Global X Hang Seng High Dividend Yield ETF (3110.HK)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of HK$10,000 in Global X Hang Seng High Dividend Yield ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Global X Hang Seng High Dividend Yield ETF (3110.HK) has returned 4.65% so far this year and 35.70% over the past 12 months. Over the last ten years, 3110.HK has returned 9.97% per year, falling short of the S&P 500 Index benchmark, which averaged 12.28% annually.

Based on dividend-adjusted daily data since Jun 17, 2013, 3110.HK's average daily return is +0.05%, while the average monthly return is +0.83%. At this rate, your investment would double in approximately 7.0 years.

Historically, 59% of months were positive and 41% were negative. The best month was Nov 2022 with a return of +22.4%, while the worst month was Mar 2020 at -14.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, 3110.HK closed higher 49% of trading days. The best single day was Jul 14, 2016 with a return of +28.1%, while the worst single day was Jul 15, 2016 at -20.9%.

Global X Hang Seng High Dividend Yield ETF has an annualized alpha of 9.98%, beta of 0.12, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since June 18, 2013.

• This ETF participated in 66.09% of S&P 500 Index downside but only 61.01% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.12 may look defensive, but with R² of 0.01 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.01 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

3110.HK has an expense ratio of 0.68%, placing it in the medium range.

3110.HK ranks 91 for risk / return — in the top 91% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Global X Hang Seng High Dividend Yield ETF (3110.HK) and compare them to a chosen benchmark (S&P 500 Index).

Global X Hang Seng High Dividend Yield ETF provided a 5.96% dividend yield over the last twelve months, with an annual payout of HK$1.88 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Global X Hang Seng High Dividend Yield ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Global X Hang Seng High Dividend Yield ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X Hang Seng High Dividend Yield ETF was 34.74%, occurring on Oct 31, 2022. Recovery took 468 trading sessions.

The current Global X Hang Seng High Dividend Yield ETF drawdown is 6.87%.

The chart below shows the rolling one-month volatility.