Data as of Oct 28, 2026.

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FXI vs TLT: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FXI returned −19.1% to TLT's −7.9%; 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 $47.4bn on Oct 27, 2026 for iShares 20+ Year Treasury Bond ETF.

At a glance
−19.1%
FXI total return, 1 year
−7.9%
TLT total return, 1 year
0.73%
FXI expense ratio
0.15%
TLT expense ratio

Pair scorecard

TLT costs 0.58 points a year less; their one-year returns differ by 11.2 points; TLT is 12.9 times larger.

FXI vs TLT: Differences, Returns & Fees
MeasureFXITLT
Return
Total return, 1 year−19.1%−7.9%
Drawdown
Below its high32.7%, high on Feb 17, 202142.6%, high on Aug 4, 2020
Benchmark
What it tracksFTSE China 50 IndexICE U.S. Treasury 20+ Year Bond Index
Cost and size
Expense ratio0.73%0.15%
Net assets, as of Oct 26, 2026$3.7bn$47.8bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund58.4%

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

What they share

0%

By the books each fund has filed, FXI and TLT 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 TLT
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 TLT
TREASURY BOND 4.32%
TREASURY BOND 4.12%
TREASURY BOND (OLD) 4.07%
TREASURY BOND 4.02%
TREASURY BOND 3.93%
TREASURY BOND 3.92%
TREASURY BOND 3.89%
TREASURY BOND 3.88%
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Side by side

FXI iShares China Large-Cap ETF TLT iShares 20+ Year Treasury Bond ETF
Where it sits Stock ETF Bond ETF
What it is Tracks an index of China Large-Cap Tracks an index of 20+ year Treasuries
Total return, 1 year −19.1% −7.9%
Its benchmark over the same days not measured −7.8% (BBLB)
Gap to its benchmark not measured −0.1 pts vs BBLB
Expense ratio 0.73% 0.15%
Holdings 51 47
Net assets, FXI as of Oct 28, 2026 and TLT as of Oct 27, 2026 $3.7bn $47.4bn

FXI and TLT 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.

TLT

TLT tracks an index of 20+ year Treasuries. Over the year to Oct 28, 2026 it returned −7.9% with distributions reinvested, against −7.8% for its benchmark, the ICE U.S. Treasury 20+ Year Bond Index. The prospectus expense ratio is 0.15% a year. It sat 42.6% below its high of Aug 4, 2020 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FXI or TLT?
In the year to Oct 28, 2026, with distributions reinvested, FXI returned −19.1% and TLT −7.9%.
Which is cheaper, FXI or TLT?
TLT is cheaper, by 0.58 percentage points a year. That is about $58 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, FXI against TLT, data as of Oct 28, 2026. https://etfiq.com/compare/any/fxi-vs-tlt

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