ASIL.L vs. AAXJ
Compare and contrast key facts about Lyxor China Enterprise (HSCEI) UCITS ETF (ASIL.L) and iShares MSCI All Country Asia ex-Japan ETF (AAXJ).
ASIL.L and AAXJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ASIL.L is a passively managed fund by Amundi that tracks the performance of the MSCI China NR USD. It was launched on Feb 21, 2019. AAXJ is a passively managed fund by iShares that tracks the performance of the MSCI All Country Asia ex Japan Index. It was launched on Aug 13, 2008. Both ASIL.L and AAXJ 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: ASIL.L or AAXJ.
Key characteristics
| ASIL.L | AAXJ | |
|---|---|---|
| YTD Return | 10.26% | 9.42% |
| 1Y Return | -6.13% | 12.75% |
| 3Y Return (Ann) | -14.79% | -5.19% |
| 5Y Return (Ann) | -10.38% | 3.76% |
| 10Y Return (Ann) | -0.96% | 3.62% |
| Sharpe Ratio | -0.21 | 0.75 |
| Daily Std Dev | 25.36% | 15.65% |
| Max Drawdown | -59.17% | -49.37% |
| Current Drawdown | -49.04% | -24.20% |
Correlation
The correlation between ASIL.L and AAXJ is 0.74, 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.
Performance
ASIL.L vs. AAXJ - Performance Comparison
In the year-to-date period, ASIL.L achieves a 10.26% return, which is significantly higher than AAXJ's 9.42% return. Over the past 10 years, ASIL.L has underperformed AAXJ with an annualized return of -0.96%, while AAXJ has yielded a comparatively higher 3.62% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ASIL.L vs. AAXJ - Expense Ratio Comparison
ASIL.L has a 0.65% expense ratio, which is lower than AAXJ's 0.68% expense ratio.
Risk-Adjusted Performance
ASIL.L vs. AAXJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor China Enterprise (HSCEI) UCITS ETF (ASIL.L) and iShares MSCI All Country Asia ex-Japan ETF (AAXJ). 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
ASIL.L vs. AAXJ - Dividend Comparison
ASIL.L has not paid dividends to shareholders, while AAXJ's dividend yield for the trailing twelve months is around 2.07%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASIL.L Lyxor China Enterprise (HSCEI) 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% |
AAXJ iShares MSCI All Country Asia ex-Japan ETF | 2.07% | 2.26% | 1.73% | 2.20% | 1.05% | 1.82% | 2.09% | 1.98% | 1.76% | 2.43% | 1.77% | 1.76% |
Drawdowns
ASIL.L vs. AAXJ - Drawdown Comparison
The maximum ASIL.L drawdown since its inception was -59.17%, which is greater than AAXJ's maximum drawdown of -49.37%. Use the drawdown chart below to compare losses from any high point for ASIL.L and AAXJ. For additional features, visit the drawdowns tool.
Volatility
ASIL.L vs. AAXJ - Volatility Comparison
Lyxor China Enterprise (HSCEI) UCITS ETF (ASIL.L) has a higher volatility of 5.86% compared to iShares MSCI All Country Asia ex-Japan ETF (AAXJ) at 3.97%. This indicates that ASIL.L's price experiences larger fluctuations and is considered to be riskier than AAXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.