ICGA.DE vs. CHIN.DE
ICGA.DE (iShares MSCI China UCITS ETF USD Acc) and CHIN.DE (KraneShares ICBCCS S&P China 500 Index UCITS ETF USD) are both China Equities funds - ICGA.DE tracks the MSCI China while CHIN.DE tracks the S&P China 500 Index. Both are passively managed. Over the past year, ICGA.DE returned 2.73% vs 26.83% for CHIN.DE. Their correlation of 0.90 suggests significant overlap in exposure. ICGA.DE charges 0.28%/yr vs 0.55%/yr for CHIN.DE.
Performance
ICGA.DE vs. CHIN.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ICGA.DE achieves a -6.86% return, which is significantly lower than CHIN.DE's 6.22% 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*
- —
CHIN.DE
- 1D
- -0.55%
- 1M
- 1.14%
- YTD
- 6.22%
- 6M
- 8.20%
- 1Y
- 26.83%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ICGA.DE vs. CHIN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ICGA.DE iShares MSCI China UCITS ETF USD Acc | -6.86% | 16.64% | 27.28% | -7.58% |
CHIN.DE KraneShares ICBCCS S&P China 500 Index UCITS ETF USD | 6.22% | 16.60% | 23.10% | -6.61% |
Correlation
The correlation between ICGA.DE and CHIN.DE 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 (All Time) Calculated using the full available price history since Oct 18, 2023 | 0.90 |
The correlation between ICGA.DE and CHIN.DE has been stable across timeframes, ranging from 0.86 to 0.90 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ICGA.DE vs. CHIN.DE — Risk / Return Rank
ICGA.DE
CHIN.DE
ICGA.DE vs. CHIN.DE - 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 KraneShares ICBCCS S&P China 500 Index UCITS ETF USD (CHIN.DE). 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 | CHIN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.42 | ||
| Sortino ratioReturn per unit of downside risk | -1.85 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.28 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | 3.02 | -2.86 |
| Martin ratioReturn relative to average drawdown | 0.34 | 8.15 | -7.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ICGA.DE | CHIN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.15 | 1.57 | -1.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.15 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.64 | -0.59 |
Drawdowns
ICGA.DE vs. CHIN.DE - Drawdown Comparison
The maximum ICGA.DE drawdown since its inception was -55.95%, which is greater than CHIN.DE's maximum drawdown of -22.95%. Use the drawdown chart below to compare losses from any high point for ICGA.DE and CHIN.DE.
Loading charts...
Drawdown Indicators
| ICGA.DE | CHIN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.95% | -22.95% | -33.00% |
Max Drawdown (1Y)Largest decline over 1 year | -16.84% | -8.84% | -8.00% |
Max Drawdown (3Y)Largest decline over 3 years | -24.41% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -49.32% | — | — |
Current DrawdownCurrent decline from peak | -32.56% | -3.48% | -29.08% |
Average DrawdownAverage peak-to-trough decline | -28.80% | -7.69% | -21.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.08% | 3.29% | +4.79% |
Volatility
ICGA.DE vs. CHIN.DE - Volatility Comparison
iShares MSCI China UCITS ETF USD Acc (ICGA.DE) has a higher volatility of 7.19% compared to KraneShares ICBCCS S&P China 500 Index UCITS ETF USD (CHIN.DE) at 6.18%. This indicates that ICGA.DE's price experiences larger fluctuations and is considered to be riskier than CHIN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ICGA.DE | CHIN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.19% | 6.18% | +1.01% |
Volatility (6M)Calculated over the trailing 6-month period | 13.31% | 12.00% | +1.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.64% | 17.09% | +1.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.66% | 22.41% | +5.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.97% | 22.41% | +4.56% |
ICGA.DE vs. CHIN.DE - Expense Ratio Comparison
ICGA.DE has a 0.28% expense ratio, which is lower than CHIN.DE's 0.55% expense ratio.
Dividends
ICGA.DE vs. CHIN.DE - Dividend Comparison
Neither ICGA.DE nor CHIN.DE has paid dividends to shareholders.
Frequently Asked Questions
ICGA.DE and CHIN.DE 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, 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 0.55% for CHIN.DE.
ICGA.DE tracks MSCI China, while CHIN.DE tracks S&P China 500 Index. They also come from different issuers: iShares and KraneShares. Their fees differ too: 0.28% for ICGA.DE and 0.55% for CHIN.DE.
Find the right allocation for ICGA.DE and CHIN.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer