FESM vs MCHI
Comparison between FIDELITY ENHANCED SMALL CAP ETF (FESM, ETF) and ISHARES MSCI CHINA ETF (MCHI, ETF).
FESM vs MCHI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
FESM
$5.80B
Winner
MCHI
$5.90B
Expense Ratio
Winner
FESM
0.28%
MCHI
0.59%
Max Drawdown
Winner
FESM
27.67%
MCHI
63.39%
Sharpe Ratio
Winner
FESM
1.96
MCHI
-0.22
5Y Beta
FESM
1.10
Winner
MCHI
0.65
P/E Ratio
FESM
255.70
MCHI
N/A
Forward P/E
FESM
16.34
MCHI
N/A
5Y Dividends CAGR
FESM
N/A
MCHI
9.91%
5Y EPS CAGR
FESM
5.48%
MCHI
N/A
Debt to Equity
FESM
121.24%
MCHI
N/A
P/S Ratio
FESM
1.20
MCHI
N/A
P/B Ratio
FESM
2.34
MCHI
N/A
FESM vs MCHI - Holdings Comparison
FESM and MCHI have 1 common holdings. Overlap is -0.05%
FESM's top 25 holdings weight is 19.83%. MCHI's top 25 holdings weight is 54.10%.
| Rank | FESM | MCHI |
|---|---|---|
| #1 | n/a (n/a) - 3.76% | TENCENT HOLDINGS LTD (n/a) - 14.23% |
| #2 | FIDELITY CASH CENTRAL FUND (n/a) - 1.84% | n/a (n/a) - 8.36% |
| #3 | ACM RESEARCH INC CLASS A (ACMR) - 0.71% | CHINA CONSTRUCTION BANK CORP CLASS H (n/a) - 3.55% |
| #4 | HEALTHEQUITY INC (HQY) - 0.70% | n/a (n/a) - 2.42% |
| #5 | KODIAK GAS SERVICES INC (KGS) - 0.68% | XIAOMI CORP CLASS B (n/a) - 2.00% |
| #6 | TENABLE HOLDINGS INC (TENB) - 0.67% | n/a (n/a) - 1.99% |
| #7 | ENERSYS (ENS) - 0.67% | PDD HOLDINGS INC ADR (PDD) - 1.98% |
| #8 | n/a (PECO) - 0.66% | NETEASE INC ORDINARY SHARES (n/a) - 1.91% |
| #9 | PLEXUS CORP (PLXS) - 0.65% | MEITUAN CLASS B (n/a) - 1.86% |
| #10 | EXTREME NETWORKS INC (EXTR) - 0.64% | BANK OF CHINA LTD CLASS H (n/a) - 1.75% |
| #11 | KULICKE & SOFFA INDUSTRIES INC (KLIC) - 0.62% | BYD CO LTD CLASS H (n/a) - 1.43% |
| #12 | OUTFRONT MEDIA INC (OUT) - 0.62% | BAIDU INC (n/a) - 1.23% |
| #13 | STONEX GROUP INC (SNEX) - 0.62% | JD.COM INC ORDINARY SHARES CLASS A (n/a) - 1.22% |
| #14 | GLACIER BANCORP INC (GBCI) - 0.61% | CHINA LIFE INSURANCE CO LTD CLASS H (n/a) - 1.07% |
| #15 | COMMERCIAL METALS CO (CMC) - 0.61% | TRIP.COM GROUP LTD (n/a) - 0.98% |
| #16 | WESBANCO INC (WSBC) - 0.61% | PETROCHINA CO LTD CLASS H (n/a) - 0.96% |
| #17 | CLEAR SECURE INC ORDINARY SHARES CLASS A (YOU) - 0.60% | LENOVO GROUP LTD (n/a) - 0.92% |
| #18 | OPTION CARE HEALTH INC (OPCH) - 0.60% | CHINA MERCHANTS BANK CO LTD CLASS H (n/a) - 0.90% |
| #19 | BALCHEM CORP (BCPC) - 0.58% | ZIJIN MINING GROUP CO LTD CLASS H (n/a) - 0.88% |
| #20 | ACI WORLDWIDE INC (ACIW) - 0.58% | n/a (n/a) - 0.84% |
| #21 | EASTERN BANKSHARES INC ORDINARY SHARES (EBC) - 0.57% | AGRICULTURAL BANK OF CHINA LTD CLASS H (n/a) - 0.77% |
| #22 | GRIFFON CORP (GFF) - 0.57% | HKD CASH (n/a) - 0.75% |
| #23 | TUTOR PERINI CORP (TPC) - 0.57% | BEONE MEDICINES LTD ORDINARY SHARES (n/a) - 0.73% |
| #24 | ABERCROMBIE & FITCH CO CLASS A (ANF) - 0.55% | CHINA SHENHUA ENERGY CO LTD CLASS H (n/a) - 0.71% |
| #25 | COMMVAULT SYSTEMS INC (CVLT) - 0.54% | WUXI BIOLOGICS (CAYMAN) INC (n/a) - 0.66% |
| Total Holdings | 771 | 577 |
FESM vs MCHI - Historical Returns
Returns include dividend reinvestment.
