ETF Versus

EWT vs MCHI

iShares MSCI Taiwan ETF vs iShares MSCI China ETF

Last updated: 2026-04-10

EWT iShares

iShares MSCI Taiwan ETF (EWT) is an exchange-traded fund issued by iShares that provides exposure to taiwan equity securities. It charges a high expense ratio of 0.59%. The fund offers an attractive dividend yield of 3.66%. Launched in 2000, the fund has a 26-year track record.

AUM: $7.6B ER: 0.59% Yield: 3.66% Since: Jun 20, 2000
MCHI iShares

iShares MSCI China ETF (MCHI) is an exchange-traded fund issued by iShares that provides exposure to china equity securities. It charges a high expense ratio of 0.59%. The fund offers a moderate dividend yield of 2.22%. Launched in 2011, the fund has a 15-year track record.

AUM: $6.8B ER: 0.59% Yield: 2.22% Since: Mar 29, 2011

Quick Verdict

Over the past year, EWT has significantly outperformed with a 77.5% return vs 19.3%. Income investors may prefer EWT for its higher yield (3.7% vs 2.2%).

Key Metrics

Metric EWT MCHI
Expense Ratio 0.59% 0.59%
Dividend Yield 3.7% 2.2%
Fund Family iShares iShares
Category Taiwan Equity China Equity

Performance Chart

Indexed to 100 at start (5-year comparison)

40 58 76 94 112 130 2021-04 2022-07 2023-10 2025-01 2026-04
EWT +26.4%
MCHI -29.8%

Performance Comparison

Period EWT MCHI Difference
1 Month +6.92% -1.84% +8.76%
3 Months +15.41% -10.92% +26.33%
6 Months +19.09% -9.57% +28.66%
YTD +18.70% -8.03% +26.73%
1 Year +77.48% +19.30% +58.18%
3 Years +70.06% +15.50% +54.56%
5 Years +26.35% -29.77% +56.12%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period EWT 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 EWT MCHI
Annualized Volatility 24.3% 30.7%
Max Drawdown -41.3% -57.7%
Sharpe Ratio 0.13 -0.23

Dividend Comparison

Metric EWT MCHI
Annual Dividend (per share) $2.82 $1.27
Dividend Yield 3.66% 2.22%
Distribution Frequency Semi-Annual or Annual Semi-Annual or Annual

Top Holdings

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

EWT Top Holdings

NameWeight
Taiwan Semiconductor Manufacturing Company Limited!tpe/233021.73%
Delta Electronics, Inc.!tpe/23085.22%
Hon Hai Precision Industry Co., Ltd.!tpe/23173.85%
MediaTek Inc.!tpe/24543.75%
ASE Technology Holding Co., Ltd.!tpe/37112.45%
Elite Material Co., Ltd.!tpe/23832.29%
Unimicron Technology Corp.!tpe/30372.18%
Accton Technology Corporation!tpe/23452.10%
CTBC Financial Holding Co., Ltd.!tpe/28911.82%
Asia Vital Components Co., Ltd.!tpe/30171.77%

MCHI Top Holdings

NameWeight
Tencent Holdings Limited!hkg/070015.16%
Alibaba Group Holding Limited!hkg/998810.15%
China Construction Bank Corporation!hkg/09393.81%
PDD Holdings Inc.PDD2.69%
Xiaomi Corporation!hkg/18102.63%
Industrial and Commercial Bank of China Limited!hkg/13982.08%
Meituan!hkg/36902.05%
Ping An Insurance (Group) Company of China, Ltd.!hkg/23181.95%
BYD Company Limited!hkg/12111.84%
Bank of China Limited!hkg/39881.66%

Which One Should You Choose?

Choose EWT if...

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

Choose EWT if...

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

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