AH50.DE vs. DBX9.DE

Last updated Jun 5, 2026

AH50.DE (Xtrackers Harvest FTSE China A-H 50 UCITS ETF 1D) and DBX9.DE (Xtrackers FTSE China 50 UCITS ETF 1C) are both China Equities funds from Xtrackers - AH50.DE tracks the MSCI China NR USD while DBX9.DE tracks the FTSE China 50. Both are passively managed. Over the past 10 years, AH50.DE returned 8.17%/yr vs 3.94%/yr for DBX9.DE. Their correlation of 0.82 suggests significant overlap in exposure. AH50.DE charges 0.65%/yr vs 0.60%/yr for DBX9.DE.

Performance

AH50.DE vs. DBX9.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers Harvest FTSE China A-H 50 UCITS ETF 1D (AH50.DE) and Xtrackers FTSE China 50 UCITS ETF 1C (DBX9.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AH50.DE achieves a 13.38% return, which is significantly higher than DBX9.DE's 9.85% return. Over the past 10 years, AH50.DE has outperformed DBX9.DE with an annualized return of 8.17%, while DBX9.DE has yielded a comparatively lower 3.94% annualized return.

AH50.DE

• 1D: -0.52%
• 1M: 1.53%
• YTD: 13.38%
• 6M: 17.54%
• 1Y: 31.60%
• 3Y*: 12.81%
• 5Y*: 1.06%
• 10Y*: 8.17%

DBX9.DE

• 1D: -0.73%
• 1M: 1.75%
• YTD: 9.85%
• 6M: 13.25%
• 1Y: 32.77%
• 3Y*: 13.37%
• 5Y*: 0.17%
• 10Y*: 3.94%

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

AH50.DE vs. DBX9.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AH50.DE Xtrackers Harvest FTSE China A-H 50 UCITS ETF 1D	13.38%	11.41%	26.06%	-15.94%	-16.05%	2.97%	14.92%	41.09%	-16.54%	20.91%
DBX9.DE Xtrackers FTSE China 50 UCITS ETF 1C	9.85%	10.01%	37.68%	-16.44%	-13.62%	-14.98%	-0.87%	18.35%	-9.23%	18.88%

Correlation

The correlation between AH50.DE and DBX9.DE is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (10Y) Calculated over the trailing 10-year period	0.82
Correlation (All Time) Calculated using the full available price history since Mar 31, 2016	0.82

The correlation between AH50.DE and DBX9.DE has been stable across timeframes, ranging from 0.80 to 0.88 - a consistent structural relationship.

Return for Risk

AH50.DE vs. DBX9.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AH50.DE

AH50.DE Risk / Return Rank: 62
AH50.DE Sharpe Ratio Rank: 55
AH50.DE Sortino Ratio Rank: 50
AH50.DE Omega Ratio Rank: 53
AH50.DE Calmar Ratio Rank: 84
AH50.DE Martin Ratio Rank: 71

DBX9.DE

DBX9.DE Risk / Return Rank: 39
DBX9.DE Sharpe Ratio Rank: 35
DBX9.DE Sortino Ratio Rank: 39
DBX9.DE Omega Ratio Rank: 57
DBX9.DE Calmar Ratio Rank: 39
DBX9.DE Martin Ratio Rank: 27

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AH50.DE vs. DBX9.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 Xtrackers FTSE China 50 UCITS ETF 1C (DBX9.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	DBX9.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.83	1.24	+0.59
Sortino ratio: Return per unit of downside risk	2.42	1.94	+0.49
Omega ratio: Gain probability vs. loss probability	1.32	1.34	-0.02
Calmar ratio: Return relative to maximum drawdown	4.40	1.90	+2.50
Martin ratio: Return relative to average drawdown	12.99	3.67	+9.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AH50.DE vs. DBX9.DE - Sharpe Ratio Comparison

The current AH50.DE Sharpe Ratio is 1.83, which is higher than the DBX9.DE Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of AH50.DE and DBX9.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AH50.DE	DBX9.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	1.24	+0.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	0.01	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.36	0.15	+0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.08	+0.27

Drawdowns

AH50.DE vs. DBX9.DE - Drawdown Comparison

The maximum AH50.DE drawdown since its inception was -45.20%, smaller than the maximum DBX9.DE drawdown of -66.51%. Use the drawdown chart below to compare losses from any high point for AH50.DE and DBX9.DE.

Drawdown Indicators

	AH50.DE	DBX9.DE	Difference
Max Drawdown Largest peak-to-trough decline	-45.20%	-66.51%	+21.31%
Max Drawdown (1Y) Largest decline over 1 year	-7.15%	-17.20%	+10.05%
Max Drawdown (3Y) Largest decline over 3 years	-25.16%	-27.83%	+2.67%
Max Drawdown (5Y) Largest decline over 5 years	-38.58%	-47.59%	+9.01%
Max Drawdown (10Y) Largest decline over 10 years	-45.20%	-53.98%	+8.78%
Current Drawdown Current decline from peak	-5.93%	-14.62%	+8.69%
Average Drawdown Average peak-to-trough decline	-16.78%	-29.50%	+12.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.43%	8.91%	-6.48%

Volatility

AH50.DE vs. DBX9.DE - Volatility Comparison

Xtrackers Harvest FTSE China A-H 50 UCITS ETF 1D (AH50.DE) has a higher volatility of 5.94% compared to Xtrackers FTSE China 50 UCITS ETF 1C (DBX9.DE) at 5.29%. This indicates that AH50.DE's price experiences larger fluctuations and is considered to be riskier than DBX9.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AH50.DE	DBX9.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.94%	5.29%	+0.65%
Volatility (6M) Calculated over the trailing 6-month period	12.32%	10.45%	+1.87%
Volatility (1Y) Calculated over the trailing 1-year period	17.18%	26.35%	-9.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.21%	28.75%	-5.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.82%	25.42%	-2.60%

AH50.DE vs. DBX9.DE - Expense Ratio Comparison

AH50.DE has a 0.65% expense ratio, which is higher than DBX9.DE's 0.60% expense ratio.

Dividends

AH50.DE vs. DBX9.DE - Dividend Comparison

AH50.DE's dividend yield for the trailing twelve months is around 2.07%, while DBX9.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%
DBX9.DE Xtrackers FTSE China 50 UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AH50.DE and DBX9.DE in my portfolio?

AH50.DE and DBX9.DE have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AH50.DE or DBX9.DE?

On fees, DBX9.DE is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AH50.DE or DBX9.DE?

DBX9.DE is cheaper with a 0.60% expense ratio, compared with 0.65% for AH50.DE.

What is the main difference between AH50.DE and DBX9.DE?

AH50.DE tracks MSCI China NR USD, while DBX9.DE tracks FTSE China 50. Their fees differ too: 0.65% for AH50.DE and 0.60% for DBX9.DE.