1M
Winner
FESM
+3.00%
MCHI
+0.02%
3M
Winner
FESM
+15.06%
MCHI
-7.15%
6M
Winner
FESM
+18.40%
MCHI
-12.83%
1Y
Winner
FESM
+47.34%
MCHI
-2.38%
5Y(CAGR)
FESM
N/A
MCHI
-5.11%
10Y(CAGR)
FESM
N/A
MCHI
+3.91%
Max(CAGR)
Winner
FESM
+28.47%
MCHI
+2.27%
FESM vs MCHI - Annual Returns (2011 - 2026)
Returns include dividend reinvestment.
| Year | FESM | MCHI |
|---|---|---|
| 2026 | +25.52% | -12.44% |
| 2025 | +17.52% | +33.42% |
| 2024 | +17.18% | +20.76% |
| 2023 | +12.19% | -14.77% |
| 2022 | N/A | -23.00% |
| 2021 | N/A | -21.99% |
| 2020 | N/A | +23.65% |
| 2019 | N/A | +24.39% |
| 2018 | N/A | -22.78% |
| 2017 | N/A | +53.07% |
| 2016 | N/A | +3.26% |
| 2015 | N/A | -9.05% |
| 2014 | N/A | +10.05% |
| 2013 | N/A | -0.89% |
| 2012 | N/A | +20.85% |
| 2011 | N/A | -20.75% |
FESM vs MCHI Drawdown Comparison
The maximum drawdown for FESM was -26.93%, occurring on Apr 8, 2025. Recovery took 183 trading sessions.
The maximum drawdown for MCHI was -62.95%, occurring on Oct 31, 2022. This drawdown has not yet recovered.
The current FESM drawdown is -1.55%. The current MCHI drawdown is -38.10%.
| Rank | FESM | MCHI |
|---|---|---|
| #1 | -26.93% Dec 2, 2024 - Aug 27, 2025 | -62.95% Feb 17, 2021 - Oct 31, 2022 |
| #2 | -10.18% Jan 22, 2026 - Apr 14, 2026 | -43.23% Apr 28, 2015 - Aug 25, 2017 |
| #3 | -9.60% Jul 31, 2024 - Sep 19, 2024 | -37.13% Apr 21, 2011 - Jul 24, 2014 |
| #4 | -8.39% Mar 28, 2024 - Jul 11, 2024 | -33.15% Jan 26, 2018 - Jul 8, 2020 |
| #5 | -7.57% Oct 27, 2025 - Nov 28, 2025 | -11.54% Sep 5, 2014 - Jan 21, 2015 |
| #6 | -6.28% Dec 27, 2023 - Feb 12, 2024 | -8.66% Nov 21, 2017 - Jan 2, 2018 |
| #7 | -5.09% Nov 11, 2024 - Nov 25, 2024 | -7.42% Sep 1, 2020 - Oct 12, 2020 |
| #8 | -4.72% May 6, 2026 - May 26, 2026 | -6.19% Mar 2, 2015 - Mar 30, 2015 |
| #9 | -4.08% Oct 8, 2025 - Oct 15, 2025 | -5.81% Nov 6, 2020 - Jan 5, 2021 |
| #10 | -3.63% Feb 12, 2024 - Feb 15, 2024 | -5.80% Jan 25, 2021 - Feb 9, 2021 |
| #11 | -3.59% Feb 15, 2024 - Mar 1, 2024 | -5.72% Jul 9, 2020 - Aug 24, 2020 |
| #12 | -3.59% Dec 11, 2025 - Jan 6, 2026 | -5.01% Jan 22, 2015 - Feb 26, 2015 |
| #13 | -3.58% Oct 16, 2024 - Nov 6, 2024 | -3.88% Sep 19, 2017 - Oct 3, 2017 |
| #14 | -3.56% Jul 16, 2024 - Jul 26, 2024 | -3.50% Apr 16, 2015 - Apr 22, 2015 |
| #15 | -3.30% May 28, 2026 - Jun 11, 2026 | -2.83% Oct 18, 2017 - Nov 6, 2017 |
Correlation
Correlation between FESM and MCHI is 0.64 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.64
-101
Dividend Comparison (2011 - 2026)
FESM vs MCHI dividend yield comparison.
| Year | FESM | MCHI |
|---|---|---|
| 2026 | 0.43% | 0.67% |
| 2025 | 0.82% | 2.12% |
| 2024 | 1.08% | 2.31% |
| 2023 | 0.06% | 2.66% |
| 2022 | 0.00% | 1.78% |
| 2021 | 0.00% | 1.04% |
| 2020 | 0.00% | 1.04% |
| 2019 | 0.00% | 1.45% |
| 2018 | 0.00% | 1.60% |
| 2017 | 0.00% | 1.56% |
| 2016 | 0.00% | 1.66% |
| 2015 | 0.00% | 2.76% |
| 2014 | 0.00% | 2.35% |
| 2013 | 0.00% | 2.37% |
| 2012 | 0.00% | 1.90% |
| 2011 | 0.00% | 2.61% |
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