China Growth
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
CQQQ Invesco China Technology ETF | China Equities | 30% |
KWEB KraneShares CSI China Internet ETF | China Equities | 20% |
MCHI iShares MSCI China ETF | China Equities | 50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in China Growth, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.
The earliest data available for this chart is Aug 1, 2013, corresponding to the inception date of KWEB
Returns By Period
As of May 9, 2025, the China Growth returned 12.80% Year-To-Date and 0.67% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -3.70% | 13.67% | -5.18% | 9.18% | 14.14% | 10.43% |
| China Growth | 12.80% | 18.63% | 1.26% | 22.73% | -2.39% | 0.67% |
| Portfolio components: | ||||||
MCHI iShares MSCI China ETF | 14.06% | 18.20% | 4.09% | 24.51% | -0.69% | 0.51% |
CQQQ Invesco China Technology ETF | 9.70% | 19.77% | -3.09% | 23.17% | -4.08% | 0.47% |
KWEB KraneShares CSI China Internet ETF | 14.16% | 18.03% | 0.66% | 16.76% | -5.42% | -0.02% |
Monthly Returns
The table below presents the monthly returns of China Growth, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 4.20% | 10.46% | 0.52% | -5.73% | 3.43% | 12.80% | |||||||
| 2024 | -14.02% | 8.22% | 2.05% | 5.43% | 4.14% | -4.11% | -1.49% | -1.29% | 25.94% | -2.63% | -3.32% | -0.72% | 14.42% |
| 2023 | 12.40% | -11.26% | 5.64% | -7.13% | -9.64% | 4.93% | 12.56% | -9.63% | -5.53% | -3.97% | 4.59% | -2.19% | -12.40% |
| 2022 | -1.02% | -7.05% | -12.59% | -4.89% | 4.02% | 9.42% | -11.38% | 0.72% | -16.24% | -16.25% | 34.02% | 4.27% | -23.83% |
| 2021 | 10.37% | 0.94% | -10.22% | 0.26% | -1.98% | 1.59% | -16.58% | -0.69% | -5.86% | 2.57% | -5.52% | -5.41% | -28.61% |
| 2020 | -3.70% | 3.29% | -8.94% | 6.22% | 4.15% | 12.59% | 8.95% | 4.64% | -2.33% | 5.74% | 3.57% | 3.59% | 42.52% |
| 2019 | 13.92% | 4.43% | 2.42% | 2.81% | -15.15% | 8.07% | -2.05% | -1.29% | -0.45% | 5.19% | 3.12% | 6.69% | 27.95% |
| 2018 | 10.66% | -5.66% | -2.22% | -3.42% | 3.44% | -5.29% | -2.90% | -6.62% | -2.23% | -12.97% | 7.18% | -8.95% | -27.27% |
| 2017 | 8.74% | 4.03% | 3.70% | 3.73% | 4.39% | 2.41% | 9.97% | 5.07% | 2.22% | 2.65% | 2.00% | 1.61% | 63.46% |
| 2016 | -12.27% | -1.74% | 10.01% | -0.24% | -0.30% | -1.01% | 3.89% | 9.08% | 4.96% | -3.71% | -2.35% | -6.05% | -1.90% |
| 2015 | 0.48% | 3.22% | 4.54% | 15.23% | -2.53% | -4.87% | -11.81% | -13.34% | -0.37% | 14.12% | 2.64% | -2.20% | 1.06% |
| 2014 | -3.96% | 5.90% | -3.51% | -5.85% | 5.22% | 5.22% | 3.91% | 2.28% | -6.35% | 4.40% | 0.40% | -3.22% | 3.29% |
Expense Ratio
China Growth has an expense ratio of 0.66%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of China Growth is 37, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
MCHI iShares MSCI China ETF | 0.71 | 1.13 | 1.15 | 0.40 | 1.65 |
CQQQ Invesco China Technology ETF | 0.56 | 0.97 | 1.12 | 0.26 | 1.27 |
KWEB KraneShares CSI China Internet ETF | 0.40 | 0.77 | 1.10 | 0.18 | 0.84 |
Dividends
Dividend yield
China Growth provided a 1.70% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.70% | 1.94% | 2.25% | 1.10% | 1.94% | 0.72% | 0.75% | 1.61% | 1.32% | 1.57% | 2.00% | 1.65% |
| Portfolio components: | ||||||||||||
MCHI iShares MSCI China ETF | 2.02% | 2.31% | 3.49% | 2.16% | 1.04% | 1.04% | 1.45% | 1.60% | 1.56% | 1.66% | 2.76% | 2.35% |
CQQQ Invesco China Technology ETF | 0.26% | 0.28% | 0.55% | 0.08% | 0.00% | 0.47% | 0.01% | 0.43% | 1.42% | 1.69% | 1.77% | 1.00% |
KWEB KraneShares CSI China Internet ETF | 3.07% | 3.51% | 1.71% | 0.00% | 7.07% | 0.29% | 0.08% | 3.40% | 0.58% | 1.19% | 0.46% | 0.89% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the China Growth. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the China Growth was 69.46%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current China Growth drawdown is 51.24%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -69.46% | Feb 18, 2021 | 425 | Oct 24, 2022 | — | — | — |
| -38.36% | Jan 29, 2018 | 235 | Jan 3, 2019 | 378 | Jul 6, 2020 | 613 |
| -37.31% | Apr 28, 2015 | 201 | Feb 11, 2016 | 321 | May 22, 2017 | 522 |
| -15.01% | Mar 7, 2014 | 44 | May 8, 2014 | 52 | Jul 23, 2014 | 96 |
| -12.71% | Sep 8, 2014 | 26 | Oct 13, 2014 | 117 | Apr 1, 2015 | 143 |
Volatility
Volatility Chart
The current China Growth volatility is 9.90%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 3 assets, with an effective number of assets of 2.63, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| ^GSPC | KWEB | MCHI | CQQQ | Portfolio | |
|---|---|---|---|---|---|
| ^GSPC | 1.00 | 0.50 | 0.54 | 0.52 | 0.55 |
| KWEB | 0.50 | 1.00 | 0.85 | 0.90 | 0.94 |
| MCHI | 0.54 | 0.85 | 1.00 | 0.88 | 0.96 |
| CQQQ | 0.52 | 0.90 | 0.88 | 1.00 | 0.96 |
| Portfolio | 0.55 | 0.94 | 0.96 | 0.96 | 1.00 |