AIRYY vs. CICHF

Last updated Jun 4, 2026

AIRYY (Air China Ltd ADR) and CICHF (China Construction Bank Corporation) are both stocks. AIRYY operates in Airlines (Industrials), while CICHF operates in Banks - Diversified (Financial Services). Over the past 10 years, AIRYY returned -0.06%/yr vs 22.00%/yr for CICHF. At a 0.15 correlation, their price movements are largely independent.

Performance

AIRYY vs. CICHF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Air China Ltd ADR (AIRYY) and China Construction Bank Corporation (CICHF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIRYY achieves a -31.65% return, which is significantly lower than CICHF's 4.27% return. Over the past 10 years, AIRYY has underperformed CICHF with an annualized return of -0.06%, while CICHF has yielded a comparatively higher 22.00% annualized return.

AIRYY

• 1D: 0.00%
• 1M: 0.00%
• YTD: -31.65%
• 6M: -26.86%
• 1Y: -5.06%
• 3Y*: -8.43%
• 5Y*: -6.28%
• 10Y*: -0.06%

CICHF

• 1D: -5.44%
• 1M: -14.50%
• YTD: 4.27%
• 6M: -3.21%
• 1Y: 9.01%
• 3Y*: 27.15%
• 5Y*: 12.46%
• 10Y*: 22.00%

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

AIRYY vs. CICHF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AIRYY Air China Ltd ADR	-31.65%	39.73%	-1.35%	-27.17%	28.38%	-9.84%	-24.69%	22.28%	-29.18%	95.57%
CICHF China Construction Bank Corporation	4.27%	22.19%	58.20%	-0.14%	-8.94%	4.95%	-12.31%	11.35%	-10.33%	105.09%

Correlation

The correlation between AIRYY and CICHF is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (3Y) Calculated over the trailing 3-year period	-0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.00
Correlation (10Y) Calculated over the trailing 10-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jul 16, 2007	0.15

The correlation between AIRYY and CICHF shifts across timeframes, from -0.02 (3 years) to 0.15 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap AIRYY : $10.46B CICHF : $34.23B
EPS AIRYY : -$4.44 CICHF : $3.88
PS Ratio AIRYY : 0.06 CICHF : 0.08
PB Ratio AIRYY : 0.24 CICHF : 0.01
Total Revenue (TTM) AIRYY : $166.95B CICHF : $1.14T
Gross Profit (TTM) AIRYY : $5.58B CICHF : $701.45B
EBITDA (TTM) AIRYY : $1.57B CICHF : $397.42B

Return for Risk

AIRYY vs. CICHF — Risk / Return Rank

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

AIRYY

AIRYY Risk / Return Rank: 38
AIRYY Sharpe Ratio Rank: 37
AIRYY Sortino Ratio Rank: 36
AIRYY Omega Ratio Rank: 42
AIRYY Calmar Ratio Rank: 37
AIRYY Martin Ratio Rank: 36

CICHF

CICHF Risk / Return Rank: 48
CICHF Sharpe Ratio Rank: 46
CICHF Sortino Ratio Rank: 47
CICHF Omega Ratio Rank: 46
CICHF Calmar Ratio Rank: 51
CICHF Martin Ratio Rank: 51

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.

AIRYY vs. CICHF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Air China Ltd ADR (AIRYY) and China Construction Bank Corporation (CICHF). 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.

	AIRYY	CICHF	Difference
Sharpe ratio Return per unit of total volatility	-0.10	0.13	-0.23
Sortino ratio Return per unit of downside risk	0.21	0.70	-0.49
Omega ratio Gain probability vs. loss probability	1.06	1.09	-0.03
Calmar ratio Return relative to maximum drawdown	-0.14	0.47	-0.61
Martin ratio Return relative to average drawdown	-0.29	0.90	-1.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIRYY vs. CICHF - Sharpe Ratio Comparison

The current AIRYY Sharpe Ratio is -0.10, which is lower than the CICHF Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of AIRYY and CICHF, 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

	AIRYY	CICHF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.10	0.13	-0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.14	0.26	-0.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.00	0.39	-0.39
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	0.33	-0.35

Drawdowns

AIRYY vs. CICHF - Drawdown Comparison

The maximum AIRYY drawdown since its inception was -88.18%, which is greater than CICHF's maximum drawdown of -72.65%. Use the drawdown chart below to compare losses from any high point for AIRYY and CICHF.

Drawdown Indicators

	AIRYY	CICHF	Difference
Max Drawdown Largest peak-to-trough decline	-88.18%	-72.65%	-15.53%
Max Drawdown (1Y) Largest decline over 1 year	-36.71%	-19.11%	-17.60%
Max Drawdown (3Y) Largest decline over 3 years	-51.89%	-19.11%	-32.78%
Max Drawdown (5Y) Largest decline over 5 years	-59.94%	-31.97%	-27.97%
Max Drawdown (10Y) Largest decline over 10 years	-74.71%	-45.43%	-29.28%
Current Drawdown Current decline from peak	-60.85%	-14.50%	-46.35%
Average Drawdown Average peak-to-trough decline	-50.50%	-22.85%	-27.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.62%	10.04%	+7.58%

Volatility

AIRYY vs. CICHF - Volatility Comparison

The current volatility for Air China Ltd ADR (AIRYY) is 0.00%, while China Construction Bank Corporation (CICHF) has a volatility of 33.27%. This indicates that AIRYY experiences smaller price fluctuations and is considered to be less risky than CICHF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIRYY	CICHF	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	33.27%	-33.27%
Volatility (6M) Calculated over the trailing 6-month period	38.65%	53.15%	-14.50%
Volatility (1Y) Calculated over the trailing 1-year period	49.88%	70.45%	-20.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.73%	49.01%	-3.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.13%	57.16%	-13.03%

Dividends

AIRYY vs. CICHF - Dividend Comparison

Neither AIRYY nor CICHF has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIRYY Air China Ltd ADR	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.60%	1.25%	1.81%	2.51%	2.13%	1.07%
CICHF China Construction Bank Corporation	0.00%	5.69%	6.51%	9.14%	0.00%	7.05%	6.25%	5.17%	0.00%	34.73%	43.08%	55.64%

Financials

AIRYY vs. CICHF - Profitability Comparison

The chart below illustrates the profitability comparison between Air China Ltd ADR and China Construction Bank Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AIRYY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Air China Ltd ADR reported a gross profit of 3.50B and revenue of 44.54B. Therefore, the gross margin over that period was 7.9%.

CICHF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, China Construction Bank Corporation reported a gross profit of 151.30B and revenue of 345.57B. Therefore, the gross margin over that period was 43.8%.

AIRYY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Air China Ltd ADR reported an operating income of 1.48B and revenue of 44.54B, resulting in an operating margin of 3.3%.

CICHF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, China Construction Bank Corporation reported an operating income of 98.25B and revenue of 345.57B, resulting in an operating margin of 28.4%.

AIRYY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Air China Ltd ADR reported a net income of 1.71B and revenue of 44.54B, resulting in a net margin of 3.9%.

CICHF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, China Construction Bank Corporation reported a net income of 85.47B and revenue of 345.57B, resulting in a net margin of 24.7%.

Frequently Asked Questions

Can I hold both AIRYY and CICHF in my portfolio?

AIRYY and CICHF have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIRYY or CICHF?

CICHF has higher volatility (33.27%) compared to AIRYY (0.00%). In terms of maximum drawdown, AIRYY dropped -88.18% vs CICHF's -72.65%.

Which has better risk-adjusted returns?

CICHF currently has the higher Sharpe Ratio (0.13 vs -0.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.