IAPD.AS vs. ICHN.AS

Last updated Jul 22, 2026

IAPD.AS (iShares Asia Pacific Dividend UCITS ETF) and ICHN.AS (iShares MSCI China UCITS ETF) are both exchange-traded funds - IAPD.AS is a Asia Pacific Equities fund tracking the MSCI AC Asia Pacific NR USD, while ICHN.AS is a China Equities fund tracking the MSCI China NR USD. Both are passively managed. IAPD.AS charges 0.59%/yr vs 0.40%/yr for ICHN.AS.

Performance

IAPD.AS vs. ICHN.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Asia Pacific Dividend UCITS ETF (IAPD.AS) and iShares MSCI China UCITS ETF (ICHN.AS). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IAPD.AS is traded in EUR, while ICHN.AS is traded in USD. To make them comparable, the ICHN.AS values have been converted to EUR using the latest available exchange rates.

Returns By Period

IAPD.AS

• 1D: 0.00%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

ICHN.AS

• 1D: -0.44%
• 1M: 2.65%
• 6M: -9.58%
• YTD: -6.76%
• 1Y: -2.26%
• 3Y*: 8.18%
• 5Y*: -3.93%
• 10Y*: —
• ALL TIME*: 0.84%

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

IAPD.AS vs. ICHN.AS - Yearly Performance Comparison

	2026 (YTD)
IAPD.AS iShares Asia Pacific Dividend UCITS ETF	0.00%
ICHN.AS iShares MSCI China UCITS ETF	0.08%

Return for Risk

IAPD.AS vs. ICHN.AS — Risk / Return Rank

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

IAPD.AS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ICHN.AS

ICHN.AS Risk / Return Rank: 8
ICHN.AS Sharpe Ratio Rank: 8
ICHN.AS Sortino Ratio Rank: 7
ICHN.AS Omega Ratio Rank: 7
ICHN.AS Calmar Ratio Rank: 8
ICHN.AS Martin Ratio Rank: 8

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.

IAPD.AS vs. ICHN.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Asia Pacific Dividend UCITS ETF (IAPD.AS) and iShares MSCI China UCITS ETF (ICHN.AS). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IAPD.AS	ICHN.AS	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.11	—
Sortino ratio: Return per unit of downside risk	—	-0.01	—
Omega ratio: Gain probability vs. loss probability	—	1.00	—
Calmar ratio: Return relative to maximum drawdown	—	-0.11	—
Martin ratio: Return relative to average drawdown	—	-0.22	—

Drawdowns

IAPD.AS vs. ICHN.AS - Drawdown Comparison

The maximum IAPD.AS drawdown since its inception was 0.00%, smaller than the maximum ICHN.AS drawdown of -55.93%. Use the drawdown chart below to compare losses from any high point for IAPD.AS and ICHN.AS.

Drawdown Indicators

	IAPD.AS	ICHN.AS	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-55.93%	+55.93%
Max Drawdown (1Y) Largest decline over 1 year	—	-20.58%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-24.49%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-44.10%	—
Current Drawdown Current decline from peak	0.00%	-32.91%	+32.91%
Average Drawdown Average peak-to-trough decline	0.00%	-28.71%	+28.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.15%	—

Volatility

Volatility by Period

	IAPD.AS	ICHN.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.57%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.91%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	20.46%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	27.93%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	27.11%	—

IAPD.AS vs. ICHN.AS - Expense Ratio Comparison

IAPD.AS has a 0.59% expense ratio, which is higher than ICHN.AS's 0.40% expense ratio.

Dividends

IAPD.AS vs. ICHN.AS - Dividend Comparison

Neither IAPD.AS nor ICHN.AS has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, IAPD.AS or ICHN.AS?

On fees, ICHN.AS is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IAPD.AS or ICHN.AS?

ICHN.AS is cheaper with a 0.40% expense ratio, compared with 0.59% for IAPD.AS.

What is the main difference between IAPD.AS and ICHN.AS?

IAPD.AS is categorized as Asia Pacific Equities, while ICHN.AS is China Equities. IAPD.AS tracks MSCI AC Asia Pacific NR USD, while ICHN.AS tracks MSCI China NR USD. Their fees differ too: 0.59% for IAPD.AS and 0.40% for ICHN.AS.