AH50.DE vs. H4ZP.DE
AH50.DE (Xtrackers Harvest FTSE China A-H 50 UCITS ETF 1D) and H4ZP.DE (HSBC MSCI China UCITS ETF USD) are both China Equities funds - AH50.DE tracks the MSCI China NR USD while H4ZP.DE tracks the MSCI China. Both are passively managed. Over the past 10 years, AH50.DE returned 8.17%/yr vs 4.72%/yr for H4ZP.DE. Their correlation of 0.80 suggests significant overlap in exposure. AH50.DE charges 0.65%/yr vs 0.28%/yr for H4ZP.DE.
Performance
AH50.DE vs. H4ZP.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 H4ZP.DE's -6.53% return. Over the past 10 years, AH50.DE has outperformed H4ZP.DE with an annualized return of 8.17%, while H4ZP.DE has yielded a comparatively lower 4.72% 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%
H4ZP.DE
- 1D
- -0.23%
- 1M
- -1.81%
- YTD
- -6.53%
- 6M
- -8.01%
- 1Y
- 3.19%
- 3Y*
- 8.20%
- 5Y*
- -4.00%
- 10Y*
- 4.72%
AH50.DE vs. H4ZP.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% |
H4ZP.DE HSBC MSCI China UCITS ETF USD | -6.53% | 16.54% | 28.55% | -14.47% | -15.34% | -16.86% | 15.20% | 26.76% | -16.09% | 35.18% |
Correlation
The correlation between AH50.DE and H4ZP.DE is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2016 | 0.80 |
The correlation between AH50.DE and H4ZP.DE shifts across timeframes, from 0.68 (1 year) to 0.80 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
AH50.DE vs. H4ZP.DE — Risk / Return Rank
AH50.DE
H4ZP.DE
AH50.DE vs. H4ZP.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 HSBC MSCI China UCITS ETF USD (H4ZP.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 | H4ZP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.66 | ||
| Sortino ratioReturn per unit of downside risk | +2.05 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.04 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 4.40 | 0.19 | +4.21 |
| Martin ratioReturn relative to average drawdown | 12.99 | 0.39 | +12.59 |
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 | H4ZP.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.83 | 0.17 | +1.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | -0.14 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | 0.19 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.19 | +0.16 |
Drawdowns
AH50.DE vs. H4ZP.DE - Drawdown Comparison
The maximum AH50.DE drawdown since its inception was -45.20%, smaller than the maximum H4ZP.DE drawdown of -55.74%. Use the drawdown chart below to compare losses from any high point for AH50.DE and H4ZP.DE.
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Drawdown Indicators
| AH50.DE | H4ZP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.20% | -55.74% | +10.54% |
Max Drawdown (1Y)Largest decline over 1 year | -7.15% | -16.83% | +9.68% |
Max Drawdown (3Y)Largest decline over 3 years | -25.16% | -24.56% | -0.60% |
Max Drawdown (5Y)Largest decline over 5 years | -38.58% | -49.16% | +10.58% |
Max Drawdown (10Y)Largest decline over 10 years | -45.20% | -55.74% | +10.54% |
Current DrawdownCurrent decline from peak | -5.93% | -31.17% | +25.24% |
Average DrawdownAverage peak-to-trough decline | -16.78% | -23.08% | +6.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.43% | 8.15% | -5.72% |
Volatility
AH50.DE vs. H4ZP.DE - Volatility Comparison
The current volatility for Xtrackers Harvest FTSE China A-H 50 UCITS ETF 1D (AH50.DE) is 5.94%, while HSBC MSCI China UCITS ETF USD (H4ZP.DE) has a volatility of 7.30%. This indicates that AH50.DE experiences smaller price fluctuations and is considered to be less risky than H4ZP.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 | H4ZP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.94% | 7.30% | -1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 12.32% | 13.14% | -0.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.18% | 18.46% | -1.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.21% | 27.70% | -4.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.82% | 25.25% | -2.43% |
AH50.DE vs. H4ZP.DE - Expense Ratio Comparison
AH50.DE has a 0.65% expense ratio, which is higher than H4ZP.DE's 0.28% expense ratio.
Dividends
AH50.DE vs. H4ZP.DE - Dividend Comparison
AH50.DE's dividend yield for the trailing twelve months is around 2.07%, less than H4ZP.DE's 2.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% |
H4ZP.DE HSBC MSCI China UCITS ETF USD | 2.14% | 2.39% | 3.10% | 2.10% | 1.97% | 1.28% | 0.96% | 1.57% | 1.40% | 0.78% | 1.97% | 2.89% |
Frequently Asked Questions
AH50.DE and H4ZP.DE have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, H4ZP.DE is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H4ZP.DE is cheaper with a 0.28% expense ratio, compared with 0.65% for AH50.DE.
AH50.DE tracks MSCI China NR USD, while H4ZP.DE tracks MSCI China. They also come from different issuers: Xtrackers and HSBC. Their fees differ too: 0.65% for AH50.DE and 0.28% for H4ZP.DE.
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