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iShares MSCI China (MCHI)Overvalued or undervalued?
Look-through valuation · Country · Expense ratio 0.59 % · ISIN US46429B6719
Price history (since 2011)
Monthly close since 2011. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Tencent Holdings Ltd 0700 | 13.8 % | +67.4 % | 70 |
| Alibaba Group Holding Ltd 9988 | 9.5 % | n/a | n/a |
| China Construction Bank Corp 0939 | 4.3 % | n/a | n/a |
| Industrial and Commercial Bank of China 1398 | 2.6 % | n/a | n/a |
| Xiaomi Corp 1810 | 2.2 % | +69.0 % | 52 |
| Bank of China Ltd H 3988 | 2.1 % | n/a | n/a |
| Meituan 3690 | 1.9 % | n/a | n/a |
| NetEase Inc 9999 | 1.7 % | n/a | n/a |
| Ping An Insurance 2318 | 1.7 % | n/a | n/a |
| PDD Holdings Inc. PDD | 1.7 % | n/a | n/a |
| BYD Company Limited 1211 | 1.4 % | n/a | n/a |
| Lenovo Group 0992 | 1.4 % | +11.0 % | 47 |
| Jd Com Inc 9618 | 1.2 % | n/a | n/a |
| PetroChina Company Limited 0857 | 1.1 % | n/a | n/a |
| WuXi Biologics 2269 | 1.1 % | +16.4 % | 68 |
| China Life Insurance Co Ltd 2628 | 1.1 % | +110.6 % | 62 |
| Zijin Mining Group Co Ltd-H 2899 | 1.0 % | n/a | n/a |
| China Merchants Bank Co Ltd Class H 3968 | 1.0 % | n/a | n/a |
| Baidu Inc 9888 | 0.9 % | n/a | n/a |
| Agricultural Bank Of China 1288 | 0.9 % | n/a | n/a |
| Trip.com Group Ltd 9961 | 0.9 % | +122.1 % | 66 |
| BeOne Medicines AG 6160 | 0.9 % | −18.9 % | 70 |
| China Shenhua Energy Co Ltd H 1088 | 0.8 % | n/a | n/a |
| Innovent Biologics Inc 1801 | 0.7 % | −42.0 % | 51 |
| PICC Property & Casualty-H 2328 | 0.6 % | +20.8 % | 65 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 577 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +76.9 % below FV
- 2 MCHI iShares MSCI China ETF +41.9 % below FV
- 3 ITB iShares U.S. Home Construction ETF +37.1 % below FV
- 4 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +32.2 % below FV
- 5 VOX Vanguard Communication Services Index Fund ETF Shares +21.5 % below FV
- 6 XLC Communication Services Select Sector SPDR® Fund +20.6 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.1 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +15.2 % below FV
- 9 SHRY First Trust Bloomberg Shareholder Yield ETF +14.6 % below FV
- 10 TAN Invesco Solar ETF +14.5 % below FV
Frequently asked about MCHI
Is MCHI overvalued?
What is the fair value of MCHI?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of MCHI?
What is the expense ratio of MCHI?
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives iShares MSCI China ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Oct 15, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.