EXXU.DE vs. CNIE.DE
EXXU.DE (iShares Dow Jones China Offshore 50 UCITS ETF (DE)) and CNIE.DE (VanEck New China ESG UCITS ETF A) are both China Equities funds - EXXU.DE tracks the Dow Jones China Offshore 50 while CNIE.DE tracks the MarketGrader New China ESG. Both are passively managed. Over the past 3 years, EXXU.DE returned 6.92%/yr vs -0.19%/yr for CNIE.DE. A 0.70 correlation means they provide meaningful diversification when combined. EXXU.DE charges 0.61%/yr vs 0.60%/yr for CNIE.DE.
Performance
EXXU.DE vs. CNIE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EXXU.DE achieves a -8.32% return, which is significantly lower than CNIE.DE's -3.41% 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%
CNIE.DE
- 1D
- -0.76%
- 1M
- -2.69%
- YTD
- -3.41%
- 6M
- -4.66%
- 1Y
- 6.66%
- 3Y*
- -0.19%
- 5Y*
- —
- 10Y*
- —
EXXU.DE vs. CNIE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EXXU.DE iShares Dow Jones China Offshore 50 UCITS ETF (DE) | -8.32% | 12.86% | 26.45% | -11.75% | -14.54% | -7.28% |
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 EXXU.DE and CNIE.DE is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021 | 0.70 |
The correlation between EXXU.DE and CNIE.DE has been stable across timeframes, ranging from 0.70 to 0.72 - a consistent structural relationship.
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Return for Risk
EXXU.DE vs. CNIE.DE — Risk / Return Rank
EXXU.DE
CNIE.DE
EXXU.DE vs. CNIE.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 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.
| EXXU.DE | CNIE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.08 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | 0.53 | -0.79 |
| Martin ratioReturn relative to average drawdown | -0.53 | 1.17 | -1.69 |
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
| EXXU.DE | CNIE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.25 | 0.42 | -0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.16 | — | — |
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 | -0.16 | +0.34 |
Drawdowns
EXXU.DE vs. CNIE.DE - Drawdown Comparison
The maximum EXXU.DE drawdown since its inception was -66.04%, 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 EXXU.DE and CNIE.DE.
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Drawdown Indicators
| EXXU.DE | CNIE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.04% | -45.69% | -20.35% |
Max Drawdown (1Y)Largest decline over 1 year | -19.30% | -12.45% | -6.85% |
Max Drawdown (3Y)Largest decline over 3 years | -24.14% | -29.20% | +5.06% |
Max Drawdown (5Y)Largest decline over 5 years | -50.42% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -58.37% | — | — |
Current DrawdownCurrent decline from peak | -38.39% | -25.25% | -13.14% |
Average DrawdownAverage peak-to-trough decline | -26.60% | -24.67% | -1.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.26% | 5.70% | +3.56% |
Volatility
EXXU.DE vs. CNIE.DE - Volatility Comparison
iShares Dow Jones China Offshore 50 UCITS ETF (DE) (EXXU.DE) has a higher volatility of 7.20% compared to VanEck New China ESG UCITS ETF A (CNIE.DE) at 4.49%. This indicates that EXXU.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
| EXXU.DE | CNIE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.20% | 4.49% | +2.71% |
Volatility (6M)Calculated over the trailing 6-month period | 13.69% | 10.68% | +3.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.52% | 16.04% | +3.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.10% | 24.27% | +6.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.23% | 24.27% | +2.96% |
EXXU.DE vs. CNIE.DE - Expense Ratio Comparison
EXXU.DE has a 0.61% expense ratio, which is higher than CNIE.DE's 0.60% expense ratio.
Dividends
EXXU.DE vs. CNIE.DE - Dividend Comparison
EXXU.DE's dividend yield for the trailing twelve months is around 4.69%, while CNIE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 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 CNIE.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CNIE.DE is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CNIE.DE is cheaper with a 0.60% expense ratio, compared with 0.61% for EXXU.DE.
EXXU.DE tracks Dow Jones China Offshore 50, while CNIE.DE tracks MarketGrader New China ESG. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.61% for EXXU.DE and 0.60% for CNIE.DE.
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