MCHI vs FXI: Holdings Overlap
iShares · 580 holdings · $6.3B · as of 2026-05-31
FXIiShares China Large-Cap ETF
iShares · 52 holdings · $4.3B · as of 2026-04-30
Holdings snapshots are 31 days apart (MCHI: 2026-05-31, FXI: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are MCHI and FXI?
iShares MSCI China ETF (MCHI, by iShares) holds 580 positions; iShares China Large-Cap ETF (FXI, by iShares) holds 52. They have 49 holdings in common, and by portfolio weight the two funds are 52.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 52.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 49MCHI holds 580 · FXI holds 52
- Weight in Shared Holdings
- MCHI 60%·FXI 100%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in MCHI
531 of 580 positions (39.9% of the fund) are not held by FXI. Showing the top 30 by weight.
Sector Breakdown
| Sector | MCHI | FXI |
|---|---|---|
| Financials | 14.8% | 31.0% |
| Consumer Discretionary | 21.1% | 25.4% |
| Communication Services | 17.2% | 15.4% |
| Information Technology | 7.8% | 5.4% |
| Energy | 2.6% | 5.6% |
| Other Sectors | 7.6% | 8.8% |
| Unclassified | 28.5% | 8.3% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (29% of MCHI, 8% of FXI).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| MCHI | +9.3% | -5.2% | -1.0% | +8.7% | -2.2% | +4.3% | 1.94% |
| FXI | +11.3% | -4.8% | -2.4% | +10.4% | +0.1% | +2.5% | 1.88% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in MCHI vs FXI →
Shared Holdings(49)
The top 10 shared positions account for 64% of the overlap, led by 9988, 700 and C6T.
 9988Alibaba Group Holding Ltd | 10.14% | 8.66% | 8.66% |
|---|---|---|---|
 700Tencent Holdings Ltd. | 13.21% | 7.72% | 7.72% |
 C6TChina Construction Bank Corp | 3.97% | 8.25% | 3.97% |
 1810Xiaomi Corp | 2.35% | 5.41% | 2.35% |
 ICKIndustrial & Commercial Bank of China Ltd | 2.10% | 6.02% | 2.10% |
 2318RUBPing An Insurance Group Co of China Ltd | 1.96% | 4.41% | 1.96% |
 3690Meituan, B Shares | 1.84% | 4.79% | 1.84% |
 W8VBank of China Ltd | 1.80% | 3.72% | 1.80% |
 9999NetEase Inc | 1.63% | 3.56% | 1.63% |
 1211RUBBYD Co Ltd | 1.63% | 4.09% | 1.63% |
 9888Baidu, Inc., A Shares | 1.44% | 2.83% | 1.44% |
 9618JD.com Inc | 1.31% | 3.00% | 1.31% |
 PC6PetroChina Co Ltd | 1.12% | 2.68% | 1.12% |
 9961Trip.com Group Ltd | 1.11% | 2.69% | 1.11% |
 CHLChina Life Insurance Co Ltd | 1.05% | 2.30% | 1.05% |
 FJZZijin Mining Group Co Ltd | 0.97% | 2.32% | 0.97% |
 M4BChina Merchants Bank Co Ltd | 0.90% | 1.92% | 0.90% |
 EK7Agricultural Bank of China Ltd | 0.77% | 2.00% | 0.77% |
 IKFChina Shenhua Energy Co Ltd | 0.74% | 1.75% | 0.74% |
 IJ0BeOne Medicines Ltd | 0.74% | 1.49% | 0.74% |
 C7A0Contemporary Amperex Technology Co Ltd | 0.63% | 0.99% | 0.63% |
 1024Kuaishou Technology | 0.57% | 1.31% | 0.57% |
 1109China Resources Land Ltd | 0.55% | 1.01% | 0.55% |
 PJCPICC Property & Casualty Co Ltd | 0.49% | 1.04% | 0.49% |
 CHUChina Petroleum & Chemical Corp | 0.48% | 1.12% | 0.48% |
Frequently Asked Questions
How much do MCHI and FXI overlap?
MCHI and FXI overlap by 52.6% of portfolio weight. They share 49 holdings (MCHI holds 580 positions and FXI holds 52), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MCHI and FXI?
The two portfolios are 52.6% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of MCHI and FXI?
The largest positions held by both funds are 9988, 700, C6T, 1810 and ICK. Together the top 10 shared positions account for 64% of the total overlap.
What does MCHI own that FXI doesn't?
531 positions (39.9% of MCHI) are unique to MCHI, led by PDD, 992 and 300750. In the other direction, 3 positions (0.3% of FXI) are unique to FXI.