LHKG.DE vs. CEBG.DE
LHKG.DE (Lyxor MSCI China ESG Leaders Extra UCITS ETF Dist) and CEBG.DE (VanEck New China ESG UCITS ETF A) are both China Equities funds - LHKG.DE tracks the MSCI China Select ESG Rating and Trend Leaders while CEBG.DE tracks the MarketGrader New China ESG. Both are passively managed. Over the past 10 years, LHKG.DE returned 2.55%/yr vs 6.90%/yr for CEBG.DE. At a 0.45 correlation, their price movements are largely independent. LHKG.DE charges 0.65%/yr vs 0.60%/yr for CEBG.DE.
Performance
LHKG.DE vs. CEBG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LHKG.DE achieves a -6.38% return, which is significantly lower than CEBG.DE's 11.81% return. Over the past 10 years, LHKG.DE has underperformed CEBG.DE with an annualized return of 2.55%, while CEBG.DE has yielded a comparatively higher 6.90% annualized return.
LHKG.DE
- 1D
- -0.30%
- 1M
- -2.25%
- YTD
- -6.38%
- 6M
- -8.89%
- 1Y
- 2.88%
- 3Y*
- 6.17%
- 5Y*
- -2.20%
- 10Y*
- 2.55%
CEBG.DE
- 1D
- -2.29%
- 1M
- -0.50%
- YTD
- 11.81%
- 6M
- 15.24%
- 1Y
- 32.71%
- 3Y*
- 9.54%
- 5Y*
- 13.92%
- 10Y*
- 6.90%
LHKG.DE vs. CEBG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LHKG.DE Lyxor MSCI China ESG Leaders Extra UCITS ETF Dist | -6.38% | 21.50% | 20.37% | -17.49% | -7.90% | -6.59% | -10.39% | 16.35% | -8.73% | 22.42% |
CEBG.DE VanEck New China ESG UCITS ETF A | 11.81% | 38.75% | -22.52% | 33.05% | 5.85% | 26.86% | -10.03% | 15.73% | -10.56% | -0.89% |
Correlation
The correlation between LHKG.DE and CEBG.DE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2010 | 0.45 |
The correlation between LHKG.DE and CEBG.DE shifts across timeframes, from 0.28 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LHKG.DE vs. CEBG.DE — Risk / Return Rank
LHKG.DE
CEBG.DE
LHKG.DE vs. CEBG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor MSCI China ESG Leaders Extra UCITS ETF Dist (LHKG.DE) and VanEck New China ESG UCITS ETF A (CEBG.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.
| LHKG.DE | CEBG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.46 | ||
| Sortino ratioReturn per unit of downside risk | -1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.29 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.20 | 2.78 | -2.58 |
| Martin ratioReturn relative to average drawdown | 0.38 | 11.03 | -10.65 |
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
| LHKG.DE | CEBG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.18 | 1.63 | -1.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | 0.65 | -0.74 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | 0.28 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.24 | -0.12 |
Drawdowns
LHKG.DE vs. CEBG.DE - Drawdown Comparison
The maximum LHKG.DE drawdown since its inception was -58.71%, which is greater than CEBG.DE's maximum drawdown of -53.49%. Use the drawdown chart below to compare losses from any high point for LHKG.DE and CEBG.DE.
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Drawdown Indicators
| LHKG.DE | CEBG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.71% | -53.49% | -5.22% |
Max Drawdown (1Y)Largest decline over 1 year | -17.64% | -11.78% | -5.86% |
Max Drawdown (3Y)Largest decline over 3 years | -26.41% | -30.41% | +4.00% |
Max Drawdown (5Y)Largest decline over 5 years | -43.07% | -30.41% | -12.66% |
Max Drawdown (10Y)Largest decline over 10 years | -45.11% | -49.60% | +4.49% |
Current DrawdownCurrent decline from peak | -16.18% | -4.44% | -11.74% |
Average DrawdownAverage peak-to-trough decline | -19.83% | -15.04% | -4.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.15% | 2.98% | +6.17% |
Volatility
LHKG.DE vs. CEBG.DE - Volatility Comparison
Lyxor MSCI China ESG Leaders Extra UCITS ETF Dist (LHKG.DE) has a higher volatility of 8.31% compared to VanEck New China ESG UCITS ETF A (CEBG.DE) at 7.80%. This indicates that LHKG.DE's price experiences larger fluctuations and is considered to be riskier than CEBG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LHKG.DE | CEBG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.31% | 7.80% | +0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 14.08% | 16.73% | -2.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.89% | 20.05% | -0.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.93% | 21.13% | +3.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.47% | 24.18% | -1.71% |
LHKG.DE vs. CEBG.DE - Expense Ratio Comparison
LHKG.DE has a 0.65% expense ratio, which is higher than CEBG.DE's 0.60% expense ratio.
Dividends
LHKG.DE vs. CEBG.DE - Dividend Comparison
LHKG.DE's dividend yield for the trailing twelve months is around 1.61%, while CEBG.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEBG.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% |
LHKG.DE Lyxor MSCI China ESG Leaders Extra UCITS ETF Dist | 1.61% | 1.50% | 2.18% | 0.17% | 3.78% | 1.35% | 2.46% | 2.58% | 3.04% | 2.30% | 3.38% | 3.88% |
Frequently Asked Questions
LHKG.DE and CEBG.DE have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CEBG.DE is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CEBG.DE is cheaper with a 0.60% expense ratio, compared with 0.65% for LHKG.DE.
LHKG.DE tracks MSCI China Select ESG Rating and Trend Leaders, while CEBG.DE tracks MarketGrader New China ESG. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.65% for LHKG.DE and 0.60% for CEBG.DE.
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