IDCBY vs. SWBI

Last updated Jun 3, 2026

IDCBY (Industrial and Commercial Bank of China Limited) and SWBI (Smith & Wesson Brands, Inc.) are both stocks. IDCBY operates in Banks - Diversified (Financial Services), while SWBI operates in Aerospace & Defense (Industrials). Over the past 10 years, IDCBY returned 12.70%/yr vs 0.62%/yr for SWBI. At a 0.16 correlation, their price movements are largely independent.

Performance

IDCBY vs. SWBI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Industrial and Commercial Bank of China Limited (IDCBY) and Smith & Wesson Brands, Inc. (SWBI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IDCBY achieves a 10.39% return, which is significantly lower than SWBI's 56.57% return. Over the past 10 years, IDCBY has outperformed SWBI with an annualized return of 12.70%, while SWBI has yielded a comparatively lower 0.62% annualized return.

IDCBY

• 1D: 2.37%
• 1M: -1.50%
• YTD: 10.39%
• 6M: 11.12%
• 1Y: 30.66%
• 3Y*: 28.48%
• 5Y*: 15.25%
• 10Y*: 12.70%

SWBI

• 1D: 1.12%
• 1M: -1.67%
• YTD: 56.57%
• 6M: 79.43%
• 1Y: 71.64%
• 3Y*: 12.92%
• 5Y*: -3.50%
• 10Y*: 0.62%

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

IDCBY vs. SWBI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IDCBY Industrial and Commercial Bank of China Limited	10.39%	32.13%	47.21%	3.91%	-2.05%	-6.39%	-12.54%	13.02%	-8.08%	42.02%
SWBI Smith & Wesson Brands, Inc.	56.57%	3.12%	-22.59%	62.17%	-49.58%	1.64%	150.33%	-27.84%	0.16%	-39.09%

Correlation

The correlation between IDCBY and SWBI is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (10Y) Calculated over the trailing 10-year period	0.12
Correlation (All Time) Calculated using the full available price history since Mar 18, 2009	0.16

Fundamentals

Market Cap IDCBY : $308.29B SWBI : $686.27M
EPS IDCBY : $20.11 SWBI : $0.27
PE Ratio IDCBY : 0.86 SWBI : 56.94
PS Ratio IDCBY : 0.24 SWBI : 1.40
PB Ratio IDCBY : 0.08 SWBI : 1.89
Total Revenue (TTM) IDCBY : $1.28T SWBI : $486.22M
Gross Profit (TTM) IDCBY : $499.90B SWBI : $128.56M
EBITDA (TTM) IDCBY : $428.13B SWBI : $21.91M

Return for Risk

IDCBY vs. SWBI — Risk / Return Rank

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

IDCBY

IDCBY Risk / Return Rank: 81
IDCBY Sharpe Ratio Rank: 84
IDCBY Sortino Ratio Rank: 81
IDCBY Omega Ratio Rank: 77
IDCBY Calmar Ratio Rank: 79
IDCBY Martin Ratio Rank: 82

SWBI

SWBI Risk / Return Rank: 81
SWBI Sharpe Ratio Rank: 82
SWBI Sortino Ratio Rank: 81
SWBI Omega Ratio Rank: 87
SWBI Calmar Ratio Rank: 78
SWBI Martin Ratio Rank: 76

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.

IDCBY vs. SWBI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Industrial and Commercial Bank of China Limited (IDCBY) and Smith & Wesson Brands, Inc. (SWBI). 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.

	IDCBY	SWBI	Difference
Sharpe ratio Return per unit of total volatility	1.69	1.59	+0.10
Sortino ratio Return per unit of downside risk	2.43	2.43	0.00
Omega ratio Gain probability vs. loss probability	1.28	1.39	-0.11
Calmar ratio Return relative to maximum drawdown	2.64	2.49	+0.15
Martin ratio Return relative to average drawdown	7.67	5.39	+2.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IDCBY vs. SWBI - Sharpe Ratio Comparison

The current IDCBY Sharpe Ratio is 1.69, which is comparable to the SWBI Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of IDCBY and SWBI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IDCBY	SWBI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.69	1.59	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	-0.07	+0.80
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	0.01	+0.55
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.16	-0.01

Drawdowns

IDCBY vs. SWBI - Drawdown Comparison

The maximum IDCBY drawdown since its inception was -78.73%, smaller than the maximum SWBI drawdown of -96.15%. Use the drawdown chart below to compare losses from any high point for IDCBY and SWBI.

