Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 5, 2026MCHSS&P 500 · VOO
Matthews China Discovery Active ETF MCHSMCHS
$34.44
−1.9% last session
+6.1% YTD
Data as of 11/5/20264:00 PM ET · End-of-day
| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | −1.9% | −12.7% | −18.8% | +6.1% | +6.4% | — | — | +48.3% |
| Peer average | −0.2% | −3.5% | −12.4% | −11.6% | −12.9% | +25.3% | −24.5% | — |
| S&P 500 · VOO | −4.4% | −5.7% | −4.9% | +8.4% | +9.8% | +82.2% | +71.6% | — |
Key Statistics
Open all fund facts →- AUM
- $14M
- Expense ratio
- 0.99%
- Distribution yield
- 3.4%
- NAV
- $34.72
- Volume
- 2K
- Avg. volume 30D
- 4K
- High today
- $35.03
- Low today
- $34.44
- Previous close
- $35.10
- 52-week high
- $53.25
- 52-week low
- $31.36
- Our risk indicator
- 4/5
MCHS in One Breath
MCHS Among China ETFs
YTDEnd-of-day Nov 6, 2026 · 25 China ETFs by YTD
$10,000 in MCHS
5Y$10,000 in MCHS became
$14,826
In the S&P 500 (VOO)
$15,926
Total return, dividends in · Jan 11, 2024 – Nov 5, 2026 · S&P 500 uses VOO
MCHS’s Top Holdings
Today1308.HKSitc International6.3%9999.HK5.4%3750.HK4.6%ATAT3.9%000333.SZ3.8%6990.HK3.7%603699.SS3.6%LKNCY3.2%0425.HK3.1%1801.HK2.9%ONC2.7%0700.HK2.6%9987.HK2.5%605111.SS2.4%1651.HK2.3%0631.HK2.3%1276.HK2.1%3393.HK2.1%9988.HK2.1%0992.HK2.0%600900.SS2.0%002028.SZ2.0%22 more
1308.HK6.3%9999.HK5.4%3750.HK4.6%ATAT3.9%000333.SZ3.8%6990.HK3.7%603699.SS3.6%LKNCY3.2%0425.HK3.1%1801.HKONC0700.HK32 more
IndustrialsTechnologyConsumer CyclicalHealthcareCommunication ServicesOther
Matthews Asia MCHS · 44 holdings · tile size = share of the fund · as of Nov 5, 2026
What MCHS Holds
TodayIndustrials34.9%
1308.HK 6.3 · 3750.HK 4.6 · 603699.SS 3.6 · 1651.HK 2.3 · 0631.HK 2.3 · 3393.HK 2.1 · 002028.SZ 2.0
Technology29.9%
9999.HK 5.4 · 605111.SS 2.4 · 0992.HK 2.0 · 0522.HK 1.7 · 2454.TW 1.6 · 688012.SS 1.6 · 2313.TW 1.1
Consumer Cyclical18.6%
ATAT 3.9 · 000333.SZ 3.8 · LKNCY 3.2 · 0425.HK 3.1 · 9987.HK 2.5 · 9988.HK 2.1
Healthcare12.7%
6990.HK 3.7 · 1801.HK 2.9 · ONC 2.7 · 1276.HK 2.1 · 1548.HK · 2359.HK
Communication Services8.1%
0700.HK 2.6
Energy0.9%
002353.SZ
Basic Materials0.2%
[…]
Matthews Asia MCHS · share of the fund by sector · as of Nov 5, 2026
Sitc’s Share of MCHS
Today6.3%
$63 of every $1,000 in MCHS is Sitc
Sitc held by MCHS
$884K
Matthews Asia MCHS · each square = $10 of $1,000 · as of Nov 5, 2026
MCHS’s Share of China ETFs
Today0.1%
of the $19.3B in 25 China ETFs
$14.0M0.1%
$5.8B30.0%
$4.4B23.0%
$9.0B46.9%
China ETF AUM · Nov 6, 2026
MCHS Fee per $100 vs Peers
TodayExpense ratio · China peers · Nov 6, 2026
Inside MCHS
39 holdings · as of Nov 5, 2026MCHS
Matthews China Discovery Active ETF MCHS
