ASHR vs. ISVBF
ASHR (Xtrackers Harvest CSI 300 China A-Shares ETF) and ISVBF (iShares MSCI China A UCITS ETF) are both China Equities funds - ASHR tracks the CSI 300 Index while ISVBF tracks the MSCI China A Inclusion Index. Both are passively managed. Over the past 5 years, ASHR returned -0.54%/yr vs -6.16%/yr for ISVBF. At a 0.26 correlation, their price movements are largely independent. ASHR charges 0.65%/yr vs 0.40%/yr for ISVBF.
Performance
ASHR vs. ISVBF - Performance Comparison
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Returns By Period
In the year-to-date period, ASHR achieves a 9.77% return, which is significantly higher than ISVBF's -12.61% return.
ASHR
- 1D
- -3.32%
- 1M
- 2.01%
- YTD
- 9.77%
- 6M
- 10.21%
- 1Y
- 37.51%
- 3Y*
- 12.76%
- 5Y*
- -0.54%
- 10Y*
- 5.96%
ISVBF
- 1D
- -1.91%
- 1M
- -3.63%
- YTD
- -12.61%
- 6M
- -13.33%
- 1Y
- -0.84%
- 3Y*
- 8.82%
- 5Y*
- -6.16%
- 10Y*
- —
ASHR vs. ISVBF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF | 9.77% | 27.02% | 11.95% | -12.52% | -27.52% | 1.00% |
ISVBF iShares MSCI China A UCITS ETF | -12.61% | 30.64% | 18.96% | -9.28% | -23.01% | -22.12% |
Correlation
The correlation between ASHR and ISVBF is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since May 5, 2021 | 0.26 |
Over the past year, ASHR and ISVBF have become more correlated (0.51) than their long-term average of 0.26, meaning their price movements have been converging.
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Return for Risk
ASHR vs. ISVBF — Risk / Return Rank
ASHR
ISVBF
ASHR vs. ISVBF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) and iShares MSCI China A UCITS ETF (ISVBF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ASHR | ISVBF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.13 | ||
| Sortino ratioReturn per unit of downside risk | +2.71 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.02 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 4.90 | -0.04 | +4.94 |
| Martin ratioReturn relative to average drawdown | 14.20 | -0.09 | +14.29 |
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Drawdowns
ASHR vs. ISVBF - Drawdown Comparison
The maximum ASHR drawdown since its inception was -51.30%, roughly equal to the maximum ISVBF drawdown of -53.78%. Use the drawdown chart below to compare losses from any high point for ASHR and ISVBF.
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Drawdown Indicators
| ASHR | ISVBF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.30% | -53.78% | +2.48% |
Max Drawdown (1Y)Largest decline over 1 year | -7.69% | -20.64% | +12.95% |
Max Drawdown (3Y)Largest decline over 3 years | -33.12% | -23.77% | -9.35% |
Max Drawdown (5Y)Largest decline over 5 years | -44.59% | -52.51% | +7.92% |
Max Drawdown (10Y)Largest decline over 10 years | -51.30% | — | — |
Current DrawdownCurrent decline from peak | -15.89% | -29.16% | +13.27% |
Average DrawdownAverage peak-to-trough decline | -29.13% | -32.68% | +3.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.65% | 9.17% | -6.52% |
Volatility
ASHR vs. ISVBF - Volatility Comparison
The current volatility for Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) is 7.31%, while iShares MSCI China A UCITS ETF (ISVBF) has a volatility of 8.35%. This indicates that ASHR experiences smaller price fluctuations and is considered to be less risky than ISVBF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASHR | ISVBF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.31% | 8.35% | -1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 12.95% | 27.04% | -14.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.88% | 30.91% | -13.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.01% | 30.31% | -6.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.09% | 30.15% | -6.06% |
ASHR vs. ISVBF - Expense Ratio Comparison
ASHR has a 0.65% expense ratio, which is higher than ISVBF's 0.40% expense ratio.
Dividends
ASHR vs. ISVBF - Dividend Comparison
ASHR's dividend yield for the trailing twelve months is around 2.10%, while ISVBF has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF | 2.10% | 2.31% | 1.13% | 2.48% | 1.13% | 0.88% | 0.81% | 0.98% | 1.32% | 0.84% | 0.73% | 30.13% |
ISVBF iShares MSCI China A UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ASHR and ISVBF have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ISVBF has higher volatility (8.35%) compared to ASHR (7.31%). In terms of maximum drawdown, ASHR dropped -51.30% vs ISVBF's -53.78%.
On 5-year performance, ASHR leads with -0.54% vs -6.16% for ISVBF. On fees, ISVBF is cheaper at 0.40% per year. On volatility, ASHR has been the lower-risk option at 7.31%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, ASHR has performed better with a -0.54% return vs -6.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ISVBF is cheaper with a 0.40% expense ratio, compared with 0.65% for ASHR.
ASHR has the higher dividend yield at 2.10%, compared with 0.00% for ISVBF.
ASHR tracks CSI 300 Index, while ISVBF tracks MSCI China A Inclusion Index. They also come from different issuers: DWS and iShares. Their fees differ too: 0.65% for ASHR and 0.40% for ISVBF.
ASHR currently has the higher Sharpe Ratio (2.11 vs -0.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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