CEBG.DE vs. CNIE.DE
CEBG.DE (VanEck New China ESG UCITS ETF A) and CNIE.DE (VanEck New China ESG UCITS ETF A) are both China Equities funds tracking the MarketGrader New China ESG, from iShares and VanEck respectively. Both are passively managed. Over the past 3 years, CEBG.DE returned 9.54%/yr vs -0.19%/yr for CNIE.DE. At a 0.21 correlation, their price movements are largely independent. Both charge a 0.60% expense ratio.
Performance
CEBG.DE vs. CNIE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CEBG.DE achieves a 11.81% return, which is significantly higher than CNIE.DE's -3.41% return.
CEBG.DE
- 1D
- -2.29%
- 1M
- -0.50%
- YTD
- 11.81%
- 6M
- 15.24%
- 1Y
- 32.71%
- 3Y*
- 9.54%
- 5Y*
- 13.92%
- 10Y*
- 6.90%
CNIE.DE
- 1D
- -0.76%
- 1M
- -3.01%
- YTD
- -3.41%
- 6M
- -5.32%
- 1Y
- 6.61%
- 3Y*
- -0.19%
- 5Y*
- —
- 10Y*
- —
CEBG.DE vs. CNIE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CEBG.DE VanEck New China ESG UCITS ETF A | 11.81% | 38.75% | -22.52% | 33.05% | 5.85% | 8.01% |
CNIE.DE VanEck New China ESG UCITS ETF A | -3.41% | 8.76% | 7.28% | -12.40% | -22.84% | 8.74% |
Correlation
The correlation between CEBG.DE and CNIE.DE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021 | 0.21 |
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Return for Risk
CEBG.DE vs. CNIE.DE — Risk / Return Rank
CEBG.DE
CNIE.DE
CEBG.DE vs. CNIE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck New China ESG UCITS ETF A (CEBG.DE) and VanEck New China ESG UCITS ETF A (CNIE.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.
| CEBG.DE | CNIE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.22 | ||
| Sortino ratioReturn per unit of downside risk | +1.61 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.08 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.78 | 0.53 | +2.25 |
| Martin ratioReturn relative to average drawdown | 11.03 | 1.17 | +9.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CEBG.DE | CNIE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.63 | 0.42 | +1.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | -0.16 | +0.40 |
Drawdowns
CEBG.DE vs. CNIE.DE - Drawdown Comparison
The maximum CEBG.DE drawdown since its inception was -53.49%, which is greater than CNIE.DE's maximum drawdown of -45.69%. Use the drawdown chart below to compare losses from any high point for CEBG.DE and CNIE.DE.
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Drawdown Indicators
| CEBG.DE | CNIE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.49% | -45.69% | -7.80% |
Max Drawdown (1Y)Largest decline over 1 year | -11.78% | -12.45% | +0.67% |
Max Drawdown (3Y)Largest decline over 3 years | -30.41% | -29.20% | -1.21% |
Max Drawdown (5Y)Largest decline over 5 years | -30.41% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -49.60% | — | — |
Current DrawdownCurrent decline from peak | -4.44% | -25.25% | +20.81% |
Average DrawdownAverage peak-to-trough decline | -15.04% | -24.67% | +9.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 5.70% | -2.72% |
Volatility
CEBG.DE vs. CNIE.DE - Volatility Comparison
VanEck New China ESG UCITS ETF A (CEBG.DE) has a higher volatility of 7.80% compared to VanEck New China ESG UCITS ETF A (CNIE.DE) at 4.49%. This indicates that CEBG.DE's price experiences larger fluctuations and is considered to be riskier than CNIE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CEBG.DE | CNIE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.80% | 4.49% | +3.31% |
Volatility (6M)Calculated over the trailing 6-month period | 16.73% | 10.68% | +6.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.05% | 16.04% | +4.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.13% | 24.27% | -3.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.18% | 24.27% | -0.09% |
CEBG.DE vs. CNIE.DE - Expense Ratio Comparison
Both CEBG.DE and CNIE.DE have an expense ratio of 0.60%.
Dividends
CEBG.DE vs. CNIE.DE - Dividend Comparison
Neither CEBG.DE nor CNIE.DE has paid dividends to shareholders.
Frequently Asked Questions
CEBG.DE and CNIE.DE have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.60% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
CEBG.DE and CNIE.DE have the same expense ratio: 0.60% per year.
Both ETFs track MarketGrader New China ESG. They also come from different issuers: iShares and VanEck.
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