CQQQ vs MCHI: Differences, Returns & Fees

CQQQ and MCHI hold 19% of their weight in the same names, and MCHI returned −17.8% over the year. Net assets on Oct 9, 2026: $2.4bn for Invesco China Technology ETF and $6.0bn for iShares MSCI China ETF.

MCHI costs 0.06 points a year less; their one-year returns differ by 6.0 points; MCHI is 2.5 times larger.

CQQQMCHI
Expense ratio0.65%0.59%
Net assets$2.4bn$6.0bn
Total return, 1 year−23.8%−17.8%
What it tracksBlended - FTSE China Incl A 25% Technology Capped IndexMSCI China Index
Holdings in common19%
Holdings datedOct 10, 2026Oct 8, 2026
Top ten holdings, share of the fund51.2%41.1%
Below its high58.1%, high on Feb 16, 202139.9%, high on Feb 17, 2021

Holdings in common uses holdings dated Oct 8, 2026 and Oct 9, 2026.

−23.8%
CQQQ total return, 1 year
−17.8%
MCHI total return, 1 year
0.65%
CQQQ expense ratio
0.59%
MCHI expense ratio

What they hold in common

By the books each fund has filed, CQQQ and MCHI hold 19% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 8, 2026 and Oct 9, 2026.

half

19% in common

Positions both hold, largest shared weight first
Holding CQQQ MCHI
Tencent Holdings Ltd 10.42% 13.48%
Meituan 10.05% 1.86%
PDD Holdings Inc 10.91% 1.69%
Baidu Inc 6.46% 0.91%
Kuaishou Technology 3.87% 0.43%
Hua Hong Grace Semiconductor Ltd 2.50% 0.37%
Kingboard Laminates Holdings Ltd 2.10% 0.32%
Sunny Optical Technology Group Co Ltd 1.47% 0.21%
Tencent Music Entertainment Group 1.21% 0.20%
Bilibili Inc 1.38% 0.18%
SenseTime Group Inc 1.41% 0.18%
GDS Holdings Ltd 1.04% 0.17%
Only in CQQQ
CAMBRICON TECH A (HK-C) 1.87%
HYGON INFO TECH A (HK-C) 1.54%
NAURA TECH GRP A (HK-C) 1.30%
Minimax Group Inc 1.07%
Guangdong Shengyi Science Technology (A) (SC SH) 0.91%
Advanced Micro-Fabrication Equipment Inc China 0.90%
Kingdee International Software Group Co Ltd 0.83%
Suzhou Dongshan Precision Manufacturing Co Ltd 0.82%
Only in MCHI
ALIBABA GROUP HOLDING 9.35%
CHINA CONSTRUCTION BANK CORP H 4.34%
INDUSTRIAL AND COMMERCIAL BANK OF 2.63%
XIAOMI 2.16%
BANK OF CHINA LTD H 2.15%
NETEASE 1.75%
PING AN INSURANCE (GROUP) CO OF CH 1.69%
BYD H 1.43%

Check overlap with more funds →

On the same fields

CQQQ
Invesco China Technology ETF
MCHI
iShares MSCI China ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index
Total return, 1 year −23.8% −17.8%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 −41.1 pts −35.0 pts
Expense ratio 0.65% 0.59%
Already in the S&P 500 0.0% 0.0%
Holdings 221 579
Net assets $2.4bn $6.0bn

CQQQ and MCHI on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

CQQQ in plain words

CQQQ tracks an index. Over the year to Oct 9, 2026 it returned −23.8% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.65% a year. By its holdings published by its issuer for Oct 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 221 positions, with the top ten at 51.2%. It sat 58.1% below its high of Feb 16, 2021 on Oct 9, 2026.

MCHI in plain words

MCHI tracks an index. Over the year to Oct 9, 2026 it returned −17.8% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.59% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 579 positions, with the top ten at 41.1%. It sat 39.9% below its high of Feb 17, 2021 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, CQQQ or MCHI?
In the year to Oct 9, 2026, with distributions reinvested, CQQQ returned −23.8% and MCHI −17.8%.
Which is cheaper, CQQQ or MCHI?
MCHI is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do CQQQ and MCHI overlap with the S&P 500?
By their latest filed holdings, 0% of CQQQ and 0% of MCHI by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, CQQQ against MCHI, data as of Oct 9, 2026. https://etfiq.com/compare/any/cqqq-vs-mchi

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.