DBX9.DE vs. CNIE.DE
DBX9.DE (Xtrackers FTSE China 50 UCITS ETF 1C) and CNIE.DE (VanEck New China ESG UCITS ETF A) are both China Equities funds - DBX9.DE tracks the FTSE China 50 while CNIE.DE tracks the MarketGrader New China ESG. Both are passively managed. Over the past 3 years, DBX9.DE returned 13.37%/yr vs -0.19%/yr for CNIE.DE. A 0.71 correlation means they provide meaningful diversification when combined. Both charge a 0.60% expense ratio.
Performance
DBX9.DE vs. CNIE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBX9.DE achieves a 9.85% return, which is significantly higher than CNIE.DE's -3.41% return.
DBX9.DE
- 1D
- -0.73%
- 1M
- 0.37%
- YTD
- 9.85%
- 6M
- 11.95%
- 1Y
- 33.01%
- 3Y*
- 13.37%
- 5Y*
- 0.17%
- 10Y*
- 3.94%
CNIE.DE
- 1D
- -0.76%
- 1M
- -3.01%
- YTD
- -3.41%
- 6M
- -5.32%
- 1Y
- 6.61%
- 3Y*
- -0.19%
- 5Y*
- —
- 10Y*
- —
DBX9.DE vs. CNIE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DBX9.DE Xtrackers FTSE China 50 UCITS ETF 1C | 9.85% | 10.01% | 37.68% | -16.44% | -13.62% | -4.06% |
CNIE.DE VanEck New China ESG UCITS ETF A | -3.41% | 8.76% | 7.28% | -12.40% | -22.84% | 8.74% |
Correlation
The correlation between DBX9.DE and CNIE.DE is 0.76, 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 | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021 | 0.71 |
The correlation between DBX9.DE and CNIE.DE has been stable across timeframes, ranging from 0.71 to 0.76 - a consistent structural relationship.
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Return for Risk
DBX9.DE vs. CNIE.DE — Risk / Return Rank
DBX9.DE
CNIE.DE
DBX9.DE vs. CNIE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers FTSE China 50 UCITS ETF 1C (DBX9.DE) and VanEck New China ESG UCITS ETF A (CNIE.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.
| DBX9.DE | CNIE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.08 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 1.90 | 0.53 | +1.36 |
| Martin ratioReturn relative to average drawdown | 3.67 | 1.17 | +2.50 |
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
| DBX9.DE | CNIE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 0.42 | +0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.15 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | -0.16 | +0.24 |
Drawdowns
DBX9.DE vs. CNIE.DE - Drawdown Comparison
The maximum DBX9.DE drawdown since its inception was -66.51%, which is greater than CNIE.DE's maximum drawdown of -45.69%. Use the drawdown chart below to compare losses from any high point for DBX9.DE and CNIE.DE.
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Drawdown Indicators
| DBX9.DE | CNIE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.51% | -45.69% | -20.82% |
Max Drawdown (1Y)Largest decline over 1 year | -17.20% | -12.45% | -4.75% |
Max Drawdown (3Y)Largest decline over 3 years | -27.83% | -29.20% | +1.37% |
Max Drawdown (5Y)Largest decline over 5 years | -47.59% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -53.98% | — | — |
Current DrawdownCurrent decline from peak | -14.62% | -25.25% | +10.63% |
Average DrawdownAverage peak-to-trough decline | -29.50% | -24.67% | -4.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.91% | 5.70% | +3.21% |
Volatility
DBX9.DE vs. CNIE.DE - Volatility Comparison
Xtrackers FTSE China 50 UCITS ETF 1C (DBX9.DE) has a higher volatility of 5.29% compared to VanEck New China ESG UCITS ETF A (CNIE.DE) at 4.49%. This indicates that DBX9.DE's price experiences larger fluctuations and is considered to be riskier than CNIE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBX9.DE | CNIE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | 4.49% | +0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 10.45% | 10.68% | -0.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.35% | 16.04% | +10.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.75% | 24.27% | +4.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.42% | 24.27% | +1.15% |
DBX9.DE vs. CNIE.DE - Expense Ratio Comparison
Both DBX9.DE and CNIE.DE have an expense ratio of 0.60%.
Dividends
DBX9.DE vs. CNIE.DE - Dividend Comparison
Neither DBX9.DE nor CNIE.DE has paid dividends to shareholders.
Frequently Asked Questions
DBX9.DE and CNIE.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.60% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
DBX9.DE and CNIE.DE have the same expense ratio: 0.60% per year.
DBX9.DE tracks FTSE China 50, while CNIE.DE tracks MarketGrader New China ESG. They also come from different issuers: Xtrackers and VanEck.
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