3070.HK vs. ETLQ.DE
3070.HK (Ping An of China CSI HK Dividend ETF) and ETLQ.DE (L&G Global Equity UCITS ETF) are both exchange-traded funds - 3070.HK is a China Equities fund tracking the CSI Hong Kong Dividend Index, while ETLQ.DE is a Global Equities fund tracking the Solactive Core Developed Markets Large & Mid Cap. Both are passively managed. Over the past 5 years, 3070.HK returned 15.13%/yr vs 12.27%/yr for ETLQ.DE. At a 0.19 correlation, their price movements are largely independent. 3070.HK charges 0.77%/yr vs 0.10%/yr for ETLQ.DE.
Performance
3070.HK vs. ETLQ.DE - Performance Comparison
Loading charts...
Different Trading Currencies
3070.HK is traded in HKD, while ETLQ.DE is traded in EUR. To make them comparable, the ETLQ.DE values have been converted to HKD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with 3070.HK having a 10.14% return and ETLQ.DE slightly higher at 10.35%.
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%
ETLQ.DE
- 1D
- 0.08%
- 1M
- 2.66%
- YTD
- 10.35%
- 6M
- 11.38%
- 1Y
- 25.47%
- 3Y*
- 20.91%
- 5Y*
- 12.27%
- 10Y*
- —
3070.HK vs. ETLQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
3070.HK Ping An of China CSI HK Dividend ETF | 10.14% | 25.91% | 36.16% | 12.21% | 3.61% | 4.52% | -12.13% | 4.16% |
ETLQ.DE L&G Global Equity UCITS ETF | 10.35% | 22.30% | 18.25% | 24.64% | -18.29% | 22.90% | 15.42% | 21.62% |
Correlation
The correlation between 3070.HK and ETLQ.DE is 0.01, 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 | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2019 | 0.19 |
The correlation between 3070.HK and ETLQ.DE shifts across timeframes, from 0.01 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
3070.HK vs. ETLQ.DE — Risk / Return Rank
3070.HK
ETLQ.DE
3070.HK vs. ETLQ.DE - 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 L&G Global Equity UCITS ETF (ETLQ.DE). 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 | ETLQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.38 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.60 | 3.10 | -0.49 |
| Martin ratioReturn relative to average drawdown | 7.32 | 13.52 | -6.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| 3070.HK | ETLQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.65 | 2.18 | -0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.81 | 0.79 | +0.02 |
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 | 0.89 | -0.22 |
Drawdowns
3070.HK vs. ETLQ.DE - Drawdown Comparison
The maximum 3070.HK drawdown since its inception was -33.58%, roughly equal to the maximum ETLQ.DE drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for 3070.HK and ETLQ.DE.
Loading charts...
Drawdown Indicators
| 3070.HK | ETLQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.58% | -33.99% | +0.41% |
Max Drawdown (1Y)Largest decline over 1 year | -9.26% | -8.31% | -0.95% |
Max Drawdown (3Y)Largest decline over 3 years | -13.25% | -18.04% | +4.79% |
Max Drawdown (5Y)Largest decline over 5 years | -23.26% | -25.38% | +2.12% |
Max Drawdown (10Y)Largest decline over 10 years | -33.58% | — | — |
Current DrawdownCurrent decline from peak | -5.30% | -0.55% | -4.75% |
Average DrawdownAverage peak-to-trough decline | -10.21% | -4.86% | -5.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 1.91% | +1.35% |
Volatility
3070.HK vs. ETLQ.DE - Volatility Comparison
Ping An of China CSI HK Dividend ETF (3070.HK) has a higher volatility of 3.86% compared to L&G Global Equity UCITS ETF (ETLQ.DE) at 3.07%. This indicates that 3070.HK's price experiences larger fluctuations and is considered to be riskier than ETLQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 3070.HK | ETLQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.86% | 3.07% | +0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 10.39% | 8.80% | +1.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.60% | 11.79% | +2.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.28% | 15.42% | +3.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.53% | 16.85% | +3.68% |
3070.HK vs. ETLQ.DE - Expense Ratio Comparison
3070.HK has a 0.77% expense ratio, which is higher than ETLQ.DE's 0.10% expense ratio.
Dividends
3070.HK vs. ETLQ.DE - Dividend Comparison
3070.HK's dividend yield for the trailing twelve months is around 4.68%, while ETLQ.DE has not paid dividends to shareholders.
| 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% |
ETLQ.DE L&G Global Equity UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
3070.HK and ETLQ.DE have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETLQ.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLQ.DE is cheaper with a 0.10% expense ratio, compared with 0.77% for 3070.HK.
3070.HK is categorized as China Equities, while ETLQ.DE is Global Equities. 3070.HK tracks CSI Hong Kong Dividend Index, while ETLQ.DE tracks Solactive Core Developed Markets Large & Mid Cap. They also come from different issuers: Ping An of China Trust and Legal & General. Their fees differ too: 0.77% for 3070.HK and 0.10% for ETLQ.DE.
Find the right allocation for 3070.HK and ETLQ.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer