MCHI vs. ISVBF
MCHI (iShares MSCI China ETF) and ISVBF (iShares MSCI China A UCITS ETF) are both China Equities funds from iShares - MCHI tracks the MSCI China Index while ISVBF tracks the MSCI China A Inclusion Index. Both are passively managed. Over the past 5 years, MCHI returned -2.78%/yr vs -2.48%/yr for ISVBF. Their 0.36 correlation means their historical movements had little consistent relationship. MCHI charges 0.59%/yr vs 0.40%/yr for ISVBF.
Performance
MCHI vs. ISVBF - Performance Comparison
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Returns By Period
In the year-to-date period, MCHI achieves a -6.01% return, which is significantly higher than ISVBF's -6.75% return.
MCHI
- 1D
- 0.34%
- 1M
- 10.17%
- 6M
- -7.55%
- YTD
- -6.01%
- 1Y
- -0.55%
- 3Y*
- 8.08%
- 5Y*
- -2.78%
- 10Y*
- 4.06%
- ALL TIME*
- 2.52%
ISVBF
- 1D
- -0.66%
- 1M
- 9.06%
- 6M
- -8.63%
- YTD
- -6.75%
- 1Y
- -0.99%
- 3Y*
- 8.45%
- 5Y*
- -2.48%
- 10Y*
- —
- ALL TIME*
- -4.43%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $147.49K | $255.95K | $315.23K | |
| $131.82M | $143.06M | $173.02M |
MCHI vs. ISVBF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MCHI iShares MSCI China ETF | -6.01% | 31.04% | 17.73% | -11.94% | -23.01% | -21.57% |
ISVBF iShares MSCI China A UCITS ETF | -6.75% | 30.64% | 18.96% | -9.28% | -23.01% | -22.12% |
Correlation
The correlation between MCHI and ISVBF is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.69 |
Correlation (3Y) Balances recent behavior with more history. | 0.54 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.37 |
Correlation (All Time) Calculated using the full available price history since May 5, 2021 | 0.36 |
Over the past year, MCHI and ISVBF have become more correlated (0.69) than their long-term average of 0.36, meaning their price movements have been converging.
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Return for Risk
MCHI vs. ISVBF — Risk / Return Rank
MCHI
ISVBF
MCHI vs. ISVBF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China ETF (MCHI) and iShares MSCI China A UCITS ETF (ISVBF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MCHI | ISVBF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.02 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | -0.04 | +0.02 |
| Martin ratioReturn relative to average drawdown | -0.05 | -0.09 | +0.04 |
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Drawdowns
MCHI vs. ISVBF - Drawdown Comparison
The maximum MCHI drawdown since its inception was -62.95%, which is greater than ISVBF's maximum drawdown of -53.78%. Use the drawdown chart below to compare losses from any high point for MCHI and ISVBF.
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Drawdown Indicators
| MCHI | ISVBF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.95% | -53.78% | -9.17% |
Max Drawdown (1Y)Largest decline over 1 year | -23.22% | -24.14% | +0.92% |
Max Drawdown (3Y)Largest decline over 3 years | -25.35% | -24.14% | -1.21% |
Max Drawdown (5Y)Largest decline over 5 years | -51.41% | -46.06% | -5.35% |
Max Drawdown (10Y)Largest decline over 10 years | -62.95% | — | — |
Current DrawdownCurrent decline from peak | -35.91% | -24.42% | -11.49% |
Average DrawdownAverage peak-to-trough decline | -24.68% | -32.57% | +7.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.34% | 11.23% | +0.11% |
Volatility
MCHI vs. ISVBF - Volatility Comparison
The current volatility for iShares MSCI China ETF (MCHI) is 5.01%, while iShares MSCI China A UCITS ETF (ISVBF) has a volatility of 6.46%. This indicates that MCHI experiences smaller price fluctuations and is considered to be less risky than ISVBF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MCHI | ISVBF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.01% | 6.46% | -1.45% |
Volatility (6M)Calculated over the trailing 6-month period | 14.41% | 26.45% | -12.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.55% | 31.60% | -11.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.40% | 30.08% | +0.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.35% | 30.06% | -2.71% |
MCHI vs. ISVBF - Expense Ratio Comparison
MCHI has a 0.59% expense ratio, which is higher than ISVBF's 0.40% expense ratio.
Dividends
MCHI vs. ISVBF - Dividend Comparison
MCHI's dividend yield for the trailing twelve months is around 1.95%, while ISVBF has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISVBF iShares MSCI China A UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MCHI iShares MSCI China ETF | 1.95% | 2.12% | 2.31% | 2.66% | 1.78% | 1.04% | 1.04% | 1.45% | 1.60% | 1.56% | 1.66% | 2.76% |
Frequently Asked Questions
MCHI and ISVBF have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ISVBF has higher volatility (6.46%) compared to MCHI (5.01%). In terms of maximum drawdown, MCHI dropped -62.95% vs ISVBF's -53.78%.
On 5-year performance, ISVBF leads with -2.48% vs -2.78% for MCHI. On fees, ISVBF is cheaper at 0.40% per year. On volatility, MCHI has been the lower-risk option at 5.01%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, ISVBF has performed better with a -2.48% return vs -2.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ISVBF is cheaper with a 0.40% expense ratio, compared with 0.59% for MCHI.
MCHI has the higher dividend yield at 1.95%, compared with 0.00% for ISVBF.
MCHI tracks MSCI China Index, while ISVBF tracks MSCI China A Inclusion Index. Their fees differ too: 0.59% for MCHI and 0.40% for ISVBF.
MCHI currently has the higher Sharpe Ratio (-0.03 vs -0.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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