CIHKY vs. OVCHY
CIHKY (China Merchants Bank Co Ltd) and OVCHY (Overseas Chinese Banking Corp Ltd ADR) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, CIHKY returned 16.74%/yr vs 19.23%/yr for OVCHY. Their 0.21 correlation means their historical movements had little consistent relationship.
Performance
CIHKY vs. OVCHY - Performance Comparison
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Returns By Period
In the year-to-date period, CIHKY achieves a 0.77% return, which is significantly lower than OVCHY's 50.52% return. Over the past 10 years, CIHKY has underperformed OVCHY with an annualized return of 16.74%, while OVCHY has yielded a comparatively higher 19.23% annualized return.
CIHKY
- 1D
- -0.46%
- 1M
- 15.86%
- 6M
- 8.60%
- YTD
- 0.77%
- 1Y
- 6.86%
- 3Y*
- 16.30%
- 5Y*
- 1.52%
- 10Y*
- 16.74%
- ALL TIME*
- 10.81%
OVCHY
- 1D
- 0.02%
- 1M
- 16.78%
- 6M
- 39.44%
- YTD
- 50.52%
- 1Y
- 82.04%
- 3Y*
- 39.82%
- 5Y*
- 26.74%
- 10Y*
- 19.23%
- ALL TIME*
- 13.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $760.01K | $1.19M | $1.32M | |
| $1.47M | $1.50M | $1.30M |
CIHKY vs. OVCHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CIHKY China Merchants Bank Co Ltd | 0.77% | 39.35% | 54.40% | -33.54% | -26.03% | 26.66% | 25.64% | 45.48% | -5.00% | 81.40% |
OVCHY Overseas Chinese Banking Corp Ltd ADR | 50.52% | 33.93% | 33.06% | 15.54% | 11.75% | 14.29% | -1.22% | 1.15% | -8.35% | 59.34% |
Correlation
The correlation between CIHKY and OVCHY is 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.19 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Sep 23, 2010 | 0.21 |
The correlation between CIHKY and OVCHY shifts across timeframes, from 0.08 (1 year) to 0.26 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
CIHKY:
$163.63B
OVCHY:
$102.20B
CIHKY:
CN¥29.34
OVCHY:
SGD 4.84
CIHKY:
7.46
OVCHY:
12.04
CIHKY:
1.33
OVCHY:
1.07
CIHKY:
2.43
OVCHY:
5.07
CIHKY:
0.87
OVCHY:
2.14
CIHKY:
CN¥462.43B
OVCHY:
SGD 26.07B
CIHKY:
CN¥323.77B
OVCHY:
SGD 26.07B
CIHKY:
CN¥176.26B
OVCHY:
SGD 13.10B
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Return for Risk
CIHKY vs. OVCHY — Risk / Return Rank
CIHKY
OVCHY
CIHKY vs. OVCHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for China Merchants Bank Co Ltd (CIHKY) 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.
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.
| CIHKY | OVCHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.93 | ||
| Sortino ratioReturn per unit of downside risk | -4.80 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.69 | -0.63 |
| Calmar ratioReturn relative to maximum drawdown | 0.35 | 10.60 | -10.25 |
| Martin ratioReturn relative to average drawdown | 0.73 | 28.10 | -27.38 |
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Drawdowns
CIHKY vs. OVCHY - Drawdown Comparison
The maximum CIHKY drawdown since its inception was -62.69%, which is greater than OVCHY's maximum drawdown of -45.62%. Use the drawdown chart below to compare losses from any high point for CIHKY and OVCHY.
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Drawdown Indicators
| CIHKY | OVCHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.69% | -45.62% | -17.07% |
Max Drawdown (1Y)Largest decline over 1 year | -15.60% | -8.04% | -7.56% |
Max Drawdown (3Y)Largest decline over 3 years | -34.16% | -17.96% | -16.20% |
Max Drawdown (5Y)Largest decline over 5 years | -61.78% | -18.37% | -43.41% |
Max Drawdown (10Y)Largest decline over 10 years | -62.69% | -45.62% | -17.07% |
Current DrawdownCurrent decline from peak | -9.12% | -1.30% | -7.82% |
Average DrawdownAverage peak-to-trough decline | -21.77% | -9.82% | -11.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.51% | 3.02% | +4.49% |
Volatility
CIHKY vs. OVCHY - Volatility Comparison
The current volatility for China Merchants Bank Co Ltd (CIHKY) is 5.96%, while Overseas Chinese Banking Corp Ltd ADR (OVCHY) has a volatility of 6.33%. This indicates that CIHKY experiences smaller price fluctuations and is considered to be less risky 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
| CIHKY | OVCHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.96% | 6.33% | -0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 14.52% | 13.41% | +1.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.30% | 20.43% | +0.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.99% | 23.88% | +13.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.61% | 24.90% | +10.71% |
Dividends
CIHKY vs. OVCHY - Dividend Comparison
CIHKY's dividend yield for the trailing twelve months is around 4.51%, more than OVCHY's 3.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIHKY China Merchants Bank Co Ltd | 4.51% | 4.11% | 5.38% | 7.03% | 4.13% | 2.53% | 2.26% | 2.19% | 3.03% | 5.12% | 8.93% | 3.76% |
OVCHY Overseas Chinese Banking Corp Ltd ADR | 3.39% | 4.78% | 5.25% | 6.07% | 4.55% | 3.35% | 3.79% | 3.83% | 3.08% | 3.93% | 8.07% | 3.64% |
Financials
CIHKY vs. OVCHY - Financials Comparison
This section allows you to compare key financial metrics between China Merchants Bank Co Ltd 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
CIHKY vs. OVCHY - Profitability Comparison
CIHKY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, China Merchants Bank Co Ltd reported a gross profit of 86.94B and revenue of 117.41B. Therefore, the gross margin over that period was 74.1%.
OVCHY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
CIHKY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, China Merchants Bank Co Ltd reported an operating income of 44.68B and revenue of 117.41B, resulting in an operating margin of 38.1%.
OVCHY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 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%.
CIHKY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, China Merchants Bank Co Ltd reported a net income of 37.85B and revenue of 117.41B, resulting in a net margin of 32.2%.
OVCHY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 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
CIHKY and OVCHY have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OVCHY has higher volatility (6.33%) compared to CIHKY (5.96%). In terms of maximum drawdown, CIHKY dropped -62.69% vs OVCHY's -45.62%.
OVCHY currently has the higher Sharpe Ratio (4.19 vs 0.26), 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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