3988.HK vs. IDCBY
Compare and contrast key facts about Bank of China Limited (3988.HK) and Industrial and Commercial Bank of China Limited (IDCBY).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 3988.HK or IDCBY.
Correlation
The correlation between 3988.HK and IDCBY is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
3988.HK vs. IDCBY - Performance Comparison
Key characteristics
3988.HK:
2.01
IDCBY:
1.74
3988.HK:
2.84
IDCBY:
2.51
3988.HK:
1.34
IDCBY:
1.33
3988.HK:
4.23
IDCBY:
1.65
3988.HK:
10.80
IDCBY:
10.87
3988.HK:
4.29%
IDCBY:
4.58%
3988.HK:
23.18%
IDCBY:
28.66%
3988.HK:
-66.12%
IDCBY:
-46.03%
3988.HK:
-0.26%
IDCBY:
0.00%
Fundamentals
3988.HK:
HK$1.51T
IDCBY:
$292.50B
3988.HK:
HK$0.76
IDCBY:
$2.69
3988.HK:
4.82
IDCBY:
4.61
3988.HK:
2.04
IDCBY:
1.76
3988.HK:
HK$629.49B
IDCBY:
$1.41T
3988.HK:
HK$468.84B
IDCBY:
$1.41T
3988.HK:
HK$210.44B
IDCBY:
$2.63B
Returns By Period
In the year-to-date period, 3988.HK achieves a 39.91% return, which is significantly lower than IDCBY's 44.26% return. Over the past 10 years, 3988.HK has outperformed IDCBY with an annualized return of 6.20%, while IDCBY has yielded a comparatively lower 5.74% annualized return.
3988.HK
39.91%
7.46%
8.58%
43.77%
11.77%
6.20%
IDCBY
44.26%
11.45%
20.84%
49.88%
4.21%
5.74%
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Risk-Adjusted Performance
3988.HK vs. IDCBY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bank of China Limited (3988.HK) and Industrial and Commercial Bank of China Limited (IDCBY). 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. IDCBY - Dividend Comparison
3988.HK's dividend yield for the trailing twelve months is around 6.68%, more than IDCBY's 6.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
3988.HK Bank of China Limited | 6.68% | 8.45% | 9.12% | 8.46% | 7.90% | 6.33% | 6.26% | 5.01% | 6.02% | 6.86% | 5.65% | 6.15% |
IDCBY Industrial and Commercial Bank of China Limited | 6.47% | 8.64% | 8.51% | 7.37% | 5.73% | 4.70% | 5.33% | 4.23% | 6.00% | 6.81% | 5.77% | 5.70% |
Drawdowns
3988.HK vs. IDCBY - Drawdown Comparison
The maximum 3988.HK drawdown since its inception was -66.12%, which is greater than IDCBY's maximum drawdown of -46.03%. Use the drawdown chart below to compare losses from any high point for 3988.HK and IDCBY. For additional features, visit the drawdowns tool.
Volatility
3988.HK vs. IDCBY - Volatility Comparison
The current volatility for Bank of China Limited (3988.HK) is 5.86%, while Industrial and Commercial Bank of China Limited (IDCBY) has a volatility of 6.93%. This indicates that 3988.HK experiences smaller price fluctuations and is considered to be less risky than IDCBY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
3988.HK vs. IDCBY - Financials Comparison
This section allows you to compare key financial metrics between Bank of China Limited and Industrial and Commercial Bank of China Limited. 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