AH50.DE vs. CNIE.DE
AH50.DE (Xtrackers Harvest FTSE China A-H 50 UCITS ETF 1D) and CNIE.DE (VanEck New China ESG UCITS ETF A) are both China Equities funds - AH50.DE tracks the MSCI China NR USD while CNIE.DE tracks the MarketGrader New China ESG. Both are passively managed. Over the past 3 years, AH50.DE returned 12.81%/yr vs -0.19%/yr for CNIE.DE. A 0.77 correlation means they provide meaningful diversification when combined. AH50.DE charges 0.65%/yr vs 0.60%/yr for CNIE.DE.
Performance
AH50.DE vs. CNIE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AH50.DE achieves a 13.38% return, which is significantly higher than CNIE.DE's -3.41% return.
AH50.DE
- 1D
- -0.52%
- 1M
- 0.48%
- YTD
- 13.38%
- 6M
- 16.15%
- 1Y
- 31.49%
- 3Y*
- 12.81%
- 5Y*
- 1.06%
- 10Y*
- 8.17%
CNIE.DE
- 1D
- -0.76%
- 1M
- -3.01%
- YTD
- -3.41%
- 6M
- -5.32%
- 1Y
- 6.61%
- 3Y*
- -0.19%
- 5Y*
- —
- 10Y*
- —
AH50.DE vs. CNIE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AH50.DE Xtrackers Harvest FTSE China A-H 50 UCITS ETF 1D | 13.38% | 11.41% | 26.06% | -15.94% | -16.05% | 5.51% |
CNIE.DE VanEck New China ESG UCITS ETF A | -3.41% | 8.76% | 7.28% | -12.40% | -22.84% | 8.74% |
Correlation
The correlation between AH50.DE and CNIE.DE is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021 | 0.77 |
The correlation between AH50.DE and CNIE.DE has been stable across timeframes, ranging from 0.71 to 0.77 - a consistent structural relationship.
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Return for Risk
AH50.DE vs. CNIE.DE — Risk / Return Rank
AH50.DE
CNIE.DE
AH50.DE vs. CNIE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Harvest FTSE China A-H 50 UCITS ETF 1D (AH50.DE) and VanEck New China ESG UCITS ETF A (CNIE.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.
| AH50.DE | CNIE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.42 | ||
| Sortino ratioReturn per unit of downside risk | +1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.08 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 4.40 | 0.53 | +3.87 |
| Martin ratioReturn relative to average drawdown | 12.99 | 1.17 | +11.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AH50.DE | CNIE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.83 | 0.42 | +1.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | -0.16 | +0.51 |
Drawdowns
AH50.DE vs. CNIE.DE - Drawdown Comparison
The maximum AH50.DE drawdown since its inception was -45.20%, roughly equal to the maximum CNIE.DE drawdown of -45.69%. Use the drawdown chart below to compare losses from any high point for AH50.DE and CNIE.DE.
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Drawdown Indicators
| AH50.DE | CNIE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.20% | -45.69% | +0.49% |
Max Drawdown (1Y)Largest decline over 1 year | -7.15% | -12.45% | +5.30% |
Max Drawdown (3Y)Largest decline over 3 years | -25.16% | -29.20% | +4.04% |
Max Drawdown (5Y)Largest decline over 5 years | -38.11% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.20% | — | — |
Current DrawdownCurrent decline from peak | -5.93% | -25.25% | +19.32% |
Average DrawdownAverage peak-to-trough decline | -16.78% | -24.67% | +7.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.43% | 5.70% | -3.27% |
Volatility
AH50.DE vs. CNIE.DE - Volatility Comparison
Xtrackers Harvest FTSE China A-H 50 UCITS ETF 1D (AH50.DE) has a higher volatility of 5.94% compared to VanEck New China ESG UCITS ETF A (CNIE.DE) at 4.49%. This indicates that AH50.DE's price experiences larger fluctuations and is considered to be riskier than CNIE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AH50.DE | CNIE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.94% | 4.49% | +1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 12.32% | 10.68% | +1.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.18% | 16.04% | +1.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.21% | 24.27% | -1.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.82% | 24.27% | -1.45% |
AH50.DE vs. CNIE.DE - Expense Ratio Comparison
AH50.DE has a 0.65% expense ratio, which is higher than CNIE.DE's 0.60% expense ratio.
Dividends
AH50.DE vs. CNIE.DE - Dividend Comparison
AH50.DE's dividend yield for the trailing twelve months is around 2.07%, while CNIE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
AH50.DE Xtrackers Harvest FTSE China A-H 50 UCITS ETF 1D | 2.07% | 3.00% | 2.24% | 2.80% | 3.06% | 1.67% | 1.80% | 1.65% | 2.56% | 2.44% |
CNIE.DE VanEck New China ESG UCITS ETF A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AH50.DE and CNIE.DE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CNIE.DE is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CNIE.DE is cheaper with a 0.60% expense ratio, compared with 0.65% for AH50.DE.
AH50.DE tracks MSCI China NR USD, while CNIE.DE tracks MarketGrader New China ESG. They also come from different issuers: Xtrackers and VanEck. Their fees differ too: 0.65% for AH50.DE and 0.60% for CNIE.DE.
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