HVRRY vs. OVCHY
HVRRY (Hannover Re) and OVCHY (Overseas Chinese Banking Corp Ltd ADR) are both stocks. Both are in the Financial Services sector — HVRRY in Insurance - Reinsurance, OVCHY in Banks - Regional. Over the past 10 years, HVRRY returned 12.58%/yr vs 17.14%/yr for OVCHY. At a 0.17 correlation, their price movements are largely independent.
Performance
HVRRY vs. OVCHY - Performance Comparison
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Returns By Period
In the year-to-date period, HVRRY achieves a -12.88% return, which is significantly lower than OVCHY's 21.10% return. Over the past 10 years, HVRRY has underperformed OVCHY with an annualized return of 12.58%, while OVCHY has yielded a comparatively higher 17.14% annualized return.
HVRRY
- 1D
- -0.32%
- 1M
- -9.40%
- YTD
- -12.88%
- 6M
- -6.28%
- 1Y
- -15.96%
- 3Y*
- 12.41%
- 5Y*
- 12.50%
- 10Y*
- 12.58%
OVCHY
- 1D
- -1.27%
- 1M
- 4.32%
- YTD
- 21.10%
- 6M
- 30.73%
- 1Y
- 52.46%
- 3Y*
- 33.96%
- 5Y*
- 20.56%
- 10Y*
- 17.14%
HVRRY vs. OVCHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HVRRY Hannover Re | -12.88% | 29.30% | 7.59% | 24.53% | 11.05% | 20.35% | -16.15% | 48.63% | 10.97% | 21.66% |
OVCHY Overseas Chinese Banking Corp Ltd ADR | 21.10% | 33.93% | 33.06% | 15.54% | 11.75% | 14.29% | -1.22% | 1.15% | -8.35% | 59.34% |
Correlation
The correlation between HVRRY and OVCHY is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2010 | 0.17 |
The correlation between HVRRY and OVCHY shifts across timeframes, from 0.12 (3 years) to 0.24 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
HVRRY:
$31.24B
OVCHY:
$82.88B
HVRRY:
$4.06
OVCHY:
$4.85
HVRRY:
10.63
OVCHY:
7.53
HVRRY:
0.32
OVCHY:
0.67
HVRRY:
1.20
OVCHY:
3.17
HVRRY:
2.25
OVCHY:
1.34
HVRRY:
$25.44B
OVCHY:
$26.07B
HVRRY:
$23.95B
OVCHY:
$26.07B
HVRRY:
$9.81B
OVCHY:
$13.10B
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Return for Risk
HVRRY vs. OVCHY — Risk / Return Rank
HVRRY
OVCHY
HVRRY vs. OVCHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hannover Re (HVRRY) and Overseas Chinese Banking Corp Ltd ADR (OVCHY). 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.
| HVRRY | OVCHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.19 | ||
| Sortino ratioReturn per unit of downside risk | -4.27 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.43 | -0.54 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | 6.56 | -7.47 |
| Martin ratioReturn relative to average drawdown | -1.87 | 17.26 | -19.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HVRRY | OVCHY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.74 | 2.45 | -3.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.87 | -0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.69 | -0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.48 | -0.09 |
Drawdowns
HVRRY vs. OVCHY - Drawdown Comparison
The maximum HVRRY drawdown since its inception was -62.80%, which is greater than OVCHY's maximum drawdown of -45.62%. Use the drawdown chart below to compare losses from any high point for HVRRY and OVCHY.
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Drawdown Indicators
| HVRRY | OVCHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.80% | -45.62% | -17.18% |
Max Drawdown (1Y)Largest decline over 1 year | -17.62% | -8.04% | -9.58% |
Max Drawdown (3Y)Largest decline over 3 years | -17.62% | -17.96% | +0.34% |
Max Drawdown (5Y)Largest decline over 5 years | -31.66% | -18.37% | -13.29% |
Max Drawdown (10Y)Largest decline over 10 years | -44.24% | -45.62% | +1.38% |
Current DrawdownCurrent decline from peak | -17.62% | -4.40% | -13.22% |
Average DrawdownAverage peak-to-trough decline | -8.46% | -9.90% | +1.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.56% | 3.05% | +5.51% |
Volatility
HVRRY vs. OVCHY - Volatility Comparison
Hannover Re (HVRRY) has a higher volatility of 5.23% compared to Overseas Chinese Banking Corp Ltd ADR (OVCHY) at 4.96%. This indicates that HVRRY's price experiences larger fluctuations and is considered to be riskier than OVCHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HVRRY | OVCHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.23% | 4.96% | +0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 16.58% | 12.65% | +3.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.72% | 21.58% | +0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.13% | 23.82% | +1.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.28% | 25.04% | +1.24% |
Dividends
HVRRY vs. OVCHY - Dividend Comparison
HVRRY's dividend yield for the trailing twelve months is around 5.64%, more than OVCHY's 4.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HVRRY Hannover Re | 5.64% | 3.19% | 3.10% | 2.75% | 3.15% | 2.92% | 2.75% | 2.19% | 3.27% | 4.55% | 8.64% | 1.19% |
OVCHY Overseas Chinese Banking Corp Ltd ADR | 4.21% | 4.78% | 5.25% | 6.07% | 4.55% | 3.35% | 3.79% | 3.83% | 3.08% | 3.93% | 8.07% | 3.64% |
Financials
HVRRY vs. OVCHY - Financials Comparison
This section allows you to compare key financial metrics between Hannover Re and Overseas Chinese Banking Corp 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
HVRRY vs. OVCHY - Profitability Comparison
HVRRY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hannover Re reported a gross profit of 7.31B and revenue of 7.31B. Therefore, the gross margin over that period was 100.0%.
OVCHY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Overseas Chinese Banking Corp Ltd ADR reported a gross profit of 8.70B and revenue of 8.70B. Therefore, the gross margin over that period was 100.0%.
HVRRY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hannover Re reported an operating income of 965.32M and revenue of 7.31B, resulting in an operating margin of 13.2%.
OVCHY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Overseas Chinese Banking Corp Ltd ADR reported an operating income of 4.51B and revenue of 8.70B, resulting in an operating margin of 51.8%.
HVRRY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hannover Re reported a net income of 722.29M and revenue of 7.31B, resulting in a net margin of 9.9%.
OVCHY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Overseas Chinese Banking Corp Ltd ADR reported a net income of 3.71B and revenue of 8.70B, resulting in a net margin of 42.6%.
Frequently Asked Questions
HVRRY and OVCHY have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HVRRY has higher volatility (5.23%) compared to OVCHY (4.96%). In terms of maximum drawdown, HVRRY dropped -62.80% vs OVCHY's -45.62%.
OVCHY currently has the higher Sharpe Ratio (2.45 vs -0.74), 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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