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

In the year to Oct 28, 2026, with distributions reinvested, FXI returned −19.1% and LQD −3.4%.

Which is cheaper, FXI or LQD?

LQD is cheaper, by 0.59 percentage points a year. That is about $59 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

FXI vs LQD: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Oct 28, 2026, FXI returned −19.1% to LQD's −3.4%; 0% of their weight is in the same names.

askIQ about this page

askIQ about FXI and LQD

Net assets: $3.7bn on Oct 28, 2026 for iShares China Large-Cap ETF, and $30.6bn on Oct 27, 2026 for iShares iBoxx $ Investment Grade Corporate Bond ETF.

FXI on its own →LQD on its own →

At a glance

−19.1%

FXI total return, 1 year

−3.4%

LQD total return, 1 year

0.73%

FXI expense ratio

0.14%

LQD expense ratio

Pair scorecard

LQD costs 0.59 points a year less; their one-year returns differ by 15.7 points; LQD is 8.2 times larger.

FXI vs LQD: Differences, Returns & Fees
Measure	FXI	LQD
Return
Measure	FXI	LQD
Total return, 1 year	−19.1%	−3.4%
Drawdown
Measure	FXI	LQD
Below its high	32.7%, high on Feb 17, 2021	6.3%, high on Sep 22, 2021
Benchmark
Measure	FXI	LQD
What it tracks	FTSE China 50 Index	Markit iBoxx USD Liquid Investment Grade Index
Cost and size
Measure	FXI	LQD
Expense ratio	0.73%	0.14%
Net assets, as of Oct 23, 2026	$3.7bn	$30.2bn
Holdings
Measure	FXI	LQD
Holdings in common	0%
In the S&P 500, by weight	0%
Top ten holdings, share of the fund	58.4%

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

What they share

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

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 LQD

ANHEUSER-BUSCH COMPANIES LLC 0.20%

CVS HEALTH CORP 0.17%

SPACE EXPLORATION TECHNOLOGIES COR 144A 0.16%

T-MOBILE USA INC 0.16%

AMAZON.COM INC 0.14%

BOEING CO 0.14%

CITIGROUP INC 0.14%

GOLDMAN SACHS GROUP INC 0.14%

Check overlap with more funds →

Side by side

FXI iShares China Large-Cap ETF LQD iShares iBoxx $ Investment Grade Corporate Bond ETF

Where it sits Stock ETF Bond ETF

Issuer iShares iShares

What it is Tracks an index of China Large-Cap Tracks an index of US investment grade bonds

Total return, 1 year −19.1% −3.4%

Its benchmark over the same days not measured −1.2% (IUSB)

Gap to its benchmark not measured −2.2 pts vs IUSB

Expense ratio 0.73% 0.14%

Holdings 51 3191

Net assets, FXI as of Oct 28, 2026 and LQD as of Oct 27, 2026 $3.7bn $30.6bn

FXI and LQD 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.

LQD

LQD tracks an index of US investment grade bonds. Over the year to Oct 28, 2026 it returned −3.4% with distributions reinvested, against −1.2% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.14% a year. It sat 6.3% below its high of Sep 22, 2021 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FXI or LQD?: In the year to Oct 28, 2026, with distributions reinvested, FXI returned −19.1% and LQD −3.4%.
Which is cheaper, FXI or LQD?: LQD is cheaper, by 0.59 percentage points a year. That is about $59 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

FXI vs IGIB FXI vs VCIT FXI vs JAAA FXI vs IEI EWT vs LQD INDA vs LQD LQD vs URTH LQD vs VPL

Where to next

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

Sources and dates

FXI and LQD filings on SEC EDGAR ↗

FXI prospectus with the expense ratio (SEC) ↗

iShares page for FXI ↗

LQD prospectus with the expense ratio (SEC) ↗

iShares page for LQD ↗

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

Open data →

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