JCHI vs. ASHX

Last updated Apr 2, 2026

Compare and contrast key facts about JPMorgan Active China ETF (JCHI) and Xtrackers MSCI China A Inclusion Equity ETF (ASHX).

JCHI and ASHX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JCHI is an actively managed fund by JPMorgan. It was launched on Mar 15, 2023. ASHX is a passively managed fund by Deutsche Bank that tracks the performance of the MSCI China A Inclusion Index. It was launched on Oct 20, 2015.

Performance

JCHI vs. ASHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Active China ETF (JCHI) and Xtrackers MSCI China A Inclusion Equity ETF (ASHX). The values are adjusted to include any dividend payments, if applicable.

JCHI vs. ASHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JCHI JPMorgan Active China ETF	-4.46%	27.66%	13.77%	-17.06%
ASHX Xtrackers MSCI China A Inclusion Equity ETF	0.00%	0.00%	0.27%	-15.39%

Returns By Period

JCHI

• 1D: 0.61%
• 1M: -4.41%
• YTD: -4.46%
• 6M: -11.12%
• 1Y: 9.44%
• 3Y*: 3.21%
• 5Y*: —
• 10Y*: —

ASHX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JCHI vs. ASHX - Expense Ratio Comparison

JCHI has a 0.65% expense ratio, which is higher than ASHX's 0.60% expense ratio.

JCHI

JPMorgan Active China ETF

ASHX

Xtrackers MSCI China A Inclusion Equity ETF

Return for Risk

JCHI vs. ASHX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JCHI

JCHI Risk / Return Rank: 24
JCHI Sharpe Ratio Rank: 24
JCHI Sortino Ratio Rank: 24
JCHI Omega Ratio Rank: 24
JCHI Calmar Ratio Rank: 24
JCHI Martin Ratio Rank: 23

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JCHI vs. ASHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Active China ETF (JCHI) and Xtrackers MSCI China A Inclusion Equity ETF (ASHX). 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.

	JCHI	ASHX	Difference
Sharpe ratio Return per unit of total volatility	0.46	—	—
Sortino ratio Return per unit of downside risk	0.74	—	—
Omega ratio Gain probability vs. loss probability	1.10	—	—
Calmar ratio Return relative to maximum drawdown	0.57	—	—
Martin ratio Return relative to average drawdown	1.66	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JCHI	ASHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	—	—

Correlation

The correlation between JCHI and ASHX is 0.44, 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.

Dividends

JCHI vs. ASHX - Dividend Comparison

JCHI's dividend yield for the trailing twelve months is around 1.89%, while ASHX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JCHI JPMorgan Active China ETF	1.89%	1.81%	2.12%	2.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ASHX Xtrackers MSCI China A Inclusion Equity ETF	0.00%	0.00%	0.00%	2.38%	1.76%	0.84%	0.80%	1.78%	1.07%	2.48%	19.46%	2.91%

Drawdowns

Drawdown Indicators

	JCHI	ASHX	Difference
Max Drawdown Largest peak-to-trough decline	-29.57%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-15.93%	—	—
Current Drawdown Current decline from peak	-11.98%	—	—
Average Drawdown Average peak-to-trough decline	-13.67%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.64%	—	—

Volatility

Volatility by Period

	JCHI	ASHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.77%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.55%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.80%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.16%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.16%	—	—