1128.HK vs. LMT

Last updated Jun 13, 2026

1128.HK (Wynn Macau Ltd) and LMT (Lockheed Martin Corporation) are both stocks. 1128.HK operates in Resorts & Casinos (Consumer Cyclical), while LMT operates in Aerospace & Defense (Industrials). Over the past 10 years, 1128.HK returned -4.57%/yr vs 11.48%/yr for LMT. At a 0.02 correlation, their price movements are largely independent.

Performance

1128.HK vs. LMT - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Wynn Macau Ltd (1128.HK) and Lockheed Martin Corporation (LMT). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

1128.HK is traded in HKD, while LMT is traded in USD. To make them comparable, the LMT values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 1128.HK achieves a -5.00% return, which is significantly lower than LMT's 13.79% return. Over the past 10 years, 1128.HK has underperformed LMT with an annualized return of -4.57%, while LMT has yielded a comparatively higher 11.48% annualized return.

1128.HK

• 1D: 0.18%
• 1M: -1.18%
• YTD: -5.00%
• 6M: -9.72%
• 1Y: 13.58%
• 3Y*: -5.97%
• 5Y*: -14.10%
• 10Y*: -4.57%

LMT

• 1D: -1.53%
• 1M: 4.54%
• YTD: 13.79%
• 6M: 14.59%
• 1Y: 13.87%
• 3Y*: 8.99%
• 5Y*: 9.99%
• 10Y*: 11.48%

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

1128.HK vs. LMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
1128.HK Wynn Macau Ltd	-5.00%	17.14%	-14.13%	-26.09%	36.58%	-51.08%	-32.19%	18.86%	-27.88%	107.95%
LMT Lockheed Martin Corporation	13.79%	2.66%	9.45%	-4.32%	40.71%	3.71%	-6.91%	51.74%	-16.16%	32.78%

Correlation

The correlation between 1128.HK and LMT is -0.09, 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	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	-0.07
Correlation (5Y) Calculated over the trailing 5-year period	-0.06
Correlation (10Y) Calculated over the trailing 10-year period	-0.00
Correlation (All Time) Calculated using the full available price history since Oct 9, 2009	0.02

The correlation between 1128.HK and LMT shifts across timeframes, from -0.09 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.

Return for Risk

1128.HK vs. LMT — Risk / Return Rank

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

1128.HK

1128.HK Risk / Return Rank: 53
1128.HK Sharpe Ratio Rank: 57
1128.HK Sortino Ratio Rank: 52
1128.HK Omega Ratio Rank: 50
1128.HK Calmar Ratio Rank: 53
1128.HK Martin Ratio Rank: 52

LMT

LMT Risk / Return Rank: 60
LMT Sharpe Ratio Rank: 66
LMT Sortino Ratio Rank: 58
LMT Omega Ratio Rank: 59
LMT Calmar Ratio Rank: 59
LMT Martin Ratio Rank: 60

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.

1128.HK vs. LMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wynn Macau Ltd (1128.HK) and Lockheed Martin Corporation (LMT). 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.

	1128.HK	LMT	Difference
Sharpe ratio: Return per unit of total volatility	0.40	0.68	-0.28
Sortino ratio: Return per unit of downside risk	0.84	1.05	-0.20
Omega ratio: Gain probability vs. loss probability	1.10	1.14	-0.05
Calmar ratio: Return relative to maximum drawdown	0.46	0.72	-0.27
Martin ratio: Return relative to average drawdown	0.81	1.67	-0.87

1128.HK vs. LMT - Sharpe Ratio Comparison

The current 1128.HK Sharpe Ratio is 0.40, which is lower than the LMT Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of 1128.HK and LMT, 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

1128.HK vs. LMT - Drawdown Comparison

The maximum 1128.HK drawdown since its inception was -89.41%, which is greater than LMT's maximum drawdown of -50.89%. Use the drawdown chart below to compare losses from any high point for 1128.HK and LMT.

Drawdown Indicators

	1128.HK	LMT	Difference
Max Drawdown Largest peak-to-trough decline	-89.41%	-50.89%	-38.52%
Max Drawdown (1Y) Largest decline over 1 year	-26.48%	-25.08%	-1.40%
Max Drawdown (3Y) Largest decline over 3 years	-42.07%	-31.11%	-10.96%
Max Drawdown (5Y) Largest decline over 5 years	-76.79%	-31.11%	-45.68%
Max Drawdown (10Y) Largest decline over 10 years	-89.41%	-36.75%	-52.66%
Current Drawdown Current decline from peak	-78.66%	-19.48%	-59.18%
Average Drawdown Average peak-to-trough decline	-45.86%	-12.35%	-33.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.81%	10.80%	+4.01%

Volatility

1128.HK vs. LMT - Volatility Comparison

Wynn Macau Ltd (1128.HK) has a higher volatility of 8.72% compared to Lockheed Martin Corporation (LMT) at 7.00%. This indicates that 1128.HK's price experiences larger fluctuations and is considered to be riskier than LMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	1128.HK	LMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.72%	7.00%	+1.72%
Volatility (6M) Calculated over the trailing 6-month period	17.23%	20.06%	-2.83%
Volatility (1Y) Calculated over the trailing 1-year period	30.32%	26.72%	+3.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.23%	23.00%	+26.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.25%	23.74%	+21.51%

Dividends

1128.HK vs. LMT - Dividend Comparison

1128.HK's dividend yield for the trailing twelve months is around 7.53%, more than LMT's 2.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
1128.HK Wynn Macau Ltd	7.53%	6.23%	2.78%	0.00%	0.00%	0.00%	0.00%	4.69%	6.26%	2.55%	4.86%	11.59%
LMT Lockheed Martin Corporation	2.53%	2.76%	2.62%	2.68%	2.34%	2.98%	2.76%	2.31%	3.13%	2.32%	2.71%	2.83%

Financials

Frequently Asked Questions

Can I hold both 1128.HK and LMT in my portfolio?

1128.HK and LMT have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.