 0902.HK returned 8.43%/yr vs -0.05%/yr for CHFFY. At a correlation of -0.00, they often move in opposite directions.

Performance

0902.HK vs. CHFFY - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Huaneng Power International (0902.HK) and China Everbright International Ltd ADR (CHFFY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0902.HK is traded in HKD, while CHFFY is traded in USD. To make them comparable, the CHFFY values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 0902.HK achieves a 31.94% return, which is significantly higher than CHFFY's -1.61% return. Over the past 10 years, 0902.HK has outperformed CHFFY with an annualized return of 8.43%, while CHFFY has yielded a comparatively lower -0.05% annualized return.

0902.HK

• 1D: 0.80%
• 1M: 20.57%
• YTD: 31.94%
• 6M: 17.39%
• 1Y: 61.77%
• 3Y*: 18.98%
• 5Y*: 25.22%
• 10Y*: 8.43%

CHFFY

• 1D: 2.41%
• 1M: 2.47%
• YTD: -1.61%
• 6M: -1.62%
• 1Y: 70.01%
• 3Y*: 26.17%
• 5Y*: 8.38%
• 10Y*: -0.05%

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

0902.HK vs. CHFFY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0902.HK Huaneng Power International	31.94%	42.09%	7.43%	12.20%	-29.17%	98.47%	-24.32%	-18.89%	3.98%	1.07%
CHFFY China Everbright International Ltd ADR	-1.61%	69.59%	50.47%	-22.88%	-38.69%	43.74%	-25.14%	-16.52%	-32.71%	28.98%

Correlation

The correlation between 0902.HK and CHFFY is -0.02, 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	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	-0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.00
Correlation (10Y) Calculated over the trailing 10-year period	0.00
Correlation (All Time) Calculated using the full available price history since Sep 2, 2015	-0.00

Return for Risk

0902.HK vs. CHFFY — Risk / Return Rank

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

0902.HK

0902.HK Risk / Return Rank: 87
0902.HK Sharpe Ratio Rank: 90
0902.HK Sortino Ratio Rank: 88
0902.HK Omega Ratio Rank: 88
0902.HK Calmar Ratio Rank: 84
0902.HK Martin Ratio Rank: 85

CHFFY

CHFFY Risk / Return Rank: 90
CHFFY Sharpe Ratio Rank: 83
CHFFY Sortino Ratio Rank: 87
CHFFY Omega Ratio Rank: 97
CHFFY Calmar Ratio Rank: 91
CHFFY Martin Ratio Rank: 93

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.

0902.HK vs. CHFFY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Huaneng Power International (0902.HK) and China Everbright International Ltd ADR (CHFFY). 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.

	0902.HK	CHFFY	Difference
Sharpe ratio Return per unit of total volatility	2.23	1.58	+0.65
Sortino ratio Return per unit of downside risk	3.04	2.86	+0.18
Omega ratio Gain probability vs. loss probability	1.41	1.69	-0.29
Calmar ratio Return relative to maximum drawdown	3.28	4.88	-1.61
Martin ratio Return relative to average drawdown	8.71	15.23	-6.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0902.HK vs. CHFFY - Sharpe Ratio Comparison

The current 0902.HK Sharpe Ratio is 2.23, which is higher than the CHFFY Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of 0902.HK and CHFFY, 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

	0902.HK	CHFFY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.23	1.58	+0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.21	+0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.23	-0.00	+0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	-0.05	+0.26

Drawdowns

0902.HK vs. CHFFY - Drawdown Comparison

The maximum 0902.HK drawdown since its inception was -75.29%, roughly equal to the maximum CHFFY drawdown of -75.98%. Use the drawdown chart below to compare losses from any high point for 0902.HK and CHFFY.

Drawdown Indicators

	0902.HK	CHFFY	Difference
Max Drawdown Largest peak-to-trough decline	-75.29%	-75.98%	+0.69%
Max Drawdown (1Y) Largest decline over 1 year	-19.42%	-14.56%	-4.86%
Max Drawdown (3Y) Largest decline over 3 years	-34.66%	-23.46%	-11.20%
Max Drawdown (5Y) Largest decline over 5 years	-51.75%	-54.80%	+3.05%
Max Drawdown (10Y) Largest decline over 10 years	-62.36%	-75.98%	+13.62%
Current Drawdown Current decline from peak	0.00%	-38.99%	+38.99%
Average Drawdown Average peak-to-trough decline	-36.66%	-47.79%	+11.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.23%	4.64%	+2.59%

Volatility

0902.HK vs. CHFFY - Volatility Comparison

Huaneng Power International (0902.HK) has a higher volatility of 10.60% compared to China Everbright International Ltd ADR (CHFFY) at 2.38%. This indicates that 0902.HK's price experiences larger fluctuations and is considered to be riskier than CHFFY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0902.HK	CHFFY	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.60%	2.38%	+8.22%
Volatility (6M) Calculated over the trailing 6-month period	21.05%	19.33%	+1.72%
Volatility (1Y) Calculated over the trailing 1-year period	28.61%	45.06%	-16.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.78%	39.94%	+3.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.27%	54.26%	-16.99%

Dividends

0902.HK vs. CHFFY - Dividend Comparison

0902.HK's dividend yield for the trailing twelve months is around 3.87%, less than CHFFY's 7.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0902.HK Huaneng Power International	3.87%	5.10%	5.15%	0.00%	0.00%	4.13%	5.23%	2.97%	2.40%	6.65%	10.92%	7.16%
CHFFY China Everbright International Ltd ADR	7.14%	4.55%	6.62%	9.70%	9.03%	6.09%	3.23%	0.00%	0.00%	3.25%	2.92%	0.00%

Financials

Frequently Asked Questions

Can I hold both 0902.HK and CHFFY in my portfolio?

0902.HK and CHFFY have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.