1928.HK vs. 0027.HK

Last updated Jun 5, 2026

1928.HK (Sands China Ltd) and 0027.HK (Galaxy Entertainment Group Ltd) are both stocks. Both operate in the Resorts & Casinos industry within the Consumer Cyclical sector. Over the past 10 years, 1928.HK returned -2.99%/yr vs 3.85%/yr for 0027.HK. A 0.75 correlation means they provide meaningful diversification when combined.

Performance

1928.HK vs. 0027.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Sands China Ltd (1928.HK) and Galaxy Entertainment Group Ltd (0027.HK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 1928.HK achieves a -16.95% return, which is significantly lower than 0027.HK's -14.60% return. Over the past 10 years, 1928.HK has underperformed 0027.HK with an annualized return of -2.99%, while 0027.HK has yielded a comparatively higher 3.85% annualized return.

1928.HK

• 1D: -1.68%
• 1M: 0.23%
• YTD: -16.95%
• 6M: -23.94%
• 1Y: 4.69%
• 3Y*: -14.18%
• 5Y*: -13.38%
• 10Y*: -2.99%

0027.HK

• 1D: -0.62%
• 1M: -0.71%
• YTD: -14.60%
• 6M: -17.73%
• 1Y: -1.66%
• 3Y*: -11.56%
• 5Y*: -11.29%
• 10Y*: 3.85%

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

1928.HK vs. 0027.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
1928.HK Sands China Ltd	-16.95%	-3.50%	-8.53%	-11.78%	42.62%	-46.67%	-16.06%	28.34%	-11.25%	26.87%
0027.HK Galaxy Entertainment Group Ltd	-14.60%	20.00%	-22.76%	-14.88%	28.55%	-32.95%	6.05%	17.31%	-19.35%	87.82%

Correlation

The correlation between 1928.HK and 0027.HK is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (10Y) Calculated over the trailing 10-year period	0.79
Correlation (All Time) Calculated using the full available price history since Dec 1, 2009	0.75

The correlation between 1928.HK and 0027.HK has been stable across timeframes, ranging from 0.75 to 0.80 - a consistent structural relationship.

Return for Risk

1928.HK vs. 0027.HK — Risk / Return Rank

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

1928.HK

1928.HK Risk / Return Rank: 42
1928.HK Sharpe Ratio Rank: 45
1928.HK Sortino Ratio Rank: 40
1928.HK Omega Ratio Rank: 39
1928.HK Calmar Ratio Rank: 44
1928.HK Martin Ratio Rank: 44

0027.HK

0027.HK Risk / Return Rank: 38
0027.HK Sharpe Ratio Rank: 40
0027.HK Sortino Ratio Rank: 35
0027.HK Omega Ratio Rank: 34
0027.HK Calmar Ratio Rank: 40
0027.HK Martin Ratio Rank: 40

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.

1928.HK vs. 0027.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sands China Ltd (1928.HK) and Galaxy Entertainment Group Ltd (0027.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.

	1928.HK	0027.HK	Difference
Sharpe ratio: Return per unit of total volatility	0.11	-0.02	+0.13
Sortino ratio: Return per unit of downside risk	0.41	0.18	+0.23
Omega ratio: Gain probability vs. loss probability	1.05	1.02	+0.03
Calmar ratio: Return relative to maximum drawdown	0.13	-0.02	+0.14
Martin ratio: Return relative to average drawdown	0.25	-0.04	+0.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

1928.HK vs. 0027.HK - Sharpe Ratio Comparison

The current 1928.HK Sharpe Ratio is 0.11, which is higher than the 0027.HK Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of 1928.HK and 0027.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

	1928.HK	0027.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.11	-0.02	+0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.28	-0.30	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.07	0.11	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.25	-0.10

Drawdowns

1928.HK vs. 0027.HK - Drawdown Comparison

The maximum 1928.HK drawdown since its inception was -73.04%, smaller than the maximum 0027.HK drawdown of -94.53%. Use the drawdown chart below to compare losses from any high point for 1928.HK and 0027.HK.

Drawdown Indicators

	1928.HK	0027.HK	Difference
Max Drawdown Largest peak-to-trough decline	-73.04%	-94.53%	+21.49%
Max Drawdown (1Y) Largest decline over 1 year	-30.68%	-27.46%	-3.22%
Max Drawdown (3Y) Largest decline over 3 years	-58.38%	-53.68%	-4.70%
Max Drawdown (5Y) Largest decline over 5 years	-63.11%	-58.20%	-4.91%
Max Drawdown (10Y) Largest decline over 10 years	-70.75%	-66.22%	-4.53%
Current Drawdown Current decline from peak	-64.78%	-55.28%	-9.50%
Average Drawdown Average peak-to-trough decline	-33.62%	-45.26%	+11.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.18%	12.39%	+2.79%

Volatility

1928.HK vs. 0027.HK - Volatility Comparison

Sands China Ltd (1928.HK) has a higher volatility of 7.22% compared to Galaxy Entertainment Group Ltd (0027.HK) at 6.86%. This indicates that 1928.HK's price experiences larger fluctuations and is considered to be riskier than 0027.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	1928.HK	0027.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.22%	6.86%	+0.36%
Volatility (6M) Calculated over the trailing 6-month period	21.70%	19.15%	+2.55%
Volatility (1Y) Calculated over the trailing 1-year period	34.30%	29.00%	+5.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.46%	38.03%	+10.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.62%	37.65%	+3.97%

Dividends

1928.HK vs. 0027.HK - Dividend Comparison

1928.HK's dividend yield for the trailing twelve months is around 4.76%, more than 0027.HK's 4.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0027.HK Galaxy Entertainment Group Ltd	4.70%	3.13%	2.42%	0.46%	0.58%	0.00%	0.75%	1.59%	1.83%	0.94%	0.98%	1.72%
1928.HK Sands China Ltd	4.76%	2.55%	0.00%	0.00%	0.00%	0.00%	2.91%	4.78%	5.80%	4.93%	5.91%	7.50%

Financials

Frequently Asked Questions

Can I hold both 1928.HK and 0027.HK in my portfolio?

1928.HK and 0027.HK have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.