1398.HK vs. 3988.HK
Compare and contrast key facts about Industrial and Commercial Bank of China (1398.HK) and Bank of China Limited (3988.HK).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 1398.HK or 3988.HK.
Key characteristics
| 1398.HK | 3988.HK | |
|---|---|---|
| YTD Return | 22.10% | 24.45% |
| 1Y Return | 22.10% | 34.86% |
| 3Y Return (Ann) | 8.49% | 17.20% |
| 5Y Return (Ann) | 3.44% | 10.67% |
| 10Y Return (Ann) | 4.85% | 6.57% |
| Sharpe Ratio | 1.09 | 1.86 |
| Daily Std Dev | 21.99% | 20.48% |
| Max Drawdown | -61.25% | -66.12% |
| Current Drawdown | -9.21% | -6.35% |
Fundamentals
| 1398.HK | 3988.HK | |
|---|---|---|
| Market Cap | HK$2.05T | HK$1.36T |
| EPS | HK$1.00 | HK$0.79 |
| PE Ratio | 4.04 | 4.30 |
| PEG Ratio | 1.13 | 1.16 |
| Total Revenue (TTM) | HK$810.97B | HK$619.74B |
Correlation
The correlation between 1398.HK and 3988.HK is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
1398.HK vs. 3988.HK - Performance Comparison
In the year-to-date period, 1398.HK achieves a 22.10% return, which is significantly lower than 3988.HK's 24.45% return. Over the past 10 years, 1398.HK has underperformed 3988.HK with an annualized return of 4.85%, while 3988.HK has yielded a comparatively higher 6.57% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
1398.HK vs. 3988.HK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Industrial and Commercial Bank of China (1398.HK) and Bank of China Limited (3988.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.
Dividends
1398.HK vs. 3988.HK - Dividend Comparison
1398.HK's dividend yield for the trailing twelve months is around 7.74%, more than 3988.HK's 7.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
1398.HK Industrial and Commercial Bank of China | 7.74% | 8.62% | 8.54% | 7.27% | 5.74% | 4.75% | 5.19% | 4.25% | 5.92% | 6.92% | 5.82% | 5.78% |
3988.HK Bank of China Limited | 7.51% | 8.45% | 9.12% | 8.46% | 7.90% | 6.33% | 6.26% | 5.01% | 6.02% | 6.86% | 5.65% | 6.15% |
Drawdowns
1398.HK vs. 3988.HK - Drawdown Comparison
The maximum 1398.HK drawdown since its inception was -61.25%, smaller than the maximum 3988.HK drawdown of -66.12%. Use the drawdown chart below to compare losses from any high point for 1398.HK and 3988.HK. For additional features, visit the drawdowns tool.
Volatility
1398.HK vs. 3988.HK - Volatility Comparison
Industrial and Commercial Bank of China (1398.HK) has a higher volatility of 7.24% compared to Bank of China Limited (3988.HK) at 6.15%. This indicates that 1398.HK's price experiences larger fluctuations and is considered to be riskier than 3988.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
1398.HK vs. 3988.HK - Financials Comparison
This section allows you to compare key financial metrics between Industrial and Commercial Bank of China and Bank of China Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities