Tearsheet

Key Takeaways

  • FXI has returned -13.0% YTD vs +9.8% for SPY; -5.8% over the past 12 months (SPY +26.4%). details →
  • Priced in gold, FXI has returned -42.3% over the past 3 years, vs +25.6% in dollars — its dollar gains have lagged gold. details →
  • Over the past month, FXI has seen net outflows of −$698M (−12.7% of assets). details →
  • Risk-adjusted returns trail SPY: 3-year Sharpe ratio of 0.4 vs 1.2. details →
  • FXI trades 19% below its 52-week high. details →
Last updated: 6/19/2026.

Price Chart

Asset Allocation with FXI

Risk Tolerance:
ConservativeModerateAggressive
Moderate — 55% equity / 25% bonds / 20% alternatives
10Y Return (ann.)
+5.1%
Volatility
14.4%
Sharpe
0.23
YTD
-6.3%
Modeled with monthly rebalancing to target weights; 10-year figures are annualized from monthly returns. Illustrative only — past performance is not indicative of future results.

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[1] Personalized 5 Level Risk Tolerance Assessment
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Top 20 Holdings for FXI

Total Weights
Top 5: 28.5% | Top 10: 41.5% | Top 20: 43.2%

Performance for FXI Top Holdings

TickerHoldingWeightMkt Price
6/19
1D Rtn1M RtnYTD Rtn1Y Rtn3Y Rtn5Y Rtn10Y Rtn
FXIiShares China Large-Cap ETF100.00%33.300.0%-8.1%-13.0%-5.8%25.6%-20.4%22.5%
0939.HKChina Construction Bank8.64%        
0700.HKTencent Holdings7.76%        
nullN/A1.56%        
1398.HKIndustrial & Commercial Bank of China6.35%        
3988.HKBank of China4.17%        
2318.HKPing An Insurance Group Co of China4.08%        
2628.HKChina Life Insurance Co.2.47%        
0857.HKPetroChina2.37%        
3968.HKChina Merchants Bank Co.2.06%        
1288.HKAgricultural Bank of China2.05%        
1088.HKChina Shenhua Energy Co1.69%        

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
FXI Return-20%-21%-15%29%29%-12%-21%
Peers Return      0%
S&P 500 Return27%-19%24%23%16%8%98%

Monthly Win Rates [3]
FXI Win Rate33%42%33%58%67%33% 
Peers Win Rate       
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
FXI Max Drawdown-34%-46%-31%-20%-23%-17% 
Peers Max Drawdown       
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: .
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/18/2026 (YTD)

Sharpe Ratios Compared

One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.

Ticker1Y3Y5Y
FXI-0.040.39-0.08
Equity Top Results (3Y)   
NASA5.735.735.73
ARKX4.134.134.13
OMFL3.753.753.75
IALT2.842.842.84
NUSC2.362.362.36

Results as of 5312026.

How Low Can It Go

EventFXIS&P 500
2025 US Tariff Shock
  % Loss-15.6%-18.8%
  % Gain to Breakeven18.5%23.1%
  Time to Breakeven28 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-17.0%-9.5%
  % Gain to Breakeven20.5%10.5%
  Time to Breakeven160 days24 days
2023 SVB Regional Banking Crisis
  % Loss-15.2%-6.7%
  % Gain to Breakeven18.0%7.1%
  Time to Breakeven482 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-40.8%-24.5%
  % Gain to Breakeven69.0%32.4%
  Time to Breakeven709 days427 days
2020 COVID-19 Crash
  % Loss-20.2%-33.7%
  % Gain to Breakeven25.2%50.9%
  Time to Breakeven112 days140 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-27.7%-12.2%
  % Gain to Breakeven38.2%13.9%
  Time to Breakeven242 days62 days

Compare to

In The Past

iShares China Large-Cap ETF's stock fell -15.6% during the 2025 US Tariff Shock. Such a loss loss requires a 18.5% gain to breakeven.

Preserve Wealth

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Asset Allocation

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EventFXIS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-40.8%-24.5%
  % Gain to Breakeven69.0%32.4%
  Time to Breakeven709 days427 days
2020 COVID-19 Crash
  % Loss-20.2%-33.7%
  % Gain to Breakeven25.2%50.9%
  Time to Breakeven112 days140 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-27.7%-12.2%
  % Gain to Breakeven38.2%13.9%
  Time to Breakeven242 days62 days
2014-2016 Oil Price Collapse
  % Loss-26.9%-6.8%
  % Gain to Breakeven36.8%7.3%
  Time to Breakeven208 days15 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-29.9%-17.9%
  % Gain to Breakeven42.7%21.8%
  Time to Breakeven457 days123 days
2008-2009 Global Financial Crisis
  % Loss-67.0%-53.4%
  % Gain to Breakeven202.7%114.4%
  Time to Breakeven2355 days1085 days

Compare to

In The Past

iShares China Large-Cap ETF's stock fell -15.6% during the 2025 US Tariff Shock. Such a loss loss requires a 18.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

FXI Dip Buy History


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Alerts when dip buy opportunities arise.
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Current Dip Buy Opportunities Across ETFs

ETFs currently down 5% or more from trailing 6M peaks.

TickerNameDip %Mkt PricePrice DatePeak PricePeak Date# Days
MAGSRoundhill Magnificent Seven ETF-7.8%65.44619202670.94514202636
AKREAkre Focus ETF-20.2%53.15619202666.591062026164
EWZiShares MSCI Brazil ETF-19.2%33.73619202641.73414202666
FXIiShares China Large-Cap ETF-18.3%33.30619202640.781292026141
ILFiShares Latin America 40 ETF-11.0%33.90619202638.10414202666
KWEBKraneShares CSI China Internet ETF-33.0%25.24619202637.661122026158
SCHYSchwab International Dividend Equity ETF-5.2%31.97619202633.733012026110
COWZPacer US Cash Cows 100 ETF-5.6%61.80619202665.48601202618
URAGlobal X Uranium ETF-22.7%47.78619202661.811282026142
BOTZGlobal X Funds Global X Robotics & Artificial Intelligence ETF-7.8%38.37619202641.63513202637
LITGlobal X Lithium & Battery Tech ETF-10.3%82.15619202691.62511202639
ICLNiShares Global Clean Energy ETF-11.2%21.10619202623.75602202617
ARKQARK Autonomous Technology & Robotics ETF-7.4%133.176192026143.82528202622
ARKWARK Next Generation Internet ETF-5.9%146.636192026155.7812222025179
ARKXARK Space & Defense Innovation ETF-8.4%34.56619202637.74528202622
NASATema Space Innovators ETF-25.4%31.25619202641.89527202623
CGBLCapital Group Core Balanced ETF-6.2%34.41619202636.672252026114
GDEWisdomTree Efficient Gold Plus Equity Strategy Fund-9.1%63.98619202670.39511202639
RAAXVanEck Real Assets ETF-6.3%40.03619202642.70511202639
XLVState Street Health Care Select Sector SPDR ETF-6.4%149.406192026159.543012026110
XLEState Street Energy Select Sector SPDR ETF-14.1%53.77619202662.56329202682
XLCState Street Communication Services Select Sector SPDR ETF-8.6%109.456192026119.702012026138
XLYState Street Consumer Discretionary Select Sector SPDR ETF-5.7%117.166192026124.271122026158
XLPState Street Consumer Staples Select Sector SPDR ETF-6.9%83.30619202689.513012026110
XLUState Street Utilities Select Sector SPDR ETF-5.6%44.76619202647.403012026110
VHTVanguard Health Care ETF-5.3%280.416192026296.161072026163
FXNFirst Trust Energy AlphaDEX Fund-13.0%20.17619202623.18329202682
XOPState Street SPDR S&P Oil & Gas Exploration & Production ETF-18.5%153.366192026188.18329202682
IGViShares Expanded Tech-Software Sector ETF-18.2%89.096192026108.9512222025179
MISLFirst Trust Indxx Aerospace & Defense ETF-9.0%46.40619202650.981192026151
RINGiShares MSCI Global Gold Miners ETF-28.2%71.35619202699.423012026110
PDBCInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETF-12.7%16.50619202618.91512202638
DBCInvesco DB Commodity Index Tracking Fund-12.8%27.63619202631.69512202638
COMTiShares GSCI Commodity Dynamic Roll Strategy ETF-14.1%31.37619202636.53519202631
GSGiShares GSCI Commodity-5.8%30.01619202631.85318202693
BCIabrdn Bloomberg All Commodity Strategy K-1 Free ETF-11.5%22.94619202625.91512202638
FTGCFirst Trust Global Tactical Commodity Strategy Fund-9.6%27.59619202630.53512202638
HGERHarbor Commodity All-Weather Strategy ETF-10.6%29.91619202633.47512202638
GLDSPDR Gold Trust-21.9%387.126192026495.901292026141
IAUiShares Gold Trust-21.9%79.336192026101.571292026141
GLDMSPDR Gold MiniShares Trust-21.9%83.446192026106.771292026141
SGOLETFS Physical Swiss Gold Shares-13.1%44.66619202651.411292026141
BARDirexion Daily Gold Bull 3X Shares-16.6%44.34619202653.161292026141
SLViShares Silver Trust-43.6%59.516192026105.601282026142
SIVRETFS Physical Silver Shares Trust ETF-24.8%83.396192026110.871282026142
PPLTETFS Physical Platinum Shares-39.1%15.37619202625.231252026145
CPERUnited States Copper Index Fund ETV-13.9%33.33619202638.711292026141
PALLETFS Physical Palladium Shares-37.5%23.23619202637.181282026142
USOUnited States Oil Fund LP-24.9%114.876192026152.96519202631
UNGUnited States Natural Gas Fund LP-30.5%11.74619202616.902012026138
BNOUnited States Brent Oil Fund LP ETV-7.1%55.85619202660.13504202646
IBITiShares Bitcoin Trust ETF-35.8%35.62619202655.441142026156
FBTCFidelity Wise Origin Bitcoin Fund-35.7%54.77619202685.121142026156
GBTCGrayscale Bitcoin Trust ETF-19.0%61.84619202676.311142026156
ETHAiShares Ethereum Trust ETF-49.7%12.88619202625.591142026156

ETF Fund Flows

Largest fund inflows and outflows across ETFs, with the asset-allocation rotation they imply.

Net fund flows · as of 2026-06-18

Asset allocation rotation · Past month

  • Equity ETFs drew the largest net inflows (+$91.7B), followed by Bond (+$27.5B), while Crypto (−$4.7B) and Commodity (−$4.0B) saw the largest outflows.
  • Within the mix, money rotated into US Large Cap Core (+$31.9B) and out of Emerging Markets (−$5.0B).
  • Relative to fund size, NASA drew the largest inflow (+82.1% of AUM) and THRO the largest outflow (−35.5%).
Largest inflows
#TickerNameTypeNet flow% of AUM
1VOOVanguard S&P 500 ETFEquity US Large Cap Core+$15.29B+1.5%
2IVViShares Core S&P 500 ETFEquity US Large Cap Core+$8.8B+1.1%
3SPYMState Street SPDR Portfolio S&P 500 ETFEquity US Large Cap Core+$6.81B+4.7%
4DRAMRoundhill Memory ETFOther+$6.19B+39.7%
5VTIVanguard Total Stock Market ETFEquity US Total Market+$5.97B+0.9%
6VOVanguard Mid-Cap ETFEquity US Mid Cap Core+$5.8B+5.6%
7SGOViShares 0-3 Month Treasury Bond ETFCash+$5.38B+5.8%
8IUSBiShares Core Universal USD Bond ETFBond Core Plus Multisector+$5.25B+12.6%
9QQQMInvesco NASDAQ 100 ETFEquity US Nasdaq Growth+$5.19B+5.4%
10VHTVanguard Health Care ETFEquity Broad Sector+$4.38B+26.6%
Largest outflows
#TickerNameTypeNet flow% of AUM
1QUALiShares MSCI USA Quality Factor ETFEquity Factor Smart Beta-$7.09B-15.4%
2EFViShares MSCI EAFE Value ETFEquity International Developed Broad-$5.61B-21.3%
3IBITiShares Bitcoin Trust ETFCrypto-$3.33B-6.5%
4TLTiShares 20+ Year Treasury Bond ETFBond Long Treasury-$3.15B-7.7%
5IAGGiShares Core International Aggregate Bond ETFBond International-$2.77B-24.7%
6IVEiShares S&P 500 Value ETFEquity US Large Value-$2.61B-5.5%
7GLDSPDR Gold SharesCommodity Gold-$2.58B-1.8%
8THROiShares U.S. Thematic Rotation Active ETFEquity Thematic-$2.38B-35.5%
9XLEState Street Energy Select Sector SPDR ETFEquity Broad Sector-$1.25B-3.2%
10IAUiShares Gold TrustCommodity Gold-$1.2B-1.8%

Largest ETF fund flows across ~2562 funds (min AUM $100M). Net creations/redemptions; leveraged & inverse ETFs excluded. A ⚠ marks a day excluded as a suspected data error.

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About FXI

0Holdings Count: 50
Expense Ratio: 0.73%
Inception Date: 2004-10-05
iShares China Large-Cap ETF
The iShares China Large-Cap ETF aims to mirror the performance of an index consisting of major Chinese companies whose shares are traded on the Hong Kong Stock Exchange.
Asset Class: Equity | ETF Website

Recent Active Movers

Peer Comparisons

Peers to compare with:

Profile

FXIMedian
NameiShares Ch. 
Asset ClassEquity-
AUM ($ Bil)5.35.3
Expense Ratio0.73%0.73%
10-D Avg Volume (Mil)58.1658.16
Latest Day Volume (Mil)12.4512.45
Holdings Count5050
Inception Date10/5/2004-

Fundamentals

FXIMedian
NameiShares Ch. 
Net Asset Value35.47-
Premium/Discount-6.1%-6.1%
Distribution Yield2.8%2.8%
Sales Yield--
Earnings Yield--

Valuation

FXIMedian
NameiShares Ch. 
P/S (TTM)--
P/E (TTM)--
P/FCF (TTM)--
Forward P/E--
Forward P/S--

Risk

FXIMedian
NameiShares Ch. 
Volatility (1Y)20.0%20.0%
Volatility (3Y)28.1%28.1%
Volatility (5Y)31.7%31.7%
Beta (1Y)0.870.87
Beta (3Y)0.750.75
Beta (5Y)0.750.75
Sharpe Ratio (1Y)-0.48-0.48
Sharpe Ratio (3Y)0.240.24
Sharpe Ratio (5Y)-0.11-0.11
Max Drawdown (1Y)-19.4%-19.4%
Max Drawdown (3Y)-30.5%-30.5%
Max Drawdown (5Y)-54.9%-54.9%

Returns

FXIMedian
NameiShares Ch. 
1M Return-8.2%-8.2%
3M Return-8.0%-8.0%
6M Return-12.3%-12.3%
YTD Return-13.0%-13.0%
1Y Return-7.1%-7.1%
2Y Return31.3%31.3%
3Y Return23.8%23.8%

Short Interest

Short Interest: As Of Date5292026
Short Interest: Shares Quantity51.1 Mil
Short Interest: % Change Since 5152026-13.2%
Average Daily Volume26.3 Mil
Days-to-Cover Short Interest1.9 days