KWHIY vs. HTHIY

Last updated Jun 4, 2026

KWHIY (Kawasaki Heavy Industries Ltd ADR) and HTHIY (Hitachi Ltd ADR) are both stocks. Both are in the Industrials sector — KWHIY in Specialty Industrial Machinery, HTHIY in Conglomerates. Over the past 10 years, KWHIY returned 11.90%/yr vs 22.60%/yr for HTHIY. At a 0.37 correlation, their price movements are largely independent.

Performance

KWHIY vs. HTHIY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kawasaki Heavy Industries Ltd ADR (KWHIY) and Hitachi Ltd ADR (HTHIY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KWHIY achieves a 34.82% return, which is significantly higher than HTHIY's 5.32% return. Over the past 10 years, KWHIY has underperformed HTHIY with an annualized return of 11.90%, while HTHIY has yielded a comparatively higher 22.60% annualized return.

KWHIY

• 1D: -2.40%
• 1M: -11.33%
• YTD: 34.82%
• 6M: 36.66%
• 1Y: 17.30%
• 3Y*: 59.62%
• 5Y*: 30.01%
• 10Y*: 11.90%

HTHIY

• 1D: 2.02%
• 1M: 8.27%
• YTD: 5.32%
• 6M: 4.45%
• 1Y: 18.54%
• 3Y*: 39.86%
• 5Y*: 24.49%
• 10Y*: 22.60%

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

KWHIY vs. HTHIY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KWHIY Kawasaki Heavy Industries Ltd ADR	34.82%	44.36%	113.86%	-5.41%	24.97%	-17.66%	4.24%	1.23%	-39.85%	14.23%
HTHIY Hitachi Ltd ADR	5.32%	26.95%	71.97%	43.04%	-6.74%	36.49%	-5.96%	59.42%	-32.14%	47.89%

Correlation

The correlation between KWHIY and HTHIY is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (10Y) Calculated over the trailing 10-year period	0.36
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.37

Fundamentals

Market Cap KWHIY : $14.88B HTHIY : $147.94B
EPS KWHIY : $52.66 HTHIY : $137.13
PE Ratio KWHIY : 0.14 HTHIY : 0.24
PEG Ratio KWHIY : 0.00 HTHIY : 0.02
PS Ratio KWHIY : 0.01 HTHIY : 0.02
PB Ratio KWHIY : 0.02 HTHIY : 0.02
Total Revenue (TTM) KWHIY : $2.34T HTHIY : $8.49T
Gross Profit (TTM) KWHIY : $461.47B HTHIY : $2.57T
EBITDA (TTM) KWHIY : $239.54B HTHIY : $1.52T

Return for Risk

KWHIY vs. HTHIY — Risk / Return Rank

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

KWHIY

KWHIY Risk / Return Rank: 53
KWHIY Sharpe Ratio Rank: 53
KWHIY Sortino Ratio Rank: 52
KWHIY Omega Ratio Rank: 48
KWHIY Calmar Ratio Rank: 56
KWHIY Martin Ratio Rank: 54

HTHIY

HTHIY Risk / Return Rank: 54
HTHIY Sharpe Ratio Rank: 57
HTHIY Sortino Ratio Rank: 51
HTHIY Omega Ratio Rank: 50
HTHIY Calmar Ratio Rank: 56
HTHIY Martin Ratio Rank: 56

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.

KWHIY vs. HTHIY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kawasaki Heavy Industries Ltd ADR (KWHIY) and Hitachi Ltd ADR (HTHIY). 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.

