AXS vs. OVCHY
AXS (AXIS Capital Holdings Limited) and OVCHY (Overseas Chinese Banking Corp Ltd ADR) are both stocks. Both are in the Financial Services sector — AXS in Insurance - Property & Casualty, OVCHY in Banks - Regional. Over the past 10 years, AXS returned 8.85%/yr vs 17.14%/yr for OVCHY. At a 0.11 correlation, their price movements are largely independent.
Performance
AXS vs. OVCHY - Performance Comparison
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Returns By Period
In the year-to-date period, AXS achieves a -8.44% return, which is significantly lower than OVCHY's 21.10% return. Over the past 10 years, AXS has underperformed OVCHY with an annualized return of 8.85%, while OVCHY has yielded a comparatively higher 17.14% annualized return.
AXS
- 1D
- 1.47%
- 1M
- -1.78%
- YTD
- -8.44%
- 6M
- -0.65%
- 1Y
- -4.53%
- 3Y*
- 24.78%
- 5Y*
- 16.62%
- 10Y*
- 8.85%
OVCHY
- 1D
- -1.27%
- 1M
- 4.32%
- YTD
- 21.10%
- 6M
- 30.73%
- 1Y
- 52.46%
- 3Y*
- 33.96%
- 5Y*
- 20.56%
- 10Y*
- 17.14%
AXS vs. OVCHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXS AXIS Capital Holdings Limited | -8.44% | 22.96% | 63.90% | 5.57% | 2.63% | 11.81% | -11.92% | 18.26% | 5.75% | -20.96% |
OVCHY Overseas Chinese Banking Corp Ltd ADR | 21.10% | 33.93% | 33.06% | 15.54% | 11.75% | 14.29% | -1.22% | 1.15% | -8.35% | 59.34% |
Correlation
The correlation between AXS and OVCHY is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2010 | 0.11 |
The correlation between AXS and OVCHY shifts across timeframes, from 0.01 (3 years) to 0.15 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
AXS:
$7.34B
OVCHY:
$82.88B
AXS:
$13.77
OVCHY:
$4.85
AXS:
7.09
OVCHY:
7.53
AXS:
0.13
OVCHY:
0.67
AXS:
1.15
OVCHY:
3.17
AXS:
1.15
OVCHY:
1.34
AXS:
$6.61B
OVCHY:
$26.07B
AXS:
$3.55B
OVCHY:
$26.07B
AXS:
$2.61B
OVCHY:
$13.10B
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Return for Risk
AXS vs. OVCHY — Risk / Return Rank
AXS
OVCHY
AXS vs. OVCHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AXIS Capital Holdings Limited (AXS) and Overseas Chinese Banking Corp Ltd ADR (OVCHY). 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.
| AXS | OVCHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.65 | ||
| Sortino ratioReturn per unit of downside risk | -3.42 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.43 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.31 | 6.56 | -6.87 |
| Martin ratioReturn relative to average drawdown | -0.68 | 17.26 | -17.94 |
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
| AXS | OVCHY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.20 | 2.45 | -2.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.87 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.69 | -0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.48 | -0.15 |
Drawdowns
AXS vs. OVCHY - Drawdown Comparison
The maximum AXS drawdown since its inception was -55.93%, which is greater than OVCHY's maximum drawdown of -45.62%. Use the drawdown chart below to compare losses from any high point for AXS and OVCHY.
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Drawdown Indicators
| AXS | OVCHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.93% | -45.62% | -10.31% |
Max Drawdown (1Y)Largest decline over 1 year | -14.60% | -8.04% | -6.56% |
Max Drawdown (3Y)Largest decline over 3 years | -16.73% | -17.96% | +1.23% |
Max Drawdown (5Y)Largest decline over 5 years | -18.99% | -18.37% | -0.62% |
Max Drawdown (10Y)Largest decline over 10 years | -49.31% | -45.62% | -3.69% |
Current DrawdownCurrent decline from peak | -9.83% | -4.40% | -5.43% |
Average DrawdownAverage peak-to-trough decline | -12.15% | -9.90% | -2.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.69% | 3.05% | +3.64% |
Volatility
AXS vs. OVCHY - Volatility Comparison
AXIS Capital Holdings Limited (AXS) has a higher volatility of 7.25% compared to Overseas Chinese Banking Corp Ltd ADR (OVCHY) at 4.96%. This indicates that AXS's price experiences larger fluctuations and is considered to be riskier than OVCHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXS | OVCHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.25% | 4.96% | +2.29% |
Volatility (6M)Calculated over the trailing 6-month period | 15.59% | 12.65% | +2.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.73% | 21.58% | +1.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.00% | 23.82% | +1.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.58% | 25.04% | +1.54% |
Dividends
AXS vs. OVCHY - Dividend Comparison
AXS's dividend yield for the trailing twelve months is around 1.80%, less than OVCHY's 4.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXS AXIS Capital Holdings Limited | 1.80% | 1.64% | 1.99% | 3.18% | 3.19% | 3.10% | 3.27% | 2.71% | 3.04% | 3.04% | 2.19% | 2.17% |
OVCHY Overseas Chinese Banking Corp Ltd ADR | 4.21% | 4.78% | 5.25% | 6.07% | 4.55% | 3.35% | 3.79% | 3.83% | 3.08% | 3.93% | 8.07% | 3.64% |
Financials
AXS vs. OVCHY - Financials Comparison
This section allows you to compare key financial metrics between AXIS Capital Holdings Limited and Overseas Chinese Banking Corp Ltd ADR. 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
AXS vs. OVCHY - Profitability Comparison
AXS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AXIS Capital Holdings Limited reported a gross profit of 1.64B and revenue of 1.64B. Therefore, the gross margin over that period was 99.9%.
OVCHY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Overseas Chinese Banking Corp Ltd ADR reported a gross profit of 8.70B and revenue of 8.70B. Therefore, the gross margin over that period was 100.0%.
AXS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AXIS Capital Holdings Limited reported an operating income of 1.48B and revenue of 1.64B, resulting in an operating margin of 90.2%.
OVCHY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Overseas Chinese Banking Corp Ltd ADR reported an operating income of 4.51B and revenue of 8.70B, resulting in an operating margin of 51.8%.
AXS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AXIS Capital Holdings Limited reported a net income of 254.77M and revenue of 1.64B, resulting in a net margin of 15.5%.
OVCHY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Overseas Chinese Banking Corp Ltd ADR reported a net income of 3.71B and revenue of 8.70B, resulting in a net margin of 42.6%.
Frequently Asked Questions
AXS and OVCHY have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AXS has higher volatility (7.25%) compared to OVCHY (4.96%). In terms of maximum drawdown, AXS dropped -55.93% vs OVCHY's -45.62%.
OVCHY currently has the higher Sharpe Ratio (2.45 vs -0.20), 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.
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