M9SV.L vs. BLK

Last updated Jun 5, 2026

M9SV.L (Market Access STOXX China A Minimum Variance UCITS ETF) is China Equities fund tracking the MSCI China A Onshore NR CNY, while BLK (BlackRock, Inc.) is a stock. Over the past 5 years, M9SV.L returned 4.90%/yr vs 6.42%/yr for BLK. At a 0.17 correlation, their price movements are largely independent.

Performance

M9SV.L vs. BLK - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Market Access STOXX China A Minimum Variance UCITS ETF (M9SV.L) and BlackRock, Inc. (BLK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

M9SV.L is traded in GBP, while BLK is traded in USD. To make them comparable, the BLK values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, M9SV.L achieves a -1.93% return, which is significantly higher than BLK's -3.54% return.

M9SV.L

• 1D: -0.83%
• 1M: -1.77%
• YTD: -1.93%
• 6M: -1.72%
• 1Y: 7.63%
• 3Y*: 6.60%
• 5Y*: 4.90%
• 10Y*: —

BLK

• 1D: 0.00%
• 1M: -3.52%
• YTD: -3.54%
• 6M: -4.73%
• 1Y: 6.55%
• 3Y*: 14.04%
• 5Y*: 6.42%
• 10Y*: 14.66%

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

M9SV.L vs. BLK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
M9SV.L Market Access STOXX China A Minimum Variance UCITS ETF	-1.93%	0.90%	30.31%	0.87%	-6.40%	7.53%	22.73%	5.67%	-5.57%
BLK BlackRock, Inc.	-3.54%	-1.04%	31.55%	11.97%	-10.93%	30.62%	42.88%	26.85%	-16.36%

Correlation

The correlation between M9SV.L and BLK is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (All Time) Calculated using the full available price history since Aug 7, 2018	0.17

The correlation between M9SV.L and BLK shifts across timeframes, from 0.05 (3 years) to 0.17 (all time), reflecting how their relationship changes across market environments.

Return for Risk

M9SV.L vs. BLK — Risk / Return Rank

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

M9SV.L

M9SV.L Risk / Return Rank: 20
M9SV.L Sharpe Ratio Rank: 20
M9SV.L Sortino Ratio Rank: 19
M9SV.L Omega Ratio Rank: 18
M9SV.L Calmar Ratio Rank: 20
M9SV.L Martin Ratio Rank: 21

BLK

BLK Risk / Return Rank: 43
BLK Sharpe Ratio Rank: 46
BLK Sortino Ratio Rank: 39
BLK Omega Ratio Rank: 39
BLK Calmar Ratio Rank: 45
BLK Martin Ratio Rank: 45

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.L vs. BLK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Market Access STOXX China A Minimum Variance UCITS ETF (M9SV.L) and BlackRock, Inc. (BLK). 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.

	M9SV.L	BLK	Difference
Sharpe ratio: Return per unit of total volatility	0.62	0.26	+0.36
Sortino ratio: Return per unit of downside risk	0.97	0.51	+0.46
Omega ratio: Gain probability vs. loss probability	1.11	1.07	+0.04
Calmar ratio: Return relative to maximum drawdown	0.87	0.30	+0.58
Martin ratio: Return relative to average drawdown	2.39	0.67	+1.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

M9SV.L vs. BLK - Sharpe Ratio Comparison

The current M9SV.L Sharpe Ratio is 0.62, which is higher than the BLK Sharpe Ratio of 0.26. The chart below compares the historical Sharpe Ratios of M9SV.L and BLK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	M9SV.L	BLK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	0.26	+0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.25	0.26	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.47	-0.16

Drawdowns

M9SV.L vs. BLK - Drawdown Comparison

The maximum M9SV.L drawdown since its inception was -21.64%, smaller than the maximum BLK drawdown of -49.01%. Use the drawdown chart below to compare losses from any high point for M9SV.L and BLK.

Drawdown Indicators

	M9SV.L	BLK	Difference
Max Drawdown Largest peak-to-trough decline	-21.64%	-49.01%	+27.37%
Max Drawdown (1Y) Largest decline over 1 year	-8.71%	-22.18%	+13.47%
Max Drawdown (3Y) Largest decline over 3 years	-21.64%	-26.07%	+4.43%
Max Drawdown (5Y) Largest decline over 5 years	-21.64%	-33.61%	+11.97%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.42%	—
Current Drawdown Current decline from peak	-11.94%	-14.25%	+2.31%
Average Drawdown Average peak-to-trough decline	-7.84%	-11.72%	+3.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.19%	9.86%	-6.67%

Volatility

M9SV.L vs. BLK - Volatility Comparison

The current volatility for Market Access STOXX China A Minimum Variance UCITS ETF (M9SV.L) is 2.56%, while BlackRock, Inc. (BLK) has a volatility of 7.95%. This indicates that M9SV.L experiences smaller price fluctuations and is considered to be less risky than BLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	M9SV.L	BLK	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.56%	7.95%	-5.39%
Volatility (6M) Calculated over the trailing 6-month period	7.77%	20.04%	-12.27%
Volatility (1Y) Calculated over the trailing 1-year period	12.18%	25.14%	-12.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.98%	24.97%	-4.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.48%	27.04%	-6.56%

Dividends

M9SV.L vs. BLK - Dividend Comparison

M9SV.L has not paid dividends to shareholders, while BLK's dividend yield for the trailing twelve months is around 2.20%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BLK BlackRock, Inc.	2.20%	1.95%	1.99%	2.46%	2.75%	1.80%	2.01%	2.63%	3.08%	1.95%	2.41%	2.56%
M9SV.L Market Access STOXX China A Minimum Variance UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both M9SV.L and BLK in my portfolio?

M9SV.L and BLK have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.