3070.HK vs. 3466.HK

Last updated Jun 5, 2026

3070.HK (Ping An of China CSI HK Dividend ETF) and 3466.HK (Hang Seng High Dividend 30 Index ETF) are both exchange-traded funds - 3070.HK is a China Equities fund tracking the CSI Hong Kong Dividend Index, while 3466.HK is a Dividend fund tracking the Hang Seng High Dividend 30 Index. Both are passively managed. Over the past year, 3070.HK returned 23.06% vs 43.65% for 3466.HK. A 0.66 correlation means they provide meaningful diversification when combined. 3070.HK charges 0.77%/yr vs 0.55%/yr for 3466.HK.

Performance

3070.HK vs. 3466.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Ping An of China CSI HK Dividend ETF (3070.HK) and Hang Seng High Dividend 30 Index ETF (3466.HK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 3070.HK achieves a 10.14% return, which is significantly lower than 3466.HK's 13.10% return.

3070.HK

• 1D: -0.81%
• 1M: -3.89%
• YTD: 10.14%
• 6M: 6.51%
• 1Y: 23.06%
• 3Y*: 23.52%
• 5Y*: 15.13%
• 10Y*: 12.99%

3466.HK

• 1D: -0.74%
• 1M: -1.95%
• YTD: 13.10%
• 6M: 11.85%
• 1Y: 43.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

3070.HK vs. 3466.HK - Yearly Performance Comparison

	2026 (YTD)	2025
3070.HK Ping An of China CSI HK Dividend ETF	10.14%	33.53%
3466.HK Hang Seng High Dividend 30 Index ETF	13.10%	52.57%

Correlation

The correlation between 3070.HK and 3466.HK is 0.64, 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	0.64
Correlation (All Time) Calculated using the full available price history since Apr 8, 2025	0.66

The correlation between 3070.HK and 3466.HK has been stable across timeframes, ranging from 0.64 to 0.66 - a consistent structural relationship.

Return for Risk

3070.HK vs. 3466.HK — Risk / Return Rank

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

3070.HK

3070.HK Risk / Return Rank: 48
3070.HK Sharpe Ratio Rank: 48
3070.HK Sortino Ratio Rank: 46
3070.HK Omega Ratio Rank: 45
3070.HK Calmar Ratio Rank: 54
3070.HK Martin Ratio Rank: 46

3466.HK

3466.HK Risk / Return Rank: 90
3466.HK Sharpe Ratio Rank: 91
3466.HK Sortino Ratio Rank: 91
3466.HK Omega Ratio Rank: 89
3466.HK Calmar Ratio Rank: 91
3466.HK Martin Ratio Rank: 87

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.

3070.HK vs. 3466.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ping An of China CSI HK Dividend ETF (3070.HK) and Hang Seng High Dividend 30 Index ETF (3466.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.

	3070.HK	3466.HK	Difference
Sharpe ratio: Return per unit of total volatility	1.65	3.21	-1.56
Sortino ratio: Return per unit of downside risk	2.23	4.24	-2.01
Omega ratio: Gain probability vs. loss probability	1.28	1.56	-0.28
Calmar ratio: Return relative to maximum drawdown	2.60	5.67	-3.07
Martin ratio: Return relative to average drawdown	7.32	18.47	-11.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

3070.HK vs. 3466.HK - Sharpe Ratio Comparison

The current 3070.HK Sharpe Ratio is 1.65, which is lower than the 3466.HK Sharpe Ratio of 3.21. The chart below compares the historical Sharpe Ratios of 3070.HK and 3466.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

	3070.HK	3466.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.65	3.21	-1.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	4.38	-3.72

Drawdowns

3070.HK vs. 3466.HK - Drawdown Comparison

The maximum 3070.HK drawdown since its inception was -33.58%, which is greater than 3466.HK's maximum drawdown of -8.04%. Use the drawdown chart below to compare losses from any high point for 3070.HK and 3466.HK.

Drawdown Indicators

	3070.HK	3466.HK	Difference
Max Drawdown Largest peak-to-trough decline	-33.58%	-8.04%	-25.54%
Max Drawdown (1Y) Largest decline over 1 year	-9.26%	-8.04%	-1.22%
Max Drawdown (3Y) Largest decline over 3 years	-13.25%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.26%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.58%	—	—
Current Drawdown Current decline from peak	-5.30%	-3.53%	-1.77%
Average Drawdown Average peak-to-trough decline	-10.21%	-1.53%	-8.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.26%	2.44%	+0.82%

Volatility

3070.HK vs. 3466.HK - Volatility Comparison

Ping An of China CSI HK Dividend ETF (3070.HK) has a higher volatility of 3.86% compared to Hang Seng High Dividend 30 Index ETF (3466.HK) at 3.39%. This indicates that 3070.HK's price experiences larger fluctuations and is considered to be riskier than 3466.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	3070.HK	3466.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.86%	3.39%	+0.47%
Volatility (6M) Calculated over the trailing 6-month period	10.39%	10.00%	+0.39%
Volatility (1Y) Calculated over the trailing 1-year period	14.60%	14.18%	+0.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.28%	14.24%	+5.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.53%	14.24%	+6.29%

3070.HK vs. 3466.HK - Expense Ratio Comparison

3070.HK has a 0.77% expense ratio, which is higher than 3466.HK's 0.55% expense ratio.

Dividends

3070.HK vs. 3466.HK - Dividend Comparison

3070.HK's dividend yield for the trailing twelve months is around 4.68%, less than 3466.HK's 6.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
3070.HK Ping An of China CSI HK Dividend ETF	4.68%	4.79%	3.93%	6.93%	8.04%	6.05%	4.20%	4.33%	4.86%	2.45%	6.13%	3.33%
3466.HK Hang Seng High Dividend 30 Index ETF	6.90%	4.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both 3070.HK and 3466.HK in my portfolio?

3070.HK and 3466.HK have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 3070.HK or 3466.HK?

On fees, 3466.HK is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 3070.HK or 3466.HK?

3466.HK is cheaper with a 0.55% expense ratio, compared with 0.77% for 3070.HK.

What is the main difference between 3070.HK and 3466.HK?

3070.HK is categorized as China Equities, while 3466.HK is Dividend. 3070.HK tracks CSI Hong Kong Dividend Index, while 3466.HK tracks Hang Seng High Dividend 30 Index. They also come from different issuers: Ping An of China Trust and Hang Seng Investment Management. Their fees differ too: 0.77% for 3070.HK and 0.55% for 3466.HK.