2800.HK vs. 3145.HK

Last updated Jul 22, 2026

2800.HK (Tracker Fund of Hong Kong) and 3145.HK (ChinaAMC Asia High Dividend ETF) are both exchange-traded funds - 2800.HK is a China Equities fund tracking the Hang Seng Index, while 3145.HK is a Asia Pacific Equities fund tracking the Bloomberg APAC High Dividend 40 Net Return Index. Both are passively managed. Over the past 10 years, 2800.HK returned 4.65%/yr vs 10.34%/yr for 3145.HK. A 0.65 correlation means they provide meaningful diversification when combined. 2800.HK charges 0.10%/yr vs 0.45%/yr for 3145.HK.

Performance

2800.HK vs. 3145.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Tracker Fund of Hong Kong (2800.HK) and ChinaAMC Asia High Dividend ETF (3145.HK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 2800.HK achieves a -1.14% return, which is significantly lower than 3145.HK's 12.74% return. Over the past 10 years, 2800.HK has underperformed 3145.HK with an annualized return of 4.65%, while 3145.HK has yielded a comparatively higher 10.34% annualized return.

2800.HK

• 1D: -1.02%
• 1M: 4.37%
• 6M: -4.32%
• YTD: -1.14%
• 1Y: 2.35%
• 3Y*: 12.90%
• 5Y*: 1.55%
• 10Y*: 4.65%
• ALL TIME*: 3.82%

3145.HK

• 1D: 0.62%
• 1M: 3.18%
• 6M: 6.54%
• YTD: 12.74%
• 1Y: 20.20%
• 3Y*: 18.94%
• 5Y*: 10.02%
• 10Y*: 10.34%
• ALL TIME*: 8.39%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
2800.HK Tracker Fund of Hong Kong	HK$19.24B	HK$19.19B	HK$19.22B
3145.HK ChinaAMC Asia High Dividend ETF	HK$14.01M	HK$20.09M	HK$17.30M

2800.HK vs. 3145.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
2800.HK Tracker Fund of Hong Kong	-1.14%	31.39%	22.40%	-10.55%	-11.90%	-11.96%	-0.75%	12.96%	-10.08%	40.54%
3145.HK ChinaAMC Asia High Dividend ETF	12.74%	22.59%	17.17%	11.62%	-11.17%	6.94%	3.52%	19.78%	-8.87%	39.80%

Correlation

The correlation between 2800.HK and 3145.HK is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Nov 6, 2014	0.65

The correlation between 2800.HK and 3145.HK has been stable across timeframes, ranging from 0.61 to 0.65 - a consistent structural relationship.

Return for Risk

2800.HK vs. 3145.HK — Risk / Return Rank

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

2800.HK

2800.HK Risk / Return Rank: 12
2800.HK Sharpe Ratio Rank: 13
2800.HK Sortino Ratio Rank: 12
2800.HK Omega Ratio Rank: 12
2800.HK Calmar Ratio Rank: 12
2800.HK Martin Ratio Rank: 12

3145.HK

3145.HK Risk / Return Rank: 50
3145.HK Sharpe Ratio Rank: 55
3145.HK Sortino Ratio Rank: 52
3145.HK Omega Ratio Rank: 53
3145.HK Calmar Ratio Rank: 47
3145.HK Martin Ratio Rank: 44

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.

2800.HK vs. 3145.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tracker Fund of Hong Kong (2800.HK) and ChinaAMC Asia High Dividend ETF (3145.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.

	2800.HK	3145.HK	Difference
Sharpe ratio: Return per unit of total volatility	0.10	1.44	-1.34
Sortino ratio: Return per unit of downside risk	0.28	1.97	-1.69
Omega ratio: Gain probability vs. loss probability	1.03	1.25	-0.22
Calmar ratio: Return relative to maximum drawdown	0.10	1.84	-1.73
Martin ratio: Return relative to average drawdown	0.27	5.31	-5.04

2800.HK vs. 3145.HK - Sharpe Ratio Comparison

The current 2800.HK Sharpe Ratio is 0.10, which is lower than the 3145.HK Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of 2800.HK and 3145.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

2800.HK vs. 3145.HK - Drawdown Comparison

The maximum 2800.HK drawdown since its inception was -63.92%, which is greater than 3145.HK's maximum drawdown of -34.05%. Use the drawdown chart below to compare losses from any high point for 2800.HK and 3145.HK.

Drawdown Indicators

	2800.HK	3145.HK	Difference
Max Drawdown Largest peak-to-trough decline	-63.92%	-34.05%	-29.87%
Max Drawdown (1Y) Largest decline over 1 year	-17.49%	-11.45%	-6.04%
Max Drawdown (3Y) Largest decline over 3 years	-24.13%	-18.46%	-5.67%
Max Drawdown (5Y) Largest decline over 5 years	-43.50%	-28.22%	-15.28%
Max Drawdown (10Y) Largest decline over 10 years	-49.39%	-34.05%	-15.34%
Current Drawdown Current decline from peak	-9.42%	-4.21%	-5.21%
Average Drawdown Average peak-to-trough decline	-22.69%	-8.03%	-14.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.61%	3.92%	+2.69%

Volatility

2800.HK vs. 3145.HK - Volatility Comparison

Tracker Fund of Hong Kong (2800.HK) has a higher volatility of 6.35% compared to ChinaAMC Asia High Dividend ETF (3145.HK) at 4.79%. This indicates that 2800.HK's price experiences larger fluctuations and is considered to be riskier than 3145.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	2800.HK	3145.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.35%	4.79%	+1.56%
Volatility (6M) Calculated over the trailing 6-month period	14.44%	11.72%	+2.72%
Volatility (1Y) Calculated over the trailing 1-year period	19.00%	14.59%	+4.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.78%	15.42%	+9.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.39%	15.53%	+5.86%

2800.HK vs. 3145.HK - Expense Ratio Comparison

2800.HK has a 0.10% expense ratio, which is lower than 3145.HK's 0.45% expense ratio.

Dividends

2800.HK vs. 3145.HK - Dividend Comparison

2800.HK's dividend yield for the trailing twelve months is around 2.92%, less than 3145.HK's 7.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
2800.HK Tracker Fund of Hong Kong	2.92%	2.98%	3.80%	3.78%	3.21%	2.85%	2.74%	3.27%	3.65%	3.09%	3.53%	3.67%
3145.HK ChinaAMC Asia High Dividend ETF	7.79%	3.82%	2.51%	2.87%	3.00%	2.68%	2.79%	2.22%	2.82%	2.00%	2.94%	0.71%

Frequently Asked Questions

Can I hold both 2800.HK and 3145.HK in my portfolio?

2800.HK and 3145.HK have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 2800.HK or 3145.HK?

On fees, 2800.HK is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 2800.HK or 3145.HK?

2800.HK is cheaper with a 0.10% expense ratio, compared with 0.45% for 3145.HK.

What is the main difference between 2800.HK and 3145.HK?

2800.HK is categorized as China Equities, while 3145.HK is Asia Pacific Equities. 2800.HK tracks Hang Seng Index, while 3145.HK tracks Bloomberg APAC High Dividend 40 Net Return Index. They also come from different issuers: State Street and ChinaAMC. Their fees differ too: 0.10% for 2800.HK and 0.45% for 3145.HK.