SONY vs. 2899.HK

Last updated Jun 13, 2026

SONY (Sony Group Corporation) and 2899.HK (Zijin Mining Group Co Ltd-H) are both stocks. SONY operates in Consumer Electronics (Technology), while 2899.HK operates in Gold (Basic Materials). Over the past 10 years, SONY returned 14.67%/yr vs 33.55%/yr for 2899.HK. At a 0.09 correlation, their price movements are largely independent.

Performance

SONY vs. 2899.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sony Group Corporation (SONY) and Zijin Mining Group Co Ltd-H (2899.HK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SONY is traded in USD, while 2899.HK is traded in HKD. To make them comparable, the 2899.HK values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SONY achieves a -19.80% return, which is significantly lower than 2899.HK's -11.32% return. Over the past 10 years, SONY has underperformed 2899.HK with an annualized return of 14.67%, while 2899.HK has yielded a comparatively higher 33.55% annualized return.

SONY

• 1D: -2.93%
• 1M: -7.19%
• YTD: -19.80%
• 6M: -23.31%
• 1Y: -20.61%
• 3Y*: 1.34%
• 5Y*: 1.16%
• 10Y*: 14.67%

2899.HK

• 1D: 7.92%
• 1M: -18.03%
• YTD: -11.32%
• 6M: -7.82%
• 1Y: 60.82%
• 3Y*: 42.21%
• 5Y*: 24.64%
• 10Y*: 33.55%

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

SONY vs. 2899.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SONY Sony Group Corporation	-19.80%	21.65%	12.49%	24.95%	-39.26%	25.64%	49.70%	41.89%	7.96%	61.31%
2899.HK Zijin Mining Group Co Ltd-H	-11.32%	158.36%	13.78%	23.34%	16.45%	6.41%	135.43%	37.02%	3.66%	20.31%

Correlation

The correlation between SONY and 2899.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	0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (10Y) Calculated over the trailing 10-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jul 3, 2007	0.09

The correlation between SONY and 2899.HK shifts across timeframes, from -0.05 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SONY vs. 2899.HK — Risk / Return Rank

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

SONY

SONY Risk / Return Rank: 15
SONY Sharpe Ratio Rank: 12
SONY Sortino Ratio Rank: 12
SONY Omega Ratio Rank: 15
SONY Calmar Ratio Rank: 20
SONY Martin Ratio Rank: 18

2899.HK

2899.HK Risk / Return Rank: 75
2899.HK Sharpe Ratio Rank: 80
2899.HK Sortino Ratio Rank: 75
2899.HK Omega Ratio Rank: 72
2899.HK Calmar Ratio Rank: 73
2899.HK Martin Ratio Rank: 76

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.

SONY vs. 2899.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sony Group Corporation (SONY) and Zijin Mining Group Co Ltd-H (2899.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.

	SONY	2899.HK	Difference
Sharpe ratio: Return per unit of total volatility	-0.74	1.32	-2.05
Sortino ratio: Return per unit of downside risk	-1.01	1.87	-2.88
Omega ratio: Gain probability vs. loss probability	0.89	1.22	-0.33
Calmar ratio: Return relative to maximum drawdown	-0.63	1.72	-2.35
Martin ratio: Return relative to average drawdown	-1.15	4.61	-5.76

SONY vs. 2899.HK - Sharpe Ratio Comparison

The current SONY Sharpe Ratio is -0.74, which is lower than the 2899.HK Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of SONY and 2899.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

SONY vs. 2899.HK - Drawdown Comparison

The maximum SONY drawdown since its inception was -93.18%, roughly equal to the maximum 2899.HK drawdown of -89.55%. Use the drawdown chart below to compare losses from any high point for SONY and 2899.HK.

Drawdown Indicators

	SONY	2899.HK	Difference
Max Drawdown Largest peak-to-trough decline	-93.18%	-89.55%	-3.63%
Max Drawdown (1Y) Largest decline over 1 year	-35.10%	-36.30%	+1.20%
Max Drawdown (3Y) Largest decline over 3 years	-35.10%	-36.30%	+1.20%
Max Drawdown (5Y) Largest decline over 5 years	-50.56%	-46.97%	-3.59%
Max Drawdown (10Y) Largest decline over 10 years	-50.56%	-49.47%	-1.09%
Current Drawdown Current decline from peak	-32.15%	-31.26%	-0.89%
Average Drawdown Average peak-to-trough decline	-42.18%	-35.47%	-6.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.28%	13.39%	+5.89%

Volatility

SONY vs. 2899.HK - Volatility Comparison

The current volatility for Sony Group Corporation (SONY) is 9.25%, while Zijin Mining Group Co Ltd-H (2899.HK) has a volatility of 15.89%. This indicates that SONY experiences smaller price fluctuations and is considered to be less risky than 2899.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SONY	2899.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.25%	15.89%	-6.64%
Volatility (6M) Calculated over the trailing 6-month period	21.04%	36.23%	-15.19%
Volatility (1Y) Calculated over the trailing 1-year period	29.98%	47.63%	-17.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.06%	44.35%	-15.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.82%	44.53%	-15.71%

Dividends

SONY vs. 2899.HK - Dividend Comparison

SONY's dividend yield for the trailing twelve months is around 0.39%, less than 2899.HK's 2.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
2899.HK Zijin Mining Group Co Ltd-H	2.16%	1.53%	2.33%	2.18%	2.20%	1.56%	1.25%	2.93%	3.74%	2.33%	2.83%	5.00%
SONY Sony Group Corporation	0.39%	0.59%	0.58%	0.59%	0.69%	0.43%	0.46%	0.54%	0.56%	0.45%	0.63%	0.34%

Financials

Frequently Asked Questions

Can I hold both SONY and 2899.HK in my portfolio?

SONY and 2899.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.