FXI ETF Analysis: Holdings, Fees, Inception, Sectors, And Portfolio Role

Investor Checklist

• Issuer and listing venue: BlackRock, NYSEARCA.
• Launch date and fee: Oct 5, 2004, 0.74%.
• Portfolio size and concentration: 59 holdings, with the top 10 at 56.25%.
• Primary exposure: Equity; Greater China Region; Asia-Pacific; Index: FTSE China 50 Net Tax USD Index
• Best use case: International diversification sleeve for investors who want exposure beyond the U.S. market.
• Main risk to respect: The key risk is that FXI's stated diversification may not protect investors if its dominant exposure, largest holdings, or main macro factor reverses. Current top-10 concentration is 56.25%.

FXI Investor Snapshot

FXI is iShares China Large-Cap ETF, issued by BlackRock. It is best understood as a international diversification sleeve. The fund has $5.97B in AUM, charges 0.74%, holds 59 holdings, and has top-10 concentration of 56.25%. Its largest listed holdings include Alibaba Group Holding Limited (8.95%), China Construction Bank Corporation (8.27%), Tencent Holdings Limited (7.47%).

FXI ETF Facts: Launch Date, Issuer, Fee, Assets, And Strategy

FXI is iShares China Large-Cap ETF. Issuer: BlackRock. Exchange: NYSEARCA. Inception: Oct 5, 2004. Expense ratio: 0.74%. AUM: $5.97B. Mandate or tracked index: FTSE China 50 Net Tax USD Index

FXI Top Holdings And Concentration

Holdings snapshot: May 19, 2026. FXI has 59 holdings. The top 10 positions account for 56.25%, so investors should read the fund through its largest holdings first rather than assuming every ETF is equally diversified.

• 9988 - Alibaba Group Holding Limited: 8.95%
• 0939 - China Construction Bank Corporation: 8.27%
• 0700 - Tencent Holdings Limited: 7.47%
• 1398 - Industrial and Commercial Bank of China Limited: 5.92%
• 1810 - Xiaomi Corporation: 5.65%
• 3690 - Meituan: 4.73%
• 2318 - Ping An Insurance (Group) Company of China, Ltd.: 4.26%
• 3988 - Bank of China Limited: 3.86%
• 1211 - BYD Company Limited: 3.69%
• 9999 - NetEase, Inc.: 3.47%

FXI Sector And Industry Exposure

FXI exposure summary: Equity; Greater China Region; Asia-Pacific; Index: FTSE China 50 Net Tax USD Index. These exposures explain what investors actually own after buying the ETF. A broad fund is usually driven by sector weights and mega-cap leadership; a sector or thematic fund is driven by the industry cycle; a bond or alternative asset fund is driven by macro variables rather than company earnings.

• Other: 58.94%. Sector weight from the latest public ETF holdings snapshot.
• Consumer Discretionary: 16.31%. Sector weight from the latest public ETF holdings snapshot.
• Communication Services: 12.69%. Sector weight from the latest public ETF holdings snapshot.
• Technology: 8.03%. Sector weight from the latest public ETF holdings snapshot.
• Financials: 1.40%. Sector weight from the latest public ETF holdings snapshot.
• Real Estate: 1.03%. Sector weight from the latest public ETF holdings snapshot.
• Consumer Staples: 0.95%. Sector weight from the latest public ETF holdings snapshot.
• Industrials: 0.65%. Sector weight from the latest public ETF holdings snapshot.

FXI Fees, Liquidity, And Product Structure

FXI trades on NYSEARCA. The stated expense ratio is 0.74%, and current AUM is $5.97B. Lower fees matter most for long holding periods, while AUM and trading depth matter when investors place larger orders or need reliable execution during volatile sessions.

FXI Return Drivers: What Has To Go Right

The return drivers for FXI are regional earnings, currency translation, country weights, global liquidity, and geopolitical risk. That matters because two ETFs can both look diversified but respond to very different conditions. For FXI, investors should compare price performance with the fund's dominant exposure, the largest holdings, and the macro factor behind the category.

FXI Current Market Theme

iShares China Large-Cap ETF is a Greater China Region ETF with $5.97B in AUM, 59 holdings, top-10 concentration of 56.25%, and a leading exposure to Consumer Discretionary (16.31%). The largest holdings include Alibaba Group Holding Limited (8.95%), China Construction Bank Corporation (8.27%), Tencent Holdings Limited (7.47%).

When FXI Tends To Work

FXI tends to work when regional earnings, currency translation, country weights, global liquidity, and geopolitical risk are moving in the fund's favor.

FXI Portfolio Role: Core Holding Or Satellite Position?

International diversification sleeve for investors who want exposure beyond the U.S. market. In practical portfolio terms, FXI should be sized according to whether it is replacing broad market exposure, adding a factor tilt, expressing a sector view, or hedging a macro risk. The more concentrated the fund, the less it should be treated as a complete portfolio by itself.

FXI Key Risks Investors Should Watch

The main risks are specific enough to check before buying, not generic ETF fine print.

• Market risk: FXI can fall with its asset class even when the fund structure works as designed.
• Concentration risk: top-10 weight is 56.25%, which is high for an ETF in this category.
• Exposure risk: the main exposure is Equity; Greater China Region; Asia-Pacific; Index: FTSE China 50 Net Tax USD Index
• Fee and trading risk: expense ratio is 0.74%; investors should still check spread, volume, and premium/discount before large orders.
• Thesis risk: The key risk is that FXI's stated diversification may not protect investors if its dominant exposure, largest holdings, or main macro factor reverses. Current top-10 concentration is 56.25%.

Who FXI Is Suitable For

FXI can be useful, but the right investor depends on time horizon, existing overlap, and drawdown tolerance.

• More suitable for investors who need a international diversification sleeve.
• More suitable for investors who understand that FXI's top holdings and sector exposures can dominate short-term returns.
• Less suitable for investors who need stable cash income unless the fund's underlying asset class is explicitly income-oriented.
• Less suitable for investors already heavily exposed to the same largest holdings or same macro factor.

FXI What To Monitor Next

FXI should be reviewed after new holdings files, major market moves, or category-specific catalysts. The most important checks are:

• Holdings as of May 19, 2026.
• AUM: $5.97B.
• Expense ratio: 0.74%.
• Top-10 weight: 56.25%.

FXI Action Reference

A useful ETF article should end with a decision framework. For FXI, the practical read is:

• Core-index investor: use as a satellite rather than a replacement for broad diversification.
• Theme investor: check whether the latest holdings still match the investment thesis.
• Risk-control investor: cap position size because sector/factor ETFs can underperform for long stretches.

FXI Bottom Line

FXI is not just a fund name. It is a package of exposures: iShares China Large-Cap ETF; issuer BlackRock; fee 0.74%; AUM $5.97B; 59 holdings; top-10 weight 56.25%; holdings date May 19, 2026. The investment case is strongest when the fund's largest holdings, main exposure, and category-level return drivers all point in the same direction.

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