Matthews China Discovery Active ETF (MCHS) belongs to the China Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MCHS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MCHS
MCHS charges 0.89% annually. There are 31 ETFs in the China Equities category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin FTSE China ETF | 0.19% | 264.76M | Nov 2017 | MCHS vs FLCH | |
| WisdomTree China ex-State-Owned Enterprises Fund | 0.32% | 508.99M | Sep 2012 | MCHS vs CXSE | |
| Themes China Generative Artificial Intelligence ET... | 0.39% | — | Jul 2025 | MCHS vs DRGN | |
| iShares MSCI China A UCITS ETF | 0.40% | — | Apr 2015 | MCHS vs ISVBF | |
| Xtrackers MSCI All China Equity ETF | 0.50% | 5.96M | Apr 2014 | MCHS vs CN |
Best Risk-Adjusted Alternatives to MCHS
MCHS has a PortfoliosLab risk / return rank of 92. There are 3 ETFs in the China Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares China Alpha Index ETF | 96 | 11.51M | Aug 2024 | MCHS vs KCAI | |
| VanEck Vectors ChinaAMC SME-ChiNext ETF | 94 | 137.13M | Jul 2014 | MCHS vs CNXT | |
| Neuberger Berman China Equity ETF | 94 | 18.92M | Oct 2023 | MCHS vs NBCE | |
| KraneShares SSE STAR Market 50 Index ETF | 86 | 230.05M | Jan 2021 | MCHS vs KSTR | |
| Xtrackers Harvest CSI 500 China A-Shares Small Cap... | 83 | 37.44M | May 2014 | MCHS vs ASHS |
Top Performing MCHS Alternatives (YTD)
MCHS is at 51.63% YTD. No ETFs in the China Equities category have higher YTD returns; the top-performing alternatives shown here go as high as 47.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares SSE STAR Market 50 Index ETF | 47.82% | 230.05M | Jan 2021 | MCHS vs KSTR | |
| Direxion Daily China 3x Bear Shares | 45.69% | 115.73M | Dec 2009 | MCHS vs YANG | |
| VanEck Vectors ChinaAMC SME-ChiNext ETF | 36.42% | 137.13M | Jul 2014 | MCHS vs CNXT | |
| Neuberger Berman China Equity ETF | 32.09% | 18.92M | Oct 2023 | MCHS vs NBCE | |
| ProShares UltraShort FTSE China 50 | 30.56% | 6.86M | Nov 2007 | MCHS vs FXP |
Lowest Volatility Alternatives to MCHS
MCHS has 25.11% 1-year volatility. There are 20 ETFs in the China Equities category with lower 1-year volatility, going as low as 13.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares China Alpha Index ETF | 13.50% | 11.51M | Aug 2024 | MCHS vs KCAI | |
| Xtrackers Harvest CSI 300 China A-Shares ETF | 17.88% | 1.70B | Nov 2013 | MCHS vs ASHR | |
| JPMorgan Active China ETF | 18.09% | 14.72M | Mar 2023 | MCHS vs JCHI | |
| iShares MSCI China A ETF | 18.32% | 242.69M | Jun 2016 | MCHS vs CNYA | |
| KraneShares Bosera MSCI China A Share ETF | 19.00% | 156.13M | Mar 2014 | MCHS vs KBA |
Lowest Drawdown Alternatives to MCHS
MCHS has a 1-year max drawdown of -12.15%. There are 5 ETFs in the China Equities category with shallower 1-year drawdowns, going as shallow as -4.23%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares China Alpha Index ETF | -4.23% | 11.51M | Aug 2024 | MCHS vs KCAI | |
| iShares MSCI China A ETF | -7.59% | 242.69M | Jun 2016 | MCHS vs CNYA | |
| KraneShares Bosera MSCI China A Share ETF | -7.65% | 156.13M | Mar 2014 | MCHS vs KBA | |
| Xtrackers Harvest CSI 300 China A-Shares ETF | -7.69% | 1.70B | Nov 2013 | MCHS vs ASHR | |
| Neuberger Berman China Equity ETF | -9.23% | 18.92M | Oct 2023 | MCHS vs NBCE |
Other ETFs from Matthews
The 10 most viewed Matthews ETFs shown here include MKOR, ASIA, MEMX and span 4 categories. AUM among these funds goes as high as $180M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Matthews Korea Active ETF | Asia Pacific Equities | 91 | 83.03% | 159.67M | Oct 2010 | MCHS vs MKOR | |
| Matthews Pacific Tiger Active ETF | Asia Pacific Equities | 76 | 29.48% | 56.52M | Sep 2023 | MCHS vs ASIA | |
| Matthews Emerging Markets Ex China Active ETF | Emerging Markets Diversified | 83 | 29.86% | 50.85M | Jan 2023 | MCHS vs MEMX | |
| Matthews China Active ETF | China Equities | 33 | 3.54% | 23.70M | Jul 2022 | MCHS vs MCH | |
| Matthews Emerging Markets Sustainable Future Activ... | Emerging Markets Diversified | 71 | 45.49% | 48.02M | Sep 2023 | MCHS vs EMSF | |
| Matthews India Active ETF | Asia Pacific Equities | 9 | -4.05% | 13.68M | Sep 2023 | MCHS vs INDE | |
| Matthews Asia Innovators Active ETF | Asia Pacific Equities | 90 | 55.42% | 179.94M | Jul 2022 | MCHS vs MINV | |
| Matthews Asia Dividend Active ETF | Asia Pacific Equities | 60 | 15.66% | 9.36M | Sep 2023 | MCHS vs ADVE | |
| Matthews Japan Active ETF | Japan Equities | 49 | 17.24% | 8.44M | Sep 2023 | MCHS vs JPAN | |
| Matthews Emerging Markets Equity Active ETF | Emerging Markets Diversified | 65 | 24.68% | 57.65M | Jul 2022 | MCHS vs MEM |
Often Compared With MCHS
Investors most often compare MCHS with MCHI, FXI, FCA. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare MCHS with Any Fund or Stock
Compare MCHS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MCHS with funds that move differently
Matthews China Discovery Active ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MCHS.
Explore MCHS Diversifiers