ESS vs. 0012.HK

Last updated Jun 13, 2026

ESS (Essex Property Trust, Inc.) and 0012.HK (Henderson Land) are both stocks. Both are in the Real Estate sector — ESS in REIT - Residential, 0012.HK in Real Estate - Diversified. Over the past 10 years, ESS returned 6.41%/yr vs 6.94%/yr for 0012.HK. At a 0.06 correlation, their price movements are largely independent.

Performance

ESS vs. 0012.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Essex Property Trust, Inc. (ESS) and Henderson Land (0012.HK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ESS is traded in USD, while 0012.HK is traded in HKD. To make them comparable, the 0012.HK values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ESS achieves a 10.69% return, which is significantly higher than 0012.HK's -2.43% return. Over the past 10 years, ESS has underperformed 0012.HK with an annualized return of 6.41%, while 0012.HK has yielded a comparatively higher 6.94% annualized return.

ESS

• 1D: 1.13%
• 1M: 4.34%
• YTD: 10.69%
• 6M: 12.44%
• 1Y: 1.86%
• 3Y*: 10.74%
• 5Y*: 1.56%
• 10Y*: 6.41%

0012.HK

• 1D: 0.99%
• 1M: -17.87%
• YTD: -2.43%
• 6M: -6.77%
• 1Y: 11.29%
• 3Y*: 10.97%
• 5Y*: -0.73%
• 10Y*: 6.94%

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

ESS vs. 0012.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ESS Essex Property Trust, Inc.	10.69%	-4.98%	18.36%	21.97%	-37.76%	52.40%	-18.09%	25.92%	4.83%	6.82%
0012.HK Henderson Land	-2.43%	28.05%	6.29%	-4.70%	-12.98%	14.71%	-15.82%	24.63%	-5.26%	54.77%

Correlation

The correlation between ESS and 0012.HK is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (10Y) Calculated over the trailing 10-year period	0.04
Correlation (All Time) Calculated using the full available price history since Jul 3, 2007	0.06

The correlation between ESS and 0012.HK shifts across timeframes, from -0.10 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ESS vs. 0012.HK — Risk / Return Rank

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

ESS

ESS Risk / Return Rank: 42
ESS Sharpe Ratio Rank: 46
ESS Sortino Ratio Rank: 38
ESS Omega Ratio Rank: 38
ESS Calmar Ratio Rank: 45
ESS Martin Ratio Rank: 45

0012.HK

0012.HK Risk / Return Rank: 54
0012.HK Sharpe Ratio Rank: 57
0012.HK Sortino Ratio Rank: 50
0012.HK Omega Ratio Rank: 49
0012.HK Calmar Ratio Rank: 54
0012.HK Martin Ratio Rank: 58

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.

ESS vs. 0012.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Essex Property Trust, Inc. (ESS) and Henderson Land (0012.HK). 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.

	ESS	0012.HK	Difference
Sharpe ratio: Return per unit of total volatility	0.09	0.42	-0.33
Sortino ratio: Return per unit of downside risk	0.26	0.79	-0.53
Omega ratio: Gain probability vs. loss probability	1.03	1.10	-0.06
Calmar ratio: Return relative to maximum drawdown	0.11	0.50	-0.39
Martin ratio: Return relative to average drawdown	0.19	1.46	-1.27

ESS vs. 0012.HK - Sharpe Ratio Comparison

The current ESS Sharpe Ratio is 0.09, which is lower than the 0012.HK Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of ESS and 0012.HK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ESS vs. 0012.HK - Drawdown Comparison

The maximum ESS drawdown since its inception was -62.67%, smaller than the maximum 0012.HK drawdown of -70.30%. Use the drawdown chart below to compare losses from any high point for ESS and 0012.HK.

Drawdown Indicators

	ESS	0012.HK	Difference
Max Drawdown Largest peak-to-trough decline	-62.67%	-70.30%	+7.63%
Max Drawdown (1Y) Largest decline over 1 year	-16.49%	-22.88%	+6.39%
Max Drawdown (3Y) Largest decline over 3 years	-20.77%	-26.90%	+6.13%
Max Drawdown (5Y) Largest decline over 5 years	-43.87%	-46.68%	+2.81%
Max Drawdown (10Y) Largest decline over 10 years	-44.84%	-48.04%	+3.20%
Current Drawdown Current decline from peak	-7.93%	-22.11%	+14.18%
Average Drawdown Average peak-to-trough decline	-10.86%	-19.37%	+8.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.80%	7.79%	+2.01%

Volatility

ESS vs. 0012.HK - Volatility Comparison

The current volatility for Essex Property Trust, Inc. (ESS) is 4.92%, while Henderson Land (0012.HK) has a volatility of 5.74%. This indicates that ESS experiences smaller price fluctuations and is considered to be less risky than 0012.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESS	0012.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.92%	5.74%	-0.82%
Volatility (6M) Calculated over the trailing 6-month period	14.24%	19.58%	-5.34%
Volatility (1Y) Calculated over the trailing 1-year period	20.80%	27.23%	-6.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.71%	27.64%	-3.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.81%	25.15%	+0.66%

Dividends

ESS vs. 0012.HK - Dividend Comparison

ESS's dividend yield for the trailing twelve months is around 3.63%, less than 0012.HK's 4.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0012.HK Henderson Land	4.68%	6.40%	7.63%	7.48%	6.61%	5.42%	5.95%	4.71%	4.15%	2.93%	4.47%	3.30%
ESS Essex Property Trust, Inc.	3.63%	3.88%	2.57%	3.73%	4.15%	2.37%	3.50%	2.59%	3.03%	2.90%	2.75%	2.41%

Financials

Frequently Asked Questions

Can I hold both ESS and 0012.HK in my portfolio?

ESS and 0012.HK have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.