1972.HK vs. HNGKY

Last updated Aug 1, 2026

1972.HK (Swire Properties Close Only) and HNGKY (Hong Kong Land Holdings Ltd ADR) are both stocks. Both are in the Real Estate sector — 1972.HK in Real Estate - Services, HNGKY in Real Estate - Development. Over the past 10 years, 1972.HK returned 5.63%/yr vs 7.12%/yr for HNGKY. Their 0.06 correlation means their historical movements had little consistent relationship.

Performance

1972.HK vs. HNGKY - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Swire Properties Close Only (1972.HK) and Hong Kong Land Holdings Ltd ADR (HNGKY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

1972.HK is traded in HKD, while HNGKY is traded in USD. To make them comparable, the HNGKY values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 1972.HK achieves a 17.91% return, which is significantly lower than HNGKY's 20.25% return. Over the past 10 years, 1972.HK has underperformed HNGKY with an annualized return of 5.63%, while HNGKY has yielded a comparatively higher 7.12% annualized return.

1972.HK

• 1D: -1.32%
• 1M: 13.38%
• 6M: 4.29%
• YTD: 17.91%
• 1Y: 22.71%
• 3Y*: 14.38%
• 5Y*: 7.51%
• 10Y*: 5.63%
• ALL TIME*: -3.10%

HNGKY

• 1D: -0.25%
• 1M: 14.51%
• 6M: -1.18%
• YTD: 20.25%
• 1Y: 32.23%
• 3Y*: 37.76%
• 5Y*: 17.93%
• 10Y*: 7.12%
• ALL TIME*: 6.78%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
1972.HK Swire Properties Close Only	HK$63.14M	HK$55.31M	HK$74.02M
HNGKY Hong Kong Land Holdings Ltd ADR	HK$3.55M	HK$6.15M	HK$9.12M

1972.HK vs. HNGKY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
1972.HK Swire Properties Close Only	17.91%	41.14%	7.22%	-15.94%	6.65%	-9.72%	-9.03%	-3.33%	12.22%	21.20%
HNGKY Hong Kong Land Holdings Ltd ADR	20.25%	68.71%	28.29%	-19.35%	-1.77%	27.08%	-23.26%	-2.53%	-11.92%	7.19%

Correlation

The correlation between 1972.HK and HNGKY is 0.26, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.26
Correlation (3Y) Balances recent behavior with more history.	0.19
Correlation (5Y) Shows whether the relationship held over a longer period.	0.19
Correlation (10Y) Provides a long-term view across more market conditions.	0.12
Correlation (All Time) Calculated using the full available price history since Sep 13, 2007	0.06

The correlation between 1972.HK and HNGKY shifts across timeframes, from 0.06 (all time) to 0.26 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

1972.HK vs. HNGKY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

1972.HK

1972.HK Risk / Return Rank: 66
1972.HK Sharpe Ratio Rank: 70
1972.HK Sortino Ratio Rank: 67
1972.HK Omega Ratio Rank: 64
1972.HK Calmar Ratio Rank: 65
1972.HK Martin Ratio Rank: 66

HNGKY

HNGKY Risk / Return Rank: 72
HNGKY Sharpe Ratio Rank: 73
HNGKY Sortino Ratio Rank: 70
HNGKY Omega Ratio Rank: 66
HNGKY Calmar Ratio Rank: 74
HNGKY Martin Ratio Rank: 73

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

1972.HK vs. HNGKY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Swire Properties Close Only (1972.HK) and Hong Kong Land Holdings Ltd ADR (HNGKY). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	1972.HK	HNGKY	Difference
Sharpe ratio: Return per unit of total volatility	0.81	0.92	-0.11
Sortino ratio: Return per unit of downside risk	1.36	1.50	-0.14
Omega ratio: Gain probability vs. loss probability	1.15	1.17	-0.02
Calmar ratio: Return relative to maximum drawdown	0.91	1.55	-0.64
Martin ratio: Return relative to average drawdown	2.27	3.54	-1.27

1972.HK vs. HNGKY - Sharpe Ratio Comparison

The current 1972.HK Sharpe Ratio is 0.81, which is comparable to the HNGKY Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of 1972.HK and HNGKY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

1972.HK vs. HNGKY - Drawdown Comparison

The maximum 1972.HK drawdown since its inception was -87.42%, which is greater than HNGKY's maximum drawdown of -53.25%. Use the drawdown chart below to compare losses from any high point for 1972.HK and HNGKY.

Drawdown Indicators

	1972.HK	HNGKY	Difference
Max Drawdown Largest peak-to-trough decline	-87.42%	-53.25%	-34.17%
Max Drawdown (1Y) Largest decline over 1 year	-21.80%	-21.65%	-0.15%
Max Drawdown (3Y) Largest decline over 3 years	-31.48%	-21.65%	-9.83%
Max Drawdown (5Y) Largest decline over 5 years	-41.61%	-43.17%	+1.56%
Max Drawdown (10Y) Largest decline over 10 years	-54.34%	-50.65%	-3.69%
Current Drawdown Current decline from peak	-69.11%	-9.04%	-60.07%
Average Drawdown Average peak-to-trough decline	-62.57%	-18.86%	-43.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.60%	9.47%	-0.87%

Volatility

1972.HK vs. HNGKY - Volatility Comparison

The current volatility for Swire Properties Close Only (1972.HK) is 7.02%, while Hong Kong Land Holdings Ltd ADR (HNGKY) has a volatility of 7.59%. This indicates that 1972.HK experiences smaller price fluctuations and is considered to be less risky than HNGKY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	1972.HK	HNGKY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.02%	7.59%	-0.57%
Volatility (6M) Calculated over the trailing 6-month period	19.72%	25.43%	-5.71%
Volatility (1Y) Calculated over the trailing 1-year period	24.48%	36.47%	-11.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.19%	38.58%	-12.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.72%	33.00%	-7.28%

Dividends

1972.HK vs. HNGKY - Dividend Comparison

1972.HK's dividend yield for the trailing twelve months is around 4.81%, more than HNGKY's 3.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
1972.HK Swire Properties Close Only	4.81%	5.29%	6.70%	6.39%	4.84%	4.71%	3.95%	3.33%	2.87%	2.90%	3.32%	2.99%
HNGKY Hong Kong Land Holdings Ltd ADR	3.07%	3.30%	5.06%	6.10%	5.78%	4.18%	5.05%	3.52%	3.02%	2.58%	2.64%	0.00%

Financials

Frequently Asked Questions

Can I hold both 1972.HK and HNGKY in my portfolio?

1972.HK and HNGKY have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.