ASHR vs. CNYA
Compare and contrast key facts about Xtrackers Harvest CSI 300 China A-Shares Fund (ASHR) and iShares MSCI China A ETF (CNYA).
ASHR and CNYA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ASHR is a passively managed fund by DWS that tracks the performance of the CSI 300 Index. It was launched on Nov 6, 2013. CNYA is a passively managed fund by iShares that tracks the performance of the MSCI China A Inclusion Index. It was launched on Jun 13, 2016. Both ASHR and CNYA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASHR or CNYA.
Performance
ASHR vs. CNYA - Performance Comparison
Returns By Period
In the year-to-date period, ASHR achieves a 14.81% return, which is significantly higher than CNYA's 13.89% return.
ASHR
14.81%
-0.51%
8.93%
10.71%
1.10%
3.23%
CNYA
13.89%
0.07%
8.47%
9.88%
2.77%
N/A
Key characteristics
| ASHR | CNYA | |
|---|---|---|
| Sharpe Ratio | 0.33 | 0.30 |
| Sortino Ratio | 0.70 | 0.67 |
| Omega Ratio | 1.11 | 1.10 |
| Calmar Ratio | 0.20 | 0.19 |
| Martin Ratio | 1.07 | 0.98 |
| Ulcer Index | 9.52% | 9.80% |
| Daily Std Dev | 30.85% | 31.69% |
| Max Drawdown | -51.30% | -49.49% |
| Current Drawdown | -38.14% | -35.61% |
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ASHR vs. CNYA - Expense Ratio Comparison
ASHR has a 0.65% expense ratio, which is higher than CNYA's 0.60% expense ratio.
Correlation
The correlation between ASHR and CNYA is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
ASHR vs. CNYA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Harvest CSI 300 China A-Shares Fund (ASHR) and iShares MSCI China A ETF (CNYA). 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.
Dividends
ASHR vs. CNYA - Dividend Comparison
ASHR's dividend yield for the trailing twelve months is around 2.16%, less than CNYA's 3.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ASHR Xtrackers Harvest CSI 300 China A-Shares Fund | 2.16% | 2.48% | 1.13% | 0.88% | 0.81% | 0.98% | 1.32% | 0.84% | 0.73% | 30.13% | 0.27% |
CNYA iShares MSCI China A ETF | 3.78% | 4.23% | 2.69% | 1.11% | 1.05% | 1.21% | 3.92% | 0.98% | 1.38% | 0.00% | 0.00% |
Drawdowns
ASHR vs. CNYA - Drawdown Comparison
The maximum ASHR drawdown since its inception was -51.30%, roughly equal to the maximum CNYA drawdown of -49.49%. Use the drawdown chart below to compare losses from any high point for ASHR and CNYA. For additional features, visit the drawdowns tool.
Volatility
ASHR vs. CNYA - Volatility Comparison
Xtrackers Harvest CSI 300 China A-Shares Fund (ASHR) and iShares MSCI China A ETF (CNYA) have volatilities of 10.37% and 10.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.