CAS vs. CNYA
CAS (Simplify China A Shares PLUS Income ETF) and CNYA (iShares MSCI China A ETF) are both China Equities funds. CAS is actively managed, while CNYA is passively managed. Their correlation of 0.88 suggests significant overlap in exposure. CAS charges 0.88%/yr vs 0.60%/yr for CNYA.
Performance
CAS vs. CNYA - Performance Comparison
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Returns By Period
CAS
- 1D
- -2.90%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CNYA
- 1D
- -2.87%
- 1M
- 1.73%
- YTD
- 8.91%
- 6M
- 9.76%
- 1Y
- 36.56%
- 3Y*
- 12.14%
- 5Y*
- -0.49%
- 10Y*
- 6.50%
CAS vs. CNYA - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
CAS Simplify China A Shares PLUS Income ETF | 0.48% |
CNYA iShares MSCI China A ETF | 0.56% |
Correlation
The correlation between CAS and CNYA is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 28, 2026 | 0.88 |
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Return for Risk
CAS vs. CNYA — Risk / Return Rank
CAS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CNYA
CAS vs. CNYA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify China A Shares PLUS Income ETF (CAS) and iShares MSCI China A ETF (CNYA). 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.
| CAS | CNYA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.36 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.84 | — |
| Martin ratioReturn relative to average drawdown | — | 13.30 | — |
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Drawdowns
CAS vs. CNYA - Drawdown Comparison
The maximum CAS drawdown since its inception was -6.84%, smaller than the maximum CNYA drawdown of -49.49%. Use the drawdown chart below to compare losses from any high point for CAS and CNYA.
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Drawdown Indicators
| CAS | CNYA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.84% | -49.49% | +42.65% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.59% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -33.35% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -44.65% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -49.49% | — |
Current DrawdownCurrent decline from peak | -2.90% | -13.73% | +10.83% |
Average DrawdownAverage peak-to-trough decline | -2.67% | -20.65% | +17.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.76% | — |
Volatility
CAS vs. CNYA - Volatility Comparison
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Volatility by Period
| CAS | CNYA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.35% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 13.56% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 28.91% | 18.32% | +10.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.91% | 23.91% | +5.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.91% | 23.52% | +5.39% |
CAS vs. CNYA - Expense Ratio Comparison
CAS has a 0.88% expense ratio, which is higher than CNYA's 0.60% expense ratio.
Dividends
CAS vs. CNYA - Dividend Comparison
CAS has not paid dividends to shareholders, while CNYA's dividend yield for the trailing twelve months is around 1.73%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CAS Simplify China A Shares PLUS Income ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CNYA iShares MSCI China A ETF | 1.73% | 1.92% | 2.51% | 4.23% | 2.69% | 1.11% | 1.06% | 1.21% | 3.92% | 0.97% | 1.38% |
Frequently Asked Questions
CAS and CNYA have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CNYA is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CNYA is cheaper with a 0.60% expense ratio, compared with 0.88% for CAS.
CNYA has the higher dividend yield at 1.73%, compared with 0.00% for CAS.
They also come from different issuers: Simplify and iShares. Their fees differ too: 0.88% for CAS and 0.60% for CNYA.
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