MCHI vs SCHE: Holdings Overlap
iShares · 580 holdings · $6.3B · as of 2026-05-31
SCHESchwab Emerging Markets Equity ETF
Schwab · 2180 holdings · $12.7B · as of 2026-05-31
How similar are MCHI and SCHE?
iShares MSCI China ETF (MCHI, by iShares) holds 580 positions; Schwab Emerging Markets Equity ETF (SCHE, by Schwab) holds 2180. They have 558 holdings in common, and by portfolio weight the two funds are 24.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 24.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 558MCHI holds 580 · SCHE holds 2180
- Weight in Shared Holdings
- MCHI 97%·SCHE 25%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in MCHI
22 of 580 positions (3.0% of the fund) are not held by SCHE.
Only in SCHE
1622 of 2180 positions (75.0% of the fund) are not held by MCHI. Showing the top 30 by weight.
Sector Breakdown
| Sector | MCHI | SCHE |
|---|---|---|
| Information Technology | 7.8% | 29.1% |
| Consumer Discretionary | 21.1% | 7.0% |
| Communication Services | 17.2% | 5.9% |
| Financials | 14.8% | 13.4% |
| Materials | 1.8% | 3.7% |
| Other Sectors | 8.3% | 9.7% |
| Unclassified | 28.5% | 30.8% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (29% of MCHI, 31% of SCHE).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| MCHI | +9.3% | -5.2% | -1.0% | +8.7% | -2.2% | +4.3% | 1.94% |
| SCHE | +3.4% | +13.1% | +22.4% | +17.1% | +6.7% | +8.0% | 2.57% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in MCHI vs SCHE →
Shared Holdings(558)
The top 10 shared positions account for 41% of the overlap, led by 700, 9988 and C6T.
 700Tencent Holdings Ltd. | 13.21% | 3.15% | 3.15% |
|---|---|---|---|
 9988Alibaba Group Holding Ltd | 10.14% | 2.57% | 2.57% |
 C6TChina Construction Bank Corp | 3.97% | 0.88% | 0.88% |
 ICKIndustrial & Commercial Bank of China Ltd | 2.10% | 0.63% | 0.63% |
 PDDPDD Holdings Inc. SPONSORED ADS | 2.28% | 0.60% | 0.60% |
 1810Xiaomi Corp | 2.35% | 0.57% | 0.57% |
 3690Meituan, B Shares | 1.84% | 0.46% | 0.46% |
 2318RUBPing An Insurance Group Co of China Ltd | 1.96% | 0.46% | 0.46% |
 W8VBank of China Ltd | 1.80% | 0.42% | 0.42% |
 9999NetEase Inc | 1.63% | 0.42% | 0.42% |
 1211RUBBYD Co Ltd | 1.63% | 0.40% | 0.40% |
 9888Baidu, Inc., A Shares | 1.44% | 0.33% | 0.33% |
 9618JD.com Inc | 1.31% | 0.32% | 0.32% |
 PC6PetroChina Co Ltd | 1.12% | 0.27% | 0.27% |
 9961Trip.com Group Ltd | 1.11% | 0.26% | 0.26% |
 CHLChina Life Insurance Co Ltd | 1.05% | 0.26% | 0.26% |
 FJZZijin Mining Group Co Ltd | 0.97% | 0.23% | 0.23% |
 M4BChina Merchants Bank Co Ltd | 0.90% | 0.21% | 0.21% |
 EK7Agricultural Bank of China Ltd | 0.77% | 0.21% | 0.21% |
 C7A0Contemporary Amperex Technology Co Ltd | 0.63% | 0.19% | 0.19% |
 IKFChina Shenhua Energy Co Ltd | 0.74% | 0.18% | 0.18% |
 300750Contemporary Amperex Technology Co Ltd | 0.64% | 0.18% | 0.18% |
 IJ0BeOne Medicines Ltd | 0.74% | 0.17% | 0.17% |
 600519Kweichow Moutai Co Ltd | 0.56% | 0.16% | 0.16% |
 1801Innovent Biologics Inc | 0.60% | 0.16% | 0.16% |
Showing the top 250 of 558 shared holdings by overlap weight.
Frequently Asked Questions
How much do MCHI and SCHE overlap?
MCHI and SCHE overlap by 24.6% of portfolio weight. They share 558 holdings (MCHI holds 580 positions and SCHE holds 2180), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MCHI and SCHE?
The two portfolios are 24.6% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of MCHI and SCHE?
The largest positions held by both funds are 700, 9988, C6T, ICK and PDD. Together the top 10 shared positions account for 41% of the total overlap.
What does MCHI own that SCHE doesn't?
22 positions (3.0% of MCHI) are unique to MCHI, led by 992, HTHT and HONG KONG DOLLAR. In the other direction, 1622 positions (75.0% of SCHE) are unique to SCHE.