What do these ETFs track?

The fund data indicates that the specific index tracked by both the Hong Kong MSCI ETF (EWH) and the MSCI China ETF (MCHI) is not available. Consequently, a detailed breakdown of the benchmark index for either fund is absent. Without the index details, investors cannot fully assess the exact methodology or rules governing the selection of securities in these Greater China Region ETFs, relying instead on general market categorisation and current holdings data.

What is the expense ratio?

An expense ratio is an annual fee charged by a fund to cover its operational costs, such as management and administrative expenses. EWH has an expense ratio of 0.50%, whereas MCHI has a slightly higher expense ratio of 0.59%. This represents a difference of 0.09 percentage points. These fees are deducted from the fund's assets, which directly impacts the net return received by investors over the long term. Lower expenses generally mean more capital remains invested.

How do dividend yields differ?

The dividend yield represents the annual dividend income returned as a percentage of an investment's price. EWH currently offers a dividend yield of 4.55%, while MCHI provides a yield of 2.01%. This difference suggests that EWH's holdings are distributing more income relative to their price compared to MCHI. It is important to note that a higher yield does not necessarily indicate better overall performance, as it depends on the underlying companies' payout policies and the current market price of the ETF units themselves.

What are the top holdings?

The top holdings for EWH include FUTU at a weight of 1.62%, while the top holding for MCHI is PDD at 1.65%. Despite these similar weight percentages, there are no shared top-10 holdings between the two funds. This indicates a significant divergence in the underlying companies that currently dominate the portfolio composition of these Greater China Region ETFs, suggesting different sector or company focus even if broad geographic labels might appear similar in some contexts.

How do the net assets compare?

Net assets, or assets under management (AUM), indicate the total size of the fund. EWH reports net assets of $1.1 billion, whereas MCHI is significantly larger with $6.1 billion in net assets. A larger fund size like MCHI can sometimes offer benefits related to liquidity and economies of scale in managing the portfolio. However, EWH's smaller size is also a notable operational difference when comparing the two ETFs available to investors.

Which fund is more established?

The inception date marks when the fund was originally launched. EWH was established on 12 March 1996, giving it a much longer operating history of over two decades. In contrast, MCHI was launched later, on 29 March 2011. A longer inception date provides a more extended track record for investors to review historical performance, although past results are not a guarantee of future outcomes. MCHI's more recent inception means less historical data is available for analysis.

Is there sector weight data?

The current fund data for both the Hong Kong MSCI ETF (EWH) and the MSCI China ETF (MCHI) states that the sector weights are not available. The absence of this data limits transparency regarding how the investment is divided among various industrial sectors. Without sector breakdowns, it is difficult to determine the precise diversification levels or if one fund is more concentrated in technology, financials, or other industries compared to its counterpart.

What do 'Greater China Region' funds include?

The fund data categorises both EWH and MCHI as Greater China Region funds. Generally, this category implies exposure to companies operating within or deriving significant revenue from China, Hong Kong, and Taiwan markets. This broad categorisation allows investors to gain access to the economic dynamics of the entire region rather than just one single country's stock exchange. It is a common classification used by index providers to aggregate these geographically and economically linked markets into investable baskets.

What is a key factor for income investors?

For investors prioritising income generation, the difference in dividend yields is a key metric to consider. EWH has a yield of 4.55%, whereas MCHI offers 2.01%. Higher distributions can be attractive for income strategies, provided they are sustainable. However, investors must understand that yields fluctuate with market prices and corporate dividend policies. This data point allows investors to evaluate which fund currently aligns better with income objectives, assuming other factors such as risk and total return are considered alongside the yield.

What educational disclaimer applies to these facts?

The information provided compares EWH and MCHI using data from Yahoo Finance, fetched on 22 September 2026. Educational content only, not financial advice. Figures such as net assets, dividend yield, and expense ratios are subject to change. Investors should verify current data and consult a qualified professional before making investment decisions. Past performance of EWH or MCHI does not guarantee future results.

EWH vs MCHI

Two funds, one decision: we compare cost, performance and what each ETF actually holds in October 2026.

Compare the Hong Kong MSCI ETF (EWH) and the MSCI China ETF (MCHI). This page examines fees, top holdings, dividend yields and how each fund tracks its market. Educational content, not financial advice.

Compare the Hong Kong MSCI ETF (EWH) and the MSCI China ETF (MCHI). This page examines fees, top holdings, dividend yields and how each fund tracks its market. Educational content, not financial advic...

Fund Snapshot

Key Fund Metrics

EWH

Metric

MCHI

0.50%

Expense Ratio

0.59%

4.55%

Dividend Yield

2.01%

$1.14B

Net Assets

$6.12B

35

Holdings

586

Mar 12, 1996

Inception Date

Mar 29, 2011

–

Index Tracked

–

Greater China Region

Fund Category

Greater China Region

EWH costs about $9.00 less per year for every $10,000 invested.

Shared Top Holdings

These funds do not share any of their top holdings.

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Investment Analysis

EWH

Pros

EWH provides a higher dividend yield of 4.55% compared to its counterpart.
It carries a lower expense ratio at 0.50%, reducing annual cost drag.
Established in 1996, it has a longer operating history for investor review.

Considerations

Its net assets of $1.1 billion are smaller than the alternative fund's.
The top holding, FUTU, represents only 1.62%, indicating potential high turnover.
Sector weights are not available, limiting transparency into the fund's diversification.

MCHI

Pros

MCHI has significantly larger net assets at $6.1 billion, indicating liquidity.
The fund's inception in 2011 offers a more recent operational track record.
Its top holding, PDD, at 1.65%, provides a slight margin of exposure.

Considerations

The expense ratio is higher at 0.59%, increasing the cost of ownership.
Dividend yield is lower at 2.01% compared to the alternative fund.
Index tracked details are not available, reducing clarity on the benchmark.

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About EWH and MCHI

EWH (EWH)

iShares MSCI Hong Kong ETF (ticker EWH) offers investors a single, tradable security that seeks to track the performance of the MSCI Hong Kong Index, providing diversified exposure to large- and mid-cap Hong Kong-listed companies across sectors such as financials, property and consumer goods. As an ETF, it represents a basket of stocks rather than a single company; market capitalisation is not directly applicable in the same way as for individual equities — assess assets under management and average trading volume for liquidity cues. EWH can be used to gain market-level exposure to Hong Kong’s economy and to express a view on regional opportunities, but it carries risks including sector concentration, sensitivity to Mainland China policy and currency or geopolitical volatility. This is educational information only and not personalised financial advice; consider your objectives and seek independent advice where appropriate.

MCHI (MCHI)

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EWH vs MCHI

Fund Snapshot