MCHS vs VXUS

Quick Verdict

VXUS has a lower expense ratio. MCHS delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.

Lower Fees: VXUSHigher Returns: MCHSMore Diversified: VXUS

Side-by-Side Comparison

MetricMCHSVXUSWinner
Expense Ratio0.89%0.05%
AUM$20M$156.5B
Dividend Yield1.56%2.60%
Holdings558,747
YTD Return+27.51%+14.57%
1Y Return+39.08%+27.82%
3Y Return (annualized)-+19.27%
5Y Return (annualized)-+9.28%
Volatility (annualized)29.8%15.1%
Max Drawdown-24.8%-39.9%
Fund FamilyMatthews Asia FundsVanguard (US)
CategoryEquityEquity
InceptionJan 10, 2024Jan 26, 2011

MCHS vs VXUS Performance

Matthews China Discovery Active ETF (MCHS) is a ETF from Matthews Asia Funds and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year MCHS returned +39.08% while VXUS returned +27.82%. Year to date, MCHS is up 27.51% versus a gain of 14.57% for VXUS.

Risk: Volatility and Drawdowns

MCHS has been the more volatile fund, with annualized monthly volatility of 29.8% compared with 15.1% 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 -24.8% for MCHS and -39.9% for VXUS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.

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 1.56% against 2.60% for VXUS.

Holdings Overlap

0.1%overlap

MCHS and VXUS share 33 holdings out of 7879 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in MCHSWeight in VXUSDifference
3393:HK5.70%0.00%5.70%
ATAT:SH4.70%0.01%4.69%
3081:TW4.00%0.01%3.99%
425:HKProProPro
1729:HKProProPro
300487:SHProProPro
605376:SHProProPro
1308:HKProProPro
605111:SHProProPro
1888:HKProProPro
See all 10 holdings MCHS shares with VXUS
Exact weights in each fund and the difference, for every overlapping position.
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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. On a $10,000 investment, that is $84 per year of difference.

Which performed better, MCHS or VXUS?

Over the past year MCHS returned +39.08% vs +27.82% for VXUS, so MCHS leads on 1-year performance. Over the longest common window we track (3 years), MCHS annualized +28.44% vs +4.86% for VXUS. Past performance does not guarantee future results.

Which is riskier, MCHS or VXUS?

MCHS has been the more volatile fund at 29.8% annualized versus 15.1% for VXUS. Worst drawdown: MCHS -24.8% vs VXUS -39.9%.

Should I hold both MCHS and VXUS?

MCHS and VXUS have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between MCHS and VXUS?

MCHS and VXUS share 33 common holdings with a 0.1% weight overlap. Combined, they hold 7879 unique securities.

Which pays a higher dividend, MCHS or VXUS?

MCHS yields 1.56% while VXUS yields 2.60%, so VXUS currently pays the higher dividend yield.

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