MCH vs. MCHS
Compare and contrast key facts about Matthews China Active ETF (MCH) and Matthews China Discovery Active ETF (MCHS).
MCH and MCHS 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. MCHS is an actively managed fund by Matthews. It was launched on Jan 10, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MCH or MCHS.
Correlation
The correlation between MCH and MCHS is 0.84, 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. MCHS - Performance Comparison
Key characteristics
MCH:
1.19
MCHS:
0.81
MCH:
1.89
MCHS:
1.33
MCH:
1.26
MCHS:
1.18
MCH:
1.13
MCHS:
1.14
MCH:
2.67
MCHS:
1.88
MCH:
15.35%
MCHS:
12.85%
MCH:
34.45%
MCHS:
30.00%
MCH:
-40.53%
MCHS:
-21.17%
MCH:
-13.51%
MCHS:
-8.70%
Returns By Period
In the year-to-date period, MCH achieves a 13.59% return, which is significantly higher than MCHS's 11.37% return.
MCH
13.59%
14.36%
33.74%
35.94%
N/A
N/A
MCHS
11.37%
8.72%
27.80%
21.18%
N/A
N/A
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MCH vs. MCHS - Expense Ratio Comparison
MCH has a 0.79% expense ratio, which is lower than MCHS's 0.89% expense ratio.
Risk-Adjusted Performance
MCH vs. MCHS — Risk-Adjusted Performance Rank
MCH
MCHS
MCH vs. MCHS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Matthews China Active ETF (MCH) and Matthews China Discovery Active ETF (MCHS). 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. MCHS - Dividend Comparison
MCH's dividend yield for the trailing twelve months is around 1.16%, less than MCHS's 4.92% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
MCH Matthews China Active ETF | 1.16% | 1.32% | 1.62% |
MCHS Matthews China Discovery Active ETF | 4.92% | 5.48% | 0.00% |
Drawdowns
MCH vs. MCHS - Drawdown Comparison
The maximum MCH drawdown since its inception was -40.53%, which is greater than MCHS's maximum drawdown of -21.17%. Use the drawdown chart below to compare losses from any high point for MCH and MCHS. For additional features, visit the drawdowns tool.
Volatility
MCH vs. MCHS - Volatility Comparison
Matthews China Active ETF (MCH) has a higher volatility of 6.53% compared to Matthews China Discovery Active ETF (MCHS) at 5.97%. This indicates that MCH's price experiences larger fluctuations and is considered to be riskier than MCHS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.