China
1. China: CNYA, MCHI
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
CNYA iShares MSCI China A ETF | China Equities | 50% |
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, 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 Quarterly
The earliest data available for this chart is Jun 15, 2016, corresponding to the inception date of CNYA
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 13.20% | -1.28% | 10.32% | 18.23% | 12.31% | 10.58% |
| China | -0.79% | -3.31% | 4.64% | -11.46% | -3.03% | N/A |
| Portfolio components: | ||||||
CNYA iShares MSCI China A ETF | -2.70% | -1.69% | 1.43% | -12.77% | -0.67% | N/A |
MCHI iShares MSCI China ETF | 0.95% | -4.86% | 7.75% | -10.30% | -5.70% | -0.36% |
Monthly Returns
The table below presents the monthly returns of China, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -9.24% | 8.15% | 0.87% | 3.91% | 1.88% | -3.41% | -0.79% | ||||||
| 2023 | 11.67% | -8.06% | 2.11% | -2.80% | -8.82% | 1.56% | 8.94% | -8.87% | -2.54% | -3.74% | 1.47% | -1.92% | -12.54% |
| 2022 | -4.06% | -2.34% | -9.86% | -7.47% | 3.36% | 9.48% | -9.12% | -2.23% | -11.75% | -13.00% | 23.77% | 1.14% | -24.49% |
| 2021 | 5.85% | -0.71% | -6.04% | 1.79% | 3.27% | -0.56% | -9.55% | 0.06% | -1.70% | 2.06% | -2.70% | -0.81% | -9.53% |
| 2020 | -8.28% | 6.41% | -8.46% | 4.90% | 1.50% | 8.61% | 11.84% | 5.52% | -2.75% | 3.84% | 4.29% | 4.78% | 34.55% |
| 2019 | 11.40% | 7.70% | 3.62% | 1.19% | -11.54% | 7.71% | -1.12% | -2.86% | -0.26% | 3.58% | 0.63% | 8.52% | 29.86% |
| 2018 | 10.46% | -7.08% | -0.59% | -3.35% | 1.66% | -8.06% | -0.77% | -5.87% | 0.80% | -9.68% | 4.07% | -5.82% | -23.17% |
| 2017 | 6.26% | 2.95% | 1.24% | 0.76% | 3.94% | 3.66% | 6.02% | 4.30% | 0.88% | 3.64% | 0.45% | 2.03% | 42.47% |
| 2016 | 2.30% | 3.60% | 4.35% | 1.23% | -1.22% | 1.80% | -7.22% | 4.43% |
Expense Ratio
China features an expense ratio of 0.60%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of China is 1, indicating that it is in the bottom 1% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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 | |
|---|---|---|---|---|---|
CNYA iShares MSCI China A ETF | -0.79 | -1.14 | 0.88 | -0.28 | -1.07 |
MCHI iShares MSCI China ETF | -0.43 | -0.49 | 0.95 | -0.17 | -0.68 |
Dividends
Dividend yield
China granted a 3.66% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| China | 3.66% | 3.86% | 2.42% | 1.07% | 1.04% | 1.32% | 2.75% | 1.26% | 1.51% | 1.38% | 1.17% | 1.19% |
| Portfolio components: | ||||||||||||
CNYA iShares MSCI China A ETF | 4.42% | 4.23% | 2.69% | 1.11% | 1.06% | 1.21% | 3.92% | 0.97% | 1.38% | 0.00% | 0.00% | 0.00% |
MCHI iShares MSCI China ETF | 2.89% | 3.49% | 2.14% | 1.03% | 1.03% | 1.44% | 1.58% | 1.54% | 1.64% | 2.76% | 2.35% | 2.37% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the China. 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 was 54.99%, occurring on Feb 2, 2024. The portfolio has not yet recovered.
The current China drawdown is 49.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.99% | Feb 18, 2021 | 745 | Feb 2, 2024 | — | — | — |
| -33.7% | Jan 29, 2018 | 235 | Jan 3, 2019 | 378 | Jul 6, 2020 | 613 |
| -8.82% | Sep 23, 2016 | 67 | Dec 28, 2016 | 36 | Feb 21, 2017 | 103 |
| -7.3% | Sep 2, 2020 | 6 | Sep 10, 2020 | 22 | Oct 12, 2020 | 28 |
| -7.13% | Nov 22, 2017 | 11 | Dec 7, 2017 | 17 | Jan 3, 2018 | 28 |
Volatility
Volatility Chart
The current China volatility is 4.40%, 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
Asset Correlations Table
| CNYA | MCHI | |
|---|---|---|
| CNYA | 1.00 | 0.72 |
| MCHI | 0.72 | 1.00 |