CHIP.L vs. CHIN.L

Last updated Apr 2, 2026

Compare and contrast key facts about ICBC Credit Suisse WisdomTree S&P China 500 UCITS ETF Class B USD Inc (CHIP.L) and ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF (CHIN.L).

CHIP.L and CHIN.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CHIP.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. 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. Both CHIP.L and CHIN.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

CHIP.L vs. CHIN.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in ICBC Credit Suisse WisdomTree S&P China 500 UCITS ETF Class B USD Inc (CHIP.L) and ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF (CHIN.L). The values are adjusted to include any dividend payments, if applicable.

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CHIP.L ICBC Credit Suisse WisdomTree S&P China 500 UCITS ETF Class B USD Inc	-0.76%	23.30%	16.51%	-99.18%	-16.19%	-8.56%	30.42%	23.66%	-20.92%	34.83%
CHIN.L ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF	-0.06%	23.12%	16.56%	-17.87%	-16.32%	-8.88%	31.02%	22.78%	-20.78%	35.18%

Different Trading Currencies

CHIP.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, CHIP.L achieves a -0.76% return, which is significantly lower than CHIN.L's -0.06% return.

CHIP.L

• 1D: 0.60%
• 1M: -3.30%
• YTD: -0.76%
• 6M: -2.38%
• 1Y: 17.28%
• 3Y*: -77.49%
• 5Y*: -61.05%
• 10Y*: —

CHIN.L

• 1D: 1.48%
• 1M: -2.27%
• YTD: -0.06%
• 6M: -1.76%
• 1Y: 18.10%
• 3Y*: 4.68%
• 5Y*: -2.02%
• 10Y*: —

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

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

Both CHIP.L and CHIN.L have an expense ratio of 0.55%.

CHIP.L

ICBC Credit Suisse WisdomTree S&P China 500 UCITS ETF Class B USD Inc

CHIN.L

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

Return for Risk

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CHIP.L

CHIP.L Risk / Return Rank: 50
CHIP.L Sharpe Ratio Rank: 48
CHIP.L Sortino Ratio Rank: 44
CHIP.L Omega Ratio Rank: 42
CHIP.L Calmar Ratio Rank: 70
CHIP.L Martin Ratio Rank: 48

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

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.

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

This table presents a comparison of risk-adjusted performance metrics for ICBC Credit Suisse WisdomTree S&P China 500 UCITS ETF Class B USD Inc (CHIP.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.

	CHIP.L	CHIN.L	Difference
Sharpe ratio Return per unit of total volatility	0.93	0.94	-0.01
Sortino ratio Return per unit of downside risk	1.29	1.33	-0.05
Omega ratio Gain probability vs. loss probability	1.18	1.18	0.00
Calmar ratio Return relative to maximum drawdown	1.99	2.07	-0.08
Martin ratio Return relative to average drawdown	5.09	5.14	-0.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current CHIP.L Sharpe Ratio is 0.93, which is comparable to the CHIN.L Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of CHIP.L and CHIN.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

	CHIP.L	CHIN.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	0.94	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-1.22	-0.09	-1.14
Sharpe Ratio (All Time) Calculated using the full available price history	-0.90	0.22	-1.12

Correlation

The correlation between CHIP.L and CHIN.L is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CHIP.L vs. CHIN.L - Dividend Comparison

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

	TTM	2025	2024	2023	2022	2021	2020	2019
CHIP.L ICBC Credit Suisse WisdomTree S&P China 500 UCITS ETF Class B USD Inc	0.00%	0.00%	0.00%	0.00%	1.31%	0.97%	1.31%	2.48%
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%

Drawdowns

CHIP.L vs. CHIN.L - Drawdown Comparison

The maximum CHIP.L drawdown since its inception was -99.52%, which is greater than CHIN.L's maximum drawdown of -51.47%. Use the drawdown chart below to compare losses from any high point for CHIP.L and CHIN.L.

Drawdown Indicators

	CHIP.L	CHIN.L	Difference
Max Drawdown Largest peak-to-trough decline	-99.52%	-55.89%	-43.63%
Max Drawdown (1Y) Largest decline over 1 year	-11.60%	-13.18%	+1.58%
Max Drawdown (5Y) Largest decline over 5 years	-99.44%	-49.89%	-49.55%
Current Drawdown Current decline from peak	-99.23%	-25.96%	-73.27%
Average Drawdown Average peak-to-trough decline	-36.88%	-24.76%	-12.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.52%	3.46%	+0.06%

Volatility

CHIP.L vs. CHIN.L - Volatility Comparison

The current volatility for ICBC Credit Suisse WisdomTree S&P China 500 UCITS ETF Class B USD Inc (CHIP.L) is 5.32%, while ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF (CHIN.L) has a volatility of 6.25%. This indicates that CHIP.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.

Volatility by Period

	CHIP.L	CHIN.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.32%	6.25%	-0.93%
Volatility (6M) Calculated over the trailing 6-month period	12.91%	13.19%	-0.28%
Volatility (1Y) Calculated over the trailing 1-year period	18.49%	19.18%	-0.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.89%	23.21%	+26.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.82%	22.51%	+16.31%