1308.HK vs. MATX

Last updated Jun 5, 2026

1308.HK (SITC International Holdings Co Ltd) and MATX (Matson, Inc.) are both stocks. Both operate in the Marine Shipping industry within the Industrials sector. Over the past 10 years, 1308.HK returned 34.85%/yr vs 21.00%/yr for MATX. At a 0.07 correlation, their price movements are largely independent.

Performance

1308.HK vs. MATX - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in SITC International Holdings Co Ltd (1308.HK) and Matson, Inc. (MATX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

1308.HK is traded in HKD, while MATX is traded in USD. To make them comparable, the MATX values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 1308.HK achieves a 31.01% return, which is significantly lower than MATX's 53.24% return. Over the past 10 years, 1308.HK has outperformed MATX with an annualized return of 34.85%, while MATX has yielded a comparatively lower 21.00% annualized return.

1308.HK

• 1D: -0.52%
• 1M: 3.54%
• YTD: 31.01%
• 6M: 34.68%
• 1Y: 50.41%
• 3Y*: 50.80%
• 5Y*: 17.11%
• 10Y*: 34.85%

MATX

• 1D: 0.01%
• 1M: 2.13%
• YTD: 53.24%
• 6M: 62.64%
• 1Y: 68.64%
• 3Y*: 37.82%
• 5Y*: 26.30%
• 10Y*: 21.00%

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

1308.HK vs. MATX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
1308.HK SITC International Holdings Co Ltd	31.01%	50.42%	67.42%	-10.78%	-27.33%	81.87%	92.90%	36.05%	1.67%	70.60%
MATX Matson, Inc.	53.24%	-7.04%	23.66%	78.17%	-29.41%	61.22%	42.40%	29.63%	10.02%	-12.84%

Correlation

The correlation between 1308.HK and MATX is -0.04, 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	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.04
Correlation (10Y) Calculated over the trailing 10-year period	0.06
Correlation (All Time) Calculated using the full available price history since Oct 7, 2010	0.07

The correlation between 1308.HK and MATX shifts across timeframes, from -0.04 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.

Return for Risk

1308.HK vs. MATX — Risk / Return Rank

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

1308.HK

1308.HK Risk / Return Rank: 81
1308.HK Sharpe Ratio Rank: 83
1308.HK Sortino Ratio Rank: 79
1308.HK Omega Ratio Rank: 76
1308.HK Calmar Ratio Rank: 84
1308.HK Martin Ratio Rank: 82

MATX

MATX Risk / Return Rank: 85
MATX Sharpe Ratio Rank: 87
MATX Sortino Ratio Rank: 86
MATX Omega Ratio Rank: 83
MATX Calmar Ratio Rank: 82
MATX Martin Ratio Rank: 86

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.

1308.HK vs. MATX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SITC International Holdings Co Ltd (1308.HK) and Matson, Inc. (MATX). 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.

	1308.HK	MATX	Difference
Sharpe ratio: Return per unit of total volatility	1.59	1.92	-0.33
Sortino ratio: Return per unit of downside risk	2.26	2.80	-0.54
Omega ratio: Gain probability vs. loss probability	1.27	1.34	-0.07
Calmar ratio: Return relative to maximum drawdown	3.22	2.79	+0.42
Martin ratio: Return relative to average drawdown	7.46	8.49	-1.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

1308.HK vs. MATX - Sharpe Ratio Comparison

The current 1308.HK Sharpe Ratio is 1.59, which is comparable to the MATX Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of 1308.HK and MATX, 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

	1308.HK	MATX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	1.92	-0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	0.66	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.87	0.50	+0.37
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.21	+0.35

Drawdowns

1308.HK vs. MATX - Drawdown Comparison

The maximum 1308.HK drawdown since its inception was -71.52%, roughly equal to the maximum MATX drawdown of -71.64%. Use the drawdown chart below to compare losses from any high point for 1308.HK and MATX.

Drawdown Indicators

	1308.HK	MATX	Difference
Max Drawdown Largest peak-to-trough decline	-71.52%	-71.64%	+0.12%
Max Drawdown (1Y) Largest decline over 1 year	-16.33%	-24.71%	+8.38%
Max Drawdown (3Y) Largest decline over 3 years	-32.91%	-46.89%	+13.98%
Max Drawdown (5Y) Largest decline over 5 years	-57.13%	-53.50%	-3.63%
Max Drawdown (10Y) Largest decline over 10 years	-57.13%	-53.50%	-3.63%
Current Drawdown Current decline from peak	-3.42%	-0.68%	-2.74%
Average Drawdown Average peak-to-trough decline	-23.16%	-29.27%	+6.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.96%	8.11%	-1.15%

Volatility

1308.HK vs. MATX - Volatility Comparison

The current volatility for SITC International Holdings Co Ltd (1308.HK) is 8.27%, while Matson, Inc. (MATX) has a volatility of 8.93%. This indicates that 1308.HK experiences smaller price fluctuations and is considered to be less risky than MATX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	1308.HK	MATX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.27%	8.93%	-0.66%
Volatility (6M) Calculated over the trailing 6-month period	22.05%	24.77%	-2.72%
Volatility (1Y) Calculated over the trailing 1-year period	33.03%	35.95%	-2.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.24%	39.73%	+6.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.35%	42.18%	-0.83%

Dividends

1308.HK vs. MATX - Dividend Comparison

1308.HK's dividend yield for the trailing twelve months is around 8.70%, more than MATX's 0.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
1308.HK SITC International Holdings Co Ltd	8.70%	9.69%	7.83%	16.32%	21.89%	8.51%	4.72%	4.63%	6.10%	3.37%	5.51%	5.35%
MATX Matson, Inc.	0.77%	1.13%	0.98%	1.15%	1.95%	1.18%	1.58%	2.11%	2.56%	2.61%	2.09%	1.64%

Financials

Frequently Asked Questions

Can I hold both 1308.HK and MATX in my portfolio?

1308.HK and MATX have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.