GMO Beyond China ETF (BCHI) Performance
BCHI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −67.2% since Dec 31, 2025
- 1 year
- −66.0% total return
- Since first price
- −58.7% since 2025
BCHI trailing returns vs SPY, QQQ, AGG
| Period | BCHI total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −8.6% | −8.6% | −1.0% | −5.0% | +0.9% |
| 3 months | −73.5% | −80.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −72.3% | −80.1% | +7.8% | +8.4% | −1.5% |
| YTD | −67.2% | −76.4% | +12.3% | +15.1% | −1.0% |
| 1 year | −66.0% | −75.9% | +14.4% | +15.9% | −1.1% |
| Since inceptionFeb 13, 2025 | −58.7% | −71.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BCHI vs SPY
From Feb 13, 2025: BCHI grew to $4,129, SPY to $12,709.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BCHI returns by calendar year
2026 is year to date.
BCHI annual returns table
| Year | BCHI | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −67.2% | −77.8% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BCHI largest drawdowns
Now 76.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 2, 2026 | −77.8% | Oct 9, 2026 | not yet | 4 months | 5 months so far |
| Feb 18, 2025 | −14.3% | Apr 8, 2025 | May 12, 2025 | 49 days | 3 months |
| Feb 25, 2026 | −14.1% | Mar 30, 2026 | Apr 17, 2026 | 33 days | 51 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BCHI risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −41.0% |
| Volatility (annualized) | 61.0% |
| Sharpe ratio | -0.40 |
| Sortino ratio | -0.43 |
| Best month | +16.9% |
| Worst month | −68.2% |
| Best 12 months | +61.4% |
| Worst 12 months | −64.1% |
| Positive months | 68% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BCHI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 9 | −66.5% | +38.5% | +61.4% | 67% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
BCHI performance overview
GMO Beyond China ETF (BCHI) returned −66.0% over the past year, with distributions reinvested. Since its first recorded price on Feb 13, 2025 it has returned −58.7%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −77.8%, from Jun 2, 2026 to Oct 9, 2026; the fund has not yet regained that high. Volatility has been 61.0% a year.
Related: BCHI chart, BCHI holdings, BCHI dividends. See the BCHI overview for the latest quote and fund facts.
BCHI performance FAQ
What is the BCHI return over the past year?
BCHI returned −66.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 75.9%.
How much would $10,000 invested in BCHI be worth?
$10,000 invested in BCHI at its first recorded close on February 13, 2025 would be worth about $4,129 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of BCHI?
The largest peak-to-trough decline was −77.8% between June 2, 2026 and October 9, 2026. It has not yet recovered to that high; it is 76.1% below its peak.
How volatile is BCHI?
Over the past history BCHI had an annualized volatility of 61.0% and a Sharpe ratio of -0.40 (excess return over 1–3 month T-bills per unit of risk).