SMHC vs. CN

Last updated Jul 18, 2026

SMHC (VanEck China Semiconductor ETF) and CN (Xtrackers MSCI All China Equity ETF) are both China Equities funds - SMHC tracks the MarketVector China Semiconductor 25 Index while CN tracks the MSCI China All Shares. Both are passively managed. SMHC charges 0.65%/yr vs 0.50%/yr for CN.

Performance

SMHC vs. CN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck China Semiconductor ETF (SMHC) and Xtrackers MSCI All China Equity ETF (CN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SMHC

• 1D: -6.17%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CN

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

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

SMHC vs. CN - Yearly Performance Comparison

	2026 (YTD)
SMHC VanEck China Semiconductor ETF	-15.04%
CN Xtrackers MSCI All China Equity ETF	0.00%

Return for Risk

SMHC vs. CN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck China Semiconductor ETF (SMHC) 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.

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

Drawdowns

Drawdown Indicators

	SMHC	CN	Difference
Max Drawdown Largest peak-to-trough decline	-24.16%	—	—
Current Drawdown Current decline from peak	-24.16%	—	—
Average Drawdown Average peak-to-trough decline	-9.02%	—	—

Volatility

Volatility by Period

	SMHC	CN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	80.83%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.83%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.83%	—	—

SMHC vs. CN - Expense Ratio Comparison

SMHC has a 0.65% expense ratio, which is higher than CN's 0.50% expense ratio.

Dividends

SMHC vs. CN - Dividend Comparison

Neither SMHC nor CN has paid dividends to shareholders.

Position	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CN Xtrackers MSCI All China Equity ETF	0.00%	0.00%	4.04%	1.80%	2.00%	0.78%	4.18%	2.09%	0.81%	11.41%	14.00%
SMHC VanEck China Semiconductor ETF	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

Which ETF is better, SMHC or CN?

On fees, CN is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SMHC or CN?

CN is cheaper with a 0.50% expense ratio, compared with 0.65% for SMHC.

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

SMHC and CN have nearly identical dividend yields, around 0.00%.

What is the main difference between SMHC and CN?

SMHC tracks MarketVector China Semiconductor 25 Index, while CN tracks MSCI China All Shares. They also come from different issuers: VanEck and Deutsche Bank. Their fees differ too: 0.65% for SMHC and 0.50% for CN.