RQFI.DE vs. EL46.DE
RQFI.DE (Xtrackers Harvest CSI 300 UCITS ETF 1D) and EL46.DE (Deka MSCI China ex A Shares UCITS ETF) are both China Equities funds - RQFI.DE tracks the MSCI China A Onshore NR CNY while EL46.DE tracks the MSCI China ex A Shares. Both are passively managed. Over the past 10 years, RQFI.DE returned 5.34%/yr vs 3.87%/yr for EL46.DE. A 0.68 correlation means they provide meaningful diversification when combined. RQFI.DE charges 0.65%/yr vs 0.66%/yr for EL46.DE.
Performance
RQFI.DE vs. EL46.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RQFI.DE achieves a 10.42% return, which is significantly higher than EL46.DE's -10.01% return. Over the past 10 years, RQFI.DE has outperformed EL46.DE with an annualized return of 5.34%, while EL46.DE has yielded a comparatively lower 3.87% annualized return.
RQFI.DE
- 1D
- -0.67%
- 1M
- 1.50%
- YTD
- 10.42%
- 6M
- 12.27%
- 1Y
- 34.46%
- 3Y*
- 9.38%
- 5Y*
- -0.26%
- 10Y*
- 5.34%
EL46.DE
- 1D
- -0.11%
- 1M
- -4.15%
- YTD
- -10.01%
- 6M
- -13.05%
- 1Y
- -3.33%
- 3Y*
- 6.90%
- 5Y*
- -5.27%
- 10Y*
- 3.87%
RQFI.DE vs. EL46.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RQFI.DE Xtrackers Harvest CSI 300 UCITS ETF 1D | 10.42% | 11.14% | 22.25% | -16.68% | -21.96% | 7.77% | 24.32% | 37.46% | -24.88% | 16.25% |
EL46.DE Deka MSCI China ex A Shares UCITS ETF | -10.01% | 17.77% | 27.71% | -14.54% | -13.52% | -21.82% | 14.00% | 27.42% | -16.05% | 34.69% |
Correlation
The correlation between RQFI.DE and EL46.DE is 0.50, 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 | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2014 | 0.68 |
The correlation between RQFI.DE and EL46.DE shifts across timeframes, from 0.50 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RQFI.DE vs. EL46.DE — Risk / Return Rank
RQFI.DE
EL46.DE
RQFI.DE vs. EL46.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Harvest CSI 300 UCITS ETF 1D (RQFI.DE) and Deka MSCI China ex A Shares UCITS ETF (EL46.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.
| RQFI.DE | EL46.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.35 | ||
| Sortino ratioReturn per unit of downside risk | +3.12 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.00 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 5.91 | -0.11 | +6.02 |
| Martin ratioReturn relative to average drawdown | 15.55 | -0.24 | +15.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| RQFI.DE | EL46.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.23 | -0.12 | +2.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | -0.17 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.14 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.12 | +0.19 |
Drawdowns
RQFI.DE vs. EL46.DE - Drawdown Comparison
The maximum RQFI.DE drawdown since its inception was -51.79%, smaller than the maximum EL46.DE drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for RQFI.DE and EL46.DE.
Loading charts...
Drawdown Indicators
| RQFI.DE | EL46.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.79% | -58.21% | +6.42% |
Max Drawdown (1Y)Largest decline over 1 year | -5.82% | -21.01% | +15.19% |
Max Drawdown (3Y)Largest decline over 3 years | -27.48% | -25.65% | -1.83% |
Max Drawdown (5Y)Largest decline over 5 years | -41.44% | -51.07% | +9.63% |
Max Drawdown (10Y)Largest decline over 10 years | -45.24% | -58.21% | +12.97% |
Current DrawdownCurrent decline from peak | -11.80% | -36.65% | +24.85% |
Average DrawdownAverage peak-to-trough decline | -27.06% | -22.26% | -4.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.21% | 9.96% | -7.75% |
Volatility
RQFI.DE vs. EL46.DE - Volatility Comparison
The current volatility for Xtrackers Harvest CSI 300 UCITS ETF 1D (RQFI.DE) is 5.89%, while Deka MSCI China ex A Shares UCITS ETF (EL46.DE) has a volatility of 8.28%. This indicates that RQFI.DE experiences smaller price fluctuations and is considered to be less risky than EL46.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RQFI.DE | EL46.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.89% | 8.28% | -2.39% |
Volatility (6M)Calculated over the trailing 6-month period | 10.42% | 15.15% | -4.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.40% | 19.97% | -4.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.96% | 31.36% | -10.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.82% | 27.53% | -5.71% |
RQFI.DE vs. EL46.DE - Expense Ratio Comparison
RQFI.DE has a 0.65% expense ratio, which is lower than EL46.DE's 0.66% expense ratio.
Dividends
RQFI.DE vs. EL46.DE - Dividend Comparison
RQFI.DE's dividend yield for the trailing twelve months is around 1.44%, less than EL46.DE's 1.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EL46.DE Deka MSCI China ex A Shares UCITS ETF | 1.52% | 1.43% | 2.06% | 2.03% | 1.78% | 1.22% | 0.86% | 1.26% | 1.62% | 0.94% | 1.98% | 2.32% |
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
RQFI.DE and EL46.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, RQFI.DE is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
RQFI.DE is cheaper with a 0.65% expense ratio, compared with 0.66% for EL46.DE.
RQFI.DE tracks MSCI China A Onshore NR CNY, while EL46.DE tracks MSCI China ex A Shares. They also come from different issuers: Xtrackers and Deka Investment GmbH. Their fees differ too: 0.65% for RQFI.DE and 0.66% for EL46.DE.
Find the right allocation for RQFI.DE and EL46.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer