OVCHY vs. XAIX
OVCHY (Overseas Chinese Banking Corp Ltd ADR) is a stock, while XAIX (Xtrackers Artificial Intelligence and Big Data ETF) is Technology Equities fund tracking the Nasdaq Global Artificial Intelligence and Big Data Index. Over the past year, OVCHY returned 63.94% vs 52.90% for XAIX. At a 0.17 correlation, their price movements are largely independent.
Performance
OVCHY vs. XAIX - Performance Comparison
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Returns By Period
In the year-to-date period, OVCHY achieves a 28.73% return, which is significantly lower than XAIX's 30.66% return.
OVCHY
- 1D
- 0.41%
- 1M
- 5.52%
- YTD
- 28.73%
- 6M
- 28.67%
- 1Y
- 63.94%
- 3Y*
- 36.84%
- 5Y*
- 23.65%
- 10Y*
- 17.73%
XAIX
- 1D
- -4.93%
- 1M
- 3.71%
- YTD
- 30.66%
- 6M
- 30.48%
- 1Y
- 52.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OVCHY vs. XAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
OVCHY Overseas Chinese Banking Corp Ltd ADR | 28.73% | 33.93% | 15.55% |
XAIX Xtrackers Artificial Intelligence and Big Data ETF | 30.66% | 29.05% | 15.21% |
Correlation
The correlation between OVCHY and XAIX is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Aug 2, 2024 | 0.17 |
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Return for Risk
OVCHY vs. XAIX — Risk / Return Rank
OVCHY
XAIX
OVCHY vs. XAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Overseas Chinese Banking Corp Ltd ADR (OVCHY) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OVCHY | XAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.39 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 8.00 | 3.79 | +4.20 |
| Martin ratioReturn relative to average drawdown | 20.74 | 12.74 | +8.00 |
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Drawdowns
OVCHY vs. XAIX - Drawdown Comparison
The maximum OVCHY drawdown since its inception was -45.62%, which is greater than XAIX's maximum drawdown of -23.95%. Use the drawdown chart below to compare losses from any high point for OVCHY and XAIX.
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Drawdown Indicators
| OVCHY | XAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.62% | -23.95% | -21.67% |
Max Drawdown (1Y)Largest decline over 1 year | -8.04% | -14.01% | +5.97% |
Max Drawdown (3Y)Largest decline over 3 years | -17.96% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.37% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.62% | — | — |
Current DrawdownCurrent decline from peak | -0.72% | -8.01% | +7.29% |
Average DrawdownAverage peak-to-trough decline | -9.88% | -3.59% | -6.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.09% | 4.16% | -1.07% |
Volatility
OVCHY vs. XAIX - Volatility Comparison
The current volatility for Overseas Chinese Banking Corp Ltd ADR (OVCHY) is 5.94%, while Xtrackers Artificial Intelligence and Big Data ETF (XAIX) has a volatility of 14.31%. This indicates that OVCHY experiences smaller price fluctuations and is considered to be less risky than XAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OVCHY | XAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.94% | 14.31% | -8.37% |
Volatility (6M)Calculated over the trailing 6-month period | 12.85% | 21.18% | -8.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.70% | 24.04% | -2.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.82% | 24.71% | -0.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.97% | 24.71% | +0.26% |
Dividends
OVCHY vs. XAIX - Dividend Comparison
OVCHY's dividend yield for the trailing twelve months is around 3.96%, more than XAIX's 0.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OVCHY Overseas Chinese Banking Corp Ltd ADR | 3.96% | 4.78% | 5.25% | 6.07% | 4.55% | 3.35% | 3.79% | 3.83% | 3.08% | 3.93% | 8.07% | 3.64% |
XAIX Xtrackers Artificial Intelligence and Big Data ETF | 0.39% | 0.54% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
OVCHY and XAIX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XAIX has higher volatility (14.31%) compared to OVCHY (5.94%). In terms of maximum drawdown, OVCHY dropped -45.62% vs XAIX's -23.95%.
OVCHY currently has the higher Sharpe Ratio (2.99 vs 2.21), 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.
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