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CHIN.L vs. JREC.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CHIN.L vs. JREC.L

Last updated Jul 16, 2026
Documentation

CHIN.L (ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF) and JREC.L (JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc)) are both China Equities funds. CHIN.L is passively managed, while JREC.L is actively managed. Over the past 3 years, CHIN.L returned 11.38%/yr vs 11.15%/yr for JREC.L. Their correlation of 0.85 suggests significant overlap in exposure.

Performance

CHIN.L vs. JREC.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF (CHIN.L) and JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc) (JREC.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CHIN.L achieves a 2.44% return, which is significantly lower than JREC.L's 9.52% return.

CHIN.L

1D
-0.31%
1M
-2.50%
6M
-1.54%
YTD
2.44%
1Y
21.00%
3Y*
11.38%
5Y*
-1.65%
10Y*
—

JREC.L

1D
-0.77%
1M
-1.91%
6M
6.51%
YTD
9.52%
1Y
32.83%
3Y*
11.15%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

CHIN.L vs. JREC.L - Yearly Performance Comparison

2026 (YTD)2025202420232022
CHIN.L
ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF		2.44%32.60%14.52%-13.55%-21.22%
JREC.L
JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc)		9.52%28.38%9.65%-13.02%-19.50%

Correlation

The correlation between CHIN.L and JREC.L is 0.92, 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

0.92

Correlation (3Y)
Calculated over the trailing 3-year period

0.90

Correlation (All Time)
Calculated using the full available price history since Feb 15, 2022

0.86

The correlation between CHIN.L and JREC.L has been stable across timeframes, ranging from 0.85 to 0.92 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF

JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc)

Often compared with CHIN.L:
CHIN.L vs. 2331.HKCHIN.L vs. CNYACHIN.L vs. RQFI.LCHIN.L vs. LICHIN.L vs. XCNA.LCHIN.L vs. M9SV.LCHIN.L vs. AH50.L

Return for Risk

CHIN.L vs. JREC.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CHIN.L
CHIN.L Risk / Return Rank: 4040
Overall Rank
CHIN.L Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
CHIN.L Sortino Ratio Rank: 3535
Sortino Ratio Rank
CHIN.L Omega Ratio Rank: 3333
Omega Ratio Rank
CHIN.L Calmar Ratio Rank: 5757
Calmar Ratio Rank
CHIN.L Martin Ratio Rank: 4040
Martin Ratio Rank
JREC.L
JREC.L Risk / Return Rank: 7474
Overall Rank
JREC.L Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
JREC.L Sortino Ratio Rank: 6767
Sortino Ratio Rank
JREC.L Omega Ratio Rank: 6565
Omega Ratio Rank
JREC.L Calmar Ratio Rank: 9191
Calmar Ratio Rank
JREC.L Martin Ratio Rank: 7979
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CHIN.L vs. JREC.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF (CHIN.L) and JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc) (JREC.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.

CHIN.LJREC.LDifference
Sharpe ratioReturn per unit of total volatility
1.07
1.74

-0.68

Sortino ratioReturn per unit of downside risk
1.58
2.47

-0.88

Omega ratioGain probability vs. loss probability

1.19

1.31

-0.12

Calmar ratioReturn relative to maximum drawdown

2.32

4.53

-2.21

Martin ratioReturn relative to average drawdown

5.26

12.00

-6.75

CHIN.L vs. JREC.L - Sharpe Ratio Comparison

The current CHIN.L Sharpe Ratio is 1.07, which is lower than the JREC.L Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of CHIN.L and JREC.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

CHIN.L vs. JREC.L - Drawdown Comparison

The maximum CHIN.L drawdown since its inception was -55.88%, which is greater than JREC.L's maximum drawdown of -37.92%. Use the drawdown chart below to compare losses from any high point for CHIN.L and JREC.L.

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Drawdown Indicators

CHIN.LJREC.LDifference

Max Drawdown

Largest peak-to-trough decline

-55.88%

-37.92%

-17.96%

Max Drawdown (1Y)

Largest decline over 1 year

-9.01%

-7.22%

-1.79%

Max Drawdown (3Y)

Largest decline over 3 years

-24.03%

-27.06%

+3.03%

Max Drawdown (5Y)

Largest decline over 5 years

-47.37%

—

—

Current Drawdown

Current decline from peak

-22.87%

-5.30%

-17.57%

Average Drawdown

Average peak-to-trough decline

-24.38%

-18.94%

-5.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.99%

2.73%

+1.26%

Volatility

CHIN.L vs. JREC.L - Volatility Comparison

The current volatility for ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF (CHIN.L) is 6.60%, while JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc) (JREC.L) has a volatility of 8.90%. This indicates that CHIN.L experiences smaller price fluctuations and is considered to be less risky than JREC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CHIN.LJREC.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.60%

8.90%

-2.30%

Volatility (6M)

Calculated over the trailing 6-month period

14.43%

14.69%

-0.26%

Volatility (1Y)

Calculated over the trailing 1-year period

19.63%

18.76%

+0.87%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.54%

23.02%

+1.52%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.03%

23.02%

+0.01%

Dividends

CHIN.L vs. JREC.L - Dividend Comparison

Neither CHIN.L nor JREC.L has paid dividends to shareholders.

PositionTTM2025202420232022202120202019
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%
JREC.L
JPM China A Research Enhanced Index Equity Active UCITS ETF - USD (acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.92, CHIN.L and JREC.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

They also come from different issuers: ICBC Credit Suisse Asset Management and ETF Issuer.

Portfolio Optimizer

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