Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
FXI vs VWO: how they differ
FXI and VWO hold 0% of their weight in the same names, and VWO returned more over the year.
iShares China Large-Cap ETF and Vanguard Emerging Markets Stock Index Fund.
What they hold in common
By the books each fund has filed, FXI and VWO hold 0% of their money in the same securities at the same weight.
| Only in FXI | Only in VWO |
|---|---|
| Alibaba Group Holding Limited 8.66% | Taiwan Semiconductor Manufacturing Co Lt 14.73% |
| CHINA CONSTRUCTION BANK CORPORATION 8.25% | Tencent Holdings Ltd 3.28% |
| Tencent Holdings Limited 7.72% | Alibaba Group Holding Ltd 2.57% |
| INDUSTRIAL AND COMMERCIAL BANK OF CHINA 6.02% | Delta Electronics Inc 1.18% |
| XIAOMI CORPORATION 5.41% | MediaTek Inc 1.07% |
| MEITUAN 4.79% | Reliance Industries Ltd 0.90% |
| Ping An Insurance (Group) Company of Chi 4.41% | HDFC Bank Ltd 0.81% |
| BYD COMPANY LIMITED 4.09% | Hon Hai Precision Industry Co Ltd 0.75% |
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.
| FXI iShares China Large-Cap ETF | VWO Vanguard Emerging Markets Stock Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | China Large-Cap | Emerging markets |
| Total return, 1 year | −13.8% | +15.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −31.3 pts | −1.9 pts |
| Expense ratio | 0.73% | 0.06% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 52 | 6355 |
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.
VWO in plain words
VWO is an index equity fund tracking the Emerging markets. Over the year to Sep 11, 2026 it returned +15.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% 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 6355 positions, with the top ten at 26.8%.
Questions people ask
- Which returned more over the last year, FXI or VWO?
- In the year to Sep 12, 2026, with distributions reinvested, FXI returned −13.8% and VWO returned +15.6%, so VWO returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FXI or VWO?
- FXI charges 0.73% a year and VWO charges 0.06%, so VWO is cheaper. Fees come from each fund's prospectus.
- How much do FXI and VWO overlap with the S&P 500?
- By their latest filed holdings, 0% of FXI and 0% of VWO 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.
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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 VWO, data as of Sep 12, 2026. https://etfiq.com/compare/any/FXI-VWO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources