(TCHI) MSCI China Multisector Tech - Overview
Etf: Technology, Internet, Hardware, Telecommunications, E-Commerce
Dividends
| Dividend Yield | 2.57% |
| Yield on Cost 5y | 2.53% |
| Yield CAGR 5y | 42.02% |
| Payout Consistency | 91.7% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 27.4% |
| Relative Tail Risk | -6.44% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.05 |
| Alpha | 22.53 |
| Character TTM | |
|---|---|
| Beta | 0.750 |
| Beta Downside | 0.772 |
| Drawdowns 3y | |
|---|---|
| Max DD | 34.23% |
| CAGR/Max DD | 0.24 |
Description: TCHI MSCI China Multisector Tech December 30, 2025
The iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) is a U.S.-domiciled exchange-traded fund that commits at least 80% of its net assets to the securities comprising the MSCI China Multisector Technology Index, or to securities that are economically indistinguishable from those index constituents.
Key fund metrics (as of the most recent filing) include an expense ratio of 0.65%, total assets under management of roughly $1.2 billion, and a top-10 holding concentration of about 30%, dominated by Chinese semiconductor, software, and internet-service firms such as Semiconductor Manufacturing International Corp (SMIC) and Tencent Music Entertainment.
Sector drivers that materially affect TCHI’s performance are (1) China’s domestic R&D spending, which rose to 2.6% of GDP in 2023-a pace that outpaces many emerging-market peers; (2) the rollout of 5G and the government’s “Made in China 2025” initiative, both of which bolster demand for domestic chip design and cloud-computing services; and (3) regulatory volatility, where policy shifts-particularly around data security and antitrust-can create abrupt price swings in the underlying holdings.
Given the fund’s exposure to a rapidly evolving tech landscape and the heightened geopolitical risk premium, a deeper quantitative assessment of its risk-adjusted returns relative to global tech ETFs is advisable; you may find a structured comparison on ValueRay useful for that next step.
What is the price of TCHI shares?
Over the past week, the price has changed by -0.86%, over one month by +6.62%, over three months by -3.55% and over the past year by +36.33%.
Is TCHI a buy, sell or hold?
What are the forecasts/targets for the TCHI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 27.6 | 10.6% |
TCHI Fundamental Data Overview January 28, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 47.7m USD (47.7m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 47.7m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 47.7m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.68% (E(47.7m)/V(47.7m) * Re(8.68%) + (debt-free company))
Discount Rate = 8.68% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)