CEBG.DE vs. M9SV.DE
CEBG.DE (VanEck New China ESG UCITS ETF A) and M9SV.DE (Market Access STOXX China A Minimum Variance Index UCITS ETF C EUR) are both China Equities funds - CEBG.DE tracks the MarketGrader New China ESG while M9SV.DE tracks the STOXX China A 900 Minimum Variance Unconstrained AM Index. Both are passively managed. Over the past 5 years, CEBG.DE returned 13.57%/yr vs 4.55%/yr for M9SV.DE. At a 0.21 correlation, their price movements are largely independent. CEBG.DE charges 0.60%/yr vs 0.45%/yr for M9SV.DE.
Performance
CEBG.DE vs. M9SV.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CEBG.DE achieves a 13.21% return, which is significantly higher than M9SV.DE's -4.50% return.
CEBG.DE
- 1D
- 0.97%
- 1M
- -2.23%
- 6M
- 7.20%
- YTD
- 13.21%
- 1Y
- 36.02%
- 3Y*
- 9.97%
- 5Y*
- 13.57%
- 10Y*
- 6.51%
M9SV.DE
- 1D
- -1.69%
- 1M
- -4.54%
- 6M
- -6.05%
- YTD
- -4.50%
- 1Y
- 0.43%
- 3Y*
- 6.93%
- 5Y*
- 4.55%
- 10Y*
- —
CEBG.DE vs. M9SV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
CEBG.DE VanEck New China ESG UCITS ETF A | 13.21% | 38.75% | -22.52% | 33.05% | 5.85% | 26.86% | -10.03% | 15.73% | -2.71% |
M9SV.DE Market Access STOXX China A Minimum Variance Index UCITS ETF C EUR | -4.50% | -5.32% | 37.47% | 2.90% | -11.14% | 18.00% | 14.68% | 7.74% | -16.71% |
Correlation
The correlation between CEBG.DE and M9SV.DE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jun 7, 2018 | 0.21 |
The correlation between CEBG.DE and M9SV.DE shifts across timeframes, from 0.10 (3 years) to 0.21 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CEBG.DE vs. M9SV.DE — Risk / Return Rank
CEBG.DE
M9SV.DE
CEBG.DE vs. M9SV.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 Market Access STOXX China A Minimum Variance Index UCITS ETF C EUR (M9SV.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.
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.
| CEBG.DE | M9SV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.61 | ||
| Sortino ratioReturn per unit of downside risk | +2.18 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.03 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 3.04 | 0.18 | +2.87 |
| Martin ratioReturn relative to average drawdown | 11.37 | 0.41 | +10.96 |
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Drawdowns
CEBG.DE vs. M9SV.DE - Drawdown Comparison
The maximum CEBG.DE drawdown since its inception was -53.49%, which is greater than M9SV.DE's maximum drawdown of -23.79%. Use the drawdown chart below to compare losses from any high point for CEBG.DE and M9SV.DE.
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Drawdown Indicators
| CEBG.DE | M9SV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.49% | -23.79% | -29.70% |
Max Drawdown (1Y)Largest decline over 1 year | -11.78% | -7.48% | -4.30% |
Max Drawdown (3Y)Largest decline over 3 years | -30.41% | -23.79% | -6.62% |
Max Drawdown (5Y)Largest decline over 5 years | -30.41% | -23.79% | -6.62% |
Max Drawdown (10Y)Largest decline over 10 years | -49.60% | — | — |
Current DrawdownCurrent decline from peak | -3.24% | -17.81% | +14.57% |
Average DrawdownAverage peak-to-trough decline | -14.87% | -9.52% | -5.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 3.21% | -0.05% |
Volatility
CEBG.DE vs. M9SV.DE - Volatility Comparison
VanEck New China ESG UCITS ETF A (CEBG.DE) has a higher volatility of 5.21% compared to Market Access STOXX China A Minimum Variance Index UCITS ETF C EUR (M9SV.DE) at 3.73%. This indicates that CEBG.DE's price experiences larger fluctuations and is considered to be riskier than M9SV.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 | M9SV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.21% | 3.73% | +1.48% |
Volatility (6M)Calculated over the trailing 6-month period | 17.33% | 7.51% | +9.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.81% | 11.20% | +9.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.23% | 20.43% | +0.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.08% | 21.49% | +2.59% |
CEBG.DE vs. M9SV.DE - Expense Ratio Comparison
CEBG.DE has a 0.60% expense ratio, which is higher than M9SV.DE's 0.45% expense ratio.
Dividends
CEBG.DE vs. M9SV.DE - Dividend Comparison
Neither CEBG.DE nor M9SV.DE has paid dividends to shareholders.
Frequently Asked Questions
CEBG.DE and M9SV.DE have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, M9SV.DE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
M9SV.DE is cheaper with a 0.45% expense ratio, compared with 0.60% for CEBG.DE.
CEBG.DE tracks MarketGrader New China ESG, while M9SV.DE tracks STOXX China A 900 Minimum Variance Unconstrained AM Index. They also come from different issuers: iShares and Market Access. Their fees differ too: 0.60% for CEBG.DE and 0.45% for M9SV.DE.
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