GXC vs. CNYA
Compare and contrast key facts about SPDR S&P China ETF (GXC) and iShares MSCI China A ETF (CNYA).
GXC and CNYA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GXC is a passively managed fund by State Street that tracks the performance of the S&P China BMI Index. It was launched on Mar 19, 2007. CNYA is a passively managed fund by iShares that tracks the performance of the MSCI China A Inclusion Index. It was launched on Jun 13, 2016. Both GXC and CNYA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GXC or CNYA.
Correlation
The correlation between GXC and CNYA is 0.75, 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.
Performance
GXC vs. CNYA - Performance Comparison
Key characteristics
GXC:
0.54
CNYA:
0.44
GXC:
1.01
CNYA:
0.87
GXC:
1.13
CNYA:
1.14
GXC:
0.29
CNYA:
0.30
GXC:
1.57
CNYA:
1.29
GXC:
10.84%
CNYA:
11.35%
GXC:
31.62%
CNYA:
33.08%
GXC:
-72.16%
CNYA:
-49.48%
GXC:
-46.28%
CNYA:
-36.92%
Returns By Period
In the year-to-date period, GXC achieves a 13.93% return, which is significantly higher than CNYA's 11.58% return.
GXC
13.93%
-1.25%
8.61%
15.96%
-3.61%
1.81%
CNYA
11.58%
-1.66%
9.47%
13.61%
1.22%
N/A
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GXC vs. CNYA - Expense Ratio Comparison
GXC has a 0.59% expense ratio, which is lower than CNYA's 0.60% expense ratio.
Risk-Adjusted Performance
GXC vs. CNYA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P China ETF (GXC) and iShares MSCI China A ETF (CNYA). 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.
Dividends
GXC vs. CNYA - Dividend Comparison
GXC's dividend yield for the trailing twelve months is around 0.81%, less than CNYA's 6.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GXC SPDR S&P China ETF | 0.81% | 3.70% | 2.67% | 1.35% | 1.04% | 1.60% | 2.03% | 1.84% | 2.05% | 2.85% | 2.11% | 2.29% |
CNYA iShares MSCI China A ETF | 2.49% | 4.23% | 2.69% | 1.11% | 1.05% | 1.21% | 3.92% | 0.98% | 1.38% | 0.00% | 0.00% | 0.00% |
Drawdowns
GXC vs. CNYA - Drawdown Comparison
The maximum GXC drawdown since its inception was -72.16%, which is greater than CNYA's maximum drawdown of -49.48%. Use the drawdown chart below to compare losses from any high point for GXC and CNYA. For additional features, visit the drawdowns tool.
Volatility
GXC vs. CNYA - Volatility Comparison
SPDR S&P China ETF (GXC) and iShares MSCI China A ETF (CNYA) have volatilities of 10.31% and 10.33%, 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.