2318.HK vs. LRN

Last updated Jun 13, 2026

2318.HK (Ping An Insurance) and LRN (Stride, Inc.) are both stocks. 2318.HK operates in Insurance - Life (Financial Services), while LRN operates in Education & Training Services (Consumer Defensive). Over the past 10 years, 2318.HK returned 9.85%/yr vs 23.92%/yr for LRN. At a 0.06 correlation, their price movements are largely independent.

Performance

2318.HK vs. LRN - Performance Comparison

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

Different Trading Currencies

2318.HK is traded in HKD, while LRN is traded in USD. To make them comparable, the LRN values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 2318.HK achieves a -9.25% return, which is significantly lower than LRN's 51.49% return. Over the past 10 years, 2318.HK has underperformed LRN with an annualized return of 9.85%, while LRN has yielded a comparatively higher 23.92% annualized return.

2318.HK

• 1D: 0.53%
• 1M: -6.89%
• YTD: -9.25%
• 6M: -7.25%
• 1Y: 26.25%
• 3Y*: 9.47%
• 5Y*: -1.11%
• 10Y*: 9.85%

LRN

• 1D: -1.78%
• 1M: 10.57%
• YTD: 51.49%
• 6M: 52.49%
• 1Y: -31.91%
• 3Y*: 33.91%
• 5Y*: 26.51%
• 10Y*: 23.92%

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

2318.HK vs. LRN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
2318.HK Ping An Insurance	-9.25%	49.42%	39.68%	-27.80%	-2.29%	-38.58%	6.19%	36.50%	-13.93%	114.12%
LRN Stride, Inc.	51.49%	-37.40%	74.15%	89.78%	-5.99%	57.85%	3.86%	-18.34%	56.26%	-6.63%

Correlation

The correlation between 2318.HK and LRN is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.12
Correlation (3Y) Calculated over the trailing 3-year period	-0.04
Correlation (5Y) Calculated over the trailing 5-year period	-0.02
Correlation (10Y) Calculated over the trailing 10-year period	0.01
Correlation (All Time) Calculated using the full available price history since Dec 13, 2007	0.06

The correlation between 2318.HK and LRN shifts across timeframes, from -0.12 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.

Return for Risk

2318.HK vs. LRN — Risk / Return Rank

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

2318.HK

2318.HK Risk / Return Rank: 66
2318.HK Sharpe Ratio Rank: 70
2318.HK Sortino Ratio Rank: 66
2318.HK Omega Ratio Rank: 63
2318.HK Calmar Ratio Rank: 65
2318.HK Martin Ratio Rank: 66

LRN

LRN Risk / Return Rank: 27
LRN Sharpe Ratio Rank: 22
LRN Sortino Ratio Rank: 30
LRN Omega Ratio Rank: 27
LRN Calmar Ratio Rank: 26
LRN Martin Ratio Rank: 29

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.

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

This table presents a comparison of risk-adjusted performance metrics for Ping An Insurance (2318.HK) and Stride, Inc. (LRN). 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.

	2318.HK	LRN	Difference
Sharpe ratio: Return per unit of total volatility	0.86	-0.47	+1.33
Sortino ratio: Return per unit of downside risk	1.41	-0.10	+1.51
Omega ratio: Gain probability vs. loss probability	1.17	0.97	+0.19
Calmar ratio: Return relative to maximum drawdown	1.13	-0.49	+1.62
Martin ratio: Return relative to average drawdown	2.65	-0.75	+3.40

2318.HK vs. LRN - Sharpe Ratio Comparison

The current 2318.HK Sharpe Ratio is 0.86, which is higher than the LRN Sharpe Ratio of -0.47. The chart below compares the historical Sharpe Ratios of 2318.HK and LRN, 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

2318.HK vs. LRN - Drawdown Comparison

The maximum 2318.HK drawdown since its inception was -78.96%, roughly equal to the maximum LRN drawdown of -81.42%. Use the drawdown chart below to compare losses from any high point for 2318.HK and LRN.

Drawdown Indicators

	2318.HK	LRN	Difference
Max Drawdown Largest peak-to-trough decline	-78.96%	-81.42%	+2.46%
Max Drawdown (1Y) Largest decline over 1 year	-21.72%	-64.11%	+42.39%
Max Drawdown (3Y) Largest decline over 3 years	-45.88%	-64.11%	+18.23%
Max Drawdown (5Y) Largest decline over 5 years	-57.33%	-64.11%	+6.78%
Max Drawdown (10Y) Largest decline over 10 years	-66.38%	-64.11%	-2.27%
Current Drawdown Current decline from peak	-24.37%	-42.15%	+17.78%
Average Drawdown Average peak-to-trough decline	-30.37%	-36.17%	+5.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.19%	42.03%	-32.84%

Volatility

2318.HK vs. LRN - Volatility Comparison

The current volatility for Ping An Insurance (2318.HK) is 3.60%, while Stride, Inc. (LRN) has a volatility of 8.19%. This indicates that 2318.HK experiences smaller price fluctuations and is considered to be less risky than LRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	2318.HK	LRN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	8.19%	-4.59%
Volatility (6M) Calculated over the trailing 6-month period	22.35%	24.17%	-1.82%
Volatility (1Y) Calculated over the trailing 1-year period	28.62%	66.70%	-38.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.50%	51.41%	-10.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.15%	49.22%	-16.07%

Dividends

2318.HK vs. LRN - Dividend Comparison

2318.HK's dividend yield for the trailing twelve months is around 5.34%, while LRN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
2318.HK Ping An Insurance	5.34%	4.30%	5.80%	7.68%	5.55%	4.86%	2.44%	2.30%	1.38%	1.50%	1.67%	1.24%
LRN Stride, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

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

2318.HK and LRN have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.