ETF Versus

EWY vs MCHI

iShares MSCI South Korea ETF vs iShares MSCI China ETF

Last updated: 2026-04-02

EWY

iShares MSCI South Korea ETF (EWY) is an exchange-traded fund that provides exposure to south korea equity securities. It charges a high expense ratio of 0.59%. The fund offers a moderate dividend yield of 1.61%. Launched in 2000, the fund has a 26-year track record.

AUM: $15.6B ER: 0.59% Yield: 1.61% Since: May 9, 2000

iShares MSCI China ETF (MCHI) is an exchange-traded fund that provides exposure to china equity securities. It charges a high expense ratio of 0.59%. The fund offers a moderate dividend yield of 2.27%. Launched in 2011, the fund has a 15-year track record.

AUM: $6.5B ER: 0.59% Yield: 2.27% Since: Mar 29, 2011

Quick Verdict

Over the past year, EWY has significantly outperformed with a 130.1% return vs 2.7%. Income investors may prefer MCHI for its higher yield (2.3% vs 1.6%).

Key Metrics

Metric EWY MCHI
Expense Ratio 0.59% 0.59%
Dividend Yield 1.6% 2.3%
Fund Family N/A N/A
Category South Korea Equity China Equity

Performance Chart

Indexed to 100 at start (5-year comparison)

40 65 90 115 140 165 2021-04 2022-06 2023-09 2024-12 2026-04
EWY +37.4%
MCHI -32.6%

Performance Comparison

Period EWY MCHI Difference
1 Month -14.45% -4.29% -10.16%
3 Months +23.48% -10.03% +33.51%
6 Months +50.53% -15.85% +66.38%
YTD +23.48% -10.03% +33.51%
1 Year +130.12% +2.66% +127.46%
3 Years +107.39% +12.27% +95.12%
5 Years +37.40% -32.61% +70.01%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period EWY Fees MCHI Fees You Save
$10.000 10 years $1.151 $1.151 $0
$10.000 20 years $4.837 $4.837 $0
$10.000 30 years $15.249 $15.249 $0
$50.000 10 years $5.754 $5.754 $0
$50.000 30 years $76.247 $76.247 $0
$100.000 30 years $152.494 $152.494 $0

Risk Metrics

Based on 5 years of daily returns

Metric EWY MCHI
Annualized Volatility 26.8% 30.8%
Max Drawdown -49.6% -57.7%
Sharpe Ratio 0.20 -0.25

Dividend Comparison

Metric EWY MCHI
Annual Dividend (per share) $2.04 $1.27
Dividend Yield 1.61% 2.27%
Distribution Frequency Semi-Annual or Annual Semi-Annual or Annual

Top Holdings

0 of top 10 holdings overlap (0% overlap in top holdings)

EWY Top Holdings

NameWeight
Samsung Electronics Co., Ltd.!krx/00593022.19%
SK hynix Inc.!krx/00066019.82%
Hyundai Motor Company!krx/0053802.73%
KB Financial Group Inc.!krx/1055602.30%
SK Square Co., Ltd.!krx/4023402.19%
Hanwha Aerospace Co., Ltd.!krx/0124501.88%
Doosan Enerbility Co., Ltd.!krx/0340201.83%
Shinhan Financial Group Co., Ltd.!krx/0555501.69%
Kia Corporation!krx/0002701.53%
Celltrion, Inc.!krx/0682701.37%

MCHI Top Holdings

NameWeight
Tencent Holdings Limited!hkg/070015.25%
Alibaba Group Holding Limited!hkg/998810.18%
China Construction Bank Corporation!hkg/09393.75%
Xiaomi Corporation!hkg/18102.74%
PDD Holdings Inc.PDD2.68%
Industrial and Commercial Bank of China Limited!hkg/13982.08%
Meituan!hkg/36902.06%
Ping An Insurance (Group) Company of China, Ltd.!hkg/23181.92%
BYD Company Limited!hkg/12111.90%
Bank of China Limited!hkg/39881.67%

Which One Should You Choose?

Choose EWY if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose MCHI if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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