TodayIndustrials34.9%1308.HK6.3%3750.HK4.6%603699.SS3.6%1651.HK2.3%0631.HK2.3%3393.HK2.1%002028.SZ2.0%Technology29.9%9999.HK5.4%605111.SS2.4%0992.HK2.0%0522.HK1.7%2454.TW1.6%ACMRConsumer Cyclical18.6%ATAT3.9%000333.SZ3.8%LKNCY3.2%0425.HK3.1%9987.HK2.5%9988.HK2.1%Healthcare12.7%6990.HK3.7%ONC1276.HK2.1%Communication Services8.1%Other4.3%
| # | Ticker | Company | Weight ▼ |
|---|---|---|---|
| 1 | 1308.HK | Sitc International | 6.31% |
| 2 | 9999.HK | Netease | 5.36% |
| 3 | 3750.HK | Contemporary Amperex Technology A Shares | 4.60% |
| 4 | ATAT | Atour Lifestyle | 3.86% |
| 5 | 000333.S | Midea Group A Shares | 3.78% |
| 6 | 6990.HK | Sichuan Kelun-biotech Biopharmaceutical H Shares | 3.74% |
| 7 | 603699.S | Neway Valve Suzhou A Shares | 3.60% |
| 8 | LKNCY | Luckin Coffee | 3.25% |
| 9 | 0425.HK | Minth Group | 3.10% |
| 10 | 1801.HK | Innovent Biologics | 2.89% |
IndustrialsTechnologyConsumer CyclicalHealthcareCommunication ServicesEnergyBasic MaterialsOther
Matthews Asia MCHS · current holdings by weight · as of Nov 5, 2026 · each tile is one holding · top 20 = 63.6%
All MCHS Holdings
44 holdings · as of Nov 5, 2026MCHS
MCHS’ Holdings
Today| # | ||||||
|---|---|---|---|---|---|---|
| 1 | —Cash AND Others | — | 10.85% | $1,084.52 | 0 | $1.5M |
| 2 | 1308.HKSitc International | Industrials | 6.31% | $630.98 | 139K | $876K |
| 3 | 9999.HKNetease | Technology | 5.36% | $535.68 | 6,135 | $744K |
| 4 | ATATAtour Lifestyle | Consumer Cyclical | 3.86% | $385.85 | 15K | $536K |
| 5 | 000333.SZMidea Group A Shares | Consumer Cyclical | 3.78% | $377.87 | 40K | $525K |
| 6 | 6990.HKSichuan Kelun-biotech Biopharmaceutical H Shares | Healthcare | 3.74% | $373.55 | 9,200 | $519K |
| 7 | 603699.SSNeway Valve Suzhou A Shares | Industrials | 3.60% | $359.77 | 93K | $500K |
| 8 | 3750.HKContemporary Amperex Technology A Shares | Industrials | 3.36% | $335.66 | 12K | $466K |
| 9 | LKNCYLuckin Coffee | Consumer Cyclical | 3.25% | $324.57 | 13K | $451K |
| 10 | 0425.HKMinth Group | Consumer Cyclical | 3.10% | $310.09 | 147K | $431K |
| 11 | —Acter Technology Integration Group A Shares | — | 2.97% | $296.56 | 41K | $412K |
| 12 | 1801.HKInnovent Biologics | Healthcare | 2.89% | $288.82 | 37K | $401K |
| 13 | ONCBeigene | Healthcare | 2.68% | $267.95 | 985 | $372K |
| 14 | 0700.HKTencent | Communication Services | 2.62% | $261.70 | 7,100 | $363K |
| 15 | 9987.HKYUM China | Consumer Cyclical | 2.55% | $254.74 | 7,121 | $354K |
Matthews Asia MCHS · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 5, 2026
How It Compares
MCHS
Matthews China Discovery Active ETF MCHS’s Peers
1YChina peers · Past-year and ytd returns · as of Nov 6, 2026 · sorted by AUM
