EWJ vs MCHI
iShares MSCI Japan ETF vs iShares MSCI China ETF
Last updated: 2026-04-02
iShares MSCI Japan ETF (EWJ) is an exchange-traded fund that provides exposure to japan equity securities. It charges an above-average expense ratio of 0.49%. The fund offers a high dividend yield of 4.22%. Launched in 1996, the fund has a 30-year track record.
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.
Quick Verdict
EWJ 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, EWJ has significantly outperformed with a 26.8% return vs 2.7%. Income investors may prefer EWJ for its higher yield (4.2% vs 2.3%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
0 of top 10 holdings overlap (0% overlap in top holdings)
EWJ Top Holdings
| Name | Weight |
|---|---|
| Toyota Motor Corporation!tyo/7203 | 4.27% |
| Mitsubishi UFJ Financial Group, Inc.!tyo/8306 | 4.05% |
| Hitachi, Ltd.!tyo/6501 | 2.86% |
| Sony Group Corporation!tyo/6758 | 2.61% |
| Sumitomo Mitsui Financial Group, Inc.!tyo/8316 | 2.54% |
| Mitsubishi Corporation!tyo/8058 | 2.46% |
| Tokyo Electron Limited!tyo/8035 | 2.33% |
| Advantest Corporation!tyo/6857 | 2.23% |
| Mitsui & Co., Ltd.!tyo/8031 | 2.14% |
| Mizuho Financial Group, Inc.!tyo/8411 | 2.10% |
MCHI Top Holdings
| Name | Weight |
|---|---|
| Tencent Holdings Limited!hkg/0700 | 15.25% |
| Alibaba Group Holding Limited!hkg/9988 | 10.18% |
| China Construction Bank Corporation!hkg/0939 | 3.75% |
| Xiaomi Corporation!hkg/1810 | 2.74% |
| PDD Holdings Inc.PDD | 2.68% |
| Industrial and Commercial Bank of China Limited!hkg/1398 | 2.08% |
| Meituan!hkg/3690 | 2.06% |
| Ping An Insurance (Group) Company of China, Ltd.!hkg/2318 | 1.92% |
| BYD Company Limited!hkg/1211 | 1.90% |
| Bank of China Limited!hkg/3988 | 1.67% |
Which One Should You Choose?
Choose EWJ if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose EWJ if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
Choose EWJ if...
you prioritize dividend income and want higher regular distributions from your portfolio.