HESAY vs. 0883.HK

Last updated Jun 13, 2026

HESAY (Hermes International SA) and 0883.HK (CNOOC Ltd) are both stocks. HESAY operates in Luxury Goods (Consumer Cyclical), while 0883.HK operates in Oil & Gas E&P (Energy). Over the past 10 years, HESAY returned 19.56%/yr vs 18.61%/yr for 0883.HK. At a 0.08 correlation, their price movements are largely independent.

Performance

HESAY vs. 0883.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hermes International SA (HESAY) and CNOOC Ltd (0883.HK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

HESAY is traded in USD, while 0883.HK is traded in HKD. To make them comparable, the 0883.HK values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, HESAY achieves a -20.12% return, which is significantly lower than 0883.HK's 18.76% return. Both investments have delivered pretty close results over the past 10 years, with HESAY having a 19.56% annualized return and 0883.HK not far behind at 18.61%.

HESAY

• 1D: 1.27%
• 1M: 4.96%
• YTD: -20.12%
• 6M: -20.92%
• 1Y: -26.73%
• 3Y*: -1.83%
• 5Y*: 7.14%
• 10Y*: 19.56%

0883.HK

• 1D: 0.82%
• 1M: -4.39%
• YTD: 18.76%
• 6M: 21.18%
• 1Y: 44.48%
• 3Y*: 39.59%
• 5Y*: 34.22%
• 10Y*: 18.61%

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

HESAY vs. 0883.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HESAY Hermes International SA	-20.12%	4.83%	13.70%	38.27%	-11.23%	63.06%	44.39%	37.55%	4.07%	32.55%
0883.HK CNOOC Ltd	18.76%	19.56%	58.71%	44.92%	46.73%	18.97%	-40.19%	14.22%	12.51%	20.38%

Correlation

The correlation between HESAY and 0883.HK is 0.02, 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	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (10Y) Calculated over the trailing 10-year period	0.08
Correlation (All Time) Calculated using the full available price history since Aug 28, 2009	0.08

Return for Risk

HESAY vs. 0883.HK — Risk / Return Rank

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

HESAY

HESAY Risk / Return Rank: 11
HESAY Sharpe Ratio Rank: 8
HESAY Sortino Ratio Rank: 10
HESAY Omega Ratio Rank: 11
HESAY Calmar Ratio Rank: 15
HESAY Martin Ratio Rank: 12

0883.HK

0883.HK Risk / Return Rank: 82
0883.HK Sharpe Ratio Rank: 85
0883.HK Sortino Ratio Rank: 81
0883.HK Omega Ratio Rank: 79
0883.HK Calmar Ratio Rank: 82
0883.HK Martin Ratio Rank: 83

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.

HESAY vs. 0883.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hermes International SA (HESAY) and CNOOC Ltd (0883.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.

	HESAY	0883.HK	Difference
Sharpe ratio: Return per unit of total volatility	-0.88	1.61	-2.50
Sortino ratio: Return per unit of downside risk	-1.15	2.27	-3.43
Omega ratio: Gain probability vs. loss probability	0.87	1.28	-0.41
Calmar ratio: Return relative to maximum drawdown	-0.74	2.66	-3.40
Martin ratio: Return relative to average drawdown	-1.32	7.01	-8.33

HESAY vs. 0883.HK - Sharpe Ratio Comparison

The current HESAY Sharpe Ratio is -0.88, which is lower than the 0883.HK Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of HESAY and 0883.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

HESAY vs. 0883.HK - Drawdown Comparison

The maximum HESAY drawdown since its inception was -45.60%, smaller than the maximum 0883.HK drawdown of -74.18%. Use the drawdown chart below to compare losses from any high point for HESAY and 0883.HK.

Drawdown Indicators

	HESAY	0883.HK	Difference
Max Drawdown Largest peak-to-trough decline	-45.60%	-74.18%	+28.58%
Max Drawdown (1Y) Largest decline over 1 year	-36.48%	-17.20%	-19.28%
Max Drawdown (3Y) Largest decline over 3 years	-38.23%	-30.46%	-7.77%
Max Drawdown (5Y) Largest decline over 5 years	-45.60%	-30.46%	-15.14%
Max Drawdown (10Y) Largest decline over 10 years	-45.60%	-56.21%	+10.61%
Current Drawdown Current decline from peak	-33.22%	-16.52%	-16.70%
Average Drawdown Average peak-to-trough decline	-10.86%	-24.70%	+13.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.32%	6.45%	+13.87%

Volatility

HESAY vs. 0883.HK - Volatility Comparison

The current volatility for Hermes International SA (HESAY) is 7.31%, while CNOOC Ltd (0883.HK) has a volatility of 8.07%. This indicates that HESAY experiences smaller price fluctuations and is considered to be less risky than 0883.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HESAY	0883.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.31%	8.07%	-0.76%
Volatility (6M) Calculated over the trailing 6-month period	23.41%	24.18%	-0.77%
Volatility (1Y) Calculated over the trailing 1-year period	30.47%	28.36%	+2.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.54%	29.82%	+1.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.98%	31.92%	-3.94%

Dividends

HESAY vs. 0883.HK - Dividend Comparison

HESAY's dividend yield for the trailing twelve months is around 1.07%, less than 0883.HK's 5.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0883.HK CNOOC Ltd	5.14%	6.53%	7.32%	10.31%	18.84%	6.85%	9.05%	5.63%	4.96%	3.83%	3.81%	7.06%
HESAY Hermes International SA	1.07%	1.18%	1.13%	0.67%	0.57%	0.31%	0.46%	0.68%	0.91%	1.55%	1.81%	2.54%

Financials

Frequently Asked Questions

Can I hold both HESAY and 0883.HK in my portfolio?

HESAY and 0883.HK have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.