FHKIX vs. MCHFX
Compare and contrast key facts about Fidelity Advisor China Region Fund Class I (FHKIX) and Matthews China Fund (MCHFX).
FHKIX is managed by Fidelity. It was launched on May 9, 2008. MCHFX is managed by Matthews. It was launched on Feb 18, 1998.
Performance
FHKIX vs. MCHFX - Performance Comparison
Loading graphics...
FHKIX vs. MCHFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FHKIX Fidelity Advisor China Region Fund Class I | 8.35% | 42.60% | 23.15% | -0.28% | -23.85% | -13.71% | 47.80% | 35.11% | -17.43% | 51.93% |
MCHFX Matthews China Fund | -7.84% | 29.82% | 17.84% | -19.21% | -24.38% | -19.41% | 43.07% | 34.57% | -21.17% | 59.08% |
Returns By Period
In the year-to-date period, FHKIX achieves a 8.35% return, which is significantly higher than MCHFX's -7.84% return. Over the past 10 years, FHKIX has outperformed MCHFX with an annualized return of 12.46%, while MCHFX has yielded a comparatively lower 5.96% annualized return.
FHKIX
- 1D
- 2.70%
- 1M
- -6.14%
- YTD
- 8.35%
- 6M
- 7.83%
- 1Y
- 46.42%
- 3Y*
- 20.95%
- 5Y*
- 2.95%
- 10Y*
- 12.46%
MCHFX
- 1D
- 1.80%
- 1M
- -7.63%
- YTD
- -7.84%
- 6M
- -13.46%
- 1Y
- 8.06%
- 3Y*
- 4.29%
- 5Y*
- -7.85%
- 10Y*
- 5.96%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FHKIX vs. MCHFX - Expense Ratio Comparison
FHKIX has a 0.93% expense ratio, which is lower than MCHFX's 1.12% expense ratio.
Return for Risk
FHKIX vs. MCHFX — Risk / Return Rank
FHKIX
MCHFX
FHKIX vs. MCHFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor China Region Fund Class I (FHKIX) and Matthews China Fund (MCHFX). 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.
| FHKIX | MCHFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.06 | 0.39 | +1.67 |
Sortino ratioReturn per unit of downside risk | 2.62 | 0.67 | +1.95 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.09 | +0.29 |
Calmar ratioReturn relative to maximum drawdown | 2.94 | 0.09 | +2.85 |
Martin ratioReturn relative to average drawdown | 11.29 | 0.28 | +11.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FHKIX | MCHFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.06 | 0.39 | +1.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.12 | -0.27 | +0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.23 | +0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.30 | +0.03 |
Correlation
The correlation between FHKIX and MCHFX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FHKIX vs. MCHFX - Dividend Comparison
FHKIX's dividend yield for the trailing twelve months is around 1.70%, more than MCHFX's 1.47% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHKIX Fidelity Advisor China Region Fund Class I | 1.70% | 1.84% | 1.44% | 1.89% | 1.04% | 10.81% | 4.90% | 0.65% | 0.79% | 0.44% | 1.40% | 15.62% |
MCHFX Matthews China Fund | 1.47% | 1.36% | 1.91% | 0.78% | 7.53% | 6.54% | 1.25% | 1.12% | 22.28% | 10.31% | 13.66% | 19.24% |
Drawdowns
FHKIX vs. MCHFX - Drawdown Comparison
The maximum FHKIX drawdown since its inception was -58.42%, smaller than the maximum MCHFX drawdown of -67.02%. Use the drawdown chart below to compare losses from any high point for FHKIX and MCHFX.
Loading graphics...
Drawdown Indicators
| FHKIX | MCHFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.42% | -67.02% | +8.60% |
Max Drawdown (1Y)Largest decline over 1 year | -15.90% | -16.32% | +0.42% |
Max Drawdown (5Y)Largest decline over 5 years | -53.83% | -60.35% | +6.52% |
Max Drawdown (10Y)Largest decline over 10 years | -58.42% | -64.75% | +6.33% |
Current DrawdownCurrent decline from peak | -8.39% | -43.16% | +34.77% |
Average DrawdownAverage peak-to-trough decline | -18.84% | -22.00% | +3.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.15% | 6.15% | -2.00% |
Volatility
FHKIX vs. MCHFX - Volatility Comparison
Fidelity Advisor China Region Fund Class I (FHKIX) has a higher volatility of 9.78% compared to Matthews China Fund (MCHFX) at 7.37%. This indicates that FHKIX's price experiences larger fluctuations and is considered to be riskier than MCHFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FHKIX | MCHFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.78% | 7.37% | +2.41% |
Volatility (6M)Calculated over the trailing 6-month period | 16.55% | 13.67% | +2.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.25% | 22.35% | +0.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.98% | 29.85% | -5.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.10% | 26.53% | -4.43% |