MCH vs VXUS
Matthews China Active ETF vs Vanguard Total International Stock ETF
Which is better, MCH or VXUS?
Large Cap Value against Large Cap Blend.
VXUS has a lower expense ratio. VXUS led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | MCH | VXUS |
|---|---|---|
| Expense Ratio | 0.79% | 0.05%Best |
| AUM | $22M | $158.1B |
| Dividend Yield | 1.72% | 2.51% |
| Holdings | 57 | 8,747 |
| YTD Return | -3.25% | +14.49%Best |
| 1Y Return | -2.77% | +21.52%Best |
| 3Y Return (annualized) | +12.09% | +20.55%Best |
| 5Y Return (annualized) | - | +9.57% |
| Volatility (annualized) | 30.3% | 14.9%Best |
| Max Drawdown | -40.5% | -16.2%Best |
| $10,000 over 4.2 years | $11,881 | $19,877Best |
| Fund Family | Matthews Asia Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jul 13, 2022 | Jan 26, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.2 years row, are measured over the window both funds cover: Jul 14, 2022 to Sep 21, 2026 (4.2 years).
MCH vs VXUS growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.2 years both funds cover.
MCH vs VXUS Performance
Matthews China Active ETF (MCH) is an ETF from Matthews Asia Funds and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year MCH returned -2.77% while VXUS returned +21.52%. Year to date, MCH is down 3.25% versus a gain of 14.49% for VXUS.
Over three years, MCH compounded at +12.09% per year against +20.55% for VXUS. Across the full 4-year window we track, VXUS has the edge at +17.77% annualized vs +4.19%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MCH has been the more volatile fund, with annualized monthly volatility of 30.3% compared with 14.9% for VXUS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -40.5% for MCH and -16.2% for VXUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MCH charges 0.79% per year while VXUS charges 0.05%. On a $10,000 position that is $79 vs $5 annually, a gap of $74 per year that compounds over a long holding period. On income, MCH currently yields 1.72% against 2.51% for VXUS.
Holdings Overlap
At least 53.0% of MCH's money is in holdings VXUS also owns.
Stated as a floor: for VXUS, our book for it covers 88.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
32 positions in common, counted across the 54 positions we hold weights for in MCH and 8,082 in VXUS, against full books of 57 and 8,747.
Top Shared Holdings
| Stock | Weight in MCH | Weight in VXUS | Difference |
|---|---|---|---|
| 9988:HKAlibaba Group Holding Ltd | 5.20% | 0.62% | 4.58% |
| 3908:HKChina International Capital Corp Ltd Common Stock | 3.22% | 0.01% | 3.21% |
| 600522:SHJiangsu Zhongtian Technology Co. Ltd. Class A | 3.03% | 0.00% | 3.03% |
| 601899:SHZijin Mining Group Co Ltd | 2.91% | 0.01% | 2.90% |
| 600036:SHChina Merchants Bank Co Ltd Class A | 2.71% | 0.02% | 2.69% |
| 6099:HKCmsc | 2.65% | 0.00% | 2.65% |
| 603259:SHWuxi Apptec Co Ltd-a | 2.49% | 0.01% | 2.48% |
| 148:HKKingboard Holdings Ltd | 2.15% | 0.01% | 2.14% |
| PDD:IEPdd Holdings Inc. | 1.98% | 0.15% | 1.83% |
| 300750:SHContemporary Amperex Technology Con Ltd. | 2.07% | 0.04% | 2.03% |
53.0% of MCH is already inside VXUS.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, MCH or VXUS?
MCH has an expense ratio of 0.79% while VXUS charges 0.05%. VXUS is the cheaper option, by $74 a year on a $10,000 investment.
Which performed better, MCH or VXUS?
Over the past year MCH returned -2.77% vs +21.52% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (4 years), MCH annualized +4.19% vs +17.77% for VXUS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MCH or VXUS?
MCH has been the more volatile fund at 30.3% annualized versus 14.9% for VXUS. Worst drawdown: MCH -40.5% vs VXUS -16.2%.
Should I hold both MCH and VXUS?
MCH and VXUS have a monthly-return correlation of 0.63, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between MCH and VXUS?
At least 53.0% of MCH's money is in holdings VXUS also owns. Our book for VXUS is partial, so the real figure is this or higher. They hold 32 positions in common, counted across the 54 positions we hold weights for in MCH and 8,082 in VXUS.
Which pays a higher dividend, MCH or VXUS?
MCH yields 1.72% while VXUS yields 2.51%, so VXUS currently pays the higher dividend yield.
Is VXUS better than MCH?
VXUS has a lower expense ratio. VXUS led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.