3110.HK vs. VOOG
3110.HK (Global X Hang Seng High Dividend Yield ETF) and VOOG (Vanguard S&P 500 Growth ETF) are both exchange-traded funds - 3110.HK is a China Equities fund tracking the Hang Seng High Dividend Yield Index, while VOOG is a S&P 500 fund tracking the S&P 500 Growth Index. Both are passively managed. Over the past 10 years, 3110.HK returned 10.04%/yr vs 18.20%/yr for VOOG. At a 0.08 correlation, their price movements are largely independent. 3110.HK charges 0.68%/yr vs 0.07%/yr for VOOG.
Performance
3110.HK vs. VOOG - Performance Comparison
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Different Trading Currencies
3110.HK is traded in HKD, while VOOG is traded in USD. To make them comparable, the VOOG values have been converted to HKD using the latest available exchange rates.
Returns By Period
In the year-to-date period, 3110.HK achieves a 5.85% return, which is significantly lower than VOOG's 14.42% return. Over the past 10 years, 3110.HK has underperformed VOOG with an annualized return of 10.04%, while VOOG has yielded a comparatively higher 18.20% annualized return.
3110.HK
- 1D
- -0.37%
- 1M
- -3.16%
- YTD
- 5.85%
- 6M
- 4.00%
- 1Y
- 27.66%
- 3Y*
- 20.98%
- 5Y*
- 9.07%
- 10Y*
- 10.04%
VOOG
- 1D
- -0.12%
- 1M
- 6.51%
- YTD
- 14.42%
- 6M
- 13.82%
- 1Y
- 33.44%
- 3Y*
- 28.11%
- 5Y*
- 16.24%
- 10Y*
- 18.20%
3110.HK vs. VOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
3110.HK Global X Hang Seng High Dividend Yield ETF | 5.85% | 35.55% | 32.28% | -3.89% | -8.03% | 7.61% | -6.80% | 7.58% | -3.43% | 42.22% |
VOOG Vanguard S&P 500 Growth ETF | 14.42% | 22.35% | 35.19% | 29.94% | -29.36% | 32.67% | 32.75% | 30.24% | 0.01% | 28.16% |
Correlation
The correlation between 3110.HK and VOOG is 0.04, 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 | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2013 | 0.08 |
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Return for Risk
3110.HK vs. VOOG — Risk / Return Rank
3110.HK
VOOG
3110.HK vs. VOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Hang Seng High Dividend Yield ETF (3110.HK) and Vanguard S&P 500 Growth ETF (VOOG). 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.
| 3110.HK | VOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.14 | 2.58 | +1.56 |
| Martin ratioReturn relative to average drawdown | 10.79 | 10.96 | -0.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 3110.HK | VOOG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.11 | 2.12 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.77 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.88 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.91 | -0.47 |
Drawdowns
3110.HK vs. VOOG - Drawdown Comparison
The maximum 3110.HK drawdown since its inception was -34.74%, which is greater than VOOG's maximum drawdown of -32.29%. Use the drawdown chart below to compare losses from any high point for 3110.HK and VOOG.
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Drawdown Indicators
| 3110.HK | VOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.74% | -32.29% | -2.45% |
Max Drawdown (1Y)Largest decline over 1 year | -6.87% | -13.00% | +6.13% |
Max Drawdown (3Y)Largest decline over 3 years | -16.74% | -22.31% | +5.57% |
Max Drawdown (5Y)Largest decline over 5 years | -33.37% | -32.29% | -1.08% |
Max Drawdown (10Y)Largest decline over 10 years | -34.74% | -32.29% | -2.45% |
Current DrawdownCurrent decline from peak | -5.80% | -1.21% | -4.59% |
Average DrawdownAverage peak-to-trough decline | -11.79% | -4.90% | -6.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.60% | 3.06% | -0.46% |
Volatility
3110.HK vs. VOOG - Volatility Comparison
The current volatility for Global X Hang Seng High Dividend Yield ETF (3110.HK) is 3.03%, while Vanguard S&P 500 Growth ETF (VOOG) has a volatility of 4.33%. This indicates that 3110.HK experiences smaller price fluctuations and is considered to be less risky than VOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 3110.HK | VOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.03% | 4.33% | -1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 9.78% | 12.40% | -2.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.48% | 15.83% | -2.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.73% | 21.16% | -1.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.18% | 20.69% | +1.49% |
3110.HK vs. VOOG - Expense Ratio Comparison
3110.HK has a 0.68% expense ratio, which is higher than VOOG's 0.07% expense ratio.
Dividends
3110.HK vs. VOOG - Dividend Comparison
3110.HK's dividend yield for the trailing twelve months is around 5.89%, more than VOOG's 0.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
3110.HK Global X Hang Seng High Dividend Yield ETF | 5.89% | 6.15% | 6.81% | 8.30% | 7.34% | 7.32% | 5.23% | 0.00% | 6.32% | 4.28% | 5.69% | 0.00% |
VOOG Vanguard S&P 500 Growth ETF | 0.44% | 0.49% | 0.49% | 1.12% | 0.93% | 0.53% | 0.88% | 1.26% | 1.34% | 1.32% | 1.47% | 1.56% |
Frequently Asked Questions
3110.HK and VOOG have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VOOG is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VOOG is cheaper with a 0.07% expense ratio, compared with 0.68% for 3110.HK.
3110.HK is categorized as China Equities, while VOOG is S&P 500. 3110.HK tracks Hang Seng High Dividend Yield Index, while VOOG tracks S&P 500 Growth Index. They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.68% for 3110.HK and 0.07% for VOOG.
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