CAS vs. MCHI
CAS (Simplify China A Shares PLUS Income ETF) and MCHI (iShares MSCI China ETF) are both China Equities funds. CAS is actively managed, while MCHI is passively managed. Their 0.42 correlation means their historical movements had little consistent relationship. CAS charges 0.88%/yr vs 0.59%/yr for MCHI.
Performance
CAS vs. MCHI - Performance Comparison
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Returns By Period
CAS
- 1D
- 1.08%
- 1M
- -11.07%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
MCHI
- 1D
- 0.54%
- 1M
- 9.61%
- 6M
- -9.98%
- YTD
- -6.49%
- 1Y
- 0.60%
- 3Y*
- 7.33%
- 5Y*
- -2.80%
- 10Y*
- 4.22%
- ALL TIME*
- 2.49%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $38.47K | $52.48K | $79.55K | |
| $148.99M | $159.51M | $173.67M |
CAS vs. MCHI - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
CAS Simplify China A Shares PLUS Income ETF | -11.11% |
MCHI iShares MSCI China ETF | 1.28% |
Correlation
The correlation between CAS and MCHI is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 28, 2026 | 0.42 |
CAS vs. MCHI - Sectors Allocation Comparison
Sectors
CAS
MCHI
Financial Services
Basic Materials
-
Communication Services
-
Consumer Cyclical
-
Consumer Defensive
-
Energy
-
Healthcare
-
Industrials
-
Real Estate
-
Technology
-
Utilities
-
Financial Services
CAS
MCHI
Basic Materials
CAS
-
MCHI
Communication Services
CAS
-
MCHI
Consumer Cyclical
CAS
-
MCHI
Consumer Defensive
CAS
-
MCHI
Energy
CAS
-
MCHI
Healthcare
CAS
-
MCHI
Industrials
CAS
-
MCHI
Real Estate
CAS
-
MCHI
Technology
CAS
-
MCHI
Utilities
CAS
-
MCHI
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Return for Risk
CAS vs. MCHI — Risk / Return Rank
CAS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MCHI
CAS vs. MCHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify China A Shares PLUS Income ETF (CAS) and iShares MSCI China ETF (MCHI). 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.
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.
| CAS | MCHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.01 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.04 | — |
| Martin ratioReturn relative to average drawdown | — | -0.09 | — |
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Drawdowns
CAS vs. MCHI - Drawdown Comparison
The maximum CAS drawdown since its inception was -15.89%, smaller than the maximum MCHI drawdown of -62.95%. Use the drawdown chart below to compare losses from any high point for CAS and MCHI.
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Drawdown Indicators
| CAS | MCHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.89% | -62.95% | +47.06% |
Max Drawdown (1Y)Largest decline over 1 year | — | -23.22% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.35% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -51.41% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.95% | — |
Current DrawdownCurrent decline from peak | -14.28% | -36.24% | +21.96% |
Average DrawdownAverage peak-to-trough decline | -6.19% | -24.67% | +18.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 11.26% | — |
Volatility
CAS vs. MCHI - Volatility Comparison
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Volatility by Period
| CAS | MCHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.57% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.73% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 33.97% | 20.62% | +13.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.97% | 30.41% | +3.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.97% | 27.35% | +6.62% |
CAS vs. MCHI - Expense Ratio Comparison
CAS has a 0.88% expense ratio, which is higher than MCHI's 0.59% expense ratio.
Dividends
CAS vs. MCHI - Dividend Comparison
CAS's dividend yield for the trailing twelve months is around 2.46%, more than MCHI's 1.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAS Simplify China A Shares PLUS Income ETF | 2.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MCHI iShares MSCI China ETF | 1.96% | 2.12% | 2.31% | 2.66% | 1.78% | 1.04% | 1.04% | 1.45% | 1.60% | 1.56% | 1.66% | 2.76% |
Frequently Asked Questions
CAS and MCHI have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MCHI is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MCHI is cheaper with a 0.59% expense ratio, compared with 0.88% for CAS.
CAS has the higher dividend yield at 2.46%, compared with 1.96% for MCHI.
They also come from different issuers: Simplify and iShares. Their fees differ too: 0.88% for CAS and 0.59% for MCHI.
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