CEBG.L vs. C300.L
CEBG.L (VanEck New China ESG UCITS ETF A) and C300.L (Invesco S&P China A 300 Swap UCITS ETF Acc) are both China Equities funds - CEBG.L tracks the MSCI China NR USD while C300.L tracks the S&P China A 300 Index. Both are passively managed. Over the past 3 years, CEBG.L returned -0.04%/yr vs 13.94%/yr for C300.L. Their correlation of 0.80 suggests significant overlap in exposure. CEBG.L charges 0.60%/yr vs 0.35%/yr for C300.L.
Performance
CEBG.L vs. C300.L - Performance Comparison
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Different Trading Currencies
CEBG.L is traded in GBP, while C300.L is traded in USD. To make them comparable, the C300.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, CEBG.L achieves a -3.84% return, which is significantly lower than C300.L's 15.06% return.
CEBG.L
- 1D
- -0.71%
- 1M
- -2.19%
- YTD
- -3.84%
- 6M
- -5.52%
- 1Y
- 9.77%
- 3Y*
- -0.04%
- 5Y*
- —
- 10Y*
- —
C300.L
- 1D
- -0.55%
- 1M
- 4.41%
- YTD
- 15.06%
- 6M
- 18.59%
- 1Y
- 51.03%
- 3Y*
- 13.94%
- 5Y*
- —
- 10Y*
- —
CEBG.L vs. C300.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CEBG.L VanEck New China ESG UCITS ETF A | -3.84% | 15.45% | 1.26% | -14.25% | 6.84% |
C300.L Invesco S&P China A 300 Swap UCITS ETF Acc | 15.06% | 24.25% | 16.79% | -16.21% | 3.69% |
Correlation
The correlation between CEBG.L and C300.L is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since May 10, 2022 | 0.80 |
The correlation between CEBG.L and C300.L has been stable across timeframes, ranging from 0.75 to 0.80 - a consistent structural relationship.
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Return for Risk
CEBG.L vs. C300.L — Risk / Return Rank
CEBG.L
C300.L
CEBG.L vs. C300.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck New China ESG UCITS ETF A (CEBG.L) and Invesco S&P China A 300 Swap UCITS ETF Acc (C300.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.
| CEBG.L | C300.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.36 | ||
| Sortino ratioReturn per unit of downside risk | -2.95 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.53 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | 7.50 | -6.77 |
| Martin ratioReturn relative to average drawdown | 1.65 | 22.25 | -20.59 |
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.L | C300.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 2.98 | -2.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.16 | 0.45 | -0.61 |
Drawdowns
CEBG.L vs. C300.L - Drawdown Comparison
The maximum CEBG.L drawdown since its inception was -46.41%, which is greater than C300.L's maximum drawdown of -34.94%. Use the drawdown chart below to compare losses from any high point for CEBG.L and C300.L.
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Drawdown Indicators
| CEBG.L | C300.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.41% | -34.94% | -11.47% |
Max Drawdown (1Y)Largest decline over 1 year | -13.28% | -6.77% | -6.51% |
Max Drawdown (3Y)Largest decline over 3 years | -30.10% | -26.04% | -4.06% |
Current DrawdownCurrent decline from peak | -24.24% | -0.88% | -23.36% |
Average DrawdownAverage peak-to-trough decline | -24.43% | -15.41% | -9.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.89% | 2.29% | +3.60% |
Volatility
CEBG.L vs. C300.L - Volatility Comparison
The current volatility for VanEck New China ESG UCITS ETF A (CEBG.L) is 4.18%, while Invesco S&P China A 300 Swap UCITS ETF Acc (C300.L) has a volatility of 5.67%. This indicates that CEBG.L experiences smaller price fluctuations and is considered to be less risky than C300.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CEBG.L | C300.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.18% | 5.67% | -1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 10.61% | 12.24% | -1.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.81% | 17.06% | -1.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.29% | 21.19% | +3.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.29% | 21.19% | +3.10% |
CEBG.L vs. C300.L - Expense Ratio Comparison
CEBG.L has a 0.60% expense ratio, which is higher than C300.L's 0.35% expense ratio.
Dividends
CEBG.L vs. C300.L - Dividend Comparison
Neither CEBG.L nor C300.L has paid dividends to shareholders.
Frequently Asked Questions
CEBG.L and C300.L have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, C300.L is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
C300.L is cheaper with a 0.35% expense ratio, compared with 0.60% for CEBG.L.
CEBG.L tracks MSCI China NR USD, while C300.L tracks S&P China A 300 Index. They also come from different issuers: VanEck and Invesco. Their fees differ too: 0.60% for CEBG.L and 0.35% for C300.L.
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