CEW vs. CBON
Compare and contrast key facts about WisdomTree Emerging Currency Strategy Fund (CEW) and VanEck Vectors ChinaAMC China Bond ETF (CBON).
CEW and CBON are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CEW is an actively managed fund by WisdomTree. It was launched on May 6, 2009. CBON is a passively managed fund by VanEck that tracks the performance of the ChinaBond China High Quality Bond Index. It was launched on Nov 10, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CEW or CBON.
Correlation
The correlation between CEW and CBON is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CEW vs. CBON - Performance Comparison
Key characteristics
CEW:
1.01
CBON:
0.56
CEW:
1.50
CBON:
0.86
CEW:
1.19
CBON:
1.11
CEW:
0.43
CBON:
0.38
CEW:
2.74
CBON:
1.28
CEW:
2.45%
CBON:
2.24%
CEW:
6.69%
CBON:
5.09%
CEW:
-27.80%
CBON:
-14.13%
CEW:
-10.25%
CBON:
-4.84%
Returns By Period
In the year-to-date period, CEW achieves a 4.87% return, which is significantly higher than CBON's 0.51% return. Over the past 10 years, CEW has underperformed CBON with an annualized return of 0.83%, while CBON has yielded a comparatively higher 1.92% annualized return.
CEW
4.87%
0.45%
1.55%
6.03%
3.25%
0.83%
CBON
0.51%
0.24%
-0.64%
2.58%
2.50%
1.92%
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CEW vs. CBON - Expense Ratio Comparison
CEW has a 0.55% expense ratio, which is higher than CBON's 0.50% expense ratio.
Risk-Adjusted Performance
CEW vs. CBON — Risk-Adjusted Performance Rank
CEW
CBON
CEW vs. CBON - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Currency Strategy Fund (CEW) and VanEck Vectors ChinaAMC China Bond ETF (CBON). 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.
Dividends
CEW vs. CBON - Dividend Comparison
CEW's dividend yield for the trailing twelve months is around 5.17%, more than CBON's 1.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEW WisdomTree Emerging Currency Strategy Fund | 5.17% | 5.42% | 2.00% | 0.80% | 0.00% | 0.64% | 1.90% | 1.87% | 0.00% | 0.00% | 0.00% | 0.12% |
CBON VanEck Vectors ChinaAMC China Bond ETF | 1.97% | 2.15% | 3.01% | 2.70% | 3.05% | 2.87% | 3.87% | 3.39% | 3.33% | 3.25% | 2.78% | 0.28% |
Drawdowns
CEW vs. CBON - Drawdown Comparison
The maximum CEW drawdown since its inception was -27.80%, which is greater than CBON's maximum drawdown of -14.13%. Use the drawdown chart below to compare losses from any high point for CEW and CBON. For additional features, visit the drawdowns tool.
Volatility
CEW vs. CBON - Volatility Comparison
WisdomTree Emerging Currency Strategy Fund (CEW) has a higher volatility of 3.49% compared to VanEck Vectors ChinaAMC China Bond ETF (CBON) at 1.96%. This indicates that CEW's price experiences larger fluctuations and is considered to be riskier than CBON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.