MCHS vs VXUS
Matthews China Discovery Active ETF vs Vanguard Total International Stock ETF
Which is better, MCHS or VXUS?
Small Cap Blend against Large Cap Blend.
VXUS has a lower expense ratio. MCHS led over the full window, VXUS over 1Y.
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 | MCHS | VXUS |
|---|---|---|
| Expense Ratio | 0.89% | 0.05%Best |
| AUM | $20M | $158.1B |
| Dividend Yield | 1.90% | 2.51% |
| Holdings | 54 | 8,747 |
| YTD Return | +18.41%Best | +11.62% |
| 1Y Return | +16.01% | +18.43%Best |
| 3Y Return (annualized) | - | +20.63% |
| 5Y Return (annualized) | - | +9.33% |
| Volatility (annualized) | 29.6% | 11.3%Best |
| Max Drawdown | -25.1% | -13.6%Best |
| $10,000 over 2.7 years | $17,604Best | $15,908 |
| Fund Family | Matthews Asia Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Blend |
| Inception | Jan 10, 2024 | Jan 26, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Jan 11, 2024 to Sep 30, 2026 (2.7 years).
MCHS 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 2.7 years both funds cover.
MCHS vs VXUS Performance
Matthews China Discovery Active ETF (MCHS) is an ETF from Matthews Asia Funds and Vanguard Total International Stock ETF (VXUS) is an ETF from Vanguard (US). Over the past year MCHS returned +16.01% while VXUS returned +18.43%. Year to date, MCHS is up 18.41% versus a gain of 11.62% for VXUS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MCHS has been the more volatile fund, with annualized monthly volatility of 29.6% compared with 11.3% 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 -25.1% for MCHS and -13.6% 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 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MCHS charges 0.89% per year while VXUS charges 0.05%. On a $10,000 position that is $89 vs $5 annually, a gap of $84 per year that compounds over a long holding period. On income, MCHS currently yields 1.90% against 2.51% for VXUS.
Holdings Overlap
At least 45.9% of MCHS'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.
22 positions in common, counted across the 45 positions we hold weights for in MCHS and 8,082 in VXUS, against full books of 54 and 8,747.
Top Shared Holdings
| Stock | Weight in MCHS | Weight in VXUS | Difference |
|---|---|---|---|
| 1308:HKSitc International Holdings Co Ltd | 5.20% | 0.01% | 5.19% |
| 688200:SHBeijing Huafeng Test & Control Technology Co., Ltd. - Class A | 4.19% | 0.00% | 4.19% |
| 300750:SHContemporary Amperex Technology Con Ltd. | 3.97% | 0.04% | 3.93% |
| 603699:SHNeway Valve Suzhou Co Ltd | 3.74% | 0.00% | 3.74% |
| ATAT:SHAtour Lifestyle Holdings Limited Sponsored Adr (1 Ads : 3 Ordinary) | 3.35% | 0.01% | 3.34% |
| 3393:HKWasion Holdings Ltd | 2.73% | 0.00% | 2.73% |
| 425:HKMinth Group Ltd. | 2.59% | 0.01% | 2.58% |
| 605111:SHWuxi Nce Power Co. Ltd. | 2.57% | 0.00% | 2.57% |
| 9988:HKAlibaba Group Holding Ltd | 1.86% | 0.62% | 1.24% |
| 1801:HKInnovent Biologics Inc | 2.33% | 0.04% | 2.29% |
45.9% of MCHS 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MCHS or VXUS?
MCHS has an expense ratio of 0.89% while VXUS charges 0.05%. VXUS is the cheaper option, by $84 a year on a $10,000 investment.
Which performed better, MCHS or VXUS?
Over the past year MCHS returned +16.01% vs +18.43% for VXUS, so VXUS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MCHS or VXUS?
MCHS has been the more volatile fund at 29.6% annualized versus 11.3% for VXUS. Worst drawdown: MCHS -25.1% vs VXUS -13.6%.
Should I hold both MCHS and VXUS?
MCHS and VXUS have a monthly-return correlation of 0.55, 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 MCHS and VXUS?
At least 45.9% of MCHS's money is in holdings VXUS also owns. Our book for VXUS is partial, so the real figure is this or higher. They hold 22 positions in common, counted across the 45 positions we hold weights for in MCHS and 8,082 in VXUS.
Which pays a higher dividend, MCHS or VXUS?
MCHS yields 1.90% while VXUS yields 2.51%, so VXUS currently pays the higher dividend yield.
Is VXUS better than MCHS?
VXUS has a lower expense ratio. MCHS led over the full window, VXUS over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.