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. At a 0.22 correlation, their price movements are largely independent. CAS charges 0.88%/yr vs 0.59%/yr for MCHI.
Performance
CAS vs. MCHI - Performance Comparison
Loading charts...
Returns By Period
CAS
- 1D
- -1.70%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MCHI
- 1D
- 0.17%
- 1M
- -4.19%
- YTD
- -11.42%
- 6M
- -12.61%
- 1Y
- 0.67%
- 3Y*
- 8.89%
- 5Y*
- -6.21%
- 10Y*
- 4.51%
CAS vs. MCHI - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
CAS Simplify China A Shares PLUS Income ETF | -5.11% |
MCHI iShares MSCI China ETF | -4.95% |
Correlation
The correlation between CAS and MCHI is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 4, 2026 | 0.22 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 | — | 1.02 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.03 | — |
| Martin ratioReturn relative to average drawdown | — | 0.07 | — |
Loading charts...
Drawdowns
CAS vs. MCHI - Drawdown Comparison
The maximum CAS drawdown since its inception was -5.11%, 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.
Loading charts...
Drawdown Indicators
| CAS | MCHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.11% | -62.95% | +57.84% |
Max Drawdown (1Y)Largest decline over 1 year | — | -19.74% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.85% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -56.98% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.95% | — |
Current DrawdownCurrent decline from peak | -5.11% | -39.60% | +34.49% |
Average DrawdownAverage peak-to-trough decline | -3.16% | -24.56% | +21.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 9.18% | — |
Volatility
CAS vs. MCHI - Volatility Comparison
Loading charts...
Volatility by Period
| CAS | MCHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.96% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.81% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.51% | 20.25% | -6.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.51% | 30.74% | -17.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.51% | 27.39% | -13.88% |
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 has not paid dividends to shareholders, while MCHI's dividend yield for the trailing twelve months is around 2.07%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAS Simplify China A Shares PLUS Income ETF | 0.00% | 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 | 2.07% | 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 0.22, 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.
MCHI has the higher dividend yield at 2.07%, compared with 0.00% for CAS.
They also come from different issuers: Simplify and iShares. Their fees differ too: 0.88% for CAS and 0.59% for MCHI.
Find the right allocation for CAS and MCHI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer