Matthews China Active ETF (MCH) Holdings
MCH holdings summary
as of Oct 24, 2026- Holdings
- 53 positions listed
- Top 10 weight
- 46.9% of net assets
- Effective holdings
- 25 equal-weight equivalent
- Largest holding
- 0700 12.71% Tencent Holdings Ltd
- Annual turnover
- 60.7% of the portfolio traded
All MCH holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | 0700 | Tencent Holdings Ltd | Communication Services | 12.71% | $2.0M | — | — |
| 2 | 0939 | China Construction Bank Corp | Financial Services | 5.47% | $844,182.59 | — | — |
| 3 | 2318 | Ping An Insurance | Financial Services | 4.90% | $755,904.78 | — | — |
| 4 | 9988 | Alibaba Group Holding Ltd | Consumer Cyclical | 4.66% | $718,234.44 | — | — |
| 5 | 3690 | Meituan | Consumer Cyclical | 4.51% | $695,212.82 | — | — |
| 6 | 3908 | China Intl Capital Corp Ltd | Financial Services | 3.16% | $486,568.79 | — | — |
| 7 | 002142 | Bank of Ningbo Co Ltd | Financial Services | 3.07% | $473,431.20 | — | — |
| 8 | 600036 | China Merchants Bank Co Ltd | Financial Services | 2.90% | $447,279.38 | — | — |
| 9 | 603259 | WuXi AppTec Co Ltd | Healthcare | 2.78% | $428,035.59 | — | — |
| 10 | 2628 | China Life Insurance Co Ltd | Financial Services | 2.75% | $424,550.74 | — | — |
| 11 | 601899 | Zijin Mining Group Co Ltd Class A | Basic Materials | 2.70% | $416,948.82 | — | — |
| 12 | 9618 | Jd Com Inc | Consumer Cyclical | 2.49% | $384,521.18 | — | — |
| 13 | 6099 | China Merchants Securities Co Ltd | Financial Services | 2.48% | $382,516.62 | — | — |
| 14 | 600522 | Jiangsu Zhongtian Technology Co Ltd | Industrials | 2.26% | $348,685.79 | — | — |
| 15 | 0148 | Kingboard Holdings Ltd | Industrials | 2.17% | $335,332.32 | — | — |
| 16 | 1801 | Innovent Biologics Inc | Healthcare | 2.10% | $324,507.69 | — | — |
| 17 | PDD | PDD Holdings Inc. | Consumer Cyclical | 1.98% | $305,202.22 | $115.25B | 9.1 |
| 18 | 1336 | New China Life Insurance | Financial Services | 1.85% | $285,665.45 | — | — |
| 19 | 688256 | Cambricon Technologies Corp Ltd | Technology | 1.85% | $285,110.35 | — | — |
| 20 | 688008 | Montage Technology Co Ltd | Technology | 1.84% | $283,984.71 | — | — |
| 21 | 603979 | JCHX Mining Management Co Ltd | Basic Materials | 1.72% | $265,635.26 | — | — |
| 22 | 300750 | Contemporary Amperex Technology Co Ltd Class A | Industrials | 1.68% | $258,511.35 | — | — |
| 23 | 002463 | WUS Printed Circuit Kunshan Co Ltd | Technology | 1.48% | $228,442.93 | — | — |
| 24 | BZ | Kanzhun Limited | Communication Services | 1.44% | $221,719.94 | $7.32B | 12.0 |
| 25 | 6030 | CITIC Securities Co Ltd | Financial Services | 1.35% | $208,798.23 | — | — |
| 26 | 002384 | Suzhou Dongshan Precision Manufacturing Co Ltd | Technology | 1.35% | $208,320.21 | — | — |
| 27 | 1548 | Genscript Biotech Corp | Healthcare | 1.24% | $191,559.00 | — | — |
| 28 | 603986 | GigaDevice Semiconductor(Beiji | Technology | 1.22% | $188,660.09 | — | — |
| 29 | 300394 | Suzhou TFC Optical Communication Co Ltd | Technology | 1.21% | $186,208.36 | — | — |
| 30 | 002594 | BYD Co Ltd Class A | Consumer Cyclical | 1.14% | $176,324.33 | — | — |
| 31 | 2618 | JD Logistics Inc | Industrials | 1.14% | $175,399.14 | — | — |
| 32 | 0425 | Minth Group Ltd | Consumer Cyclical | 1.12% | $172,700.70 | — | — |
| 33 | 1109 | China Resources Land Ltd | Real Estate | 1.10% | $169,077.07 | — | — |
| 34 | 603993 | China Molybdenum Co Ltd Class A | Basic Materials | 0.97% | $150,295.86 | — | — |
| 35 | 600276 | Jiangsu Hengrui Medicine Co Ltd | Healthcare | 0.96% | $147,458.64 | — | — |
| 36 | 300037 | Shenzhen Capchem Tech | Basic Materials | 0.92% | $141,645.41 | — | — |
| 37 | 300033 | Hithink RoyalFlush Info Network | Financial Services | 0.86% | $132,486.11 | — | — |
| 38 | 3993 | CMOC Group Ltd | Basic Materials | 0.81% | $124,144.04 | — | — |
| 39 | 6LU | 6LU | Other | 0.80% | $123,573.52 | — | — |
| 40 | 301536 | SIGMASTAR TECH LTD | Technology | 0.74% | $114,306.27 | — | — |
| 41 | 0992 | Lenovo Group | Technology | 0.72% | $111,638.66 | — | — |
| 42 | 0960 | Longfor Properties Co Ltd | Real Estate | 0.72% | $111,438.21 | — | — |
| 43 | 0968 | Xinyi Solar Holdings Ltd | Technology | 0.68% | $105,470.78 | — | — |
| 44 | 1888 | Kingboard Laminates Holdings Ltd | Technology | 0.63% | $97,375.44 | — | — |
| 45 | 600066 | Zhengzhou Yutong Bus Co Ltd | Industrials | 0.58% | $89,233.83 | — | — |
| 46 | 0123 | Yuexiu Property Co Ltd | Real Estate | 0.57% | $87,722.70 | — | — |
| 47 | 0189 | Dongyue Group Ltd | Basic Materials | 0.54% | $83,004.27 | — | — |
| 48 | 002460 | Jiangxi Ganfeng Lithium Co Ltd | Basic Materials | 0.52% | $80,876.35 | — | — |
| 49 | 600309 | Wanhua Chemical Group Co Ltd | Basic Materials | 0.44% | $68,016.32 | — | — |
| 50 | QFIN | 360 DigiTech, Inc. | Financial Services | 0.39% | $59,982.65 | $689.4M | 1.4 |
| 51 | 0081 | China Overseas Grand Oceans Group Ltd | Real Estate | 0.28% | $43,391.05 | — | — |
| 52 | 0884 | CIFI Holdings Group Co Ltd | Real Estate | 0.07% | $11,210.13 | — | — |
| 53 | 1233 | Times Ppty Hldg Co Ltd | Real Estate | 0.04% | $6,029.10 | — | — |
Weights as a percentage of net assets. Value held = weight × net assets ($15.4M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
MCH sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Financial Services | 29.2% | 11 | 0939, 2318, 3908 |
| Consumer Cyclical | 15.9% | 6 | 9988, 3690, 9618 |
| Communication Services | 14.1% | 2 | 0700, BZ |
| Technology | 11.7% | 10 | 688256, 688008, 002463 |
| Basic Materials | 8.6% | 8 | 601899, 603979, 603993 |
| Industrials | 7.8% | 5 | 600522, 0148, 300750 |
| Healthcare | 7.1% | 4 | 603259, 1801, 1548 |
| Real Estate | 2.8% | 6 | 1109, 0960, 0123 |
| Other | 0.8% | 1 | 6LU |
Sum of the weights of the holdings in each sector.
MCH top industries
MCH overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| VXUS | Vanguard Total International Stock ETF | 2.5% | 51 of 8,035 | 0.05% |
| QQQ | Invesco QQQ ETF | 0.2% | 1 of 101 | 0.17% |
| VTI | Vanguard Total Stock Market ETF | 0.0% | 0 of 2,941 | 0.03% |
| SPY | SPDR S&P 500 ETF | 0.0% | 0 of 502 | 0.09% |
| IWM | iShares Russell 2000 ETF | 0.0% | 0 of 1,962 | 0.19% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the MCH portfolio
Matthews China Active ETF holds 53 positions. The ten largest make up 46.9% of the fund and the top 50 97.7%, so it behaves like a portfolio of about 25 equally weighted positions. The biggest positions are Tencent Holdings Ltd (12.71%), China Construction Bank Corp (5.47%), Ping An Insurance (4.90%), Alibaba Group Holding Ltd (4.66%), Meituan (4.51%).
By sector, Financial Services is 29.2%, Consumer Cyclical is 15.9%, Communication Services is 14.1%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 24, 2026; positions change as the fund rebalances.
Related: MCH chart, MCH performance, MCH dividends, MCH overview.
MCH holdings FAQ
How many holdings does MCH have?
MCH holds 53 positions as of October 24, 2026.
What are the top 10 holdings of MCH?
The ten largest holdings are Tencent Holdings Ltd (12.71%), China Construction Bank Corp (5.47%), Ping An Insurance (4.90%), Alibaba Group Holding Ltd (4.66%), Meituan (4.51%), China Intl Capital Corp Ltd (3.16%), Bank of Ningbo Co Ltd (3.07%), China Merchants Bank Co Ltd (2.90%), WuXi AppTec Co Ltd (2.78%), China Life Insurance Co Ltd (2.75%). Together they are 46.9% of the fund.
What percentage of MCH is Tencent Holdings Ltd?
Tencent Holdings Ltd is the largest holding at 12.71% of net assets, about $2.0M of the fund's $15.4M.
Which sector is the largest in MCH?
Financial Services is the largest sector at 29.2%, followed by Consumer Cyclical (15.9%) and Communication Services (14.1%), based on the sectors of the individual holdings.
How concentrated is MCH?
The top 10 holdings are 46.9% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) MCH behaves like a portfolio of about 25 equally weighted positions.