TCHI vs. XLKI

Last updated Aug 5, 2026

TCHI (iShares MSCI China Multisector Tech ETF) and XLKI (State Street Technology Select Sector SPDR Premium Income ETF) are both Technology Equities funds. TCHI is passively managed, while XLKI is actively managed. Over the past year, TCHI returned 16.31% vs 28.81% for XLKI. Their 0.48 correlation means their historical movements had little consistent relationship. TCHI charges 0.59%/yr vs 0.35%/yr for XLKI.

Performance

TCHI vs. XLKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI China Multisector Tech ETF (TCHI) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TCHI achieves a 2.18% return, which is significantly lower than XLKI's 16.47% return.

TCHI

• 1D: 2.79%
• 1M: -4.16%
• 6M: -0.87%
• YTD: 2.18%
• 1Y: 16.31%
• 3Y*: 10.94%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 1.31%

XLKI

• 1D: 3.82%
• 1M: 4.14%
• 6M: 15.99%
• YTD: 16.47%
• 1Y: 28.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 27.74%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TCHI iShares MSCI China Multisector Tech ETF	$300.26K	$346.07K	$396.84K
XLKI State Street Technology Select Sector SPDR Premium Income ETF	$534.51K	$420.37K	$346.02K

TCHI vs. XLKI - Yearly Performance Comparison

	2026 (YTD)	2025
TCHI iShares MSCI China Multisector Tech ETF	2.18%	12.47%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	16.47%	10.02%

Correlation

The correlation between TCHI and XLKI is 0.47, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.47
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.48

TCHI vs. XLKI - Sectors Allocation Comparison

Sectors	TCHI	XLKI
Technology	52.9%	99.2%
Consumer Cyclical	16.2%	-
Communication Services	15.8%	0.8%
Industrials	10.3%	-
Consumer Defensive	2.4%	-
Energy	0.7%	-
Financial Services	0.6%	99.9%
Basic Materials	0.3%	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

TCHI vs. XLKI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TCHI

TCHI Risk / Return Rank: 23
TCHI Sharpe Ratio Rank: 23
TCHI Sortino Ratio Rank: 24
TCHI Omega Ratio Rank: 23
TCHI Calmar Ratio Rank: 24
TCHI Martin Ratio Rank: 21

XLKI

XLKI Risk / Return Rank: 57
XLKI Sharpe Ratio Rank: 52
XLKI Sortino Ratio Rank: 49
XLKI Omega Ratio Rank: 53
XLKI Calmar Ratio Rank: 65
XLKI Martin Ratio Rank: 67

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TCHI vs. XLKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China Multisector Tech ETF (TCHI) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). 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	XLKI	Difference
Sharpe ratio: Return per unit of total volatility	0.57	1.43	-0.86
Sortino ratio: Return per unit of downside risk	0.97	1.99	-1.02
Omega ratio: Gain probability vs. loss probability	1.12	1.27	-0.15
Calmar ratio: Return relative to maximum drawdown	0.79	2.58	-1.79
Martin ratio: Return relative to average drawdown	1.64	9.03	-7.40

TCHI vs. XLKI - Sharpe Ratio Comparison

The current TCHI Sharpe Ratio is 0.57, which is lower than the XLKI Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of TCHI and XLKI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TCHI vs. XLKI - Drawdown Comparison

The maximum TCHI drawdown since its inception was -43.96%, which is greater than XLKI's maximum drawdown of -11.21%. Use the drawdown chart below to compare losses from any high point for TCHI and XLKI.

Drawdown Indicators

	TCHI	XLKI	Difference
Max Drawdown Largest peak-to-trough decline	-43.96%	-11.21%	-32.75%
Max Drawdown (1Y) Largest decline over 1 year	-20.73%	-11.21%	-9.52%
Max Drawdown (3Y) Largest decline over 3 years	-27.78%	—	—
Current Drawdown Current decline from peak	-10.60%	-1.83%	-8.77%
Average Drawdown Average peak-to-trough decline	-20.96%	-2.17%	-18.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.99%	3.20%	+6.79%

Volatility

TCHI vs. XLKI - Volatility Comparison

iShares MSCI China Multisector Tech ETF (TCHI) has a higher volatility of 10.62% compared to State Street Technology Select Sector SPDR Premium Income ETF (XLKI) at 9.12%. This indicates that TCHI's price experiences larger fluctuations and is considered to be riskier than XLKI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TCHI	XLKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.62%	9.12%	+1.50%
Volatility (6M) Calculated over the trailing 6-month period	21.50%	17.88%	+3.62%
Volatility (1Y) Calculated over the trailing 1-year period	28.67%	20.25%	+8.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.92%	20.22%	+14.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.92%	20.22%	+14.70%

TCHI vs. XLKI - Expense Ratio Comparison

TCHI has a 0.59% expense ratio, which is higher than XLKI's 0.35% expense ratio.

Dividends

TCHI vs. XLKI - Dividend Comparison

TCHI's dividend yield for the trailing twelve months is around 2.27%, less than XLKI's 18.96% yield.

Position	TTM	2025	2024	2023	2022
TCHI iShares MSCI China Multisector Tech ETF	2.27%	2.44%	2.49%	4.28%	1.07%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	18.96%	8.52%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TCHI and XLKI in my portfolio?

TCHI and XLKI have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TCHI or XLKI?

TCHI has higher volatility (10.62%) compared to XLKI (9.12%). In terms of maximum drawdown, TCHI dropped -43.96% vs XLKI's -11.21%.

Which ETF is better, TCHI or XLKI?

On 1-year performance, XLKI leads with 28.81% vs 16.31% for TCHI. On fees, XLKI is cheaper at 0.35% per year. On volatility, XLKI has been the lower-risk option at 9.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TCHI or XLKI?

Over the 1-year period, XLKI has performed better with a 28.81% return vs 16.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TCHI or XLKI?

XLKI is cheaper with a 0.35% expense ratio, compared with 0.59% for TCHI.

Which ETF pays a higher dividend yield, TCHI or XLKI?

XLKI has the higher dividend yield at 18.96%, compared with 2.27% for TCHI.

What is the main difference between TCHI and XLKI?

They also come from different issuers: iShares and State Street. Their fees differ too: 0.59% for TCHI and 0.35% for XLKI.

Which has better risk-adjusted returns?

XLKI currently has the higher Sharpe Ratio (1.43 vs 0.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.