CBON vs BRF

Comparison between VANECK CHINA BOND ETF (CBON, ETF) and VANECK BRAZIL SMALL-CAP ETF (BRF, ETF).

5-Year PerformanceCBON has outperformed BRF, delivering a return of +2.1% compared to -2.5%

CBON vs BRF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CBON(ETF)	BRF(ETF)
Net Assets	$24M	$24M
Expense Ratio	0.50%	0.60%
Max Drawdown	16.42%	86.58%
Sharpe Ratio	1.45	0.70
5Y Beta	0.02	0.79
5Y Dividends CAGR	-10.76%	4.96%

Net Assets

CBON

$24M

Winner

BRF

$24M

Expense Ratio

Winner

CBON

0.50%

BRF

0.60%

Max Drawdown

Winner

CBON

16.42%

BRF

86.58%

Sharpe Ratio

Winner

CBON

1.45

BRF

0.70

5Y Beta

Winner

CBON

0.02

BRF

0.79

5Y Dividends CAGR

CBON

-10.76%

Winner

BRF

4.96%

CBON vs BRF - Historical Returns

Returns include dividend reinvestment.

Period	CBON	BRF
1 month	+0.61%	-7.17%
3 months	+3.29%	-0.59%
6 months	+6.54%	+6.59%
1 year	+8.90%	+22.08%
5 years(CAGR)	+2.07%	-2.53%
10 years(CAGR)	+3.02%	+6.83%
Max(CAGR)	+2.40%	+1.93%

Winner

CBON

+0.61%

BRF

-7.17%

Winner

CBON

+3.29%

BRF

-0.59%

CBON

+6.54%

Winner

BRF

+6.59%

CBON

+8.90%

Winner

BRF

+22.08%

5Y(CAGR)

Winner

CBON

+2.07%

BRF

-2.53%

10Y(CAGR)

CBON

+3.02%

Winner

BRF

+6.83%

Max(CAGR)

Winner

CBON

+2.40%

BRF

+1.93%

CBON vs BRF - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	CBON	BRF
2026	+5.14%	+7.83%
2025	+5.72%	+54.42%
2024	+2.36%	-32.46%
2023	+2.71%	+47.39%
2022	-7.91%	-10.42%
2021	+4.71%	-18.53%
2020	+11.72%	-22.59%
2019	+2.22%	+34.50%
2018	+1.34%	-14.38%
2017	+6.86%	+50.03%
2016	-5.65%	+66.64%
2015	+0.85%	-47.24%
2014	-1.68%	-23.08%
2013	N/A	-29.92%
2012	N/A	+14.92%
2011	N/A	-31.07%
2010	N/A	+21.42%
2009	N/A	+104.01%

CBON vs BRF Drawdown Comparison

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

The maximum drawdown for BRF was -82.22%, occurring on Jan 21, 2016. This drawdown has not yet recovered.

The current CBON drawdown is -0.13%. The current BRF drawdown is -47.33%.

Rank	CBON	BRF
#1	-14.13% Feb 22, 2022 - Jan 5, 2026	-82.22% Apr 21, 2011 - Jan 21, 2016
#2	-10.77% Aug 10, 2015 - Jan 25, 2018	-24.81% Jan 11, 2010 - Aug 17, 2010
#3	-8.00% Apr 19, 2018 - Mar 5, 2020	-15.50% Nov 4, 2010 - Apr 21, 2011
#4	-3.98% Mar 5, 2020 - Jul 20, 2020	-12.47% Oct 15, 2009 - Nov 9, 2009
#5	-3.81% Nov 11, 2014 - Apr 28, 2015	-10.76% Jun 11, 2009 - Jul 15, 2009
#6	-3.21% Jan 4, 2021 - Apr 29, 2021	-7.19% Dec 2, 2009 - Dec 31, 2009
#7	-2.45% May 28, 2021 - Sep 3, 2021	-6.69% Aug 21, 2009 - Sep 8, 2009
#8	-1.63% Nov 5, 2020 - Dec 3, 2020	-6.65% Oct 13, 2010 - Nov 3, 2010
#9	-1.63% Sep 3, 2021 - Oct 19, 2021	-6.10% Aug 5, 2009 - Aug 20, 2009
#10	-1.55% Feb 6, 2018 - Feb 20, 2018	-4.89% Jun 2, 2009 - Jun 11, 2009
#11	-1.43% Sep 18, 2020 - Oct 2, 2020	-3.40% Nov 9, 2009 - Nov 16, 2009
#12	-1.34% Feb 27, 2026 - Apr 1, 2026	-3.18% Sep 16, 2009 - Sep 30, 2009
#13	-0.90% Oct 21, 2020 - Nov 4, 2020	-3.11% Nov 17, 2009 - Nov 25, 2009
#14	-0.86% Aug 6, 2020 - Aug 24, 2020	-3.08% May 19, 2009 - May 26, 2009
#15	-0.86% Oct 6, 2020 - Oct 16, 2020	-2.44% Sep 30, 2009 - Oct 5, 2009

Correlation

Correlation between CBON and BRF is 0.26 which considered as a very weak or no correlation - the stocks move independently of each other.

0.26

-101

Dividend Comparison (2009 - 2026)

CBON vs BRF dividend yield comparison.

Year	CBON	BRF
2026	0.61%	0.00%
2025	1.66%	5.54%
2024	2.15%	4.08%
2023	3.01%	5.02%
2022	2.70%	4.13%
2021	3.05%	2.96%
2020	2.87%	1.66%
2019	3.87%	2.54%
2018	3.39%	2.89%
2017	3.33%	4.53%
2016	3.25%	4.25%
2015	2.78%	3.84%
2014	0.28%	4.23%
2013	0.00%	1.85%
2012	0.00%	1.50%
2011	0.00%	11.02%
2010	0.00%	6.20%
2009	0.00%	0.91%