CEBG.DE vs. ICGA.DE
CEBG.DE (VanEck New China ESG UCITS ETF A) and ICGA.DE (iShares MSCI China UCITS ETF USD Acc) are both China Equities funds from iShares - CEBG.DE tracks the MarketGrader New China ESG while ICGA.DE tracks the MSCI China. Both are passively managed. Over the past 5 years, CEBG.DE returned 13.92%/yr vs -4.32%/yr for ICGA.DE. At a 0.33 correlation, their price movements are largely independent. CEBG.DE charges 0.60%/yr vs 0.28%/yr for ICGA.DE.
Performance
CEBG.DE vs. ICGA.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 ICGA.DE's -6.86% 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%
ICGA.DE
- 1D
- -0.54%
- 1M
- -3.40%
- YTD
- -6.86%
- 6M
- -9.46%
- 1Y
- 2.44%
- 3Y*
- 7.72%
- 5Y*
- -4.32%
- 10Y*
- —
CEBG.DE vs. ICGA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CEBG.DE VanEck New China ESG UCITS ETF A | 11.81% | 38.75% | -22.52% | 33.05% | 5.85% | 26.86% | -10.03% | 5.98% |
ICGA.DE iShares MSCI China UCITS ETF USD Acc | -6.86% | 16.64% | 27.28% | -14.71% | -15.17% | -17.27% | 15.31% | 14.05% |
Correlation
The correlation between CEBG.DE and ICGA.DE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2019 | 0.33 |
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Return for Risk
CEBG.DE vs. ICGA.DE — Risk / Return Rank
CEBG.DE
ICGA.DE
CEBG.DE vs. ICGA.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 iShares MSCI China UCITS ETF USD Acc (ICGA.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 | ICGA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.49 | ||
| Sortino ratioReturn per unit of downside risk | +1.95 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.04 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 2.78 | 0.16 | +2.62 |
| Martin ratioReturn relative to average drawdown | 11.03 | 0.34 | +10.69 |
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 | ICGA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.63 | 0.15 | +1.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | -0.15 | +0.81 |
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 | 0.05 | +0.19 |
Drawdowns
CEBG.DE vs. ICGA.DE - Drawdown Comparison
The maximum CEBG.DE drawdown since its inception was -53.49%, roughly equal to the maximum ICGA.DE drawdown of -55.95%. Use the drawdown chart below to compare losses from any high point for CEBG.DE and ICGA.DE.
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Drawdown Indicators
| CEBG.DE | ICGA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.49% | -55.95% | +2.46% |
Max Drawdown (1Y)Largest decline over 1 year | -11.78% | -16.84% | +5.06% |
Max Drawdown (3Y)Largest decline over 3 years | -30.41% | -24.41% | -6.00% |
Max Drawdown (5Y)Largest decline over 5 years | -30.41% | -49.32% | +18.91% |
Max Drawdown (10Y)Largest decline over 10 years | -49.60% | — | — |
Current DrawdownCurrent decline from peak | -4.44% | -32.56% | +28.12% |
Average DrawdownAverage peak-to-trough decline | -15.04% | -28.80% | +13.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 8.08% | -5.10% |
Volatility
CEBG.DE vs. ICGA.DE - Volatility Comparison
VanEck New China ESG UCITS ETF A (CEBG.DE) has a higher volatility of 7.80% compared to iShares MSCI China UCITS ETF USD Acc (ICGA.DE) at 7.19%. This indicates that CEBG.DE's price experiences larger fluctuations and is considered to be riskier than ICGA.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 | ICGA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.80% | 7.19% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 16.73% | 13.31% | +3.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.05% | 18.64% | +1.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.13% | 27.66% | -6.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.18% | 26.97% | -2.79% |
CEBG.DE vs. ICGA.DE - Expense Ratio Comparison
CEBG.DE has a 0.60% expense ratio, which is higher than ICGA.DE's 0.28% expense ratio.
Dividends
CEBG.DE vs. ICGA.DE - Dividend Comparison
Neither CEBG.DE nor ICGA.DE has paid dividends to shareholders.
Frequently Asked Questions
CEBG.DE and ICGA.DE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ICGA.DE is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ICGA.DE is cheaper with a 0.28% expense ratio, compared with 0.60% for CEBG.DE.
CEBG.DE tracks MarketGrader New China ESG, while ICGA.DE tracks MSCI China. Their fees differ too: 0.60% for CEBG.DE and 0.28% for ICGA.DE.
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