ICHN.AS vs. CNYA
Compare and contrast key facts about iShares MSCI China UCITS ETF (ICHN.AS) and iShares MSCI China A ETF (CNYA).
ICHN.AS and CNYA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ICHN.AS is a passively managed fund by iShares that tracks the performance of the MSCI China NR USD. It was launched on Jun 20, 2019. CNYA is a passively managed fund by iShares that tracks the performance of the MSCI China A Inclusion Index. It was launched on Jun 13, 2016. Both ICHN.AS and CNYA 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: ICHN.AS or CNYA.
Key characteristics
| ICHN.AS | CNYA | |
|---|---|---|
| YTD Return | 1.75% | -7.01% |
| 1Y Return | -3.96% | -11.14% |
| 3Y Return (Ann) | -13.42% | -15.05% |
| 5Y Return (Ann) | -4.94% | -1.45% |
| Sharpe Ratio | -0.15 | -0.73 |
| Daily Std Dev | 22.55% | 16.67% |
| Max Drawdown | -62.67% | -49.49% |
| Current Drawdown | -54.55% | -47.43% |
Correlation
The correlation between ICHN.AS and CNYA is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ICHN.AS vs. CNYA - Performance Comparison
In the year-to-date period, ICHN.AS achieves a 1.75% return, which is significantly higher than CNYA's -7.01% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ICHN.AS vs. CNYA - Expense Ratio Comparison
ICHN.AS has a 0.40% expense ratio, which is lower than CNYA's 0.60% expense ratio.
Risk-Adjusted Performance
ICHN.AS vs. CNYA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China UCITS ETF (ICHN.AS) and iShares MSCI China A ETF (CNYA). 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
ICHN.AS vs. CNYA - Dividend Comparison
ICHN.AS has not paid dividends to shareholders, while CNYA's dividend yield for the trailing twelve months is around 4.63%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
ICHN.AS iShares MSCI China UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CNYA iShares MSCI China A ETF | 4.63% | 4.23% | 2.69% | 1.11% | 1.06% | 1.21% | 3.92% | 0.97% | 1.38% |
Drawdowns
ICHN.AS vs. CNYA - Drawdown Comparison
The maximum ICHN.AS drawdown since its inception was -62.67%, which is greater than CNYA's maximum drawdown of -49.49%. Use the drawdown chart below to compare losses from any high point for ICHN.AS and CNYA. For additional features, visit the drawdowns tool.
Volatility
ICHN.AS vs. CNYA - Volatility Comparison
iShares MSCI China UCITS ETF (ICHN.AS) has a higher volatility of 4.47% compared to iShares MSCI China A ETF (CNYA) at 3.72%. This indicates that ICHN.AS's price experiences larger fluctuations and is considered to be riskier than CNYA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.