LHKG.DE vs. CNAA.DE
LHKG.DE (Lyxor MSCI China ESG Leaders Extra UCITS ETF Dist) and CNAA.DE (Amundi MSCI China A UCITS ETF Acc) are both China Equities funds from Amundi - LHKG.DE tracks the MSCI China Select ESG Rating and Trend Leaders while CNAA.DE tracks the MSCI China A. Both are passively managed. Over the past 5 years, LHKG.DE returned -2.20%/yr vs -0.21%/yr for CNAA.DE. A 0.68 correlation means they provide meaningful diversification when combined. LHKG.DE charges 0.65%/yr vs 0.35%/yr for CNAA.DE.
Performance
LHKG.DE vs. CNAA.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 CNAA.DE's 9.91% 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%
CNAA.DE
- 1D
- -0.79%
- 1M
- 0.35%
- YTD
- 9.91%
- 6M
- 11.19%
- 1Y
- 33.60%
- 3Y*
- 8.43%
- 5Y*
- -0.21%
- 10Y*
- —
LHKG.DE vs. CNAA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
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% | 5.87% |
CNAA.DE Amundi MSCI China A UCITS ETF Acc | 9.91% | 10.09% | 19.81% | -17.19% | -20.96% | 13.50% | 28.18% | 12.50% |
Correlation
The correlation between LHKG.DE and CNAA.DE is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since May 30, 2019 | 0.68 |
The correlation between LHKG.DE and CNAA.DE has been stable across timeframes, ranging from 0.63 to 0.68 - a consistent structural relationship.
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Return for Risk
LHKG.DE vs. CNAA.DE — Risk / Return Rank
LHKG.DE
CNAA.DE
LHKG.DE vs. CNAA.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 Amundi MSCI China A UCITS ETF Acc (CNAA.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 | CNAA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.87 | ||
| Sortino ratioReturn per unit of downside risk | -2.50 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.37 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 0.20 | 5.08 | -4.88 |
| Martin ratioReturn relative to average drawdown | 0.38 | 13.52 | -13.14 |
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 | CNAA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.18 | 2.04 | -1.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | -0.01 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.29 | -0.16 |
Drawdowns
LHKG.DE vs. CNAA.DE - Drawdown Comparison
The maximum LHKG.DE drawdown since its inception was -58.71%, which is greater than CNAA.DE's maximum drawdown of -43.90%. Use the drawdown chart below to compare losses from any high point for LHKG.DE and CNAA.DE.
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Drawdown Indicators
| LHKG.DE | CNAA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.71% | -43.90% | -14.81% |
Max Drawdown (1Y)Largest decline over 1 year | -17.64% | -6.65% | -10.99% |
Max Drawdown (3Y)Largest decline over 3 years | -26.41% | -27.84% | +1.43% |
Max Drawdown (5Y)Largest decline over 5 years | -43.07% | -41.85% | -1.22% |
Max Drawdown (10Y)Largest decline over 10 years | -45.11% | — | — |
Current DrawdownCurrent decline from peak | -16.18% | -11.33% | -4.85% |
Average DrawdownAverage peak-to-trough decline | -19.83% | -19.23% | -0.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.15% | 2.50% | +6.65% |
Volatility
LHKG.DE vs. CNAA.DE - Volatility Comparison
Lyxor MSCI China ESG Leaders Extra UCITS ETF Dist (LHKG.DE) has a higher volatility of 8.31% compared to Amundi MSCI China A UCITS ETF Acc (CNAA.DE) at 6.13%. This indicates that LHKG.DE's price experiences larger fluctuations and is considered to be riskier than CNAA.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 | CNAA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.31% | 6.13% | +2.18% |
Volatility (6M)Calculated over the trailing 6-month period | 14.08% | 11.38% | +2.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.89% | 16.52% | +3.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.93% | 21.44% | +3.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.47% | 22.51% | -0.04% |
LHKG.DE vs. CNAA.DE - Expense Ratio Comparison
LHKG.DE has a 0.65% expense ratio, which is higher than CNAA.DE's 0.35% expense ratio.
Dividends
LHKG.DE vs. CNAA.DE - Dividend Comparison
LHKG.DE's dividend yield for the trailing twelve months is around 1.61%, while CNAA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNAA.DE Amundi MSCI China A UCITS ETF Acc | 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 CNAA.DE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CNAA.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CNAA.DE is cheaper with a 0.35% expense ratio, compared with 0.65% for LHKG.DE.
LHKG.DE tracks MSCI China Select ESG Rating and Trend Leaders, while CNAA.DE tracks MSCI China A. Their fees differ too: 0.65% for LHKG.DE and 0.35% for CNAA.DE.
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