TCHI vs. GXPT
TCHI (iShares MSCI China Multisector Tech ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds - TCHI tracks the MSCI China Technology Sub-Industries Select Capped Index - Benchmark TR Net while GXPT tracks the MSCI USA Information Technology PureCap Index. Both are passively managed. At a 0.49 correlation, their price movements are largely independent. TCHI charges 0.59%/yr vs 0.15%/yr for GXPT.
Performance
TCHI vs. GXPT - Performance Comparison
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Returns By Period
In the year-to-date period, TCHI achieves a 4.09% return, which is significantly lower than GXPT's 16.76% return.
TCHI
- 1D
- -1.86%
- 1M
- -4.42%
- 6M
- -3.04%
- YTD
- 4.09%
- 1Y
- 21.12%
- 3Y*
- 12.92%
- 5Y*
- —
- 10Y*
- —
GXPT
- 1D
- -1.69%
- 1M
- -1.65%
- 6M
- 17.70%
- YTD
- 16.76%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TCHI vs. GXPT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TCHI iShares MSCI China Multisector Tech ETF | 4.09% | 12.49% |
GXPT Global X PureCap MSCI Information Technology ETF | 16.76% | 11.47% |
Correlation
The correlation between TCHI and GXPT is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025 | 0.49 |
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Return for Risk
TCHI vs. GXPT — Risk / Return Rank
TCHI
GXPT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TCHI vs. GXPT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China Multisector Tech ETF (TCHI) and Global X PureCap MSCI Information Technology ETF (GXPT). 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 | GXPT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.15 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.02 | — | — |
| Martin ratioReturn relative to average drawdown | 2.21 | — | — |
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Drawdowns
TCHI vs. GXPT - Drawdown Comparison
The maximum TCHI drawdown since its inception was -43.96%, which is greater than GXPT's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for TCHI and GXPT.
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Drawdown Indicators
| TCHI | GXPT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.96% | -18.74% | -25.22% |
Max Drawdown (1Y)Largest decline over 1 year | -20.73% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -27.78% | — | — |
Current DrawdownCurrent decline from peak | -8.93% | -8.79% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -21.06% | -5.26% | -15.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.60% | — | — |
Volatility
TCHI vs. GXPT - Volatility Comparison
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Volatility by Period
| TCHI | GXPT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.52% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 20.44% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 27.67% | 22.94% | +4.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.91% | 22.94% | +11.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.91% | 22.94% | +11.97% |
TCHI vs. GXPT - Expense Ratio Comparison
TCHI has a 0.59% expense ratio, which is higher than GXPT's 0.15% expense ratio.
Dividends
TCHI vs. GXPT - Dividend Comparison
TCHI's dividend yield for the trailing twelve months is around 2.23%, more than GXPT's 0.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GXPT Global X PureCap MSCI Information Technology ETF | 0.22% | 0.14% | 0.00% | 0.00% | 0.00% |
TCHI iShares MSCI China Multisector Tech ETF | 2.23% | 2.44% | 2.49% | 4.28% | 1.07% |
Frequently Asked Questions
TCHI and GXPT have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GXPT is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GXPT is cheaper with a 0.15% expense ratio, compared with 0.59% for TCHI.
TCHI has the higher dividend yield at 2.23%, compared with 0.22% for GXPT.
TCHI tracks MSCI China Technology Sub-Industries Select Capped Index - Benchmark TR Net, while GXPT tracks MSCI USA Information Technology PureCap Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.59% for TCHI and 0.15% for GXPT.
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