Head to Head
Put MCHS head to head with MCHI →MCHI vs MCHS
YTDYear to date
MCHS wins+18.9 pts
Past year
MCHS wins+21.9 pts
Fee
MCHI winslower fee
Yield
MCHS wins+1.3 pts
AUM
MCHI413.0× more
3–1MCHS wins
iShares MCHI and Matthews Asia MCHS · year-to-date · as of Nov 6, 2026 · AUM not scored
China vs Thematic
Average · 1YMCHI
−15.5%
MCHS
+6.4%
Thematic average
+1.4%
MCHI, MCHS and the average thematic ETF · 1Y return · as of Nov 6, 2026
MCHS vs VOO
1YMCHS · Matthews China Discovery Active ETF MCHS
+6.4%
VOO · S&P 500
+9.8%
Gap
3.4 pts
Matthews Asia MCHS and Vanguard VOO · 1Y total return · as of Nov 6, 2026
MCHS vs Its Peer Average
YTDMCHSAvsBPeer average
1D−1.9%−0.2%
1M−12.7%−3.5%
3M−18.8%−12.4%
YTD+6.1%−11.6%
1Y+6.4%−12.9%
3Y[…]+25.3%
5Y[…]−24.5%
2–3Peer average wins
24 China peers · each row scaled to its leader
The Details
MCHS
Risk
1Y4/5our risk indicator
CalmerBumpier
Volatility · 1Y30.38%
Deepest drop · 1Y−36.7%
Lowest point · 5Y−11.3%
52-week range
$34.44
$31.36−35.3% from the high$53.25
Matthews Asia MCHS · past-year price moves · as of Nov 6, 2026
MCHS
Fund Facts
Today2024launched Jan 10
Tracks[…]
Exchange · CUSIPNASDAQ · 577125735
StructureETF
Leverage1x
Cost on $10,000$99 a year
Go deeper
Matthews Asia MCHS · fund facts · as of Nov 6, 2026
MCHS
Payouts by Year
2Y$1.16per share, Dec 2025
Distribution yield3.4%
Paid[…]
Latest ex-date · paidDec 17 · Dec 22, 2025
2 payouts added up$2.56 a share
Matthews Asia MCHS · distributions by ex-date · 2024–2025
All Fund FactsDocuments · trading · fees · every payout
Prospectus & Documents
SEC reported portfolio · 2026-06-30 ↗SEC reported portfolio · 2026-03-31 ↗summary prospectus · SEC 497K ↗prospectus · SEC 485APOS ↗SEC reported portfolio · 2025-12-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-09-30 ↗SEC reported portfolio · 2025-06-30 ↗SEC reported portfolio · 2025-03-31 ↗summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2024-12-31 ↗SEC reported portfolio · 2024-09-30 ↗SEC reported portfolio · 2024-06-28 ↗SEC reported portfolio · 2024-03-28 ↗summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗
Trading & Liquidity
Net asset value$34.72
Premium / discount[…]
Median spread · 30D[…]
Volume today2K
Average volume · 30D4K
Shares outstanding[…]
Options[…]
Fees & Costs
Net expense ratio0.99%
Gross expense ratio[…]
Management fee[…]
Cost on $10,000 a year$99.00
Our risk indicator4/5
Estimated yearly cost excludes trading costs and assumes constant assets.
Distributions
| Ex-date | Paid | Per share |
|---|---|---|
| Dec 17, 2025 | Dec 22, 2025 | $1.16 |
| Dec 18, 2024 | Dec 23, 2024 | $1.41 |
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