FNMAS vs. HACBY
FNMAS (Federal National Mortgage Association) and HACBY (Hachijuni Bank Ltd ADR) are both stocks. Both are in the Financial Services sector — FNMAS in Mortgage Finance, HACBY in Banks - Regional. Over the past 10 years, FNMAS returned 10.29%/yr vs -3.67%/yr for HACBY. At a 0.03 correlation, their price movements are largely independent.
Performance
FNMAS vs. HACBY - Performance Comparison
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Returns By Period
In the year-to-date period, FNMAS achieves a -22.52% return, which is significantly lower than HACBY's 23.35% return. Over the past 10 years, FNMAS has outperformed HACBY with an annualized return of 10.29%, while HACBY has yielded a comparatively lower -3.67% annualized return.
FNMAS
- 1D
- -0.84%
- 1M
- -10.13%
- YTD
- -22.52%
- 6M
- -22.11%
- 1Y
- -17.83%
- 3Y*
- 73.48%
- 5Y*
- 36.17%
- 10Y*
- 10.29%
HACBY
- 1D
- 0.00%
- 1M
- -0.67%
- YTD
- 23.35%
- 6M
- 23.35%
- 1Y
- 68.19%
- 3Y*
- -12.69%
- 5Y*
- -2.21%
- 10Y*
- -3.67%
FNMAS vs. HACBY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FNMAS Federal National Mortgage Association | -22.52% | 27.66% | 270.50% | 37.61% | -25.00% | -63.64% | -28.20% | 71.94% | -21.02% | 10.00% |
HACBY Hachijuni Bank Ltd ADR | 23.35% | 91.80% | -77.26% | 32.97% | 24.57% | -3.28% | -22.69% | 7.06% | -29.46% | -0.06% |
Correlation
The correlation between FNMAS and HACBY is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.03 |
Fundamentals
FNMAS:
$69.54B
HACBY:
$6.19B
FNMAS:
$2.77
HACBY:
¥283.66
FNMAS:
4.26
HACBY:
15.50
FNMAS:
0.00
HACBY:
0.50
FNMAS:
0.43
HACBY:
3.36
FNMAS:
$160.91B
HACBY:
¥299.73B
FNMAS:
$85.61B
HACBY:
¥244.80B
FNMAS:
$143.41B
HACBY:
¥80.85B
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Return for Risk
FNMAS vs. HACBY — Risk / Return Rank
FNMAS
HACBY
FNMAS vs. HACBY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federal National Mortgage Association (FNMAS) and Hachijuni Bank Ltd ADR (HACBY). 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.
| FNMAS | HACBY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.63 | ||
| Sortino ratioReturn per unit of downside risk | -2.77 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.79 | -0.84 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | 4.40 | -4.86 |
| Martin ratioReturn relative to average drawdown | -0.89 | 11.33 | -12.21 |
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Drawdowns
FNMAS vs. HACBY - Drawdown Comparison
The maximum FNMAS drawdown since its inception was -89.36%, roughly equal to the maximum HACBY drawdown of -85.63%. Use the drawdown chart below to compare losses from any high point for FNMAS and HACBY.
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Drawdown Indicators
| FNMAS | HACBY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.36% | -85.63% | -3.73% |
Max Drawdown (1Y)Largest decline over 1 year | -38.53% | -15.59% | -22.94% |
Max Drawdown (3Y)Largest decline over 3 years | -38.53% | -85.52% | +46.99% |
Max Drawdown (5Y)Largest decline over 5 years | -63.55% | -85.52% | +21.97% |
Max Drawdown (10Y)Largest decline over 10 years | -89.36% | -85.63% | -3.73% |
Current DrawdownCurrent decline from peak | -32.84% | -61.26% | +28.42% |
Average DrawdownAverage peak-to-trough decline | -42.61% | -41.06% | -1.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.12% | 6.04% | +14.08% |
Volatility
FNMAS vs. HACBY - Volatility Comparison
Federal National Mortgage Association (FNMAS) has a higher volatility of 9.34% compared to Hachijuni Bank Ltd ADR (HACBY) at 0.67%. This indicates that FNMAS's price experiences larger fluctuations and is considered to be riskier than HACBY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FNMAS | HACBY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.34% | 0.67% | +8.67% |
Volatility (6M)Calculated over the trailing 6-month period | 32.80% | 19.06% | +13.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.05% | 57.99% | -17.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.84% | 64.31% | +2.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.24% | 52.64% | +8.60% |
Dividends
FNMAS vs. HACBY - Dividend Comparison
FNMAS has not paid dividends to shareholders, while HACBY's dividend yield for the trailing twelve months is around 0.94%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FNMAS Federal National Mortgage Association | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HACBY Hachijuni Bank Ltd ADR | 0.94% | 2.95% | 7.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.26% | 2.44% |
Financials
FNMAS vs. HACBY - Financials Comparison
This section allows you to compare key financial metrics between Federal National Mortgage Association and Hachijuni Bank 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
FNMAS vs. HACBY - Profitability Comparison
FNMAS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Federal National Mortgage Association reported a gross profit of 0.00 and revenue of 40.22B. Therefore, the gross margin over that period was 0.0%.
HACBY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hachijuni Bank Ltd ADR reported a gross profit of 83.20B and revenue of 97.90B. Therefore, the gross margin over that period was 85.0%.
FNMAS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Federal National Mortgage Association reported an operating income of 0.00 and revenue of 40.22B, resulting in an operating margin of 0.0%.
HACBY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hachijuni Bank Ltd ADR reported an operating income of 12.70B and revenue of 97.90B, resulting in an operating margin of 13.0%.
FNMAS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Federal National Mortgage Association reported a net income of 5.61B and revenue of 40.22B, resulting in a net margin of 13.9%.
HACBY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hachijuni Bank Ltd ADR reported a net income of 17.17B and revenue of 97.90B, resulting in a net margin of 17.5%.
Frequently Asked Questions
FNMAS and HACBY have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FNMAS has higher volatility (9.34%) compared to HACBY (0.67%). In terms of maximum drawdown, FNMAS dropped -89.36% vs HACBY's -85.63%.
HACBY currently has the higher Sharpe Ratio (1.18 vs -0.45), 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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