AQWA vs CBON

Comparison between GLOBAL X CLEAN WATER ETF (AQWA, ETF) and VANECK CHINA BOND ETF (CBON, ETF).

5-Year PerformanceAQWA has outperformed CBON, delivering a return of +4.8% compared to +2.1%

AQWA vs CBON - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AQWA(ETF)	CBON(ETF)
Net Assets	$24M	$24M
Expense Ratio	0.50%	0.50%
Max Drawdown	30.30%	16.42%
Sharpe Ratio	-0.14	1.44
5Y Beta	0.59	0.02
P/E Ratio	24.23	N/A
Forward P/E	19.24	N/A
PEG Ratio	0.80	N/A
5Y Dividends CAGR	N/A	-10.76%
5Y EPS CAGR	13.66%	N/A
Debt to Equity	55.97%	N/A
P/S Ratio	2.52	N/A
P/B Ratio	3.08	N/A

Net Assets

AQWA

$24M

CBON

$24M

Expense Ratio

AQWA

0.50%

CBON

0.50%

Max Drawdown

AQWA

30.30%

Winner

CBON

16.42%

Sharpe Ratio

AQWA

-0.14

Winner

CBON

1.44

5Y Beta

AQWA

0.59

Winner

CBON

0.02

P/E Ratio

AQWA

24.23

CBON

N/A

Forward P/E

AQWA

19.24

CBON

N/A

PEG Ratio

AQWA

0.80

CBON

N/A

5Y Dividends CAGR

AQWA

N/A

CBON

-10.76%

5Y EPS CAGR

AQWA

13.66%

CBON

N/A

Debt to Equity

AQWA

55.97%

CBON

N/A

P/S Ratio

AQWA

2.52

CBON

N/A

P/B Ratio

AQWA

3.08

CBON

N/A

AQWA vs CBON - Historical Returns

Returns include dividend reinvestment.

Period	AQWA	CBON
1 month	-0.89%	+0.61%
3 months	-1.39%	+3.29%
6 months	-0.70%	+6.54%
1 year	+1.93%	+8.90%
5 years(CAGR)	+4.76%	+2.07%
10 years(CAGR)	N/A	+3.02%
Max(CAGR)	+5.54%	+2.40%

AQWA

-0.89%

Winner

CBON

+0.61%

AQWA

-1.39%

Winner

CBON

+3.29%

AQWA

-0.70%

Winner

CBON

+6.54%

AQWA

+1.93%

Winner

CBON

+8.90%

5Y(CAGR)

Winner

AQWA

+4.76%

CBON

+2.07%

10Y(CAGR)

AQWA

N/A

CBON

+3.02%

Max(CAGR)

Winner

AQWA

+5.54%

CBON

+2.40%

AQWA vs CBON - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	AQWA	CBON
2026	-0.53%	+5.14%
2025	+14.31%	+5.72%
2024	+5.80%	+2.36%
2023	+20.13%	+2.71%
2022	-18.89%	-7.91%
2021	+15.85%	+4.71%
2020	N/A	+11.72%
2019	N/A	+2.22%
2018	N/A	+1.34%
2017	N/A	+6.86%
2016	N/A	-5.65%
2015	N/A	+0.85%
2014	N/A	-1.68%

AQWA vs CBON Drawdown Comparison

The maximum drawdown for AQWA was -29.44%, occurring on Oct 14, 2022. Recovery took 544 trading sessions.

The maximum drawdown for CBON was -14.13%, occurring on Nov 3, 2022. Recovery took 970 trading sessions.

The current AQWA drawdown is -9.80%. The current CBON drawdown is -0.13%.

Rank	AQWA	CBON
#1	-29.44% Dec 31, 2021 - Mar 4, 2024	-14.13% Feb 22, 2022 - Jan 5, 2026
#2	-14.42% Oct 16, 2024 - May 16, 2025	-10.77% Aug 10, 2015 - Jan 25, 2018
#3	-12.34% Feb 26, 2026 - May 19, 2026	-8.00% Apr 19, 2018 - Mar 5, 2020
#4	-8.54% May 15, 2024 - Sep 19, 2024	-3.98% Mar 5, 2020 - Jul 20, 2020
#5	-8.04% Sep 2, 2021 - Nov 19, 2021	-3.81% Nov 11, 2014 - Apr 28, 2015
#6	-7.69% Aug 27, 2025 - Jan 22, 2026	-3.21% Jan 4, 2021 - Apr 29, 2021
#7	-5.47% Mar 21, 2024 - May 6, 2024	-2.45% May 28, 2021 - Sep 3, 2021
#8	-4.98% Nov 22, 2021 - Dec 27, 2021	-1.63% Nov 5, 2020 - Dec 3, 2020
#9	-3.66% May 10, 2021 - May 26, 2021	-1.63% Sep 3, 2021 - Oct 19, 2021
#10	-3.41% Jun 15, 2021 - Jul 7, 2021	-1.55% Feb 6, 2018 - Feb 20, 2018
#11	-2.59% Jul 1, 2025 - Aug 7, 2025	-1.43% Sep 18, 2020 - Oct 2, 2020
#12	-2.31% Aug 13, 2021 - Sep 1, 2021	-1.34% Feb 27, 2026 - Apr 1, 2026
#13	-2.16% Sep 30, 2024 - Oct 16, 2024	-0.90% Oct 21, 2020 - Nov 4, 2020
#14	-1.78% May 19, 2025 - May 27, 2025	-0.86% Aug 6, 2020 - Aug 24, 2020
#15	-1.77% Apr 22, 2021 - May 7, 2021	-0.86% Oct 6, 2020 - Oct 16, 2020

Correlation

Correlation between AQWA and CBON is 0.71 which considered as a strong positive correlation - the stocks tend to move together.

0.71

-101

Dividend Comparison (2014 - 2026)

AQWA vs CBON dividend yield comparison.

Year	AQWA	CBON
2026	0.00%	0.61%
2025	1.47%	1.66%
2024	1.40%	2.15%
2023	1.53%	3.01%
2022	1.56%	2.70%
2021	1.19%	3.05%
2020	0.00%	2.87%
2019	0.00%	3.87%
2018	0.00%	3.39%
2017	0.00%	3.33%
2016	0.00%	3.25%
2015	0.00%	2.78%
2014	0.00%	0.28%