2382.HK vs. GOOGL

Last updated Aug 1, 2026

2382.HK (Sunny Optical Technology Group Co Ltd) and GOOGL (Alphabet Inc. Class A) are both stocks. 2382.HK operates in Electronic Components (Technology), while GOOGL operates in Internet Content & Information (Communication Services). Over the past 10 years, 2382.HK returned 6.98%/yr vs 24.68%/yr for GOOGL. Their 0.07 correlation means their historical movements had little consistent relationship.

Performance

2382.HK vs. GOOGL - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Sunny Optical Technology Group Co Ltd (2382.HK) and Alphabet Inc. Class A (GOOGL). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

2382.HK is traded in HKD, while GOOGL is traded in USD. To make them comparable, the GOOGL values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 2382.HK achieves a -13.22% return, which is significantly lower than GOOGL's 14.79% return. Over the past 10 years, 2382.HK has underperformed GOOGL with an annualized return of 6.98%, while GOOGL has yielded a comparatively higher 24.68% annualized return.

2382.HK

• 1D: -2.01%
• 1M: -8.11%
• 6M: -9.13%
• YTD: -13.22%
• 1Y: -22.24%
• 3Y*: -7.70%
• 5Y*: -24.25%
• 10Y*: 6.98%
• ALL TIME*: 16.02%

GOOGL

• 1D: 6.72%
• 1M: -1.42%
• 6M: 5.90%
• YTD: 14.79%
• 1Y: 85.92%
• 3Y*: 40.07%
• 5Y*: 21.90%
• 10Y*: 24.68%
• ALL TIME*: 19.26%

*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)
2382.HK Sunny Optical Technology Group Co Ltd	HK$930.10M	HK$903.60M	HK$1.36B
GOOGL Alphabet Inc. Class A	HK$92.08B	HK$80.82B	HK$92.29B

2382.HK vs. GOOGL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
2382.HK Sunny Optical Technology Group Co Ltd	-13.22%	-3.95%	-2.32%	-23.17%	-61.97%	46.10%	26.75%	95.75%	-29.97%	195.84%
GOOGL Alphabet Inc. Class A	14.79%	66.31%	35.30%	58.31%	-38.99%	66.19%	30.27%	27.50%	-0.58%	33.95%

Correlation

The correlation between 2382.HK and GOOGL is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.04
Correlation (3Y) Balances recent behavior with more history.	0.07
Correlation (5Y) Shows whether the relationship held over a longer period.	0.08
Correlation (10Y) Provides a long-term view across more market conditions.	0.08
Correlation (All Time) Calculated using the full available price history since Sep 12, 2007	0.07

Return for Risk

2382.HK vs. GOOGL — Risk / Return Rank

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

2382.HK

2382.HK Risk / Return Rank: 24
2382.HK Sharpe Ratio Rank: 22
2382.HK Sortino Ratio Rank: 22
2382.HK Omega Ratio Rank: 23
2382.HK Calmar Ratio Rank: 25
2382.HK Martin Ratio Rank: 26

GOOGL

GOOGL Risk / Return Rank: 95
GOOGL Sharpe Ratio Rank: 96
GOOGL Sortino Ratio Rank: 96
GOOGL Omega Ratio Rank: 95
GOOGL Calmar Ratio Rank: 93
GOOGL Martin Ratio Rank: 93

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.

2382.HK vs. GOOGL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sunny Optical Technology Group Co Ltd (2382.HK) and Alphabet Inc. Class A (GOOGL). 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.

	2382.HK	GOOGL	Difference
Sharpe ratio: Return per unit of total volatility	-0.48	2.70	-3.19
Sortino ratio: Return per unit of downside risk	-0.46	3.70	-4.16
Omega ratio: Gain probability vs. loss probability	0.95	1.46	-0.51
Calmar ratio: Return relative to maximum drawdown	-0.54	4.13	-4.67
Martin ratio: Return relative to average drawdown	-0.86	11.78	-12.63

2382.HK vs. GOOGL - Sharpe Ratio Comparison

The current 2382.HK Sharpe Ratio is -0.48, which is lower than the GOOGL Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of 2382.HK and GOOGL, 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

2382.HK vs. GOOGL - Drawdown Comparison

The maximum 2382.HK drawdown since its inception was -88.59%, which is greater than GOOGL's maximum drawdown of -65.36%. Use the drawdown chart below to compare losses from any high point for 2382.HK and GOOGL.

Drawdown Indicators

	2382.HK	GOOGL	Difference
Max Drawdown Largest peak-to-trough decline	-88.59%	-65.36%	-23.23%
Max Drawdown (1Y) Largest decline over 1 year	-42.02%	-20.94%	-21.08%
Max Drawdown (3Y) Largest decline over 3 years	-54.61%	-29.96%	-24.65%
Max Drawdown (5Y) Largest decline over 5 years	-86.13%	-43.88%	-42.25%
Max Drawdown (10Y) Largest decline over 10 years	-86.13%	-43.88%	-42.25%
Current Drawdown Current decline from peak	-76.78%	-11.36%	-65.42%
Average Drawdown Average peak-to-trough decline	-39.81%	-13.74%	-26.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.16%	7.32%	+18.84%

Volatility

2382.HK vs. GOOGL - Volatility Comparison

Sunny Optical Technology Group Co Ltd (2382.HK) has a higher volatility of 14.84% compared to Alphabet Inc. Class A (GOOGL) at 13.03%. This indicates that 2382.HK's price experiences larger fluctuations and is considered to be riskier than GOOGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	2382.HK	GOOGL	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.84%	13.03%	+1.81%
Volatility (6M) Calculated over the trailing 6-month period	37.73%	24.77%	+12.96%
Volatility (1Y) Calculated over the trailing 1-year period	46.89%	32.07%	+14.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.82%	31.89%	+22.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.79%	29.40%	+24.39%

Dividends

2382.HK vs. GOOGL - Dividend Comparison

2382.HK's dividend yield for the trailing twelve months is around 2.15%, more than GOOGL's 0.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
2382.HK Sunny Optical Technology Group Co Ltd	2.15%	0.81%	0.32%	0.71%	1.20%	0.43%	0.48%	0.49%	1.17%	0.32%	0.73%	0.87%
GOOGL Alphabet Inc. Class A	0.24%	0.27%	0.32%	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 2382.HK and GOOGL in my portfolio?

2382.HK and GOOGL have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.