IQQC.DE vs. CNIE.DE
IQQC.DE (iShares China Large Cap UCITS ETF) and CNIE.DE (VanEck New China ESG UCITS ETF A) are both China Equities funds - IQQC.DE tracks the FTSE China 50 while CNIE.DE tracks the MarketGrader New China ESG. Both are passively managed. Over the past 3 years, IQQC.DE returned 8.94%/yr vs -0.19%/yr for CNIE.DE. A 0.70 correlation means they provide meaningful diversification when combined. IQQC.DE charges 0.74%/yr vs 0.60%/yr for CNIE.DE.
Performance
IQQC.DE vs. CNIE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IQQC.DE achieves a -7.00% return, which is significantly lower than CNIE.DE's -3.41% return.
IQQC.DE
- 1D
- -0.30%
- 1M
- -3.70%
- YTD
- -7.00%
- 6M
- -9.66%
- 1Y
- -2.21%
- 3Y*
- 8.94%
- 5Y*
- -2.24%
- 10Y*
- 2.69%
CNIE.DE
- 1D
- -0.76%
- 1M
- -3.01%
- YTD
- -3.41%
- 6M
- -5.32%
- 1Y
- 6.61%
- 3Y*
- -0.19%
- 5Y*
- —
- 10Y*
- —
IQQC.DE vs. CNIE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IQQC.DE iShares China Large Cap UCITS ETF | -7.00% | 14.32% | 39.12% | -16.33% | -13.36% | -4.10% |
CNIE.DE VanEck New China ESG UCITS ETF A | -3.41% | 8.76% | 7.28% | -12.40% | -22.84% | 8.74% |
Correlation
The correlation between IQQC.DE and CNIE.DE is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2021 | 0.70 |
The correlation between IQQC.DE and CNIE.DE has been stable across timeframes, ranging from 0.70 to 0.71 - a consistent structural relationship.
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Return for Risk
IQQC.DE vs. CNIE.DE — Risk / Return Rank
IQQC.DE
CNIE.DE
IQQC.DE vs. CNIE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares China Large Cap UCITS ETF (IQQC.DE) and VanEck New China ESG UCITS ETF A (CNIE.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.
| IQQC.DE | CNIE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.08 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.11 | 0.53 | -0.64 |
| Martin ratioReturn relative to average drawdown | -0.23 | 1.17 | -1.40 |
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
| IQQC.DE | CNIE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.09 | 0.42 | -0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.08 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | -0.16 | +0.33 |
Drawdowns
IQQC.DE vs. CNIE.DE - Drawdown Comparison
The maximum IQQC.DE drawdown since its inception was -67.50%, which is greater than CNIE.DE's maximum drawdown of -45.69%. Use the drawdown chart below to compare losses from any high point for IQQC.DE and CNIE.DE.
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Drawdown Indicators
| IQQC.DE | CNIE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.50% | -45.69% | -21.81% |
Max Drawdown (1Y)Largest decline over 1 year | -15.24% | -12.45% | -2.79% |
Max Drawdown (3Y)Largest decline over 3 years | -27.71% | -29.20% | +1.49% |
Max Drawdown (5Y)Largest decline over 5 years | -47.35% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -53.92% | — | — |
Current DrawdownCurrent decline from peak | -24.02% | -25.25% | +1.23% |
Average DrawdownAverage peak-to-trough decline | -28.16% | -24.67% | -3.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.16% | 5.70% | +1.46% |
Volatility
IQQC.DE vs. CNIE.DE - Volatility Comparison
iShares China Large Cap UCITS ETF (IQQC.DE) has a higher volatility of 6.75% compared to VanEck New China ESG UCITS ETF A (CNIE.DE) at 4.49%. This indicates that IQQC.DE's price experiences larger fluctuations and is considered to be riskier than CNIE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQQC.DE | CNIE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.75% | 4.49% | +2.26% |
Volatility (6M)Calculated over the trailing 6-month period | 12.55% | 10.68% | +1.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.72% | 16.04% | +1.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.20% | 24.27% | +3.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.07% | 24.27% | +0.80% |
IQQC.DE vs. CNIE.DE - Expense Ratio Comparison
IQQC.DE has a 0.74% expense ratio, which is higher than CNIE.DE's 0.60% expense ratio.
Dividends
IQQC.DE vs. CNIE.DE - Dividend Comparison
IQQC.DE's dividend yield for the trailing twelve months is around 1.92%, while CNIE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNIE.DE VanEck New China ESG UCITS ETF A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IQQC.DE iShares China Large Cap UCITS ETF | 1.92% | 1.78% | 2.26% | 2.52% | 2.51% | 1.85% | 2.51% | 2.45% | 3.03% | 2.38% | 2.33% | 2.63% |
Frequently Asked Questions
IQQC.DE and CNIE.DE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CNIE.DE is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CNIE.DE is cheaper with a 0.60% expense ratio, compared with 0.74% for IQQC.DE.
IQQC.DE tracks FTSE China 50, while CNIE.DE tracks MarketGrader New China ESG. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.74% for IQQC.DE and 0.60% for CNIE.DE.
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