ETF Versus

INDA vs MCHI

iShares MSCI India ETF vs iShares MSCI China ETF

Last updated: 2026-04-02

iShares MSCI India ETF (INDA) is an exchange-traded fund that provides exposure to india equity securities. It charges a high expense ratio of 0.61%. Launched in 2012, the fund has a 14-year track record.

AUM: $7.0B ER: 0.61% Yield: N/A Since: Feb 2, 2012

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

MCHI has a slightly lower expense ratio (0.59% vs 0.61%), saving about $38 per $10,000 over 10 years. Over the past year, MCHI has significantly outperformed with a 2.7% return vs -8.5%.

Key Metrics

Metric INDA MCHI
Expense Ratio 0.61% 0.59%
Dividend Yield N/A 2.3%
Fund Family N/A N/A
Category India Equity China Equity

Performance Chart

Indexed to 100 at start (5-year comparison)

40 61 82 103 124 145 2021-04 2022-06 2023-09 2024-12 2026-04
INDA +11.3%
MCHI -32.6%

Performance Comparison

Period INDA MCHI Difference
1 Month -8.32% -4.29% -4.03%
3 Months -14.39% -10.03% -4.36%
6 Months -10.94% -15.85% +4.91%
YTD -14.39% -10.03% -4.36%
1 Year -8.50% +2.66% -11.16%
3 Years +18.28% +12.27% +6.01%
5 Years +11.35% -32.61% +43.96%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period INDA Fees MCHI Fees You Save
$10.000 10 years $1.189 $1.151 $38
$10.000 20 years $4.992 $4.837 $155
$10.000 30 years $15.725 $15.249 $476
$50.000 10 years $5.944 $5.754 $190
$50.000 30 years $78.625 $76.247 $2.378
$100.000 30 years $157.251 $152.494 $4.756

Risk Metrics

Based on 5 years of daily returns

Metric INDA MCHI
Annualized Volatility 15.7% 30.8%
Max Drawdown -25.1% -57.7%
Sharpe Ratio -0.07 -0.25

Dividend Comparison

Metric INDA MCHI
Annual Dividend (per share) $0.00 $1.27
Dividend Yield 0.00% 2.27%
Distribution Frequency None Semi-Annual or Annual

Top Holdings

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

INDA Top Holdings

NameWeight
HDFC Bank Limited!nse/HDFCBANK6.97%
Reliance Industries Limited!nse/RELIANCE6.59%
ICICI Bank Limited!nse/ICICIBANK5.29%
Bharti Airtel Limited!nse/BHARTIARTL3.80%
Infosys Limited!nse/INFY3.31%
BLK CSH FND TREASURY SL AGENCYXTSLA2.38%
Mahindra & Mahindra Limited!nse/M&M2.28%
Axis Bank Limited!nse/AXISBANK2.24%
Larsen & Toubro Limited!nse/LT1.93%
Bajaj Finance Limited!nse/BAJFINANCE1.90%

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 MCHI if...

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

Choose MCHI if...

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

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