MCHI vs. LLY
MCHI (iShares MSCI China ETF) is China Equities fund tracking the MSCI China Index, while LLY (Eli Lilly and Company) is a stock. Over the past 10 years, MCHI returned 4.76%/yr vs 33.45%/yr for LLY. At a 0.20 correlation, their price movements are largely independent.
Performance
MCHI vs. LLY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MCHI achieves a -8.72% return, which is significantly lower than LLY's 5.78% return. Over the past 10 years, MCHI has underperformed LLY with an annualized return of 4.76%, while LLY has yielded a comparatively higher 33.45% annualized return.
MCHI
- 1D
- 0.90%
- 1M
- -5.63%
- YTD
- -8.72%
- 6M
- -9.79%
- 1Y
- 2.33%
- 3Y*
- 8.42%
- 5Y*
- -5.82%
- 10Y*
- 4.76%
LLY
- 1D
- -2.41%
- 1M
- 12.74%
- YTD
- 5.78%
- 6M
- 10.64%
- 1Y
- 39.26%
- 3Y*
- 37.45%
- 5Y*
- 39.59%
- 10Y*
- 33.45%
MCHI vs. LLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MCHI iShares MSCI China ETF | -8.72% | 31.04% | 17.73% | -11.94% | -23.01% | -21.74% | 27.78% | 23.72% | -19.79% | 54.67% |
LLY Eli Lilly and Company | 5.78% | 40.25% | 33.30% | 60.91% | 34.26% | 66.08% | 31.04% | 16.14% | 40.45% | 17.83% |
Correlation
The correlation between MCHI and LLY is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2011 | 0.20 |
The correlation between MCHI and LLY shifts across timeframes, from 0.06 (3 years) to 0.20 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MCHI vs. LLY — Risk / Return Rank
MCHI
LLY
MCHI vs. LLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China ETF (MCHI) and Eli Lilly and Company (LLY). 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 | LLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.22 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.03 | 1.72 | -1.70 |
| Martin ratioReturn relative to average drawdown | 0.05 | 4.28 | -4.23 |
Loading charts...
Drawdowns
MCHI vs. LLY - Drawdown Comparison
The maximum MCHI drawdown since its inception was -62.95%, smaller than the maximum LLY drawdown of -68.24%. Use the drawdown chart below to compare losses from any high point for MCHI and LLY.
Loading charts...
Drawdown Indicators
| MCHI | LLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.95% | -68.24% | +5.29% |
Max Drawdown (1Y)Largest decline over 1 year | -18.51% | -23.64% | +5.13% |
Max Drawdown (3Y)Largest decline over 3 years | -25.85% | -34.48% | +8.63% |
Max Drawdown (5Y)Largest decline over 5 years | -56.98% | -34.48% | -22.50% |
Max Drawdown (10Y)Largest decline over 10 years | -62.95% | -34.48% | -28.47% |
Current DrawdownCurrent decline from peak | -37.76% | -2.41% | -35.35% |
Average DrawdownAverage peak-to-trough decline | -24.54% | -19.21% | -5.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.81% | 9.49% | -0.68% |
Volatility
MCHI vs. LLY - Volatility Comparison
The current volatility for iShares MSCI China ETF (MCHI) is 6.46%, while Eli Lilly and Company (LLY) has a volatility of 9.27%. This indicates that MCHI experiences smaller price fluctuations and is considered to be less risky than LLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MCHI | LLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.46% | 9.27% | -2.81% |
Volatility (6M)Calculated over the trailing 6-month period | 14.62% | 27.16% | -12.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.23% | 38.01% | -17.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.72% | 32.46% | -1.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.38% | 30.19% | -2.81% |
Dividends
MCHI vs. LLY - Dividend Comparison
MCHI's dividend yield for the trailing twelve months is around 2.32%, more than LLY's 0.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LLY Eli Lilly and Company | 0.57% | 0.56% | 0.67% | 0.78% | 1.07% | 1.23% | 1.75% | 1.96% | 1.94% | 2.46% | 2.77% | 2.37% |
MCHI iShares MSCI China ETF | 2.32% | 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 LLY have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LLY has higher volatility (9.27%) compared to MCHI (6.46%). In terms of maximum drawdown, MCHI dropped -62.95% vs LLY's -68.24%.
LLY currently has the higher Sharpe Ratio (1.07 vs 0.02), 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.
Find the right allocation for MCHI and LLY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer