Get the weekly note

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

FXI vs QQQ: how they differ

FXI and QQQ hold 0% of their weight in the same names, and QQQ returned more over the year.

iShares China Large-Cap ETF and Invesco QQQ Trust.

What they hold in common

By the books each fund has filed, FXI and QQQ hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in FXIOnly in QQQ
CHINA CONSTRUCTION BANK CORP H 9.88%NVIDIA Corp 8.52%
ALIBABA GROUP HOLDING 9.14%Apple Inc 7.72%
TENCENT HOLDINGS 8.34%Microsoft Corp 5.89%
INDUSTRIAL AND COMMERCIAL BANK OF 6.56%Micron Technology Inc 4.90%
XIAOMI 4.83%Amazon.com Inc 4.36%
MEITUAN 4.36%Advanced Micro Devices Inc 3.65%
BANK OF CHINA LTD H 4.32%Alphabet Inc 3.12%
PING AN INSURANCE (GROUP) CO OF CH 3.80%Meta Platforms Inc 3.07%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.

FXI and QQQ on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
FXI
iShares China Large-Cap ETF
QQQ
Invesco QQQ Trust
Where it sitsCore index fundCore index fund
IssueriSharesInvesco
What it isChina Large-CapNasdaq-100
Total return, 1 year−13.8%+23.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−31.3 pts+5.5 pts
Expense ratio0.73%0.18%
Already in the S&P 5000.0%96.7%
Holdings53105

FXI in plain words

FXI is an index equity fund tracking the China Large-Cap. Over the year to Sep 11, 2026 it returned −13.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.73% a year. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 53 positions, with the top ten at 57.9%. It sat 28.5% below its high of Feb 17, 2021 on Sep 11, 2026.

QQQ in plain words

QQQ is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for Sep 10, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 47.0%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, FXI or QQQ?
In the year to Sep 13, 2026, with distributions reinvested, FXI returned −13.8% and QQQ returned +23.0%, so QQQ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, FXI or QQQ?
FXI charges 0.73% a year and QQQ charges 0.18%, so QQQ is cheaper. Fees come from each fund's prospectus.
How much do FXI and QQQ overlap with the S&P 500?
By their latest filed holdings, 0% of FXI and 97% of QQQ by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

Other comparisons

Where to next

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

FXI against QQQ, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FXI against QQQ, data as of Sep 13, 2026. https://etfiq.com/compare/any/fxi-vs-qqq Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources