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Matthews China Active ETF (MCH) Sharpe Ratio: 0.56

ETF · Currency in USD · Last updated Aug 5, 2026

MCH is an actively managed ETF by Matthews. MCH launched on Jul 13, 2022 and has a 0.79% expense ratio.

MCH's Sharpe Ratio of 0.56 indicates that for each unit of volatility, it generates 0.56 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Aug 5, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

MCH Sharpe Ratio Rank

MCH Sharpe Ratio Rank: 22.723
Below Average

MCH ranks above 22.7% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

MCH Sharpe Ratio Market Positioning

The chart shows MCH's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.65 or lower
  • Yellow zone (middle 50%): 0.65 to 1.95
  • Green zone (top 25%): 1.95 or higher
  • Top 1%: 6.23+
  • Median: 1.43 — half of all investments score higher

How it compares to other similar ETFs

The table compares Matthews China Active ETF's Sharpe Ratio with other ETFs in the China Equities, Asia Pacific Equities category across multiple time periods, showing how MCH's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Aug 5, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FLTWFranklin FTSE Taiwan ETF2.73
KCAIKraneShares China Alpha Index ETF2.69
DXJWisdomTree Japan Hedged Equity Fund2.65
EWTiShares MSCI Taiwan ETF2.64
EWYiShares MSCI South Korea ETF2.62
FLKRFranklin FTSE South Korea ETF2.61
MKORMatthews Korea Active ETF2.60
OPPJWisdomTree Japan Opportunities ETF2.56
DVYAiShares Asia/Pacific Dividend ETF2.53
KORUDirexion Daily MSCI South Korea Bull 3X Shares2.38
MCHMatthews China Active ETF0.56
Benchmark

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Time Period

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Historical Sharpe Ratio

The chart shows MCH's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when MCH consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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