ICGA.DE vs. CXSE
Compare and contrast key facts about iShares MSCI China UCITS ETF USD Acc (ICGA.DE) and WisdomTree China ex-State-Owned Enterprises Fund (CXSE).
ICGA.DE and CXSE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ICGA.DE is a passively managed fund by iShares that tracks the performance of the MSCI China. It was launched on Jun 20, 2019. CXSE is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree China ex-State-Owned Enterprises Index. It was launched on Sep 19, 2012. Both ICGA.DE and CXSE 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: ICGA.DE or CXSE.
Key characteristics
| ICGA.DE | CXSE | |
|---|---|---|
| YTD Return | 32.58% | 23.28% |
| 1Y Return | 23.43% | 16.95% |
| 3Y Return (Ann) | -3.86% | -13.32% |
| 5Y Return (Ann) | -0.75% | -1.64% |
| Sharpe Ratio | 0.87 | 0.50 |
| Sortino Ratio | 1.47 | 1.00 |
| Omega Ratio | 1.18 | 1.12 |
| Calmar Ratio | 0.42 | 0.24 |
| Martin Ratio | 2.34 | 1.37 |
| Ulcer Index | 10.17% | 12.05% |
| Daily Std Dev | 27.19% | 32.74% |
| Max Drawdown | -55.95% | -70.01% |
| Current Drawdown | -35.33% | -55.66% |
Correlation
The correlation between ICGA.DE and CXSE is 0.86, 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
ICGA.DE vs. CXSE - Performance Comparison
In the year-to-date period, ICGA.DE achieves a 32.58% return, which is significantly higher than CXSE's 23.28% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ICGA.DE vs. CXSE - Expense Ratio Comparison
ICGA.DE has a 0.28% expense ratio, which is lower than CXSE's 0.32% expense ratio.
Risk-Adjusted Performance
ICGA.DE vs. CXSE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China UCITS ETF USD Acc (ICGA.DE) and WisdomTree China ex-State-Owned Enterprises Fund (CXSE). 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
ICGA.DE vs. CXSE - Dividend Comparison
ICGA.DE has not paid dividends to shareholders, while CXSE's dividend yield for the trailing twelve months is around 1.60%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICGA.DE iShares MSCI China UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CXSE WisdomTree China ex-State-Owned Enterprises Fund | 1.60% | 1.71% | 1.55% | 0.86% | 0.54% | 0.96% | 1.49% | 1.24% | 1.39% | 1.02% | 2.29% | 2.75% |
Drawdowns
ICGA.DE vs. CXSE - Drawdown Comparison
The maximum ICGA.DE drawdown since its inception was -55.95%, smaller than the maximum CXSE drawdown of -70.01%. Use the drawdown chart below to compare losses from any high point for ICGA.DE and CXSE. For additional features, visit the drawdowns tool.
Volatility
ICGA.DE vs. CXSE - Volatility Comparison
The current volatility for iShares MSCI China UCITS ETF USD Acc (ICGA.DE) is 10.56%, while WisdomTree China ex-State-Owned Enterprises Fund (CXSE) has a volatility of 11.33%. This indicates that ICGA.DE experiences smaller price fluctuations and is considered to be less risky than CXSE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.