3190.HK vs. 3070.HK

Last updated Apr 2, 2026

Compare and contrast key facts about Fubon Shanghai-Shenzhen-Hong Kong High Dividend Yield ETF (3190.HK) and Ping An of China CSI HK Dividend ETF (3070.HK).

3190.HK and 3070.HK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 3190.HK is a passively managed fund by Fubon that tracks the performance of the Hang Seng Shanghai-Shenzhen-Hong Kong (Selected Corporations) High Dividend Yield Index. It was launched on Aug 25, 2025. 3070.HK is a passively managed fund by Ping An of China Trust that tracks the performance of the CSI Hong Kong Dividend Index. It was launched on Feb 10, 2012. Both 3190.HK and 3070.HK are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

3190.HK vs. 3070.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Fubon Shanghai-Shenzhen-Hong Kong High Dividend Yield ETF (3190.HK) and Ping An of China CSI HK Dividend ETF (3070.HK). The values are adjusted to include any dividend payments, if applicable.

3190.HK vs. 3070.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
3190.HK Fubon Shanghai-Shenzhen-Hong Kong High Dividend Yield ETF	8.73%	39.96%	34.75%	12.15%	-1.45%
3070.HK Ping An of China CSI HK Dividend ETF	10.62%	25.91%	36.16%	12.21%	-3.07%

Returns By Period

In the year-to-date period, 3190.HK achieves a 8.73% return, which is significantly lower than 3070.HK's 10.62% return.

3190.HK

• 1D: 0.92%
• 1M: -2.28%
• YTD: 8.73%
• 6M: 17.57%
• 1Y: 39.03%
• 3Y*: 27.29%
• 5Y*: —
• 10Y*: —

3070.HK

• 1D: 0.87%
• 1M: 2.43%
• YTD: 10.62%
• 6M: 17.42%
• 1Y: 30.04%
• 3Y*: 24.57%
• 5Y*: 15.40%
• 10Y*: 12.93%

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

3190.HK vs. 3070.HK - Expense Ratio Comparison

3190.HK has a 0.60% expense ratio, which is lower than 3070.HK's 0.77% expense ratio.

3070.HK

Ping An of China CSI HK Dividend ETF

3190.HK

Fubon Shanghai-Shenzhen-Hong Kong High Dividend Yield ETF

Return for Risk

3190.HK vs. 3070.HK — Risk / Return Rank

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

3190.HK

3190.HK Risk / Return Rank: 91
3190.HK Sharpe Ratio Rank: 93
3190.HK Sortino Ratio Rank: 89
3190.HK Omega Ratio Rank: 94
3190.HK Calmar Ratio Rank: 92
3190.HK Martin Ratio Rank: 91

3070.HK

3070.HK Risk / Return Rank: 78
3070.HK Sharpe Ratio Rank: 81
3070.HK Sortino Ratio Rank: 73
3070.HK Omega Ratio Rank: 81
3070.HK Calmar Ratio Rank: 79
3070.HK Martin Ratio Rank: 73

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.

3190.HK vs. 3070.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fubon Shanghai-Shenzhen-Hong Kong High Dividend Yield ETF (3190.HK) and Ping An of China CSI HK Dividend ETF (3070.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.

	3190.HK	3070.HK	Difference
Sharpe ratio Return per unit of total volatility	2.24	1.66	+0.58
Sortino ratio Return per unit of downside risk	2.57	1.96	+0.61
Omega ratio Gain probability vs. loss probability	1.45	1.33	+0.12
Calmar ratio Return relative to maximum drawdown	3.53	2.63	+0.91
Martin ratio Return relative to average drawdown	13.15	8.84	+4.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

3190.HK vs. 3070.HK - Sharpe Ratio Comparison

The current 3190.HK Sharpe Ratio is 2.24, which is higher than the 3070.HK Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of 3190.HK and 3070.HK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	3190.HK	3070.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.24	1.66	+0.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.83	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	0.67	+0.66

Correlation

The correlation between 3190.HK and 3070.HK is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

3190.HK vs. 3070.HK - Dividend Comparison

3190.HK's dividend yield for the trailing twelve months is around 5.98%, more than 3070.HK's 4.66% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
3190.HK Fubon Shanghai-Shenzhen-Hong Kong High Dividend Yield ETF	5.98%	6.12%	6.82%	8.53%	3.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
3070.HK Ping An of China CSI HK Dividend ETF	4.66%	4.79%	3.93%	6.93%	8.04%	6.05%	4.20%	4.33%	4.86%	2.45%	6.13%	3.33%

Drawdowns

3190.HK vs. 3070.HK - Drawdown Comparison

The maximum 3190.HK drawdown since its inception was -17.31%, smaller than the maximum 3070.HK drawdown of -33.58%. Use the drawdown chart below to compare losses from any high point for 3190.HK and 3070.HK.

Drawdown Indicators

	3190.HK	3070.HK	Difference
Max Drawdown Largest peak-to-trough decline	-17.31%	-33.58%	+16.27%
Max Drawdown (1Y) Largest decline over 1 year	-10.87%	-10.80%	-0.07%
Max Drawdown (5Y) Largest decline over 5 years	—	-23.26%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.58%	—
Current Drawdown Current decline from peak	-3.39%	-0.02%	-3.37%
Average Drawdown Average peak-to-trough decline	-5.40%	-10.33%	+4.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.92%	3.56%	-0.64%

Volatility

3190.HK vs. 3070.HK - Volatility Comparison

Fubon Shanghai-Shenzhen-Hong Kong High Dividend Yield ETF (3190.HK) has a higher volatility of 4.49% compared to Ping An of China CSI HK Dividend ETF (3070.HK) at 3.32%. This indicates that 3190.HK's price experiences larger fluctuations and is considered to be riskier than 3070.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	3190.HK	3070.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.49%	3.32%	+1.17%
Volatility (6M) Calculated over the trailing 6-month period	11.49%	11.15%	+0.34%
Volatility (1Y) Calculated over the trailing 1-year period	17.94%	18.63%	-0.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.98%	19.30%	-0.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.98%	20.58%	-1.60%