PEP vs. 0700.HK

Last updated Jun 13, 2026

PEP (PepsiCo, Inc.) and 0700.HK (Tencent Holdings Ltd) are both stocks. PEP operates in Beverages - Non-Alcoholic (Consumer Defensive), while 0700.HK operates in Internet Content & Information (Communication Services). Over the past 10 years, PEP returned 6.62%/yr vs 12.07%/yr for 0700.HK. At a correlation of -0.00, they often move in opposite directions.

Performance

PEP vs. 0700.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PepsiCo, Inc. (PEP) and Tencent Holdings Ltd (0700.HK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PEP is traded in USD, while 0700.HK is traded in HKD. To make them comparable, the 0700.HK values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, PEP achieves a 2.49% return, which is significantly higher than 0700.HK's -22.23% return. Over the past 10 years, PEP has underperformed 0700.HK with an annualized return of 6.62%, while 0700.HK has yielded a comparatively higher 12.07% annualized return.

PEP

• 1D: 0.38%
• 1M: -1.94%
• YTD: 2.49%
• 6M: -2.36%
• 1Y: 14.62%
• 3Y*: -4.09%
• 5Y*: 2.73%
• 10Y*: 6.62%

0700.HK

• 1D: 1.42%
• 1M: 1.88%
• YTD: -22.23%
• 6M: -24.36%
• 1Y: -7.87%
• 3Y*: 11.43%
• 5Y*: -2.73%
• 10Y*: 12.07%

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

PEP vs. 0700.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PEP PepsiCo, Inc.	2.49%	-1.85%	-7.60%	-3.29%	6.78%	20.56%	11.67%	27.38%	-4.81%	17.82%
0700.HK Tencent Holdings Ltd	-22.23%	44.65%	43.98%	-6.78%	-24.42%	-19.22%	51.36%	20.60%	-22.66%	112.97%

Correlation

The correlation between PEP and 0700.HK is -0.05, 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	-0.05
Correlation (3Y) Calculated over the trailing 3-year period	-0.02
Correlation (5Y) Calculated over the trailing 5-year period	-0.04
Correlation (10Y) Calculated over the trailing 10-year period	-0.02
Correlation (All Time) Calculated using the full available price history since Jul 3, 2007	-0.00

Return for Risk

PEP vs. 0700.HK — Risk / Return Rank

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

PEP

PEP Risk / Return Rank: 60
PEP Sharpe Ratio Rank: 64
PEP Sortino Ratio Rank: 59
PEP Omega Ratio Rank: 55
PEP Calmar Ratio Rank: 60
PEP Martin Ratio Rank: 63

0700.HK

0700.HK Risk / Return Rank: 31
0700.HK Sharpe Ratio Rank: 31
0700.HK Sortino Ratio Rank: 27
0700.HK Omega Ratio Rank: 27
0700.HK Calmar Ratio Rank: 36
0700.HK Martin Ratio Rank: 34

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.

PEP vs. 0700.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PepsiCo, Inc. (PEP) and Tencent Holdings Ltd (0700.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.

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.

	PEP	0700.HK	Difference
Sharpe ratio: Return per unit of total volatility	0.62	-0.27	+0.89
Sortino ratio: Return per unit of downside risk	1.11	-0.21	+1.32
Omega ratio: Gain probability vs. loss probability	1.12	0.98	+0.15
Calmar ratio: Return relative to maximum drawdown	0.83	-0.22	+1.04
Martin ratio: Return relative to average drawdown	2.11	-0.47	+2.58

PEP vs. 0700.HK - Sharpe Ratio Comparison

The current PEP Sharpe Ratio is 0.62, which is higher than the 0700.HK Sharpe Ratio of -0.27. The chart below compares the historical Sharpe Ratios of PEP and 0700.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.

Drawdowns

PEP vs. 0700.HK - Drawdown Comparison

The maximum PEP drawdown since its inception was -73.92%, roughly equal to the maximum 0700.HK drawdown of -73.13%. Use the drawdown chart below to compare losses from any high point for PEP and 0700.HK.

Drawdown Indicators

	PEP	0700.HK	Difference
Max Drawdown Largest peak-to-trough decline	-73.92%	-73.13%	-0.79%
Max Drawdown (1Y) Largest decline over 1 year	-16.25%	-36.95%	+20.70%
Max Drawdown (3Y) Largest decline over 3 years	-29.17%	-36.95%	+7.78%
Max Drawdown (5Y) Largest decline over 5 years	-30.32%	-65.90%	+35.58%
Max Drawdown (10Y) Largest decline over 10 years	-30.32%	-73.13%	+42.81%
Current Drawdown Current decline from peak	-17.75%	-32.18%	+14.43%
Average Drawdown Average peak-to-trough decline	-13.65%	-19.68%	+6.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.37%	16.80%	-10.43%

Volatility

PEP vs. 0700.HK - Volatility Comparison

The current volatility for PepsiCo, Inc. (PEP) is 5.39%, while Tencent Holdings Ltd (0700.HK) has a volatility of 13.13%. This indicates that PEP experiences smaller price fluctuations and is considered to be less risky than 0700.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PEP	0700.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.39%	13.13%	-7.74%
Volatility (6M) Calculated over the trailing 6-month period	14.62%	23.71%	-9.09%
Volatility (1Y) Calculated over the trailing 1-year period	21.71%	29.65%	-7.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.39%	39.33%	-20.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.67%	35.57%	-15.90%

Dividends

PEP vs. 0700.HK - Dividend Comparison

PEP's dividend yield for the trailing twelve months is around 3.98%, more than 0700.HK's 1.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0700.HK Tencent Holdings Ltd	1.14%	0.75%	0.82%	0.82%	0.50%	0.38%	0.23%	0.29%	0.31%	0.16%	0.27%	0.26%
PEP PepsiCo, Inc.	3.98%	3.92%	3.51%	2.91%	2.50%	2.45%	2.71%	2.77%	3.25%	2.64%	2.83%	2.76%

Financials

Frequently Asked Questions

Can I hold both PEP and 0700.HK in my portfolio?

PEP and 0700.HK have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.