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GXC vs. MCHI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GXC and MCHI is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.6

Performance

GXC vs. MCHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P China ETF (GXC) and iShares MSCI China ETF (MCHI). The values are adjusted to include any dividend payments, if applicable.

10.00%20.00%30.00%40.00%50.00%60.00%NovemberDecember2025FebruaryMarchApril
38.99%
33.01%
GXC
MCHI

Key characteristics

Sharpe Ratio

GXC:

0.81

MCHI:

0.93

Sortino Ratio

GXC:

1.33

MCHI:

1.48

Omega Ratio

GXC:

1.19

MCHI:

1.20

Calmar Ratio

GXC:

0.50

MCHI:

0.58

Martin Ratio

GXC:

1.98

MCHI:

2.42

Ulcer Index

GXC:

13.92%

MCHI:

13.35%

Daily Std Dev

GXC:

34.09%

MCHI:

34.84%

Max Drawdown

GXC:

-72.16%

MCHI:

-62.84%

Current Drawdown

GXC:

-41.47%

MCHI:

-41.67%

Returns By Period

In the year-to-date period, GXC achieves a 8.32% return, which is significantly lower than MCHI's 10.90% return. Over the past 10 years, GXC has outperformed MCHI with an annualized return of 0.22%, while MCHI has yielded a comparatively lower -0.29% annualized return.


GXC

YTD

8.32%

1M

-5.33%

6M

4.82%

1Y

24.79%

5Y*

-0.61%

10Y*

0.22%

MCHI

YTD

10.90%

1M

-5.51%

6M

6.52%

1Y

28.68%

5Y*

-0.79%

10Y*

-0.29%

*Annualized

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GXC vs. MCHI - Expense Ratio Comparison

Both GXC and MCHI have an expense ratio of 0.59%.


Expense ratio chart for GXC: current value is 0.59%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GXC: 0.59%
Expense ratio chart for MCHI: current value is 0.59%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
MCHI: 0.59%

Risk-Adjusted Performance

GXC vs. MCHI — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GXC
The Risk-Adjusted Performance Rank of GXC is 7171
Overall Rank
The Sharpe Ratio Rank of GXC is 7575
Sharpe Ratio Rank
The Sortino Ratio Rank of GXC is 7878
Sortino Ratio Rank
The Omega Ratio Rank of GXC is 7878
Omega Ratio Rank
The Calmar Ratio Rank of GXC is 6464
Calmar Ratio Rank
The Martin Ratio Rank of GXC is 6060
Martin Ratio Rank

MCHI
The Risk-Adjusted Performance Rank of MCHI is 7676
Overall Rank
The Sharpe Ratio Rank of MCHI is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of MCHI is 8181
Sortino Ratio Rank
The Omega Ratio Rank of MCHI is 8181
Omega Ratio Rank
The Calmar Ratio Rank of MCHI is 6969
Calmar Ratio Rank
The Martin Ratio Rank of MCHI is 6767
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GXC vs. MCHI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P China ETF (GXC) 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.


The chart of Sharpe ratio for GXC, currently valued at 0.81, compared to the broader market-1.000.001.002.003.004.00
GXC: 0.81
MCHI: 0.93
The chart of Sortino ratio for GXC, currently valued at 1.33, compared to the broader market-2.000.002.004.006.008.00
GXC: 1.33
MCHI: 1.48
The chart of Omega ratio for GXC, currently valued at 1.19, compared to the broader market0.501.001.502.002.50
GXC: 1.19
MCHI: 1.20
The chart of Calmar ratio for GXC, currently valued at 0.50, compared to the broader market0.002.004.006.008.0010.0012.00
GXC: 0.50
MCHI: 0.58
The chart of Martin ratio for GXC, currently valued at 1.98, compared to the broader market0.0020.0040.0060.00
GXC: 1.98
MCHI: 2.42

The current GXC Sharpe Ratio is 0.81, which is comparable to the MCHI Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of GXC and MCHI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.200.400.600.801.001.201.401.60NovemberDecember2025FebruaryMarchApril
0.81
0.93
GXC
MCHI

Dividends

GXC vs. MCHI - Dividend Comparison

GXC's dividend yield for the trailing twelve months is around 2.59%, more than MCHI's 2.08% yield.


TTM20242023202220212020201920182017201620152014
GXC
SPDR S&P China ETF
2.59%2.80%3.70%2.67%1.35%1.04%1.60%2.03%1.84%2.05%2.85%2.11%
MCHI
iShares MSCI China ETF
2.08%2.31%3.49%2.15%1.04%1.04%1.45%1.60%1.56%1.66%2.76%2.35%

Drawdowns

GXC vs. MCHI - Drawdown Comparison

The maximum GXC drawdown since its inception was -72.16%, which is greater than MCHI's maximum drawdown of -62.84%. Use the drawdown chart below to compare losses from any high point for GXC and MCHI. For additional features, visit the drawdowns tool.


-50.00%-45.00%-40.00%-35.00%NovemberDecember2025FebruaryMarchApril
-41.47%
-41.67%
GXC
MCHI

Volatility

GXC vs. MCHI - Volatility Comparison

SPDR S&P China ETF (GXC) and iShares MSCI China ETF (MCHI) have volatilities of 14.22% and 14.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
14.22%
14.44%
GXC
MCHI