HACBY vs. ELMD
HACBY (Hachijuni Bank Ltd ADR) and ELMD (Electromed, Inc.) are both stocks. HACBY operates in Banks - Regional (Financial Services), while ELMD operates in Medical Devices (Healthcare). Over the past 10 years, HACBY returned -3.64%/yr vs 24.98%/yr for ELMD. Their 0.00 correlation means their historical movements had little consistent relationship.
Performance
HACBY vs. ELMD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HACBY achieves a 37.17% return, which is significantly lower than ELMD's 39.87% return. Over the past 10 years, HACBY has underperformed ELMD with an annualized return of -3.64%, while ELMD has yielded a comparatively higher 24.98% annualized return.
HACBY
- 1D
- 0.00%
- 1M
- 11.21%
- 6M
- 37.17%
- YTD
- 37.17%
- 1Y
- 76.03%
- 3Y*
- -14.13%
- 5Y*
- -0.21%
- 10Y*
- -3.64%
- ALL TIME*
- -5.47%
ELMD
- 1D
- 1.14%
- 1M
- -10.35%
- 6M
- 36.36%
- YTD
- 39.87%
- 1Y
- 124.66%
- 3Y*
- 58.91%
- 5Y*
- 28.25%
- 10Y*
- 24.98%
- ALL TIME*
- 15.56%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ELMD Electromed, Inc. | $2.98M | $5.39M | $3.76M |
| $9.08 | $360.93 | $286.45 |
HACBY vs. ELMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HACBY Hachijuni Bank Ltd ADR | 37.17% | 91.80% | -77.26% | 32.97% | 24.57% | -3.28% | -22.69% | 7.06% | -29.46% | -0.06% |
ELMD Electromed, Inc. | 39.87% | -1.46% | 170.85% | 4.00% | -19.31% | 32.52% | 13.41% | 69.94% | -16.14% | 56.44% |
Correlation
The correlation between HACBY and ELMD is -0.04, 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. | -0.04 |
Correlation (3Y) Balances recent behavior with more history. | -0.03 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.02 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.01 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.00 |
Fundamentals
HACBY:
$6.89B
ELMD:
$337.25M
HACBY:
¥284.46
ELMD:
$1.17
HACBY:
16.75
ELMD:
34.96
HACBY:
0.54
ELMD:
0.96
HACBY:
3.63
ELMD:
4.92
HACBY:
0.94
ELMD:
7.16
HACBY:
¥299.73B
ELMD:
$71.75M
HACBY:
¥244.80B
ELMD:
$56.28M
HACBY:
¥80.85B
ELMD:
$14.10M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HACBY vs. ELMD — Risk / Return Rank
HACBY
ELMD
HACBY vs. ELMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hachijuni Bank Ltd ADR (HACBY) and Electromed, Inc. (ELMD). 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.
| HACBY | ELMD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 2.29 | 1.42 | +0.87 |
| Calmar ratioReturn relative to maximum drawdown | 4.92 | 5.35 | -0.42 |
| Martin ratioReturn relative to average drawdown | 15.47 | 11.61 | +3.85 |
Loading charts...
Drawdowns
HACBY vs. ELMD - Drawdown Comparison
The maximum HACBY drawdown since its inception was -85.63%, which is greater than ELMD's maximum drawdown of -78.65%. Use the drawdown chart below to compare losses from any high point for HACBY and ELMD.
Loading charts...
Drawdown Indicators
| HACBY | ELMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.63% | -78.65% | -6.98% |
Max Drawdown (1Y)Largest decline over 1 year | -15.53% | -23.27% | +7.74% |
Max Drawdown (3Y)Largest decline over 3 years | -85.52% | -48.86% | -36.66% |
Max Drawdown (5Y)Largest decline over 5 years | -85.52% | -48.86% | -36.66% |
Max Drawdown (10Y)Largest decline over 10 years | -85.63% | -55.84% | -29.79% |
Current DrawdownCurrent decline from peak | -56.92% | -12.05% | -44.87% |
Average DrawdownAverage peak-to-trough decline | -41.26% | -33.63% | -7.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.93% | 10.69% | -5.76% |
Volatility
HACBY vs. ELMD - Volatility Comparison
The current volatility for Hachijuni Bank Ltd ADR (HACBY) is 10.62%, while Electromed, Inc. (ELMD) has a volatility of 11.78%. This indicates that HACBY experiences smaller price fluctuations and is considered to be less risky than ELMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HACBY | ELMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.62% | 11.78% | -1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 21.74% | 37.83% | -16.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.96% | 52.60% | -4.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.45% | 46.47% | +17.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.55% | 52.96% | -0.41% |
Dividends
HACBY vs. ELMD - Dividend Comparison
HACBY's dividend yield for the trailing twelve months is around 0.85%, while ELMD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
ELMD Electromed, Inc. | 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 | 0.85% | 2.95% | 7.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.26% | 2.44% |
Financials
HACBY vs. ELMD - Financials Comparison
This section allows you to compare key financial metrics between Hachijuni Bank Ltd ADR and Electromed, Inc.. 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
HACBY vs. ELMD - Profitability Comparison
HACBY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
ELMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Electromed, Inc. reported a gross profit of 14.64M and revenue of 18.58M. Therefore, the gross margin over that period was 78.8%.
HACBY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 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%.
ELMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Electromed, Inc. reported an operating income of 3.77M and revenue of 18.58M, resulting in an operating margin of 20.3%.
HACBY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 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%.
ELMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Electromed, Inc. reported a net income of 3.00M and revenue of 18.58M, resulting in a net margin of 16.2%.
Frequently Asked Questions
HACBY and ELMD 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.
ELMD has higher volatility (11.78%) compared to HACBY (10.62%). In terms of maximum drawdown, HACBY dropped -85.63% vs ELMD's -78.65%.
ELMD currently has the higher Sharpe Ratio (2.37 vs 1.59), 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.
Find the right allocation for HACBY and ELMD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer