TRX vs. 0116.HK

Last updated Jun 5, 2026

TRX (Tanzanian Gold Corporation) and 0116.HK (CHOW SANG SANG) are both stocks. TRX operates in Gold (Basic Materials), while 0116.HK operates in Luxury Goods (Consumer Cyclical). Over the past 10 years, TRX returned 9.57%/yr vs 2.04%/yr for 0116.HK. At a 0.03 correlation, their price movements are largely independent.

Performance

TRX vs. 0116.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tanzanian Gold Corporation (TRX) and CHOW SANG SANG (0116.HK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TRX is traded in USD, while 0116.HK is traded in HKD. To make them comparable, the 0116.HK values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, TRX achieves a 14.02% return, which is significantly higher than 0116.HK's -7.64% return. Over the past 10 years, TRX has outperformed 0116.HK with an annualized return of 9.57%, while 0116.HK has yielded a comparatively lower 2.04% annualized return.

TRX

• 1D: -1.87%
• 1M: -6.25%
• YTD: 14.02%
• 6M: 38.16%
• 1Y: 212.13%
• 3Y*: 30.63%
• 5Y*: 15.74%
• 10Y*: 9.57%

0116.HK

• 1D: 0.07%
• 1M: -5.91%
• YTD: -7.64%
• 6M: -5.54%
• 1Y: 41.59%
• 3Y*: 13.09%
• 5Y*: 1.02%
• 10Y*: 2.04%

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

TRX vs. 0116.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TRX Tanzanian Gold Corporation	14.02%	199.97%	-19.24%	12.37%	-14.54%	-40.00%	7.22%	75.80%	25.90%	-44.39%
0116.HK CHOW SANG SANG	-7.64%	99.42%	-21.76%	-9.80%	-0.42%	26.91%	-5.40%	-11.39%	-36.41%	33.40%

Correlation

The correlation between TRX and 0116.HK is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (10Y) Calculated over the trailing 10-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jun 22, 2007	0.03

The correlation between TRX and 0116.HK shifts across timeframes, from 0.03 (all time) to 0.15 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

TRX vs. 0116.HK — Risk / Return Rank

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

TRX

TRX Risk / Return Rank: 88
TRX Sharpe Ratio Rank: 91
TRX Sortino Ratio Rank: 88
TRX Omega Ratio Rank: 87
TRX Calmar Ratio Rank: 88
TRX Martin Ratio Rank: 86

0116.HK

0116.HK Risk / Return Rank: 67
0116.HK Sharpe Ratio Rank: 66
0116.HK Sortino Ratio Rank: 69
0116.HK Omega Ratio Rank: 64
0116.HK Calmar Ratio Rank: 69
0116.HK Martin Ratio Rank: 66

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.

TRX vs. 0116.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tanzanian Gold Corporation (TRX) and CHOW SANG SANG (0116.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.

	TRX	0116.HK	Difference
Sharpe ratio: Return per unit of total volatility	2.40	0.80	+1.60
Sortino ratio: Return per unit of downside risk	3.01	1.68	+1.33
Omega ratio: Gain probability vs. loss probability	1.38	1.19	+0.19
Calmar ratio: Return relative to maximum drawdown	4.12	1.46	+2.66
Martin ratio: Return relative to average drawdown	9.36	2.93	+6.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TRX vs. 0116.HK - Sharpe Ratio Comparison

The current TRX Sharpe Ratio is 2.40, which is higher than the 0116.HK Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of TRX and 0116.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.

Sharpe Ratios by Period

	TRX	0116.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.40	0.80	+1.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	0.03	+0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.13	0.06	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	0.18	-0.17

Drawdowns

TRX vs. 0116.HK - Drawdown Comparison

The maximum TRX drawdown since its inception was -97.69%, which is greater than 0116.HK's maximum drawdown of -77.44%. Use the drawdown chart below to compare losses from any high point for TRX and 0116.HK.

Drawdown Indicators

	TRX	0116.HK	Difference
Max Drawdown Largest peak-to-trough decline	-97.69%	-77.44%	-20.25%
Max Drawdown (1Y) Largest decline over 1 year	-51.83%	-29.38%	-22.45%
Max Drawdown (3Y) Largest decline over 3 years	-51.83%	-41.03%	-10.80%
Max Drawdown (5Y) Largest decline over 5 years	-54.89%	-54.61%	-0.28%
Max Drawdown (10Y) Largest decline over 10 years	-82.73%	-61.84%	-20.89%
Current Drawdown Current decline from peak	-88.16%	-36.32%	-51.84%
Average Drawdown Average peak-to-trough decline	-72.13%	-41.55%	-30.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.77%	14.42%	+8.35%

Volatility

TRX vs. 0116.HK - Volatility Comparison

Tanzanian Gold Corporation (TRX) has a higher volatility of 17.05% compared to CHOW SANG SANG (0116.HK) at 11.76%. This indicates that TRX's price experiences larger fluctuations and is considered to be riskier than 0116.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TRX	0116.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.05%	11.76%	+5.29%
Volatility (6M) Calculated over the trailing 6-month period	71.33%	28.91%	+42.42%
Volatility (1Y) Calculated over the trailing 1-year period	89.03%	53.29%	+35.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.13%	37.95%	+22.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.78%	33.70%	+39.08%

Dividends

TRX vs. 0116.HK - Dividend Comparison

TRX has not paid dividends to shareholders, while 0116.HK's dividend yield for the trailing twelve months is around 9.35%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0116.HK CHOW SANG SANG	9.35%	4.67%	8.47%	3.90%	4.16%	3.67%	3.41%	5.99%	4.91%	2.33%	1.53%	4.78%
TRX Tanzanian Gold 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 TRX and 0116.HK in my portfolio?

TRX and 0116.HK have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.