CNIE.DE vs. TRET.DE
CNIE.DE (VanEck New China ESG UCITS ETF A) and TRET.DE (VanEck Global Real Estate UCITS ETF) are both exchange-traded funds - CNIE.DE is a China Equities fund tracking the MarketGrader New China ESG, while TRET.DE is a REIT fund tracking the GPR Global 100. Both are passively managed. Over the past 3 years, CNIE.DE returned -0.19%/yr vs 7.84%/yr for TRET.DE. At a 0.16 correlation, their price movements are largely independent. CNIE.DE charges 0.60%/yr vs 0.25%/yr for TRET.DE.
Performance
CNIE.DE vs. TRET.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CNIE.DE achieves a -3.41% return, which is significantly lower than TRET.DE's 5.31% return.
CNIE.DE
- 1D
- -0.76%
- 1M
- -3.01%
- YTD
- -3.41%
- 6M
- -5.32%
- 1Y
- 6.61%
- 3Y*
- -0.19%
- 5Y*
- —
- 10Y*
- —
TRET.DE
- 1D
- 0.19%
- 1M
- -3.19%
- YTD
- 5.31%
- 6M
- 4.13%
- 1Y
- 9.15%
- 3Y*
- 7.84%
- 5Y*
- 3.26%
- 10Y*
- —
CNIE.DE vs. TRET.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% |
TRET.DE VanEck Global Real Estate UCITS ETF | 5.31% | 1.87% | 6.86% | 9.89% | -21.28% | 12.31% |
Correlation
The correlation between CNIE.DE and TRET.DE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021 | 0.16 |
The correlation between CNIE.DE and TRET.DE shifts across timeframes, from 0.16 (3 years) to 0.28 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CNIE.DE vs. TRET.DE — Risk / Return Rank
CNIE.DE
TRET.DE
CNIE.DE vs. TRET.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 VanEck Global Real Estate UCITS ETF (TRET.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 | TRET.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.13 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.53 | 1.05 | -0.51 |
| Martin ratioReturn relative to average drawdown | 1.17 | 3.38 | -2.21 |
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
| CNIE.DE | TRET.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.42 | 0.75 | -0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.21 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.16 | 0.22 | -0.38 |
Drawdowns
CNIE.DE vs. TRET.DE - Drawdown Comparison
The maximum CNIE.DE drawdown since its inception was -45.69%, which is greater than TRET.DE's maximum drawdown of -41.75%. Use the drawdown chart below to compare losses from any high point for CNIE.DE and TRET.DE.
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Drawdown Indicators
| CNIE.DE | TRET.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.69% | -41.75% | -3.94% |
Max Drawdown (1Y)Largest decline over 1 year | -12.45% | -8.35% | -4.10% |
Max Drawdown (3Y)Largest decline over 3 years | -29.20% | -18.60% | -10.60% |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.36% | — |
Current DrawdownCurrent decline from peak | -25.25% | -4.46% | -20.79% |
Average DrawdownAverage peak-to-trough decline | -24.67% | -12.19% | -12.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.70% | 2.59% | +3.11% |
Volatility
CNIE.DE vs. TRET.DE - Volatility Comparison
VanEck New China ESG UCITS ETF A (CNIE.DE) has a higher volatility of 4.49% compared to VanEck Global Real Estate UCITS ETF (TRET.DE) at 3.05%. This indicates that CNIE.DE's price experiences larger fluctuations and is considered to be riskier than TRET.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CNIE.DE | TRET.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.49% | 3.05% | +1.44% |
Volatility (6M)Calculated over the trailing 6-month period | 10.68% | 9.21% | +1.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.04% | 11.66% | +4.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.27% | 15.15% | +9.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.27% | 17.83% | +6.44% |
CNIE.DE vs. TRET.DE - Expense Ratio Comparison
CNIE.DE has a 0.60% expense ratio, which is higher than TRET.DE's 0.25% expense ratio.
Dividends
CNIE.DE vs. TRET.DE - Dividend Comparison
CNIE.DE has not paid dividends to shareholders, while TRET.DE's dividend yield for the trailing twelve months is around 3.48%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
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% |
TRET.DE VanEck Global Real Estate UCITS ETF | 3.48% | 3.66% | 3.44% | 3.66% | 4.69% | 1.78% | 4.45% | 3.31% |
Frequently Asked Questions
CNIE.DE and TRET.DE have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TRET.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TRET.DE is cheaper with a 0.25% expense ratio, compared with 0.60% for CNIE.DE.
CNIE.DE is categorized as China Equities, while TRET.DE is REIT. CNIE.DE tracks MarketGrader New China ESG, while TRET.DE tracks GPR Global 100. Their fees differ too: 0.60% for CNIE.DE and 0.25% for TRET.DE.
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