MIDE vs. CN

Last updated Jun 23, 2026

MIDE (Xtrackers S&P MidCap 400 ESG ETF) and CN (Xtrackers MSCI All China Equity ETF) are both exchange-traded funds - MIDE is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 ESG Index, while CN is a China Equities fund tracking the MSCI China All Shares. Both are passively managed. At a 0.29 correlation, their price movements are largely independent. MIDE charges 0.15%/yr vs 0.50%/yr for CN.

Performance

MIDE vs. CN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers S&P MidCap 400 ESG ETF (MIDE) and Xtrackers MSCI All China Equity ETF (CN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MIDE

• 1D: 0.38%
• 1M: 3.39%
• YTD: 15.21%
• 6M: 13.01%
• 1Y: 29.37%
• 3Y*: 16.41%
• 5Y*: 8.90%
• 10Y*: —

CN

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MIDE vs. CN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
MIDE Xtrackers S&P MidCap 400 ESG ETF	15.21%	9.81%	11.21%	15.20%	-11.63%	11.80%
CN Xtrackers MSCI All China Equity ETF	0.00%	0.00%	-3.10%	-11.87%	-23.85%	-21.69%

Correlation

The correlation between MIDE and CN is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (All Time) Calculated using the full available price history since Feb 24, 2021	0.29

The correlation between MIDE and CN shifts across timeframes, from 0.18 (3 years) to 0.29 (all time), reflecting how their relationship changes across market environments.

MIDE vs. CN - Sectors Allocation Comparison

Sectors	MIDE	CN
Industrials	21.9%	1.0%
Technology	18.6%	0.3%
Financial Services	15.1%	55.1%
Consumer Cyclical	10.9%	5.4%
Healthcare	9.0%	0.8%
Real Estate	8.4%	0.8%
Energy	5.4%	0.9%
Basic Materials	4.5%	0.6%
Consumer Defensive	3.3%	0.3%
Utilities	1.7%	0.2%
Communication Services	1.2%	0.4%

Return for Risk

MIDE vs. CN — Risk / Return Rank

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

MIDE

MIDE Risk / Return Rank: 59
MIDE Sharpe Ratio Rank: 56
MIDE Sortino Ratio Rank: 57
MIDE Omega Ratio Rank: 53
MIDE Calmar Ratio Rank: 65
MIDE Martin Ratio Rank: 64

CN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

MIDE vs. CN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P MidCap 400 ESG ETF (MIDE) and Xtrackers MSCI All China Equity ETF (CN). 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.

	MIDE	CN	Difference
Sharpe ratio: Return per unit of total volatility	1.84	—	—
Sortino ratio: Return per unit of downside risk	2.63	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	3.15	—	—
Martin ratio: Return relative to average drawdown	11.21	—	—

Drawdowns

Drawdown Indicators

	MIDE	CN	Difference
Max Drawdown Largest peak-to-trough decline	-24.59%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.36%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.59%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.59%	—	—
Current Drawdown Current decline from peak	-0.14%	—	—
Average Drawdown Average peak-to-trough decline	-6.44%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.63%	—	—

Volatility

Volatility by Period

	MIDE	CN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.45%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.08%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.72%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.65%	—	—

MIDE vs. CN - Expense Ratio Comparison

MIDE has a 0.15% expense ratio, which is lower than CN's 0.50% expense ratio.

Dividends

MIDE vs. CN - Dividend Comparison

MIDE's dividend yield for the trailing twelve months is around 1.26%, while CN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CN Xtrackers MSCI All China Equity ETF	0.00%	0.00%	0.00%	4.04%	1.80%	2.00%	0.78%	4.18%	2.09%	0.81%	11.41%	14.00%
MIDE Xtrackers S&P MidCap 400 ESG ETF	1.26%	1.52%	1.45%	1.36%	1.33%	0.93%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MIDE and CN in my portfolio?

MIDE and CN have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MIDE or CN?

On fees, MIDE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MIDE or CN?

MIDE is cheaper with a 0.15% expense ratio, compared with 0.50% for CN.

Which ETF pays a higher dividend yield, MIDE or CN?

MIDE has the higher dividend yield at 1.26%, compared with 0.00% for CN.

What is the main difference between MIDE and CN?

MIDE is categorized as Mid Cap Blend Equities, while CN is China Equities. MIDE tracks S&P MidCap 400 ESG Index, while CN tracks MSCI China All Shares. Their fees differ too: 0.15% for MIDE and 0.50% for CN.