TCHI: ISHARES MSCI CHINA MULTISECTOR TECH ETF
What this ETF is trying to do
The ISHARES MSCI CHINA MULTISECTOR TECH ETF (TCHI) is an exchange-traded fund designed to invest in the technology sector within China. It holds a variety of companies, with 204 total holdings reported. This ETF focuses on different parts of the Chinese tech industry to provide exposure to that specific market.
What the numbers show
The data shows different results depending on how you measure performance. It is important to distinguish between price return (how much the share price changed) and total return (which includes the impact of distributions).
• Year-to-Date (YTD): The YTD price return is approximately -8.23%, while the YTD total return is approximately -7.94%.
• One-Year: The one-year price return is approximately -19.23%. When including distributions, the one-year total return is approximately -17.35%.
• Three-Year: Over a three-year period, the performance has been positive. The three-year price return is approximately 24.72%, and the three-year total return is approximately 36.94%.
To give you an idea of the price change, the current price is $21.47. The estimated price from roughly one year ago was approximately $26.58.
Income and distribution explanation
TCHI provides some cash distributions, but they are not frequent. The distribution frequency is described as "irregular" or "less frequent," with only 2 payouts recorded in the last 12 months. The distribution yield is approximately 2.52%.
When looking at income, it is important to remember that a distribution yield is not the same as total return. While distributions provide cash, they do not guarantee that your original investment will stay the same value.
NAV erosion explanation
The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, we can look at the erosion-risk score, which is 55. This is labeled as "moderate price erosion." This means the fund has shown a moderate level of share-price decline. It is important to note that a falling market price is not the same thing as NAV erosion, but the score indicates the share price has faced some downward pressure.
Top Holdings
The following are some of the top holdings in this ETF (note that this is a partial list):
• Lenovo Group Ltd: 4.34%
• Baidu Inc: 4.14%
• NetEase Inc Ordinary Shares: 4.04%
• Tencent Holdings Ltd: 4.04%
• Xiaomi Corp Class B: 4.02%
• JD.com Inc Ordinary Shares Class A: 3.94%
• PDD Holdings Inc ADR: 3.61%
• Zhongji Innolight Co Ltd Class A: 2.06%
Holdings can change over time. This data was updated on October 12, 2026.
Pros
• The ETF has shown strong total returns over a three-year period (approximately 36.94%).
• It provides exposure to a wide variety of Chinese technology companies.
Cons
• The ETF has experienced a significant share-price decline over the last year (approximately -19.23%).
• Distributions are irregular and less frequent.
Beginner takeaway
TCHI offers a way to invest in Chinese tech, but it has seen recent price declines. While the three-year history shows growth, the one-year performance and the moderate erosion-risk score suggest that the share price has been volatile. Always remember that high yields or past returns do not guarantee future results.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | LENOVO GROUP LTD | n/a | 4.34% |
| 2 | BAIDU INC | n/a | 4.14% |
| 3 | NETEASE INC ORDINARY SHARES | n/a | 4.04% |
| 4 | TENCENT HOLDINGS LTD | n/a | 4.04% |
| 5 | XIAOMI CORP CLASS B | n/a | 4.02% |
| 6 | JD.COM INC ORDINARY SHARES CLASS A | n/a | 3.94% |
| 7 | n/a | n/a | 3.64% |
| 8 | PDD HOLDINGS INC ADR | PDD | 3.61% |
| 9 | n/a | n/a | 2.57% |
| 10 | n/a | n/a | 2.35% |