3993.HK vs. GOPIX

Last updated Jun 5, 2026

3993.HK (CMOC Group Ltd) is a stock, while GOPIX (abrdn China A Share Equity Fund) is China Equities fund managed by Aberdeen. At a 0.32 correlation, their price movements are largely independent.

Performance

3993.HK vs. GOPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in CMOC Group Ltd (3993.HK) and abrdn China A Share Equity Fund (GOPIX). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

3993.HK is traded in HKD, while GOPIX is traded in USD. To make them comparable, the GOPIX values have been converted to HKD using the latest available exchange rates.

Returns By Period

3993.HK

• 1D: -6.91%
• 1M: -1.94%
• YTD: -2.29%
• 6M: -1.06%
• 1Y: 196.15%
• 3Y*: 67.98%
• 5Y*: 32.73%
• 10Y*: 30.91%

GOPIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

3993.HK vs. GOPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
3993.HK CMOC Group Ltd	-2.29%	281.04%	25.95%	21.30%	-10.78%	-18.04%	54.47%	21.90%	-41.40%	170.01%
GOPIX abrdn China A Share Equity Fund	0.00%	25.88%	5.16%	-24.97%	-22.33%	-3.15%	56.23%	31.04%	-11.67%	36.10%

Correlation

The correlation between 3993.HK and GOPIX is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Aug 6, 2012	0.32

The correlation between 3993.HK and GOPIX shifts across timeframes, from 0.12 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.

Return for Risk

3993.HK vs. GOPIX — Risk / Return Rank

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

3993.HK

3993.HK Risk / Return Rank: 93
3993.HK Sharpe Ratio Rank: 96
3993.HK Sortino Ratio Rank: 93
3993.HK Omega Ratio Rank: 91
3993.HK Calmar Ratio Rank: 93
3993.HK Martin Ratio Rank: 93

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.

3993.HK vs. GOPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CMOC Group Ltd (3993.HK) and abrdn China A Share Equity Fund (GOPIX). 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.

	3993.HK	GOPIX	Difference
Sharpe ratio: Return per unit of total volatility	3.66	—	—
Sortino ratio: Return per unit of downside risk	3.72	—	—
Omega ratio: Gain probability vs. loss probability	1.46	—	—
Calmar ratio: Return relative to maximum drawdown	5.75	—	—
Martin ratio: Return relative to average drawdown	15.24	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	3993.HK	GOPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.66	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	—	—

Drawdowns

Drawdown Indicators

	3993.HK	GOPIX	Difference
Max Drawdown Largest peak-to-trough decline	-92.43%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-35.03%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-41.91%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-62.23%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-68.37%	—	—
Current Drawdown Current decline from peak	-24.14%	—	—
Average Drawdown Average peak-to-trough decline	-50.65%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	13.05%	—	—

Volatility

Volatility by Period

	3993.HK	GOPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.76%	—	—
Volatility (6M) Calculated over the trailing 6-month period	39.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	55.07%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.35%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.32%	—	—

Dividends

3993.HK vs. GOPIX - Dividend Comparison

3993.HK's dividend yield for the trailing twelve months is around 3.27%, more than GOPIX's 1.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
3993.HK CMOC Group Ltd	3.27%	1.44%	3.23%	2.20%	2.33%	0.97%	0.93%	3.74%	3.25%	0.79%	1.55%	5.25%
GOPIX abrdn China A Share Equity Fund	1.46%	1.46%	1.29%	0.79%	0.00%	5.22%	1.42%	4.45%	0.41%	1.24%	1.40%	2.03%

Frequently Asked Questions

Can I hold both 3993.HK and GOPIX in my portfolio?

3993.HK and GOPIX have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.