WisdomTree China ex-State-Owned Enterprises Fund

10-Year Study

CXSE.US · · US · ETF

Executive Summary: WisdomTree China ex-State-Owned Enterprises Fund has compounded at 7.3% annually over the last 10 years, with a maximum drawdown of 65.3% and an annualized volatility of 31.0%.

1Y CAGR
+28.9%
3Y CAGR
+13.3%
5Y CAGR
-8.0%
10Y CAGR
+7.3%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
65.3%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.24
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.41
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
26.3%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2017 · +81.5%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -29.3%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20262.9-4.0-4.67.3————————1.2%
20252.79.01.8-5.72.25.87.610.49.5-5.0-3.4-1.137.0%
2024-14.89.21.23.82.8-4.8-0.5-0.526.8-3.5-3.9-2.58.6%
202313.5-13.11.5-5.2-9.73.813.1-10.1-4.8-2.7-0.3-1.9-18.0%
2022-3.1-6.4-11.2-6.94.110.7-11.0-0.8-15.8-15.328.90.9-29.3%
20218.5-0.5-8.21.7-0.72.7-14.5-2.6-4.53.8-5.4-5.0-23.7%
2020-4.34.4-7.97.15.012.110.67.3-1.16.03.66.659.4%
201913.16.66.22.8-14.78.8-0.8-2.3-0.45.43.07.738.0%
20189.0-5.2-1.0-4.54.2-6.4-4.0-5.1-3.2-11.85.4-8.5-28.5%
20177.66.74.81.810.03.110.53.44.54.12.12.981.5%
2016———1.2-2.7-1.64.85.96.3-1.3-1.3-5.84.8%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 31.0%. The dominant macroeconomic risk driver is VWO.US, accounting for 91.9% of variance. Idiosyncratic stock-specific factors contribute 12.4%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110122.007986868215
2016-05-019843.790577455473
2016-06-019686.797167846731
2016-07-0110149.104539775093
2016-08-0110749.001641472914
2016-09-0111421.466545801995
2016-10-0111271.77401572874
2016-11-0111128.647377318275
2016-12-0110477.987113212632
2017-01-0111278.290908200015
2017-02-0112037.435382316193
2017-03-0112609.84393757503
2017-04-0112832.888257343755
2017-05-0114116.422079035696
2017-06-0114559.129774358724
2017-07-0116084.572604552026
2017-08-0116630.472597202148
2017-09-0117377.4162726315
2017-10-0118098.537374133324
2017-11-0118473.430188401893
2017-12-0119017.860205306613
2018-01-0120733.95888967832
2018-02-0119646.519832422764
2018-03-0119454.638998456525
2018-04-0118572.310556875815
2018-05-0119353.161672832397
2018-06-0118123.23296665605
2018-07-0117393.047014724256
2018-08-0116505.328662077074
2018-09-0115969.228507729622
2018-10-0114088.63953744763
2018-11-0114848.470000244995
2018-12-0113588.406791287944
2019-01-0115367.028444030673
2019-02-0116386.89761618933
2019-03-0117395.594972682953
2019-04-0117886.566871646617
2019-05-0115253.203322145186
2019-06-0116600.828086336576
2019-07-0116475.243158487883
2019-08-0116089.570522086386
2019-09-0116032.87845750545
2019-10-0116905.652056741063
2019-11-0117413.087684053215
2019-12-0118746.943675429357
2020-01-0117934.782076095744
2020-02-0118726.65801014283
2020-03-0117242.2275032462
2020-04-0118473.969179508535
2020-05-0119396.672954896247
2020-06-0121741.08827204351
2020-07-0124038.41536614646
2020-08-0125801.11228164735
2020-09-0125508.5381091212
2020-10-0127042.99679055296
2020-11-0128019.011686307178
2020-12-0129880.490971898962
2021-01-0132429.232917656856
2021-02-0132265.67361638533
2021-03-0129616.97331994022
2021-04-0130112.20814856555
2021-05-0129912.291447191124
2021-06-0130733.517896954698
2021-07-0126264.20364063993
2021-08-0125589.23977754367
2021-09-0124435.65181174511
2021-10-0125368.44942058456
2021-11-0124001.273978979345
2021-12-0122807.359678565303
2022-01-0122093.490457407454
2022-02-0120679.471788715484
2022-03-0118368.375921797287
2022-04-0117096.062914961905
