298040.KS vs. AVGO

Last updated Jun 5, 2026

298040.KS (Hyosung Heavy Industries Corp) and AVGO (Broadcom Inc.) are both stocks. 298040.KS operates in Specialty Industrial Machinery (Industrials), while AVGO operates in Semiconductors (Technology). Over the past 5 years, 298040.KS returned 70.71%/yr vs 68.44%/yr for AVGO. At a 0.04 correlation, their price movements are largely independent.

Performance

298040.KS vs. AVGO - Performance Comparison

The chart below illustrates the hypothetical performance of a ₩10,000 investment in Hyosung Heavy Industries Corp (298040.KS) and Broadcom Inc. (AVGO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

298040.KS is traded in KRW, while AVGO is traded in USD. To make them comparable, the AVGO values have been converted to KRW using the latest available exchange rates.

Returns By Period

298040.KS

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.76%
• 1Y: 55.49%
• 3Y*: 127.53%
• 5Y*: 70.71%
• 10Y*: —

AVGO

• 1D: -11.84%
• 1M: 2.70%
• YTD: 30.07%
• 6M: 15.65%
• 1Y: 83.59%
• 3Y*: 86.23%
• 5Y*: 68.44%
• 10Y*: 46.02%

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

298040.KS vs. AVGO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
298040.KS Hyosung Heavy Industries Corp	0.00%	156.38%	145.90%	110.79%	33.79%	-6.27%	133.40%	-35.55%	-25.63%
AVGO Broadcom Inc.	30.07%	47.17%	139.99%	110.00%	-8.36%	71.44%	36.37%	33.95%	26.00%

Correlation

The correlation between 298040.KS and AVGO is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.00
Correlation (All Time) Calculated using the full available price history since Jul 16, 2018	0.04

The correlation between 298040.KS and AVGO shifts across timeframes, from -0.09 (1 year) to 0.04 (all time), reflecting how their relationship changes across market environments.

Return for Risk

298040.KS vs. AVGO — Risk / Return Rank

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

298040.KS

298040.KS Risk / Return Rank: 98
298040.KS Sharpe Ratio Rank: 94
298040.KS Sortino Ratio Rank: 100
298040.KS Omega Ratio Rank: 100
298040.KS Calmar Ratio Rank: 98
298040.KS Martin Ratio Rank: 100

AVGO

AVGO Risk / Return Rank: 76
AVGO Sharpe Ratio Rank: 80
AVGO Sortino Ratio Rank: 75
AVGO Omega Ratio Rank: 75
AVGO Calmar Ratio Rank: 76
AVGO Martin Ratio Rank: 76

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.

298040.KS vs. AVGO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hyosung Heavy Industries Corp (298040.KS) and Broadcom Inc. (AVGO). 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.

	298040.KS	AVGO	Difference
Sharpe ratio: Return per unit of total volatility	3.00	1.93	+1.08
Sortino ratio: Return per unit of downside risk	9.69	2.49	+7.20
Omega ratio: Gain probability vs. loss probability	5.07	1.33	+3.74
Calmar ratio: Return relative to maximum drawdown	11.11	3.19	+7.92
Martin ratio: Return relative to average drawdown	108.43	7.13	+101.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

298040.KS vs. AVGO - Sharpe Ratio Comparison

The current 298040.KS Sharpe Ratio is 3.00, which is higher than the AVGO Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of 298040.KS and AVGO, 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

	298040.KS	AVGO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.00	1.93	+1.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.37	1.63	-0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.22	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	1.19	-0.35

Drawdowns

298040.KS vs. AVGO - Drawdown Comparison

The maximum 298040.KS drawdown since its inception was -86.22%, which is greater than AVGO's maximum drawdown of -44.75%. Use the drawdown chart below to compare losses from any high point for 298040.KS and AVGO.

Drawdown Indicators

	298040.KS	AVGO	Difference
Max Drawdown Largest peak-to-trough decline	-86.22%	-44.75%	-41.47%
Max Drawdown (1Y) Largest decline over 1 year	-5.22%	-26.35%	+21.13%
Max Drawdown (3Y) Largest decline over 3 years	-44.72%	-40.49%	-4.23%
Max Drawdown (5Y) Largest decline over 5 years	-45.16%	-40.49%	-4.67%
Max Drawdown (10Y) Largest decline over 10 years	—	-44.75%	—
Current Drawdown Current decline from peak	0.00%	-11.84%	+11.84%
Average Drawdown Average peak-to-trough decline	-22.68%	-7.49%	-15.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.55%	11.77%	-11.22%

Volatility

298040.KS vs. AVGO - Volatility Comparison

The current volatility for Hyosung Heavy Industries Corp (298040.KS) is 0.00%, while Broadcom Inc. (AVGO) has a volatility of 17.87%. This indicates that 298040.KS experiences smaller price fluctuations and is considered to be less risky than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	298040.KS	AVGO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	17.87%	-17.87%
Volatility (6M) Calculated over the trailing 6-month period	0.75%	32.62%	-31.87%
Volatility (1Y) Calculated over the trailing 1-year period	19.39%	43.65%	-24.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.82%	42.13%	+11.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.56%	37.93%	+17.63%

Dividends

298040.KS vs. AVGO - Dividend Comparison

298040.KS's dividend yield for the trailing twelve months is around 0.75%, more than AVGO's 0.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
298040.KS Hyosung Heavy Industries Corp	0.75%	0.75%	1.27%	1.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
AVGO Broadcom Inc.	0.59%	0.70%	0.94%	1.71%	3.02%	2.24%	3.05%	3.54%	3.11%	1.87%	1.43%	1.13%

Financials

Frequently Asked Questions

Can I hold both 298040.KS and AVGO in my portfolio?

298040.KS and AVGO have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.