MCHFX vs. GOPIX

Last updated Apr 1, 2026

Compare and contrast key facts about Matthews China Fund (MCHFX) and abrdn China A Share Equity Fund (GOPIX).

MCHFX is managed by Matthews. It was launched on Feb 18, 1998. GOPIX is managed by Aberdeen. It was launched on Jun 28, 2004.

Performance

MCHFX vs. GOPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Matthews China Fund (MCHFX) and abrdn China A Share Equity Fund (GOPIX). The values are adjusted to include any dividend payments, if applicable.

MCHFX vs. GOPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MCHFX Matthews China Fund	-9.47%	29.82%	17.84%	-19.21%	-24.38%	-19.41%	43.07%	34.57%	-21.17%	59.08%
GOPIX abrdn China A Share Equity Fund	0.00%	25.89%	5.70%	-24.96%	-22.46%	-3.67%	56.93%	31.74%	-11.87%	35.06%

Returns By Period

MCHFX

• 1D: -0.45%
• 1M: -10.05%
• YTD: -9.47%
• 6M: -14.25%
• 1Y: 6.51%
• 3Y*: 3.67%
• 5Y*: -7.84%
• 10Y*: 5.77%

GOPIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MCHFX vs. GOPIX - Expense Ratio Comparison

MCHFX has a 1.12% expense ratio, which is higher than GOPIX's 0.99% expense ratio.

MCHFX

Matthews China Fund

GOPIX

abrdn China A Share Equity Fund

Return for Risk

MCHFX vs. GOPIX — Risk / Return Rank

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

MCHFX

MCHFX Risk / Return Rank: 9
MCHFX Sharpe Ratio Rank: 11
MCHFX Sortino Ratio Rank: 12
MCHFX Omega Ratio Rank: 11
MCHFX Calmar Ratio Rank: 6
MCHFX Martin Ratio Rank: 6

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MCHFX vs. GOPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Matthews China Fund (MCHFX) and abrdn China A Share Equity Fund (GOPIX). 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.

	MCHFX	GOPIX	Difference
Sharpe ratio Return per unit of total volatility	0.28	—	—
Sortino ratio Return per unit of downside risk	0.53	—	—
Omega ratio Gain probability vs. loss probability	1.07	—	—
Calmar ratio Return relative to maximum drawdown	-0.02	—	—
Martin ratio Return relative to average drawdown	-0.06	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MCHFX	GOPIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.27	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	—	—

Correlation

The correlation between MCHFX and GOPIX is 0.80, 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

MCHFX vs. GOPIX - Dividend Comparison

MCHFX's dividend yield for the trailing twelve months is around 1.50%, more than GOPIX's 1.46% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MCHFX Matthews China Fund	1.50%	1.36%	1.91%	0.78%	7.53%	6.54%	1.25%	1.12%	22.28%	10.31%	13.66%	19.24%
GOPIX abrdn China A Share Equity Fund	1.46%	1.46%	1.29%	0.79%	0.00%	5.22%	1.42%	4.45%	0.41%	1.24%	1.40%	2.03%

Drawdowns

Drawdown Indicators

	MCHFX	GOPIX	Difference
Max Drawdown Largest peak-to-trough decline	-67.02%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-16.32%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-60.35%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-64.75%	—	—
Current Drawdown Current decline from peak	-44.17%	—	—
Average Drawdown Average peak-to-trough decline	-22.00%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	7.02%	—	—

Volatility

Volatility by Period

	MCHFX	GOPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.58%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.32%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.83%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.53%	—	—