M9SV.DE vs. RQFI.DE

Last updated Jul 16, 2026

M9SV.DE (Market Access STOXX China A Minimum Variance Index UCITS ETF C EUR) and RQFI.DE (Xtrackers Harvest CSI 300 UCITS ETF 1D) are both China Equities funds - M9SV.DE tracks the STOXX China A 900 Minimum Variance Unconstrained AM Index while RQFI.DE tracks the MSCI China A Onshore NR CNY. Both are passively managed. Over the past 5 years, M9SV.DE returned 4.55%/yr vs 0.16%/yr for RQFI.DE. A 0.62 correlation means they provide meaningful diversification when combined. M9SV.DE charges 0.45%/yr vs 0.65%/yr for RQFI.DE.

Performance

M9SV.DE vs. RQFI.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Market Access STOXX China A Minimum Variance Index UCITS ETF C EUR (M9SV.DE) and Xtrackers Harvest CSI 300 UCITS ETF 1D (RQFI.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, M9SV.DE achieves a -4.50% return, which is significantly lower than RQFI.DE's 10.36% return.

M9SV.DE

• 1D: -1.69%
• 1M: -4.54%
• 6M: -6.05%
• YTD: -4.50%
• 1Y: 0.43%
• 3Y*: 6.93%
• 5Y*: 4.55%
• 10Y*: —

RQFI.DE

• 1D: 0.33%
• 1M: -0.41%
• 6M: 6.78%
• YTD: 10.36%
• 1Y: 31.10%
• 3Y*: 10.31%
• 5Y*: 0.16%
• 10Y*: 4.72%

*Multi-year figures are annualized to reflect compound growth (CAGR)

M9SV.DE vs. RQFI.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
M9SV.DE Market Access STOXX China A Minimum Variance Index UCITS ETF C EUR	-4.50%	-5.32%	37.47%	2.90%	-11.14%	18.00%	14.68%	7.74%	-16.71%
RQFI.DE Xtrackers Harvest CSI 300 UCITS ETF 1D	10.36%	11.14%	22.23%	-16.63%	-21.95%	7.70%	24.38%	37.47%	-23.76%

Correlation

The correlation between M9SV.DE and RQFI.DE is 0.52, 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	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (All Time) Calculated using the full available price history since Jun 7, 2018	0.62

The correlation between M9SV.DE and RQFI.DE shifts across timeframes, from 0.51 (3 years) to 0.62 (all time), reflecting how their relationship changes across market environments.

Return for Risk

M9SV.DE vs. RQFI.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

M9SV.DE

M9SV.DE Risk / Return Rank: 11
M9SV.DE Sharpe Ratio Rank: 11
M9SV.DE Sortino Ratio Rank: 10
M9SV.DE Omega Ratio Rank: 10
M9SV.DE Calmar Ratio Rank: 11
M9SV.DE Martin Ratio Rank: 12

RQFI.DE

RQFI.DE Risk / Return Rank: 74
RQFI.DE Sharpe Ratio Rank: 69
RQFI.DE Sortino Ratio Rank: 67
RQFI.DE Omega Ratio Rank: 63
RQFI.DE Calmar Ratio Rank: 91
RQFI.DE Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

M9SV.DE vs. RQFI.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Market Access STOXX China A Minimum Variance Index UCITS ETF C EUR (M9SV.DE) and Xtrackers Harvest CSI 300 UCITS ETF 1D (RQFI.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.

	M9SV.DE	RQFI.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.12	1.80	-1.68
Sortino ratio: Return per unit of downside risk	0.25	2.49	-2.24
Omega ratio: Gain probability vs. loss probability	1.03	1.31	-0.28
Calmar ratio: Return relative to maximum drawdown	0.18	4.46	-4.28
Martin ratio: Return relative to average drawdown	0.41	12.27	-11.86

M9SV.DE vs. RQFI.DE - Sharpe Ratio Comparison

The current M9SV.DE Sharpe Ratio is 0.12, which is lower than the RQFI.DE Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of M9SV.DE and RQFI.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

M9SV.DE vs. RQFI.DE - Drawdown Comparison

The maximum M9SV.DE drawdown since its inception was -23.79%, smaller than the maximum RQFI.DE drawdown of -51.79%. Use the drawdown chart below to compare losses from any high point for M9SV.DE and RQFI.DE.

Drawdown Indicators

	M9SV.DE	RQFI.DE	Difference
Max Drawdown Largest peak-to-trough decline	-23.79%	-51.79%	+28.00%
Max Drawdown (1Y) Largest decline over 1 year	-7.48%	-6.95%	-0.53%
Max Drawdown (3Y) Largest decline over 3 years	-23.79%	-27.47%	+3.68%
Max Drawdown (5Y) Largest decline over 5 years	-23.79%	-41.42%	+17.63%
Max Drawdown (10Y) Largest decline over 10 years	—	-45.24%	—
Current Drawdown Current decline from peak	-17.81%	-11.83%	-5.98%
Average Drawdown Average peak-to-trough decline	-9.52%	-28.19%	+18.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.21%	2.53%	+0.68%

Volatility

M9SV.DE vs. RQFI.DE - Volatility Comparison

The current volatility for Market Access STOXX China A Minimum Variance Index UCITS ETF C EUR (M9SV.DE) is 3.73%, while Xtrackers Harvest CSI 300 UCITS ETF 1D (RQFI.DE) has a volatility of 7.71%. This indicates that M9SV.DE experiences smaller price fluctuations and is considered to be less risky than RQFI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	M9SV.DE	RQFI.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.73%	7.71%	-3.98%
Volatility (6M) Calculated over the trailing 6-month period	7.51%	12.78%	-5.27%
Volatility (1Y) Calculated over the trailing 1-year period	11.20%	17.17%	-5.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.43%	21.11%	-0.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.49%	21.88%	-0.39%

M9SV.DE vs. RQFI.DE - Expense Ratio Comparison

M9SV.DE has a 0.45% expense ratio, which is lower than RQFI.DE's 0.65% expense ratio.

Dividends

M9SV.DE vs. RQFI.DE - Dividend Comparison

M9SV.DE has not paid dividends to shareholders, while RQFI.DE's dividend yield for the trailing twelve months is around 1.44%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
M9SV.DE Market Access STOXX China A Minimum Variance Index UCITS ETF C EUR	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RQFI.DE Xtrackers Harvest CSI 300 UCITS ETF 1D	1.44%	1.84%	1.40%	1.98%	1.97%	0.90%	1.32%	0.75%	2.31%	2.00%	1.81%	0.37%

Frequently Asked Questions

Can I hold both M9SV.DE and RQFI.DE in my portfolio?

M9SV.DE and RQFI.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, M9SV.DE or RQFI.DE?

On fees, M9SV.DE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, M9SV.DE or RQFI.DE?

M9SV.DE is cheaper with a 0.45% expense ratio, compared with 0.65% for RQFI.DE.

What is the main difference between M9SV.DE and RQFI.DE?

M9SV.DE tracks STOXX China A 900 Minimum Variance Unconstrained AM Index, while RQFI.DE tracks MSCI China A Onshore NR CNY. They also come from different issuers: Market Access and Xtrackers. Their fees differ too: 0.45% for M9SV.DE and 0.65% for RQFI.DE.