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MONY.AX vs. CETF.AX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MONY.AX vs. CETF.AX

Last updated Jul 16, 2026
Documentation

MONY.AX (VanEck Cash Plus Active ETF) and CETF.AX (VanEck FTSE China A50 ETF) are both exchange-traded funds - MONY.AX is a Money Market fund actively managed by VanEck, while CETF.AX is a China Equities fund tracking the FTSE China A50 Net Tax AUD Index. MONY.AX is actively managed, while CETF.AX is passively managed. At a correlation of -0.13, they often move in opposite directions.

Performance

MONY.AX vs. CETF.AX - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in VanEck Cash Plus Active ETF (MONY.AX) and VanEck FTSE China A50 ETF (CETF.AX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

MONY.AX

1D
0.08%
1M
0.44%
6M
—
YTD
—
1Y
—
3Y*
—
5Y*
—
10Y*
—

CETF.AX

1D
-1.86%
1M
-1.13%
6M
-2.24%
YTD
-0.98%
1Y
11.65%
3Y*
9.83%
5Y*
0.64%
10Y*
5.29%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MONY.AX vs. CETF.AX - Yearly Performance Comparison

2026 (YTD)
MONY.AX
VanEck Cash Plus Active ETF		1.73%
CETF.AX
VanEck FTSE China A50 ETF		6.48%

Correlation

The correlation between MONY.AX and CETF.AX is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (All Time)
Calculated using the full available price history since Feb 5, 2026

-0.13

Compare stocks, funds, or ETFs

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VanEck Cash Plus Active ETF

VanEck FTSE China A50 ETF

Return for Risk

MONY.AX vs. CETF.AX — Risk / Return Rank

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

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

CETF.AX
CETF.AX Risk / Return Rank: 2424
Overall Rank
CETF.AX Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
CETF.AX Sortino Ratio Rank: 2323
Sortino Ratio Rank
CETF.AX Omega Ratio Rank: 2323
Omega Ratio Rank
CETF.AX Calmar Ratio Rank: 2424
Calmar Ratio Rank
CETF.AX Martin Ratio Rank: 2323
Martin Ratio Rank
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.

MONY.AX vs. CETF.AX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Cash Plus Active ETF (MONY.AX) and VanEck FTSE China A50 ETF (CETF.AX). 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.

MONY.AXCETF.AXDifference
Sharpe ratioReturn per unit of total volatility

—

0.76

—

Sortino ratioReturn per unit of downside risk

—

1.11

—

Omega ratioGain probability vs. loss probability

—

1.14

—

Calmar ratioReturn relative to maximum drawdown

—

0.97

—

Martin ratioReturn relative to average drawdown

—

2.38

—

MONY.AX vs. CETF.AX - Sharpe Ratio Comparison

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Drawdowns

MONY.AX vs. CETF.AX - Drawdown Comparison

The maximum MONY.AX drawdown since its inception was -0.32%, smaller than the maximum CETF.AX drawdown of -41.32%. Use the drawdown chart below to compare losses from any high point for MONY.AX and CETF.AX.

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Drawdown Indicators

MONY.AXCETF.AXDifference

Max Drawdown

Largest peak-to-trough decline

-0.32%

-41.32%

+41.00%

Max Drawdown (1Y)

Largest decline over 1 year

—

-12.01%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-19.05%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-33.90%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-40.95%

—

Current Drawdown

Current decline from peak

0.00%

-11.36%

+11.36%

Average Drawdown

Average peak-to-trough decline

-0.05%

-23.78%

+23.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

4.95%

—

Volatility

MONY.AX vs. CETF.AX - Volatility Comparison

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Volatility by Period

MONY.AXCETF.AXDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

5.19%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

11.75%

—

Volatility (1Y)

Calculated over the trailing 1-year period

0.94%

15.18%

-14.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

0.94%

19.75%

-18.81%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

0.94%

20.06%

-19.12%

Dividends

MONY.AX vs. CETF.AX - Dividend Comparison

MONY.AX's dividend yield for the trailing twelve months is around 1.48%, less than CETF.AX's 1.87% yield.

PositionTTM20252024202320222021202020192018201720162015
CETF.AX
VanEck FTSE China A50 ETF		1.87%1.94%1.55%2.94%2.80%1.80%1.30%1.28%11.56%1.08%1.16%3.19%
MONY.AX
VanEck Cash Plus Active ETF		1.48%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

MONY.AX and CETF.AX have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

MONY.AX is categorized as Money Market, while CETF.AX is China Equities.

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