NBCEvsMCHETF Comparison
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Neuberger Berman China Equity ETF (NBCE) belongs to the Uncategorized Equities segment. Matthews China Active ETF (MCH) is part of the China Blended Cap segment. NBCE's top 3 sector exposures are Technology, Finance and Industrials. In contrast, MCH's top sector exposures are Finance, Technology and Non-Energy Materials. NBCE is more expensive with a Total Expense Ratio (TER) of 5.01%, versus 0.79% for MCH. NBCE is up 3% year-to-date (YTD) with +$6M in YTD flows. MCH performs worse with -11.24% YTD performance, and -$4M in YTD flows. Run a side-by-side ETF comparison of NBCE and MCH 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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NBCE vs MCH performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/20/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | NBCE MCH | -12.57%-10.05% | -8.75%-9.88% | +3.00%-11.24% | +8.16%-12.07% | +50.32%+37.79% | n/an/a |
| Flows | NBCE MCH | --$4M | +$985K-$4M | +$6M-$4M | +$8M-$4M | +$12M-$8M | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | NBCE MCH | +20.18%+18.75% | +22.74%+21.87% | +21.45%+25.29% | n/an/a |
| Max drawdown | NBCE MCH | -16.35%-14.73% | -24.72%-17.01% | -24.72%-23.38% | n/an/a |
| Max drawdown duration | NBCE MCH | 64d71d | 120d264d | 120d309d | n/an/a |
Trading data
NBCE | MCH | |
Last sale 10/20/2026 at 1:30 PM | $34.48 | $25.34 |
| Previous close 10/20/2026 | $34.58 | $25.52 |
| Consolidated volume 10/20/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/20/2026 at 1:30 PM
Live
Closed
NBCE | MCH | |
|---|---|---|
| Last price | $34.48 | $25.34 |
| 1D performance | -0.30% | -0.71% |
| AuM | $15.88 M | $16.12 M |
| E/R | 5.01% | 0.79% |
Characteristics
NBCE | MCH | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Neuberger Berman | Matthews Asia |
| Benchmark | - | - |
| N° of holdings | 70 | 51 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 16, 2023 | July 13, 2022 |
| ESG | No | No |
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Exposure
Countries
NBCE
China
92.02%
Other
7.98%
MCH
China
87.4%
Hong Kong
7.46%
Other
5.14%
Sectors
NBCE
Technology
35.29%
Finance
15.01%
Industrials
15%
Non-Energy Materi.
12.8%
Other
21.9%
MCH
Finance
28.62%
Technology
26.28%
Non-Energy Materi.
10.64%
Industrials
10.16%
Consumer Non-Cycl.
7.74%
Healthcare
7.12%
Other
9.44%
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Diversification
NBCE
Total weight of top 15 holdings out of 15
38.63%
MCH
Total weight of top 15 holdings out of 15
55.95%
Top 15 holdings
Data as of August 31, 2026
NBCE
Contemporary Amperex Technology Co., Ltd.
4.34%
Montage Technology Co., Ltd.
3.51%
Luxshare Precision Industry Co., Ltd.
3.28%
Cambricon Technologies Corp. Ltd.
3.14%
Kweichow Moutai Co., Ltd.
2.79%
China Merchants Bank Co., Ltd.
2.69%
Zhongji Innolight Co., Ltd.
2.42%
Ping An Insurance (Group) Co. of China Ltd.
2.39%
Chaozhou Three-Circle (Group) Co., Ltd.
2.17%
Industrial & Commercial Bank of China Ltd.
2.13%
Lenovo Group Ltd.
2.01%
NAURA Technology Group Co., Ltd.
1.97%
Weichai Power Co., Ltd.
1.95%
Midea Group Co. Ltd.
1.93%
China Yangtze Power Co., Ltd.
1.92%
MCH
Tencent Holdings Ltd.
12.86%
Alibaba Group Holding Ltd.
5.69%
Meituan
3.90%
China Construction Bank Corp.
3.59%
Ping An Insurance (Group) Co. of China Ltd.
3.09%
China International Capital Corp. Ltd.
3.02%
Zijin Mining Group Co., Ltd.
2.97%
China Life Insurance Co. Ltd.
2.95%
Jiangsu Zhongtian Technology Co., Ltd.
2.88%
China Merchants Bank Co., Ltd.
2.69%
Bank of Ningbo Co., Ltd.
2.62%
WuXi AppTec Co., Ltd.
2.56%
JD.com, Inc.
2.44%
China Merchants Securities Co., Ltd.
2.40%
Innovent Biologics, Inc.
2.30%
Frequently asked questions about NBCE and MCH
How have the NBCE and MCH ETFs performed in 2026?
As of October 20, 2026, NBCE is up 3% year-to-date (YTD), while MCH has lost -11.24%. That puts NBCE better performer ahead so far this year.
Which ETF is attracting more investor money: NBCE or MCH?
Year-to-date, the NBCE ETF saw +$6M in flows, compared to -$4M for MCH.
Which ETF is more volatile: NBCE or MCH?
Over the past year, NBCE had a volatility of 22.74%, while MCH experienced 21.87%.
Which ETF is bigger: NBCE or MCH?
As of October 20, 2026, NBCE holds $15.88 M in assets under management (AUM), while MCH manages $16.12 M.
What sectors do the NBCE and MCH ETFs invest in?
NBCE leans toward sectors like Technology, Finance and Industrials. Meanwhile, MCH focuses on Finance, Technology and Non-Energy Materials.
What are the top holdings of the NBCE ETF and MCH ETF?
NBCE top holdings include Contemporary Amperex Technology Co., Ltd., Montage Technology Co., Ltd. and Luxshare Precision Industry Co., Ltd.. MCH holds in its top three: Tencent Holdings Ltd., Alibaba Group Holding Ltd. and Meituan.
Which ETF is more diversified: NBCE or MCH?
NBCE holds 70 securities with 38.63% of its assets in the top 15. MCH has 52 securities and a top 15 weight of 55.95%.
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Latest news about NBCE & MCH
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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