Summary
MCHS
Prices · period metrics · 12M
NAV as of 21/07/2026
02/04/2025 → 02/04/2026
Return 40.11% Volatility 25.74% Sharpe 1.12
Official loaded data — not a live quote.

MATTHEWS CHINA DISCOVERY ACTIVE ETF

Symbol: MCHS

Exchange: NASDAQ

Sector: Technology

Category: Greater China Region

Inception date: 10/01/2024

Latest date: 21/07/2026

Current price: $42.21

Expense ratio: 0.89%

Assets under management
$24.9M
0.14% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-18.12%

Ann. -71.82% (Sharpe / Sortino numerator)

Volatility

28.98%

Sharpe ratio

-2.604

VaR 95%

-2.66%

CVaR 95%: -3.94%
Max drawdown: -8.65%
Sortino ratio: -3.723
Calmar ratio: -8.30

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

1.86%

Ann. 41.17% (Sharpe / Sortino numerator)

Volatility

24.15%

Sharpe ratio

1.554

VaR 95%

-2.08%

CVaR 95%: -3.11%
Max drawdown: -12.15%
Sortino ratio: 2.208
Calmar ratio: 3.39

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

18.62%

Ann. 14.06% (Sharpe / Sortino numerator)

Volatility

21.85%

Sharpe ratio

0.477

VaR 95%

-2.06%

CVaR 95%: -3.16%
Max drawdown: -12.15%
Sortino ratio: 0.640
Calmar ratio: 1.16

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

40.11%

Ann. 32.45% (Sharpe / Sortino numerator)

Volatility

25.74%

Sharpe ratio

1.120

VaR 95%

-2.19%

CVaR 95%: -3.74%
Max drawdown: -13.95%
Sortino ratio: 1.397
Calmar ratio: 2.33

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

87.21%

Ann. 42.14% (Sharpe / Sortino numerator)

Volatility

30.06%

Sharpe ratio

1.283

VaR 95%

-2.39%

CVaR 95%: -4.07%
Max drawdown: -23.75%
Sortino ratio: 1.734
Calmar ratio: 1.77

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 21/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.152%

Best day

6.511%

15/06/2026
Worst day

-8.439%

02/07/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
21/07/2026 $42.15 $42.21 $42.15 $42.21 1,100
20/07/2026 $40.37 $40.45 $40.18 $40.18 3,300
17/07/2026 $40.55 $40.89 $40.52 $40.78 6,700
16/07/2026 $43.36 $43.36 $42.71 $42.75 89,600
15/07/2026 $45.31 $45.72 $45.10 $45.34 4,900
14/07/2026 $46.55 $46.55 $46.35 $46.45 19,800
13/07/2026 $45.50 $45.50 $45.08 $45.08 4,600
10/07/2026 $47.83 $47.83 $46.96 $47.38 9,800
09/07/2026 $48.12 $48.32 $48.12 $48.32 42,500
08/07/2026 $46.11 $46.14 $45.62 $46.06 3,900