1288.HK vs. ^NDX
1288.HK (Agricultural Bank Of China) is a stock, while ^NDX (NASDAQ 100 Index) is an index. Over the past 10 years, 1288.HK returned 14.78%/yr vs 20.01%/yr for ^NDX. At a 0.11 correlation, their price movements are largely independent.
Performance
1288.HK vs. ^NDX - Performance Comparison
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Different Trading Currencies
1288.HK is traded in HKD, while ^NDX is traded in USD. To make them comparable, the ^NDX values have been converted to HKD using the latest available exchange rates.
Returns By Period
In the year-to-date period, 1288.HK achieves a 4.83% return, which is significantly lower than ^NDX's 14.12% return. Over the past 10 years, 1288.HK has underperformed ^NDX with an annualized return of 14.78%, while ^NDX has yielded a comparatively higher 20.01% annualized return.
1288.HK
- 1D
- 4.05%
- 1M
- 4.23%
- 6M
- 11.38%
- YTD
- 4.83%
- 1Y
- 15.86%
- 3Y*
- 37.96%
- 5Y*
- 26.19%
- 10Y*
- 14.78%
- ALL TIME*
- 10.26%
^NDX
- 1D
- 0.06%
- 1M
- -5.88%
- 6M
- 12.66%
- YTD
- 14.12%
- 1Y
- 23.91%
- 3Y*
- 22.98%
- 5Y*
- 14.22%
- 10Y*
- 20.01%
- ALL TIME*
- 15.42%
1288.HK vs. ^NDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
1288.HK Agricultural Bank Of China | 4.83% | 40.75% | 57.87% | 22.69% | 9.04% | 1.73% | -11.56% | 6.07% | -0.97% | 20.81% |
^NDX NASDAQ 100 Index | 14.12% | 20.40% | 24.23% | 53.79% | -32.85% | 27.31% | 46.92% | 37.24% | -0.82% | 32.53% |
Correlation
The correlation between 1288.HK and ^NDX is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2010 | 0.11 |
The correlation between 1288.HK and ^NDX shifts across timeframes, from -0.01 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
1288.HK vs. ^NDX — Risk / Return Rank
1288.HK
^NDX
1288.HK vs. ^NDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Agricultural Bank Of China (1288.HK) and NASDAQ 100 Index (^NDX). 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.
| 1288.HK | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.57 | ||
| Sortino ratioReturn per unit of downside risk | -0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.23 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | 2.11 | -1.16 |
| Martin ratioReturn relative to average drawdown | 1.96 | 7.35 | -5.39 |
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Drawdowns
1288.HK vs. ^NDX - Drawdown Comparison
The maximum 1288.HK drawdown since its inception was -51.25%, roughly equal to the maximum ^NDX drawdown of -53.71%. Use the drawdown chart below to compare losses from any high point for 1288.HK and ^NDX.
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Drawdown Indicators
| 1288.HK | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.25% | -53.71% | +2.46% |
Max Drawdown (1Y)Largest decline over 1 year | -17.35% | -11.40% | -5.95% |
Max Drawdown (3Y)Largest decline over 3 years | -17.39% | -23.00% | +5.61% |
Max Drawdown (5Y)Largest decline over 5 years | -22.31% | -35.57% | +13.26% |
Max Drawdown (10Y)Largest decline over 10 years | -41.68% | -35.57% | -6.11% |
Current DrawdownCurrent decline from peak | -3.27% | -6.66% | +3.39% |
Average DrawdownAverage peak-to-trough decline | -17.41% | -8.08% | -9.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.36% | 3.26% | +5.10% |
Volatility
1288.HK vs. ^NDX - Volatility Comparison
Agricultural Bank Of China (1288.HK) has a higher volatility of 9.20% compared to NASDAQ 100 Index (^NDX) at 7.16%. This indicates that 1288.HK's price experiences larger fluctuations and is considered to be riskier than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 1288.HK | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.20% | 7.16% | +2.04% |
Volatility (6M)Calculated over the trailing 6-month period | 16.86% | 15.43% | +1.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.00% | 18.75% | +4.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.05% | 22.97% | -0.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.98% | 22.64% | -0.66% |
Frequently Asked Questions
1288.HK and ^NDX have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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