MCHI
iShares MSCI China ETF
#8 of 10 in Emerging Markets by own-history percentile (high → low)
Relative to SPY
Relative price history
MCHI ÷ SPY, 10-year range, as of Sep 18, 2026
How the reading moved
These changes re-score an older MCHI÷SPY ratio against today's 10-year window, so they show whether the relative price has drifted toward the highs or lows of its own history — not a peer ranking and not a return forecast.
- About one week: -1.1 pts (from 1.6% on Aug 31, 2026 to 0.5% now)
- About one month: -4.3 pts (from 4.8% on Jul 31, 2026 to 0.5% now)
Emerging Markets
Where this sits among peers
Emerging Markets · MCHI highlighted · same axes as the category chart on the home page
Top holdings
Holdings snapshot as of Jul 17, 2026.
What moves this
MCHI has swung through unusually wide valuation ranges over the past decade — driven by regulatory-crackdown cycles on technology and education companies, and by stress in the property sector — that go well beyond the kind of variation seen in most other single-country funds on this site.
FAQ
Why has China's valuation range been so wide compared to other markets?
Periods of regulatory crackdowns on specific industries and, separately, stress in the real estate sector have driven larger valuation swings than typically seen in other major single-country indices.
Is this fund mostly technology companies?
Large internet and technology platforms make up a significant share, alongside financials and consumer companies, though the exact mix has shifted as regulatory pressure hit specific industries at different times.
How large is China's weight within the broader emerging-markets basket?
China is typically one of the largest single-country weights in the broader EM basket, so its swings often move that broader basket's relative price too.
Emerging Markets