PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
ASHR vs. CNYA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.9

Performance

ASHR vs. CNYA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Harvest CSI 300 China A-Shares Fund (ASHR) and iShares MSCI China A ETF (CNYA). The values are adjusted to include any dividend payments, if applicable.

0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
28.00%
37.11%
ASHR
CNYA

Key characteristics

Sharpe Ratio

ASHR:

0.59

CNYA:

0.52

Sortino Ratio

ASHR:

1.06

CNYA:

0.98

Omega Ratio

ASHR:

1.17

CNYA:

1.15

Calmar Ratio

ASHR:

0.37

CNYA:

0.35

Martin Ratio

ASHR:

1.69

CNYA:

1.49

Ulcer Index

ASHR:

11.26%

CNYA:

11.54%

Daily Std Dev

ASHR:

32.17%

CNYA:

32.98%

Max Drawdown

ASHR:

-51.30%

CNYA:

-49.48%

Current Drawdown

ASHR:

-39.04%

CNYA:

-36.49%

Returns By Period

In the year-to-date period, ASHR achieves a 13.13% return, which is significantly higher than CNYA's 12.33% return.


ASHR

YTD

13.13%

1M

-1.46%

6M

13.80%

1Y

16.85%

5Y*

-0.36%

10Y*

1.26%

CNYA

YTD

12.33%

1M

-1.37%

6M

12.96%

1Y

15.09%

5Y*

1.36%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ASHR vs. CNYA - Expense Ratio Comparison

ASHR has a 0.65% expense ratio, which is higher than CNYA's 0.60% expense ratio.


ASHR
Xtrackers Harvest CSI 300 China A-Shares Fund
Expense ratio chart for ASHR: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
Expense ratio chart for CNYA: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

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.


Sharpe ratio
The chart of Sharpe ratio for ASHR, currently valued at 0.59, compared to the broader market0.002.004.000.590.52
The chart of Sortino ratio for ASHR, currently valued at 1.06, compared to the broader market-2.000.002.004.006.008.0010.001.060.98
The chart of Omega ratio for ASHR, currently valued at 1.17, compared to the broader market0.501.001.502.002.503.001.171.15
The chart of Calmar ratio for ASHR, currently valued at 0.37, compared to the broader market0.005.0010.0015.000.370.35
The chart of Martin ratio for ASHR, currently valued at 1.69, compared to the broader market0.0020.0040.0060.0080.00100.001.691.49
ASHR
CNYA

The current ASHR Sharpe Ratio is 0.59, which is comparable to the CNYA Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of ASHR and CNYA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
0.59
0.52
ASHR
CNYA

Dividends

ASHR vs. CNYA - Dividend Comparison

ASHR's dividend yield for the trailing twelve months is around 1.12%, less than CNYA's 2.48% yield.


TTM2023202220212020201920182017201620152014
ASHR
Xtrackers Harvest CSI 300 China A-Shares Fund
1.12%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
2.48%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 -49.48%. Use the drawdown chart below to compare losses from any high point for ASHR and CNYA. For additional features, visit the drawdowns tool.


-50.00%-45.00%-40.00%-35.00%-30.00%-25.00%-20.00%-15.00%JulyAugustSeptemberOctoberNovemberDecember
-39.04%
-36.49%
ASHR
CNYA

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 10.33% and 10.34%, 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.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
10.33%
10.34%
ASHR
CNYA
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab