Data as of Oct 28, 2026.

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FXI vs MDY: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FXI returned −19.1% to MDY's +12.8%; 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 $25.9bn on Oct 27, 2026 for SPDR S&P MidCap 400 ETF Trust.

At a glance
−19.1%
FXI total return, 1 year
+12.8%
MDY total return, 1 year
0.73%
FXI expense ratio
0.23%
MDY expense ratio

Pair scorecard

MDY costs 0.50 points a year less; their one-year returns differ by 31.9 points; MDY is 7.0 times larger.

FXI vs MDY: Differences, Returns & Fees
MeasureFXIMDY
Return
Total return, 1 year−19.1%+12.8%
Drawdown
Below its high32.7%, high on Feb 17, 20216.5%, high on Aug 14, 2026
Benchmark
What it tracksFTSE China 50 IndexS&P MidCap 400 Index
Cost and size
Expense ratio0.73%0.23%
Net assets, as of Oct 26, 2026$3.7bn$25.8bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund58.4%7.5%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first FXI MDY
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 MDY
Okta Inc. Class A 1.09%
U.S. Dollar 0.96%
TechnipFMC plc 0.81%
United Therapeutics Corporation 0.73%
Entegris Inc. 0.66%
ATI Inc 0.66%
US Foods Holding Corp. 0.64%
Reliance Inc. 0.64%
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Side by side

FXI iShares China Large-Cap ETF MDY SPDR S&P MidCap 400 ETF Trust
Where it sits Stock ETF Stock ETF
What it is Tracks an index of China Large-Cap Tracks the S&P MidCap 400
Total return, 1 year −19.1% +12.8%
Its benchmark over the same days not measured +13.2% (IJH)
Gap to its benchmark not measured −0.4 pts vs IJH
Expense ratio 0.73% 0.23%
Already in the S&P 500 0.0% 0.0%
Holdings 51 401
Net assets, FXI as of Oct 28, 2026 and MDY as of Oct 27, 2026 $3.7bn $25.9bn

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

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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.

MDY

MDY tracks the S&P MidCap 400. Over the year to Oct 28, 2026 it returned +12.8% with distributions reinvested, against +13.2% for its benchmark, the S&P MidCap 400 Index. The prospectus expense ratio is 0.23% 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 401 positions, with the top ten at 7.5%. It sat 6.5% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FXI or MDY?
In the year to Oct 28, 2026, with distributions reinvested, FXI returned −19.1% and MDY +12.8%.
Which is cheaper, FXI or MDY?
MDY is cheaper, by 0.50 percentage points a year. That is about $50 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FXI and MDY overlap with the S&P 500?
By their latest filed holdings, 0% of FXI and 0% of MDY by weight is stocks the S&P 500 already holds.
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ETFIQ, FXI against MDY, data as of Oct 28, 2026. https://etfiq.com/compare/any/fxi-vs-mdy

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