- ISIN
- US46429B6719
- CUSIP
- 46429B671
- Issuer
- iShares
- Inception Date
- Mar 29, 2011
- Region
- Emerging Asia Pacific (China)
- Category
- China Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI China Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $6B
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
MCHI Performance Chart
iShares MSCI China ETF (MCHI) is down 11.4% since the beginning of the year. MCHI is currently trading at $53 per share. Investors who bought $1,000 worth of MCHI shares 5 years ago would now be looking at an investment worth $726.
Loading charts...
Returns By Period
iShares MSCI China ETF (MCHI) has returned -11.42% so far this year and 0.67% over the past 12 months. Over the last ten years, MCHI has returned 4.51% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
iShares MSCI China ETF
- 1D
- 0.17%
- 1M
- -4.19%
- YTD
- -11.42%
- 6M
- -12.61%
- 1Y
- 0.67%
- 3Y*
- 8.89%
- 5Y*
- -6.21%
- 10Y*
- 4.51%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
MCHI Monthly Returns History
Based on dividend-adjusted daily data since Mar 31, 2011, MCHI's average daily return is +0.02%, while the average monthly return is +0.40%. At this rate, an investment would double in approximately 14.5 years.
Historically, 53% of months were positive and 47% were negative. The best month was Nov 2022 with a return of +32.1%, while the worst month was Sep 2011 at -19.1%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.
On a daily basis, MCHI closed higher 50% of trading days. The best single day was Mar 16, 2022 with a return of +20.9%, while the worst single day was Oct 8, 2024 at -10.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.88% | -5.35% | -4.88% | 2.47% | -4.29% | -3.43% | -11.42% | ||||||
| 2025 | 3.31% | 10.68% | 1.53% | -5.04% | 2.25% | 5.35% | 4.23% | 6.76% | 7.40% | -3.46% | -2.16% | -2.24% | 31.04% |
| 2024 | -10.31% | 6.70% | 1.90% | 5.39% | 4.66% | -3.35% | -1.54% | 0.75% | 21.71% | -3.26% | -3.92% | 0.92% | 17.73% |
| 2023 | 12.80% | -10.68% | 4.24% | -4.35% | -9.39% | 3.67% | 11.31% | -9.82% | -3.61% | -3.42% | 2.08% | -2.19% | -11.94% |
| 2022 | -0.27% | -6.37% | -9.76% | -4.59% | 2.64% | 8.02% | -10.97% | -0.00% | -14.35% | -16.40% | 32.12% | 2.55% | -23.01% |
| 2021 | 8.09% | -0.47% | -6.21% | 0.34% | -0.17% | 0.95% | -13.55% | -0.67% | -4.61% | 2.53% | -5.82% | -3.04% | -21.74% |
Benchmark Metrics
iShares MSCI China ETF has an annualized alpha of -5.29%, beta of 0.86, and R2 of 0.31 versus S&P 500 Index. Calculated based on daily prices since March 31, 2011.
- This ETF participated in 87.19% of S&P 500 Index downside but only 50.56% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.31 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -5.29%
- Beta
- 0.86
- R²
- 0.31
- Upside Capture
- 50.56%
- Downside Capture
- 87.19%
Expense Ratio
MCHI has an expense ratio of 0.59%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MCHI ranks 9 for risk / return — in the bottom 9% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares MSCI China ETF (MCHI) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MCHI | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.00 | ||
| Sortino ratioReturn per unit of downside risk | -2.56 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.37 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.03 | 2.78 | -2.75 |
| Martin ratioReturn relative to average drawdown | 0.07 | 12.44 | -12.37 |
Dividends
Dividend History
iShares MSCI China ETF provided a 2.07% dividend yield over the last twelve months, with an annual payout of $1.10 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.10 | $1.27 | $1.08 | $1.09 | $0.85 | $0.65 | $0.84 | $0.93 | $0.84 | $1.04 | $0.72 | $1.23 |
Dividend yield | 2.07% | 2.12% | 2.31% | 2.66% | 1.78% | 1.04% | 1.04% | 1.45% | 1.60% | 1.56% | 1.66% | 2.76% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares MSCI China ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $1.27 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.89 | $1.08 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.99 | $1.09 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 | $0.85 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 | $0.65 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares MSCI China ETF. 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 iShares MSCI China ETF was 62.95%, occurring on Oct 31, 2022. The portfolio has not yet recovered.
The current iShares MSCI China ETF drawdown is 39.60%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -62.95%Oct 2022 | 1y 8mo | — | 5y 4moFeb 2021 - now |
2016 bear market2016 | -43.23%Feb 2016 | 9mo 18d | 1y 6mo | 2y 3moApr 2015 - Aug 2017 |
2011 bear market2011 | -37.14%Oct 2011 | 5mo 12d | 2y 9mo | 3y 3moApr 2011 - Jul 2014 |
Rate-hike selloffLate 2018 | -33.16%Oct 2018 | 9mo 3d | 1y 8mo | 2y 5moJan 2018 - Jul 2020 |
2014 correction2014 | -11.54%Oct 2014 | 24d | 3mo 21d | 4mo 15dSep 2014 - Jan 2015 |
Drawdown Indicators
| MCHI | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.95% | -56.78% | -6.17% |
Max Drawdown (1Y)Largest decline over 1 year | -19.74% | -9.10% | -10.64% |
Max Drawdown (3Y)Largest decline over 3 years | -25.85% | -18.90% | -6.95% |
Max Drawdown (5Y)Largest decline over 5 years | -56.98% | -25.43% | -31.55% |
Max Drawdown (10Y)Largest decline over 10 years | -62.95% | -33.92% | -29.03% |
Current DrawdownCurrent decline from peak | -39.60% | -1.80% | -37.80% |
Average DrawdownAverage peak-to-trough decline | -24.56% | -10.71% | -13.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.18% | 2.03% | +7.15% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with MCHI
Add iShares MSCI China ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with MCHI