L4K3.DE vs. DBX9.DE
L4K3.DE (Amundi MSCI China UCITS ETF Acc) and DBX9.DE (Xtrackers FTSE China 50 UCITS ETF 1C) are both China Equities funds - L4K3.DE tracks the MSCI China while DBX9.DE tracks the FTSE China 50. Both are passively managed. Over the past 5 years, L4K3.DE returned -5.71%/yr vs 0.61%/yr for DBX9.DE. Their correlation of 0.91 suggests significant overlap in exposure. L4K3.DE charges 0.29%/yr vs 0.60%/yr for DBX9.DE.
Performance
L4K3.DE vs. DBX9.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, L4K3.DE achieves a -12.72% return, which is significantly lower than DBX9.DE's 15.56% return.
L4K3.DE
- 1D
- -1.94%
- 1M
- -6.49%
- YTD
- -12.72%
- 6M
- -12.05%
- 1Y
- -4.03%
- 3Y*
- 6.54%
- 5Y*
- -5.71%
- 10Y*
- —
DBX9.DE
- 1D
- 1.58%
- 1M
- 4.42%
- YTD
- 15.56%
- 6M
- 17.29%
- 1Y
- 39.69%
- 3Y*
- 15.94%
- 5Y*
- 0.61%
- 10Y*
- 4.72%
L4K3.DE vs. DBX9.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
L4K3.DE Amundi MSCI China UCITS ETF Acc | -12.72% | 17.16% | 27.31% | -14.42% | -14.92% | -16.74% | 15.64% | 11.55% | -15.73% |
DBX9.DE Xtrackers FTSE China 50 UCITS ETF 1C | 15.56% | 10.03% | 37.71% | -16.44% | -13.64% | -14.99% | -0.86% | 18.35% | -3.62% |
Correlation
The correlation between L4K3.DE and DBX9.DE is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2018 | 0.91 |
Over the past year, the correlation between L4K3.DE and DBX9.DE has dropped to 0.66 - well below their long-term average of 0.91, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
L4K3.DE vs. DBX9.DE — Risk / Return Rank
L4K3.DE
DBX9.DE
L4K3.DE vs. DBX9.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI China UCITS ETF Acc (L4K3.DE) and Xtrackers FTSE China 50 UCITS ETF 1C (DBX9.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| L4K3.DE | DBX9.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.61 | ||
| Sortino ratioReturn per unit of downside risk | -3.39 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.42 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.20 | 5.97 | -6.17 |
| Martin ratioReturn relative to average drawdown | -0.44 | 15.49 | -15.93 |
Loading charts...
Drawdowns
L4K3.DE vs. DBX9.DE - Drawdown Comparison
The maximum L4K3.DE drawdown since its inception was -55.67%, smaller than the maximum DBX9.DE drawdown of -66.51%. Use the drawdown chart below to compare losses from any high point for L4K3.DE and DBX9.DE.
Loading charts...
Drawdown Indicators
| L4K3.DE | DBX9.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.67% | -66.51% | +10.84% |
Max Drawdown (1Y)Largest decline over 1 year | -20.26% | -6.62% | -13.64% |
Max Drawdown (3Y)Largest decline over 3 years | -24.73% | -27.85% | +3.12% |
Max Drawdown (5Y)Largest decline over 5 years | -49.05% | -47.60% | -1.45% |
Max Drawdown (10Y)Largest decline over 10 years | — | -53.99% | — |
Current DrawdownCurrent decline from peak | -35.75% | -10.16% | -25.59% |
Average DrawdownAverage peak-to-trough decline | -27.71% | -29.44% | +1.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.08% | 2.55% | +6.53% |
Volatility
L4K3.DE vs. DBX9.DE - Volatility Comparison
Amundi MSCI China UCITS ETF Acc (L4K3.DE) has a higher volatility of 6.67% compared to Xtrackers FTSE China 50 UCITS ETF 1C (DBX9.DE) at 5.99%. This indicates that L4K3.DE's price experiences larger fluctuations and is considered to be riskier than DBX9.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| L4K3.DE | DBX9.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.67% | 5.99% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 13.49% | 11.34% | +2.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.01% | 16.50% | +2.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.89% | 27.23% | +0.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.98% | 24.52% | +2.46% |
L4K3.DE vs. DBX9.DE - Expense Ratio Comparison
L4K3.DE has a 0.29% expense ratio, which is lower than DBX9.DE's 0.60% expense ratio.
Dividends
L4K3.DE vs. DBX9.DE - Dividend Comparison
Neither L4K3.DE nor DBX9.DE has paid dividends to shareholders.
Frequently Asked Questions
L4K3.DE and DBX9.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, L4K3.DE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
L4K3.DE is cheaper with a 0.29% expense ratio, compared with 0.60% for DBX9.DE.
L4K3.DE tracks MSCI China, while DBX9.DE tracks FTSE China 50. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.29% for L4K3.DE and 0.60% for DBX9.DE.
Find the right allocation for L4K3.DE and DBX9.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer