CHIN.L vs. M9SV.L

Last updated Apr 2, 2026

Compare and contrast key facts about ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF (CHIN.L) and Market Access STOXX China A Minimum Variance UCITS ETF (M9SV.L).

CHIN.L and M9SV.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CHIN.L is a passively managed fund by ICBC Credit Suisse Asset Management that tracks the performance of the MSCI China NR USD. It was launched on Jul 26, 2016. M9SV.L is a passively managed fund by China Post Global that tracks the performance of the MSCI China A Onshore NR CNY. It was launched on Jun 7, 2018. Both CHIN.L and M9SV.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

CHIN.L vs. M9SV.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 Market Access STOXX China A Minimum Variance UCITS ETF (M9SV.L). The values are adjusted to include any dividend payments, if applicable.

CHIN.L vs. M9SV.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
CHIN.L ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF	-1.68%	32.57%	14.56%	-13.55%	-25.21%	-9.74%	34.99%	27.63%	-10.74%
M9SV.L Market Access STOXX China A Minimum Variance UCITS ETF	-3.62%	8.52%	28.14%	6.19%	-16.41%	6.55%	26.49%	9.91%	-7.07%

Different Trading Currencies

CHIN.L is traded in USD, while M9SV.L is traded in GBP. To make them comparable, the M9SV.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CHIN.L achieves a -1.68% return, which is significantly higher than M9SV.L's -3.62% return.

CHIN.L

• 1D: 1.71%
• 1M: -3.37%
• YTD: -1.68%
• 6M: -3.39%
• 1Y: 21.14%
• 3Y*: 7.22%
• 5Y*: -2.84%
• 10Y*: —

M9SV.L

• 1D: 0.79%
• 1M: -1.02%
• YTD: -3.62%
• 6M: -0.95%
• 1Y: 7.90%
• 3Y*: 10.18%
• 5Y*: 3.64%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CHIN.L vs. M9SV.L - Expense Ratio Comparison

CHIN.L has a 0.55% expense ratio, which is higher than M9SV.L's 0.45% expense ratio.

CHIN.L

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

M9SV.L

Market Access STOXX China A Minimum Variance UCITS ETF

Return for Risk

CHIN.L vs. M9SV.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: 56
CHIN.L Sharpe Ratio Rank: 56
CHIN.L Sortino Ratio Rank: 52
CHIN.L Omega Ratio Rank: 50
CHIN.L Calmar Ratio Rank: 65
CHIN.L Martin Ratio Rank: 57

M9SV.L

M9SV.L Risk / Return Rank: 21
M9SV.L Sharpe Ratio Rank: 20
M9SV.L Sortino Ratio Rank: 20
M9SV.L Omega Ratio Rank: 18
M9SV.L Calmar Ratio Rank: 23
M9SV.L Martin Ratio Rank: 22

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. M9SV.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 Market Access STOXX China A Minimum Variance UCITS ETF (M9SV.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.

	CHIN.L	M9SV.L	Difference
Sharpe ratio Return per unit of total volatility	1.05	0.55	+0.50
Sortino ratio Return per unit of downside risk	1.45	0.83	+0.62
Omega ratio Gain probability vs. loss probability	1.20	1.11	+0.10
Calmar ratio Return relative to maximum drawdown	1.81	0.99	+0.82
Martin ratio Return relative to average drawdown	6.22	3.21	+3.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CHIN.L vs. M9SV.L - Sharpe Ratio Comparison

The current CHIN.L Sharpe Ratio is 1.05, which is higher than the M9SV.L Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of CHIN.L and M9SV.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CHIN.L	M9SV.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.05	0.55	+0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.12	0.17	-0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.31	-0.09

Correlation

The correlation between CHIN.L and M9SV.L is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CHIN.L vs. M9SV.L - Dividend Comparison

Neither CHIN.L nor M9SV.L has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
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%
M9SV.L Market Access STOXX China A Minimum Variance UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CHIN.L vs. M9SV.L - Drawdown Comparison

The maximum CHIN.L drawdown since its inception was -55.89%, which is greater than M9SV.L's maximum drawdown of -30.47%. Use the drawdown chart below to compare losses from any high point for CHIN.L and M9SV.L.

Drawdown Indicators

	CHIN.L	M9SV.L	Difference
Max Drawdown Largest peak-to-trough decline	-55.89%	-21.64%	-34.25%
Max Drawdown (1Y) Largest decline over 1 year	-13.18%	-8.71%	-4.47%
Max Drawdown (5Y) Largest decline over 5 years	-49.89%	-21.64%	-28.25%
Current Drawdown Current decline from peak	-25.96%	-12.48%	-13.48%
Average Drawdown Average peak-to-trough decline	-24.76%	-7.77%	-16.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.46%	2.98%	+0.48%

Volatility

CHIN.L vs. M9SV.L - Volatility Comparison

ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF (CHIN.L) has a higher volatility of 5.71% compared to Market Access STOXX China A Minimum Variance UCITS ETF (M9SV.L) at 4.30%. This indicates that CHIN.L's price experiences larger fluctuations and is considered to be riskier than M9SV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHIN.L	M9SV.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.71%	4.30%	+1.41%
Volatility (6M) Calculated over the trailing 6-month period	12.96%	8.80%	+4.16%
Volatility (1Y) Calculated over the trailing 1-year period	20.01%	14.36%	+5.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.31%	20.92%	+3.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.85%	21.18%	+1.67%