Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
FXI vs MDY: how they differ
FXI and MDY hold 0% of their weight in the same names, and MDY returned more over the year.
iShares China Large-Cap ETF and SPDR S&P MidCap 400 ETF Trust.
What they hold in common
By the books each fund has filed, FXI and MDY hold 0% of their money in the same securities at the same weight.
| Only in FXI | Only in MDY |
|---|---|
| Alibaba Group Holding Limited 8.66% | TWILIO INC 0.86% |
| CHINA CONSTRUCTION BANK CORPORATION 8.25% | CARPENTER TECHNOLOGY CORP 0.85% |
| Tencent Holdings Limited 7.72% | MKS INC 0.83% |
| INDUSTRIAL AND COMMERCIAL BANK OF CHINA 6.02% | CURTISS-WRIGHT CORP 0.77% |
| XIAOMI CORPORATION 5.41% | ENTEGRIS INC 0.76% |
| MEITUAN 4.79% | NVENT ELECTRIC PLC 0.76% |
| Ping An Insurance (Group) Company of Chi 4.41% | ATI INC 0.74% |
| BYD COMPANY LIMITED 4.09% | ILLUMINA INC 0.73% |
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 | MDY SPDR S&P MidCap 400 ETF Trust | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | China Large-Cap | S&P MidCap 400, book from IJH |
| Total return, 1 year | −13.8% | +13.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −31.3 pts | −4.5 pts |
| Expense ratio | 0.73% | 0.23% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 52 | 400 |
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.
MDY in plain words
MDY is an index equity fund tracking the S&P MidCap 400. Over the year to Sep 11, 2026 it returned +13.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.23% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 400 positions, with the top ten at 7.7%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, FXI or MDY?
- In the year to Sep 12, 2026, with distributions reinvested, FXI returned −13.8% and MDY returned +13.0%, so MDY returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FXI or MDY?
- FXI charges 0.73% a year and MDY charges 0.23%, so MDY is cheaper. Fees come from each fund's prospectus.
- How much do FXI and MDY overlap with the S&P 500?
- By their latest filed holdings, 0% of FXI and 0% of MDY 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
Where to next
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 MDY, data as of Sep 12, 2026. https://etfiq.com/compare/any/FXI-MDY Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources