CEBG.L vs. CHIN.L
CEBG.L (VanEck New China ESG UCITS ETF A) and CHIN.L (ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF) are both China Equities funds tracking the MSCI China NR USD, from VanEck and ICBC Credit Suisse Asset Management respectively. Both are passively managed. Over the past 3 years, CEBG.L returned 0.68%/yr vs 12.42%/yr for CHIN.L. A 0.80 correlation means they provide meaningful diversification when combined. CEBG.L charges 0.60%/yr vs 0.55%/yr for CHIN.L.
Performance
CEBG.L vs. CHIN.L - Performance Comparison
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Different Trading Currencies
CEBG.L is traded in GBP, while CHIN.L is traded in USD. To make them comparable, the CHIN.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 -5.78% return, which is significantly lower than CHIN.L's 6.61% return.
CEBG.L
- 1D
- 0.00%
- 1M
- -3.54%
- YTD
- -5.78%
- 6M
- -6.28%
- 1Y
- 6.18%
- 3Y*
- 0.68%
- 5Y*
- —
- 10Y*
- —
CHIN.L
- 1D
- 0.34%
- 1M
- 0.47%
- YTD
- 6.61%
- 6M
- 6.74%
- 1Y
- 29.05%
- 3Y*
- 12.42%
- 5Y*
- -0.87%
- 10Y*
- —
CEBG.L vs. CHIN.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CEBG.L VanEck New China ESG UCITS ETF A | -5.78% | 15.45% | 1.26% | -14.25% | -19.48% | -21.21% |
CHIN.L ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF | 6.61% | 23.15% | 16.52% | -17.87% | -16.32% | 1.02% |
Correlation
The correlation between CEBG.L and CHIN.L is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2021 | 0.80 |
The correlation between CEBG.L and CHIN.L has been stable across timeframes, ranging from 0.78 to 0.80 - a consistent structural relationship.
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Return for Risk
CEBG.L vs. CHIN.L — Risk / Return Rank
CEBG.L
CHIN.L
CEBG.L vs. CHIN.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 ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF (CHIN.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.
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.L | CHIN.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.28 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.44 | 3.27 | -2.83 |
| Martin ratioReturn relative to average drawdown | 0.93 | 8.06 | -7.13 |
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Drawdowns
CEBG.L vs. CHIN.L - Drawdown Comparison
The maximum CEBG.L drawdown since its inception was -57.08%, which is greater than CHIN.L's maximum drawdown of -51.46%. Use the drawdown chart below to compare losses from any high point for CEBG.L and CHIN.L.
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Drawdown Indicators
| CEBG.L | CHIN.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.08% | -51.46% | -5.62% |
Max Drawdown (1Y)Largest decline over 1 year | -14.08% | -8.84% | -5.24% |
Max Drawdown (3Y)Largest decline over 3 years | -29.32% | -22.60% | -6.72% |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.93% | — |
Current DrawdownCurrent decline from peak | -40.55% | -17.22% | -23.33% |
Average DrawdownAverage peak-to-trough decline | -39.55% | -20.64% | -18.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.64% | 3.59% | +3.05% |
Volatility
CEBG.L vs. CHIN.L - Volatility Comparison
The current volatility for VanEck New China ESG UCITS ETF A (CEBG.L) is 3.61%, while ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF (CHIN.L) has a volatility of 6.06%. This indicates that CEBG.L experiences smaller price fluctuations and is considered to be less risky than CHIN.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 | CHIN.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.61% | 6.06% | -2.45% |
Volatility (6M)Calculated over the trailing 6-month period | 10.69% | 13.11% | -2.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.89% | 18.36% | -2.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.10% | 23.34% | +3.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.10% | 22.69% | +4.41% |
CEBG.L vs. CHIN.L - Expense Ratio Comparison
CEBG.L has a 0.60% expense ratio, which is higher than CHIN.L's 0.55% expense ratio.
Dividends
CEBG.L vs. CHIN.L - Dividend Comparison
Neither CEBG.L nor CHIN.L has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CEBG.L VanEck New China ESG UCITS ETF A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CHIN.L ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 1.33% | 1.01% | 1.19% | 2.38% |
Frequently Asked Questions
CEBG.L and CHIN.L have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CHIN.L is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CHIN.L is cheaper with a 0.55% expense ratio, compared with 0.60% for CEBG.L.
Both ETFs track MSCI China NR USD. They also come from different issuers: VanEck and ICBC Credit Suisse Asset Management. Their fees differ too: 0.60% for CEBG.L and 0.55% for CHIN.L.
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