Matthews China Active ETF
$27.99−0.40 (−1.42%)
- Expense ratio
- 0.79%
- Fund size
- $22M
- 1Y return
- −2.3%
- Yield · Last 12 months
- 1.75%
- Holdings
- 63
- Volume · 30D
- 0M sh
- NAV per share
- $27.64
- 52W range
The ETF.net MCH Grade
Score 47 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 19Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 99Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 58Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 8Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 54Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 27Category rank
Our read on MCH
CA stock-picker's China fund from an Asia-focused boutique: roughly 60 Chinese common and preferred shares chosen name by name rather than copied from an index. Launched in 2022.
The fund seeks long-term capital appreciation while investing at least 80% of net assets in common and preferred stocks of companies located in China, including Hong Kong and Macau.
Why people hold it
- Genuinely active, not index-shadowing: about 60 holdings, with at least 80% of net assets in common and preferred stocks of companies located in China, Hong Kong and Macau.
- Mandate discipline is the strong suit. The portfolio has stayed squarely inside the China brief its prospectus describes, with no drift into the broader Asia region.
- Run by Matthews Asia, a shop built around Asian equity research rather than a full-line issuer bolting on a China sleeve.
Worth knowing
- Active management costs here: 0.79% a year against a 0.70% median for China funds, with index rivals like FLCH at 0.19% and active JCHI at 0.15%.
- One of the smaller, less-traded names in the China group, so spreads tend to be wider than at the category giants and limit orders carry more weight.
- Concentrated single-country exposure in roughly 60 stocks, so Chinese policy and market swings land with full force. Distributions come once or twice a year at most.
MCH Holdings
- Stocks
- 63
- 43%
- 0700.HK
Sectors
- Financials27.1%
- Consumer Discr.14.9%
- Technology14.8%
- Communication12.5%
- Materials10.6%
- Industrials9.2%
- Health Care7.6%
- Real Estate2.6%
- Energy0.7%
Geography
- China88.88%
- Hong Kong8.32%
- Ireland1.75%
- Taiwan1.06%
Developed 10% · Emerging 90%
MCH Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MCH |
|---|---|
| Year to date | +0.6% |
| 1 month | −0.2% |
| 3 months | −5.5% |
| 1 year | −2.3% |
| 3 years | +12.3% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MCH |
|---|---|---|
| 2026 YTD | +0.6% | |
| 2025 | +30.2% | |
| 2024 | +17.3% | |
| 2023 | −19.9% | |
| 2022 | −3.1% |
MCH in the news
ETF.net Research hasn’t filed on MCH yet — coverage lands here as it’s written.
MCH Dividends
- 1.75%
- $0.50
- $0.50 per share
- Annual
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 17, 2025 | Dec 22, 2025 | $0.50 |
| Dec 18, 2024 | Dec 23, 2024 | $0.29 |
| Dec 14, 2023 | Dec 21, 2023 | $0.31 |
MCH Risk
- 24.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.36
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −40.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.86
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MCH Cost
- The middle half of China funds
- Median 0.65%
20 of the 28 China funds charge less.