6060.HK vs. 2328.HK

Last updated Apr 4, 2026

Compare and contrast key facts about ZhongAn Online P & C Insurance Co Ltd (6060.HK) and PICC Property & Casualty-H (2328.HK).

Performance

6060.HK vs. 2328.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in ZhongAn Online P & C Insurance Co Ltd (6060.HK) and PICC Property & Casualty-H (2328.HK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 6060.HK achieves a -20.63% return, which is significantly lower than 2328.HK's -11.31% return.

6060.HK

• 1D: -1.92%
• 1M: -6.31%
• YTD: -20.63%
• 6M: -29.56%
• 1Y: 5.02%
• 3Y*: -20.27%
• 5Y*: -23.64%
• 10Y*: —

2328.HK

• 1D: -0.75%
• 1M: -6.93%
• YTD: -11.31%
• 6M: -17.18%
• 1Y: -0.18%
• 3Y*: 29.44%
• 5Y*: 24.02%
• 10Y*: 9.95%

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

6060.HK vs. 2328.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
6060.HK ZhongAn Online P & C Insurance Co Ltd	-20.63%	37.05%	-34.19%	-17.02%	-20.66%	-25.14%	28.83%	12.18%	-63.85%	6.29%
2328.HK PICC Property & Casualty-H	-11.31%	39.07%	41.94%	32.72%	23.44%	15.91%	-32.99%	21.68%	-16.08%	8.84%

Correlation

The correlation between 6060.HK and 2328.HK is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners. Combining low-correlation assets is one of the most reliable ways to reduce portfolio risk without sacrificing expected returns.

Return for Risk

6060.HK vs. 2328.HK — Risk / Return Rank

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

6060.HK

6060.HK Risk / Return Rank: 41
6060.HK Sharpe Ratio Rank: 42
6060.HK Sortino Ratio Rank: 44
6060.HK Omega Ratio Rank: 43
6060.HK Calmar Ratio Rank: 39
6060.HK Martin Ratio Rank: 39

2328.HK

2328.HK Risk / Return Rank: 38
2328.HK Sharpe Ratio Rank: 40
2328.HK Sortino Ratio Rank: 34
2328.HK Omega Ratio Rank: 34
2328.HK Calmar Ratio Rank: 41
2328.HK Martin Ratio Rank: 42

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.

6060.HK vs. 2328.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ZhongAn Online P & C Insurance Co Ltd (6060.HK) and PICC Property & Casualty-H (2328.HK). 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.

	6060.HK	2328.HK	Difference
Sharpe ratio Return per unit of total volatility	0.07	0.02	+0.05
Sortino ratio Return per unit of downside risk	0.61	0.25	+0.36
Omega ratio Gain probability vs. loss probability	1.08	1.03	+0.04
Calmar ratio Return relative to maximum drawdown	0.01	0.09	-0.08
Martin ratio Return relative to average drawdown	0.03	0.24	-0.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

6060.HK vs. 2328.HK - Sharpe Ratio Comparison

The current 6060.HK Sharpe Ratio is 0.07, which is higher than the 2328.HK Sharpe Ratio of 0.02. The chart below compares the historical Sharpe Ratios of 6060.HK and 2328.HK, 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

	6060.HK	2328.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.07	0.02	+0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.41	0.81	-1.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.30	0.00	-0.30

Drawdowns

6060.HK vs. 2328.HK - Drawdown Comparison

The maximum 6060.HK drawdown since its inception was -89.95%, smaller than the maximum 2328.HK drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for 6060.HK and 2328.HK.

Drawdown Indicators

	6060.HK	2328.HK	Difference
Max Drawdown Largest peak-to-trough decline	-89.95%	-100.00%	+10.05%
Max Drawdown (1Y) Largest decline over 1 year	-41.78%	-26.04%	-15.74%
Max Drawdown (5Y) Largest decline over 5 years	-81.10%	-26.04%	-55.06%
Max Drawdown (10Y) Largest decline over 10 years	—	-46.63%	—
Current Drawdown Current decline from peak	-86.36%	-100.00%	+13.64%
Average Drawdown Average peak-to-trough decline	-69.22%	-76.74%	+7.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.85%	10.19%	+11.66%

Volatility

6060.HK vs. 2328.HK - Volatility Comparison

ZhongAn Online P & C Insurance Co Ltd (6060.HK) has a higher volatility of 10.72% compared to PICC Property & Casualty-H (2328.HK) at 9.38%. This indicates that 6060.HK's price experiences larger fluctuations and is considered to be riskier than 2328.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	6060.HK	2328.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.72%	9.38%	+1.34%
Volatility (6M) Calculated over the trailing 6-month period	23.36%	20.09%	+3.27%
Volatility (1Y) Calculated over the trailing 1-year period	60.44%	31.31%	+29.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.84%	30.38%	+28.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.27%	30.16%	+29.11%

Dividends

6060.HK vs. 2328.HK - Dividend Comparison

6060.HK has not paid dividends to shareholders, while 2328.HK's dividend yield for the trailing twelve months is around 4.32%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
6060.HK ZhongAn Online P & C Insurance Co Ltd	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
2328.HK PICC Property & Casualty-H	4.32%	3.83%	6.24%	5.65%	6.41%	7.13%	8.60%	3.29%	7.71%	2.36%	2.97%	2.22%

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