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

In the year to Oct 28, 2026, with distributions reinvested, FXI returned −19.1% and IWC +16.5%.

Which is cheaper, FXI or IWC?

IWC is cheaper, by 0.13 percentage points a year. That is about $13 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do FXI and IWC overlap with the S&P 500?

By their latest filed holdings, 0% of FXI and 92% of IWC by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

FXI vs IWC: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FXI returned −19.1% to IWC's +16.5%; 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 $1.2bn on Oct 27, 2026 for iShares Micro-Cap ETF.

FXI on its own →IWC on its own →

At a glance

−19.1%

FXI total return, 1 year

+16.5%

IWC total return, 1 year

0.73%

FXI expense ratio

0.60%

IWC expense ratio

Pair scorecard

IWC costs 0.13 points a year less; their one-year returns differ by 35.6 points; FXI is 3.1 times larger.

FXI vs IWC: Differences, Returns & Fees
Measure	FXI	IWC
Return
Measure	FXI	IWC
Total return, 1 year	−19.1%	+16.5%
Drawdown
Measure	FXI	IWC
Below its high	32.7%, high on Feb 17, 2021	9.5%, high on Aug 14, 2026
Benchmark
Measure	FXI	IWC
What it tracks	FTSE China 50 Index	Russell Microcap Index
Cost and size
Measure	FXI	IWC
Expense ratio	0.73%	0.60%
Net assets, as of Oct 26, 2026	$3.7bn	$1.2bn
Holdings
Measure	FXI	IWC
Holdings in common	0%
Top ten holdings, share of the fund	58.4%	5.9%

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

What they share

By the books each fund has filed, FXI and IWC 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 IWC

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 IWC

CAREDX 0.88%

PENGUIN SOLUTIONS INC 0.73%

NURIX THERAPEUTICS 0.63%

SELLAS LIFE SCIENCES GROUP INC 0.60%

VIRIDIAN THERAPEUTICS ORS 0.59%

OUSTER 0.53%

INTERFACE 0.52%

STRIVE INC CLASS A 0.50%

Check overlap with more funds →

Side by side

FXI iShares China Large-Cap ETF IWC iShares Micro-Cap ETF

Where it sits Stock ETF Stock ETF

Issuer iShares iShares

What it is Tracks an index of China Large-Cap Tracks the Russell Microcap

Total return, 1 year −19.1% +16.5%

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

Gap to its benchmark not measured +3.2 pts vs IWV

Expense ratio 0.73% 0.60%

Already in the S&P 500 0.0% 91.7%

Holdings 51 1365

Net assets, FXI as of Oct 28, 2026 and IWC as of Oct 27, 2026 $3.7bn $1.2bn

FXI and IWC 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.

IWC

Over the year to Oct 28, 2026 it returned +16.5% with distributions reinvested, against +13.3% for its benchmark, the Russell 3000 Index.

IWC tracks the Russell Microcap. The prospectus expense ratio is 0.60% a year. By its holdings published by its issuer for Oct 27, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1,365 positions, with the top ten at 5.9%. It sat 9.5% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FXI or IWC?: In the year to Oct 28, 2026, with distributions reinvested, FXI returned −19.1% and IWC +16.5%.
Which is cheaper, FXI or IWC?: IWC is cheaper, by 0.13 percentage points a year. That is about $13 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FXI and IWC overlap with the S&P 500?: By their latest filed holdings, 0% of FXI and 92% of IWC by weight is stocks the S&P 500 already holds.

Other comparisons

FXI vs IJT FXI vs IJR FXI vs VTWO FXI vs IWM EWT vs IWC INDA vs IWC IWC vs URTH IWC vs VPL

Where to next

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

Sources and dates

FXI and IWC filings on SEC EDGAR ↗

FXI prospectus with the expense ratio (SEC) ↗

iShares page for FXI ↗

IWC prospectus with the expense ratio (SEC) ↗

iShares page for IWC ↗

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 IWC, data as of Oct 28, 2026. https://etfiq.com/compare/any/fxi-vs-iwc

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