MCH vs. CQQQ
Compare and contrast key facts about Matthews China Active ETF (MCH) and Invesco China Technology ETF (CQQQ).
MCH and CQQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MCH is an actively managed fund by Matthews Asia. It was launched on Jul 13, 2022. CQQQ is a passively managed fund by Invesco that tracks the performance of the AlphaShares China Technology Index. It was launched on Dec 8, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MCH or CQQQ.
Correlation
The correlation between MCH and CQQQ is 0.91, 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.
Performance
MCH vs. CQQQ - Performance Comparison
Key characteristics
MCH:
1.07
CQQQ:
1.42
MCH:
1.75
CQQQ:
2.18
MCH:
1.24
CQQQ:
1.27
MCH:
1.01
CQQQ:
0.77
MCH:
2.41
CQQQ:
4.10
MCH:
15.32%
CQQQ:
13.47%
MCH:
34.49%
CQQQ:
38.83%
MCH:
-40.53%
CQQQ:
-73.99%
MCH:
-14.96%
CQQQ:
-55.17%
Returns By Period
In the year-to-date period, MCH achieves a 11.68% return, which is significantly lower than CQQQ's 21.97% return.
MCH
11.68%
11.82%
32.92%
35.35%
N/A
N/A
CQQQ
21.97%
20.74%
50.36%
55.06%
-3.28%
3.62%
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MCH vs. CQQQ - Expense Ratio Comparison
MCH has a 0.79% expense ratio, which is higher than CQQQ's 0.70% expense ratio.
Risk-Adjusted Performance
MCH vs. CQQQ — Risk-Adjusted Performance Rank
MCH
CQQQ
MCH vs. CQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Matthews China Active ETF (MCH) and Invesco China Technology ETF (CQQQ). 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.
Dividends
MCH vs. CQQQ - Dividend Comparison
MCH's dividend yield for the trailing twelve months is around 1.18%, more than CQQQ's 0.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCH Matthews China Active ETF | 1.18% | 1.32% | 1.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CQQQ Invesco China Technology ETF | 0.23% | 0.28% | 0.55% | 0.08% | 0.00% | 0.47% | 0.01% | 0.43% | 1.42% | 1.69% | 1.77% | 1.00% |
Drawdowns
MCH vs. CQQQ - Drawdown Comparison
The maximum MCH drawdown since its inception was -40.53%, smaller than the maximum CQQQ drawdown of -73.99%. Use the drawdown chart below to compare losses from any high point for MCH and CQQQ. For additional features, visit the drawdowns tool.
Volatility
MCH vs. CQQQ - Volatility Comparison
The current volatility for Matthews China Active ETF (MCH) is 6.54%, while Invesco China Technology ETF (CQQQ) has a volatility of 7.65%. This indicates that MCH experiences smaller price fluctuations and is considered to be less risky than CQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.