3145.HK vs. 3191.HK

Last updated Jul 22, 2026

3145.HK (ChinaAMC Asia High Dividend ETF) and 3191.HK (Global X China Semiconductor ETF) are both exchange-traded funds - 3145.HK is a Asia Pacific Equities fund tracking the Bloomberg APAC High Dividend 40 Net Return Index, while 3191.HK is a China Equities fund tracking the Factset China Semiconductor Index. Both are passively managed. Over the past 5 years, 3145.HK returned 10.02%/yr vs 7.55%/yr for 3191.HK. At a 0.28 correlation, their price movements are largely independent. 3145.HK charges 0.45%/yr vs 0.68%/yr for 3191.HK.

Performance

3145.HK vs. 3191.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in ChinaAMC Asia High Dividend ETF (3145.HK) and Global X China Semiconductor ETF (3191.HK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 3145.HK achieves a 12.74% return, which is significantly lower than 3191.HK's 71.39% return.

3145.HK

• 1D: 0.62%
• 1M: 3.18%
• 6M: 6.54%
• YTD: 12.74%
• 1Y: 20.20%
• 3Y*: 18.94%
• 5Y*: 10.02%
• 10Y*: 10.34%
• ALL TIME*: 8.39%

3191.HK

• 1D: 11.82%
• 1M: -4.07%
• 6M: 47.98%
• YTD: 71.39%
• 1Y: 141.11%
• 3Y*: 36.31%
• 5Y*: 7.55%
• 10Y*: —
• ALL TIME*: 12.24%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
3145.HK ChinaAMC Asia High Dividend ETF	HK$14.01M	HK$20.09M	HK$17.30M

3145.HK vs. 3191.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
3145.HK ChinaAMC Asia High Dividend ETF	12.74%	22.59%	17.17%	11.62%	-11.17%	6.94%	13.18%
3191.HK Global X China Semiconductor ETF	71.39%	41.08%	11.15%	-6.56%	-39.25%	19.31%	9.26%

Correlation

The correlation between 3145.HK and 3191.HK is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (All Time) Calculated using the full available price history since Aug 6, 2020	0.28

Return for Risk

3145.HK vs. 3191.HK — Risk / Return Rank

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

3145.HK

3145.HK Risk / Return Rank: 50
3145.HK Sharpe Ratio Rank: 55
3145.HK Sortino Ratio Rank: 52
3145.HK Omega Ratio Rank: 53
3145.HK Calmar Ratio Rank: 47
3145.HK Martin Ratio Rank: 44

3191.HK

3191.HK Risk / Return Rank: 92
3191.HK Sharpe Ratio Rank: 95
3191.HK Sortino Ratio Rank: 90
3191.HK Omega Ratio Rank: 89
3191.HK Calmar Ratio Rank: 94
3191.HK Martin Ratio Rank: 90

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.

3145.HK vs. 3191.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ChinaAMC Asia High Dividend ETF (3145.HK) and Global X China Semiconductor ETF (3191.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.

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.

	3145.HK	3191.HK	Difference
Sharpe ratio: Return per unit of total volatility	1.44	2.97	-1.53
Sortino ratio: Return per unit of downside risk	1.97	3.24	-1.27
Omega ratio: Gain probability vs. loss probability	1.25	1.43	-0.18
Calmar ratio: Return relative to maximum drawdown	1.84	5.23	-3.39
Martin ratio: Return relative to average drawdown	5.31	15.46	-10.14

3145.HK vs. 3191.HK - Sharpe Ratio Comparison

The current 3145.HK Sharpe Ratio is 1.44, which is lower than the 3191.HK Sharpe Ratio of 2.97. The chart below compares the historical Sharpe Ratios of 3145.HK and 3191.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.

Drawdowns

3145.HK vs. 3191.HK - Drawdown Comparison

The maximum 3145.HK drawdown since its inception was -34.05%, smaller than the maximum 3191.HK drawdown of -63.76%. Use the drawdown chart below to compare losses from any high point for 3145.HK and 3191.HK.

Drawdown Indicators

	3145.HK	3191.HK	Difference
Max Drawdown Largest peak-to-trough decline	-34.05%	-63.76%	+29.71%
Max Drawdown (1Y) Largest decline over 1 year	-11.45%	-27.98%	+16.53%
Max Drawdown (3Y) Largest decline over 3 years	-18.46%	-40.94%	+22.48%
Max Drawdown (5Y) Largest decline over 5 years	-28.22%	-63.76%	+35.54%
Max Drawdown (10Y) Largest decline over 10 years	-34.05%	—	—
Current Drawdown Current decline from peak	-4.21%	-19.47%	+15.26%
Average Drawdown Average peak-to-trough decline	-8.03%	-33.28%	+25.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.92%	9.35%	-5.43%

Volatility

3145.HK vs. 3191.HK - Volatility Comparison

The current volatility for ChinaAMC Asia High Dividend ETF (3145.HK) is 4.79%, while Global X China Semiconductor ETF (3191.HK) has a volatility of 28.26%. This indicates that 3145.HK experiences smaller price fluctuations and is considered to be less risky than 3191.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	3145.HK	3191.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.79%	28.26%	-23.47%
Volatility (6M) Calculated over the trailing 6-month period	11.72%	41.50%	-29.78%
Volatility (1Y) Calculated over the trailing 1-year period	14.59%	49.32%	-34.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.42%	41.82%	-26.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.53%	41.22%	-25.69%

3145.HK vs. 3191.HK - Expense Ratio Comparison

3145.HK has a 0.45% expense ratio, which is lower than 3191.HK's 0.68% expense ratio.

Dividends

3145.HK vs. 3191.HK - Dividend Comparison

3145.HK's dividend yield for the trailing twelve months is around 7.79%, while 3191.HK has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
3145.HK ChinaAMC Asia High Dividend ETF	7.79%	3.82%	2.51%	2.87%	3.00%	2.68%	2.79%	2.22%	2.82%	2.00%	2.94%	0.71%
3191.HK Global X China Semiconductor 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

Can I hold both 3145.HK and 3191.HK in my portfolio?

3145.HK and 3191.HK have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 3145.HK or 3191.HK?

On fees, 3145.HK is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 3145.HK or 3191.HK?

3145.HK is cheaper with a 0.45% expense ratio, compared with 0.68% for 3191.HK.

What is the main difference between 3145.HK and 3191.HK?

3145.HK is categorized as Asia Pacific Equities, while 3191.HK is China Equities. 3145.HK tracks Bloomberg APAC High Dividend 40 Net Return Index, while 3191.HK tracks Factset China Semiconductor Index. They also come from different issuers: ChinaAMC and Global X. Their fees differ too: 0.45% for 3145.HK and 0.68% for 3191.HK.