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Upturn AI Summary
Xtrackers Harvest CSI 500 China-A Shares Small Cap ETF(ASHS)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ASHS
10/02/2026: ASHS (1-star) is currently NOT-A-BUY. Pass it for now.
ASHS provides focused exposure to the Chinese small-cap market by tracking the CSI 500 Index, offering investors a way to participate in domestic growth beyond the typical large-cap China benchmarks. Its main strengths include DWS's robust management and specialized market access, though it carries a higher expense ratio and lower liquidity than broader-market funds. It is designed to play a tactical or satellite role in a diversified portfolio rather than acting as a core holding. Key risks include intense regulatory uncertainty, geopolitical tensions, and high inherent volatility. It best suits sophisticated, long-term investors willing to tolerate significant risk for potential exposure to the mainland Chinese equity market.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | This fund targets small-cap growth in China but is subject to high policy and economic volatility. |
| Momentum investor | Strong fit while signal remains positive | Momentum traders may use this for tactical exposure to Chinese market upturns. |
| Value investor | Mixed fit | While Chinese small-caps may look cheap, value traps are common due to regulatory risks. |
| Dividend/Income investor | Weak fit | The fund is primarily focused on capital appreciation rather than dividend income. |
| Low-risk investor | Weak fit | The combination of emerging market risk and small-cap volatility makes this unsuitable for conservative portfolios. |
Investor Profile
Ideal Investor Profile
The ideal investor is someone who is optimistic about the long-term domestic growth of China and is comfortable with the high risks associated with small-cap emerging market investments.
Suitability
ASHS is best suited for long-term investors looking to diversify a global portfolio with tactical China A-share exposure, rather than active traders or conservative investors.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Small-cap Chinese stocks are inherently prone to sharp price swings. |
| Market risk | High | The fund is entirely exposed to the systematic risks of the Chinese economy. |
| Concentration | Medium / high | It is concentrated in a specific segment of the Chinese equity market. |
| Tracking/expense | Medium | Tracking a foreign market involves costs and potential gaps against the index. |
| Liquidity | Medium | Lower volume can increase trading costs during market stress. |
| Business/sector quality | Medium / high | Regulatory changes in China can significantly impact sector-specific business models. |
Risk Analysis
Volatility
ASHS exhibits high historical volatility due to the nature of the underlying small-cap equities and the sensitivity of the Chinese market to macroeconomic news.
Market Risk
The fund faces significant systematic risk from Chinese regulatory shifts, local economic health, and potential geopolitical tensions with the US.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Geography | China A-Shares (Small-to-Mid Cap Equities) | 98 | This provides broad exposure to 500 small and mid-sized companies listed in mainland China, capturing the domestic growth segment. |
| Cash/collateral | Cash and Cash Equivalents | 2 | Minor cash holdings are maintained for daily liquidity and operational requirements. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit -10.3% | Avg. Invested days 35 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/02/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Oct 2, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $33.26M |
| Issuer | Xtrackers |
| Expense Ratio | 0.65% |
| Distribution Yield | 0% |
| Inception | May 21, 2014 |
Performance
| Period | Total Return |
|---|---|
| YTD | +6.77% |
| 1 Year | +11.49% |
| 3 Year | +14.42% |
| 5 Year | +0.58% |
| 10 Year | +2.26% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 30.85% |
| 3Y Volatility | 28.06% |
| 3Y Sharpe Ratio | 0.49 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
| Benchmark | MSCI ACWI Ex USA NR USD |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Mid Cap | 59.23% |
| Large Cap | 38.96% |
| Mega Cap | 0.96% |
| Small Cap | 0.06% |
Top Sectors
| Sector | Weight |
|---|---|
| Technology | 37.21% |
| Industrials | 16.75% |
| Basic Materials | 16.11% |
| Healthcare | 8.15% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 21.96x |
| Portfolio P/B | 2.36x |
| Portfolio P/S | 1.66x |
| Holdings Turnover | 41.0% |
| Distribution Yield | 0% |
Top Holdings
| Holding | Weight |
|---|---|
| Yuanjie Semiconductor Technology. A | 1.76% |
| Hangzhou Chang Chuan Technology | 1.19% |
| Hwatsing Technology. A | 0.99% |
| Skyverse Technology. A | 0.94% |
| Sharetronic Data Technology | 0.89% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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