Drawdown Indicators

	IDCBY	SWBI	Difference
Max Drawdown Largest peak-to-trough decline	-78.73%	-96.15%	+17.42%
Max Drawdown (1Y) Largest decline over 1 year	-11.23%	-27.81%	+16.58%
Max Drawdown (3Y) Largest decline over 3 years	-15.87%	-54.24%	+38.37%
Max Drawdown (5Y) Largest decline over 5 years	-25.73%	-75.38%	+49.65%
Max Drawdown (10Y) Largest decline over 10 years	-39.70%	-81.49%	+41.79%
Current Drawdown Current decline from peak	-3.94%	-48.18%	+44.24%
Average Drawdown Average peak-to-trough decline	-49.02%	-49.48%	+0.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.86%	12.81%	-8.95%

Volatility

IDCBY vs. SWBI - Volatility Comparison

The current volatility for Industrial and Commercial Bank of China Limited (IDCBY) is 4.77%, while Smith & Wesson Brands, Inc. (SWBI) has a volatility of 7.50%. This indicates that IDCBY experiences smaller price fluctuations and is considered to be less risky than SWBI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDCBY	SWBI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.77%	7.50%	-2.73%
Volatility (6M) Calculated over the trailing 6-month period	13.04%	31.52%	-18.48%
Volatility (1Y) Calculated over the trailing 1-year period	18.28%	45.45%	-27.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.20%	47.71%	-26.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.87%	51.72%	-28.85%

Dividends

IDCBY vs. SWBI - Dividend Comparison

IDCBY's dividend yield for the trailing twelve months is around 7.81%, more than SWBI's 3.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDCBY Industrial and Commercial Bank of China Limited	7.81%	7.76%	6.36%	8.69%	8.61%	7.32%	4.84%	3.91%	4.48%	3.49%	12.32%	7.11%
SWBI Smith & Wesson Brands, Inc.	3.40%	5.27%	5.05%	3.39%	4.38%	1.63%	0.56%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

IDCBY vs. SWBI - Profitability Comparison

The chart below illustrates the profitability comparison between Industrial and Commercial Bank of China Limited and Smith & Wesson Brands, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

IDCBY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Industrial and Commercial Bank of China Limited reported a gross profit of 155.43B and revenue of 386.17B. Therefore, the gross margin over that period was 40.3%.

SWBI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Smith & Wesson Brands, Inc. reported a gross profit of 35.59M and revenue of 135.71M. Therefore, the gross margin over that period was 26.2%.

IDCBY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Industrial and Commercial Bank of China Limited reported an operating income of 101.34B and revenue of 386.17B, resulting in an operating margin of 26.2%.

SWBI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Smith & Wesson Brands, Inc. reported an operating income of 6.71M and revenue of 135.71M, resulting in an operating margin of 5.0%.

IDCBY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Industrial and Commercial Bank of China Limited reported a net income of 86.42B and revenue of 386.17B, resulting in a net margin of 22.4%.

SWBI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Smith & Wesson Brands, Inc. reported a net income of 3.75M and revenue of 135.71M, resulting in a net margin of 2.8%.

Frequently Asked Questions

Can I hold both IDCBY and SWBI in my portfolio?

IDCBY and SWBI have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IDCBY or SWBI?

SWBI has higher volatility (7.50%) compared to IDCBY (4.77%). In terms of maximum drawdown, IDCBY dropped -78.73% vs SWBI's -96.15%.

Which has better risk-adjusted returns?

IDCBY currently has the higher Sharpe Ratio (1.69 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.