ASHR vs SPY

Comparison between XTRACKERS HARVEST CSI 300 CHINA A-SHARES ETF (ASHR, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed ASHR, delivering a return of +13.3% compared to -0.2%

ASHR vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ASHR(ETF)	SPY(ETF)
Net Assets	$1.50B	$652B
Expense Ratio	0.65%	0.09%
Max Drawdown	61.79%	56.47%
Sharpe Ratio	1.89	2.07
5Y Beta	0.36	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	26.63%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

ASHR

$1.50B

Winner

SPY

$652B

Expense Ratio

ASHR

0.65%

Winner

SPY

0.09%

Max Drawdown

ASHR

61.79%

Winner

SPY

56.47%

Sharpe Ratio

ASHR

1.89

Winner

SPY

2.07

5Y Beta

Winner

ASHR

0.36

SPY

1.00

P/E Ratio

ASHR

N/A

SPY

28.24

Forward P/E

ASHR

N/A

SPY

21.85

5Y Dividends CAGR

Winner

ASHR

26.63%

SPY

5.43%

5Y EPS CAGR

ASHR

N/A

SPY

25.79%

Debt to Equity

ASHR

N/A

SPY

22.35%

P/S Ratio

ASHR

N/A

SPY

3.55

P/B Ratio

ASHR

N/A

SPY

5.29

ASHR vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	ASHR	SPY
1 month	+6.56%	+9.11%
3 months	+4.78%	+6.59%
6 months	+9.94%	+10.56%
1 year	+38.15%	+32.04%
5 years(CAGR)	-0.17%	+13.35%
10 years(CAGR)	+5.96%	+15.49%
Max(CAGR)	+6.22%	+8.50%

ASHR

+6.56%

Winner

SPY

+9.11%

ASHR

+4.78%

Winner

SPY

+6.59%

ASHR

+9.94%

Winner

SPY

+10.56%

Winner

ASHR

+38.15%

SPY

+32.04%

5Y(CAGR)

ASHR

-0.17%

Winner

SPY

+13.35%

10Y(CAGR)

ASHR

+5.96%

Winner

SPY

+15.49%

Max(CAGR)

ASHR

+6.22%

Winner

SPY

+8.50%

ASHR vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ASHR	SPY
2026	+7.23%	+8.27%
2025	+30.87%	+18.00%
2024	+14.29%	+25.59%
2023	-13.35%	+26.72%
2022	-27.39%	-18.64%
2021	-3.01%	+30.52%
2020	+33.50%	+17.28%
2019	+37.57%	+31.09%
2018	-29.75%	-5.24%
2017	+31.00%	+20.78%
2016	-7.74%	+13.59%
2015	-2.63%	+1.31%
2014	+54.20%	+14.56%
2013	-0.56%	+29.00%
2012	N/A	+14.17%
2011	N/A	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

ASHR vs SPY Drawdown Comparison

The maximum drawdown for ASHR was -51.28%, occurring on Feb 2, 2024. This drawdown has not yet recovered.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current ASHR drawdown is -16.63%.

Rank	ASHR	SPY
#1	-51.28% Feb 17, 2021 - Feb 2, 2024	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-50.43% Jun 12, 2015 - Jan 4, 2021	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-18.34% Dec 4, 2013 - Oct 8, 2014	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-11.42% Jan 7, 2015 - Mar 16, 2015	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-7.46% May 4, 2015 - May 21, 2015	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-7.34% Dec 8, 2014 - Dec 17, 2014	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-6.81% May 26, 2015 - Jun 8, 2015	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-5.41% Dec 17, 2014 - Dec 26, 2014	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-5.36% Jan 12, 2021 - Feb 9, 2021	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-5.22% Oct 8, 2014 - Oct 31, 2014	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-4.96% Apr 16, 2015 - Apr 21, 2015	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-4.17% Nov 18, 2013 - Dec 4, 2013	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-3.79% Nov 14, 2014 - Nov 21, 2014	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-3.56% Nov 28, 2014 - Dec 2, 2014	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-2.91% Mar 30, 2015 - Apr 6, 2015	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between ASHR and SPY is 0.51 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.51

-101

Dividend Comparison (1999 - 2026)

ASHR vs SPY dividend yield comparison.

Year	ASHR	SPY
2026	0.00%	0.24%
2025	2.31%	1.07%
2024	1.13%	1.21%
2023	2.48%	1.40%
2022	1.13%	1.65%
2021	0.88%	1.20%
2020	0.81%	1.52%
2019	0.98%	1.75%
2018	1.32%	2.04%
2017	0.84%	1.80%
2016	0.73%	2.03%
2015	30.13%	2.06%
2014	0.27%	1.87%
2013	0.00%	1.81%
2012	0.00%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%