TCHI vs. IWO
Compare and contrast key facts about iShares MSCI China Multisector Tech ETF (TCHI) and iShares Russell 2000 Growth ETF (IWO).
TCHI and IWO 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. IWO is a passively managed fund by iShares that tracks the performance of the Russell 2000 Growth Index. It was launched on Jul 24, 2000. Both TCHI and IWO 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 IWO.
Correlation
The correlation between TCHI and IWO 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. IWO - Performance Comparison
Key characteristics
TCHI:
0.49
IWO:
0.03
TCHI:
0.96
IWO:
0.23
TCHI:
1.12
IWO:
1.03
TCHI:
0.48
IWO:
0.03
TCHI:
1.34
IWO:
0.09
TCHI:
13.83%
IWO:
8.93%
TCHI:
37.38%
IWO:
25.57%
TCHI:
-43.96%
IWO:
-60.10%
TCHI:
-21.00%
IWO:
-22.89%
Returns By Period
In the year-to-date period, TCHI achieves a 1.91% return, which is significantly higher than IWO's -12.18% return.
TCHI
1.91%
-10.22%
-0.16%
16.12%
N/A
N/A
IWO
-12.18%
-4.69%
-10.33%
1.85%
8.40%
5.96%
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TCHI vs. IWO - Expense Ratio Comparison
TCHI has a 0.59% expense ratio, which is higher than IWO's 0.24% expense ratio.
Risk-Adjusted Performance
TCHI vs. IWO — Risk-Adjusted Performance Rank
TCHI
IWO
TCHI vs. IWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China Multisector Tech ETF (TCHI) and iShares Russell 2000 Growth ETF (IWO). 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. IWO - Dividend Comparison
TCHI's dividend yield for the trailing twelve months is around 2.44%, more than IWO's 0.93% 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% |
IWO iShares Russell 2000 Growth ETF | 0.93% | 0.80% | 0.73% | 0.75% | 0.32% | 0.44% | 0.71% | 0.76% | 0.73% | 0.97% | 0.89% | 0.73% |
Drawdowns
TCHI vs. IWO - Drawdown Comparison
The maximum TCHI drawdown since its inception was -43.96%, smaller than the maximum IWO drawdown of -60.10%. Use the drawdown chart below to compare losses from any high point for TCHI and IWO. For additional features, visit the drawdowns tool.
Volatility
TCHI vs. IWO - Volatility Comparison
iShares MSCI China Multisector Tech ETF (TCHI) has a higher volatility of 16.52% compared to iShares Russell 2000 Growth ETF (IWO) at 14.99%. This indicates that TCHI's price experiences larger fluctuations and is considered to be riskier than IWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.