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ASHR vs. YXI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ASHR vs. YXI

Last updated Jun 3, 2026

ASHR (Xtrackers Harvest CSI 300 China A-Shares Fund) and YXI (ProShares Short FTSE China 50) are both exchange-traded funds - ASHR is a China Equities fund tracking the CSI 300 Index, while YXI is a Inverse Equities fund tracking the FTSE China 50 Net Tax USD (TR) (-100%). Both are passively managed. Over the past 10 years, ASHR returned 5.39%/yr vs -8.43%/yr for YXI. At a correlation of -0.70, they often move in opposite directions. ASHR charges 0.65%/yr vs 0.95%/yr for YXI.

Performance

ASHR vs. YXI - 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 ProShares Short FTSE China 50 (YXI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ASHR achieves a 10.26% return, which is significantly higher than YXI's 6.15% return. Over the past 10 years, ASHR has outperformed YXI with an annualized return of 5.39%, while YXI has yielded a comparatively lower -8.43% annualized return.

ASHR

1D
2.09%
1M
2.32%
YTD
10.26%
6M
13.75%
1Y
40.21%
3Y*
12.12%
5Y*
-0.98%
10Y*
5.39%

YXI

1D
-2.58%
1M
1.58%
YTD
6.15%
6M
8.60%
1Y
-3.19%
3Y*
-12.24%
5Y*
-3.21%
10Y*
-8.43%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ASHR vs. YXI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ASHR
Xtrackers Harvest CSI 300 China A-Shares Fund		10.26%27.02%11.95%-12.52%-27.52%-1.57%36.29%36.50%-28.45%33.47%
YXI
ProShares Short FTSE China 50		6.15%-22.87%-25.36%12.40%4.78%13.94%-17.95%-14.35%9.63%-28.43%

Correlation

The correlation between ASHR and YXI is -0.63, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.63

Correlation (3Y)
Calculated over the trailing 3-year period

-0.70

Correlation (5Y)
Calculated over the trailing 5-year period

-0.72

Correlation (10Y)
Calculated over the trailing 10-year period

-0.73

Correlation (All Time)
Calculated using the full available price history since Nov 7, 2013

-0.70

The correlation between ASHR and YXI has been stable across timeframes, ranging from -0.73 to -0.63 - a consistent structural relationship.

Compare stocks, funds, or ETFs

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

Xtrackers Harvest CSI 300 China A-Shares Fund

ProShares Short FTSE China 50

Often compared with ASHR:
ASHR vs. MCHIASHR vs. FXIASHR vs. CNYAASHR vs. ASHSASHR vs. SPYASHR vs. GXCASHR vs. CHAU
Often compared with YXI:
YXI vs. FXPYXI vs. KWEBYXI vs. SPYYXI vs. CNYAYXI vs. EWTYXI vs. MCHIYXI vs. FXI

Return for Risk

ASHR vs. YXI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ASHR
ASHR Risk / Return Rank: 7777
Overall Rank
ASHR Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
ASHR Sortino Ratio Rank: 7272
Sortino Ratio Rank
ASHR Omega Ratio Rank: 7070
Omega Ratio Rank
ASHR Calmar Ratio Rank: 8989
Calmar Ratio Rank
ASHR Martin Ratio Rank: 8181
Martin Ratio Rank
YXI
YXI Risk / Return Rank: 77
Overall Rank
YXI Sharpe Ratio Rank: 77
Sharpe Ratio Rank
YXI Sortino Ratio Rank: 77
Sortino Ratio Rank
YXI Omega Ratio Rank: 77
Omega Ratio Rank
YXI Calmar Ratio Rank: 66
Calmar Ratio Rank
YXI Martin Ratio Rank: 77
Martin Ratio Rank
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.

ASHR vs. YXI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Harvest CSI 300 China A-Shares Fund (ASHR) and ProShares Short FTSE China 50 (YXI). 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.

