CHT vs. VOD

Last updated Apr 2, 2026

Compare and contrast key facts about Chunghwa Telecom Co., Ltd. (CHT) and Vodafone Group Plc (VOD).

Performance

CHT vs. VOD - Performance Comparison

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

CHT vs. VOD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CHT Chunghwa Telecom Co., Ltd.	1.63%	14.87%	0.20%	11.05%	-10.00%	13.48%	8.57%	7.35%	5.63%	16.48%
VOD Vodafone Group Plc	14.53%	63.00%	5.68%	-4.59%	-27.22%	-3.57%	-9.63%	5.64%	-34.92%	38.22%

Fundamentals

Market Cap CHT : $32.82B VOD : $37.28B
EPS CHT : $50.06 VOD : -$0.75
PS Ratio CHT : 0.14 VOD : 0.52
PB Ratio CHT : 0.08 VOD : 0.71
Total Revenue (TTM) CHT : $236.02B VOD : $71.84B
Gross Profit (TTM) CHT : $48.66B VOD : $24.50B
EBITDA (TTM) CHT : -$27.88B VOD : $26.39B

Returns By Period

In the year-to-date period, CHT achieves a 1.63% return, which is significantly lower than VOD's 14.53% return. Over the past 10 years, CHT has outperformed VOD with an annualized return of 6.23%, while VOD has yielded a comparatively lower -0.35% annualized return.

CHT

• 1D: 0.36%
• 1M: -2.95%
• YTD: 1.63%
• 6M: -3.40%
• 1Y: 11.73%
• 3Y*: 6.72%
• 5Y*: 5.54%
• 10Y*: 6.23%

VOD

• 1D: 0.73%
• 1M: -0.33%
• YTD: 14.53%
• 6M: 34.06%
• 1Y: 70.99%
• 3Y*: 19.94%
• 5Y*: 3.06%
• 10Y*: -0.35%

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

Return for Risk

CHT vs. VOD — Risk / Return Rank

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

CHT

CHT Risk / Return Rank: 62
CHT Sharpe Ratio Rank: 67
CHT Sortino Ratio Rank: 61
CHT Omega Ratio Rank: 58
CHT Calmar Ratio Rank: 64
CHT Martin Ratio Rank: 61

VOD

VOD Risk / Return Rank: 94
VOD Sharpe Ratio Rank: 94
VOD Sortino Ratio Rank: 92
VOD Omega Ratio Rank: 94
VOD Calmar Ratio Rank: 94
VOD Martin Ratio Rank: 95

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. VOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chunghwa Telecom Co., Ltd. (CHT) and Vodafone Group Plc (VOD). 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	VOD	Difference
Sharpe ratio Return per unit of total volatility	0.76	2.57	-1.81
Sortino ratio Return per unit of downside risk	1.26	3.16	-1.90
Omega ratio Gain probability vs. loss probability	1.15	1.47	-0.32
Calmar ratio Return relative to maximum drawdown	1.10	5.49	-4.40
Martin ratio Return relative to average drawdown	2.14	17.09	-14.95
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. VOD - Sharpe Ratio Comparison

The current CHT Sharpe Ratio is 0.76, which is lower than the VOD Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of CHT and VOD, 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	VOD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	2.57	-1.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	0.11	+0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	-0.01	+0.52
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.31	+0.17

Correlation

The correlation between CHT and VOD is 0.31, 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. VOD - Dividend Comparison

CHT's dividend yield for the trailing twelve months is around 3.94%, more than VOD's 3.37% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHT Chunghwa Telecom Co., Ltd.	3.94%	4.00%	3.91%	3.91%	4.35%	3.67%	3.67%	3.91%	4.44%	3.64%	4.32%	3.88%
VOD Vodafone Group Plc	3.37%	3.86%	8.58%	11.15%	9.27%	7.04%	6.11%	4.92%	8.99%	5.33%	12.26%	6.77%

Drawdowns

CHT vs. VOD - Drawdown Comparison

The maximum CHT drawdown since its inception was -45.66%, smaller than the maximum VOD drawdown of -79.32%. Use the drawdown chart below to compare losses from any high point for CHT and VOD.

Drawdown Indicators

	CHT	VOD	Difference
Max Drawdown Largest peak-to-trough decline	-45.66%	-79.32%	+33.66%
Max Drawdown (1Y) Largest decline over 1 year	-11.03%	-12.59%	+1.56%
Max Drawdown (5Y) Largest decline over 5 years	-23.69%	-49.49%	+25.80%
Max Drawdown (10Y) Largest decline over 10 years	-23.69%	-62.36%	+38.67%
Current Drawdown Current decline from peak	-7.43%	-19.84%	+12.41%
Average Drawdown Average peak-to-trough decline	-7.17%	-32.78%	+25.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.66%	4.05%	+1.61%

Volatility

CHT vs. VOD - Volatility Comparison

The current volatility for Chunghwa Telecom Co., Ltd. (CHT) is 4.21%, while Vodafone Group Plc (VOD) has a volatility of 5.76%. This indicates that CHT experiences smaller price fluctuations and is considered to be less risky than VOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHT	VOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.21%	5.76%	-1.55%
Volatility (6M) Calculated over the trailing 6-month period	8.16%	19.50%	-11.34%
Volatility (1Y) Calculated over the trailing 1-year period	15.50%	27.76%	-12.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.92%	26.79%	-13.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.23%	27.69%	-15.46%

Financials

CHT vs. VOD - Profitability Comparison

The chart below illustrates the profitability comparison between Chunghwa Telecom Co., Ltd. and Vodafone Group Plc 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%.

VOD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Vodafone Group Plc reported a gross profit of 6.38B and revenue of 19.61B. Therefore, the gross margin over that period was 32.5%.

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%.

VOD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Vodafone Group Plc reported an operating income of 2.16B and revenue of 19.61B, resulting in an operating margin of 11.0%.

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%.

VOD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Vodafone Group Plc reported a net income of 829.00M and revenue of 19.61B, resulting in a net margin of 4.2%.