PNGAY vs. BACHY
PNGAY (Ping An Insurance Company of China) and BACHY (Bank of China Ltd ADR) are both stocks. Both are in the Financial Services sector — PNGAY in Insurance - Life, BACHY in Banks - Diversified. Over the past 10 years, PNGAY returned 9.56%/yr vs 13.19%/yr for BACHY. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
PNGAY vs. BACHY - Performance Comparison
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Returns By Period
In the year-to-date period, PNGAY achieves a -9.57% return, which is significantly lower than BACHY's 17.09% return. Over the past 10 years, PNGAY has underperformed BACHY with an annualized return of 9.56%, while BACHY has yielded a comparatively higher 13.19% annualized return.
PNGAY
- 1D
- -2.04%
- 1M
- -5.22%
- YTD
- -9.57%
- 6M
- 4.79%
- 1Y
- 33.00%
- 3Y*
- 11.03%
- 5Y*
- -1.43%
- 10Y*
- 9.56%
BACHY
- 1D
- -0.65%
- 1M
- 3.40%
- YTD
- 17.09%
- 6M
- 15.63%
- 1Y
- 16.69%
- 3Y*
- 29.46%
- 5Y*
- 20.50%
- 10Y*
- 13.19%
PNGAY vs. BACHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PNGAY Ping An Insurance Company of China | -9.57% | 52.29% | 38.53% | -27.60% | -2.17% | -39.34% | 5.51% | 39.67% | -15.03% | 113.23% |
BACHY Bank of China Ltd ADR | 17.09% | 23.87% | 43.09% | 14.58% | 10.54% | 14.31% | -14.46% | 4.65% | -8.11% | 15.60% |
Correlation
The correlation between PNGAY and BACHY is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Apr 27, 2009 | 0.57 |
The correlation between PNGAY and BACHY shifts across timeframes, from 0.44 (1 year) to 0.57 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
PNGAY:
$146.83B
BACHY:
$196.89B
PNGAY:
$14.31
BACHY:
$19.38
PNGAY:
1.03
BACHY:
0.86
PNGAY:
0.12
BACHY:
0.71
PNGAY:
0.14
BACHY:
0.17
PNGAY:
0.14
BACHY:
0.07
PNGAY:
$973.47B
BACHY:
$1.22T
PNGAY:
$968.48B
BACHY:
$635.71B
PNGAY:
$163.00B
BACHY:
$307.28B
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Return for Risk
PNGAY vs. BACHY — Risk / Return Rank
PNGAY
BACHY
PNGAY vs. BACHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ping An Insurance Company of China (PNGAY) and Bank of China Ltd ADR (BACHY). 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.
| PNGAY | BACHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.18 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.39 | 1.25 | +0.14 |
| Martin ratioReturn relative to average drawdown | 3.72 | 3.60 | +0.12 |
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
| PNGAY | BACHY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 0.99 | +0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | 1.05 | -1.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 0.64 | -0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.41 | -0.36 |
Drawdowns
PNGAY vs. BACHY - Drawdown Comparison
The maximum PNGAY drawdown since its inception was -78.52%, which is greater than BACHY's maximum drawdown of -53.68%. Use the drawdown chart below to compare losses from any high point for PNGAY and BACHY.
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Drawdown Indicators
| PNGAY | BACHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.52% | -53.68% | -24.84% |
Max Drawdown (1Y)Largest decline over 1 year | -23.83% | -13.43% | -10.40% |
Max Drawdown (3Y)Largest decline over 3 years | -46.53% | -15.70% | -30.83% |
Max Drawdown (5Y)Largest decline over 5 years | -59.12% | -16.91% | -42.21% |
Max Drawdown (10Y)Largest decline over 10 years | -66.83% | -40.98% | -25.85% |
Current DrawdownCurrent decline from peak | -27.81% | -0.65% | -27.16% |
Average DrawdownAverage peak-to-trough decline | -42.82% | -19.88% | -22.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.89% | 4.65% | +4.24% |
Volatility
PNGAY vs. BACHY - Volatility Comparison
Ping An Insurance Company of China (PNGAY) has a higher volatility of 6.13% compared to Bank of China Ltd ADR (BACHY) at 4.58%. This indicates that PNGAY's price experiences larger fluctuations and is considered to be riskier than BACHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PNGAY | BACHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.13% | 4.58% | +1.55% |
Volatility (6M)Calculated over the trailing 6-month period | 20.70% | 12.56% | +8.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.42% | 17.14% | +9.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.86% | 19.60% | +21.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.71% | 20.62% | +14.09% |
Dividends
PNGAY vs. BACHY - Dividend Comparison
PNGAY's dividend yield for the trailing twelve months is around 5.32%, more than BACHY's 2.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BACHY Bank of China Ltd ADR | 2.30% | 8.52% | 6.46% | 8.92% | 9.64% | 8.57% | 7.99% | 5.32% | 5.42% | 4.08% | 11.53% | 7.39% |
PNGAY Ping An Insurance Company of China | 5.32% | 4.23% | 5.81% | 7.66% | 5.81% | 4.47% | 2.05% | 1.88% | 2.35% | 1.17% | 3.03% | 1.99% |
Financials
PNGAY vs. BACHY - Financials Comparison
This section allows you to compare key financial metrics between Ping An Insurance Company of China and Bank of China Ltd ADR. 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
PNGAY vs. BACHY - Profitability Comparison
PNGAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ping An Insurance Company of China reported a gross profit of 183.80B and revenue of 186.35B. Therefore, the gross margin over that period was 98.6%.
BACHY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bank of China Ltd ADR reported a gross profit of 143.17B and revenue of 311.94B. Therefore, the gross margin over that period was 45.9%.
PNGAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ping An Insurance Company of China reported an operating income of 35.08B and revenue of 186.35B, resulting in an operating margin of 18.8%.
BACHY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bank of China Ltd ADR reported an operating income of 74.31B and revenue of 311.94B, resulting in an operating margin of 23.8%.
PNGAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ping An Insurance Company of China reported a net income of 25.02B and revenue of 186.35B, resulting in a net margin of 13.4%.
BACHY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bank of China Ltd ADR reported a net income of 56.29B and revenue of 311.94B, resulting in a net margin of 18.0%.
Frequently Asked Questions
PNGAY and BACHY have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PNGAY has higher volatility (6.13%) compared to BACHY (4.58%). In terms of maximum drawdown, PNGAY dropped -78.52% vs BACHY's -53.68%.
PNGAY currently has the higher Sharpe Ratio (1.26 vs 0.99), 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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