TCHI vs. MCHI
Compare and contrast key facts about iShares MSCI China Multisector Tech ETF (TCHI) and iShares MSCI China ETF (MCHI).
TCHI and MCHI 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. MCHI is a passively managed fund by iShares that tracks the performance of the MSCI China Index. It was launched on Mar 29, 2011. Both TCHI and MCHI 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 MCHI.
Correlation
The correlation between TCHI and MCHI is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TCHI vs. MCHI - Performance Comparison
Key characteristics
TCHI:
1.18
MCHI:
1.42
TCHI:
1.87
MCHI:
2.11
TCHI:
1.23
MCHI:
1.28
TCHI:
1.04
MCHI:
0.77
TCHI:
3.10
MCHI:
3.51
TCHI:
12.79%
MCHI:
12.65%
TCHI:
33.46%
MCHI:
31.36%
TCHI:
-43.96%
MCHI:
-62.84%
TCHI:
-8.95%
MCHI:
-38.58%
Returns By Period
The year-to-date returns for both stocks are quite close, with TCHI having a 17.45% return and MCHI slightly lower at 16.79%.
TCHI
17.45%
16.93%
40.93%
40.50%
N/A
N/A
MCHI
16.79%
17.67%
32.67%
42.62%
-1.26%
2.39%
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TCHI vs. MCHI - Expense Ratio Comparison
Both TCHI and MCHI have an expense ratio of 0.59%.
Risk-Adjusted Performance
TCHI vs. MCHI — Risk-Adjusted Performance Rank
TCHI
MCHI
TCHI vs. MCHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China Multisector Tech ETF (TCHI) and iShares MSCI China ETF (MCHI). 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. MCHI - Dividend Comparison
TCHI's dividend yield for the trailing twelve months is around 2.12%, more than MCHI's 1.98% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TCHI iShares MSCI China Multisector Tech ETF | 2.12% | 2.49% | 4.28% | 1.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MCHI iShares MSCI China ETF | 1.98% | 2.31% | 3.49% | 2.16% | 1.04% | 1.04% | 1.45% | 1.60% | 1.56% | 1.66% | 2.76% | 2.35% |
Drawdowns
TCHI vs. MCHI - Drawdown Comparison
The maximum TCHI drawdown since its inception was -43.96%, smaller than the maximum MCHI drawdown of -62.84%. Use the drawdown chart below to compare losses from any high point for TCHI and MCHI. For additional features, visit the drawdowns tool.
Volatility
TCHI vs. MCHI - Volatility Comparison
iShares MSCI China Multisector Tech ETF (TCHI) has a higher volatility of 7.96% compared to iShares MSCI China ETF (MCHI) at 7.03%. This indicates that TCHI's price experiences larger fluctuations and is considered to be riskier than MCHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.