AACFX vs. 3988.HK
Compare and contrast key facts about Invesco Greater China Fund (AACFX) and Bank of China Limited (3988.HK).
AACFX is managed by Invesco. It was launched on Mar 30, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AACFX or 3988.HK.
Key characteristics
| AACFX | 3988.HK | |
|---|---|---|
| YTD Return | 9.23% | 20.13% |
| 1Y Return | -4.12% | 15.63% |
| 3Y Return (Ann) | -15.78% | 13.89% |
| 5Y Return (Ann) | -4.16% | 8.51% |
| 10Y Return (Ann) | 2.69% | 7.65% |
| Sharpe Ratio | -0.29 | 1.20 |
| Daily Std Dev | 18.83% | 19.52% |
| Max Drawdown | -71.35% | -66.11% |
| Current Drawdown | -48.04% | -1.38% |
Correlation
The correlation between AACFX and 3988.HK is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AACFX vs. 3988.HK - Performance Comparison
In the year-to-date period, AACFX achieves a 9.23% return, which is significantly lower than 3988.HK's 20.13% return. Over the past 10 years, AACFX has underperformed 3988.HK with an annualized return of 2.69%, while 3988.HK has yielded a comparatively higher 7.65% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
AACFX vs. 3988.HK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Greater China Fund (AACFX) and Bank of China Limited (3988.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.
Dividends
AACFX vs. 3988.HK - Dividend Comparison
AACFX's dividend yield for the trailing twelve months is around 1.77%, less than 3988.HK's 7.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AACFX Invesco Greater China Fund | 1.77% | 1.93% | 1.62% | 0.07% | 0.51% | 1.04% | 20.63% | 0.54% | 0.73% | 1.07% | 0.44% | 1.01% |
3988.HK Bank of China Limited | 7.04% | 8.45% | 9.12% | 8.46% | 7.90% | 6.33% | 6.26% | 5.01% | 6.02% | 6.86% | 5.65% | 6.15% |
Drawdowns
AACFX vs. 3988.HK - Drawdown Comparison
The maximum AACFX drawdown since its inception was -71.35%, which is greater than 3988.HK's maximum drawdown of -66.11%. Use the drawdown chart below to compare losses from any high point for AACFX and 3988.HK. For additional features, visit the drawdowns tool.
Volatility
AACFX vs. 3988.HK - Volatility Comparison
The current volatility for Invesco Greater China Fund (AACFX) is 5.10%, while Bank of China Limited (3988.HK) has a volatility of 7.12%. This indicates that AACFX experiences smaller price fluctuations and is considered to be less risky than 3988.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.