RAYC vs. MCHI
Compare and contrast key facts about Rayliant Quantamental China Equity ETF (RAYC) and iShares MSCI China ETF (MCHI).
RAYC and MCHI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RAYC is an actively managed fund by Rayliant Investment Research. It was launched on Dec 31, 2020. MCHI is a passively managed fund by iShares that tracks the performance of the MSCI China Index. It was launched on Mar 29, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RAYC or MCHI.
Correlation
The correlation between RAYC and MCHI is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
RAYC vs. MCHI - Performance Comparison
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Key characteristics
RAYC:
13.75%
MCHI:
34.53%
RAYC:
-0.88%
MCHI:
-62.84%
RAYC:
0.00%
MCHI:
-40.24%
Returns By Period
RAYC
N/A
N/A
N/A
N/A
N/A
N/A
MCHI
13.64%
7.19%
9.72%
20.64%
-0.67%
0.54%
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RAYC vs. MCHI - Expense Ratio Comparison
RAYC has a 0.80% expense ratio, which is higher than MCHI's 0.59% expense ratio.
Risk-Adjusted Performance
RAYC vs. MCHI — Risk-Adjusted Performance Rank
RAYC
MCHI
RAYC vs. MCHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rayliant Quantamental China Equity ETF (RAYC) and iShares MSCI China ETF (MCHI). 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.
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Dividends
RAYC vs. MCHI - Dividend Comparison
RAYC's dividend yield for the trailing twelve months is around 4.09%, more than MCHI's 2.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RAYC Rayliant Quantamental China Equity ETF | 4.09% | 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 | 2.03% | 2.31% | 3.49% | 2.16% | 1.04% | 1.04% | 1.45% | 1.60% | 1.56% | 1.66% | 2.76% | 2.35% |
Drawdowns
RAYC vs. MCHI - Drawdown Comparison
The maximum RAYC drawdown since its inception was -0.88%, smaller than the maximum MCHI drawdown of -62.84%. Use the drawdown chart below to compare losses from any high point for RAYC and MCHI. For additional features, visit the drawdowns tool.
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Volatility
RAYC vs. MCHI - Volatility Comparison
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