CHIN.DE vs. CNIE.DE
CHIN.DE (KraneShares ICBCCS S&P China 500 Index UCITS ETF USD) and CNIE.DE (VanEck New China ESG UCITS ETF A) are both China Equities funds - CHIN.DE tracks the S&P China 500 Index while CNIE.DE tracks the MarketGrader New China ESG. Both are passively managed. Over the past year, CHIN.DE returned 26.49% vs 6.61% for CNIE.DE. Their correlation of 0.85 suggests significant overlap in exposure. CHIN.DE charges 0.55%/yr vs 0.60%/yr for CNIE.DE.
Performance
CHIN.DE vs. CNIE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CHIN.DE achieves a 6.22% return, which is significantly higher than CNIE.DE's -3.41% return.
CHIN.DE
- 1D
- -0.55%
- 1M
- -0.17%
- YTD
- 6.22%
- 6M
- 6.27%
- 1Y
- 26.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CNIE.DE
- 1D
- -0.76%
- 1M
- -3.01%
- YTD
- -3.41%
- 6M
- -5.32%
- 1Y
- 6.61%
- 3Y*
- -0.19%
- 5Y*
- —
- 10Y*
- —
CHIN.DE vs. CNIE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CHIN.DE KraneShares ICBCCS S&P China 500 Index UCITS ETF USD | 6.22% | 16.60% | 23.10% | -6.61% |
CNIE.DE VanEck New China ESG UCITS ETF A | -3.41% | 8.76% | 7.28% | -5.08% |
Correlation
The correlation between CHIN.DE and CNIE.DE is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Oct 18, 2023 | 0.85 |
The correlation between CHIN.DE and CNIE.DE has been stable across timeframes, ranging from 0.81 to 0.85 - a consistent structural relationship.
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Return for Risk
CHIN.DE vs. CNIE.DE — Risk / Return Rank
CHIN.DE
CNIE.DE
CHIN.DE vs. CNIE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares ICBCCS S&P China 500 Index UCITS ETF USD (CHIN.DE) and VanEck New China ESG UCITS ETF A (CNIE.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.
| CHIN.DE | CNIE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.15 | ||
| Sortino ratioReturn per unit of downside risk | +1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.08 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | 0.53 | +2.49 |
| Martin ratioReturn relative to average drawdown | 8.15 | 1.17 | +6.98 |
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
| CHIN.DE | CNIE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.57 | 0.42 | +1.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | -0.16 | +0.80 |
Drawdowns
CHIN.DE vs. CNIE.DE - Drawdown Comparison
The maximum CHIN.DE drawdown since its inception was -22.95%, smaller than the maximum CNIE.DE drawdown of -45.69%. Use the drawdown chart below to compare losses from any high point for CHIN.DE and CNIE.DE.
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Drawdown Indicators
| CHIN.DE | CNIE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.95% | -45.69% | +22.74% |
Max Drawdown (1Y)Largest decline over 1 year | -8.84% | -12.45% | +3.61% |
Max Drawdown (3Y)Largest decline over 3 years | — | -29.20% | — |
Current DrawdownCurrent decline from peak | -3.48% | -25.25% | +21.77% |
Average DrawdownAverage peak-to-trough decline | -7.69% | -24.67% | +16.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.29% | 5.70% | -2.41% |
Volatility
CHIN.DE vs. CNIE.DE - Volatility Comparison
KraneShares ICBCCS S&P China 500 Index UCITS ETF USD (CHIN.DE) has a higher volatility of 6.18% compared to VanEck New China ESG UCITS ETF A (CNIE.DE) at 4.49%. This indicates that CHIN.DE's price experiences larger fluctuations and is considered to be riskier than CNIE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CHIN.DE | CNIE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.18% | 4.49% | +1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 12.00% | 10.68% | +1.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.09% | 16.04% | +1.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.41% | 24.27% | -1.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.41% | 24.27% | -1.86% |
CHIN.DE vs. CNIE.DE - Expense Ratio Comparison
CHIN.DE has a 0.55% expense ratio, which is lower than CNIE.DE's 0.60% expense ratio.
Dividends
CHIN.DE vs. CNIE.DE - Dividend Comparison
Neither CHIN.DE nor CNIE.DE has paid dividends to shareholders.
Frequently Asked Questions
CHIN.DE and CNIE.DE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CHIN.DE is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CHIN.DE is cheaper with a 0.55% expense ratio, compared with 0.60% for CNIE.DE.
CHIN.DE tracks S&P China 500 Index, while CNIE.DE tracks MarketGrader New China ESG. They also come from different issuers: KraneShares and VanEck. Their fees differ too: 0.55% for CHIN.DE and 0.60% for CNIE.DE.
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