MCHS - Matthews China Discovery Active ETF MCHS
Under typical circumstances, the Matthews China Discovery Active ETF endeavors to achieve its investment objective by dedicating a minimum of 65% of its net assets, which includes capital acquired through borrowing for investment, to the equity securities (both common and preferred stock) of smaller companies. Additionally, at least 80% of the fund's total net assets, again accounting for any borrowed funds, will be invested in the common and preferred shares of firms based in China. This fund maintains a non-diversified portfolio.
As of Jun 30, 2026: spot at $53.35, ATM IV 35.1%, max pain $37.63, net GEX $0.
- Sector
- Financial Services
- Industry
- Asset Management - Global
- Market Cap
- $3.7M
- Beta
- 0.90
- 52-Week Range
- 28.978-53.25
- Dividend Yield
- $1.16
- IPO Date
- Jan 11, 2024
- Exchange
- NASDAQ
What MCHS Looks Like to Options Traders Today
IV rank of 15.5% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($0) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.049) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The MCHS overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked MCHS overview questions
- What is MCHS?
- MCHS is the ticker symbol for Matthews China Discovery Active ETF MCHS, an listed exchange-traded fund. Under typical circumstances, the Matthews China Discovery Active ETF endeavors to achieve its investment objective by dedicating a minimum of 65% of its net assets, which includes capital acquired through borrowing for investment, to the equity securities (both common and preferred stock) of smaller companies. Additionally, at least 80% of the fund's total net assets, again accounting for any borrowed funds, will be invested in the common and preferred shares of firms based in China. Listed on NASDAQ. MCHS is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the MCHS options snapshot look like today?
- As of Jun 30, 2026, the MCHS options snapshot shows spot at $53.35, ATM IV 35.1%, IV rank 15.5%, max pain $37.63, net GEX $0, expected move 10.06%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are MCHS's key statistics?
- Matthews China Discovery Active ETF MCHS (MCHS) carries a market capitalization of $3.7M, 52-week range of 28.978-53.25. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does MCHS belong to?
- Matthews China Discovery Active ETF MCHS operates in the Financial Services sector, in the Asset Management - Global industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare MCHS's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the MCHS data on this page?
- The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.