ETF Versus

EWG vs MCHI

iShares MSCI Germany ETF vs iShares MSCI China ETF

Last updated: 2026-04-02

EWG

iShares MSCI Germany ETF (EWG) is an exchange-traded fund that provides exposure to germany equity securities. It charges an above-average expense ratio of 0.49%. The fund offers a moderate dividend yield of 1.69%. Launched in 1996, the fund has a 30-year track record.

AUM: $1.4B ER: 0.49% Yield: 1.69% Since: Mar 12, 1996

iShares MSCI China ETF (MCHI) is an exchange-traded fund that provides exposure to china equity securities. It charges a high expense ratio of 0.59%. The fund offers a moderate dividend yield of 2.27%. Launched in 2011, the fund has a 15-year track record.

AUM: $6.5B ER: 0.59% Yield: 2.27% Since: Mar 29, 2011

Quick Verdict

EWG is significantly cheaper at 0.49% vs 0.59% expense ratio, saving you approximately $191 per $10,000 invested over 10 years. Over the past year, EWG has significantly outperformed with a 7.8% return vs 2.7%. Income investors may prefer MCHI for its higher yield (2.3% vs 1.7%).

Key Metrics

Metric EWG MCHI
Expense Ratio 0.49% 0.59%
Dividend Yield 1.7% 2.3%
Fund Family N/A N/A
Category Germany Equity China Equity

Performance Chart

Indexed to 100 at start (5-year comparison)

40 58 76 94 112 130 2021-04 2022-06 2023-09 2024-12 2026-04
EWG +15.9%
MCHI -32.6%

Performance Comparison

Period EWG MCHI Difference
1 Month -6.32% -4.29% -2.03%
3 Months -5.55% -10.03% +4.48%
6 Months -5.26% -15.85% +10.59%
YTD -5.55% -10.03% +4.48%
1 Year +7.80% +2.66% +5.14%
3 Years +40.90% +12.27% +28.63%
5 Years +15.88% -32.61% +48.49%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period EWG Fees MCHI Fees You Save
$10.000 10 years $960 $1.151 $191
$10.000 20 years $4.052 $4.837 $785
$10.000 30 years $12.832 $15.249 $2.417
$50.000 10 years $4.799 $5.754 $955
$50.000 30 years $64.162 $76.247 $12.085
$100.000 30 years $128.324 $152.494 $24.171

Risk Metrics

Based on 5 years of daily returns

Metric EWG MCHI
Annualized Volatility 20.5% 30.8%
Max Drawdown -46.5% -57.7%
Sharpe Ratio 0.03 -0.25

Dividend Comparison

Metric EWG MCHI
Annual Dividend (per share) $0.68 $1.27
Dividend Yield 1.69% 2.27%
Distribution Frequency Semi-Annual or Annual Semi-Annual or Annual

Top Holdings

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

EWG Top Holdings

NameWeight
Siemens Aktiengesellschaft!etr/SIE10.07%
SAP SE!etr/SAP9.63%
Allianz SE!etr/ALV8.63%
Deutsche Telekom AG!etr/DTE7.54%
Siemens Energy AG!etr/ENR7.24%
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München!etr/MUV24.42%
Rheinmetall AG!etr/RHM4.11%
Infineon Technologies AG!etr/IFX3.16%
BASF SE!etr/BAS3.01%
Deutsche Bank Aktiengesellschaft!etr/DBK2.92%

MCHI Top Holdings

NameWeight
Tencent Holdings Limited!hkg/070015.25%
Alibaba Group Holding Limited!hkg/998810.18%
China Construction Bank Corporation!hkg/09393.75%
Xiaomi Corporation!hkg/18102.74%
PDD Holdings Inc.PDD2.68%
Industrial and Commercial Bank of China Limited!hkg/13982.08%
Meituan!hkg/36902.06%
Ping An Insurance (Group) Company of China, Ltd.!hkg/23181.92%
BYD Company Limited!hkg/12111.90%
Bank of China Limited!hkg/39881.67%

Which One Should You Choose?

Choose EWG if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose EWG if...

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

Choose MCHI if...

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

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