GOPIX vs. ACEYX

Last updated Jun 4, 2026

GOPIX (abrdn China A Share Equity Fund) and ACEYX (AB All China Equity Portfolio) are both China Equities funds. Their correlation of 0.80 suggests significant overlap in exposure. GOPIX charges 0.99%/yr vs 1.25%/yr for ACEYX.

Performance

GOPIX vs. ACEYX - Performance Comparison

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

Returns By Period

GOPIX

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

ACEYX

• 1D: 2.30%
• 1M: 0.39%
• YTD: 0.89%
• 6M: 2.54%
• 1Y: 23.19%
• 3Y*: 13.77%
• 5Y*: -2.67%
• 10Y*: —

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

GOPIX vs. ACEYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
GOPIX abrdn China A Share Equity Fund	0.00%	25.89%	5.70%	-24.96%	-22.46%	-3.67%	56.93%	31.74%	-14.25%
ACEYX AB All China Equity Portfolio	0.89%	33.91%	17.44%	-10.96%	-26.65%	-14.65%	25.38%	37.67%	-21.60%

Correlation

The correlation between GOPIX and ACEYX is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (All Time) Calculated using the full available price history since Jul 26, 2018	0.80

Over the past year, the correlation between GOPIX and ACEYX has dropped to 0.43 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.

Return for Risk

GOPIX vs. ACEYX — Risk / Return Rank

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

ACEYX

ACEYX Risk / Return Rank: 20
ACEYX Sharpe Ratio Rank: 22
ACEYX Sortino Ratio Rank: 20
ACEYX Omega Ratio Rank: 21
ACEYX Calmar Ratio Rank: 23
ACEYX Martin Ratio Rank: 17

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.

GOPIX vs. ACEYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn China A Share Equity Fund (GOPIX) and AB All China Equity Portfolio (ACEYX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GOPIX	ACEYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.35	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.10	—

Drawdowns

Drawdown Indicators

	GOPIX	ACEYX	Difference
Max Drawdown Largest peak-to-trough decline	—	-57.58%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-14.14%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.83%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-51.02%	—
Current Drawdown Current decline from peak	—	-25.16%	—
Average Drawdown Average peak-to-trough decline	—	-27.76%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.41%	—

Volatility

Volatility by Period

	GOPIX	ACEYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.54%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	18.47%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	23.33%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	23.58%	—

GOPIX vs. ACEYX - Expense Ratio Comparison

GOPIX has a 0.99% expense ratio, which is lower than ACEYX's 1.25% expense ratio.

Dividends

GOPIX vs. ACEYX - Dividend Comparison

GOPIX's dividend yield for the trailing twelve months is around 1.46%, less than ACEYX's 4.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACEYX AB All China Equity Portfolio	4.92%	4.97%	3.75%	2.17%	1.39%	1.81%	0.43%	1.13%	0.00%	0.00%	0.00%	0.00%
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 GOPIX and ACEYX in my portfolio?

GOPIX and ACEYX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.