1833.HK vs. 2318.HK

Last updated Jun 5, 2026

1833.HK (Ping An Healthcare and Technology Company Ltd) and 2318.HK (Ping An Insurance) are both stocks. 1833.HK operates in Health Information Services (Healthcare), while 2318.HK operates in Insurance - Life (Financial Services). Over the past 5 years, 1833.HK returned -22.91%/yr vs -1.36%/yr for 2318.HK. At a 0.45 correlation, their price movements are largely independent.

Performance

1833.HK vs. 2318.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Ping An Healthcare and Technology Company Ltd (1833.HK) and Ping An Insurance (2318.HK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 1833.HK achieves a -37.36% return, which is significantly lower than 2318.HK's -9.39% return.

1833.HK

• 1D: -2.54%
• 1M: -18.03%
• YTD: -37.36%
• 6M: -39.05%
• 1Y: 24.93%
• 3Y*: 7.48%
• 5Y*: -22.91%
• 10Y*: —

2318.HK

• 1D: -1.30%
• 1M: -8.05%
• YTD: -9.39%
• 6M: -2.34%
• 1Y: 30.71%
• 3Y*: 10.83%
• 5Y*: -1.36%
• 10Y*: 9.65%

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

1833.HK vs. 2318.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
1833.HK Ping An Healthcare and Technology Company Ltd	-37.36%	127.10%	-1.91%	-16.62%	-24.87%	-69.84%	65.35%	105.98%	-49.64%
2318.HK Ping An Insurance	-9.39%	49.42%	39.67%	-27.80%	-2.29%	-38.58%	6.19%	36.50%	-4.98%

Correlation

The correlation between 1833.HK and 2318.HK is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (All Time) Calculated using the full available price history since May 7, 2018	0.45

The correlation between 1833.HK and 2318.HK has been stable across timeframes, ranging from 0.42 to 0.52 - a consistent structural relationship.

Return for Risk

1833.HK vs. 2318.HK — Risk / Return Rank

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

1833.HK

1833.HK Risk / Return Rank: 54
1833.HK Sharpe Ratio Rank: 58
1833.HK Sortino Ratio Rank: 58
1833.HK Omega Ratio Rank: 53
1833.HK Calmar Ratio Rank: 51
1833.HK Martin Ratio Rank: 50

2318.HK

2318.HK Risk / Return Rank: 70
2318.HK Sharpe Ratio Rank: 74
2318.HK Sortino Ratio Rank: 70
2318.HK Omega Ratio Rank: 67
2318.HK Calmar Ratio Rank: 69
2318.HK Martin Ratio Rank: 70

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.

1833.HK vs. 2318.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ping An Healthcare and Technology Company Ltd (1833.HK) and Ping An Insurance (2318.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.

	1833.HK	2318.HK	Difference
Sharpe ratio: Return per unit of total volatility	0.49	1.11	-0.62
Sortino ratio: Return per unit of downside risk	1.17	1.73	-0.56
Omega ratio: Gain probability vs. loss probability	1.12	1.20	-0.08
Calmar ratio: Return relative to maximum drawdown	0.42	1.48	-1.06
Martin ratio: Return relative to average drawdown	0.76	3.66	-2.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

1833.HK vs. 2318.HK - Sharpe Ratio Comparison

The current 1833.HK Sharpe Ratio is 0.49, which is lower than the 2318.HK Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of 1833.HK and 2318.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

	1833.HK	2318.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.49	1.11	-0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.41	-0.03	-0.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	0.39	-0.56

Drawdowns

1833.HK vs. 2318.HK - Drawdown Comparison

The maximum 1833.HK drawdown since its inception was -93.28%, which is greater than 2318.HK's maximum drawdown of -79.19%. Use the drawdown chart below to compare losses from any high point for 1833.HK and 2318.HK.

Drawdown Indicators

	1833.HK	2318.HK	Difference
Max Drawdown Largest peak-to-trough decline	-93.28%	-79.19%	-14.09%
Max Drawdown (1Y) Largest decline over 1 year	-62.45%	-21.72%	-40.73%
Max Drawdown (3Y) Largest decline over 3 years	-62.45%	-45.88%	-16.57%
Max Drawdown (5Y) Largest decline over 5 years	-90.36%	-58.30%	-32.06%
Max Drawdown (10Y) Largest decline over 10 years	—	-66.38%	—
Current Drawdown Current decline from peak	-82.13%	-24.49%	-57.64%
Average Drawdown Average peak-to-trough decline	-58.31%	-30.55%	-27.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.66%	8.67%	+25.99%

Volatility

1833.HK vs. 2318.HK - Volatility Comparison

Ping An Healthcare and Technology Company Ltd (1833.HK) has a higher volatility of 9.95% compared to Ping An Insurance (2318.HK) at 5.00%. This indicates that 1833.HK's price experiences larger fluctuations and is considered to be riskier than 2318.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	1833.HK	2318.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.95%	5.00%	+4.95%
Volatility (6M) Calculated over the trailing 6-month period	31.81%	22.44%	+9.37%
Volatility (1Y) Calculated over the trailing 1-year period	54.21%	29.02%	+25.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.42%	40.55%	+16.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.49%	33.21%	+22.28%

Dividends

1833.HK vs. 2318.HK - Dividend Comparison

1833.HK has not paid dividends to shareholders, while 2318.HK's dividend yield for the trailing twelve months is around 5.37%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
1833.HK Ping An Healthcare and Technology Company Ltd	0.00%	0.00%	156.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
2318.HK Ping An Insurance	5.37%	4.30%	5.79%	7.68%	5.55%	4.86%	2.44%	2.30%	3.16%	1.50%	1.67%	1.98%

Financials

Frequently Asked Questions

Can I hold both 1833.HK and 2318.HK in my portfolio?

1833.HK and 2318.HK have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.