36BZ.DE vs. LHKG.DE
36BZ.DE (iShares MSCI China A UCITS ETF) and LHKG.DE (Lyxor MSCI China ESG Leaders Extra UCITS ETF Dist) are both China Equities funds - 36BZ.DE tracks the MSCI China A Inclusion while LHKG.DE tracks the MSCI China Select ESG Rating and Trend Leaders. Both are passively managed. Over the past 10 years, 36BZ.DE returned 5.98%/yr vs 2.55%/yr for LHKG.DE. A 0.67 correlation means they provide meaningful diversification when combined. 36BZ.DE charges 0.40%/yr vs 0.65%/yr for LHKG.DE.
Performance
36BZ.DE vs. LHKG.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, 36BZ.DE achieves a 9.71% return, which is significantly higher than LHKG.DE's -6.38% return. Over the past 10 years, 36BZ.DE has outperformed LHKG.DE with an annualized return of 5.98%, while LHKG.DE has yielded a comparatively lower 2.55% annualized return.
36BZ.DE
- 1D
- -0.75%
- 1M
- 0.35%
- YTD
- 9.71%
- 6M
- 11.84%
- 1Y
- 33.04%
- 3Y*
- 8.44%
- 5Y*
- -0.23%
- 10Y*
- 5.98%
LHKG.DE
- 1D
- -0.30%
- 1M
- -2.25%
- YTD
- -6.38%
- 6M
- -8.89%
- 1Y
- 2.88%
- 3Y*
- 6.17%
- 5Y*
- -2.20%
- 10Y*
- 2.55%
36BZ.DE vs. LHKG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
36BZ.DE iShares MSCI China A UCITS ETF | 9.71% | 10.25% | 19.91% | -17.13% | -21.26% | 13.41% | 28.50% | 37.21% | -23.49% | 14.90% |
LHKG.DE Lyxor MSCI China ESG Leaders Extra UCITS ETF Dist | -6.38% | 21.50% | 20.37% | -17.49% | -7.90% | -6.59% | -10.39% | 16.35% | -8.73% | 22.42% |
Correlation
The correlation between 36BZ.DE and LHKG.DE is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2015 | 0.67 |
The correlation between 36BZ.DE and LHKG.DE has been stable across timeframes, ranging from 0.65 to 0.69 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
36BZ.DE vs. LHKG.DE — Risk / Return Rank
36BZ.DE
LHKG.DE
36BZ.DE vs. LHKG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China A UCITS ETF (36BZ.DE) and Lyxor MSCI China ESG Leaders Extra UCITS ETF Dist (LHKG.DE). 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.
| 36BZ.DE | LHKG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.94 | ||
| Sortino ratioReturn per unit of downside risk | +2.51 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.05 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 5.10 | 0.20 | +4.90 |
| Martin ratioReturn relative to average drawdown | 13.77 | 0.38 | +13.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| 36BZ.DE | LHKG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.11 | 0.18 | +1.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | -0.09 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.27 | 0.11 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.03 | 0.12 | -0.10 |
Drawdowns
36BZ.DE vs. LHKG.DE - Drawdown Comparison
The maximum 36BZ.DE drawdown since its inception was -53.30%, smaller than the maximum LHKG.DE drawdown of -58.71%. Use the drawdown chart below to compare losses from any high point for 36BZ.DE and LHKG.DE.
Loading charts...
Drawdown Indicators
| 36BZ.DE | LHKG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.30% | -58.71% | +5.41% |
Max Drawdown (1Y)Largest decline over 1 year | -6.57% | -17.64% | +11.07% |
Max Drawdown (3Y)Largest decline over 3 years | -28.01% | -26.41% | -1.60% |
Max Drawdown (5Y)Largest decline over 5 years | -41.94% | -43.07% | +1.13% |
Max Drawdown (10Y)Largest decline over 10 years | -43.38% | -45.11% | +1.73% |
Current DrawdownCurrent decline from peak | -10.22% | -16.18% | +5.96% |
Average DrawdownAverage peak-to-trough decline | -30.19% | -19.83% | -10.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 9.15% | -6.71% |
Volatility
36BZ.DE vs. LHKG.DE - Volatility Comparison
The current volatility for iShares MSCI China A UCITS ETF (36BZ.DE) is 5.55%, while Lyxor MSCI China ESG Leaders Extra UCITS ETF Dist (LHKG.DE) has a volatility of 8.31%. This indicates that 36BZ.DE experiences smaller price fluctuations and is considered to be less risky than LHKG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 36BZ.DE | LHKG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.55% | 8.31% | -2.76% |
Volatility (6M)Calculated over the trailing 6-month period | 10.96% | 14.08% | -3.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.83% | 19.89% | -4.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.44% | 24.93% | -3.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.10% | 22.47% | -0.37% |
36BZ.DE vs. LHKG.DE - Expense Ratio Comparison
36BZ.DE has a 0.40% expense ratio, which is lower than LHKG.DE's 0.65% expense ratio.
Dividends
36BZ.DE vs. LHKG.DE - Dividend Comparison
36BZ.DE has not paid dividends to shareholders, while LHKG.DE's dividend yield for the trailing twelve months is around 1.61%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
LHKG.DE Lyxor MSCI China ESG Leaders Extra UCITS ETF Dist | 1.61% | 1.50% | 2.18% | 0.17% | 3.78% | 1.35% | 2.46% | 2.58% | 3.04% | 2.30% | 3.38% | 3.88% |
Frequently Asked Questions
36BZ.DE and LHKG.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 36BZ.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
36BZ.DE is cheaper with a 0.40% expense ratio, compared with 0.65% for LHKG.DE.
36BZ.DE tracks MSCI China A Inclusion, while LHKG.DE tracks MSCI China Select ESG Rating and Trend Leaders. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.40% for 36BZ.DE and 0.65% for LHKG.DE.
Find the right allocation for 36BZ.DE and LHKG.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer