BACHY vs. PNGAY

Last updated Jun 3, 2026

BACHY (Bank of China Ltd ADR) and PNGAY (Ping An Insurance Company of China) are both stocks. Both are in the Financial Services sector — BACHY in Banks - Diversified, PNGAY in Insurance - Life. Over the past 10 years, BACHY returned 13.27%/yr vs 9.78%/yr for PNGAY. A 0.57 correlation means they provide meaningful diversification when combined.

Performance

BACHY vs. PNGAY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bank of China Ltd ADR (BACHY) and Ping An Insurance Company of China (PNGAY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BACHY achieves a 17.86% return, which is significantly higher than PNGAY's -7.69% return. Over the past 10 years, BACHY has outperformed PNGAY with an annualized return of 13.27%, while PNGAY has yielded a comparatively lower 9.78% annualized return.

BACHY

• 1D: 1.51%
• 1M: 3.82%
• YTD: 17.86%
• 6M: 15.07%
• 1Y: 20.61%
• 3Y*: 29.74%
• 5Y*: 20.81%
• 10Y*: 13.27%

PNGAY

• 1D: 1.18%
• 1M: -5.26%
• YTD: -7.69%
• 6M: 6.02%
• 1Y: 34.27%
• 3Y*: 11.79%
• 5Y*: -1.19%
• 10Y*: 9.78%

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

BACHY vs. PNGAY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BACHY Bank of China Ltd ADR	17.86%	23.87%	43.09%	14.58%	10.54%	14.31%	-14.46%	4.65%	-8.11%	15.60%
PNGAY Ping An Insurance Company of China	-7.69%	52.29%	38.53%	-27.60%	-2.17%	-39.34%	5.51%	39.67%	-15.03%	113.23%

Correlation

The correlation between BACHY and PNGAY is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Apr 27, 2009	0.57

The correlation between BACHY and PNGAY shifts across timeframes, from 0.42 (1 year) to 0.57 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap BACHY : $198.18B PNGAY : $155.04B
EPS BACHY : $19.38 PNGAY : $14.31
PE Ratio BACHY : 0.87 PNGAY : 1.08
PEG Ratio BACHY : 0.72 PNGAY : 0.13
PS Ratio BACHY : 0.17 PNGAY : 0.15
PB Ratio BACHY : 0.07 PNGAY : 0.15
Total Revenue (TTM) BACHY : $1.22T PNGAY : $973.47B
Gross Profit (TTM) BACHY : $635.71B PNGAY : $968.48B
EBITDA (TTM) BACHY : $307.28B PNGAY : $163.00B

Return for Risk

BACHY vs. PNGAY — Risk / Return Rank

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

BACHY

BACHY Risk / Return Rank: 71
BACHY Sharpe Ratio Rank: 76
BACHY Sortino Ratio Rank: 72
BACHY Omega Ratio Rank: 67
BACHY Calmar Ratio Rank: 67
BACHY Martin Ratio Rank: 71

PNGAY

PNGAY Risk / Return Rank: 72
PNGAY Sharpe Ratio Rank: 77
PNGAY Sortino Ratio Rank: 74
PNGAY Omega Ratio Rank: 71
PNGAY Calmar Ratio Rank: 68
PNGAY Martin Ratio Rank: 70

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.

BACHY vs. PNGAY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bank of China Ltd ADR (BACHY) and Ping An Insurance Company of China (PNGAY). 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.

	BACHY	PNGAY	Difference
Sharpe ratio Return per unit of total volatility	1.21	1.31	-0.10
Sortino ratio Return per unit of downside risk	1.88	1.96	-0.08
Omega ratio Gain probability vs. loss probability	1.21	1.24	-0.02
Calmar ratio Return relative to maximum drawdown	1.42	1.48	-0.06
Martin ratio Return relative to average drawdown	4.10	4.01	+0.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BACHY vs. PNGAY - Sharpe Ratio Comparison

The current BACHY Sharpe Ratio is 1.21, which is comparable to the PNGAY Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of BACHY and PNGAY, 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

	BACHY	PNGAY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.21	1.31	-0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.07	-0.03	+1.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	0.28	+0.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.05	+0.36

Drawdowns

BACHY vs. PNGAY - Drawdown Comparison

The maximum BACHY drawdown since its inception was -53.68%, smaller than the maximum PNGAY drawdown of -78.52%. Use the drawdown chart below to compare losses from any high point for BACHY and PNGAY.

