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IASH.L vs. CHIN.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IASH.L vs. CHIN.L

Last updated Jun 4, 2026

IASH.L (iShares MSCI China A UCITS USD) and CHIN.L (ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF) are both China Equities funds - IASH.L tracks the MSCI China A Onshore NR CNY while CHIN.L tracks the MSCI China NR USD. Both are passively managed. Over the past 5 years, IASH.L returned 0.05%/yr vs -0.71%/yr for CHIN.L. Their correlation of 0.81 suggests significant overlap in exposure. IASH.L charges 0.40%/yr vs 0.55%/yr for CHIN.L.

Performance

IASH.L vs. CHIN.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI China A UCITS USD (IASH.L) and ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF (CHIN.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

IASH.L is traded in GBp, while CHIN.L is traded in USD. To make them comparable, the CHIN.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, IASH.L achieves a 9.51% return, which is significantly higher than CHIN.L's 6.27% return.

IASH.L

1D
-0.06%
1M
3.10%
YTD
9.51%
6M
12.93%
1Y
38.65%
3Y*
8.41%
5Y*
0.05%
10Y*
7.12%

CHIN.L

1D
-0.79%
1M
1.93%
YTD
6.27%
6M
7.54%
1Y
32.55%
3Y*
10.21%
5Y*
-0.71%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IASH.L vs. CHIN.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IASH.L
iShares MSCI China A UCITS USD		9.51%17.67%12.92%-18.83%-17.27%4.48%37.65%29.94%-21.35%17.95%
CHIN.L
ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF		6.27%23.12%16.56%-17.87%-16.32%-8.88%31.02%22.78%-20.78%35.18%

Correlation

The correlation between IASH.L and CHIN.L is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.86

Correlation (3Y)
Calculated over the trailing 3-year period

0.86

Correlation (5Y)
Calculated over the trailing 5-year period

0.86

Correlation (All Time)
Calculated using the full available price history since Jul 29, 2016

0.81

The correlation between IASH.L and CHIN.L has been stable across timeframes, ranging from 0.81 to 0.86 - a consistent structural relationship.

IASH.L vs. CHIN.L - Sectors Allocation Comparison

Sectors
IASH.L
CHIN.L

Technology

31.0%
25.1%

Financial Services

17.8%
14.7%

Industrials

15.5%
14.6%

Basic Materials

11.4%
10.9%

Consumer Defensive

6.7%
4.0%

Consumer Cyclical

5.4%
12.8%

Healthcare

3.9%
5.7%

Utilities

3.2%
2.3%

Energy

3.2%
2.4%

Communication Services

1.3%
6.5%

Real Estate

0.6%
1.0%

Technology

IASH.L
31.0%
CHIN.L
25.1%

Financial Services

IASH.L
17.8%
CHIN.L
14.7%

Industrials

IASH.L
15.5%
CHIN.L
14.6%

Basic Materials

IASH.L
11.4%
CHIN.L
10.9%

Consumer Defensive

IASH.L
6.7%
CHIN.L
4.0%

Consumer Cyclical

IASH.L
5.4%
CHIN.L
12.8%

Healthcare

IASH.L
3.9%
CHIN.L
5.7%

Utilities

IASH.L
3.2%
CHIN.L
2.3%

Energy

IASH.L
3.2%
CHIN.L
2.4%

Communication Services

IASH.L
1.3%
CHIN.L
6.5%

Real Estate

IASH.L
0.6%
CHIN.L
1.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI China A UCITS USD

ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF

Often compared with IASH.L:
IASH.L vs. ICGA.DEIASH.L vs. CNYAIASH.L vs. CHIN.DEIASH.L vs. EMIM.LIASH.L vs. HSTC.LIASH.L vs. XCH.TOIASH.L vs. EUNL.DE
Often compared with CHIN.L:
CHIN.L vs. 2331.HKCHIN.L vs. CNYACHIN.L vs. LICHIN.L vs. RQFI.LCHIN.L vs. M9SV.LCHIN.L vs. XCNA.LCHIN.L vs. AH50.L

Return for Risk

IASH.L vs. CHIN.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IASH.L
IASH.L Risk / Return Rank: 7979
Overall Rank
IASH.L Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
IASH.L Sortino Ratio Rank: 7373
Sortino Ratio Rank
IASH.L Omega Ratio Rank: 7575
Omega Ratio Rank
IASH.L Calmar Ratio Rank: 9090
Calmar Ratio Rank
IASH.L Martin Ratio Rank: 8080
Martin Ratio Rank
CHIN.L
CHIN.L Risk / Return Rank: 5454
Overall Rank
CHIN.L Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
CHIN.L Sortino Ratio Rank: 4949
Sortino Ratio Rank
CHIN.L Omega Ratio Rank: 4747
Omega Ratio Rank
CHIN.L Calmar Ratio Rank: 7171
Calmar Ratio Rank
CHIN.L Martin Ratio Rank: 5555
Martin Ratio Rank
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.

