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.
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
Key characteristics
3988.HK:
2.71
HSBC:
1.96
3988.HK:
3.68
HSBC:
2.30
3988.HK:
1.44
HSBC:
1.36
3988.HK:
5.70
HSBC:
2.29
3988.HK:
14.69
HSBC:
13.79
3988.HK:
4.20%
HSBC:
3.01%
3988.HK:
22.73%
HSBC:
21.26%
3988.HK:
-66.11%
HSBC:
-74.47%
3988.HK:
0.00%
HSBC:
-1.42%
Fundamentals
3988.HK:
HK$1.57T
HSBC:
$185.19B
3988.HK:
HK$0.57
HSBC:
$6.17
3988.HK:
4.95
HSBC:
8.41
3988.HK:
8.33
HSBC:
3.40
3988.HK:
HK$477.58B
HSBC:
$54.53B
3988.HK:
HK$316.93B
HSBC:
$50.46B
3988.HK:
HK$141.27B
HSBC:
-$814.00M
Returns By Period
In the year-to-date period, 3988.HK achieves a 6.34% return, which is significantly higher than HSBC's 4.97% return. Both investments have delivered pretty close results over the past 10 years, with 3988.HK having a 6.84% annualized return and HSBC not far behind at 6.50%.
3988.HK
6.34%
7.70%
28.26%
56.12%
15.16%
6.84%
HSBC
4.97%
5.81%
30.68%
42.08%
11.87%
6.50%
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Risk-Adjusted Performance
3988.HK vs. HSBC — Risk-Adjusted Performance Rank
3988.HK
HSBC
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 9.55%, more than HSBC's 5.87% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
3988.HK Bank of China Limited | 9.55% | 6.53% | 8.45% | 9.12% | 8.46% | 7.90% | 6.33% | 6.26% | 5.01% | 6.02% | 6.86% | 5.65% |
HSBC HSBC Holdings plc | 5.87% | 6.17% | 6.54% | 4.33% | 3.65% | 0.00% | 6.52% | 6.20% | 4.94% | 6.35% | 6.33% | 5.19% |
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
The current volatility for Bank of China Limited (3988.HK) is 4.13%, while HSBC Holdings plc (HSBC) has a volatility of 4.71%. This indicates that 3988.HK experiences smaller price fluctuations and is considered to be less risky 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