Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
FXI vs GARP: how they differ
FXI and GARP hold 0% of their weight in the same names, and GARP returned more over the year.
iShares China Large-Cap ETF and iShares MSCI USA Quality GARP ETF.
What they hold in common
By the books each fund has filed, FXI and GARP hold 0% of their money in the same securities at the same weight.
| Only in FXI | Only in GARP |
|---|---|
| Alibaba Group Holding Limited 8.66% | KLA CORP 6.46% |
| CHINA CONSTRUCTION BANK CORPORATION 8.25% | MICRON TECHNOLOGY INC 6.07% |
| Tencent Holdings Limited 7.72% | APPLE INC 4.44% |
| INDUSTRIAL AND COMMERCIAL BANK OF CHINA 6.02% | NVIDIA CORP 4.16% |
| XIAOMI CORPORATION 5.41% | MICROSOFT CORP 4.10% |
| MEITUAN 4.79% | BROADCOM INC 3.96% |
| Ping An Insurance (Group) Company of Chi 4.41% | LAM RESEARCH CORP 3.79% |
| BYD COMPANY LIMITED 4.09% | ELI LILLY & COMPANY 3.73% |
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 Jun 30, 2026.
| FXI iShares China Large-Cap ETF | GARP iShares MSCI USA Quality GARP ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | China Large-Cap | MSCI USA Quality GARP |
| Total return, 1 year | −13.8% | +29.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −31.3 pts | +12.0 pts |
| Expense ratio | 0.73% | 0.15% |
| Already in the S&P 500 | 0.0% | 94.4% |
| Holdings | 52 | 131 |
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.
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.
Questions people ask
- Which returned more over the last year, FXI or GARP?
- In the year to Sep 12, 2026, with distributions reinvested, FXI returned −13.8% and GARP returned +29.5%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FXI or GARP?
- FXI charges 0.73% a year and GARP charges 0.15%, so GARP is cheaper. Fees come from each fund's prospectus.
- How much do FXI and GARP overlap with the S&P 500?
- By their latest filed holdings, 0% of FXI and 94% of GARP by weight is stocks the S&P 500 already holds. Between the two funds, 0% 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, FXI against GARP, data as of Sep 12, 2026. https://etfiq.com/compare/any/FXI-GARP Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources