XCHA.DE vs. ^IXIC

Last updated Jun 5, 2026

XCHA.DE (Xtrackers CSI 300 Swap UCITS ETF 1C) is China Equities fund tracking the MSCI China A Onshore NR CNY, while ^IXIC (NASDAQ Composite) is an index. Over the past 10 years, XCHA.DE returned 9.08%/yr vs 18.11%/yr for ^IXIC. At a 0.29 correlation, their price movements are largely independent.

Performance

XCHA.DE vs. ^IXIC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers CSI 300 Swap UCITS ETF 1C (XCHA.DE) and NASDAQ Composite (^IXIC). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XCHA.DE is traded in EUR, while ^IXIC is traded in USD. To make them comparable, the ^IXIC values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, XCHA.DE achieves a 12.47% return, which is significantly lower than ^IXIC's 16.76% return. Over the past 10 years, XCHA.DE has underperformed ^IXIC with an annualized return of 9.08%, while ^IXIC has yielded a comparatively higher 18.11% annualized return.

XCHA.DE

• 1D: -0.47%
• 1M: 3.17%
• YTD: 12.47%
• 6M: 15.67%
• 1Y: 39.28%
• 3Y*: 12.45%
• 5Y*: 3.01%
• 10Y*: 9.08%

^IXIC

• 1D: -0.22%
• 1M: 6.65%
• YTD: 16.76%
• 6M: 14.46%
• 1Y: 35.56%
• 3Y*: 23.21%
• 5Y*: 15.26%
• 10Y*: 18.11%

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

XCHA.DE vs. ^IXIC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XCHA.DE Xtrackers CSI 300 Swap UCITS ETF 1C	12.47%	14.69%	24.35%	-14.26%	-19.18%	13.33%	31.24%	44.98%	-21.84%	18.89%
^IXIC NASDAQ Composite	16.76%	6.07%	37.13%	39.12%	-28.95%	30.47%	31.80%	38.28%	0.63%	12.48%

Correlation

The correlation between XCHA.DE and ^IXIC is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (10Y) Calculated over the trailing 10-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jul 30, 2012	0.29

The correlation between XCHA.DE and ^IXIC shifts across timeframes, from 0.17 (3 years) to 0.29 (all time), reflecting how their relationship changes across market environments.

Return for Risk

XCHA.DE vs. ^IXIC — Risk / Return Rank

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

XCHA.DE

XCHA.DE Risk / Return Rank: 48
XCHA.DE Sharpe Ratio Rank: 43
XCHA.DE Sortino Ratio Rank: 46
XCHA.DE Omega Ratio Rank: 71
XCHA.DE Calmar Ratio Rank: 49
XCHA.DE Martin Ratio Rank: 32

^IXIC

^IXIC Risk / Return Rank: 75
^IXIC Sharpe Ratio Rank: 80
^IXIC Sortino Ratio Rank: 77
^IXIC Omega Ratio Rank: 75
^IXIC Calmar Ratio Rank: 70
^IXIC Martin Ratio Rank: 75

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.

XCHA.DE vs. ^IXIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers CSI 300 Swap UCITS ETF 1C (XCHA.DE) and NASDAQ Composite (^IXIC). 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.

	XCHA.DE	^IXIC	Difference
Sharpe ratio: Return per unit of total volatility	1.48	2.17	-0.70
Sortino ratio: Return per unit of downside risk	2.26	2.78	-0.52
Omega ratio: Gain probability vs. loss probability	1.41	1.38	+0.03
Calmar ratio: Return relative to maximum drawdown	2.38	2.90	-0.52
Martin ratio: Return relative to average drawdown	4.62	9.42	-4.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XCHA.DE vs. ^IXIC - Sharpe Ratio Comparison

The current XCHA.DE Sharpe Ratio is 1.48, which is lower than the ^IXIC Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of XCHA.DE and ^IXIC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XCHA.DE	^IXIC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.48	2.17	-0.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.13	0.70	-0.57
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	0.81	-0.43
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.64	-0.33

Drawdowns

XCHA.DE vs. ^IXIC - Drawdown Comparison

The maximum XCHA.DE drawdown since its inception was -52.27%, which is greater than ^IXIC's maximum drawdown of -49.37%. Use the drawdown chart below to compare losses from any high point for XCHA.DE and ^IXIC.

Drawdown Indicators

	XCHA.DE	^IXIC	Difference
Max Drawdown Largest peak-to-trough decline	-52.27%	-49.37%	-2.90%
Max Drawdown (1Y) Largest decline over 1 year	-16.43%	-12.32%	-4.11%
Max Drawdown (3Y) Largest decline over 3 years	-26.32%	-28.54%	+2.22%
Max Drawdown (5Y) Largest decline over 5 years	-37.07%	-32.41%	-4.66%
Max Drawdown (10Y) Largest decline over 10 years	-38.55%	-32.41%	-6.14%
Current Drawdown Current decline from peak	-1.81%	-0.83%	-0.98%
Average Drawdown Average peak-to-trough decline	-22.73%	-8.78%	-13.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.48%	3.78%	+4.70%

Volatility

XCHA.DE vs. ^IXIC - Volatility Comparison

Xtrackers CSI 300 Swap UCITS ETF 1C (XCHA.DE) has a higher volatility of 5.10% compared to NASDAQ Composite (^IXIC) at 3.52%. This indicates that XCHA.DE's price experiences larger fluctuations and is considered to be riskier than ^IXIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XCHA.DE	^IXIC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.10%	3.52%	+1.58%
Volatility (6M) Calculated over the trailing 6-month period	10.37%	11.50%	-1.13%
Volatility (1Y) Calculated over the trailing 1-year period	26.51%	16.45%	+10.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.27%	22.06%	+1.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.20%	22.31%	+0.89%

Frequently Asked Questions

Can I hold both XCHA.DE and ^IXIC in my portfolio?

XCHA.DE and ^IXIC have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.