JCHI vs. CNYA
Compare and contrast key facts about JPMorgan Active China ETF (JCHI) and iShares MSCI China A ETF (CNYA).
JCHI and CNYA 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. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JCHI or CNYA.
Key characteristics
| JCHI | CNYA | |
|---|---|---|
| YTD Return | 0.45% | -6.97% |
| 1Y Return | -5.96% | -11.70% |
| Sharpe Ratio | -0.28 | -0.67 |
| Daily Std Dev | 20.35% | 16.64% |
| Max Drawdown | -29.57% | -49.49% |
| Current Drawdown | -21.00% | -47.41% |
Correlation
The correlation between JCHI and CNYA is 0.81, 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
JCHI vs. CNYA - Performance Comparison
In the year-to-date period, JCHI achieves a 0.45% return, which is significantly higher than CNYA's -6.97% 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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JCHI vs. CNYA - Expense Ratio Comparison
JCHI has a 0.65% expense ratio, which is higher than CNYA's 0.60% expense ratio.
Risk-Adjusted Performance
JCHI vs. CNYA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Active China ETF (JCHI) 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
JCHI vs. CNYA - Dividend Comparison
JCHI's dividend yield for the trailing twelve months is around 2.12%, less than CNYA's 4.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
JCHI JPMorgan Active China ETF | 2.12% | 2.13% | 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
JCHI vs. CNYA - Drawdown Comparison
The maximum JCHI drawdown since its inception was -29.57%, smaller than the maximum CNYA drawdown of -49.49%. Use the drawdown chart below to compare losses from any high point for JCHI and CNYA. For additional features, visit the drawdowns tool.
Volatility
JCHI vs. CNYA - Volatility Comparison
JPMorgan Active China ETF (JCHI) has a higher volatility of 4.19% compared to iShares MSCI China A ETF (CNYA) at 3.73%. This indicates that JCHI'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.