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

In the year to Oct 9, 2026, with distributions reinvested, FXI returned −13.9% and MCHI −17.8%.

Which is cheaper, FXI or MCHI?

MCHI is cheaper, by 0.14 percentage points a year. That is about $14 on $10,000 held for a year. Fees come from each fund's prospectus.

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

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

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FXI vs MCHI: Differences, Returns & Fees

FXI and MCHI hold 55% of their weight in the same names, and FXI returned −13.9% over the year. Net assets on Oct 9, 2026: $4.0bn for iShares China Large-Cap ETF and $6.0bn for iShares MSCI China ETF.

MCHI costs 0.14 points a year less; their one-year returns differ by 3.9 points; MCHI is 1.5 times larger.

	FXI	MCHI
Expense ratio	0.73%	0.59%
Net assets	$4.0bn	$6.0bn
Total return, 1 year	−13.9%	−17.8%
What it tracks	FTSE China 50 Index	MSCI China Index
Holdings in common	55%
Top ten holdings, share of the fund	57.4%	41.1%
Below its high	29.0%, high on Feb 17, 2021	39.9%, high on Feb 17, 2021

Holdings in common uses holdings dated Oct 8, 2026.

−13.9%

FXI total return, 1 year

−17.8%

MCHI total return, 1 year

0.73%

FXI expense ratio

0.59%

MCHI expense ratio

What they hold in common

By the books each fund has filed, FXI and MCHI hold 55% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 8, 2026.

50%

half

55% in common

Positions both hold, largest shared weight first

Holding FXI MCHI

ALIBABA GROUP HOLDING 9.01% 9.35%

TENCENT HOLDINGS 8.91% 13.48%

CHINA CONSTRUCTION BANK CORP H 9.20% 4.34%

INDUSTRIAL AND COMMERCIAL BANK OF 6.46% 2.63%

XIAOMI 4.35% 2.16%

BANK OF CHINA LTD H 4.60% 2.15%

MEITUAN 4.29% 1.86%

NETEASE 3.90% 1.75%

PING AN INSURANCE (GROUP) CO OF CH 3.57% 1.69%

BYD H 3.11% 1.43%

JD.COM CLASS A 2.99% 1.29%

PETROCHINA H 2.37% 1.11%

Only in FXI

GIGADEVICE SEMICONDUCTOR INC CLASS 0.15%

MONTAGE TECHNOLOGY CLASS H 0.13%

JIANGSU HENGRUI PHARMACEUTICALS LT 0.12%

CHINA EVERBRIGHT BANK LTD H 0.10%

FTSE CHINA H50 OCT 26 0.00%

HKD/USD 0.00%

Only in MCHI

PDD HOLDINGS ADS 1.69%

LENOVO GROUP 1.29%

WUXI BIOLOGICS CAYMAN 1.02%

INNOVENT BIOLOGICS 0.71%

KWEICHOW MOUTAI A 0.59%

YUM CHINA HOLDINGS INC 0.57%

GEELY AUTOMOBILE HOLDINGS LTD 0.51%

KE HOLDINGS 0.48%

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On the same fields

FXI

iShares China Large-Cap ETF

MCHI

iShares MSCI China ETF

Where it sits Stock ETF Stock ETF

Issuer iShares iShares

What it is Tracks an index of China Large-Cap Tracks an index

Total return, 1 year −13.9% −17.8%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 −31.2 pts −35.0 pts

Expense ratio 0.73% 0.59%

Already in the S&P 500 0.0% 0.0%

Holdings 52 579

Net assets $4.0bn $6.0bn

FXI and MCHI on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

FXI in plain words

FXI tracks an index of China Large-Cap. Over the year to Oct 9, 2026 it returned −13.9% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.73% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 52 positions, with the top ten at 57.4%. It sat 29.0% below its high of Feb 17, 2021 on Oct 9, 2026.

MCHI in plain words

MCHI tracks an index. Over the year to Oct 9, 2026 it returned −17.8% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.59% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 579 positions, with the top ten at 41.1%. It sat 39.9% below its high of Feb 17, 2021 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, FXI or MCHI?: In the year to Oct 9, 2026, with distributions reinvested, FXI returned −13.9% and MCHI −17.8%.
Which is cheaper, FXI or MCHI?: MCHI is cheaper, by 0.14 percentage points a year. That is about $14 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FXI and MCHI overlap with the S&P 500?: By their latest filed holdings, 0% of FXI and 0% of MCHI by weight is stocks the S&P 500 already holds.

Other comparisons

ASHR vs FXI EWT vs FXI CQQQ vs FXI EWH vs FXI ASHR vs MCHI FLTW vs MCHI CQQQ vs MCHI EWT vs MCHI

FXI on its own →MCHI on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

FXI and MCHI filings on SEC EDGAR ↗FXI prospectus with the expense ratio (SEC) ↗iShares page for FXI ↗MCHI prospectus with the expense ratio (SEC) ↗iShares page for MCHI ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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 MCHI, data as of Oct 9, 2026. https://etfiq.com/compare/any/fxi-vs-mchi

Open data

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