22 important things you should know about Deutsche Bank ASHR ETF

Updated: Last Sunday
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Before we start: if you’re looking for ASHR “stock” price, you can quickly find it out by visiting Finny and typing "ASHR quote". If you’re looking for a quick scoop on ASHR "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "ASHR". You’ll get all this info in one place.

Are you looking to buy or sell ASHR? Or perhaps you’re looking for ASHR fact sheet, and learn about its alternatives? If so, you came to the right place.

In this ASHR ETF review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: ASHR performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: ASHR buy or sell; the pros and cons of investing in ASHR ETF;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to ASHR.

And here is the list of questions we’ll answer:

  1. Describe Deutsche X-Trackers Harvest CSI 300 China A-Shares ETF (ASHR).
  2. What is ASHR underlying index?
  3. What are ASHR holdings?
  4. What is ASHR performance? What are ASHR historical returns?
  5. How many up and down years did ASHR have historically?
  6. What is ASHR dividend yield?
  7. What is ASHR expense ratio?
  8. What is ASHR tax efficiency (tax-cost ratio)?
  9. What is ASHR beta? How would you assess ASHR risk?
  10. What is ASHR Sharpe ratio?
  11. What is ASHR Finny Score? ASHR buy or sell?
  12. What are the pros of investing in ASHR? What are ASHR buy reasons?
  13. What are the cons of investing in ASHR? What are ASHR sell reasons?
  14. Compare and contrast: ASHR vs FXI.
  15. Compare and contrast: ASHR vs MCHI.
  16. Compare and contrast: ASHR vs GXC.
  17. Compare and contrast: ASHR vs CNYA.
  18. Compare and contrast: ASHR vs KBA.
  19. Compare and contrast: ASHR vs PEK.
  20. Compare and contrast: ASHR vs ASHX.
  21. Compare and contrast: ASHR vs KWEB.
  22. Compare and contrast: ASHR vs ASHS.

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe Deutsche X-Trackers Harvest CSI 300 China A-Shares ETF (ASHR).

The Fund seeks investment results that correspond generally to the performance, before fees and expenses, of the CSI 300 Index. The Underlying Index is designed to reflect the price fluctuation and performance of the China A share market and is composed of the 300 largest and most liquid stocks in China A market.

2. What is ASHR underlying index?

CSI 300 Index.

3. What are ASHR top holdings?

ASHR has 302 stock holdings and 0 bond holdings.

The top 10 holdings represent 26.00% of total assets. Here are the top holdings:

Name Symbol % Assets
Ping An Insurance (Group) Co. of China Ltd 601318 6.02%
Kweichow Moutai Co Ltd 600519 4.47%
China Merchants Bank Co Ltd 600036 2.67%
Jiangsu Hengrui Medicine Co Ltd 600276 2.29%
Gree Electric Appliances Inc of Zhuhai 000651 2.02%
Midea Group Co Ltd Class A 000333 1.89%
Industrial Bank Co Ltd 601166 1.86%
Wuliangye Yibin Co Ltd 000858 1.80%
CITIC Securities Co Ltd 600030 1.52%
Inner Mongolia Yili Industrial Group Co Ltd 600887 1.46%

4. What is ASHR performance? What are ASHR historical returns?

ASHR has generated the following returns:

  • 1-month return is 2.91%;
  • 3-month return is -3.91%;
  • 1-year return is 3.15%;
  • 3-year return is 4.51%;
  • 5-year return is -5.10%.

5. How many up and down years did ASHR have historically?

In the last 10 years, ASHR had 3 up years and 3 down years.

6. What is ASHR dividend yield?

ASHR yield is 1.05%.

7. What is ASHR expense ratio?

ASHR expense ratio is 0.65%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

8. What is ASHR tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 0.41%;
  • 3-year ax cost ratio is 0.43%.

9. What is ASHR beta? How would you assess ASHR risk?

  • 3-year beta is 0.86;
  • 5-year beta is 1.13.

10. What is ASHR Sharpe ratio?

  • 3-year Sharpe ratio is 0.13;
  • 5-year Sharpe ratio is -0.05.

Analysis

11. What is ASHR Finny Score? ASHR buy or sell?

ASHR Finny Score is 40. Our quantitative analysis shows 2 reasons to buy ASHR and 3 reasons to sell it, resulting in the Finny Score of 40.

12. What are the pros of investing in ASHR? What are ASHR buy reasons?

The following are ASHR strengths from our perspective:

  • ASHR 3-year return is 4.51%, which is higher than the 3-year return of the benchmark index (MSCI ACWI Ex USA NR USD), -2.17%.
  • ASHR 3-year Beta is 0.86, which is inversely correlated with the index (MSCI ACWI Ex USA NR USD). The could be good if you're trying to hedge your portfolio.

