CNIE.DE vs. IQQC.DE
CNIE.DE (VanEck New China ESG UCITS ETF A) and IQQC.DE (iShares China Large Cap UCITS ETF) are both China Equities funds - CNIE.DE tracks the MarketGrader New China ESG while IQQC.DE tracks the FTSE China 50. Both are passively managed. Over the past 3 years, CNIE.DE returned -0.19%/yr vs 8.94%/yr for IQQC.DE. A 0.70 correlation means they provide meaningful diversification when combined. CNIE.DE charges 0.60%/yr vs 0.74%/yr for IQQC.DE.
Performance
CNIE.DE vs. IQQC.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CNIE.DE achieves a -3.41% return, which is significantly higher than IQQC.DE's -7.00% return.
CNIE.DE
- 1D
- -0.76%
- 1M
- -3.01%
- YTD
- -3.41%
- 6M
- -5.32%
- 1Y
- 6.61%
- 3Y*
- -0.19%
- 5Y*
- —
- 10Y*
- —
IQQC.DE
- 1D
- -0.30%
- 1M
- -3.70%
- YTD
- -7.00%
- 6M
- -9.66%
- 1Y
- -2.21%
- 3Y*
- 8.94%
- 5Y*
- -2.24%
- 10Y*
- 2.69%
CNIE.DE vs. IQQC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CNIE.DE VanEck New China ESG UCITS ETF A | -3.41% | 8.76% | 7.28% | -12.40% | -22.84% | 8.74% |
IQQC.DE iShares China Large Cap UCITS ETF | -7.00% | 14.32% | 39.12% | -16.33% | -13.36% | -4.10% |
Correlation
The correlation between CNIE.DE and IQQC.DE is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021 | 0.70 |
The correlation between CNIE.DE and IQQC.DE has been stable across timeframes, ranging from 0.70 to 0.71 - 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.
Return for Risk
CNIE.DE vs. IQQC.DE — Risk / Return Rank
CNIE.DE
IQQC.DE
CNIE.DE vs. IQQC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck New China ESG UCITS ETF A (CNIE.DE) and iShares China Large Cap UCITS ETF (IQQC.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.
| CNIE.DE | IQQC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.00 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.53 | -0.11 | +0.64 |
| Martin ratioReturn relative to average drawdown | 1.17 | -0.23 | +1.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CNIE.DE | IQQC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.42 | -0.09 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.08 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.11 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.16 | 0.17 | -0.33 |
Drawdowns
CNIE.DE vs. IQQC.DE - Drawdown Comparison
The maximum CNIE.DE drawdown since its inception was -45.69%, smaller than the maximum IQQC.DE drawdown of -67.50%. Use the drawdown chart below to compare losses from any high point for CNIE.DE and IQQC.DE.
Loading charts...
Drawdown Indicators
| CNIE.DE | IQQC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.69% | -67.50% | +21.81% |
Max Drawdown (1Y)Largest decline over 1 year | -12.45% | -15.24% | +2.79% |
Max Drawdown (3Y)Largest decline over 3 years | -29.20% | -27.71% | -1.49% |
Max Drawdown (5Y)Largest decline over 5 years | — | -47.35% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -53.92% | — |
Current DrawdownCurrent decline from peak | -25.25% | -24.02% | -1.23% |
Average DrawdownAverage peak-to-trough decline | -24.67% | -28.16% | +3.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.70% | 7.16% | -1.46% |
Volatility
CNIE.DE vs. IQQC.DE - Volatility Comparison
The current volatility for VanEck New China ESG UCITS ETF A (CNIE.DE) is 4.49%, while iShares China Large Cap UCITS ETF (IQQC.DE) has a volatility of 6.75%. This indicates that CNIE.DE experiences smaller price fluctuations and is considered to be less risky than IQQC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CNIE.DE | IQQC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.49% | 6.75% | -2.26% |
Volatility (6M)Calculated over the trailing 6-month period | 10.68% | 12.55% | -1.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.04% | 17.72% | -1.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.27% | 28.20% | -3.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.27% | 25.07% | -0.80% |
CNIE.DE vs. IQQC.DE - Expense Ratio Comparison
CNIE.DE has a 0.60% expense ratio, which is lower than IQQC.DE's 0.74% expense ratio.
Dividends
CNIE.DE vs. IQQC.DE - Dividend Comparison
CNIE.DE has not paid dividends to shareholders, while IQQC.DE's dividend yield for the trailing twelve months is around 1.92%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNIE.DE VanEck New China ESG UCITS ETF A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IQQC.DE iShares China Large Cap UCITS ETF | 1.92% | 1.78% | 2.26% | 2.52% | 2.51% | 1.85% | 2.51% | 2.45% | 3.03% | 2.38% | 2.33% | 2.63% |
Frequently Asked Questions
CNIE.DE and IQQC.DE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CNIE.DE is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CNIE.DE is cheaper with a 0.60% expense ratio, compared with 0.74% for IQQC.DE.
CNIE.DE tracks MarketGrader New China ESG, while IQQC.DE tracks FTSE China 50. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.60% for CNIE.DE and 0.74% for IQQC.DE.
Find the right allocation for CNIE.DE and IQQC.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer