ICGA.DE vs. CC1U.L
ICGA.DE (iShares MSCI China UCITS ETF USD Acc) and CC1U.L (Amundi MSCI China UCITS ETF-C USD) are both China Equities funds - ICGA.DE tracks the MSCI China while CC1U.L tracks the MSCI China NR USD. Both are passively managed. Over the past 5 years, ICGA.DE returned -4.32%/yr vs 1.83%/yr for CC1U.L. A 0.77 correlation means they provide meaningful diversification when combined. ICGA.DE charges 0.28%/yr vs 0.45%/yr for CC1U.L.
Performance
ICGA.DE vs. CC1U.L - Performance Comparison
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Different Trading Currencies
ICGA.DE is traded in EUR, while CC1U.L is traded in USD. To make them comparable, the CC1U.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, ICGA.DE achieves a -6.86% return, which is significantly lower than CC1U.L's 1.98% return.
ICGA.DE
- 1D
- -0.54%
- 1M
- -2.09%
- YTD
- -6.86%
- 6M
- -8.51%
- 1Y
- 2.73%
- 3Y*
- 7.72%
- 5Y*
- -4.32%
- 10Y*
- —
CC1U.L
- 1D
- -1.69%
- 1M
- -0.72%
- YTD
- 1.98%
- 6M
- 1.89%
- 1Y
- 29.45%
- 3Y*
- 3.96%
- 5Y*
- 1.83%
- 10Y*
- 3.79%
ICGA.DE vs. CC1U.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ICGA.DE iShares MSCI China UCITS ETF USD Acc | -6.86% | 16.64% | 27.28% | -14.71% | -15.17% | -17.27% | 15.31% | 14.05% |
CC1U.L Amundi MSCI China UCITS ETF-C USD | 1.98% | 22.94% | 8.23% | -13.99% | -3.70% | 4.15% | -9.94% | 5.23% |
Correlation
The correlation between ICGA.DE and CC1U.L is 0.82, 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 | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2019 | 0.77 |
The correlation between ICGA.DE and CC1U.L has been stable across timeframes, ranging from 0.77 to 0.84 - a consistent structural relationship.
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Return for Risk
ICGA.DE vs. CC1U.L — Risk / Return Rank
ICGA.DE
CC1U.L
ICGA.DE vs. CC1U.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China UCITS ETF USD Acc (ICGA.DE) and Amundi MSCI China UCITS ETF-C USD (CC1U.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.
| ICGA.DE | CC1U.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.50 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.23 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 1.87 | -1.70 |
| Martin ratioReturn relative to average drawdown | 0.34 | 4.03 | -3.70 |
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
| ICGA.DE | CC1U.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.15 | 1.29 | -1.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.15 | 0.07 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.16 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.22 | -0.17 |
Drawdowns
ICGA.DE vs. CC1U.L - Drawdown Comparison
The maximum ICGA.DE drawdown since its inception was -55.95%, which is greater than CC1U.L's maximum drawdown of -51.24%. Use the drawdown chart below to compare losses from any high point for ICGA.DE and CC1U.L.
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Drawdown Indicators
| ICGA.DE | CC1U.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.95% | -51.24% | -4.71% |
Max Drawdown (1Y)Largest decline over 1 year | -16.84% | -15.72% | -1.12% |
Max Drawdown (3Y)Largest decline over 3 years | -24.41% | -37.96% | +13.55% |
Max Drawdown (5Y)Largest decline over 5 years | -49.32% | -40.50% | -8.82% |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.36% | — |
Current DrawdownCurrent decline from peak | -32.56% | -14.95% | -17.61% |
Average DrawdownAverage peak-to-trough decline | -28.80% | -23.89% | -4.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.08% | 7.28% | +0.80% |
Volatility
ICGA.DE vs. CC1U.L - Volatility Comparison
iShares MSCI China UCITS ETF USD Acc (ICGA.DE) and Amundi MSCI China UCITS ETF-C USD (CC1U.L) have volatilities of 7.19% and 7.35%, 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.
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Volatility by Period
| ICGA.DE | CC1U.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.19% | 7.35% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 13.31% | 15.06% | -1.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.64% | 22.79% | -4.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.66% | 26.07% | +1.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.97% | 23.93% | +3.04% |
ICGA.DE vs. CC1U.L - Expense Ratio Comparison
ICGA.DE has a 0.28% expense ratio, which is lower than CC1U.L's 0.45% expense ratio.
Dividends
ICGA.DE vs. CC1U.L - Dividend Comparison
Neither ICGA.DE nor CC1U.L has paid dividends to shareholders.
Frequently Asked Questions
ICGA.DE and CC1U.L have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ICGA.DE is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ICGA.DE is cheaper with a 0.28% expense ratio, compared with 0.45% for CC1U.L.
ICGA.DE tracks MSCI China, while CC1U.L tracks MSCI China NR USD. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.28% for ICGA.DE and 0.45% for CC1U.L.
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