CXSE vs TCHI

CXSEAWisdomTree China ex-State-Owned Enterprises Fund

TCHIBiShares MSCI China Multisector Tech ETF

In short

CXSE CXSE tracks an index that screens state-owned enterprises out of China, leaving the privately run companies. A tilt toward entrepreneurs rather than Beijing's balance sheet, at a fee well under the typical China fund.

TCHI Chinese tech spills well past the tech sector, so this iShares fund goes looking across several. It tracks a capped MSCI index of Chinese technology and related industries, roughly 190 names, at 0.59%.

Stated mandate

CXSE The Fund seeks to track, before fees and expenses, the price and yield performance of the WisdomTree China ex-State-Owned Enterprises Index.

TCHI The fund seeks to track an index containing Chinese equities in technology and related industries.

Why people hold it

• CXSE The whole design is one screen: state-controlled companies out, privately run ones in, about 200 of them. Not a broad China index with a tweak.
• 0.32% a year, well under half the 0.70% median for single-country China funds.
• Trading since 2012, and one of the tighter, more faithful builds in a crowded China cohort.

• TCHI Cross-sector by design: the index reaches into technology and related industries rather than one sector bucket, and it caps weights so no single giant dominates.
• 0.59% a year undercuts the 0.70% median for single-country China funds.
• Roughly 190 holdings, so the theme rides on a broad bench instead of three or four megacaps.
• Plain vanilla wrapper: a 1940 Act index fund from iShares, live since 2022, no derivatives layer to decode.

Worth knowing

• CXSE Thinly traded next to China heavyweights like MCHI and GXC, so limit orders matter more here.
• One country, about 200 stocks, and none of the state-backed heavyweights as ballast. Swings run bigger than a diversified global fund's.
• Cheap for the group, not the cheapest: FLCH (0.19%) and JCHI (0.15%) undercut it with different mandates.

• TCHI That 0.59% is exactly what broad China funds MCHI and GXC charge, so the narrower tech slice costs what whole-market exposure does.
• A small fund that trades lightly, so spreads can run wider than the headline China ETFs, most noticeably on big or hurried orders.
• One country, one theme. Chinese policy and regulatory swings land here undiluted, and payouts come once or twice a year rather than quarterly.

Full CXSE profile⁠

Full TCHI profile⁠