13. What are the cons of investing in ASHR? What are ASHR negatives?

The following are ASHR weaknesses from our perspective:

  • ASHR 5-year return is -5.1%, which is lower than the 5-year return of the benchmark index (MSCI ACWI Ex USA NR USD), -1.08%.
  • ASHR expense ratio is 0.65%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • ASHR 5-year Beta is 1.13, which is higher than the index (MSCI ACWI Ex USA NR USD) 5-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 5 years.

Alternatives

14. Compare and contrast: ASHR vs FXI.

Both ASHR and FXI are ETFs. ASHR has a lower 5-year return than FXI (-5.1% vs -3.09%). ASHR has a lower expense ratio than FXI (0.65% vs 0.74%). Below is the comparison between ASHR and FXI.

ASHR FXI
Segment Equity: China - Total Market Equity: China - Large Cap
Net Assets $1.33B $3.78B
Expense Ratio 0.65% 0.74%
Management Style passive (index-based) passive (index-based)
Underlying Index CSI 300 Index FTSE China 50 Index-USD NET
YTD Return -8.03% -13.02%
1-Year Return 3.15% -5.85%
3-Year Return 4.51% 1.17%
5-Year Return -5.1% -3.09%
10-Year Return N/A 2.27%
Dividend Yield 1.05% 2.97%

FXI profile: The Fund seeks to track the investment results of an index composed of large-capitalization Chinese equities that trade on the Hong Kong Stock Exchange. The Fund seeks to track the investment results of the FTSE China 50 Index. The Underlying Index consists of 50 of the largest and most liquid Chinese companies.

For further information, check out ASHR vs FXI comparison details.

15. Compare and contrast: ASHR vs MCHI.

Both ASHR and MCHI are ETFs. ASHR has a lower 5-year return than MCHI (-5.1% vs 1.27%). ASHR has a higher expense ratio than MCHI (0.65% vs 0.59%). Below is the comparison between ASHR and MCHI.

ASHR MCHI
Segment Equity: China - Total Market Equity: China - Total Market
Net Assets $1.33B $5.41B
Expense Ratio 0.65% 0.59%
Management Style passive (index-based) passive (index-based)
Underlying Index CSI 300 Index MSCI China Index
YTD Return -8.03% -5.9%
1-Year Return 3.15% 3.2%
3-Year Return 4.51% 6.08%
5-Year Return -5.1% 1.27%
10-Year Return N/A N/A
Dividend Yield 1.05% 1.55%

MCHI profile: The Fund seeks to track the investment results of an index composed of Chinese equities that are available to international investors. The Fund generally invests at least 90% of its assets in the securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index.

For further information, check out ASHR vs MCHI comparison details.

16. Compare and contrast: ASHR vs GXC.

Both ASHR and GXC are ETFs. ASHR has a lower 5-year return than GXC (-5.1% vs 2.03%). ASHR has a higher expense ratio than GXC (0.65% vs 0.59%). Below is the comparison between ASHR and GXC.

ASHR GXC
Segment Equity: China - Total Market Equity: China - Total Market
Net Assets $1.33B $1.21B
Expense Ratio 0.65% 0.59%
Management Style passive (index-based) passive (index-based)
Underlying Index CSI 300 Index S&P China BMI Index
YTD Return -8.03% -5.92%
1-Year Return 3.15% 2.72%
3-Year Return 4.51% 5.78%
5-Year Return -5.1% 2.03%
10-Year Return N/A 5.81%
Dividend Yield 1.05% 1.68%

GXC profile: The Fund seeks to replicate as closely as possible the total return performance of an equity index based upon the Chinese composite market. The Fund uses a passive management strategy designed to track the total return performance of the S&P/Citigroup BMI China Index ("China Index" or the "Index").

For further information, check out ASHR vs GXC comparison details.

17. Compare and contrast: ASHR vs CNYA.

Both ASHR and CNYA are ETFs. ASHR has a higher expense ratio than CNYA (0.65% vs 0.6%). Below is the comparison between ASHR and CNYA.

ASHR CNYA
Segment Equity: China - Total Market Equity: China - Total Market
Net Assets $1.33B $339.34M
Expense Ratio 0.65% 0.6%
Management Style passive (index-based) passive (index-based)
Underlying Index CSI 300 Index MSCI China A International Index
YTD Return -8.03% -4.76%
1-Year Return 3.15% 6.89%
3-Year Return 4.51% 6.07%
5-Year Return -5.1% N/A
10-Year Return N/A N/A
Dividend Yield 1.05% 1.26%

CNYA profile: The Fund seeks to track the investment results of an index composed of domestic Chinese equities that trade on the Shanghai or Shenzhen Stock Exchange. The Fund seeks to track the investment results of the MSCI China A International Index which is designed to measure equity market performance in the China A-shares market.

For further information, check out ASHR vs CNYA comparison details.

18. Compare and contrast: ASHR vs KBA.

Both ASHR and KBA are ETFs. ASHR has a higher 5-year return than KBA (-5.1% vs -6.24%). ASHR has a higher expense ratio than KBA (0.65% vs 0.6%). Below is the comparison between ASHR and KBA.

