AFTY vs. CN

Last updated Jun 4, 2026

AFTY (Pacer CSOP FTSE China A50 ETF) and CN (Xtrackers MSCI All China Equity ETF) are both China Equities funds - AFTY tracks the FTSE China A 50 while CN tracks the MSCI China All Shares. Both are passively managed. A 0.78 correlation means they provide meaningful diversification when combined. AFTY charges 0.70%/yr vs 0.50%/yr for CN.

Performance

AFTY vs. CN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer CSOP FTSE China A50 ETF (AFTY) and Xtrackers MSCI All China Equity ETF (CN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AFTY

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

CN

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

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

AFTY vs. CN - Yearly Performance Comparison

	2024 (YTD)	2023	2022	2021	2020	2019	2018	2017	2016	2015
AFTY Pacer CSOP FTSE China A50 ETF	20.48%	-12.80%	-22.47%	-7.37%	33.77%	44.23%	-24.26%	45.15%	-7.94%	-5.79%
CN Xtrackers MSCI All China Equity ETF	-3.10%	-11.87%	-23.85%	-12.74%	31.55%	26.79%	-22.41%	43.69%	-5.78%	0.82%

Correlation

The correlation between AFTY and CN is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (All Time) Calculated using the full available price history since Mar 13, 2015	0.78

Over the past year, the correlation between AFTY and CN has dropped to 0.50 - well below their long-term average of 0.78, suggesting their price drivers have been diverging.

AFTY vs. CN - Sectors Allocation Comparison

Sectors	AFTY	CN
Financial Services	50.4%	55.1%
Basic Materials	15.5%	0.6%
Energy	11.5%	0.9%
Technology	7.4%	0.3%
Consumer Defensive	6.1%	0.3%
Industrials	4.7%	1.0%
Utilities	4.4%	0.2%
Communication Services	-	0.4%
Consumer Cyclical	-	5.4%
Healthcare	-	0.8%
Real Estate	-	0.8%

Return for Risk

AFTY vs. CN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer CSOP FTSE China A50 ETF (AFTY) and Xtrackers MSCI All China Equity ETF (CN). 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.

Drawdowns

Volatility

AFTY vs. CN - Expense Ratio Comparison

AFTY has a 0.70% expense ratio, which is higher than CN's 0.50% expense ratio.

Dividends

AFTY vs. CN - Dividend Comparison

Neither AFTY nor CN has paid dividends to shareholders.

Position	TTM	2023	2022	2021	2020	2019	2018	2017	2016	2015
AFTY Pacer CSOP FTSE China A50 ETF	0.00%	2.23%	2.08%	1.84%	1.48%	7.96%	1.85%	6.62%	1.19%	16.76%
CN Xtrackers MSCI All China Equity ETF	0.00%	4.04%	1.80%	2.00%	0.78%	4.18%	2.09%	0.81%	11.41%	14.00%

Frequently Asked Questions

Can I hold both AFTY and CN in my portfolio?

AFTY and CN have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AFTY or CN?

On fees, CN is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AFTY or CN?

CN is cheaper with a 0.50% expense ratio, compared with 0.70% for AFTY.

Which ETF pays a higher dividend yield, AFTY or CN?

AFTY and CN have nearly identical dividend yields, around 0.00%.

What is the main difference between AFTY and CN?

AFTY tracks FTSE China A 50, while CN tracks MSCI China All Shares. They also come from different issuers: Pacer and Deutsche Bank. Their fees differ too: 0.70% for AFTY and 0.50% for CN.