CNIE.DE vs. VVMX.DE
CNIE.DE (VanEck New China ESG UCITS ETF A) and VVMX.DE (VanEck Rare Earth and Strategic Metals UCITS ETF A) are both exchange-traded funds - CNIE.DE is a China Equities fund tracking the MarketGrader New China ESG, while VVMX.DE is a Commodity Producers Equities fund tracking the MVIS Global Rare Earth/Strategic Metals. Both are passively managed. Over the past 3 years, CNIE.DE returned -0.19%/yr vs 3.35%/yr for VVMX.DE. At a 0.43 correlation, their price movements are largely independent. CNIE.DE charges 0.60%/yr vs 0.59%/yr for VVMX.DE.
Performance
CNIE.DE vs. VVMX.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 VVMX.DE's 30.24% return.
CNIE.DE
- 1D
- -0.76%
- 1M
- -3.01%
- YTD
- -3.41%
- 6M
- -5.32%
- 1Y
- 6.61%
- 3Y*
- -0.19%
- 5Y*
- —
- 10Y*
- —
VVMX.DE
- 1D
- -1.82%
- 1M
- -10.31%
- YTD
- 30.24%
- 6M
- 34.99%
- 1Y
- 147.14%
- 3Y*
- 3.35%
- 5Y*
- —
- 10Y*
- —
CNIE.DE vs. VVMX.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% |
VVMX.DE VanEck Rare Earth and Strategic Metals UCITS ETF A | 30.24% | 68.45% | -30.81% | -21.17% | -26.46% | 17.29% |
Correlation
The correlation between CNIE.DE and VVMX.DE is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021 | 0.43 |
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Return for Risk
CNIE.DE vs. VVMX.DE — Risk / Return Rank
CNIE.DE
VVMX.DE
CNIE.DE vs. VVMX.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 Rare Earth and Strategic Metals UCITS ETF A (VVMX.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 | VVMX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.94 | ||
| Sortino ratioReturn per unit of downside risk | -2.93 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.44 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.53 | 7.59 | -7.06 |
| Martin ratioReturn relative to average drawdown | 1.17 | 19.66 | -18.49 |
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 | VVMX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.42 | 3.36 | -2.94 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.16 | 0.02 | -0.18 |
Drawdowns
CNIE.DE vs. VVMX.DE - Drawdown Comparison
The maximum CNIE.DE drawdown since its inception was -45.69%, smaller than the maximum VVMX.DE drawdown of -73.26%. Use the drawdown chart below to compare losses from any high point for CNIE.DE and VVMX.DE.
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Drawdown Indicators
| CNIE.DE | VVMX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.69% | -73.26% | +27.57% |
Max Drawdown (1Y)Largest decline over 1 year | -12.45% | -20.40% | +7.95% |
Max Drawdown (3Y)Largest decline over 3 years | -29.20% | -61.55% | +32.35% |
Current DrawdownCurrent decline from peak | -25.25% | -25.51% | +0.26% |
Average DrawdownAverage peak-to-trough decline | -24.67% | -41.23% | +16.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.70% | 7.89% | -2.19% |
Volatility
CNIE.DE vs. VVMX.DE - Volatility Comparison
The current volatility for VanEck New China ESG UCITS ETF A (CNIE.DE) is 4.49%, while VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) has a volatility of 12.59%. This indicates that CNIE.DE experiences smaller price fluctuations and is considered to be less risky than VVMX.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 | VVMX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.49% | 12.59% | -8.10% |
Volatility (6M)Calculated over the trailing 6-month period | 10.68% | 32.22% | -21.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.04% | 46.13% | -30.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.27% | 36.38% | -12.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.27% | 36.38% | -12.11% |
CNIE.DE vs. VVMX.DE - Expense Ratio Comparison
CNIE.DE has a 0.60% expense ratio, which is higher than VVMX.DE's 0.59% expense ratio.
Dividends
CNIE.DE vs. VVMX.DE - Dividend Comparison
Neither CNIE.DE nor VVMX.DE has paid dividends to shareholders.
Frequently Asked Questions
CNIE.DE and VVMX.DE have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VVMX.DE is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VVMX.DE is cheaper with a 0.59% expense ratio, compared with 0.60% for CNIE.DE.
CNIE.DE is categorized as China Equities, while VVMX.DE is Commodity Producers Equities. CNIE.DE tracks MarketGrader New China ESG, while VVMX.DE tracks MVIS Global Rare Earth/Strategic Metals. Their fees differ too: 0.60% for CNIE.DE and 0.59% for VVMX.DE.
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