TCHI vs. GXC
Compare and contrast key facts about iShares MSCI China Multisector Tech ETF (TCHI) and SPDR S&P China ETF (GXC).
TCHI and GXC 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. GXC is a passively managed fund by State Street that tracks the performance of the S&P China BMI Index. It was launched on Mar 19, 2007. Both TCHI and GXC 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: TCHI or GXC.
Correlation
The correlation between TCHI and GXC is 0.40, 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
TCHI vs. GXC - Performance Comparison
Key characteristics
TCHI:
0.49
GXC:
0.76
TCHI:
0.96
GXC:
1.28
TCHI:
1.12
GXC:
1.18
TCHI:
0.48
GXC:
0.48
TCHI:
1.34
GXC:
1.86
TCHI:
13.83%
GXC:
13.95%
TCHI:
37.38%
GXC:
34.08%
TCHI:
-43.96%
GXC:
-72.16%
TCHI:
-21.00%
GXC:
-41.64%
Returns By Period
In the year-to-date period, TCHI achieves a 1.91% return, which is significantly lower than GXC's 8.00% return.
TCHI
1.91%
-10.22%
-0.16%
16.12%
N/A
N/A
GXC
8.00%
-5.74%
4.07%
23.69%
-0.67%
0.20%
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TCHI vs. GXC - Expense Ratio Comparison
Both TCHI and GXC have an expense ratio of 0.59%.
Risk-Adjusted Performance
TCHI vs. GXC — Risk-Adjusted Performance Rank
TCHI
GXC
TCHI vs. GXC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China Multisector Tech ETF (TCHI) and SPDR S&P China ETF (GXC). 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
TCHI vs. GXC - Dividend Comparison
TCHI's dividend yield for the trailing twelve months is around 2.44%, less than GXC's 2.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TCHI iShares MSCI China Multisector Tech ETF | 2.44% | 2.49% | 4.28% | 1.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GXC SPDR S&P China ETF | 2.60% | 2.80% | 3.70% | 2.67% | 1.35% | 1.04% | 1.60% | 2.03% | 1.84% | 2.05% | 2.85% | 2.11% |
Drawdowns
TCHI vs. GXC - Drawdown Comparison
The maximum TCHI drawdown since its inception was -43.96%, smaller than the maximum GXC drawdown of -72.16%. Use the drawdown chart below to compare losses from any high point for TCHI and GXC. For additional features, visit the drawdowns tool.
Volatility
TCHI vs. GXC - Volatility Comparison
iShares MSCI China Multisector Tech ETF (TCHI) has a higher volatility of 16.52% compared to SPDR S&P China ETF (GXC) at 14.22%. This indicates that TCHI's price experiences larger fluctuations and is considered to be riskier than GXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.