MCHS vs. MCH
Compare and contrast key facts about Matthews China Discovery Active ETF (MCHS) and Matthews China Active ETF (MCH).
MCHS and MCH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MCHS is an actively managed fund by Matthews. It was launched on Jan 10, 2024. MCH is an actively managed fund by Matthews Asia. It was launched on Jul 13, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MCHS or MCH.
Correlation
The correlation between MCHS and MCH is 0.83, 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
MCHS vs. MCH - Performance Comparison
Key characteristics
MCHS:
0.68
MCH:
1.07
MCHS:
1.16
MCH:
1.75
MCHS:
1.16
MCH:
1.24
MCHS:
0.96
MCH:
1.01
MCHS:
1.58
MCH:
2.41
MCHS:
12.84%
MCH:
15.32%
MCHS:
29.96%
MCH:
34.49%
MCHS:
-21.17%
MCH:
-40.53%
MCHS:
-10.47%
MCH:
-14.96%
Returns By Period
In the year-to-date period, MCHS achieves a 9.21% return, which is significantly lower than MCH's 11.68% return.
MCHS
9.21%
7.10%
26.56%
20.24%
N/A
N/A
MCH
11.68%
11.82%
32.92%
35.35%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MCHS vs. MCH - Expense Ratio Comparison
MCHS has a 0.89% expense ratio, which is higher than MCH's 0.79% expense ratio.
Risk-Adjusted Performance
MCHS vs. MCH — Risk-Adjusted Performance Rank
MCHS
MCH
MCHS vs. MCH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Matthews China Discovery Active ETF (MCHS) and Matthews China Active ETF (MCH). 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
MCHS vs. MCH - Dividend Comparison
MCHS's dividend yield for the trailing twelve months is around 5.02%, more than MCH's 1.18% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
MCHS Matthews China Discovery Active ETF | 5.02% | 5.48% | 0.00% |
MCH Matthews China Active ETF | 1.18% | 1.32% | 1.62% |
Drawdowns
MCHS vs. MCH - Drawdown Comparison
The maximum MCHS drawdown since its inception was -21.17%, smaller than the maximum MCH drawdown of -40.53%. Use the drawdown chart below to compare losses from any high point for MCHS and MCH. For additional features, visit the drawdowns tool.
Volatility
MCHS vs. MCH - Volatility Comparison
The current volatility for Matthews China Discovery Active ETF (MCHS) is 5.74%, while Matthews China Active ETF (MCH) has a volatility of 6.54%. This indicates that MCHS experiences smaller price fluctuations and is considered to be less risky than MCH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.