MCHT.L vs. CBUK.DE
Compare and contrast key facts about Invesco MSCI China Technology All Shares Stock Connect UCITS ETF (MCHT.L) and iShares MSCI China Tech UCITS ETF USD Acc (CBUK.DE).
MCHT.L and CBUK.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MCHT.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jun 11, 2021. CBUK.DE is a passively managed fund by iShares that tracks the performance of the MSCI China Technology Sub-Industries ESG Screened Select Capped. It was launched on Dec 8, 2021. Both MCHT.L and CBUK.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MCHT.L or CBUK.DE.
Correlation
The correlation between MCHT.L and CBUK.DE is 0.91, 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
MCHT.L vs. CBUK.DE - Performance Comparison
Key characteristics
MCHT.L:
1.34
CBUK.DE:
1.18
MCHT.L:
2.07
CBUK.DE:
1.93
MCHT.L:
1.25
CBUK.DE:
1.23
MCHT.L:
0.68
CBUK.DE:
1.11
MCHT.L:
3.80
CBUK.DE:
3.28
MCHT.L:
10.90%
CBUK.DE:
11.06%
MCHT.L:
31.41%
CBUK.DE:
31.14%
MCHT.L:
-69.81%
CBUK.DE:
-37.29%
MCHT.L:
-43.91%
CBUK.DE:
-2.38%
Returns By Period
In the year-to-date period, MCHT.L achieves a 6.90% return, which is significantly lower than CBUK.DE's 8.97% return.
MCHT.L
6.90%
9.01%
34.52%
50.08%
N/A
N/A
CBUK.DE
8.97%
9.96%
36.49%
44.48%
N/A
N/A
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MCHT.L vs. CBUK.DE - Expense Ratio Comparison
MCHT.L has a 0.49% expense ratio, which is higher than CBUK.DE's 0.45% expense ratio.
Risk-Adjusted Performance
MCHT.L vs. CBUK.DE — Risk-Adjusted Performance Rank
MCHT.L
CBUK.DE
MCHT.L vs. CBUK.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI China Technology All Shares Stock Connect UCITS ETF (MCHT.L) and iShares MSCI China Tech UCITS ETF USD Acc (CBUK.DE). 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
MCHT.L vs. CBUK.DE - Dividend Comparison
Neither MCHT.L nor CBUK.DE has paid dividends to shareholders.
Drawdowns
MCHT.L vs. CBUK.DE - Drawdown Comparison
The maximum MCHT.L drawdown since its inception was -69.81%, which is greater than CBUK.DE's maximum drawdown of -37.29%. Use the drawdown chart below to compare losses from any high point for MCHT.L and CBUK.DE. For additional features, visit the drawdowns tool.
Volatility
MCHT.L vs. CBUK.DE - Volatility Comparison
Invesco MSCI China Technology All Shares Stock Connect UCITS ETF (MCHT.L) has a higher volatility of 8.39% compared to iShares MSCI China Tech UCITS ETF USD Acc (CBUK.DE) at 7.42%. This indicates that MCHT.L's price experiences larger fluctuations and is considered to be riskier than CBUK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.