1336.HK vs. 1299.HK

Last updated Apr 4, 2026

Compare and contrast key facts about New China Life Insurance (1336.HK) and AIA Group Ltd (1299.HK).

Performance

1336.HK vs. 1299.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in New China Life Insurance (1336.HK) and AIA Group Ltd (1299.HK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 1336.HK achieves a -15.58% return, which is significantly lower than 1299.HK's 7.82% return. Over the past 10 years, 1336.HK has outperformed 1299.HK with an annualized return of 10.65%, while 1299.HK has yielded a comparatively lower 9.21% annualized return.

1336.HK

• 1D: -2.30%
• 1M: -12.28%
• YTD: -15.58%
• 6M: 1.95%
• 1Y: 59.89%
• 3Y*: 43.58%
• 5Y*: 16.60%
• 10Y*: 10.65%

1299.HK

• 1D: -1.54%
• 1M: 1.23%
• YTD: 7.82%
• 6M: 16.03%
• 1Y: 48.40%
• 3Y*: 3.57%
• 5Y*: 0.24%
• 10Y*: 9.21%

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

1336.HK vs. 1299.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
1336.HK New China Life Insurance	-15.58%	146.51%	68.38%	-15.52%	-0.67%	-25.84%	-6.00%	10.32%	-40.62%	52.03%
1299.HK AIA Group Ltd	7.82%	45.95%	-15.02%	-19.98%	12.60%	-16.49%	18.84%	27.95%	-1.04%	54.78%

Correlation

The correlation between 1336.HK and 1299.HK is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners. Combining low-correlation assets is one of the most reliable ways to reduce portfolio risk without sacrificing expected returns.

Return for Risk

1336.HK vs. 1299.HK — Risk / Return Rank

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

1336.HK

1336.HK Risk / Return Rank: 76
1336.HK Sharpe Ratio Rank: 78
1336.HK Sortino Ratio Rank: 71
1336.HK Omega Ratio Rank: 70
1336.HK Calmar Ratio Rank: 79
1336.HK Martin Ratio Rank: 82

1299.HK

1299.HK Risk / Return Rank: 81
1299.HK Sharpe Ratio Rank: 82
1299.HK Sortino Ratio Rank: 75
1299.HK Omega Ratio Rank: 76
1299.HK Calmar Ratio Rank: 84
1299.HK Martin Ratio Rank: 87

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.

1336.HK vs. 1299.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for New China Life Insurance (1336.HK) and AIA Group Ltd (1299.HK). 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.

	1336.HK	1299.HK	Difference
Sharpe ratio Return per unit of total volatility	1.23	1.40	-0.17
Sortino ratio Return per unit of downside risk	1.70	1.93	-0.23
Omega ratio Gain probability vs. loss probability	1.23	1.26	-0.04
Calmar ratio Return relative to maximum drawdown	2.48	3.01	-0.53
Martin ratio Return relative to average drawdown	7.36	9.69	-2.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

1336.HK vs. 1299.HK - Sharpe Ratio Comparison

The current 1336.HK Sharpe Ratio is 1.23, which is comparable to the 1299.HK Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of 1336.HK and 1299.HK, 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

	1336.HK	1299.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.23	1.40	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	0.01	+0.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.28	0.32	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.38	-0.18

Drawdowns

1336.HK vs. 1299.HK - Drawdown Comparison

The maximum 1336.HK drawdown since its inception was -71.90%, which is greater than 1299.HK's maximum drawdown of -55.42%. Use the drawdown chart below to compare losses from any high point for 1336.HK and 1299.HK.

Drawdown Indicators

	1336.HK	1299.HK	Difference
Max Drawdown Largest peak-to-trough decline	-71.90%	-55.42%	-16.48%
Max Drawdown (1Y) Largest decline over 1 year	-30.22%	-16.26%	-13.96%
Max Drawdown (5Y) Largest decline over 5 years	-52.81%	-53.42%	+0.61%
Max Drawdown (10Y) Largest decline over 10 years	-71.90%	-55.42%	-16.48%
Current Drawdown Current decline from peak	-29.58%	-11.81%	-17.77%
Average Drawdown Average peak-to-trough decline	-35.05%	-14.52%	-20.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.19%	5.30%	+4.89%

Volatility

1336.HK vs. 1299.HK - Volatility Comparison

The current volatility for New China Life Insurance (1336.HK) is 12.09%, while AIA Group Ltd (1299.HK) has a volatility of 15.92%. This indicates that 1336.HK experiences smaller price fluctuations and is considered to be less risky than 1299.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	1336.HK	1299.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.09%	15.92%	-3.83%
Volatility (6M) Calculated over the trailing 6-month period	29.53%	25.61%	+3.92%
Volatility (1Y) Calculated over the trailing 1-year period	43.71%	34.66%	+9.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.47%	32.24%	+10.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.51%	29.83%	+9.68%

Dividends

1336.HK vs. 1299.HK - Dividend Comparison

1336.HK's dividend yield for the trailing twelve months is around 6.35%, more than 1299.HK's 2.09% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
1336.HK New China Life Insurance	6.35%	5.36%	6.46%	7.74%	8.84%	8.00%	5.13%	2.62%	2.02%	1.03%	0.93%	0.82%
1299.HK AIA Group Ltd	2.09%	2.25%	2.91%	2.29%	1.71%	1.76%	1.34%	1.56%	1.59%	1.34%	1.67%	1.13%

Financials