9868.HK vs. XPEV
9868.HK (Xpeng Inc) and XPEV (XPeng Inc.) are both stocks. Both operate in the Auto Manufacturers industry within the Consumer Cyclical sector. Over the past 3 years, 9868.HK returned 25.96%/yr vs 22.57%/yr for XPEV. At a 0.46 correlation, their price movements are largely independent.
Performance
9868.HK vs. XPEV - Performance Comparison
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Different Trading Currencies
9868.HK is traded in HKD, while XPEV is traded in USD. To make them comparable, the XPEV values have been converted to HKD using the latest available exchange rates.
Returns By Period
In the year-to-date period, 9868.HK achieves a -16.26% return, which is significantly higher than XPEV's -20.84% return.
9868.HK
- 1D
- -2.35%
- 1M
- 10.29%
- YTD
- -16.26%
- 6M
- -14.75%
- 1Y
- -16.20%
- 3Y*
- 25.96%
- 5Y*
- —
- 10Y*
- —
XPEV
- 1D
- -5.12%
- 1M
- 0.10%
- YTD
- -20.84%
- 6M
- -19.74%
- 1Y
- -20.29%
- 3Y*
- 22.57%
- 5Y*
- -15.37%
- 10Y*
- —
9868.HK vs. XPEV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
9868.HK Xpeng Inc | -16.26% | 70.10% | -17.72% | 47.85% | -79.41% | 12.91% |
XPEV XPeng Inc. | -20.84% | 71.90% | -19.40% | 46.76% | -80.22% | 21.80% |
Correlation
The correlation between 9868.HK and XPEV is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 2021 | 0.46 |
The correlation between 9868.HK and XPEV has been stable across timeframes, ranging from 0.46 to 0.55 - a consistent structural relationship.
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Return for Risk
9868.HK vs. XPEV — Risk / Return Rank
9868.HK
XPEV
9868.HK vs. XPEV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xpeng Inc (9868.HK) and XPeng Inc. (XPEV). 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.
| 9868.HK | XPEV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.98 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | -0.44 | +0.10 |
| Martin ratioReturn relative to average drawdown | -0.60 | -0.76 | +0.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 9868.HK | XPEV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.31 | -0.37 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.20 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.23 | -0.06 | -0.17 |
Drawdowns
9868.HK vs. XPEV - Drawdown Comparison
The maximum 9868.HK drawdown since its inception was -88.35%, roughly equal to the maximum XPEV drawdown of -91.01%. Use the drawdown chart below to compare losses from any high point for 9868.HK and XPEV.
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Drawdown Indicators
| 9868.HK | XPEV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.35% | -91.01% | +2.66% |
Max Drawdown (1Y)Largest decline over 1 year | -46.59% | -46.36% | -0.23% |
Max Drawdown (3Y)Largest decline over 3 years | -69.97% | -71.67% | +1.70% |
Max Drawdown (5Y)Largest decline over 5 years | — | -88.27% | — |
Current DrawdownCurrent decline from peak | -69.52% | -77.67% | +8.15% |
Average DrawdownAverage peak-to-trough decline | -64.23% | -67.69% | +3.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.02% | 26.82% | -0.80% |
Volatility
9868.HK vs. XPEV - Volatility Comparison
Xpeng Inc (9868.HK) has a higher volatility of 16.64% compared to XPeng Inc. (XPEV) at 14.31%. This indicates that 9868.HK's price experiences larger fluctuations and is considered to be riskier than XPEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 9868.HK | XPEV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.64% | 14.31% | +2.33% |
Volatility (6M)Calculated over the trailing 6-month period | 32.30% | 35.82% | -3.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.03% | 55.42% | -4.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 76.53% | 78.60% | -2.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 76.53% | 83.32% | -6.79% |
Dividends
9868.HK vs. XPEV - Dividend Comparison
Neither 9868.HK nor XPEV has paid dividends to shareholders.
Financials
9868.HK vs. XPEV - Financials Comparison
This section allows you to compare key financial metrics between Xpeng Inc and XPeng Inc.. 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
Frequently Asked Questions
9868.HK and XPEV have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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