3119.HK vs. SEC0.DE
3119.HK (Global X Asia Semiconductor ETF) and SEC0.DE (iShares MSCI Global Semiconductors UCITS ETF USD (Acc)) are both Semiconductors funds - 3119.HK tracks the FactSet Asia Semiconductor Index while SEC0.DE tracks the MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Both are passively managed. Over the past 3 years, 3119.HK returned 61.17%/yr vs 61.11%/yr for SEC0.DE. At a 0.44 correlation, their price movements are largely independent. 3119.HK charges 0.68%/yr vs 0.35%/yr for SEC0.DE.
Performance
3119.HK vs. SEC0.DE - Performance Comparison
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Different Trading Currencies
3119.HK is traded in HKD, while SEC0.DE is traded in EUR. To make them comparable, the SEC0.DE values have been converted to HKD using the latest available exchange rates.
Returns By Period
In the year-to-date period, 3119.HK achieves a 110.95% return, which is significantly higher than SEC0.DE's 102.07% return.
3119.HK
- 1D
- 1.35%
- 1M
- 11.77%
- YTD
- 110.95%
- 6M
- 119.99%
- 1Y
- 197.07%
- 3Y*
- 61.17%
- 5Y*
- —
- 10Y*
- —
SEC0.DE
- 1D
- 0.00%
- 1M
- 6.97%
- YTD
- 102.07%
- 6M
- 105.42%
- 1Y
- 175.25%
- 3Y*
- 61.11%
- 5Y*
- —
- 10Y*
- —
3119.HK vs. SEC0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
3119.HK Global X Asia Semiconductor ETF | 110.95% | 65.86% | 6.88% | 34.78% | -38.81% | 1.61% |
SEC0.DE iShares MSCI Global Semiconductors UCITS ETF USD (Acc) | 102.07% | 54.34% | 13.32% | 66.08% | -35.87% | 17.29% |
Correlation
The correlation between 3119.HK and SEC0.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2021 | 0.44 |
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Return for Risk
3119.HK vs. SEC0.DE — Risk / Return Rank
3119.HK
SEC0.DE
3119.HK vs. SEC0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Asia Semiconductor ETF (3119.HK) and iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.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.
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.
| 3119.HK | SEC0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.71 | 1.64 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 9.93 | 12.09 | -2.16 |
| Martin ratioReturn relative to average drawdown | 39.21 | 42.08 | -2.86 |
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Drawdowns
3119.HK vs. SEC0.DE - Drawdown Comparison
The maximum 3119.HK drawdown since its inception was -45.34%, roughly equal to the maximum SEC0.DE drawdown of -44.99%. Use the drawdown chart below to compare losses from any high point for 3119.HK and SEC0.DE.
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Drawdown Indicators
| 3119.HK | SEC0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.34% | -44.99% | -0.35% |
Max Drawdown (1Y)Largest decline over 1 year | -21.26% | -14.58% | -6.68% |
Max Drawdown (3Y)Largest decline over 3 years | -24.59% | -39.10% | +14.51% |
Current DrawdownCurrent decline from peak | -4.76% | -7.50% | +2.74% |
Average DrawdownAverage peak-to-trough decline | -15.71% | -13.21% | -2.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.31% | 4.18% | +1.13% |
Volatility
3119.HK vs. SEC0.DE - Volatility Comparison
Global X Asia Semiconductor ETF (3119.HK) has a higher volatility of 16.92% compared to iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) at 15.34%. This indicates that 3119.HK's price experiences larger fluctuations and is considered to be riskier than SEC0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 3119.HK | SEC0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.92% | 15.34% | +1.58% |
Volatility (6M)Calculated over the trailing 6-month period | 35.19% | 29.09% | +6.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.10% | 35.75% | +4.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.95% | 31.75% | -0.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.95% | 31.75% | -0.80% |
3119.HK vs. SEC0.DE - Expense Ratio Comparison
3119.HK has a 0.68% expense ratio, which is higher than SEC0.DE's 0.35% expense ratio.
Dividends
3119.HK vs. SEC0.DE - Dividend Comparison
Neither 3119.HK nor SEC0.DE has paid dividends to shareholders.
Frequently Asked Questions
3119.HK and SEC0.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SEC0.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SEC0.DE is cheaper with a 0.35% expense ratio, compared with 0.68% for 3119.HK.
3119.HK tracks FactSet Asia Semiconductor Index, while SEC0.DE tracks MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. They also come from different issuers: Global X and iShares. Their fees differ too: 0.68% for 3119.HK and 0.35% for SEC0.DE.
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