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QARP vs. ASHS
Performance
Return for Risk
Dividends
Drawdowns
Volatility

QARP vs. ASHS

Last updated Apr 1, 2026

Compare and contrast key facts about Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) and Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS).

QARP and ASHS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QARP is a passively managed fund by Deutsche Bank that tracks the performance of the Russell 1000 2Qual/Val 5% Capped Factor Index. It was launched on Apr 5, 2018. ASHS is a passively managed fund by Deutsche Bank that tracks the performance of the CSI 500 Index. It was launched on May 21, 2014. Both QARP and ASHS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

QARP vs. ASHS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) and Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS). The values are adjusted to include any dividend payments, if applicable.

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QARP vs. ASHS - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
QARP
Xtrackers Russell 1000 US Quality at a Reasonable Price ETF		0.13%13.99%18.94%23.03%-14.62%31.82%14.83%30.70%-5.53%
ASHS
Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF		4.66%39.48%2.68%-10.03%-24.78%17.66%28.22%24.53%-36.58%

Returns By Period

In the year-to-date period, QARP achieves a 0.13% return, which is significantly lower than ASHS's 4.66% return.

QARP

1D
2.20%
1M
-4.99%
YTD
0.13%
6M
3.95%
1Y
15.36%
3Y*
15.93%
5Y*
11.09%
10Y*
—

ASHS

1D
0.31%
1M
-11.46%
YTD
4.66%
6M
7.27%
1Y
40.76%
3Y*
7.63%
5Y*
3.78%
10Y*
2.07%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Xtrackers Russell 1000 US Quality at a Reasonable Price ETF

Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF

Often compared with QARP:
QARP vs. SPHQQARP vs. VOOQARP vs. IWYQARP vs. OMFLQARP vs. dgrwQARP vs. IWBQARP vs. SPY
Often compared with ASHS:
ASHS vs. ASHRASHS vs. ECNSASHS vs. FXIASHS vs. KGRNASHS vs. FLCHASHS vs. KBAASHS vs. VOO

QARP vs. ASHS - Expense Ratio Comparison

QARP has a 0.19% expense ratio, which is lower than ASHS's 0.65% expense ratio.

ASHS
Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF
QARP
Xtrackers Russell 1000 US Quality at a Reasonable Price ETF

Return for Risk

QARP vs. ASHS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QARP
QARP Risk / Return Rank: 6060
Overall Rank
QARP Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
QARP Sortino Ratio Rank: 5858
Sortino Ratio Rank
QARP Omega Ratio Rank: 5959
Omega Ratio Rank
QARP Calmar Ratio Rank: 5959
Calmar Ratio Rank
QARP Martin Ratio Rank: 6969
Martin Ratio Rank
ASHS
ASHS Risk / Return Rank: 8585
Overall Rank
ASHS Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
ASHS Sortino Ratio Rank: 8383
Sortino Ratio Rank
ASHS Omega Ratio Rank: 8383
Omega Ratio Rank
ASHS Calmar Ratio Rank: 8989
Calmar Ratio Rank
ASHS Martin Ratio Rank: 8787
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.

QARP vs. ASHS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) and Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS). 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.

QARPASHSDifference

Sharpe ratio

Return per unit of total volatility

0.98

1.70

-0.73

Sortino ratio

Return per unit of downside risk

1.49

2.16

-0.67

Omega ratio

Gain probability vs. loss probability

1.22

1.32

-0.10

Calmar ratio

Return relative to maximum drawdown

1.46

2.85

-1.39

Martin ratio

Return relative to average drawdown

6.99

10.16

-3.17

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QARP vs. ASHS - Sharpe Ratio Comparison

The current QARP Sharpe Ratio is 0.98, which is lower than the ASHS Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of QARP and ASHS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

QARPASHSDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.98

1.70

-0.73

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.72

0.15

+0.57

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.08

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.66

0.17

+0.50

Correlation

The correlation between QARP and ASHS is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

QARP vs. ASHS - Dividend Comparison

QARP's dividend yield for the trailing twelve months is around 1.14%, while ASHS has not paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
QARP
Xtrackers Russell 1000 US Quality at a Reasonable Price ETF		1.14%1.14%1.39%1.28%1.68%1.34%1.61%1.85%1.39%0.00%0.00%0.00%
ASHS
Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF		0.00%0.00%0.69%0.65%1.90%0.76%0.43%0.57%0.00%0.00%0.00%8.34%

Drawdowns

QARP vs. ASHS - Drawdown Comparison

The maximum QARP drawdown since its inception was -35.44%, smaller than the maximum ASHS drawdown of -69.90%. Use the drawdown chart below to compare losses from any high point for QARP and ASHS.

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Drawdown Indicators

QARPASHSDifference

Max Drawdown

Largest peak-to-trough decline

-35.44%

-69.90%

+34.46%

Max Drawdown (1Y)

Largest decline over 1 year

-11.30%

-14.03%

+2.73%

Max Drawdown (5Y)

Largest decline over 5 years

-22.75%

-47.81%

+25.06%

Max Drawdown (10Y)

Largest decline over 10 years

—

-47.81%

—

Current Drawdown

Current decline from peak

-5.23%

-39.59%

+34.36%

Average Drawdown

Average peak-to-trough decline

-4.52%

-48.78%

+44.26%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.36%

3.93%

-1.57%

Volatility

QARP vs. ASHS - Volatility Comparison

The current volatility for Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) is 4.49%, while Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS) has a volatility of 8.57%. This indicates that QARP experiences smaller price fluctuations and is considered to be less risky than ASHS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QARPASHSDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.49%

8.57%

-4.08%

Volatility (6M)

Calculated over the trailing 6-month period

8.15%

16.21%

-8.06%

Volatility (1Y)

Calculated over the trailing 1-year period

15.84%

24.04%

-8.20%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.58%

26.08%

-10.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.81%

25.64%

-5.83%