	KWHIY	HTHIY	Difference
Sharpe ratio: Return per unit of total volatility	0.33	0.46	-0.13
Sortino ratio: Return per unit of downside risk	0.91	0.92	-0.01
Omega ratio: Gain probability vs. loss probability	1.10	1.11	-0.01
Calmar ratio: Return relative to maximum drawdown	0.68	0.70	-0.03
Martin ratio: Return relative to average drawdown	1.23	1.54	-0.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KWHIY vs. HTHIY - Sharpe Ratio Comparison

The current KWHIY Sharpe Ratio is 0.33, which is comparable to the HTHIY Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of KWHIY and HTHIY, 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

	KWHIY	HTHIY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.33	0.46	-0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.72	-0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.27	0.72	-0.45
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.43	-0.21

Drawdowns

KWHIY vs. HTHIY - Drawdown Comparison

The maximum KWHIY drawdown since its inception was -71.68%, which is greater than HTHIY's maximum drawdown of -52.86%. Use the drawdown chart below to compare losses from any high point for KWHIY and HTHIY.

Drawdown Indicators

	KWHIY	HTHIY	Difference
Max Drawdown Largest peak-to-trough decline	-71.68%	-52.86%	-18.82%
Max Drawdown (1Y) Largest decline over 1 year	-25.67%	-26.43%	+0.76%
Max Drawdown (3Y) Largest decline over 3 years	-38.76%	-34.05%	-4.71%
Max Drawdown (5Y) Largest decline over 5 years	-38.76%	-35.47%	-3.29%
Max Drawdown (10Y) Largest decline over 10 years	-71.68%	-44.98%	-26.70%
Current Drawdown Current decline from peak	-25.67%	-13.93%	-11.74%
Average Drawdown Average peak-to-trough decline	-33.27%	-15.83%	-17.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.06%	12.06%	+2.00%

Volatility

KWHIY vs. HTHIY - Volatility Comparison

Kawasaki Heavy Industries Ltd ADR (KWHIY) has a higher volatility of 22.11% compared to Hitachi Ltd ADR (HTHIY) at 11.57%. This indicates that KWHIY's price experiences larger fluctuations and is considered to be riskier than HTHIY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KWHIY	HTHIY	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.11%	11.57%	+10.54%
Volatility (6M) Calculated over the trailing 6-month period	41.42%	31.16%	+10.26%
Volatility (1Y) Calculated over the trailing 1-year period	52.60%	40.11%	+12.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.92%	34.37%	+14.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.11%	31.47%	+12.64%

Dividends

KWHIY vs. HTHIY - Dividend Comparison

Neither KWHIY nor HTHIY has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
HTHIY Hitachi Ltd ADR	0.00%	0.49%	0.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.70%	1.99%
KWHIY Kawasaki Heavy Industries Ltd ADR	0.00%	0.84%	1.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.50%	3.33%

Financials

KWHIY vs. HTHIY - Profitability Comparison

The chart below illustrates the profitability comparison between Kawasaki Heavy Industries Ltd ADR and Hitachi Ltd ADR over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

KWHIY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kawasaki Heavy Industries Ltd ADR reported a gross profit of 156.76B and revenue of 763.64B. Therefore, the gross margin over that period was 20.5%.

HTHIY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hitachi Ltd ADR reported a gross profit of 961.99B and revenue of 3.14T. Therefore, the gross margin over that period was 30.6%.

KWHIY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kawasaki Heavy Industries Ltd ADR reported an operating income of 59.74B and revenue of 763.64B, resulting in an operating margin of 7.8%.

HTHIY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hitachi Ltd ADR reported an operating income of 380.42B and revenue of 3.14T, resulting in an operating margin of 12.1%.

KWHIY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kawasaki Heavy Industries Ltd ADR reported a net income of 43.08B and revenue of 763.64B, resulting in a net margin of 5.6%.

HTHIY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hitachi Ltd ADR reported a net income of 166.82B and revenue of 3.14T, resulting in a net margin of 5.3%.

Frequently Asked Questions

Can I hold both KWHIY and HTHIY in my portfolio?

KWHIY and HTHIY have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KWHIY or HTHIY?

KWHIY has higher volatility (22.11%) compared to HTHIY (11.57%). In terms of maximum drawdown, KWHIY dropped -71.68% vs HTHIY's -52.86%.

Which has better risk-adjusted returns?

HTHIY currently has the higher Sharpe Ratio (0.46 vs 0.33), 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.