3119.HK vs. XAIX

Last updated Jun 26, 2026

3119.HK (Global X Asia Semiconductor ETF) and XAIX (Xtrackers Artificial Intelligence and Big Data ETF) are both exchange-traded funds - 3119.HK is a Semiconductors fund tracking the FactSet Asia Semiconductor Index, while XAIX is a Technology Equities fund tracking the Nasdaq Global Artificial Intelligence and Big Data Index. Both are passively managed. Over the past year, 3119.HK returned 197.07% vs 52.16% for XAIX. At a 0.18 correlation, their price movements are largely independent. 3119.HK charges 0.68%/yr vs 0.35%/yr for XAIX.

Performance

3119.HK vs. XAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Global X Asia Semiconductor ETF (3119.HK) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

3119.HK is traded in HKD, while XAIX is traded in USD. To make them comparable, the XAIX 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 XAIX's 34.14% return.

3119.HK

• 1D: 1.35%
• 1M: 11.77%
• YTD: 110.95%
• 6M: 119.99%
• 1Y: 197.07%
• 3Y*: 61.17%
• 5Y*: —
• 10Y*: —

XAIX

• 1D: 2.25%
• 1M: 1.67%
• YTD: 34.14%
• 6M: 33.46%
• 1Y: 52.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

3119.HK vs. XAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
3119.HK Global X Asia Semiconductor ETF	110.95%	65.86%	-2.17%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	34.14%	29.30%	14.63%

Correlation

The correlation between 3119.HK and XAIX is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (All Time) Calculated using the full available price history since Aug 2, 2024	0.18

Return for Risk

3119.HK vs. XAIX — Risk / Return Rank

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

3119.HK

3119.HK Risk / Return Rank: 97
3119.HK Sharpe Ratio Rank: 98
3119.HK Sortino Ratio Rank: 96
3119.HK Omega Ratio Rank: 96
3119.HK Calmar Ratio Rank: 97
3119.HK Martin Ratio Rank: 97

XAIX

XAIX Risk / Return Rank: 76
XAIX Sharpe Ratio Rank: 79
XAIX Sortino Ratio Rank: 71
XAIX Omega Ratio Rank: 75
XAIX Calmar Ratio Rank: 81
XAIX Martin Ratio Rank: 76

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.

3119.HK vs. XAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Asia Semiconductor ETF (3119.HK) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX). 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	XAIX	Difference
Sharpe ratio: Return per unit of total volatility	5.28	2.18	+3.11
Sortino ratio: Return per unit of downside risk	5.00	2.76	+2.24
Omega ratio: Gain probability vs. loss probability	1.71	1.38	+0.33
Calmar ratio: Return relative to maximum drawdown	9.93	3.85	+6.09
Martin ratio: Return relative to average drawdown	39.21	12.72	+26.49

3119.HK vs. XAIX - Sharpe Ratio Comparison

The current 3119.HK Sharpe Ratio is 5.28, which is higher than the XAIX Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of 3119.HK and XAIX, 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

3119.HK vs. XAIX - Drawdown Comparison

The maximum 3119.HK drawdown since its inception was -45.34%, which is greater than XAIX's maximum drawdown of -24.00%. Use the drawdown chart below to compare losses from any high point for 3119.HK and XAIX.

Drawdown Indicators

	3119.HK	XAIX	Difference
Max Drawdown Largest peak-to-trough decline	-45.34%	-24.00%	-21.34%
Max Drawdown (1Y) Largest decline over 1 year	-21.26%	-13.63%	-7.63%
Max Drawdown (3Y) Largest decline over 3 years	-24.59%	—	—
Current Drawdown Current decline from peak	-4.76%	-6.21%	+1.45%
Average Drawdown Average peak-to-trough decline	-15.71%	-3.55%	-12.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.31%	4.11%	+1.20%

Volatility

3119.HK vs. XAIX - Volatility Comparison

Global X Asia Semiconductor ETF (3119.HK) has a higher volatility of 16.92% compared to Xtrackers Artificial Intelligence and Big Data ETF (XAIX) at 13.97%. This indicates that 3119.HK's price experiences larger fluctuations and is considered to be riskier than XAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	3119.HK	XAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.92%	13.97%	+2.95%
Volatility (6M) Calculated over the trailing 6-month period	35.19%	21.27%	+13.92%
Volatility (1Y) Calculated over the trailing 1-year period	40.10%	24.08%	+16.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.95%	24.73%	+6.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.95%	24.73%	+6.22%

3119.HK vs. XAIX - Expense Ratio Comparison

3119.HK has a 0.68% expense ratio, which is higher than XAIX's 0.35% expense ratio.

Dividends

3119.HK vs. XAIX - Dividend Comparison

3119.HK has not paid dividends to shareholders, while XAIX's dividend yield for the trailing twelve months is around 0.39%.

Position	TTM	2025	2024
3119.HK Global X Asia Semiconductor ETF	0.00%	0.00%	0.00%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	0.39%	0.54%	0.08%

Frequently Asked Questions

Can I hold both 3119.HK and XAIX in my portfolio?

3119.HK and XAIX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 3119.HK or XAIX?

On fees, XAIX is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 3119.HK or XAIX?

XAIX is cheaper with a 0.35% expense ratio, compared with 0.68% for 3119.HK.

What is the main difference between 3119.HK and XAIX?

3119.HK is categorized as Semiconductors, while XAIX is Technology Equities. 3119.HK tracks FactSet Asia Semiconductor Index, while XAIX tracks Nasdaq Global Artificial Intelligence and Big Data Index. They also come from different issuers: Global X and Xtrackers. Their fees differ too: 0.68% for 3119.HK and 0.35% for XAIX.