MCHS vs CPSU

Comparison between MATTHEWS CHINA DISCOVERY ACTIVE ETF (MCHS, ETF) and Calamos S&P 500 Structured Alt Protection ETF June (CPSU, ETF).

MCHS vs CPSU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MCHS(ETF)	CPSU(ETF)
Net Assets	$25M	$25M
Expense Ratio	0.89%	0.69%
Max Drawdown	27.68%	1.03%
Sharpe Ratio	1.13	0.66
5Y Beta	0.85	0.12

Net Assets

MCHS

$25M

CPSU

$25M

Expense Ratio

MCHS

0.89%

Winner

CPSU

0.69%

Max Drawdown

MCHS

27.68%

Winner

CPSU

1.03%

Sharpe Ratio

Winner

MCHS

1.13

CPSU

0.66

5Y Beta

MCHS

0.85

Winner

CPSU

0.12

MCHS vs CPSU - Historical Returns

Returns include dividend reinvestment.

Period	MCHS	CPSU
1 month	-15.59%	+0.24%
3 months	-0.12%	+0.38%
6 months	+15.92%	+1.69%
1 year	+38.26%	+4.76%
Max(CAGR)	+25.87%	+5.47%

MCHS

-15.59%

Winner

CPSU

+0.24%

MCHS

-0.12%

Winner

CPSU

+0.38%

Winner

MCHS

+15.92%

CPSU

+1.69%

Winner

MCHS

+38.26%

CPSU

+4.76%

Max(CAGR)

Winner

MCHS

+25.87%

CPSU

+5.47%

MCHS vs CPSU - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	MCHS	CPSU
2026	+24.93%	+1.99%
2025	+32.80%	+4.15%
2024	+6.62%	N/A

MCHS vs CPSU Drawdown Comparison

The maximum drawdown for MCHS was -23.69%, occurring on Apr 8, 2025. Recovery took 196 trading sessions.

The maximum drawdown for CPSU was -1.03%, occurring on Mar 30, 2026. Recovery took 29 trading sessions.

The current MCHS drawdown is -21.01%. The current CPSU drawdown is -0.45%.

Rank	MCHS	CPSU
#1	-23.69% Oct 7, 2024 - Jul 22, 2025	-1.03% Feb 25, 2026 - Apr 8, 2026
#2	-23.64% Jun 30, 2026 - Jul 20, 2026	-0.80% Jun 1, 2026 - Jun 16, 2026
#3	-18.87% May 17, 2024 - Sep 30, 2024	-0.74% Jun 16, 2026 - Jun 25, 2026
#4	-12.15% Mar 2, 2026 - Apr 17, 2026	-0.47% Oct 27, 2025 - Nov 25, 2025
#5	-11.65% Jan 12, 2024 - Feb 27, 2024	-0.29% Oct 6, 2025 - Oct 20, 2025
#6	-10.19% Oct 2, 2025 - Jan 7, 2026	-0.24% Feb 2, 2026 - Feb 6, 2026
#7	-8.58% May 13, 2026 - Jun 17, 2026	-0.22% Aug 13, 2025 - Aug 22, 2025
#8	-5.39% Mar 12, 2024 - Apr 29, 2024	-0.18% Feb 10, 2026 - Feb 20, 2026
#9	-5.03% Aug 26, 2025 - Sep 11, 2025	-0.17% Dec 15, 2025 - Dec 22, 2025
#10	-4.50% Jun 22, 2026 - Jun 30, 2026	-0.17% Jan 15, 2026 - Jan 22, 2026
#11	-3.20% Feb 3, 2026 - Feb 9, 2026	-0.16% Feb 20, 2026 - Feb 25, 2026
#12	-3.09% Oct 2, 2024 - Oct 4, 2024	-0.16% Jul 28, 2025 - Aug 4, 2025
#13	-2.79% Jul 29, 2025 - Aug 11, 2025	-0.15% Aug 28, 2025 - Sep 4, 2025
#14	-2.45% Apr 22, 2026 - Apr 30, 2026	-0.14% Jun 12, 2025 - Jun 23, 2025
#15	-2.42% May 6, 2024 - May 9, 2024	-0.13% Jun 30, 2025 - Jul 3, 2025