1288.HK vs. ^NDX
Compare and contrast key facts about Agricultural Bank Of China (1288.HK) and NASDAQ 100 (^NDX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 1288.HK or ^NDX.
Correlation
The correlation between 1288.HK and ^NDX is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
1288.HK vs. ^NDX - Performance Comparison
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Key characteristics
1288.HK:
1.63
^NDX:
0.56
1288.HK:
2.36
^NDX:
0.96
1288.HK:
1.33
^NDX:
1.13
1288.HK:
3.04
^NDX:
0.63
1288.HK:
11.28
^NDX:
2.06
1288.HK:
4.69%
^NDX:
7.03%
1288.HK:
27.92%
^NDX:
25.49%
1288.HK:
-51.04%
^NDX:
-82.90%
1288.HK:
-3.95%
^NDX:
-6.61%
Returns By Period
In the year-to-date period, 1288.HK achieves a 12.92% return, which is significantly higher than ^NDX's -1.44% return. Over the past 10 years, 1288.HK has underperformed ^NDX with an annualized return of 9.33%, while ^NDX has yielded a comparatively higher 16.55% annualized return.
1288.HK
12.92%
9.71%
24.44%
43.47%
18.92%
9.33%
^NDX
-1.44%
10.80%
-1.93%
14.03%
17.91%
16.55%
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Risk-Adjusted Performance
1288.HK vs. ^NDX — Risk-Adjusted Performance Rank
1288.HK
^NDX
1288.HK vs. ^NDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Agricultural Bank Of China (1288.HK) and NASDAQ 100 (^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.
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Drawdowns
1288.HK vs. ^NDX - Drawdown Comparison
The maximum 1288.HK drawdown since its inception was -51.04%, smaller than the maximum ^NDX drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for 1288.HK and ^NDX. For additional features, visit the drawdowns tool.
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Volatility
1288.HK vs. ^NDX - Volatility Comparison
The current volatility for Agricultural Bank Of China (1288.HK) is 5.83%, while NASDAQ 100 (^NDX) has a volatility of 7.23%. This indicates that 1288.HK experiences smaller price fluctuations and is considered to be less risky than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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