TCHI vs. GTEK

Last updated Jul 16, 2026

TCHI (iShares MSCI China Multisector Tech ETF) and GTEK (Goldman Sachs Future Tech Leaders Equity ETF) are both Technology Equities funds. TCHI is passively managed, while GTEK is actively managed. Over the past 3 years, TCHI returned 13.47%/yr vs 29.44%/yr for GTEK. A 0.53 correlation means they provide meaningful diversification when combined. TCHI charges 0.59%/yr vs 0.75%/yr for GTEK.

Performance

TCHI vs. GTEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI China Multisector Tech ETF (TCHI) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TCHI achieves a 6.06% return, which is significantly lower than GTEK's 42.06% return.

TCHI

• 1D: -0.14%
• 1M: -3.16%
• 6M: -1.05%
• YTD: 6.06%
• 1Y: 22.07%
• 3Y*: 13.47%
• 5Y*: —
• 10Y*: —

GTEK

• 1D: -1.30%
• 1M: -7.28%
• 6M: 37.26%
• YTD: 42.06%
• 1Y: 58.76%
• 3Y*: 29.44%
• 5Y*: —
• 10Y*: —

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

TCHI vs. GTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TCHI iShares MSCI China Multisector Tech ETF	6.06%	33.13%	9.09%	-5.61%	-24.30%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	42.06%	23.68%	15.94%	33.58%	-37.60%

Correlation

The correlation between TCHI and GTEK is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (All Time) Calculated using the full available price history since Feb 1, 2022	0.53

The correlation between TCHI and GTEK shifts across timeframes, from 0.50 (3 years) to 0.62 (1 year), reflecting how their relationship changes across market environments.

TCHI vs. GTEK - Sectors Allocation Comparison

Sectors	TCHI	GTEK
Technology	57.9%	74.5%
Industrials	14.2%	8.1%
Consumer Cyclical	13.4%	4.9%
Communication Services	10.0%	3.7%
Consumer Defensive	2.0%	-
Energy	0.9%	-
Financial Services	0.6%	1.2%
Basic Materials	0.2%	3.4%
Healthcare	-	1.1%
Real Estate	-	2.3%
Utilities	-	-

Return for Risk

TCHI vs. GTEK — Risk / Return Rank

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

TCHI

TCHI Risk / Return Rank: 26
TCHI Sharpe Ratio Rank: 26
TCHI Sortino Ratio Rank: 27
TCHI Omega Ratio Rank: 26
TCHI Calmar Ratio Rank: 27
TCHI Martin Ratio Rank: 23

GTEK

GTEK Risk / Return Rank: 79
GTEK Sharpe Ratio Rank: 78
GTEK Sortino Ratio Rank: 69
GTEK Omega Ratio Rank: 69
GTEK Calmar Ratio Rank: 94
GTEK Martin Ratio Rank: 88

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. GTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China Multisector Tech ETF (TCHI) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). 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.

	TCHI	GTEK	Difference
Sharpe ratio: Return per unit of total volatility	0.80	1.99	-1.18
Sortino ratio: Return per unit of downside risk	1.26	2.53	-1.27
Omega ratio: Gain probability vs. loss probability	1.16	1.33	-0.17
Calmar ratio: Return relative to maximum drawdown	1.07	5.30	-4.24
Martin ratio: Return relative to average drawdown	2.31	15.25	-12.94

TCHI vs. GTEK - Sharpe Ratio Comparison

The current TCHI Sharpe Ratio is 0.80, which is lower than the GTEK Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of TCHI and GTEK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TCHI vs. GTEK - Drawdown Comparison

The maximum TCHI drawdown since its inception was -43.96%, smaller than the maximum GTEK drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for TCHI and GTEK.

Drawdown Indicators

	TCHI	GTEK	Difference
Max Drawdown Largest peak-to-trough decline	-43.96%	-53.77%	+9.81%
Max Drawdown (1Y) Largest decline over 1 year	-20.73%	-11.13%	-9.60%
Max Drawdown (3Y) Largest decline over 3 years	-27.78%	-27.49%	-0.29%
Current Drawdown Current decline from peak	-7.21%	-9.72%	+2.51%
Average Drawdown Average peak-to-trough decline	-21.07%	-26.96%	+5.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.58%	3.87%	+5.71%

Volatility

TCHI vs. GTEK - Volatility Comparison

The current volatility for iShares MSCI China Multisector Tech ETF (TCHI) is 11.23%, while Goldman Sachs Future Tech Leaders Equity ETF (GTEK) has a volatility of 11.88%. This indicates that TCHI experiences smaller price fluctuations and is considered to be less risky than GTEK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TCHI	GTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.23%	11.88%	-0.65%
Volatility (6M) Calculated over the trailing 6-month period	20.53%	26.13%	-5.60%
Volatility (1Y) Calculated over the trailing 1-year period	27.73%	29.74%	-2.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.91%	28.81%	+6.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.91%	28.81%	+6.10%

TCHI vs. GTEK - Expense Ratio Comparison

TCHI has a 0.59% expense ratio, which is lower than GTEK's 0.75% expense ratio.

Dividends

TCHI vs. GTEK - Dividend Comparison

TCHI's dividend yield for the trailing twelve months is around 2.19%, while GTEK has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
GTEK Goldman Sachs Future Tech Leaders Equity ETF	0.00%	0.00%	0.00%	0.26%	0.03%
TCHI iShares MSCI China Multisector Tech ETF	2.19%	2.44%	2.49%	4.28%	1.07%

Frequently Asked Questions

Can I hold both TCHI and GTEK in my portfolio?

TCHI and GTEK have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TCHI or GTEK?

GTEK has higher volatility (11.88%) compared to TCHI (11.23%). In terms of maximum drawdown, TCHI dropped -43.96% vs GTEK's -53.77%.

Which ETF is better, TCHI or GTEK?

On 3-year performance, GTEK leads with 29.44% vs 13.47% for TCHI. On fees, TCHI is cheaper at 0.59% per year. On volatility, TCHI has been the lower-risk option at 11.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TCHI or GTEK?

Over the 3-year period, GTEK has performed better with a 29.44% return vs 13.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TCHI or GTEK?

TCHI is cheaper with a 0.59% expense ratio, compared with 0.75% for GTEK.

Which ETF pays a higher dividend yield, TCHI or GTEK?

TCHI has the higher dividend yield at 2.19%, compared with 0.00% for GTEK.

What is the main difference between TCHI and GTEK?

They also come from different issuers: iShares and Goldman Sachs. Their fees differ too: 0.59% for TCHI and 0.75% for GTEK.

Which has better risk-adjusted returns?

GTEK currently has the higher Sharpe Ratio (1.99 vs 0.80), 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.