C500.L vs. XCNA.L

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco S&P China A MidCap 500 Swap UCITS ETF Acc (C500.L) and Xtrackers MSCI China A ESG Screened Swap UCITS ETF 1C (XCNA.L).

C500.L and XCNA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. C500.L is a passively managed fund by Invesco that tracks the performance of the S&P China A MidCap 500 Index. It was launched on May 5, 2022. XCNA.L is a passively managed fund by DWS that tracks the performance of the MSCI China A Onshore NR CNY. It was launched on Jun 15, 2022. Both C500.L and XCNA.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

C500.L vs. XCNA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P China A MidCap 500 Swap UCITS ETF Acc (C500.L) and Xtrackers MSCI China A ESG Screened Swap UCITS ETF 1C (XCNA.L). The values are adjusted to include any dividend payments, if applicable.

C500.L vs. XCNA.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
C500.L Invesco S&P China A MidCap 500 Swap UCITS ETF Acc	5.88%	46.93%	20.08%	-11.13%	-8.60%
XCNA.L Xtrackers MSCI China A ESG Screened Swap UCITS ETF 1C	0.60%	32.54%	14.47%	-12.47%	11.73%

Returns By Period

In the year-to-date period, C500.L achieves a 5.88% return, which is significantly higher than XCNA.L's 0.60% return.

C500.L

• 1D: 1.50%
• 1M: -7.91%
• YTD: 5.88%
• 6M: 11.63%
• 1Y: 50.31%
• 3Y*: 15.25%
• 5Y*: —
• 10Y*: —

XCNA.L

• 1D: 1.41%
• 1M: -2.76%
• YTD: 0.60%
• 6M: 3.59%
• 1Y: 31.90%
• 3Y*: 8.15%
• 5Y*: —
• 10Y*: —

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

C500.L vs. XCNA.L - Expense Ratio Comparison

C500.L has a 0.35% expense ratio, which is higher than XCNA.L's 0.29% expense ratio.

C500.L

Invesco S&P China A MidCap 500 Swap UCITS ETF Acc

XCNA.L

Xtrackers MSCI China A ESG Screened Swap UCITS ETF 1C

Return for Risk

C500.L vs. XCNA.L — Risk / Return Rank

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

C500.L

C500.L Risk / Return Rank: 89
C500.L Sharpe Ratio Rank: 91
C500.L Sortino Ratio Rank: 90
C500.L Omega Ratio Rank: 89
C500.L Calmar Ratio Rank: 85
C500.L Martin Ratio Rank: 88

XCNA.L

XCNA.L Risk / Return Rank: 87
XCNA.L Sharpe Ratio Rank: 85
XCNA.L Sortino Ratio Rank: 83
XCNA.L Omega Ratio Rank: 83
XCNA.L Calmar Ratio Rank: 89
XCNA.L Martin Ratio Rank: 92

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.

C500.L vs. XCNA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P China A MidCap 500 Swap UCITS ETF Acc (C500.L) and Xtrackers MSCI China A ESG Screened Swap UCITS ETF 1C (XCNA.L). 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.

	C500.L	XCNA.L	Difference
Sharpe ratio Return per unit of total volatility	2.17	1.82	+0.35
Sortino ratio Return per unit of downside risk	2.68	2.33	+0.35
Omega ratio Gain probability vs. loss probability	1.39	1.34	+0.04
Calmar ratio Return relative to maximum drawdown	2.86	3.25	-0.39
Martin ratio Return relative to average drawdown	12.08	14.40	-2.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

C500.L vs. XCNA.L - Sharpe Ratio Comparison

The current C500.L Sharpe Ratio is 2.17, which is comparable to the XCNA.L Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of C500.L and XCNA.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	C500.L	XCNA.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.17	1.82	+0.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.45	+0.29

Correlation

The correlation between C500.L and XCNA.L is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

C500.L vs. XCNA.L - Dividend Comparison

Neither C500.L nor XCNA.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

C500.L vs. XCNA.L - Drawdown Comparison

The maximum C500.L drawdown since its inception was -30.23%, smaller than the maximum XCNA.L drawdown of -32.05%. Use the drawdown chart below to compare losses from any high point for C500.L and XCNA.L.

Drawdown Indicators

	C500.L	XCNA.L	Difference
Max Drawdown Largest peak-to-trough decline	-30.23%	-32.05%	+1.82%
Max Drawdown (1Y) Largest decline over 1 year	-14.14%	-11.13%	-3.01%
Current Drawdown Current decline from peak	-9.27%	-3.79%	-5.48%
Average Drawdown Average peak-to-trough decline	-7.78%	-14.83%	+7.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.74%	2.22%	+1.52%

Volatility

C500.L vs. XCNA.L - Volatility Comparison

Invesco S&P China A MidCap 500 Swap UCITS ETF Acc (C500.L) has a higher volatility of 7.54% compared to Xtrackers MSCI China A ESG Screened Swap UCITS ETF 1C (XCNA.L) at 4.73%. This indicates that C500.L's price experiences larger fluctuations and is considered to be riskier than XCNA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	C500.L	XCNA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.54%	4.73%	+2.81%
Volatility (6M) Calculated over the trailing 6-month period	16.24%	11.15%	+5.09%
Volatility (1Y) Calculated over the trailing 1-year period	24.11%	17.47%	+6.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.23%	24.61%	+15.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.23%	24.61%	+15.62%