2357.HK vs. 0696.HK

Last updated Jun 5, 2026

2357.HK (AviChina Industry & Technology Co Ltd) and 0696.HK (TravelSky Technology Ltd) are both stocks. 2357.HK operates in Aerospace & Defense (Industrials), while 0696.HK operates in Information Technology Services (Technology). Over the past 10 years, 2357.HK returned -3.71%/yr vs -4.33%/yr for 0696.HK. At a 0.29 correlation, their price movements are largely independent.

Performance

2357.HK vs. 0696.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in AviChina Industry & Technology Co Ltd (2357.HK) and TravelSky Technology Ltd (0696.HK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 2357.HK achieves a -18.77% return, which is significantly lower than 0696.HK's -12.35% return. Over the past 10 years, 2357.HK has outperformed 0696.HK with an annualized return of -3.71%, while 0696.HK has yielded a comparatively lower -4.33% annualized return.

2357.HK

• 1D: -0.63%
• 1M: -8.12%
• YTD: -18.77%
• 6M: -19.98%
• 1Y: -19.38%
• 3Y*: -4.60%
• 5Y*: -6.81%
• 10Y*: -3.71%

0696.HK

• 1D: -1.10%
• 1M: -9.08%
• YTD: -12.35%
• 6M: -15.95%
• 1Y: -18.43%
• 3Y*: -14.65%
• 5Y*: -10.93%
• 10Y*: -4.33%

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

2357.HK vs. 0696.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
2357.HK AviChina Industry & Technology Co Ltd	-18.77%	5.20%	18.29%	-2.41%	-33.50%	0.78%	55.63%	-28.12%	19.21%	-21.75%
0696.HK TravelSky Technology Ltd	-12.35%	1.30%	-21.55%	-17.86%	26.36%	-29.76%	0.47%	-3.32%	-13.34%	45.48%

Correlation

The correlation between 2357.HK and 0696.HK is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since Oct 31, 2003	0.29

The correlation between 2357.HK and 0696.HK shifts across timeframes, from 0.29 (all time) to 0.45 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

2357.HK vs. 0696.HK — Risk / Return Rank

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

2357.HK

2357.HK Risk / Return Rank: 17
2357.HK Sharpe Ratio Rank: 15
2357.HK Sortino Ratio Rank: 16
2357.HK Omega Ratio Rank: 17
2357.HK Calmar Ratio Rank: 21
2357.HK Martin Ratio Rank: 19

0696.HK

0696.HK Risk / Return Rank: 18
0696.HK Sharpe Ratio Rank: 15
0696.HK Sortino Ratio Rank: 15
0696.HK Omega Ratio Rank: 16
0696.HK Calmar Ratio Rank: 21
0696.HK Martin Ratio Rank: 22

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.

2357.HK vs. 0696.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AviChina Industry & Technology Co Ltd (2357.HK) and TravelSky Technology Ltd (0696.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.

	2357.HK	0696.HK	Difference
Sharpe ratio: Return per unit of total volatility	-0.61	-0.63	+0.02
Sortino ratio: Return per unit of downside risk	-0.73	-0.76	+0.03
Omega ratio: Gain probability vs. loss probability	0.91	0.91	0.00
Calmar ratio: Return relative to maximum drawdown	-0.58	-0.57	-0.01
Martin ratio: Return relative to average drawdown	-1.08	-0.99	-0.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

2357.HK vs. 0696.HK - Sharpe Ratio Comparison

The current 2357.HK Sharpe Ratio is -0.61, which is comparable to the 0696.HK Sharpe Ratio of -0.63. The chart below compares the historical Sharpe Ratios of 2357.HK and 0696.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

	2357.HK	0696.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.61	-0.63	+0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.17	-0.27	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.09	-0.11	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.23	-0.14

Drawdowns

2357.HK vs. 0696.HK - Drawdown Comparison

The maximum 2357.HK drawdown since its inception was -81.89%, roughly equal to the maximum 0696.HK drawdown of -80.08%. Use the drawdown chart below to compare losses from any high point for 2357.HK and 0696.HK.

Drawdown Indicators

	2357.HK	0696.HK	Difference
Max Drawdown Largest peak-to-trough decline	-81.89%	-80.08%	-1.81%
Max Drawdown (1Y) Largest decline over 1 year	-35.00%	-30.37%	-4.63%
Max Drawdown (3Y) Largest decline over 3 years	-42.96%	-51.31%	+8.35%
Max Drawdown (5Y) Largest decline over 5 years	-56.64%	-58.45%	+1.81%
Max Drawdown (10Y) Largest decline over 10 years	-62.58%	-70.53%	+7.95%
Current Drawdown Current decline from peak	-64.03%	-62.81%	-1.22%
Average Drawdown Average peak-to-trough decline	-43.73%	-28.02%	-15.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.63%	17.36%	+1.27%

Volatility

2357.HK vs. 0696.HK - Volatility Comparison

The current volatility for AviChina Industry & Technology Co Ltd (2357.HK) is 5.99%, while TravelSky Technology Ltd (0696.HK) has a volatility of 6.36%. This indicates that 2357.HK experiences smaller price fluctuations and is considered to be less risky than 0696.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	2357.HK	0696.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.99%	6.36%	-0.37%
Volatility (6M) Calculated over the trailing 6-month period	21.62%	19.78%	+1.84%
Volatility (1Y) Calculated over the trailing 1-year period	33.49%	27.73%	+5.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.11%	41.64%	+0.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.86%	39.21%	+1.65%

Dividends

2357.HK vs. 0696.HK - Dividend Comparison

2357.HK's dividend yield for the trailing twelve months is around 2.42%, less than 0696.HK's 2.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0696.HK TravelSky Technology Ltd	2.90%	2.54%	1.69%	0.43%	0.39%	0.15%	1.69%	1.61%	1.52%	1.08%	1.20%	1.32%
2357.HK AviChina Industry & Technology Co Ltd	2.42%	2.21%	2.51%	2.69%	2.68%	1.12%	0.61%	0.98%	0.73%	0.54%	0.44%	0.42%

Financials

Frequently Asked Questions

Can I hold both 2357.HK and 0696.HK in my portfolio?

2357.HK and 0696.HK have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.