My old EM ETF was converted last year: $AE5A (-0,25%)

I have been in the red here for 2 years, even with the previous EM ETF. current performance -7.80% . Performance incl. div. -4%

Now the situation in China is becoming increasingly delicate, I am considering switching to an ETF without China or simply taking an All World. $AHYQ (+0,47%) I have also been running since I entered the stock market.

I would just like to hear some opinions.

Thank you.