XCHA.DE vs. XDEW.DE
XCHA.DE (Xtrackers CSI 300 Swap UCITS ETF 1C) and XDEW.DE (Xtrackers S&P 500 Equal Weight UCITS ETF 1C) are both exchange-traded funds - XCHA.DE is a China Equities fund tracking the MSCI China A Onshore NR CNY, while XDEW.DE is a S&P 500 fund tracking the S&P 500 Equal Weight Index. Both are passively managed. Over the past 10 years, XCHA.DE returned 8.22%/yr vs 11.05%/yr for XDEW.DE. At a 0.35 correlation, their price movements are largely independent. XCHA.DE charges 0.50%/yr vs 0.20%/yr for XDEW.DE.
Performance
XCHA.DE vs. XDEW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XCHA.DE achieves a 12.37% return, which is significantly lower than XDEW.DE's 14.15% return. Over the past 10 years, XCHA.DE has underperformed XDEW.DE with an annualized return of 8.22%, while XDEW.DE has yielded a comparatively higher 11.05% annualized return.
XCHA.DE
- 1D
- -0.27%
- 1M
- -0.32%
- 6M
- 8.98%
- YTD
- 12.37%
- 1Y
- 35.81%
- 3Y*
- 13.43%
- 5Y*
- 3.31%
- 10Y*
- 8.22%
XDEW.DE
- 1D
- -0.02%
- 1M
- 1.80%
- 6M
- 10.18%
- YTD
- 14.15%
- 1Y
- 19.97%
- 3Y*
- 12.88%
- 5Y*
- 9.45%
- 10Y*
- 11.05%
XCHA.DE vs. XDEW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XCHA.DE Xtrackers CSI 300 Swap UCITS ETF 1C | 12.37% | 14.66% | 24.36% | -14.24% | -19.19% | 13.31% | 31.26% | 44.91% | -21.79% | 18.93% |
XDEW.DE Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 14.15% | -0.46% | 18.66% | 10.08% | -6.94% | 41.59% | 1.18% | 31.27% | -4.53% | 4.00% |
Correlation
The correlation between XCHA.DE and XDEW.DE is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | 0.35 |
The correlation between XCHA.DE and XDEW.DE shifts across timeframes, from 0.19 (3 years) to 0.35 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XCHA.DE vs. XDEW.DE — Risk / Return Rank
XCHA.DE
XDEW.DE
XCHA.DE vs. XDEW.DE - 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 S&P 500 Equal Weight UCITS ETF 1C (XDEW.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.
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.
| XCHA.DE | XDEW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.34 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 5.39 | 3.93 | +1.46 |
| Martin ratioReturn relative to average drawdown | 13.95 | 12.11 | +1.84 |
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Drawdowns
XCHA.DE vs. XDEW.DE - Drawdown Comparison
The maximum XCHA.DE drawdown since its inception was -52.27%, which is greater than XDEW.DE's maximum drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for XCHA.DE and XDEW.DE.
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Drawdown Indicators
| XCHA.DE | XDEW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.27% | -38.79% | -13.48% |
Max Drawdown (1Y)Largest decline over 1 year | -6.61% | -5.06% | -1.55% |
Max Drawdown (3Y)Largest decline over 3 years | -26.34% | -22.70% | -3.64% |
Max Drawdown (5Y)Largest decline over 5 years | -37.05% | -22.70% | -14.35% |
Max Drawdown (10Y)Largest decline over 10 years | -38.54% | -38.79% | +0.25% |
Current DrawdownCurrent decline from peak | -5.10% | -0.92% | -4.18% |
Average DrawdownAverage peak-to-trough decline | -24.36% | -5.33% | -19.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 1.65% | +0.91% |
Volatility
XCHA.DE vs. XDEW.DE - Volatility Comparison
Xtrackers CSI 300 Swap UCITS ETF 1C (XCHA.DE) has a higher volatility of 8.41% compared to Xtrackers S&P 500 Equal Weight UCITS ETF 1C (XDEW.DE) at 2.73%. This indicates that XCHA.DE's price experiences larger fluctuations and is considered to be riskier than XDEW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XCHA.DE | XDEW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.41% | 2.73% | +5.68% |
Volatility (6M)Calculated over the trailing 6-month period | 13.00% | 6.91% | +6.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.64% | 10.64% | +7.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.42% | 14.91% | +6.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.24% | 16.80% | +5.44% |
XCHA.DE vs. XDEW.DE - Expense Ratio Comparison
XCHA.DE has a 0.50% expense ratio, which is higher than XDEW.DE's 0.20% expense ratio.
Dividends
XCHA.DE vs. XDEW.DE - Dividend Comparison
Neither XCHA.DE nor XDEW.DE has paid dividends to shareholders.
Frequently Asked Questions
XCHA.DE and XDEW.DE have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDEW.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDEW.DE is cheaper with a 0.20% expense ratio, compared with 0.50% for XCHA.DE.
XCHA.DE is categorized as China Equities, while XDEW.DE is S&P 500. XCHA.DE tracks MSCI China A Onshore NR CNY, while XDEW.DE tracks S&P 500 Equal Weight Index. Their fees differ too: 0.50% for XCHA.DE and 0.20% for XDEW.DE.
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