EXXU.DE vs. CNAA.DE
EXXU.DE (iShares Dow Jones China Offshore 50 UCITS ETF (DE)) and CNAA.DE (Amundi MSCI China A UCITS ETF Acc) are both China Equities funds - EXXU.DE tracks the Dow Jones China Offshore 50 while CNAA.DE tracks the MSCI China A. Both are passively managed. Over the past 5 years, EXXU.DE returned -5.15%/yr vs -0.21%/yr for CNAA.DE. A 0.66 correlation means they provide meaningful diversification when combined. EXXU.DE charges 0.61%/yr vs 0.35%/yr for CNAA.DE.
Performance
EXXU.DE vs. CNAA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EXXU.DE achieves a -8.32% return, which is significantly lower than CNAA.DE's 9.91% return.
EXXU.DE
- 1D
- -0.26%
- 1M
- -4.32%
- YTD
- -8.32%
- 6M
- -11.19%
- 1Y
- -5.50%
- 3Y*
- 6.92%
- 5Y*
- -5.15%
- 10Y*
- 3.37%
CNAA.DE
- 1D
- -0.79%
- 1M
- 0.35%
- YTD
- 9.91%
- 6M
- 11.19%
- 1Y
- 33.60%
- 3Y*
- 8.43%
- 5Y*
- -0.21%
- 10Y*
- —
EXXU.DE vs. CNAA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EXXU.DE iShares Dow Jones China Offshore 50 UCITS ETF (DE) | -8.32% | 12.86% | 26.45% | -11.75% | -14.54% | -22.68% | 15.85% | 18.09% |
CNAA.DE Amundi MSCI China A UCITS ETF Acc | 9.91% | 10.09% | 19.81% | -17.19% | -20.96% | 13.50% | 28.18% | 12.50% |
Correlation
The correlation between EXXU.DE and CNAA.DE is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since May 30, 2019 | 0.66 |
The correlation between EXXU.DE and CNAA.DE has been stable across timeframes, ranging from 0.59 to 0.66 - 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
EXXU.DE vs. CNAA.DE — Risk / Return Rank
EXXU.DE
CNAA.DE
EXXU.DE vs. CNAA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Dow Jones China Offshore 50 UCITS ETF (DE) (EXXU.DE) and Amundi MSCI China A UCITS ETF Acc (CNAA.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.
| EXXU.DE | CNAA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.30 | ||
| Sortino ratioReturn per unit of downside risk | -3.12 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.37 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | 5.08 | -5.33 |
| Martin ratioReturn relative to average drawdown | -0.53 | 13.52 | -14.04 |
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
| EXXU.DE | CNAA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.25 | 2.04 | -2.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.16 | -0.01 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.18 | 0.29 | -0.10 |
Drawdowns
EXXU.DE vs. CNAA.DE - Drawdown Comparison
The maximum EXXU.DE drawdown since its inception was -66.04%, which is greater than CNAA.DE's maximum drawdown of -43.90%. Use the drawdown chart below to compare losses from any high point for EXXU.DE and CNAA.DE.
Loading charts...
Drawdown Indicators
| EXXU.DE | CNAA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.04% | -43.90% | -22.14% |
Max Drawdown (1Y)Largest decline over 1 year | -19.30% | -6.65% | -12.65% |
Max Drawdown (3Y)Largest decline over 3 years | -24.14% | -27.84% | +3.70% |
Max Drawdown (5Y)Largest decline over 5 years | -50.42% | -41.85% | -8.57% |
Max Drawdown (10Y)Largest decline over 10 years | -58.37% | — | — |
Current DrawdownCurrent decline from peak | -38.39% | -11.33% | -27.06% |
Average DrawdownAverage peak-to-trough decline | -26.60% | -19.23% | -7.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.26% | 2.50% | +6.76% |
Volatility
EXXU.DE vs. CNAA.DE - Volatility Comparison
iShares Dow Jones China Offshore 50 UCITS ETF (DE) (EXXU.DE) has a higher volatility of 7.20% compared to Amundi MSCI China A UCITS ETF Acc (CNAA.DE) at 6.13%. This indicates that EXXU.DE's price experiences larger fluctuations and is considered to be riskier than CNAA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EXXU.DE | CNAA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.20% | 6.13% | +1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 13.69% | 11.38% | +2.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.52% | 16.52% | +3.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.10% | 21.44% | +9.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.23% | 22.51% | +4.72% |
EXXU.DE vs. CNAA.DE - Expense Ratio Comparison
EXXU.DE has a 0.61% expense ratio, which is higher than CNAA.DE's 0.35% expense ratio.
Dividends
EXXU.DE vs. CNAA.DE - Dividend Comparison
EXXU.DE's dividend yield for the trailing twelve months is around 4.69%, while CNAA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNAA.DE Amundi MSCI China A UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EXXU.DE iShares Dow Jones China Offshore 50 UCITS ETF (DE) | 4.69% | 4.28% | 1.95% | 2.92% | 2.04% | 0.96% | 1.32% | 1.66% | 2.07% | 2.12% | 4.23% | 2.75% |
Frequently Asked Questions
EXXU.DE and CNAA.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CNAA.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CNAA.DE is cheaper with a 0.35% expense ratio, compared with 0.61% for EXXU.DE.
EXXU.DE tracks Dow Jones China Offshore 50, while CNAA.DE tracks MSCI China A. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.61% for EXXU.DE and 0.35% for CNAA.DE.
Find the right allocation for EXXU.DE and CNAA.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