QDEL vs. 0001.HK

Last updated Jul 11, 2026

QDEL (Quidel Corporation) and 0001.HK (CK Hutchison Holdings Limited) are both stocks. QDEL operates in Diagnostics & Research (Healthcare), while 0001.HK operates in Conglomerates (Industrials). Over the past 10 years, QDEL returned -1.00%/yr vs 2.47%/yr for 0001.HK. At a 0.03 correlation, their price movements are largely independent.

Performance

QDEL vs. 0001.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Quidel Corporation (QDEL) and CK Hutchison Holdings Limited (0001.HK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

QDEL is traded in USD, while 0001.HK is traded in HKD. To make them comparable, the 0001.HK values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, QDEL achieves a -36.03% return, which is significantly lower than 0001.HK's 34.27% return. Over the past 10 years, QDEL has underperformed 0001.HK with an annualized return of -1.00%, while 0001.HK has yielded a comparatively higher 2.47% annualized return.

QDEL

• 1D: 4.76%
• 1M: 29.30%
• 6M: -45.70%
• YTD: -36.03%
• 1Y: -39.78%
• 3Y*: -40.42%
• 5Y*: -31.71%
• 10Y*: -1.00%

0001.HK

• 1D: 7.47%
• 1M: 3.58%
• 6M: 24.61%
• YTD: 34.27%
• 1Y: 51.46%
• 3Y*: 20.08%
• 5Y*: 9.20%
• 10Y*: 2.47%

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

QDEL vs. 0001.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QDEL Quidel Corporation	-36.03%	-35.89%	-39.55%	-13.97%	-36.54%	-24.86%	139.44%	53.69%	12.62%	102.38%
0001.HK CK Hutchison Holdings Limited	34.27%	33.63%	5.87%	-5.17%	-3.89%	-3.45%	-22.24%	4.36%	-20.86%	13.80%

Correlation

The correlation between QDEL and 0001.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	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.01
Correlation (10Y) Calculated over the trailing 10-year period	0.02
Correlation (All Time) Calculated using the full available price history since Aug 6, 2007	0.03

Return for Risk

QDEL vs. 0001.HK — Risk / Return Rank

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

QDEL

QDEL Risk / Return Rank: 24
QDEL Sharpe Ratio Rank: 23
QDEL Sortino Ratio Rank: 27
QDEL Omega Ratio Rank: 26
QDEL Calmar Ratio Rank: 23
QDEL Martin Ratio Rank: 20

0001.HK

0001.HK Risk / Return Rank: 91
0001.HK Sharpe Ratio Rank: 92
0001.HK Sortino Ratio Rank: 91
0001.HK Omega Ratio Rank: 89
0001.HK Calmar Ratio Rank: 92
0001.HK Martin Ratio Rank: 92

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.

QDEL vs. 0001.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Quidel Corporation (QDEL) and CK Hutchison Holdings Limited (0001.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.

	QDEL	0001.HK	Difference
Sharpe ratio: Return per unit of total volatility	-0.50	2.09	-2.59
Sortino ratio: Return per unit of downside risk	-0.30	2.91	-3.22
Omega ratio: Gain probability vs. loss probability	0.96	1.36	-0.40
Calmar ratio: Return relative to maximum drawdown	-0.59	4.15	-4.74
Martin ratio: Return relative to average drawdown	-1.11	11.28	-12.38

QDEL vs. 0001.HK - Sharpe Ratio Comparison

The current QDEL Sharpe Ratio is -0.50, which is lower than the 0001.HK Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of QDEL and 0001.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

QDEL vs. 0001.HK - Drawdown Comparison

The maximum QDEL drawdown since its inception was -96.70%, which is greater than 0001.HK's maximum drawdown of -63.33%. Use the drawdown chart below to compare losses from any high point for QDEL and 0001.HK.

Drawdown Indicators

	QDEL	0001.HK	Difference
Max Drawdown Largest peak-to-trough decline	-96.70%	-63.33%	-33.37%
Max Drawdown (1Y) Largest decline over 1 year	-71.85%	-12.80%	-59.05%
Max Drawdown (3Y) Largest decline over 3 years	-88.76%	-25.62%	-63.14%
Max Drawdown (5Y) Largest decline over 5 years	-94.30%	-34.19%	-60.11%
Max Drawdown (10Y) Largest decline over 10 years	-96.70%	-56.30%	-40.40%
Current Drawdown Current decline from peak	-93.95%	-9.58%	-84.37%
Average Drawdown Average peak-to-trough decline	-40.28%	-28.63%	-11.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	38.37%	4.69%	+33.68%

Volatility

QDEL vs. 0001.HK - Volatility Comparison

Quidel Corporation (QDEL) has a higher volatility of 35.15% compared to CK Hutchison Holdings Limited (0001.HK) at 9.65%. This indicates that QDEL's price experiences larger fluctuations and is considered to be riskier than 0001.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QDEL	0001.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.15%	9.65%	+25.50%
Volatility (6M) Calculated over the trailing 6-month period	71.49%	21.19%	+50.30%
Volatility (1Y) Calculated over the trailing 1-year period	85.29%	25.41%	+59.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.98%	24.98%	+37.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.72%	23.57%	+35.15%

Dividends

QDEL vs. 0001.HK - Dividend Comparison

QDEL has not paid dividends to shareholders, while 0001.HK's dividend yield for the trailing twelve months is around 3.30%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0001.HK CK Hutchison Holdings Limited	3.30%	4.20%	5.93%	6.79%	5.76%	4.88%	5.30%	4.23%	3.90%	2.78%	2.94%	3.55%
QDEL Quidel Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both QDEL and 0001.HK in my portfolio?

QDEL and 0001.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.