2628.HK vs. 6060.HK

Last updated Apr 4, 2026

Compare and contrast key facts about China Life Insurance Co Ltd (2628.HK) and ZhongAn Online P & C Insurance Co Ltd (6060.HK).

Performance

2628.HK vs. 6060.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in China Life Insurance Co Ltd (2628.HK) and ZhongAn Online P & C Insurance Co Ltd (6060.HK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 2628.HK achieves a -8.69% return, which is significantly higher than 6060.HK's -20.63% return.

2628.HK

• 1D: -0.79%
• 1M: -12.65%
• YTD: -8.69%
• 6M: 14.80%
• 1Y: 70.93%
• 3Y*: 30.30%
• 5Y*: 14.62%
• 10Y*: 6.79%

6060.HK

• 1D: -1.92%
• 1M: -6.31%
• YTD: -20.63%
• 6M: -29.56%
• 1Y: 5.02%
• 3Y*: -20.27%
• 5Y*: -23.64%
• 10Y*: —

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

2628.HK vs. 6060.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
2628.HK China Life Insurance Co Ltd	-8.69%	93.31%	53.87%	-21.34%	9.90%	-20.56%	-17.66%	31.45%	-30.74%	5.59%
6060.HK ZhongAn Online P & C Insurance Co Ltd	-20.63%	37.05%	-34.19%	-17.02%	-20.66%	-25.14%	28.83%	12.18%	-63.85%	6.29%

Correlation

The correlation between 2628.HK and 6060.HK is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined. Holding both can reduce overall portfolio volatility compared to holding either one alone.

Return for Risk

2628.HK vs. 6060.HK — Risk / Return Rank

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

2628.HK

2628.HK Risk / Return Rank: 80
2628.HK Sharpe Ratio Rank: 85
2628.HK Sortino Ratio Rank: 78
2628.HK Omega Ratio Rank: 78
2628.HK Calmar Ratio Rank: 76
2628.HK Martin Ratio Rank: 81

6060.HK

6060.HK Risk / Return Rank: 41
6060.HK Sharpe Ratio Rank: 42
6060.HK Sortino Ratio Rank: 44
6060.HK Omega Ratio Rank: 43
6060.HK Calmar Ratio Rank: 39
6060.HK Martin Ratio Rank: 39

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.

2628.HK vs. 6060.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for China Life Insurance Co Ltd (2628.HK) and ZhongAn Online P & C Insurance Co Ltd (6060.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.

	2628.HK	6060.HK	Difference
Sharpe ratio Return per unit of total volatility	1.63	0.07	+1.56
Sortino ratio Return per unit of downside risk	2.06	0.61	+1.45
Omega ratio Gain probability vs. loss probability	1.29	1.08	+0.21
Calmar ratio Return relative to maximum drawdown	2.10	0.01	+2.09
Martin ratio Return relative to average drawdown	7.16	0.03	+7.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

2628.HK vs. 6060.HK - Sharpe Ratio Comparison

The current 2628.HK Sharpe Ratio is 1.63, which is higher than the 6060.HK Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of 2628.HK and 6060.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

	2628.HK	6060.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.63	0.07	+1.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	-0.41	+0.81
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	-0.30	+0.59

Drawdowns

2628.HK vs. 6060.HK - Drawdown Comparison

The maximum 2628.HK drawdown since its inception was -76.90%, smaller than the maximum 6060.HK drawdown of -89.95%. Use the drawdown chart below to compare losses from any high point for 2628.HK and 6060.HK.

Drawdown Indicators

	2628.HK	6060.HK	Difference
Max Drawdown Largest peak-to-trough decline	-76.90%	-89.95%	+13.05%
Max Drawdown (1Y) Largest decline over 1 year	-31.36%	-41.78%	+10.42%
Max Drawdown (5Y) Largest decline over 5 years	-44.74%	-81.10%	+36.36%
Max Drawdown (10Y) Largest decline over 10 years	-62.99%	—	—
Current Drawdown Current decline from peak	-29.62%	-86.36%	+56.74%
Average Drawdown Average peak-to-trough decline	-44.30%	-69.22%	+24.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.20%	21.85%	-12.65%

Volatility

2628.HK vs. 6060.HK - Volatility Comparison

China Life Insurance Co Ltd (2628.HK) has a higher volatility of 14.12% compared to ZhongAn Online P & C Insurance Co Ltd (6060.HK) at 10.72%. This indicates that 2628.HK's price experiences larger fluctuations and is considered to be riskier than 6060.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	2628.HK	6060.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.12%	10.72%	+3.40%
Volatility (6M) Calculated over the trailing 6-month period	31.64%	23.36%	+8.28%
Volatility (1Y) Calculated over the trailing 1-year period	42.22%	60.44%	-18.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.55%	58.84%	-21.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.81%	59.27%	-25.46%

Dividends

2628.HK vs. 6060.HK - Dividend Comparison

2628.HK's dividend yield for the trailing twelve months is around 3.01%, while 6060.HK has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
2628.HK China Life Insurance Co Ltd	3.01%	2.75%	4.68%	5.27%	5.68%	5.95%	4.67%	0.84%	2.94%	1.11%	2.46%	2.02%
6060.HK ZhongAn Online P & C Insurance Co Ltd	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