3199.HK vs. 0517.HK

Last updated Jun 26, 2026

3199.HK (ICBC CSOP FTSE Chinese Government and Policy Bank Bond Index ETF) is Emerging Markets Bonds fund tracking the FTSE Chinese Government and Policy Bank Bond, while 0517.HK (COSCO SHIP INTL) is a stock. Over the past 10 years, 3199.HK returned 2.93%/yr vs 12.17%/yr for 0517.HK. At a 0.09 correlation, their price movements are largely independent.

Performance

3199.HK vs. 0517.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in ICBC CSOP FTSE Chinese Government and Policy Bank Bond Index ETF (3199.HK) and COSCO SHIP INTL (0517.HK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 3199.HK achieves a 5.60% return, which is significantly higher than 0517.HK's -9.27% return. Over the past 10 years, 3199.HK has underperformed 0517.HK with an annualized return of 2.93%, while 0517.HK has yielded a comparatively higher 12.17% annualized return.

3199.HK

• 1D: 0.00%
• 1M: -0.12%
• YTD: 5.60%
• 6M: 5.96%
• 1Y: 6.95%
• 3Y*: 5.89%
• 5Y*: 3.06%
• 10Y*: 2.93%

0517.HK

• 1D: 0.75%
• 1M: -9.85%
• YTD: -9.27%
• 6M: -11.42%
• 1Y: 5.32%
• 3Y*: 43.41%
• 5Y*: 28.76%
• 10Y*: 12.17%

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

3199.HK vs. 0517.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
3199.HK ICBC CSOP FTSE Chinese Government and Policy Bank Bond Index ETF	5.60%	5.50%	3.23%	2.29%	-6.15%	7.24%	10.68%	0.52%	0.60%	6.18%
0517.HK COSCO SHIP INTL	-9.27%	60.02%	55.78%	35.34%	16.04%	10.52%	24.20%	-18.54%	-6.03%	-11.72%

Correlation

The correlation between 3199.HK and 0517.HK is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.10
Correlation (All Time) Calculated using the full available price history since Feb 19, 2014	0.09

Return for Risk

3199.HK vs. 0517.HK — Risk / Return Rank

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

3199.HK

3199.HK Risk / Return Rank: 61
3199.HK Sharpe Ratio Rank: 48
3199.HK Sortino Ratio Rank: 52
3199.HK Omega Ratio Rank: 49
3199.HK Calmar Ratio Rank: 88
3199.HK Martin Ratio Rank: 68

0517.HK

0517.HK Risk / Return Rank: 47
0517.HK Sharpe Ratio Rank: 50
0517.HK Sortino Ratio Rank: 45
0517.HK Omega Ratio Rank: 44
0517.HK Calmar Ratio Rank: 48
0517.HK Martin Ratio Rank: 50

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.

3199.HK vs. 0517.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ICBC CSOP FTSE Chinese Government and Policy Bank Bond Index ETF (3199.HK) and COSCO SHIP INTL (0517.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.

	3199.HK	0517.HK	Difference
Sharpe ratio: Return per unit of total volatility	1.48	0.19	+1.29
Sortino ratio: Return per unit of downside risk	2.26	0.49	+1.76
Omega ratio: Gain probability vs. loss probability	1.28	1.06	+0.22
Calmar ratio: Return relative to maximum drawdown	4.51	0.19	+4.32
Martin ratio: Return relative to average drawdown	10.94	0.51	+10.43

3199.HK vs. 0517.HK - Sharpe Ratio Comparison

The current 3199.HK Sharpe Ratio is 1.48, which is higher than the 0517.HK Sharpe Ratio of 0.19. The chart below compares the historical Sharpe Ratios of 3199.HK and 0517.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

3199.HK vs. 0517.HK - Drawdown Comparison

The maximum 3199.HK drawdown since its inception was -13.70%, smaller than the maximum 0517.HK drawdown of -91.44%. Use the drawdown chart below to compare losses from any high point for 3199.HK and 0517.HK.

Drawdown Indicators

	3199.HK	0517.HK	Difference
Max Drawdown Largest peak-to-trough decline	-13.70%	-91.44%	+77.74%
Max Drawdown (1Y) Largest decline over 1 year	-1.60%	-29.40%	+27.80%
Max Drawdown (3Y) Largest decline over 3 years	-3.84%	-29.40%	+25.56%
Max Drawdown (5Y) Largest decline over 5 years	-11.05%	-29.40%	+18.35%
Max Drawdown (10Y) Largest decline over 10 years	-13.70%	-47.14%	+33.44%
Current Drawdown Current decline from peak	-0.78%	-28.46%	+27.68%
Average Drawdown Average peak-to-trough decline	-3.39%	-53.62%	+50.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.65%	10.62%	-9.97%

Volatility

3199.HK vs. 0517.HK - Volatility Comparison

The current volatility for ICBC CSOP FTSE Chinese Government and Policy Bank Bond Index ETF (3199.HK) is 1.35%, while COSCO SHIP INTL (0517.HK) has a volatility of 7.58%. This indicates that 3199.HK experiences smaller price fluctuations and is considered to be less risky than 0517.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	3199.HK	0517.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.35%	7.58%	-6.23%
Volatility (6M) Calculated over the trailing 6-month period	3.75%	22.33%	-18.58%
Volatility (1Y) Calculated over the trailing 1-year period	4.87%	28.56%	-23.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.39%	26.37%	-20.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.57%	24.24%	-17.67%

Dividends

3199.HK vs. 0517.HK - Dividend Comparison

3199.HK's dividend yield for the trailing twelve months is around 3.33%, less than 0517.HK's 11.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0517.HK COSCO SHIP INTL	11.61%	8.80%	10.33%	11.18%	7.94%	10.71%	6.75%	7.80%	6.32%	3.63%	3.66%	4.14%
3199.HK ICBC CSOP FTSE Chinese Government and Policy Bank Bond Index ETF	3.33%	3.34%	3.42%	3.51%	3.65%	3.40%	3.29%	3.57%	3.61%	3.39%	3.55%	3.68%

Frequently Asked Questions

Can I hold both 3199.HK and 0517.HK in my portfolio?

3199.HK and 0517.HK have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.