MCHFX vs. SMH
Compare and contrast key facts about Matthews China Fund (MCHFX) and VanEck Vectors Semiconductor ETF (SMH).
MCHFX is managed by Matthews Asia Funds. It was launched on Feb 18, 1998. SMH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Semiconductor 25 Index. It was launched on Dec 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MCHFX or SMH.
Correlation
The correlation between MCHFX and SMH is 0.49, 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.
Performance
MCHFX vs. SMH - Performance Comparison
Key characteristics
MCHFX:
0.52
SMH:
0.02
MCHFX:
0.88
SMH:
0.30
MCHFX:
1.11
SMH:
1.04
MCHFX:
0.20
SMH:
0.00
MCHFX:
0.93
SMH:
0.01
MCHFX:
15.86%
SMH:
15.16%
MCHFX:
34.16%
SMH:
42.81%
MCHFX:
-74.87%
SMH:
-83.29%
MCHFX:
-64.01%
SMH:
-20.74%
Returns By Period
In the year-to-date period, MCHFX achieves a 6.25% return, which is significantly higher than SMH's -8.35% return. Over the past 10 years, MCHFX has underperformed SMH with an annualized return of -5.05%, while SMH has yielded a comparatively higher 24.32% annualized return.
MCHFX
6.25%
14.61%
-7.03%
17.71%
-5.26%
-5.05%
SMH
-8.35%
23.34%
-14.59%
0.69%
27.53%
24.32%
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MCHFX vs. SMH - Expense Ratio Comparison
MCHFX has a 1.12% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
MCHFX vs. SMH — Risk-Adjusted Performance Rank
MCHFX
SMH
MCHFX vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Matthews China Fund (MCHFX) and VanEck Vectors Semiconductor ETF (SMH). 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
MCHFX vs. SMH - Dividend Comparison
MCHFX's dividend yield for the trailing twelve months is around 1.80%, more than SMH's 0.48% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCHFX Matthews China Fund | 1.80% | 1.91% | 0.78% | 0.00% | 0.24% | 0.22% | 1.12% | 2.00% | 1.67% | 1.67% | 1.17% | 1.24% |
SMH VanEck Vectors Semiconductor ETF | 0.48% | 0.44% | 0.60% | 1.18% | 0.51% | 0.69% | 1.50% | 1.88% | 1.43% | 0.80% | 2.14% | 1.16% |
Drawdowns
MCHFX vs. SMH - Drawdown Comparison
The maximum MCHFX drawdown since its inception was -74.87%, smaller than the maximum SMH drawdown of -83.29%. Use the drawdown chart below to compare losses from any high point for MCHFX and SMH. For additional features, visit the drawdowns tool.
Volatility
MCHFX vs. SMH - Volatility Comparison
The current volatility for Matthews China Fund (MCHFX) is 7.57%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 19.84%. This indicates that MCHFX experiences smaller price fluctuations and is considered to be less risky than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.