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iShares MSCI China Multisector Tech ETF (TCHI)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US46436E4290
Issuer
iShares
Inception Date
Jan 25, 2022
Region
Emerging Asia Pacific (China)
Leveraged
1x (No leverage)
Index Tracked
MSCI China Technology Sub-Industries Select Capped Index - Benchmark TR Net
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in iShares MSCI China Multisector Tech ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

iShares MSCI China Multisector Tech ETF (TCHI) has returned -8.02% so far this year and 10.25% over the past 12 months.


iShares MSCI China Multisector Tech ETF

1D
1.51%
1M
-7.74%
YTD
-8.02%
6M
-17.35%
1Y
10.25%
3Y*
5.98%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 1, 2022, TCHI's average daily return is +0.02%, while the average monthly return is +0.32%. At this rate, your investment would double in approximately 18.1 years.

Historically, 46% of months were positive and 54% were negative. The best month was Nov 2022 with a return of +26.8%, while the worst month was Sep 2022 at -17.6%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 4 months.

On a daily basis, TCHI closed higher 48% of trading days. The best single day was Mar 16, 2022 with a return of +22.4%, while the worst single day was Apr 7, 2025 at -9.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20265.32%-5.34%-7.74%-8.02%
20253.91%8.97%-1.91%-8.04%-0.54%9.37%4.92%14.06%11.44%-4.54%-6.13%0.29%33.13%
2024-16.42%11.20%3.58%1.79%3.01%-5.28%-2.32%-3.36%25.54%-1.78%-2.13%0.15%9.09%
202313.43%-10.47%4.31%-6.64%-9.06%5.92%10.75%-8.59%-4.55%-3.77%6.66%-0.10%-5.61%
2022-6.08%-13.51%-6.79%6.39%9.38%-9.10%-0.45%-17.61%-11.45%26.84%2.57%-24.32%

Benchmark Metrics

iShares MSCI China Multisector Tech ETF has an annualized alpha of -3.22%, beta of 0.80, and R² of 0.16 versus S&P 500 Index. Calculated based on daily prices since February 02, 2022.

  • This ETF participated in 88.53% of S&P 500 Index downside but only 48.49% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.16 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-3.22%
Beta
0.80
0.16
Upside Capture
48.49%
Downside Capture
88.53%

Expense Ratio

TCHI has an expense ratio of 0.59%, placing it in the medium range.


Return for Risk

Risk / Return Rank

TCHI ranks 22 for risk / return — below 22% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


TCHI Risk / Return Rank: 2222
Overall Rank
TCHI Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
TCHI Sortino Ratio Rank: 2323
Sortino Ratio Rank
TCHI Omega Ratio Rank: 2222
Omega Ratio Rank
TCHI Calmar Ratio Rank: 2222
Calmar Ratio Rank
TCHI Martin Ratio Rank: 1919
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for iShares MSCI China Multisector Tech ETF (TCHI) and compare them to a chosen benchmark (S&P 500 Index).


TCHIBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.36

0.90

-0.54

Sortino ratio

Return per unit of downside risk

0.67

1.39

-0.71

Omega ratio

Gain probability vs. loss probability

1.09

1.21

-0.12

Calmar ratio

Return relative to maximum drawdown

0.47

1.40

-0.93

Martin ratio

Return relative to average drawdown

1.10

6.61

-5.51

Explore TCHI risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

iShares MSCI China Multisector Tech ETF provided a 2.65% dividend yield over the last twelve months, with an annual payout of $0.57 per share.


1.00%1.50%2.00%2.50%3.00%3.50%4.00%4.50%$0.00$0.20$0.40$0.60$0.802022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022
Dividend$0.57$0.57$0.45$0.73$0.20

Dividend yield

2.65%2.44%2.49%4.28%1.07%

Monthly Dividends

The table displays the monthly dividend distributions for iShares MSCI China Multisector Tech ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.11$0.00$0.00$0.00$0.00$0.00$0.46$0.57
2024$0.00$0.00$0.00$0.00$0.00$0.07$0.00$0.00$0.00$0.00$0.00$0.38$0.45
2023$0.00$0.00$0.00$0.00$0.00$0.06$0.00$0.00$0.00$0.00$0.00$0.66$0.73
2022$0.05$0.00$0.00$0.00$0.00$0.00$0.15$0.20

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the iShares MSCI China Multisector Tech 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 Multisector Tech ETF was 43.96%, occurring on Oct 24, 2022. Recovery took 710 trading sessions.

The current iShares MSCI China Multisector Tech ETF drawdown is 19.52%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-43.96%Feb 10, 2022177Oct 24, 2022710Aug 25, 2025887
-20.73%Oct 3, 2025121Mar 27, 2026
-4.33%Sep 2, 20253Sep 4, 20254Sep 10, 20257
-3.32%Feb 2, 20224Feb 7, 20222Feb 9, 20226
-2.31%Sep 26, 20251Sep 26, 20252Sep 30, 20253

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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