TCHI vs. ASMH

Last updated Apr 1, 2026

Compare and contrast key facts about iShares MSCI China Multisector Tech ETF (TCHI) and ASML Holding NV ADR Hedged ETF (ASMH).

TCHI and ASMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TCHI is a passively managed fund by iShares that tracks the performance of the MSCI China Technology Sub-Industries Select Capped Index - Benchmark TR Net. It was launched on Jan 25, 2022. ASMH is a passively managed fund by Precidian Funds that tracks the performance of the ASML Holding NV Sponsored ADR. It was launched on Mar 13, 2025. Both TCHI and ASMH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

TCHI vs. ASMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI China Multisector Tech ETF (TCHI) and ASML Holding NV ADR Hedged ETF (ASMH). The values are adjusted to include any dividend payments, if applicable.

TCHI vs. ASMH - Yearly Performance Comparison

	2026 (YTD)	2025
TCHI iShares MSCI China Multisector Tech ETF	-8.02%	30.99%
ASMH ASML Holding NV ADR Hedged ETF	25.77%	58.84%

Returns By Period

In the year-to-date period, TCHI achieves a -8.02% return, which is significantly lower than ASMH's 25.77% return.

TCHI

• 1D: 1.51%
• 1M: -7.74%
• YTD: -8.02%
• 6M: -17.35%
• 1Y: 10.25%
• 3Y*: 5.98%
• 5Y*: —
• 10Y*: —

ASMH

• 1D: 4.15%
• 1M: -6.47%
• YTD: 25.77%
• 6M: 39.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TCHI vs. ASMH - Expense Ratio Comparison

TCHI has a 0.59% expense ratio, which is higher than ASMH's 0.19% expense ratio.

TCHI

iShares MSCI China Multisector Tech ETF

ASMH

ASML Holding NV ADR Hedged ETF

Return for Risk

TCHI vs. ASMH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TCHI

TCHI Risk / Return Rank: 23
TCHI Sharpe Ratio Rank: 23
TCHI Sortino Ratio Rank: 25
TCHI Omega Ratio Rank: 25
TCHI Calmar Ratio Rank: 23
TCHI Martin Ratio Rank: 20

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TCHI vs. ASMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China Multisector Tech ETF (TCHI) and ASML Holding NV ADR Hedged ETF (ASMH). 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.

	TCHI	ASMH	Difference
Sharpe ratio Return per unit of total volatility	0.36	—	—
Sortino ratio Return per unit of downside risk	0.67	—	—
Omega ratio Gain probability vs. loss probability	1.09	—	—
Calmar ratio Return relative to maximum drawdown	0.47	—	—
Martin ratio Return relative to average drawdown	1.10	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TCHI	ASMH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.03	3.00	-3.03

Correlation

The correlation between TCHI and ASMH is 0.37, 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.

Dividends

TCHI vs. ASMH - Dividend Comparison

TCHI's dividend yield for the trailing twelve months is around 2.65%, more than ASMH's 1.29% yield.

	TTM	2025	2024	2023	2022
TCHI iShares MSCI China Multisector Tech ETF	2.65%	2.44%	2.49%	4.28%	1.07%
ASMH ASML Holding NV ADR Hedged ETF	1.29%	0.19%	0.00%	0.00%	0.00%

Drawdowns

TCHI vs. ASMH - Drawdown Comparison

The maximum TCHI drawdown since its inception was -43.96%, which is greater than ASMH's maximum drawdown of -15.89%. Use the drawdown chart below to compare losses from any high point for TCHI and ASMH.

Drawdown Indicators

	TCHI	ASMH	Difference
Max Drawdown Largest peak-to-trough decline	-43.96%	-15.89%	-28.07%
Max Drawdown (1Y) Largest decline over 1 year	-20.73%	—	—
Current Drawdown Current decline from peak	-19.52%	-11.21%	-8.31%
Average Drawdown Average peak-to-trough decline	-21.96%	-4.43%	-17.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.94%	—	—

Volatility

Volatility by Period

	TCHI	ASMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.02%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.74%	36.81%	-8.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.12%	36.81%	-1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.12%	36.81%	-1.69%