36BZ.DE vs. CXSE
Compare and contrast key facts about iShares MSCI China A UCITS ETF (36BZ.DE) and WisdomTree China ex-State-Owned Enterprises Fund (CXSE).
36BZ.DE and CXSE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 36BZ.DE is a passively managed fund by iShares that tracks the performance of the MSCI China A Inclusion. It was launched on Apr 8, 2015. CXSE is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree China ex-State-Owned Enterprises Index. It was launched on Sep 19, 2012. Both 36BZ.DE and CXSE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 36BZ.DE or CXSE.
Key characteristics
| 36BZ.DE | CXSE | |
|---|---|---|
| YTD Return | 20.44% | 12.01% |
| 1Y Return | 13.67% | 4.23% |
| 3Y Return (Ann) | -6.96% | -16.80% |
| 5Y Return (Ann) | 3.53% | -3.04% |
| Sharpe Ratio | 0.53 | 0.17 |
| Sortino Ratio | 1.02 | 0.51 |
| Omega Ratio | 1.14 | 1.06 |
| Calmar Ratio | 0.33 | 0.08 |
| Martin Ratio | 1.75 | 0.46 |
| Ulcer Index | 8.32% | 12.37% |
| Daily Std Dev | 27.08% | 33.38% |
| Max Drawdown | -53.30% | -70.01% |
| Current Drawdown | -25.45% | -59.71% |
Correlation
The correlation between 36BZ.DE and CXSE is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
36BZ.DE vs. CXSE - Performance Comparison
In the year-to-date period, 36BZ.DE achieves a 20.44% return, which is significantly higher than CXSE's 12.01% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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36BZ.DE vs. CXSE - Expense Ratio Comparison
36BZ.DE has a 0.40% expense ratio, which is higher than CXSE's 0.32% expense ratio.
Risk-Adjusted Performance
36BZ.DE vs. CXSE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China A UCITS ETF (36BZ.DE) and WisdomTree China ex-State-Owned Enterprises Fund (CXSE). 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.
Dividends
36BZ.DE vs. CXSE - Dividend Comparison
36BZ.DE has not paid dividends to shareholders, while CXSE's dividend yield for the trailing twelve months is around 1.76%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
36BZ.DE iShares MSCI China A UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CXSE WisdomTree China ex-State-Owned Enterprises Fund | 1.76% | 1.71% | 1.55% | 0.86% | 0.54% | 0.96% | 1.49% | 1.24% | 1.39% | 1.02% | 2.29% | 2.75% |
Drawdowns
36BZ.DE vs. CXSE - Drawdown Comparison
The maximum 36BZ.DE drawdown since its inception was -53.30%, smaller than the maximum CXSE drawdown of -70.01%. Use the drawdown chart below to compare losses from any high point for 36BZ.DE and CXSE. For additional features, visit the drawdowns tool.
Volatility
36BZ.DE vs. CXSE - Volatility Comparison
iShares MSCI China A UCITS ETF (36BZ.DE) and WisdomTree China ex-State-Owned Enterprises Fund (CXSE) have volatilities of 12.02% and 12.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.