GMS vs. 0700.HK

Last updated Jun 3, 2026

GMS (GMS Inc.) and 0700.HK (Tencent Holdings Ltd) are both stocks. GMS operates in Building Products & Equipment (Industrials), while 0700.HK operates in Internet Content & Information (Communication Services). At a 0.04 correlation, their price movements are largely independent.

Performance

GMS vs. 0700.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GMS Inc. (GMS) and Tencent Holdings Ltd (0700.HK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

GMS is traded in USD, while 0700.HK is traded in HKD. To make them comparable, the 0700.HK values have been converted to USD using the latest available exchange rates.

Returns By Period

GMS

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

0700.HK

• 1D: 10.52%
• 1M: 4.15%
• YTD: -19.19%
• 6M: -21.53%
• 1Y: -2.11%
• 3Y*: 14.07%
• 5Y*: -2.55%
• 10Y*: 12.38%

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

GMS vs. 0700.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GMS GMS Inc.	0.00%	29.62%	2.91%	65.52%	-17.15%	97.21%	12.56%	82.23%	-60.52%	28.55%
0700.HK Tencent Holdings Ltd	-19.19%	44.65%	43.98%	-6.77%	-24.15%	-19.24%	51.32%	20.58%	-22.68%	112.94%

Correlation

The correlation between GMS and 0700.HK is -0.10, 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	-0.10
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (10Y) Calculated over the trailing 10-year period	0.04
Correlation (All Time) Calculated using the full available price history since May 27, 2016	0.04

The correlation between GMS and 0700.HK shifts across timeframes, from -0.10 (1 year) to 0.05 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

GMS vs. 0700.HK — Risk / Return Rank

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

0700.HK

0700.HK Risk / Return Rank: 34
0700.HK Sharpe Ratio Rank: 37
0700.HK Sortino Ratio Rank: 32
0700.HK Omega Ratio Rank: 32
0700.HK Calmar Ratio Rank: 35
0700.HK Martin Ratio Rank: 33

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.

GMS vs. 0700.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GMS Inc. (GMS) and Tencent Holdings Ltd (0700.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GMS	0700.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.07	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.07	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.70	—

Drawdowns

Drawdown Indicators

	GMS	0700.HK	Difference
Max Drawdown Largest peak-to-trough decline	—	-73.04%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-36.95%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-36.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-66.28%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-73.04%	—
Current Drawdown Current decline from peak	—	-29.29%	—
Average Drawdown Average peak-to-trough decline	—	-19.66%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	15.80%	—

Volatility

Volatility by Period

	GMS	0700.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	23.32%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	29.23%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	39.32%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	35.61%	—

Dividends

GMS vs. 0700.HK - Dividend Comparison

GMS has not paid dividends to shareholders, while 0700.HK's dividend yield for the trailing twelve months is around 1.10%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0700.HK Tencent Holdings Ltd	1.10%	0.75%	0.82%	0.82%	0.98%	0.35%	0.21%	0.27%	0.29%	0.15%	0.25%	0.24%
GMS GMS Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both GMS and 0700.HK in my portfolio?

GMS and 0700.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.