CHT vs. FTS

Last updated Apr 1, 2026

Compare and contrast key facts about Chunghwa Telecom Co., Ltd. (CHT) and Fortis Inc (FTS).

Performance

CHT vs. FTS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Chunghwa Telecom Co., Ltd. (CHT) and Fortis Inc (FTS). The values are adjusted to include any dividend payments, if applicable.

CHT vs. FTS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CHT Chunghwa Telecom Co., Ltd.	1.27%	14.87%	0.20%	11.05%	-10.00%	13.48%	8.57%	7.35%	5.63%	16.48%
FTS Fortis Inc	8.31%	29.62%	5.81%	7.38%	-13.69%	22.73%	1.91%	29.00%	-5.86%	24.45%

Fundamentals

Market Cap CHT : $32.70B FTS : $33.97B
EPS CHT : $50.06 FTS : $3.12
PE Ratio CHT : 0.84 FTS : 17.90
PEG Ratio CHT : 0.42 FTS : 2.61
PS Ratio CHT : 0.14 FTS : 2.65
PB Ratio CHT : 0.08 FTS : 1.53
Total Revenue (TTM) CHT : $236.02B FTS : $11.34B
Gross Profit (TTM) CHT : $48.66B FTS : $6.40B
EBITDA (TTM) CHT : -$27.88B FTS : $5.35B

Returns By Period

In the year-to-date period, CHT achieves a 1.27% return, which is significantly lower than FTS's 8.31% return. Over the past 10 years, CHT has underperformed FTS with an annualized return of 6.19%, while FTS has yielded a comparatively higher 10.23% annualized return.

CHT

• 1D: 0.55%
• 1M: -2.31%
• YTD: 1.27%
• 6M: -3.16%
• 1Y: 11.70%
• 3Y*: 6.60%
• 5Y*: 5.46%
• 10Y*: 6.19%

FTS

• 1D: -0.48%
• 1M: -2.97%
• YTD: 8.31%
• 6M: 11.84%
• 1Y: 26.79%
• 3Y*: 14.12%
• 5Y*: 9.49%
• 10Y*: 10.23%

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

Return for Risk

CHT vs. FTS — Risk / Return Rank

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

CHT

CHT Risk / Return Rank: 63
CHT Sharpe Ratio Rank: 68
CHT Sortino Ratio Rank: 63
CHT Omega Ratio Rank: 59
CHT Calmar Ratio Rank: 64
CHT Martin Ratio Rank: 61

FTS

FTS Risk / Return Rank: 89
FTS Sharpe Ratio Rank: 89
FTS Sortino Ratio Rank: 88
FTS Omega Ratio Rank: 85
FTS Calmar Ratio Rank: 92
FTS Martin Ratio Rank: 90

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.

CHT vs. FTS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chunghwa Telecom Co., Ltd. (CHT) and Fortis Inc (FTS). 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.

	CHT	FTS	Difference
Sharpe ratio Return per unit of total volatility	0.76	1.84	-1.08
Sortino ratio Return per unit of downside risk	1.26	2.64	-1.38
Omega ratio Gain probability vs. loss probability	1.15	1.33	-0.17
Calmar ratio Return relative to maximum drawdown	1.05	4.16	-3.11
Martin ratio Return relative to average drawdown	2.04	10.72	-8.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CHT vs. FTS - Sharpe Ratio Comparison

The current CHT Sharpe Ratio is 0.76, which is lower than the FTS Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of CHT and FTS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CHT	FTS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	1.84	-1.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	0.59	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.54	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.62	-0.14

Correlation

The correlation between CHT and FTS is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CHT vs. FTS - Dividend Comparison

CHT's dividend yield for the trailing twelve months is around 3.95%, more than FTS's 3.25% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHT Chunghwa Telecom Co., Ltd.	3.95%	4.00%	3.91%	3.91%	4.35%	3.67%	3.67%	3.91%	4.44%	3.64%	4.32%	3.88%
FTS Fortis Inc	3.25%	3.42%	4.62%	4.50%	4.48%	3.40%	3.54%	3.31%	3.35%	4.43%	4.94%	0.00%

Drawdowns

CHT vs. FTS - Drawdown Comparison

The maximum CHT drawdown since its inception was -45.66%, which is greater than FTS's maximum drawdown of -34.36%. Use the drawdown chart below to compare losses from any high point for CHT and FTS.

Drawdown Indicators

	CHT	FTS	Difference
Max Drawdown Largest peak-to-trough decline	-45.66%	-34.36%	-11.30%
Max Drawdown (1Y) Largest decline over 1 year	-11.03%	-6.63%	-4.40%
Max Drawdown (5Y) Largest decline over 5 years	-23.69%	-29.96%	+6.27%
Max Drawdown (10Y) Largest decline over 10 years	-23.69%	-34.36%	+10.67%
Current Drawdown Current decline from peak	-7.75%	-4.73%	-3.02%
Average Drawdown Average peak-to-trough decline	-7.17%	-6.90%	-0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.64%	2.57%	+3.07%

Volatility

CHT vs. FTS - Volatility Comparison

Chunghwa Telecom Co., Ltd. (CHT) and Fortis Inc (FTS) have volatilities of 4.18% and 4.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHT	FTS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.18%	4.23%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	8.15%	9.72%	-1.57%
Volatility (1Y) Calculated over the trailing 1-year period	15.50%	14.66%	+0.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.91%	16.16%	-3.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.24%	18.96%	-6.72%

Financials

CHT vs. FTS - Profitability Comparison

The chart below illustrates the profitability comparison between Chunghwa Telecom Co., Ltd. and Fortis Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CHT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Chunghwa Telecom Co., Ltd. reported a gross profit of -15.52B and revenue of 66.27B. Therefore, the gross margin over that period was -23.4%.

FTS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Fortis Inc reported a gross profit of 1.38B and revenue of 3.08B. Therefore, the gross margin over that period was 44.8%.

CHT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Chunghwa Telecom Co., Ltd. reported an operating income of 11.38B and revenue of 66.27B, resulting in an operating margin of 17.2%.

FTS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Fortis Inc reported an operating income of 868.00M and revenue of 3.08B, resulting in an operating margin of 28.2%.

CHT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Chunghwa Telecom Co., Ltd. reported a net income of 9.38B and revenue of 66.27B, resulting in a net margin of 14.2%.

FTS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Fortis Inc reported a net income of 444.00M and revenue of 3.08B, resulting in a net margin of 14.4%.