CICHY vs. HSBC
CICHY (China Construction Bank Corp) and HSBC (HSBC Holdings plc) are both stocks. Both operate in the Banks - Diversified industry within the Financial Services sector. Over the past 10 years, CICHY returned 13.56%/yr vs 18.55%/yr for HSBC. At a 0.48 correlation, their price movements are largely independent.
Performance
CICHY vs. HSBC - Performance Comparison
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Returns By Period
In the year-to-date period, CICHY achieves a 12.01% return, which is significantly lower than HSBC's 25.62% return. Over the past 10 years, CICHY has underperformed HSBC with an annualized return of 13.56%, while HSBC has yielded a comparatively higher 18.55% annualized return.
CICHY
- 1D
- 0.91%
- 1M
- -0.85%
- YTD
- 12.01%
- 6M
- 13.04%
- 1Y
- 14.00%
- 3Y*
- 31.33%
- 5Y*
- 15.57%
- 10Y*
- 13.56%
HSBC
- 1D
- -0.95%
- 1M
- 3.88%
- YTD
- 25.62%
- 6M
- 24.65%
- 1Y
- 70.17%
- 3Y*
- 45.60%
- 5Y*
- 34.49%
- 10Y*
- 18.55%
CICHY vs. HSBC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CICHY China Construction Bank Corp | 12.01% | 31.78% | 49.67% | 4.46% | -2.29% | -3.15% | -8.81% | 11.09% | -7.66% | 33.81% |
HSBC HSBC Holdings plc | 25.62% | 67.91% | 34.48% | 39.45% | 7.79% | 20.76% | -31.71% | 1.44% | -16.05% | 36.04% |
Correlation
The correlation between CICHY and HSBC is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Feb 12, 2009 | 0.48 |
The correlation between CICHY and HSBC shifts across timeframes, from 0.28 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CICHY:
$288.94B
HSBC:
$330.61B
CICHY:
CN¥24.86
HSBC:
$6.38
CICHY:
6.01
HSBC:
14.98
CICHY:
0.57
HSBC:
0.74
CICHY:
1.80
HSBC:
2.60
CICHY:
0.53
HSBC:
1.89
CICHY:
CN¥1.14T
HSBC:
$128.37B
CICHY:
CN¥760.54B
HSBC:
$65.42B
CICHY:
CN¥402.61B
HSBC:
$34.27B
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Return for Risk
CICHY vs. HSBC — Risk / Return Rank
CICHY
HSBC
CICHY vs. HSBC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for China Construction Bank Corp (CICHY) and HSBC Holdings plc (HSBC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CICHY | HSBC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.90 | ||
| Sortino ratioReturn per unit of downside risk | -2.16 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.45 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 0.91 | 4.33 | -3.43 |
| Martin ratioReturn relative to average drawdown | 2.38 | 15.29 | -12.90 |
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Drawdowns
CICHY vs. HSBC - Drawdown Comparison
The maximum CICHY drawdown since its inception was -44.82%, smaller than the maximum HSBC drawdown of -74.47%. Use the drawdown chart below to compare losses from any high point for CICHY and HSBC.
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Drawdown Indicators
| CICHY | HSBC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.82% | -74.47% | +29.65% |
Max Drawdown (1Y)Largest decline over 1 year | -15.49% | -16.28% | +0.79% |
Max Drawdown (3Y)Largest decline over 3 years | -15.49% | -21.83% | +6.34% |
Max Drawdown (5Y)Largest decline over 5 years | -27.91% | -31.80% | +3.89% |
Max Drawdown (10Y)Largest decline over 10 years | -40.27% | -62.26% | +21.99% |
Current DrawdownCurrent decline from peak | -3.66% | -0.95% | -2.71% |
Average DrawdownAverage peak-to-trough decline | -18.30% | -24.07% | +5.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.89% | 4.60% | +1.29% |
Volatility
CICHY vs. HSBC - Volatility Comparison
The current volatility for China Construction Bank Corp (CICHY) is 6.01%, while HSBC Holdings plc (HSBC) has a volatility of 9.08%. This indicates that CICHY experiences smaller price fluctuations and is considered to be less risky than HSBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CICHY | HSBC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.01% | 9.08% | -3.07% |
Volatility (6M)Calculated over the trailing 6-month period | 13.79% | 22.24% | -8.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.85% | 26.99% | -7.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.24% | 25.94% | -4.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.81% | 25.43% | -2.62% |
Dividends
CICHY vs. HSBC - Dividend Comparison
CICHY's dividend yield for the trailing twelve months is around 2.37%, less than HSBC's 3.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CICHY China Construction Bank Corp | 2.37% | 8.26% | 6.71% | 9.13% | 8.70% | 6.32% | 5.08% | 4.42% | 4.80% | 8.33% | 10.74% | 6.14% |
HSBC HSBC Holdings plc | 3.92% | 4.19% | 8.29% | 6.54% | 4.33% | 3.65% | 4.05% | 6.52% | 6.20% | 4.94% | 6.35% | 6.33% |
Financials
CICHY vs. HSBC - Financials Comparison
This section allows you to compare key financial metrics between China Construction Bank Corp and HSBC Holdings plc. 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
CICHY vs. HSBC - Profitability Comparison
CICHY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, China Construction Bank Corp reported a gross profit of 211.00B and revenue of 345.49B. Therefore, the gross margin over that period was 61.1%.
HSBC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported a gross profit of 16.93B and revenue of 32.92B. Therefore, the gross margin over that period was 51.4%.
CICHY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, China Construction Bank Corp reported an operating income of 99.20B and revenue of 345.49B, resulting in an operating margin of 28.7%.
HSBC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported an operating income of 9.36B and revenue of 32.92B, resulting in an operating margin of 28.4%.
CICHY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, China Construction Bank Corp reported a net income of 86.29B and revenue of 345.49B, resulting in a net margin of 25.0%.
HSBC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HSBC Holdings plc reported a net income of 7.33B and revenue of 32.92B, resulting in a net margin of 22.3%.
Frequently Asked Questions
CICHY and HSBC have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HSBC has higher volatility (9.08%) compared to CICHY (6.01%). In terms of maximum drawdown, CICHY dropped -44.82% vs HSBC's -74.47%.
HSBC currently has the higher Sharpe Ratio (2.61 vs 0.71), 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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