Which returned more over the last year, FXI or GARP?

In the year to Oct 28, 2026, with distributions reinvested, FXI returned −19.1% and GARP +18.0%.

Which is cheaper, FXI or GARP?

GARP is cheaper, by 0.58 percentage points a year. That is about $58 on $10,000 held for a year. 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.

Data as of Oct 28, 2026.

Across categories

FXI vs GARP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FXI returned −19.1% to GARP's +18.0%; 0% of their weight is in the same names.

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Net assets: $3.7bn on Oct 28, 2026 for iShares China Large-Cap ETF, and $3.6bn on Oct 27, 2026 for iShares MSCI USA Quality GARP ETF.

FXI on its own →GARP on its own →

At a glance

−19.1%

FXI total return, 1 year

+18.0%

GARP total return, 1 year

0.73%

FXI expense ratio

0.15%

GARP expense ratio

Pair scorecard

GARP costs 0.58 points a year less; their one-year returns differ by 37.1 points; FXI is 1.1 times larger.

FXI vs GARP: Differences, Returns & Fees
Measure	FXI	GARP
Return
Measure	FXI	GARP
Total return, 1 year	−19.1%	+18.0%
Drawdown
Measure	FXI	GARP
Below its high	32.7%, high on Feb 17, 2021	7.0%, high on Oct 6, 2026
Benchmark
Measure	FXI	GARP
What it tracks	FTSE China 50 Index	MSCI USA Quality GARP Select Index
Cost and size
Measure	FXI	GARP
Expense ratio	0.73%	0.15%
Net assets, as of Oct 26, 2026	$3.7bn	$3.5bn
Holdings
Measure	FXI	GARP
Holdings in common	0%
Top ten holdings, share of the fund	58.4%	43.5%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

By the books each fund has filed, FXI and GARP hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first FXI GARP

Only in one fund ↓

Only in FXI

CHINA CONSTRUCTION BANK CORP H 9.81%

ALIBABA GROUP HOLDING 8.63%

TENCENT HOLDINGS 8.60%

INDUSTRIAL AND COMMERCIAL BANK OF 6.69%

XIAOMI 4.86%

BANK OF CHINA LTD H 4.76%

MEITUAN 4.58%

NETEASE 3.85%

Only in GARP

MICROSOFT 5.67%

APPLE 5.66%

NVIDIA 5.18%

VISA CLASS A 5.13%

META PLATFORMS CLASS A 4.72%

MICRON TECHNOLOGY 4.61%

LAM RESEARCH 3.31%

CATERPILLAR INC 3.29%

Check overlap with more funds →

Side by side

FXI iShares China Large-Cap ETF GARP iShares MSCI USA Quality GARP ETF

Where it sits Stock ETF Stock ETF

Issuer iShares iShares

What it is Tracks an index of China Large-Cap Tracks the MSCI USA Quality GARP

Total return, 1 year −19.1% +18.0%

Its benchmark over the same days not measured +13.3% (PBUS)

Gap to its benchmark not measured +4.7 pts vs PBUS

Expense ratio 0.73% 0.15%

Already in the S&P 500 0.0% 94.4%

Holdings 51 131

Net assets, FXI as of Oct 28, 2026 and GARP as of Oct 27, 2026 $3.7bn $3.6bn

FXI and GARP on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

FXI

FXI tracks an index of China Large-Cap. Over the year to Oct 28, 2026 it returned −19.1% with distributions reinvested. The prospectus expense ratio is 0.73% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 51 positions, with the top ten at 58.4%. It sat 32.7% below its high of Feb 17, 2021 on Oct 28, 2026.

GARP

GARP tracks the MSCI USA Quality GARP. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested, against +13.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.5%. It sat 7.0% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FXI or GARP?: In the year to Oct 28, 2026, with distributions reinvested, FXI returned −19.1% and GARP +18.0%.
Which is cheaper, FXI or GARP?: GARP is cheaper, by 0.58 percentage points a year. That is about $58 on $10,000 held for a year. 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.

Other comparisons

FXI vs MAGS FXI vs XOVR FXI vs ONEQ FXI vs VOOG EWT vs GARP GARP vs INDA GARP vs URTH GARP vs VPL

Where to next

FXI on its own →GARP on its own →Hold both: look the portfolio through →Rankings →FXI dividend history →FXI holdings →GARP dividend history →GARP holdings →Standards and sources →

Sources and dates

FXI and GARP filings on SEC EDGAR ↗

FXI prospectus with the expense ratio (SEC) ↗

iShares page for FXI ↗

GARP prospectus with the expense ratio (SEC) ↗

iShares page for GARP ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, FXI against GARP, data as of Oct 28, 2026. https://etfiq.com/compare/any/fxi-vs-garp

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.