EXXU.DE vs. CXSE

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Dow Jones China Offshore 50 UCITS ETF (DE) (EXXU.DE) and WisdomTree China ex-State-Owned Enterprises Fund (CXSE).

EXXU.DE and CXSE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EXXU.DE is a passively managed fund by iShares that tracks the performance of the Dow Jones China Offshore 50. It was launched on Mar 27, 2006. CXSE is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree China ex-State-Owned Enterprises Index. It was launched on Sep 19, 2012. Both EXXU.DE and CXSE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EXXU.DE vs. CXSE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Dow Jones China Offshore 50 UCITS ETF (DE) (EXXU.DE) and WisdomTree China ex-State-Owned Enterprises Fund (CXSE). The values are adjusted to include any dividend payments, if applicable.

EXXU.DE vs. CXSE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EXXU.DE iShares Dow Jones China Offshore 50 UCITS ETF (DE)	-6.01%	12.86%	26.45%	-11.75%	-14.54%	-22.68%	15.85%	25.95%	-14.30%	28.47%
CXSE WisdomTree China ex-State-Owned Enterprises Fund	-3.92%	20.74%	15.73%	-20.48%	-24.94%	-17.96%	46.25%	41.08%	-25.19%	59.20%

Different Trading Currencies

EXXU.DE is traded in EUR, while CXSE is traded in USD. To make them comparable, the CXSE values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, EXXU.DE achieves a -6.01% return, which is significantly lower than CXSE's -3.92% return. Over the past 10 years, EXXU.DE has underperformed CXSE with an annualized return of 4.07%, while CXSE has yielded a comparatively higher 6.41% annualized return.

EXXU.DE

• 1D: 1.01%
• 1M: -0.79%
• YTD: -6.01%
• 6M: -13.59%
• 1Y: -8.12%
• 3Y*: 4.95%
• 5Y*: -5.91%
• 10Y*: 4.07%

CXSE

• 1D: 0.19%
• 1M: -2.33%
• YTD: -3.92%
• 6M: -13.38%
• 1Y: 5.68%
• 3Y*: 2.60%
• 5Y*: -8.93%
• 10Y*: 6.41%

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

EXXU.DE vs. CXSE - Expense Ratio Comparison

EXXU.DE has a 0.61% expense ratio, which is higher than CXSE's 0.32% expense ratio.

EXXU.DE

iShares Dow Jones China Offshore 50 UCITS ETF (DE)

CXSE

WisdomTree China ex-State-Owned Enterprises Fund

Return for Risk

EXXU.DE vs. CXSE — Risk / Return Rank

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

EXXU.DE

EXXU.DE Risk / Return Rank: 5
EXXU.DE Sharpe Ratio Rank: 6
EXXU.DE Sortino Ratio Rank: 6
EXXU.DE Omega Ratio Rank: 6
EXXU.DE Calmar Ratio Rank: 4
EXXU.DE Martin Ratio Rank: 4

CXSE

CXSE Risk / Return Rank: 27
CXSE Sharpe Ratio Rank: 28
CXSE Sortino Ratio Rank: 28
CXSE Omega Ratio Rank: 28
CXSE Calmar Ratio Rank: 30
CXSE Martin Ratio Rank: 24

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.

EXXU.DE vs. CXSE - 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 WisdomTree China ex-State-Owned Enterprises Fund (CXSE). 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	CXSE	Difference
Sharpe ratio Return per unit of total volatility	-0.35	0.23	-0.58
Sortino ratio Return per unit of downside risk	-0.33	0.48	-0.81
Omega ratio Gain probability vs. loss probability	0.96	1.07	-0.11
Calmar ratio Return relative to maximum drawdown	-0.48	0.33	-0.81
Martin ratio Return relative to average drawdown	-1.04	0.78	-1.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EXXU.DE vs. CXSE - Sharpe Ratio Comparison

The current EXXU.DE Sharpe Ratio is -0.35, which is lower than the CXSE Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of EXXU.DE and CXSE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EXXU.DE	CXSE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.35	0.23	-0.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.19	-0.29	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.15	0.23	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.21	-0.02

Correlation

The correlation between EXXU.DE and CXSE is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

EXXU.DE vs. CXSE - Dividend Comparison

EXXU.DE's dividend yield for the trailing twelve months is around 4.57%, more than CXSE's 2.12% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EXXU.DE iShares Dow Jones China Offshore 50 UCITS ETF (DE)	4.57%	4.28%	1.95%	2.92%	2.04%	0.96%	1.32%	1.66%	2.07%	2.12%	4.23%	2.75%
CXSE WisdomTree China ex-State-Owned Enterprises Fund	2.12%	1.95%	1.70%	1.71%	1.55%	0.86%	0.54%	0.96%	1.49%	1.24%	1.39%	2.50%

Drawdowns

EXXU.DE vs. CXSE - Drawdown Comparison

The maximum EXXU.DE drawdown since its inception was -66.04%, roughly equal to the maximum CXSE drawdown of -66.54%. Use the drawdown chart below to compare losses from any high point for EXXU.DE and CXSE.

Drawdown Indicators

	EXXU.DE	CXSE	Difference
Max Drawdown Largest peak-to-trough decline	-66.04%	-70.01%	+3.97%
Max Drawdown (1Y) Largest decline over 1 year	-17.09%	-17.70%	+0.61%
Max Drawdown (5Y) Largest decline over 5 years	-51.40%	-64.47%	+13.07%
Max Drawdown (10Y) Largest decline over 10 years	-58.37%	-70.01%	+11.64%
Current Drawdown Current decline from peak	-36.83%	-49.38%	+12.55%
Average Drawdown Average peak-to-trough decline	-26.51%	-27.59%	+1.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.83%	7.64%	+0.19%

Volatility

EXXU.DE vs. CXSE - Volatility Comparison

iShares Dow Jones China Offshore 50 UCITS ETF (DE) (EXXU.DE) and WisdomTree China ex-State-Owned Enterprises Fund (CXSE) have volatilities of 6.07% and 6.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EXXU.DE	CXSE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.07%	6.22%	-0.15%
Volatility (6M) Calculated over the trailing 6-month period	14.01%	15.31%	-1.30%
Volatility (1Y) Calculated over the trailing 1-year period	23.16%	25.23%	-2.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.11%	30.88%	+0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.26%	28.09%	-0.83%