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WisdomTree China ex-State-Owned Enterprises Fund (CXSE) Sharpe Ratio: 0.77

ETF · Currency in USD · Last updated Jun 18, 2026

CXSE is a passive ETF by WisdomTree tracking the investment results of the WisdomTree China ex-State-Owned Enterprises Index. CXSE launched on Sep 19, 2012 and has a 0.32% expense ratio.

CXSE's Sharpe Ratio of 0.77 indicates that for each unit of volatility, it generates 0.77 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 18, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

CXSE Sharpe Ratio Rank

CXSE Sharpe Ratio Rank: 22.522
Below Average

CXSE ranks above 22.5% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

CXSE Sharpe Ratio Market Positioning

The chart shows CXSE's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.86 or lower
  • Yellow zone (middle 50%): 0.86 to 2.21
  • Green zone (top 25%): 2.21 or higher
  • Top 1%: 7.28+
  • Median: 1.63 — half of all investments score higher

How it compares to other similar ETFs

The table compares WisdomTree China ex-State-Owned Enterprises Fund's Sharpe Ratio with other ETFs in the China Equities category across multiple time periods, showing how CXSE's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 18, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
KCAIKraneShares China Alpha Index ETF3.95
CNXTVanEck Vectors ChinaAMC SME-ChiNext ETF3.64
NBCENeuberger Berman China Equity ETF3.31
MCHSMatthews China Discovery Active ETF3.19
KSTRKraneShares SSE STAR Market 50 Index ETF2.72
ASHSXtrackers Harvest CSI 500 China A-Shares Small Cap ETF2.63
KBAKraneShares Bosera MSCI China A Share ETF2.47
CHAUDirexion Daily CSI 300 China A Share Bull 2x Shares2.22
ASHRXtrackers Harvest CSI 300 China A-Shares Fund2.17
CNYAiShares MSCI China A ETF2.05
CXSEWisdomTree China ex-State-Owned Enterprises Fund0.77

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows CXSE's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when CXSE consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does CXSE fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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