3988.HK vs. HSBC
Compare and contrast key facts about Bank of China Limited (3988.HK) and HSBC Holdings plc (HSBC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 3988.HK or HSBC.
Key characteristics
| 3988.HK | HSBC | |
|---|---|---|
| YTD Return | 29.53% | 15.66% |
| 1Y Return | 27.70% | 25.78% |
| 3Y Return (Ann) | 16.88% | 19.11% |
| 5Y Return (Ann) | 10.30% | 6.09% |
| 10Y Return (Ann) | 8.07% | 3.75% |
| Sharpe Ratio | 1.22 | 1.31 |
| Daily Std Dev | 19.91% | 20.45% |
| Max Drawdown | -66.11% | -74.47% |
| Current Drawdown | -0.26% | -0.80% |
Fundamentals
| 3988.HK | HSBC | |
|---|---|---|
| Market Cap | HK$1.33T | $164.13B |
| EPS | HK$0.74 | $5.80 |
| PE Ratio | 4.73 | 7.52 |
| PEG Ratio | 0.50 | 0.44 |
| Revenue (TTM) | HK$511.22B | $56.65B |
| Gross Profit (TTM) | HK$502.99B | $50.51B |
Correlation
The correlation between 3988.HK and HSBC is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
3988.HK vs. HSBC - Performance Comparison
In the year-to-date period, 3988.HK achieves a 29.53% return, which is significantly higher than HSBC's 15.66% return. Over the past 10 years, 3988.HK has outperformed HSBC with an annualized return of 8.07%, while HSBC has yielded a comparatively lower 3.75% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
3988.HK vs. HSBC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bank of China Limited (3988.HK) and HSBC Holdings plc (HSBC). 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. HSBC - Dividend Comparison
3988.HK's dividend yield for the trailing twelve months is around 6.53%, less than HSBC's 6.85% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
3988.HK Bank of China Limited | 6.53% | 8.45% | 9.12% | 8.46% | 7.90% | 6.33% | 6.26% | 5.01% | 6.02% | 6.86% | 5.65% | 6.15% |
HSBC HSBC Holdings plc | 6.85% | 6.54% | 4.33% | 3.62% | 0.00% | 6.52% | 6.20% | 4.94% | 6.35% | 6.33% | 5.19% | 4.35% |
Drawdowns
3988.HK vs. HSBC - Drawdown Comparison
The maximum 3988.HK drawdown since its inception was -66.11%, smaller than the maximum HSBC drawdown of -74.47%. Use the drawdown chart below to compare losses from any high point for 3988.HK and HSBC. For additional features, visit the drawdowns tool.
Volatility
3988.HK vs. HSBC - Volatility Comparison
Bank of China Limited (3988.HK) has a higher volatility of 8.49% compared to HSBC Holdings plc (HSBC) at 5.93%. This indicates that 3988.HK's price experiences larger fluctuations and is considered to be riskier than HSBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
3988.HK vs. HSBC - Financials Comparison
This section allows you to compare key financial metrics between Bank of China Limited and HSBC Holdings plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities