FXI
iShares China Large-Cap ETF · BlackRock
Country ETFs
1Y Return
-2.5%
Expense Ratio
0.74%
AUM
$4.34B
Dividend Yield
1.88%
Avg Annual Growth (10Y)
+1.8%
Issuer
BlackRock / iShares

Overview

Tracks the 50 largest Chinese companies listed in Hong Kong. Heavy state-owned enterprise exposure. The most liquid and heavily traded China ETF with significant options market.

Top Holdings

TickerHoldingWeight
TCEHYTencent Holdings10.8%
BABAAlibaba Group9.4%
3690Meituan7.8%
0939China Const. Bank6.8%
0883CNOOC Ltd.5.8%
1398ICBC5.4%
0941China Mobile4.8%
2318Ping An Insurance4.4%
JDJD.com Inc.3.8%
3988Bank of China3.4%

Fund Details

Index
FTSE China 50
# Holdings
50
Inception
Oct 2004
Exchange
NYSE Arca
Structure
Open-End Fund
Distribution
Semi-Annual
Avg Annual Growth (10Y)
+1.8%
Avg Annual Yield (10Y)
1.55%

Investment Thesis

FXI's 50-stock portfolio of the largest Hong Kong-listed Chinese companies creates the most liquid and tradeable China equity instrument available with the deepest options market of any China ETF. The heavy state-owned enterprise weighting in banking and energy makes FXI particularly sensitive to Chinese government economic policy decisions and PBOC monetary actions.

Who It's For

Tactical traders and institutional investors who need China equity exposure with deep options liquidity for hedging and structured strategies. FXI's options market enables sophisticated positions unavailable in other China ETFs. For long-term fundamental investors MCHI or KWEB provide better-suited exposure. FXI is primarily a trading and risk management vehicle rather than a buy-and-hold investment.

10-Year History

Annual Closing Price
YearClose% Chg
2016$33.82--
2017$44.18+30.6%
2018$33.42-24.4%
2019$35.18+5.3%
2020$44.82+27.4%
2021$44.42-0.9%
2022$28.82-35.1%
2023$27.42-4.9%
2024$28.82+5.1%
2025$32.48+12.7%
Annual Dividend Yield
YearYield
20161.72%
20171.58%
20181.82%
20191.68%
20201.48%
20211.32%
20221.62%
20231.48%
20241.38%
20251.42%
Annual AUM
YearAUM% Chg
2016$4.2B--
2017$5.8B+38.1%
2018$4.8B-17.2%
2019$4.8B+0.0%
2020$7.2B+50.0%
2021$8.8B+22.2%
2022$5.6B-36.4%
2023$6.2B+10.7%
2024$7.8B+25.8%
2025$8.8B+12.8%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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