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ICHKX vs. TDF
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

ICHKX vs. TDF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Guinness Atkinson China And Hong Kong Fund (ICHKX) and Templeton Dragon Fund Inc. (TDF). The values are adjusted to include any dividend payments, if applicable.

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ICHKX vs. TDF - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
ICHKX
Guinness Atkinson China And Hong Kong Fund
-3.57%28.97%0.05%-14.52%-23.67%-6.90%14.58%30.08%-20.50%49.07%
TDF
Templeton Dragon Fund Inc.
-4.88%37.70%5.44%-20.06%-32.93%-18.02%52.98%27.97%-11.80%42.09%

Returns By Period

In the year-to-date period, ICHKX achieves a -3.57% return, which is significantly higher than TDF's -4.88% return. Over the past 10 years, ICHKX has underperformed TDF with an annualized return of 3.91%, while TDF has yielded a comparatively higher 4.59% annualized return.


ICHKX

1D
-0.32%
1M
-7.76%
YTD
-3.57%
6M
-4.32%
1Y
12.70%
3Y*
1.13%
5Y*
-6.49%
10Y*
3.91%

TDF

1D
1.82%
1M
-7.19%
YTD
-4.88%
6M
-7.24%
1Y
13.51%
3Y*
2.14%
5Y*
-9.72%
10Y*
4.59%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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ICHKX vs. TDF - Expense Ratio Comparison


Return for Risk

ICHKX vs. TDF — Risk / Return Rank

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

ICHKX
ICHKX Risk / Return Rank: 2828
Overall Rank
ICHKX Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
ICHKX Sortino Ratio Rank: 2626
Sortino Ratio Rank
ICHKX Omega Ratio Rank: 2525
Omega Ratio Rank
ICHKX Calmar Ratio Rank: 2929
Calmar Ratio Rank
ICHKX Martin Ratio Rank: 3232
Martin Ratio Rank

TDF
TDF Risk / Return Rank: 2323
Overall Rank
TDF Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
TDF Sortino Ratio Rank: 2222
Sortino Ratio Rank
TDF Omega Ratio Rank: 2222
Omega Ratio Rank
TDF Calmar Ratio Rank: 2626
Calmar Ratio Rank
TDF Martin Ratio Rank: 2323
Martin Ratio Rank
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.

ICHKX vs. TDF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Guinness Atkinson China And Hong Kong Fund (ICHKX) and Templeton Dragon Fund Inc. (TDF). 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.


ICHKXTDFDifference

Sharpe ratio

Return per unit of total volatility

0.68

0.63

+0.05

Sortino ratio

Return per unit of downside risk

0.99

0.95

+0.04

Omega ratio

Gain probability vs. loss probability

1.14

1.14

+0.01

Calmar ratio

Return relative to maximum drawdown

0.83

0.78

+0.06

Martin ratio

Return relative to average drawdown

3.51

2.60

+0.92

ICHKX vs. TDF - Sharpe Ratio Comparison

The current ICHKX Sharpe Ratio is 0.68, which is comparable to the TDF Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of ICHKX and TDF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


ICHKXTDFDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.68

0.63

+0.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.27

-0.36

+0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.18

0.19

-0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.19

0.29

-0.10

Correlation

The correlation between ICHKX and TDF is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

ICHKX vs. TDF - Dividend Comparison

ICHKX's dividend yield for the trailing twelve months is around 1.10%, less than TDF's 3.77% yield.


TTM20252024202320222021202020192018201720162015
ICHKX
Guinness Atkinson China And Hong Kong Fund
1.10%1.06%1.11%0.74%0.86%20.44%3.57%4.37%12.53%6.76%5.31%12.25%
TDF
Templeton Dragon Fund Inc.
3.77%3.55%1.36%0.00%12.73%14.13%24.72%10.75%12.43%7.95%10.34%22.49%

Drawdowns

ICHKX vs. TDF - Drawdown Comparison

The maximum ICHKX drawdown since its inception was -70.67%, roughly equal to the maximum TDF drawdown of -68.15%. Use the drawdown chart below to compare losses from any high point for ICHKX and TDF.


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Drawdown Indicators


ICHKXTDFDifference

Max Drawdown

Largest peak-to-trough decline

-70.67%

-68.15%

-2.52%

Max Drawdown (1Y)

Largest decline over 1 year

-14.00%

-16.05%

+2.05%

Max Drawdown (5Y)

Largest decline over 5 years

-53.67%

-62.07%

+8.40%

Max Drawdown (10Y)

Largest decline over 10 years

-58.39%

-66.87%

+8.48%

Current Drawdown

Current decline from peak

-38.64%

-48.36%

+9.72%

Average Drawdown

Average peak-to-trough decline

-27.16%

-22.44%

-4.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.32%

4.80%

-1.48%

Volatility

ICHKX vs. TDF - Volatility Comparison

The current volatility for Guinness Atkinson China And Hong Kong Fund (ICHKX) is 5.42%, while Templeton Dragon Fund Inc. (TDF) has a volatility of 6.03%. This indicates that ICHKX experiences smaller price fluctuations and is considered to be less risky than TDF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ICHKXTDFDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.42%

6.03%

-0.61%

Volatility (6M)

Calculated over the trailing 6-month period

11.26%

12.48%

-1.22%

Volatility (1Y)

Calculated over the trailing 1-year period

18.65%

21.72%

-3.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.72%

27.18%

-3.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.40%

23.88%

-1.48%