Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
EEM vs FXI: how they differ
EEM and FXI hold 13% of their weight in the same names, and EEM returned more over the year.
iShares MSCI Emerging Markets ETF and iShares China Large-Cap ETF.
What they hold in common
By the books each fund has filed, EEM and FXI hold 13% of their money in the same securities at the same weight.
| Holding | EEM | FXI |
|---|---|---|
| Tencent Holdings Limited | 2.71% | 7.72% |
| Alibaba Group Holding Limited | 2.08% | 8.66% |
| XIAOMI CORPORATION | 0.48% | 5.41% |
| MEITUAN | 0.38% | 4.79% |
| BYD COMPANY LIMITED | 0.34% | 4.09% |
| NETEASE, INC. | 0.33% | 3.56% |
| BAIDU, INC. | 0.29% | 2.83% |
| JD.COM, INC. | 0.27% | 3.00% |
| PetroChina Company Limited | 0.23% | 2.69% |
| TRIP.COM GROUP LIMITED | 0.23% | 2.69% |
| China Life Insurance Company Limited | 0.21% | 2.30% |
| Zijin Mining Group Company Limited | 0.20% | 2.32% |
| Only in EEM | Only in FXI |
|---|---|
| Taiwan Semiconductor Manufacturing Compa 14.28% | Jiangsu Hengrui Pharmaceuticals Co.,Ltd 0.14% |
| SK hynix Inc. 6.65% | |
| MediaTek Inc. 1.62% | |
| DELTA ELECTRONICS, INC. 1.17% | |
| HON HAI PRECISION INDUSTRY CO., LTD. 0.90% | |
| Samsung Electronics Co., Ltd. 0.85% | |
| HDFC BANK LIMITED 0.70% | |
| RELIANCE INDUSTRIES LIMITED 0.66% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.
| EEM iShares MSCI Emerging Markets ETF | FXI iShares China Large-Cap ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Emerging markets | China Large-Cap |
| Total return, 1 year | +32.3% | −13.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +14.8 pts | −31.3 pts |
| Expense ratio | 0.72% | 0.73% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 1245 | 52 |
EEM in plain words
EEM is an index equity fund tracking the Emerging markets. Over the year to Sep 11, 2026 it returned +32.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.72% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1245 positions, with the top ten at 38.9%. It sat 4.7% below its high of Jun 22, 2026 on Sep 11, 2026.
FXI in plain words
FXI is an index equity fund tracking the China Large-Cap. Over the year to Sep 11, 2026 it returned −13.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.73% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 52 positions, with the top ten at 56.6%. It sat 28.5% below its high of Feb 17, 2021 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, EEM or FXI?
- In the year to Sep 12, 2026, with distributions reinvested, EEM returned +32.3% and FXI returned −13.8%, so EEM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EEM or FXI?
- EEM charges 0.72% a year and FXI charges 0.73%, so EEM is cheaper. Fees come from each fund's prospectus.
- How much do EEM and FXI overlap with the S&P 500?
- By their latest filed holdings, 0% of EEM and 0% of FXI by weight is stocks the S&P 500 already holds. Between the two funds, 13% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, EEM against FXI, data as of Sep 12, 2026. https://etfiq.com/compare/any/EEM-FXI Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources