OVCHY vs. GRT-UN.TO
OVCHY (Overseas Chinese Banking Corp Ltd ADR) and GRT-UN.TO (Granite Real Estate Investment Trust) are both stocks. OVCHY operates in Banks - Regional (Financial Services), while GRT-UN.TO operates in REIT - Industrial (Real Estate). Over the past 10 years, OVCHY returned 17.14%/yr vs 13.43%/yr for GRT-UN.TO. At a 0.12 correlation, their price movements are largely independent.
Performance
OVCHY vs. GRT-UN.TO - Performance Comparison
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Different Trading Currencies
OVCHY is traded in USD, while GRT-UN.TO is traded in CAD. To make them comparable, the GRT-UN.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, OVCHY achieves a 21.10% return, which is significantly higher than GRT-UN.TO's 17.48% return. Over the past 10 years, OVCHY has outperformed GRT-UN.TO with an annualized return of 17.14%, while GRT-UN.TO has yielded a comparatively lower 13.43% annualized return.
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%
GRT-UN.TO
- 1D
- 0.13%
- 1M
- 1.06%
- YTD
- 17.48%
- 6M
- 27.32%
- 1Y
- 38.45%
- 3Y*
- 8.36%
- 5Y*
- 4.55%
- 10Y*
- 13.43%
OVCHY vs. GRT-UN.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
GRT-UN.TO Granite Real Estate Investment Trust | 17.48% | 28.67% | -11.77% | 17.98% | -35.94% | 40.23% | 25.54% | 35.22% | 5.57% | 24.29% |
Correlation
The correlation between OVCHY and GRT-UN.TO is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2010 | 0.12 |
Fundamentals
OVCHY:
$82.88B
GRT-UN.TO:
CA$5.83B
OVCHY:
$4.85
GRT-UN.TO:
CA$6.39
OVCHY:
7.53
GRT-UN.TO:
15.07
OVCHY:
0.67
GRT-UN.TO:
0.93
OVCHY:
3.17
GRT-UN.TO:
9.32
OVCHY:
1.34
GRT-UN.TO:
1.04
OVCHY:
$26.07B
GRT-UN.TO:
CA$629.87M
OVCHY:
$26.07B
GRT-UN.TO:
CA$517.51M
OVCHY:
$13.10B
GRT-UN.TO:
CA$513.85M
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Return for Risk
OVCHY vs. GRT-UN.TO — Risk / Return Rank
OVCHY
GRT-UN.TO
OVCHY vs. GRT-UN.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Overseas Chinese Banking Corp Ltd ADR (OVCHY) and Granite Real Estate Investment Trust (GRT-UN.TO). 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.
| OVCHY | GRT-UN.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.34 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 6.56 | 2.91 | +3.65 |
| Martin ratioReturn relative to average drawdown | 17.26 | 9.25 | +8.02 |
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
| OVCHY | GRT-UN.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.45 | 1.96 | +0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 0.20 | +0.67 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.57 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.28 | +0.20 |
Drawdowns
OVCHY vs. GRT-UN.TO - Drawdown Comparison
The maximum OVCHY drawdown since its inception was -45.62%, smaller than the maximum GRT-UN.TO drawdown of -89.30%. Use the drawdown chart below to compare losses from any high point for OVCHY and GRT-UN.TO.
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Drawdown Indicators
| OVCHY | GRT-UN.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.62% | -89.30% | +43.68% |
Max Drawdown (1Y)Largest decline over 1 year | -8.04% | -13.29% | +5.25% |
Max Drawdown (3Y)Largest decline over 3 years | -17.96% | -31.60% | +13.64% |
Max Drawdown (5Y)Largest decline over 5 years | -18.37% | -43.95% | +25.58% |
Max Drawdown (10Y)Largest decline over 10 years | -45.62% | -49.61% | +3.99% |
Current DrawdownCurrent decline from peak | -4.40% | -1.40% | -3.00% |
Average DrawdownAverage peak-to-trough decline | -9.90% | -18.54% | +8.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 4.17% | -1.12% |
Volatility
OVCHY vs. GRT-UN.TO - Volatility Comparison
The current volatility for Overseas Chinese Banking Corp Ltd ADR (OVCHY) is 4.96%, while Granite Real Estate Investment Trust (GRT-UN.TO) has a volatility of 5.88%. This indicates that OVCHY experiences smaller price fluctuations and is considered to be less risky than GRT-UN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OVCHY | GRT-UN.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.96% | 5.88% | -0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 12.65% | 15.54% | -2.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.58% | 19.70% | +1.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.82% | 23.11% | +0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.04% | 23.53% | +1.51% |
Dividends
OVCHY vs. GRT-UN.TO - Dividend Comparison
OVCHY's dividend yield for the trailing twelve months is around 4.21%, more than GRT-UN.TO's 3.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRT-UN.TO Granite Real Estate Investment Trust | 3.61% | 4.18% | 4.74% | 4.21% | 4.50% | 2.86% | 3.43% | 4.25% | 5.69% | 5.31% | 5.42% | 1.62% |
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
OVCHY vs. GRT-UN.TO - Financials Comparison
This section allows you to compare key financial metrics between Overseas Chinese Banking Corp Ltd ADR and Granite Real Estate Investment Trust. 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
OVCHY vs. GRT-UN.TO - Profitability Comparison
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%.
GRT-UN.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported a gross profit of 134.27M and revenue of 165.83M. Therefore, the gross margin over that period was 81.0%.
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%.
GRT-UN.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported an operating income of 122.29M and revenue of 165.83M, resulting in an operating margin of 73.7%.
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%.
GRT-UN.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Granite Real Estate Investment Trust reported a net income of 91.25M and revenue of 165.83M, resulting in a net margin of 55.0%.
Frequently Asked Questions
OVCHY and GRT-UN.TO have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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