MTSFY vs. 0823.HK

Last updated Jun 9, 2026

MTSFY (Mitsui Fudosan Co Ltd ADR) and 0823.HK (Link Real Estate Investment Trust) are both stocks. Both are in the Real Estate sector — MTSFY in Real Estate - Diversified, 0823.HK in REIT - Retail. Over the past 5 years, MTSFY returned 3.05%/yr vs -6.89%/yr for 0823.HK. At a 0.10 correlation, their price movements are largely independent.

Performance

MTSFY vs. 0823.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mitsui Fudosan Co Ltd ADR (MTSFY) and Link Real Estate Investment Trust (0823.HK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

MTSFY is traded in USD, while 0823.HK is traded in HKD. To make them comparable, the 0823.HK values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, MTSFY achieves a -18.54% return, which is significantly lower than 0823.HK's 11.17% return.

MTSFY

• 1D: 1.35%
• 1M: -12.94%
• YTD: -18.54%
• 6M: -19.49%
• 1Y: -2.62%
• 3Y*: 12.12%
• 5Y*: 3.05%
• 10Y*: —

0823.HK

• 1D: -0.19%
• 1M: -5.33%
• YTD: 11.17%
• 6M: 12.51%
• 1Y: -0.17%
• 3Y*: -0.13%
• 5Y*: -6.89%
• 10Y*: 2.55%

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

MTSFY vs. 0823.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
MTSFY Mitsui Fudosan Co Ltd ADR	-18.54%	43.82%	-0.71%	34.87%	-7.78%	-8.75%	-11.04%	11.36%	4.33%
0823.HK Link Real Estate Investment Trust	11.17%	12.99%	-18.31%	-18.82%	-12.50%	0.71%	-10.44%	7.90%	25.30%

Correlation

The correlation between MTSFY and 0823.HK is 0.01, 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	0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (All Time) Calculated using the full available price history since Feb 15, 2018	0.10

Return for Risk

MTSFY vs. 0823.HK — Risk / Return Rank

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

MTSFY

MTSFY Risk / Return Rank: 37
MTSFY Sharpe Ratio Rank: 39
MTSFY Sortino Ratio Rank: 34
MTSFY Omega Ratio Rank: 33
MTSFY Calmar Ratio Rank: 40
MTSFY Martin Ratio Rank: 39

0823.HK

0823.HK Risk / Return Rank: 41
0823.HK Sharpe Ratio Rank: 45
0823.HK Sortino Ratio Rank: 36
0823.HK Omega Ratio Rank: 37
0823.HK Calmar Ratio Rank: 43
0823.HK Martin Ratio Rank: 43

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.

MTSFY vs. 0823.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mitsui Fudosan Co Ltd ADR (MTSFY) and Link Real Estate Investment Trust (0823.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.

	MTSFY	0823.HK	Difference
Sharpe ratio: Return per unit of total volatility	-0.08	0.10	-0.18
Sortino ratio: Return per unit of downside risk	0.10	0.25	-0.15
Omega ratio: Gain probability vs. loss probability	1.01	1.04	-0.02
Calmar ratio: Return relative to maximum drawdown	-0.08	0.10	-0.17
Martin ratio: Return relative to average drawdown	-0.20	0.17	-0.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MTSFY vs. 0823.HK - Sharpe Ratio Comparison

The current MTSFY Sharpe Ratio is -0.08, which is lower than the 0823.HK Sharpe Ratio of 0.10. The chart below compares the historical Sharpe Ratios of MTSFY and 0823.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.

Sharpe Ratios by Period

	MTSFY	0823.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.08	0.10	-0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	-0.30	+0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.42	-0.30

Drawdowns

MTSFY vs. 0823.HK - Drawdown Comparison

The maximum MTSFY drawdown since its inception was -52.08%, smaller than the maximum 0823.HK drawdown of -61.97%. Use the drawdown chart below to compare losses from any high point for MTSFY and 0823.HK.

Drawdown Indicators

	MTSFY	0823.HK	Difference
Max Drawdown Largest peak-to-trough decline	-52.08%	-61.97%	+9.89%
Max Drawdown (1Y) Largest decline over 1 year	-34.56%	-19.98%	-14.58%
Max Drawdown (3Y) Largest decline over 3 years	-34.56%	-31.41%	-3.15%
Max Drawdown (5Y) Largest decline over 5 years	-34.56%	-54.67%	+20.11%
Max Drawdown (10Y) Largest decline over 10 years	—	-61.97%	—
Current Drawdown Current decline from peak	-33.68%	-44.36%	+10.68%
Average Drawdown Average peak-to-trough decline	-19.93%	-17.77%	-2.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.95%	11.01%	+1.94%

Volatility

MTSFY vs. 0823.HK - Volatility Comparison

Mitsui Fudosan Co Ltd ADR (MTSFY) has a higher volatility of 13.86% compared to Link Real Estate Investment Trust (0823.HK) at 4.87%. This indicates that MTSFY's price experiences larger fluctuations and is considered to be riskier than 0823.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MTSFY	0823.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.86%	4.87%	+8.99%
Volatility (6M) Calculated over the trailing 6-month period	24.57%	12.69%	+11.88%
Volatility (1Y) Calculated over the trailing 1-year period	31.22%	19.70%	+11.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.63%	23.73%	+5.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.72%	22.59%	+11.13%

Dividends

MTSFY vs. 0823.HK - Dividend Comparison

MTSFY has not paid dividends to shareholders, while 0823.HK's dividend yield for the trailing twelve months is around 6.80%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0823.HK Link Real Estate Investment Trust	6.80%	7.61%	8.14%	5.68%	5.11%	4.36%	3.96%	3.32%	3.17%	3.19%	4.22%	4.03%
MTSFY Mitsui Fudosan Co Ltd ADR	0.00%	0.98%	1.26%	0.98%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both MTSFY and 0823.HK in my portfolio?

MTSFY and 0823.HK have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.