C024.DE vs. DBX9.DE

Last updated Jun 5, 2026

C024.DE (Amundi MSCI China A II UCITS ETF Dist) and DBX9.DE (Xtrackers FTSE China 50 UCITS ETF 1C) are both China Equities funds - C024.DE tracks the MSCI China A while DBX9.DE tracks the FTSE China 50. Both are passively managed. Over the past 10 years, C024.DE returned 7.12%/yr vs 3.94%/yr for DBX9.DE. A 0.69 correlation means they provide meaningful diversification when combined. C024.DE charges 0.25%/yr vs 0.60%/yr for DBX9.DE.

Performance

C024.DE vs. DBX9.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi MSCI China A II UCITS ETF Dist (C024.DE) and Xtrackers FTSE China 50 UCITS ETF 1C (DBX9.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, C024.DE achieves a 12.05% return, which is significantly higher than DBX9.DE's 9.85% return. Over the past 10 years, C024.DE has outperformed DBX9.DE with an annualized return of 7.12%, while DBX9.DE has yielded a comparatively lower 3.94% annualized return.

C024.DE

• 1D: -0.65%
• 1M: 2.07%
• YTD: 12.05%
• 6M: 16.25%
• 1Y: 40.47%
• 3Y*: 12.08%
• 5Y*: 0.57%
• 10Y*: 7.12%

DBX9.DE

• 1D: -0.73%
• 1M: 1.75%
• YTD: 9.85%
• 6M: 13.25%
• 1Y: 32.77%
• 3Y*: 13.37%
• 5Y*: 0.17%
• 10Y*: 3.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

C024.DE vs. DBX9.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
C024.DE Amundi MSCI China A II UCITS ETF Dist	12.05%	14.97%	22.87%	-17.78%	-16.12%	3.37%	21.54%	40.72%	-22.27%	23.87%
DBX9.DE Xtrackers FTSE China 50 UCITS ETF 1C	9.85%	10.01%	37.68%	-16.44%	-13.62%	-14.98%	-0.87%	18.35%	-9.23%	18.88%

Correlation

The correlation between C024.DE and DBX9.DE is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Oct 11, 2013	0.69

Over the past year, C024.DE and DBX9.DE have become more correlated (0.92) than their long-term average of 0.69, meaning their price movements have been converging.

Return for Risk

C024.DE vs. DBX9.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

C024.DE

C024.DE Risk / Return Rank: 83
C024.DE Sharpe Ratio Rank: 82
C024.DE Sortino Ratio Rank: 80
C024.DE Omega Ratio Rank: 77
C024.DE Calmar Ratio Rank: 91
C024.DE Martin Ratio Rank: 87

DBX9.DE

DBX9.DE Risk / Return Rank: 39
DBX9.DE Sharpe Ratio Rank: 35
DBX9.DE Sortino Ratio Rank: 39
DBX9.DE Omega Ratio Rank: 57
DBX9.DE Calmar Ratio Rank: 39
DBX9.DE Martin Ratio Rank: 27

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.

C024.DE vs. DBX9.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI China A II UCITS ETF Dist (C024.DE) and Xtrackers FTSE China 50 UCITS ETF 1C (DBX9.DE). 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.

	C024.DE	DBX9.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.60	1.24	+1.37
Sortino ratio: Return per unit of downside risk	3.52	1.94	+1.58
Omega ratio: Gain probability vs. loss probability	1.45	1.34	+0.11
Calmar ratio: Return relative to maximum drawdown	5.94	1.90	+4.04
Martin ratio: Return relative to average drawdown	18.19	3.67	+14.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

C024.DE vs. DBX9.DE - Sharpe Ratio Comparison

The current C024.DE Sharpe Ratio is 2.60, which is higher than the DBX9.DE Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of C024.DE and DBX9.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	C024.DE	DBX9.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.60	1.24	+1.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	0.01	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	0.15	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.08	+0.22

Drawdowns

C024.DE vs. DBX9.DE - Drawdown Comparison

The maximum C024.DE drawdown since its inception was -49.68%, smaller than the maximum DBX9.DE drawdown of -66.51%. Use the drawdown chart below to compare losses from any high point for C024.DE and DBX9.DE.

Drawdown Indicators

	C024.DE	DBX9.DE	Difference
Max Drawdown Largest peak-to-trough decline	-49.68%	-66.51%	+16.83%
Max Drawdown (1Y) Largest decline over 1 year	-6.78%	-17.20%	+10.42%
Max Drawdown (3Y) Largest decline over 3 years	-25.82%	-27.83%	+2.01%
Max Drawdown (5Y) Largest decline over 5 years	-40.47%	-47.59%	+7.12%
Max Drawdown (10Y) Largest decline over 10 years	-47.10%	-53.98%	+6.88%
Current Drawdown Current decline from peak	-8.55%	-14.62%	+6.07%
Average Drawdown Average peak-to-trough decline	-24.80%	-29.50%	+4.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.22%	8.91%	-6.69%

Volatility

C024.DE vs. DBX9.DE - Volatility Comparison

Amundi MSCI China A II UCITS ETF Dist (C024.DE) has a higher volatility of 5.71% compared to Xtrackers FTSE China 50 UCITS ETF 1C (DBX9.DE) at 5.29%. This indicates that C024.DE's price experiences larger fluctuations and is considered to be riskier than DBX9.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	C024.DE	DBX9.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.71%	5.29%	+0.42%
Volatility (6M) Calculated over the trailing 6-month period	11.25%	10.45%	+0.80%
Volatility (1Y) Calculated over the trailing 1-year period	15.47%	26.35%	-10.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.92%	28.75%	-5.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.34%	25.42%	-1.08%

C024.DE vs. DBX9.DE - Expense Ratio Comparison

C024.DE has a 0.25% expense ratio, which is lower than DBX9.DE's 0.60% expense ratio.

Dividends

C024.DE vs. DBX9.DE - Dividend Comparison

C024.DE's dividend yield for the trailing twelve months is around 1.69%, while DBX9.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
C024.DE Amundi MSCI China A II UCITS ETF Dist	1.69%	1.89%	2.19%	1.98%	1.34%	1.23%	1.42%	1.88%	2.49%
DBX9.DE Xtrackers FTSE China 50 UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both C024.DE and DBX9.DE in my portfolio?

With a correlation of 0.92, C024.DE and DBX9.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, C024.DE or DBX9.DE?

On fees, C024.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, C024.DE or DBX9.DE?

C024.DE is cheaper with a 0.25% expense ratio, compared with 0.60% for DBX9.DE.

What is the main difference between C024.DE and DBX9.DE?

C024.DE tracks MSCI China A, while DBX9.DE tracks FTSE China 50. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.25% for C024.DE and 0.60% for DBX9.DE.