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.
Performance
TCHI vs. IWO - Performance Comparison
Loading graphics...
TCHI vs. IWO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TCHI iShares MSCI China Multisector Tech ETF | -7.87% | 33.13% | 9.09% | -5.61% | -24.32% |
IWO iShares Russell 2000 Growth ETF | -2.09% | 12.90% | 15.04% | 18.51% | -15.95% |
Returns By Period
In the year-to-date period, TCHI achieves a -7.87% return, which is significantly lower than IWO's -2.09% return.
TCHI
- 1D
- 0.16%
- 1M
- -6.33%
- YTD
- -7.87%
- 6M
- -17.85%
- 1Y
- 10.98%
- 3Y*
- 6.04%
- 5Y*
- —
- 10Y*
- —
IWO
- 1D
- 0.75%
- 1M
- -6.57%
- YTD
- -2.09%
- 6M
- -0.97%
- 1Y
- 24.27%
- 3Y*
- 12.46%
- 5Y*
- 1.37%
- 10Y*
- 9.75%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TCHI vs. IWO - Expense Ratio Comparison
TCHI has a 0.59% expense ratio, which is higher than IWO's 0.24% expense ratio.
Return for Risk
TCHI vs. IWO — Risk / Return Rank
TCHI
IWO
TCHI vs. IWO - Risk-Adjusted Trends 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.
| TCHI | IWO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.38 | 0.97 | -0.58 |
Sortino ratioReturn per unit of downside risk | 0.71 | 1.49 | -0.78 |
Omega ratioGain probability vs. loss probability | 1.10 | 1.19 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 0.50 | 1.64 | -1.13 |
Martin ratioReturn relative to average drawdown | 1.17 | 5.48 | -4.32 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TCHI | IWO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | 0.97 | -0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.06 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.41 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.03 | 0.26 | -0.29 |
Correlation
The correlation between TCHI and IWO is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
TCHI vs. IWO - Dividend Comparison
TCHI's dividend yield for the trailing twelve months is around 2.64%, more than IWO's 0.48% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TCHI iShares MSCI China Multisector Tech ETF | 2.64% | 2.44% | 2.49% | 4.28% | 1.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWO iShares Russell 2000 Growth ETF | 0.48% | 0.56% | 0.80% | 0.73% | 0.73% | 0.32% | 0.44% | 0.71% | 0.76% | 0.73% | 0.97% | 0.89% |
Drawdowns
TCHI vs. IWO - Drawdown Comparison
The maximum TCHI drawdown since its inception was -43.96%, smaller than the maximum IWO drawdown of -60.11%. Use the drawdown chart below to compare losses from any high point for TCHI and IWO.
Loading graphics...
Drawdown Indicators
| TCHI | IWO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.96% | -60.11% | +16.15% |
Max Drawdown (1Y)Largest decline over 1 year | -20.73% | -14.87% | -5.86% |
Max Drawdown (5Y)Largest decline over 5 years | — | -40.51% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.02% | — |
Current DrawdownCurrent decline from peak | -19.40% | -10.59% | -8.81% |
Average DrawdownAverage peak-to-trough decline | -21.96% | -16.80% | -5.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.94% | 4.44% | +4.50% |
Volatility
TCHI vs. IWO - Volatility Comparison
The current volatility for iShares MSCI China Multisector Tech ETF (TCHI) is 7.21%, while iShares Russell 2000 Growth ETF (IWO) has a volatility of 8.60%. This indicates that TCHI experiences smaller price fluctuations and is considered to be less risky than IWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TCHI | IWO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.21% | 8.60% | -1.39% |
Volatility (6M)Calculated over the trailing 6-month period | 18.00% | 16.54% | +1.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.73% | 25.23% | +3.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.10% | 24.46% | +10.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.10% | 24.06% | +11.04% |