1816.HK vs. ^GSPC

Last updated Apr 3, 2026

Compare and contrast key facts about CGN Power (1816.HK) and S&P 500 Index (^GSPC).

Performance

1816.HK vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in CGN Power (1816.HK) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

1816.HK vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
1816.HK CGN Power	20.14%	7.04%	44.53%	15.25%	-17.57%	49.92%	-15.94%	16.35%	-8.90%	2.08%
^GSPC S&P 500 Index	-3.16%	16.61%	22.67%	24.22%	-19.31%	27.58%	15.74%	28.20%	-6.03%	20.34%

Different Trading Currencies

1816.HK is traded in HKD, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 1816.HK achieves a 20.14% return, which is significantly higher than ^GSPC's -3.29% return. Over the past 10 years, 1816.HK has underperformed ^GSPC with an annualized return of 7.26%, while ^GSPC has yielded a comparatively higher 12.39% annualized return.

1816.HK

• 1D: 1.44%
• 1M: 12.46%
• YTD: 20.14%
• 6M: 20.96%
• 1Y: 46.60%
• 3Y*: 28.00%
• 5Y*: 18.90%
• 10Y*: 7.26%

^GSPC

• 1D: 0.00%
• 1M: -3.14%
• YTD: -3.29%
• 6M: -1.41%
• 1Y: 16.76%
• 3Y*: 16.75%
• 5Y*: 10.51%
• 10Y*: 12.39%

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

Return for Risk

1816.HK vs. ^GSPC — Risk / Return Rank

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

1816.HK

1816.HK Risk / Return Rank: 84
1816.HK Sharpe Ratio Rank: 87
1816.HK Sortino Ratio Rank: 84
1816.HK Omega Ratio Rank: 82
1816.HK Calmar Ratio Rank: 86
1816.HK Martin Ratio Rank: 84

^GSPC

^GSPC Risk / Return Rank: 58
^GSPC Sharpe Ratio Rank: 52
^GSPC Sortino Ratio Rank: 55
^GSPC Omega Ratio Rank: 59
^GSPC Calmar Ratio Rank: 52
^GSPC Martin Ratio Rank: 71

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.

1816.HK vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CGN Power (1816.HK) and S&P 500 Index (^GSPC). 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.

	1816.HK	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.75	0.92	+0.83
Sortino ratio Return per unit of downside risk	2.44	1.41	+1.02
Omega ratio Gain probability vs. loss probability	1.31	1.22	+0.10
Calmar ratio Return relative to maximum drawdown	3.33	1.43	+1.89
Martin ratio Return relative to average drawdown	8.22	6.73	+1.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

1816.HK vs. ^GSPC - Sharpe Ratio Comparison

The current 1816.HK Sharpe Ratio is 1.75, which is higher than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of 1816.HK and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	1816.HK	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.75	0.92	+0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.63	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.28	0.69	-0.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.42	-0.27

Correlation

The correlation between 1816.HK and ^GSPC is 0.06, 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.

Drawdowns

1816.HK vs. ^GSPC - Drawdown Comparison

The maximum 1816.HK drawdown since its inception was -68.29%, which is greater than ^GSPC's maximum drawdown of -56.80%. Use the drawdown chart below to compare losses from any high point for 1816.HK and ^GSPC.

Drawdown Indicators

	1816.HK	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-68.29%	-56.78%	-11.51%
Max Drawdown (1Y) Largest decline over 1 year	-12.81%	-9.10%	-3.71%
Max Drawdown (5Y) Largest decline over 5 years	-35.46%	-25.43%	-10.03%
Max Drawdown (10Y) Largest decline over 10 years	-36.98%	-33.92%	-3.06%
Current Drawdown Current decline from peak	-5.88%	-5.67%	-0.21%
Average Drawdown Average peak-to-trough decline	-47.43%	-10.75%	-36.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.18%	2.62%	+2.56%

Volatility

1816.HK vs. ^GSPC - Volatility Comparison

CGN Power (1816.HK) has a higher volatility of 11.55% compared to S&P 500 Index (^GSPC) at 5.23%. This indicates that 1816.HK's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	1816.HK	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.55%	5.23%	+6.32%
Volatility (6M) Calculated over the trailing 6-month period	19.19%	9.52%	+9.67%
Volatility (1Y) Calculated over the trailing 1-year period	27.39%	18.31%	+9.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.89%	16.89%	+13.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.79%	18.01%	+8.78%