XCHA.DE vs. ASHR

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers CSI 300 Swap UCITS ETF 1C (XCHA.DE) and Xtrackers Harvest CSI 300 China A-Shares Fund (ASHR).

XCHA.DE and ASHR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XCHA.DE is a passively managed fund by Xtrackers that tracks the performance of the MSCI China A Onshore NR CNY. It was launched on Jun 27, 2012. ASHR is a passively managed fund by DWS that tracks the performance of the CSI 300 Index. It was launched on Nov 6, 2013. Both XCHA.DE and ASHR 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

XCHA.DE vs. ASHR - 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 Xtrackers Harvest CSI 300 China A-Shares Fund (ASHR). The values are adjusted to include any dividend payments, if applicable.

XCHA.DE vs. ASHR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XCHA.DE Xtrackers CSI 300 Swap UCITS ETF 1C	1.02%	14.69%	24.35%	-14.26%	-19.18%	13.33%	31.24%	44.98%	-21.84%	18.89%
ASHR Xtrackers Harvest CSI 300 China A-Shares Fund	1.26%	11.95%	19.34%	-15.14%	-23.03%	5.79%	25.06%	39.59%	-25.09%	17.07%

Different Trading Currencies

XCHA.DE is traded in EUR, while ASHR is traded in USD. To make them comparable, the ASHR 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 1.02% return, which is significantly lower than ASHR's 1.26% return. Over the past 10 years, XCHA.DE has outperformed ASHR with an annualized return of 7.45%, while ASHR has yielded a comparatively lower 4.01% annualized return.

XCHA.DE

• 1D: 0.63%
• 1M: -2.84%
• YTD: 1.02%
• 6M: 4.22%
• 1Y: 20.58%
• 3Y*: 6.07%
• 5Y*: 1.62%
• 10Y*: 7.45%

ASHR

• 1D: 0.26%
• 1M: -2.92%
• YTD: 1.26%
• 6M: 3.11%
• 1Y: 18.24%
• 3Y*: 3.39%
• 5Y*: -1.58%
• 10Y*: 4.01%

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

XCHA.DE vs. ASHR - Expense Ratio Comparison

XCHA.DE has a 0.50% expense ratio, which is lower than ASHR's 0.65% expense ratio.

ASHR

Xtrackers Harvest CSI 300 China A-Shares Fund

XCHA.DE

Xtrackers CSI 300 Swap UCITS ETF 1C

Return for Risk

XCHA.DE vs. ASHR — 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: 43
XCHA.DE Sharpe Ratio Rank: 38
XCHA.DE Sortino Ratio Rank: 44
XCHA.DE Omega Ratio Rank: 60
XCHA.DE Calmar Ratio Rank: 46
XCHA.DE Martin Ratio Rank: 29

ASHR

ASHR Risk / Return Rank: 78
ASHR Sharpe Ratio Rank: 76
ASHR Sortino Ratio Rank: 75
ASHR Omega Ratio Rank: 74
ASHR Calmar Ratio Rank: 80
ASHR Martin Ratio Rank: 84

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. ASHR - 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 Xtrackers Harvest CSI 300 China A-Shares Fund (ASHR). 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	ASHR	Difference
Sharpe ratio Return per unit of total volatility	0.76	0.98	-0.22
Sortino ratio Return per unit of downside risk	1.29	1.42	-0.13
Omega ratio Gain probability vs. loss probability	1.23	1.20	+0.03
Calmar ratio Return relative to maximum drawdown	1.29	1.46	-0.16
Martin ratio Return relative to average drawdown	2.56	4.97	-2.41
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. ASHR - Sharpe Ratio Comparison

The current XCHA.DE Sharpe Ratio is 0.76, which is comparable to the ASHR Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of XCHA.DE and ASHR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XCHA.DE	ASHR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	0.98	-0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	-0.07	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	0.17	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.24	+0.04

Correlation

The correlation between XCHA.DE and ASHR is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

XCHA.DE vs. ASHR - Dividend Comparison

XCHA.DE has not paid dividends to shareholders, while ASHR's dividend yield for the trailing twelve months is around 2.31%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XCHA.DE Xtrackers CSI 300 Swap UCITS ETF 1C	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ASHR Xtrackers Harvest CSI 300 China A-Shares Fund	2.31%	2.31%	1.13%	2.48%	1.13%	0.88%	0.81%	0.98%	1.32%	0.84%	0.73%	30.13%

Drawdowns

XCHA.DE vs. ASHR - Drawdown Comparison

The maximum XCHA.DE drawdown since its inception was -52.27%, roughly equal to the maximum ASHR drawdown of -50.79%. Use the drawdown chart below to compare losses from any high point for XCHA.DE and ASHR.

Drawdown Indicators

	XCHA.DE	ASHR	Difference
Max Drawdown Largest peak-to-trough decline	-52.27%	-51.30%	-0.97%
Max Drawdown (1Y) Largest decline over 1 year	-16.43%	-11.38%	-5.05%
Max Drawdown (5Y) Largest decline over 5 years	-37.07%	-46.44%	+9.37%
Max Drawdown (10Y) Largest decline over 10 years	-38.55%	-51.30%	+12.75%
Current Drawdown Current decline from peak	-11.82%	-23.59%	+11.77%
Average Drawdown Average peak-to-trough decline	-22.95%	-29.34%	+6.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.29%	2.64%	+5.65%

Volatility

XCHA.DE vs. ASHR - Volatility Comparison

The current volatility for Xtrackers CSI 300 Swap UCITS ETF 1C (XCHA.DE) is 4.59%, while Xtrackers Harvest CSI 300 China A-Shares Fund (ASHR) has a volatility of 5.04%. This indicates that XCHA.DE experiences smaller price fluctuations and is considered to be less risky than ASHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XCHA.DE	ASHR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.59%	5.04%	-0.45%
Volatility (6M) Calculated over the trailing 6-month period	23.93%	11.52%	+12.41%
Volatility (1Y) Calculated over the trailing 1-year period	27.14%	18.76%	+8.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.28%	22.91%	+0.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.28%	23.73%	-0.45%