2022-05-0117789.646470833228
2022-06-0119698.50797461842
2022-07-0117536.95764019894
2022-08-0117389.176078594704
2022-09-0114635.617512311048
2022-10-0112397.13844721562
2022-11-0115974.961413136683
2022-12-0116119.656025675575
2023-01-0118295.857118357548
2023-02-0115901.609623441214
2023-03-0116138.22671925913
2023-04-0115303.035499914253
2023-05-0113813.558076291742
2023-06-0114344.1703211897
2023-07-0116229.61021143151
2023-08-0114587.451307053434
2023-09-0113892.054781096112
2023-10-0113511.77205576108
2023-11-0113464.781831099788
2023-12-0113215.081951147804
2024-01-0111253.056324570645
2024-02-0112290.663204057133
2024-03-0112441.580713918222
2024-04-0112913.197932234118
2024-05-0113281.083862116277
2024-06-0112642.820393463508
2024-07-0112576.132493813851
2024-08-0112518.950437317784
2024-09-0115870.05414410662
2024-10-0115314.697307494425
2024-11-0114721.072102310312
2024-12-0114346.22828723326
2025-01-0114730.332949506334
2025-02-0116050.714163216306
2025-03-0116343.582330891539
2025-04-0115416.909620991253
2025-05-0115752.995075581255
2025-06-0116672.31790675454
2025-07-0117936.889041330818
2025-08-0119797.43734228385
2025-09-0121669.15745890193
2025-10-0120575.495504324183
2025-11-0119875.542053556117
2025-12-0119653.575716000687
2026-01-0120231.766175858098
2026-02-0119418.379596736653
2026-03-0118531.4942303452
2026-04-0119884.998897518188
Annual Return Matrix
YearAnnual Return
20170.8150299289188179
2018-0.28549234011635405
20190.37962779326335383
20200.5938859949241628
2021-0.23671402521416296
2022-0.2932256844782841
2023-0.18018834086169888
20240.08559510567297002
20250.36994723090322235
20260.011775118424333098
Total Factor Risk
0.30972756211860447
VTI.US Exposure
0.013111032555961846
VEA.US Exposure
-0.12398487608950062
VWO.US Exposure
0.9186759929322805
QQQ.US Exposure
-0.07210750981876471
VTV.US Exposure
-0.015046446081120877
IJR.US Exposure
-0.0014691743395741476
QUAL.US Exposure
0.10582321821986722
SHV.US Exposure
0.018444255185236066
TLT.US Exposure
-0.03860804991293138
LQD.US Exposure
0.12787844768818563
HYG.US Exposure
-0.013856352369950002
GLD.US Exposure
-0.013829292348143911
USO.US Exposure
0.00025664900603624866
VNQ.US Exposure
-0.02421318100403086
BTC-USD.CC Exposure
0.00101668954013677
CPER.US Exposure
-0.016665304822006823
VIX.INDX Exposure
-0.005522859698032186
UUP.US Exposure
0.002132364435885794
TIP.US Exposure
0.013488088904711835
Idiosyncratic Exposure
0.12447630801575368
Value Score
43.7
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
23.6
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
31.0%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →15.8x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →1.97%
Market Cap$43.7B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$10
Avg Yield on Cost
0.10%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$9.80.10%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+3.6%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+1.4%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
9.8% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.93
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is WisdomTree China ex-State-Owned Enterprises Fund a high-risk investment?

WisdomTree China ex-State-Owned Enterprises Fund (CXSE.US) has an annualized volatility of 31.0% and experienced a maximum drawdown of 65.3% over the last 10 years. Its primary macro risk driver is VWO.US.

What is the 10-year return of CXSE.US?

Over the past 10 years, CXSE.US has generated a Compound Annual Growth Rate (CAGR) of 7.3%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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