Drawdown Indicators

	BACHY	PNGAY	Difference
Max Drawdown Largest peak-to-trough decline	-53.68%	-78.52%	+24.84%
Max Drawdown (1Y) Largest decline over 1 year	-13.43%	-23.83%	+10.40%
Max Drawdown (3Y) Largest decline over 3 years	-15.70%	-46.53%	+30.83%
Max Drawdown (5Y) Largest decline over 5 years	-16.91%	-59.12%	+42.21%
Max Drawdown (10Y) Largest decline over 10 years	-40.98%	-66.83%	+25.85%
Current Drawdown Current decline from peak	0.00%	-26.31%	+26.31%
Average Drawdown Average peak-to-trough decline	-19.89%	-42.82%	+22.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.65%	8.81%	-4.16%

Volatility

BACHY vs. PNGAY - Volatility Comparison

The current volatility for Bank of China Ltd ADR (BACHY) is 4.52%, while Ping An Insurance Company of China (PNGAY) has a volatility of 6.15%. This indicates that BACHY experiences smaller price fluctuations and is considered to be less risky than PNGAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BACHY	PNGAY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.52%	6.15%	-1.63%
Volatility (6M) Calculated over the trailing 6-month period	12.56%	20.59%	-8.03%
Volatility (1Y) Calculated over the trailing 1-year period	17.18%	26.34%	-9.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.61%	40.85%	-21.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.62%	34.71%	-14.09%

Dividends

BACHY vs. PNGAY - Dividend Comparison

BACHY's dividend yield for the trailing twelve months is around 2.28%, more than PNGAY's 1.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BACHY Bank of China Ltd ADR	2.28%	8.52%	6.46%	8.92%	9.64%	8.57%	7.99%	5.32%	5.42%	4.08%	11.53%	7.39%
PNGAY Ping An Insurance Company of China	1.71%	4.23%	5.81%	7.66%	5.81%	4.47%	2.05%	1.88%	2.35%	1.17%	3.03%	1.99%

Financials

BACHY vs. PNGAY - Profitability Comparison

The chart below illustrates the profitability comparison between Bank of China Ltd ADR and Ping An Insurance Company of China over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BACHY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bank of China Ltd ADR reported a gross profit of 143.17B and revenue of 311.94B. Therefore, the gross margin over that period was 45.9%.

PNGAY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ping An Insurance Company of China reported a gross profit of 183.80B and revenue of 186.35B. Therefore, the gross margin over that period was 98.6%.

BACHY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bank of China Ltd ADR reported an operating income of 74.31B and revenue of 311.94B, resulting in an operating margin of 23.8%.

PNGAY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ping An Insurance Company of China reported an operating income of 35.08B and revenue of 186.35B, resulting in an operating margin of 18.8%.

BACHY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bank of China Ltd ADR reported a net income of 56.29B and revenue of 311.94B, resulting in a net margin of 18.0%.

PNGAY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ping An Insurance Company of China reported a net income of 25.02B and revenue of 186.35B, resulting in a net margin of 13.4%.

Frequently Asked Questions

Can I hold both BACHY and PNGAY in my portfolio?

BACHY and PNGAY have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BACHY or PNGAY?

PNGAY has higher volatility (6.15%) compared to BACHY (4.52%). In terms of maximum drawdown, BACHY dropped -53.68% vs PNGAY's -78.52%.

Which has better risk-adjusted returns?

PNGAY currently has the higher Sharpe Ratio (1.31 vs 1.21), 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.