IASH.L vs. CHIN.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China A UCITS USD (IASH.L) and ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF (CHIN.L). 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.

IASH.LCHIN.LDifference
Sharpe ratioReturn per unit of total volatility
2.47
1.80

+0.67

Sortino ratioReturn per unit of downside risk
3.31
2.47

+0.84

Omega ratioGain probability vs. loss probability

1.44

1.32

+0.13

Calmar ratioReturn relative to maximum drawdown

5.73

3.66

+2.07

Martin ratioReturn relative to average drawdown

15.80

9.45

+6.35

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IASH.L vs. CHIN.L - Sharpe Ratio Comparison

The current IASH.L Sharpe Ratio is 2.47, which is higher than the CHIN.L Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of IASH.L and CHIN.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

IASH.LCHIN.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.47

1.80

+0.67

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.00

-0.03

+0.03

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.33

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.09

0.25

-0.16

Drawdowns

IASH.L vs. CHIN.L - Drawdown Comparison

The maximum IASH.L drawdown since its inception was -48.39%, smaller than the maximum CHIN.L drawdown of -51.47%. Use the drawdown chart below to compare losses from any high point for IASH.L and CHIN.L.

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Drawdown Indicators

IASH.LCHIN.LDifference

Max Drawdown

Largest peak-to-trough decline

-48.39%

-51.47%

+3.08%

Max Drawdown (1Y)

Largest decline over 1 year

-6.72%

-8.86%

+2.14%

Max Drawdown (3Y)

Largest decline over 3 years

-25.77%

-22.61%

-3.16%

Max Drawdown (5Y)

Largest decline over 5 years

-42.23%

-43.94%

+1.71%

Max Drawdown (10Y)

Largest decline over 10 years

-44.67%

—

—

Current Drawdown

Current decline from peak

-10.06%

-17.47%

+7.41%

Average Drawdown

Average peak-to-trough decline

-24.72%

-20.61%

-4.11%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.44%

3.44%

-1.00%

Volatility

IASH.L vs. CHIN.L - Volatility Comparison

The current volatility for iShares MSCI China A UCITS USD (IASH.L) is 5.69%, while ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF (CHIN.L) has a volatility of 6.17%. This indicates that IASH.L experiences smaller price fluctuations and is considered to be less risky than CHIN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IASH.LCHIN.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.69%

6.17%

-0.48%

Volatility (6M)

Calculated over the trailing 6-month period

10.68%

12.68%

-2.00%

Volatility (1Y)

Calculated over the trailing 1-year period

15.61%

18.02%

-2.41%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.27%

23.29%

-2.02%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.79%

22.47%

+0.32%

IASH.L vs. CHIN.L - Expense Ratio Comparison

IASH.L has a 0.40% expense ratio, which is lower than CHIN.L's 0.55% expense ratio.

Dividends

IASH.L vs. CHIN.L - Dividend Comparison

Neither IASH.L nor CHIN.L has paid dividends to shareholders.

PositionTTM2025202420232022202120202019
CHIN.L
ICBC Credit Suisse UCITS ETF SICAV - ICBCCS WisdomTree S&P China 500 UCITS ETF		0.00%0.00%0.00%0.00%1.33%1.01%1.19%2.38%
IASH.L
iShares MSCI China A UCITS USD		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

IASH.L and CHIN.L have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

IASH.L is cheaper with a 0.40% expense ratio, compared with 0.55% for CHIN.L.

IASH.L tracks MSCI China A Onshore NR CNY, while CHIN.L tracks MSCI China NR USD. They also come from different issuers: iShares and ICBC Credit Suisse Asset Management. Their fees differ too: 0.40% for IASH.L and 0.55% for CHIN.L.

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