ASHRYXIDifference

Sharpe ratio

Return per unit of total volatility

2.40

-0.16

+2.56

Sortino ratio

Return per unit of downside risk

3.31

-0.09

+3.40

Omega ratio

Gain probability vs. loss probability

1.42

0.99

+0.44

Calmar ratio

Return relative to maximum drawdown

5.30

-0.24

+5.54

Martin ratio

Return relative to average drawdown

16.41

-0.42

+16.84

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ASHR vs. YXI - Sharpe Ratio Comparison

The current ASHR Sharpe Ratio is 2.40, which is higher than the YXI Sharpe Ratio of -0.16. The chart below compares the historical Sharpe Ratios of ASHR and YXI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

ASHRYXIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.40

-0.16

+2.56

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.04

-0.10

+0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.22

-0.31

+0.53

Sharpe Ratio (All Time)

Calculated using the full available price history

0.23

-0.31

+0.53

Drawdowns

ASHR vs. YXI - Drawdown Comparison

The maximum ASHR drawdown since its inception was -51.30%, smaller than the maximum YXI drawdown of -81.15%. Use the drawdown chart below to compare losses from any high point for ASHR and YXI.

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Drawdown Indicators

ASHRYXIDifference

Max Drawdown

Largest peak-to-trough decline

-51.30%

-81.15%

+29.85%

Max Drawdown (1Y)

Largest decline over 1 year

-7.69%

-14.66%

+6.97%

Max Drawdown (3Y)

Largest decline over 3 years

-33.12%

-53.12%

+20.00%

Max Drawdown (5Y)

Largest decline over 5 years

-45.76%

-57.65%

+11.89%

Max Drawdown (10Y)

Largest decline over 10 years

-51.30%

-64.92%

+13.62%

Current Drawdown

Current decline from peak

-15.52%

-78.33%

+62.81%

Average Drawdown

Average peak-to-trough decline

-29.19%

-54.30%

+25.11%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.48%

9.17%

-6.69%

Volatility

ASHR vs. YXI - Volatility Comparison

The current volatility for Xtrackers Harvest CSI 300 China A-Shares Fund (ASHR) is 5.94%, while ProShares Short FTSE China 50 (YXI) has a volatility of 7.00%. This indicates that ASHR experiences smaller price fluctuations and is considered to be less risky than YXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ASHRYXIDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.94%

7.00%

-1.06%

Volatility (6M)

Calculated over the trailing 6-month period

11.55%

14.75%

-3.20%

Volatility (1Y)

Calculated over the trailing 1-year period

16.84%

19.89%

-3.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.90%

31.40%

-7.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.06%

27.42%

-3.36%

ASHR vs. YXI - Expense Ratio Comparison

ASHR has a 0.65% expense ratio, which is lower than YXI's 0.95% expense ratio.

Dividends

ASHR vs. YXI - Dividend Comparison

ASHR's dividend yield for the trailing twelve months is around 2.09%, less than YXI's 2.89% yield.

PositionTTM20252024202320222021202020192018201720162015
ASHR
Xtrackers Harvest CSI 300 China A-Shares Fund		2.09%2.31%1.13%2.48%1.13%0.88%0.81%0.98%1.32%0.84%0.73%30.13%
YXI
ProShares Short FTSE China 50		2.89%3.60%4.35%2.66%0.27%0.00%0.08%1.01%0.25%0.00%0.00%0.00%

Frequently Asked Questions

ASHR and YXI have a correlation of -0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

YXI has higher volatility (7.00%) compared to ASHR (5.94%). In terms of maximum drawdown, ASHR dropped -51.30% vs YXI's -81.15%.

On 10-year performance, ASHR leads with 5.39% vs -8.43% for YXI. On fees, ASHR is cheaper at 0.65% per year. On volatility, ASHR has been the lower-risk option at 5.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, ASHR has performed better with a 5.39% return vs -8.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

ASHR is cheaper with a 0.65% expense ratio, compared with 0.95% for YXI.

YXI has the higher dividend yield at 2.89%, compared with 2.09% for ASHR.

ASHR is categorized as China Equities, while YXI is Inverse Equities. ASHR tracks CSI 300 Index, while YXI tracks FTSE China 50 Net Tax USD (TR) (-100%). They also come from different issuers: DWS and ProShares. Their fees differ too: 0.65% for ASHR and 0.95% for YXI.

ASHR currently has the higher Sharpe Ratio (2.40 vs -0.16), 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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