DVYA vs. CN

Last updated Jun 4, 2026

DVYA (iShares Asia/Pacific Dividend ETF) and CN (Xtrackers MSCI All China Equity ETF) are both exchange-traded funds - DVYA is a Asia Pacific Equities fund tracking the Dow Jones Asia/Pacific Select Dividend 30 Index, while CN is a China Equities fund tracking the MSCI China All Shares. Both are passively managed. At a 0.47 correlation, their price movements are largely independent. DVYA charges 0.49%/yr vs 0.50%/yr for CN.

Performance

DVYA vs. CN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Asia/Pacific Dividend ETF (DVYA) and Xtrackers MSCI All China Equity ETF (CN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DVYA

• 1D: -0.86%
• 1M: 0.51%
• YTD: 13.35%
• 6M: 13.63%
• 1Y: 39.49%
• 3Y*: 21.73%
• 5Y*: 9.88%
• 10Y*: 7.30%

CN

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVYA vs. CN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DVYA iShares Asia/Pacific Dividend ETF	13.35%	30.22%	6.05%	13.75%	-2.17%	3.41%	-9.61%	14.70%	-14.87%	16.99%
CN Xtrackers MSCI All China Equity ETF	0.00%	0.00%	-3.10%	-11.87%	-23.85%	-12.74%	31.55%	26.79%	-22.41%	43.69%

Correlation

The correlation between DVYA and CN is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (10Y) Calculated over the trailing 10-year period	0.48
Correlation (All Time) Calculated using the full available price history since May 1, 2014	0.47

The correlation between DVYA and CN shifts across timeframes, from 0.29 (3 years) to 0.48 (10 years), reflecting how their relationship changes across market environments.

DVYA vs. CN - Sectors Allocation Comparison

Sectors	DVYA	CN
Financial Services	30.9%	55.1%
Basic Materials	16.1%	0.6%
Consumer Cyclical	10.9%	5.4%
Real Estate	10.6%	0.8%
Industrials	7.1%	1.0%
Consumer Defensive	5.2%	0.3%
Energy	5.0%	0.9%
Communication Services	4.7%	0.4%
Utilities	4.5%	0.2%
Healthcare	3.5%	0.8%
Technology	1.6%	0.3%

Return for Risk

DVYA vs. CN — Risk / Return Rank

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

DVYA

DVYA Risk / Return Rank: 85
DVYA Sharpe Ratio Rank: 89
DVYA Sortino Ratio Rank: 88
DVYA Omega Ratio Rank: 85
DVYA Calmar Ratio Rank: 84
DVYA Martin Ratio Rank: 82

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.

DVYA vs. CN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Asia/Pacific Dividend ETF (DVYA) and Xtrackers MSCI All China Equity ETF (CN). 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.

	DVYA	CN	Difference
Sharpe ratio: Return per unit of total volatility	3.05	—	—
Sortino ratio: Return per unit of downside risk	4.06	—	—
Omega ratio: Gain probability vs. loss probability	1.53	—	—
Calmar ratio: Return relative to maximum drawdown	4.59	—	—
Martin ratio: Return relative to average drawdown	16.66	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DVYA	CN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.05	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	—	—

Drawdowns

Drawdown Indicators

	DVYA	CN	Difference
Max Drawdown Largest peak-to-trough decline	-45.61%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.15%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.37%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.61%	—	—
Current Drawdown Current decline from peak	-3.11%	—	—
Average Drawdown Average peak-to-trough decline	-10.06%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.38%	—	—

Volatility

Volatility by Period

	DVYA	CN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.94%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.44%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.00%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.08%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.55%	—	—

DVYA vs. CN - Expense Ratio Comparison

DVYA has a 0.49% expense ratio, which is lower than CN's 0.50% expense ratio.

Dividends

DVYA vs. CN - Dividend Comparison

DVYA's dividend yield for the trailing twelve months is around 4.33%, while CN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CN Xtrackers MSCI All China Equity ETF	0.00%	0.00%	0.00%	4.04%	1.80%	2.00%	0.78%	4.18%	2.09%	0.81%	11.41%	14.00%
DVYA iShares Asia/Pacific Dividend ETF	4.33%	4.71%	5.97%	6.48%	7.29%	5.81%	3.66%	5.52%	6.24%	4.74%	4.79%	5.33%

Frequently Asked Questions

Can I hold both DVYA and CN in my portfolio?

DVYA and CN have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DVYA or CN?

On fees, DVYA is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVYA or CN?

DVYA is cheaper with a 0.49% expense ratio, compared with 0.50% for CN.

Which ETF pays a higher dividend yield, DVYA or CN?

DVYA has the higher dividend yield at 4.33%, compared with 0.00% for CN.

What is the main difference between DVYA and CN?

DVYA is categorized as Asia Pacific Equities, while CN is China Equities. DVYA tracks Dow Jones Asia/Pacific Select Dividend 30 Index, while CN tracks MSCI China All Shares. They also come from different issuers: iShares and Deutsche Bank. Their fees differ too: 0.49% for DVYA and 0.50% for CN.