L4K3.DE vs. XCS7.DE
L4K3.DE (Amundi MSCI China UCITS ETF Acc) and XCS7.DE (Xtrackers MSCI China UCITS ETF 1D) are both China Equities funds tracking the MSCI China, from Amundi and Xtrackers respectively. Both are passively managed. Over the past 3 years, L4K3.DE returned 8.01%/yr vs 7.69%/yr for XCS7.DE. With a 0.99 correlation, they move nearly in lockstep. L4K3.DE charges 0.29%/yr vs 0.28%/yr for XCS7.DE.
Performance
L4K3.DE vs. XCS7.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with L4K3.DE having a -6.67% return and XCS7.DE slightly lower at -6.89%.
L4K3.DE
- 1D
- -0.37%
- 1M
- -3.46%
- YTD
- -6.67%
- 6M
- -9.21%
- 1Y
- 2.64%
- 3Y*
- 8.01%
- 5Y*
- -4.01%
- 10Y*
- —
XCS7.DE
- 1D
- -0.23%
- 1M
- -3.41%
- YTD
- -6.89%
- 6M
- -9.34%
- 1Y
- 2.51%
- 3Y*
- 7.69%
- 5Y*
- —
- 10Y*
- —
L4K3.DE vs. XCS7.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
L4K3.DE Amundi MSCI China UCITS ETF Acc | -6.67% | 17.15% | 27.30% | -14.42% | 4.68% |
XCS7.DE Xtrackers MSCI China UCITS ETF 1D | -6.89% | 16.53% | 27.49% | -14.73% | 4.09% |
Correlation
The correlation between L4K3.DE and XCS7.DE is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Apr 27, 2022 | 0.99 |
The correlation between L4K3.DE and XCS7.DE has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.
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Return for Risk
L4K3.DE vs. XCS7.DE — Risk / Return Rank
L4K3.DE
XCS7.DE
L4K3.DE vs. XCS7.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 MSCI China UCITS ETF 1D (XCS7.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.
| L4K3.DE | XCS7.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.04 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.12 | 0.16 | -0.04 |
| Martin ratioReturn relative to average drawdown | 0.21 | 0.34 | -0.13 |
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
| L4K3.DE | XCS7.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.11 | 0.15 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.14 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.02 | 0.20 | -0.17 |
Drawdowns
L4K3.DE vs. XCS7.DE - Drawdown Comparison
The maximum L4K3.DE drawdown since its inception was -55.69%, which is greater than XCS7.DE's maximum drawdown of -36.62%. Use the drawdown chart below to compare losses from any high point for L4K3.DE and XCS7.DE.
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Drawdown Indicators
| L4K3.DE | XCS7.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.69% | -36.62% | -19.07% |
Max Drawdown (1Y)Largest decline over 1 year | -25.74% | -17.01% | -8.73% |
Max Drawdown (3Y)Largest decline over 3 years | -25.74% | -24.53% | -1.21% |
Max Drawdown (5Y)Largest decline over 5 years | -49.06% | — | — |
Current DrawdownCurrent decline from peak | -31.32% | -14.97% | -16.35% |
Average DrawdownAverage peak-to-trough decline | -28.02% | -15.59% | -12.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.28% | 8.18% | +7.10% |
Volatility
L4K3.DE vs. XCS7.DE - Volatility Comparison
Amundi MSCI China UCITS ETF Acc (L4K3.DE) and Xtrackers MSCI China UCITS ETF 1D (XCS7.DE) have volatilities of 7.29% and 7.33%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| L4K3.DE | XCS7.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.29% | 7.33% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 13.24% | 13.19% | +0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.86% | 18.48% | +9.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.30% | 25.65% | +3.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.03% | 25.65% | +2.38% |
L4K3.DE vs. XCS7.DE - Expense Ratio Comparison
L4K3.DE has a 0.29% expense ratio, which is higher than XCS7.DE's 0.28% expense ratio.
Dividends
L4K3.DE vs. XCS7.DE - Dividend Comparison
L4K3.DE has not paid dividends to shareholders, while XCS7.DE's dividend yield for the trailing twelve months is around 2.11%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
L4K3.DE Amundi MSCI China UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% |
XCS7.DE Xtrackers MSCI China UCITS ETF 1D | 2.11% | 2.35% | 2.05% | 3.49% |
Frequently Asked Questions
With a correlation of 0.97, L4K3.DE and XCS7.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, XCS7.DE is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XCS7.DE is cheaper with a 0.28% expense ratio, compared with 0.29% for L4K3.DE.
Both ETFs track MSCI China. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.29% for L4K3.DE and 0.28% for XCS7.DE.
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