MCHvsCXSEETF Comparison
VS
ETF 2
CXSE
WisdomTree China ex-State-Owned Enterprises Fund
This fund is part of
China Blended Cap
+0.25%
Matthews China Active ETF (MCH) and WisdomTree China ex-State-Owned Enterprises Fund (CXSE) belong to the same industry segment: China Blended Cap. MCH's top 3 sector exposures are Finance, Technology and Industrials. In contrast, CXSE's top sector exposures are Technology, Consumer Non-Cyclicals and Industrials. MCH is more expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.32% for CXSE. MCH is down -2.89% year-to-date (YTD) with -$580K in YTD flows. CXSE performs worse with -10.01% YTD performance, and +$17M in YTD flows. Run a side-by-side ETF comparison of MCH and CXSE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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MCH vs CXSE performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/14/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MCH CXSE | -2.95%-5.34% | -7.75%-8.70% | -2.89%-10.01% | -5.52%-14.23% | +37.43%+25.24% | n/a-29.52% |
| Flows | MCH CXSE | -$580K- | -$580K- | -$580K+$17M | -$1M+$26M | -$13M-$186M | --$31M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MCH CXSE | +23.61%+22.96% | +22.57%+21.70% | +25.42%+24.56% | n/a+28.04% |
| Max drawdown | MCH CXSE | -9.58%-8.70% | -15.02%-18.80% | -23.38%-22.37% | n/a-57.72% |
| Max drawdown duration | MCH CXSE | 84d91d | 228d347d | 309d161d | n/a1785d |
Trading data
MCH | CXSE | |
Last sale 9/14/2026 at 1:30 PM | $27.71 | $35.94 |
| Previous close 09/14/2026 | $27.65 | $36.31 |
| Consolidated volume 09/14/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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MCH
is actively managed and doesn’t replicate an indexMCH | CXSE | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/14/2026 at 1:30 PM
Live
Closed
MCH | CXSE | |
|---|---|---|
| Last price | $27.71 | $35.94 |
| 1D performance | +0.23% | -1.02% |
| AuM | $21.50 M | $466.19 M |
| E/R | 0.79% | 0.32% |
Characteristics
MCH | CXSE | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Matthews Asia | WisdomTree |
| Benchmark | - | WisdomTree China ex-State-Owned Enterprises Index |
| N° of holdings | 52 | 248 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 13, 2022 | September 19, 2012 |
| ESG | No | No |
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Exposure
Countries
MCH
China
88.38%
Other
11.62%
CXSE
China
91.09%
Other
8.91%
Sectors
MCH
Finance
27.26%
Technology
26.59%
Industrials
12.03%
Non-Energy Materi.
9.27%
Consumer Non-Cycl.
8.75%
Other
16.11%
CXSE
Technology
35.12%
Consumer Non-Cycl.
16.35%
Industrials
12.72%
Consumer Cyclical.
9.68%
Healthcare
9.35%
Other
16.78%
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Diversification
MCH
Total weight of top 15 holdings out of 15
56.79%
CXSE
Total weight of top 15 holdings out of 15
44.69%
Top 15 holdings
Data as of July 31, 2026
MCH
Tencent Holdings Ltd.
13.52%
Alibaba Group Holding Ltd.
6.64%
Meituan
4.73%
Ping An Insurance (Group) Co. of China Ltd.
3.21%
China International Capital Corp. Ltd.
3.03%
China Life Insurance Co. Ltd.
2.96%
Zijin Mining Group Co., Ltd.
2.84%
JD.com, Inc.
2.80%
China Merchants Bank Co., Ltd.
2.78%
China Construction Bank Corp.
2.74%
Jiangsu Zhongtian Technology Co., Ltd.
2.68%
Contemporary Amperex Technology Co., Ltd.
2.31%
China Merchants Securities Co., Ltd.
2.25%
New China Life Insurance Co., Ltd.
2.17%
PDD Holdings, Inc.
2.12%
CXSE
Tencent Holdings Ltd.
8.14%
Alibaba Group Holding Ltd.
7.31%
Contemporary Amperex Technology Co., Ltd.
4.93%
Zhongji Innolight Co., Ltd.
3.69%
Ping An Insurance (Group) Co. of China Ltd.
2.53%
Xiaomi Corp.
2.24%
PDD Holdings, Inc.
2.18%
Meituan
2.12%
Eoptolink Technology Inc., Ltd.
2.10%
Midea Group Co. Ltd.
1.83%
Ping An Insurance (Group) Co. of China Ltd.
1.69%
NetEase, Inc.
1.56%
BYD Co., Ltd.
1.50%
JD.com, Inc.
1.48%
Cambricon Technologies Corp. Ltd.
1.39%
Frequently asked questions about MCH and CXSE
How have the MCH and CXSE ETFs performed in 2026?
As of September 14, 2026, MCH is down -2.89% year-to-date (YTD), while CXSE has lost -10.01%. That puts MCH better performer ahead so far this year.
Which ETF is attracting more investor money: MCH or CXSE?
Year-to-date, the MCH ETF saw -$580K in flows, compared to +$17M for CXSE.
Which ETF is more volatile: MCH or CXSE?
Over the past year, MCH had a volatility of 22.57%, while CXSE experienced 21.7%.
Which ETF is bigger: MCH or CXSE?
As of September 14, 2026, MCH holds $21.50 M in assets under management (AUM), while CXSE manages $466.19 M.
What sectors do the MCH and CXSE ETFs invest in?
MCH leans toward sectors like Finance, Technology and Industrials. Meanwhile, CXSE focuses on Technology, Consumer Non-Cyclicals and Industrials.
What are the top holdings of the MCH ETF and CXSE ETF?
MCH top holdings include Tencent Holdings Ltd., Alibaba Group Holding Ltd. and Meituan. CXSE holds in its top three: Tencent Holdings Ltd., Alibaba Group Holding Ltd. and Contemporary Amperex Technology Co., Ltd..
Which ETF is more diversified: MCH or CXSE?
MCH holds 53 securities with 56.79% of its assets in the top 15. CXSE has 260 securities and a top 15 weight of 44.69%.
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Latest news about MCH & CXSE
Andrew Mattock - Matthews China Active ETF (MCH)
March 15, 2023
MCH
Exploring fresh dividend investing strategies and foreign stocks
September 17, 2022
MCH
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