ASHR KBA
Segment Equity: China - Total Market Equity: China - Total Market
Net Assets $1.33B $536.54M
Expense Ratio 0.65% 0.6%
Management Style passive (index-based) passive (index-based)
Underlying Index CSI 300 Index MSCI China A International Index
YTD Return -8.03% -4.69%
1-Year Return 3.15% 6.03%
3-Year Return 4.51% 5.98%
5-Year Return -5.1% -6.24%
10-Year Return N/A N/A
Dividend Yield 1.05% 1.58%

KBA profile: The Fund seeks to provide investment results that, before fees and expenses, correspond to the price and yield performance of a specific foreign equity securities benchmark. The Fund will normally invest at least 80% of its total assets in securities of the underlying index and depositary receipts, including ADRs.

For further information, check out ASHR vs KBA comparison details.

19. Compare and contrast: ASHR vs PEK.

Both ASHR and PEK are ETFs. ASHR has a higher 5-year return than PEK (-5.1% vs -6.65%). ASHR has a higher expense ratio than PEK (0.65% vs 0.6%). Below is the comparison between ASHR and PEK.

ASHR PEK
Segment Equity: China - Total Market Equity: China - Total Market
Net Assets $1.33B $39.47M
Expense Ratio 0.65% 0.6%
Management Style passive (index-based) passive (index-based)
Underlying Index CSI 300 Index CSI 300 Index
YTD Return -8.03% -12.09%
1-Year Return 3.15% -2.31%
3-Year Return 4.51% 2.32%
5-Year Return -5.1% -6.65%
10-Year Return N/A N/A
Dividend Yield 1.05% N/A

For further information, check out ASHR vs PEK comparison details.

20. Compare and contrast: ASHR vs ASHX.

Both ASHR and ASHX are ETFs. ASHR has a higher expense ratio than ASHX (0.65% vs 0.6%). Below is the comparison between ASHR and ASHX.

ASHR ASHX
Segment Equity: China - Total Market Equity: China - Total Market
Net Assets $1.33B $14.42M
Expense Ratio 0.65% 0.6%
Management Style passive (index-based) passive (index-based)
Underlying Index CSI 300 Index CSI 300 USD Hedged Index
YTD Return -8.03% -4.62%
1-Year Return 3.15% 7.71%
3-Year Return 4.51% 3.4%
5-Year Return -5.1% N/A
10-Year Return N/A N/A
Dividend Yield 1.05% 1.83%

ASHX profile: The Fund seeks investment results that correspond generally to the performance of the CSI 300 USD Hedged Index. The Fund invests at least 80% of its net assets in A-Shares of Chinese issuers or in derivative instruments and other securities that provide investment exposure to A-Shares of Chinese issuers.

For further information, check out ASHR vs ASHX comparison details.

21. Compare and contrast: ASHR vs KWEB.

Both ASHR and KWEB are ETFs. ASHR has a lower 5-year return than KWEB (-5.1% vs 5.28%). ASHR has a lower expense ratio than KWEB (0.65% vs 0.76%). Below is the comparison between ASHR and KWEB.

ASHR KWEB
Segment Equity: China - Total Market Equity: China Technology
Net Assets $1.33B $2.02B
Expense Ratio 0.65% 0.76%
Management Style passive (index-based) passive (index-based)
Underlying Index CSI 300 Index CSI Overseas China Internet Index
YTD Return -8.03% 4.03%
1-Year Return 3.15% 12.43%
3-Year Return 4.51% 3.4%
5-Year Return -5.1% 5.28%
10-Year Return N/A N/A
Dividend Yield 1.05% 0.08%

KWEB profile: The Fund seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific foreign equity securities benchmark. The Underlying Index is designed to measure the performance of the investable universe of publicly traded China-based companies.

For further information, check out ASHR vs KWEB comparison details.

22. Compare and contrast: ASHR vs ASHS.

Both ASHR and ASHS are ETFs. ASHR has a higher 5-year return than ASHS (-5.1% vs -11.98%). ASHR and ASHS have the same expense ratio (0.65%). Below is the comparison between ASHR and ASHS.

ASHR ASHS
Segment Equity: China - Total Market Equity: China - Small Cap
Net Assets $1.33B $31.14M
Expense Ratio 0.65% 0.65%
Management Style passive (index-based) passive (index-based)
Underlying Index CSI 300 Index CSI 500 Index
YTD Return -8.03% 0.8%
1-Year Return 3.15% 5.69%
3-Year Return 4.51% -3.15%
5-Year Return -5.1% -11.98%
10-Year Return N/A N/A
Dividend Yield 1.05% 0.57%

ASHS profile: The Fund seeks investment results that correspond generally to the performance, before fees and expenses, of the CSI 500 Index ("Underlying Index"). The Underlying Index is designed to reflect the price fluctuation and performance of the 500 smallest and most liquid stocks in the China A-Share market.

For further information, check out ASHR vs ASHS comparison details.

In the ASHR review, we covered ASHR key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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