3988.HK vs. AACFX
Compare and contrast key facts about Bank of China Limited (3988.HK) and Invesco Greater China Fund (AACFX).
AACFX is managed by Invesco. It was launched on Mar 30, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 3988.HK or AACFX.
Key characteristics
| 3988.HK | AACFX | |
|---|---|---|
| YTD Return | 23.83% | 12.98% |
| 1Y Return | 22.45% | -2.21% |
| 3Y Return (Ann) | 15.22% | -13.82% |
| 5Y Return (Ann) | 9.24% | -3.31% |
| 10Y Return (Ann) | 7.60% | 2.63% |
| Sharpe Ratio | 1.13 | 0.00 |
| Daily Std Dev | 19.46% | 18.80% |
| Max Drawdown | -66.11% | -71.35% |
| Current Drawdown | -1.34% | -46.26% |
Correlation
The correlation between 3988.HK and AACFX is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
3988.HK vs. AACFX - Performance Comparison
In the year-to-date period, 3988.HK achieves a 23.83% return, which is significantly higher than AACFX's 12.98% return. Over the past 10 years, 3988.HK has outperformed AACFX with an annualized return of 7.60%, while AACFX has yielded a comparatively lower 2.63% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
3988.HK vs. AACFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bank of China Limited (3988.HK) and Invesco Greater China Fund (AACFX). 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.
Dividends
3988.HK vs. AACFX - Dividend Comparison
3988.HK's dividend yield for the trailing twelve months is around 6.83%, more than AACFX's 1.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
3988.HK Bank of China Limited | 6.83% | 8.45% | 9.12% | 8.46% | 7.90% | 6.33% | 6.26% | 5.01% | 6.02% | 6.86% | 5.65% | 6.15% |
AACFX Invesco Greater China Fund | 1.71% | 1.93% | 1.62% | 0.07% | 0.51% | 1.04% | 20.63% | 0.54% | 0.73% | 1.07% | 0.44% | 1.01% |
Drawdowns
3988.HK vs. AACFX - Drawdown Comparison
The maximum 3988.HK drawdown since its inception was -66.11%, smaller than the maximum AACFX drawdown of -71.35%. Use the drawdown chart below to compare losses from any high point for 3988.HK and AACFX. For additional features, visit the drawdowns tool.
Volatility
3988.HK vs. AACFX - Volatility Comparison
Bank of China Limited (3988.HK) has a higher volatility of 7.48% compared to Invesco Greater China Fund (AACFX) at 4.81%. This indicates that 3988.HK's price experiences larger fluctuations and is considered to be riskier than AACFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.