FXI vs MCHI overlap - what they share and where they differ

FXI and MCHI share 55.7% of their weight across 50 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

FXI and MCHI

55.7%

50 shared positions

FXI

iShares China Large-Cap ETF

Reported positions cover 100% of the fund, 50 positions · Apr 30, 2026

Top 10: 56.6%·Holdings of FXI

MCHI

iShares MSCI China ETF

Reported positions cover 96% of the fund, 515 positions · May 31, 2026

Top 10: 41.3%·Holdings of MCHI

Reported positions cover FXI 100%, MCHI 96% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

MCHI vs FXI side by side

FXIiShares China Large-Cap ETF

50

stock positions reported to the SEC

0.0% of its weight is in 0 names MCHI does not hold

MCHIiShares MSCI China ETF

515

stock positions reported to the SEC

32.9% of its weight is in 465 names FXI does not hold

Where each fund's weight sits

FXI
MCHI
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
18.2%
15.5%
Consumer Cyclical
3.0%
3.1%
Healthcare
1.5%
0.8%
Industrials
0.0%
1.0%
Consumer Defensive
0.5%
0.3%

The widest gap is Technology: FXI has 2.7 points more of it.

The figures side by side

FXIMCHI
Filing dateApr 30, 2026May 31, 2026
Stock positions reported50515
Weight of the ten largest56.6%41.3%
Largest positionBABA 8.7%TENCENT HOLDINGS LIMITED 13.2%
Held alone0 positions, 0.0%465 positions, 32.9%
Covered by stock positions100%96%

Holdings they share

StockIn FXIIn MCHICounted
BABAAlibaba Group Holding Limited8.66%10.14%8.66%
TENCENT HOLDINGS LIMITED7.72%13.21%7.72%
CHINA CONSTRUCTION BANK CORPORATION8.25%4.04%4.04%
XIAOMI CORPORATION5.41%2.35%2.35%
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED6.02%2.25%2.25%
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.4.41%2.15%2.15%
BANK OF CHINA LIMITED3.72%1.88%1.88%
MEITUAN4.79%1.84%1.84%
BYD COMPANY LIMITED4.09%1.81%1.81%
NTESNETEASE, INC.3.56%1.63%1.63%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in FXI

Nothing among its reported positions that the others do not also hold.

Only in MCHI

LENOVO GROUP LIMITED0.94%
HUA HONG SEMICONDUCTOR LIMITED0.61%
INHDINNOVENT BIOLOGICS, INC.0.60%
JOBGEELY AUTOMOBILE HOLDINGS LIMITED0.60%
YUMCYUM CHINA HOLDINGS, INC.0.59%
WUXI BIOLOGICS (CAYMAN) INC.0.57%
KWEICHOW MOUTAI CO., LTD.0.56%
ZHONGJI INNOLIGHT CO LTD0.45%
YANGTZE OPTICAL FIBRE AND CABLE JOINT STOCK LIMITED COMPANY0.44%
KE HOLDINGS INC.0.42%

Questions people ask

Is FXI the same as MCHI?

55.7% of their weight sits in the same 50 holdings. Among its reported positions, FXI holds nothing the other does not also hold. MCHI also reports LENOVO GROUP LIMITED, HUA HONG SEMICONDUCTOR LIMITED, INHD, which the other does not.

How is the overlap between FXI and MCHI measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of FXI and 96% of MCHI, so the number cannot exceed the smaller coverage.

Which holds more, MCHI or FXI?

FXI reports 50 stock positions and MCHI reports 515. 0.0% of FXI's weight sits in names MCHI does not hold, and 32.9% of MCHI's weight in names FXI does not hold. The ten largest positions are 56.6% of FXI and 41.3% of MCHI.

How do FXI and MCHI differ by sector?

The widest gap is Technology: FXI has 2.7 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.