Data Source: from January 2005 to November 2022 (~18 years)
Consolidated Returns as of 30 November 2022
Live Update: Dec 07 2022, 12:00PM Eastern Time
Category: Stocks
ETF: iShares China Large-Cap ETF (FXI)
ETF • LIVE PERFORMANCE (USD currency)
1.75%
1 Day
Dec 07 2022, 12:00PM Eastern Time
0.48%
Current Month
December 2022

In the last 15 Years, the iShares China Large-Cap ETF (FXI) ETF obtained a -3.02% compound annual return, with a 26.15% standard deviation.

In 2021, the ETF granted a 1.26% dividend yield. If you are interested in getting periodic income, please refer to the iShares China Large-Cap ETF (FXI) ETF: Dividend Yield page.

The ETF is related to the following investment themes:

  • Asset Class: Equity
  • Size: Large Cap
  • Style: Blend
  • Region: Emerging Asia Pacific
  • Country: China

Historical Returns as of Nov 30, 2022

Historical returns and Metrics of iShares China Large-Cap ETF (FXI) ETF.

Returns and metrics are calculated based on monthly returns, assuming:
  • No fees or capital gain taxes
  • the reinvestment of dividends
ISHARES CHINA LARGE-CAP ETF (FXI) ETF
Portfolio Metrics
Data Source: 1 January 2005 - 30 November 2022 (~18 years)
Swipe left to see all data
Metrics as of Nov 30, 2022
1M 3M 6M 1Y 3Y 5Y 10Y MAX
(~18Y)
Portfolio
Return (%)
34.42 -6.79 -11.22 -25.08 -9.92 -7.31 -0.44 4.51
US Inflation (%) 0.00 0.62 1.96 7.22 5.03 3.85 2.61 2.54
Infl. Adjusted
Return (%)
34.42 -7.36 -12.92 -30.13 -14.23 -10.75 -2.98 1.92
Waiting for updates, inflation of Nov 2022 is temporarily set to 0%. Returns / Inflation rates over 1 year are annualized.
RISK INDICATORS
Standard Deviation (%) 45.34 30.23 26.69 23.32 26.84
Sharpe Ratio -0.58 -0.34 -0.31 -0.04 0.02
Sortino Ratio -1.03 -0.54 -0.48 -0.06 0.03
MAXIMUM DRAWDOWN
Drawdown Depth (%) -44.53 -56.74 -56.74 -56.74 -65.56
Start (yyyy mm) 2022 02 2021 02 2021 02 2021 02 2007 11
Bottom (yyyy mm) 2022 10 2022 10 2022 10 2022 10 2009 02
Start to Bottom (# months) 9 21 21 21 16
Start to Recovery (# months) in progress
> 10
> 22
> 22
> 22
> 181
ROLLING PERIOD RETURNS - Annualized
Best Return (%) 158.55 47.53 20.68 12.98
Worst Return (%) -64.62 -18.51 -12.55 -3.25
% Positive Periods 60% 68% 74% 94%
MONTHS
Positive 1 1 2 4 18 31 68 127
Negative 0 2 4 8 18 29 52 88
% Positive 100% 33% 33% 33% 50% 52% 57% 59%
WITHDRAWAL RATES (WR)
Safe WR (%) 34.18 18.54 11.28 12.11
Perpetual WR (%) 0.00 0.00 0.00 1.89
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the ETF
  • Standard Deviation: it's a measure of the dispersion of returns around the mean
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the ETF. It's calculated by dividing the excess return of the ETF over the risk-free rate by the ETF standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the ETF. It's a modification of the Sharpe Ratio (same formula but the denominator is the ETF downside standard deviation).
  • Maximum Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.
  • Rolling Returns: returns over a time frame (best, worst, % of positive returns).
  • Pos./Neg. Months: number of months with positive/negative return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the original portfolio balance that can be withdrawn at the end of each year with inflation adjustment, without the portfolio running out of money (dollar amount withdrawal).
  • Perpetual Withdrawal Rate (PWR): it's the percentage of portfolio balance that can be withdrawn at the end of each year, while retaining the inflation adjusted portfolio balance (percentage withdrawal).

Correlations as of Nov 30, 2022

Monthly correlations of iShares China Large-Cap ETF (FXI) ETF vs the main Asset Classes, over different timeframes.

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1.

If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.

Asset correlations are calculated based on monthly returns.

Columns are sortable (click on table header to sort).

ISHARES CHINA LARGE-CAP ETF (FXI) ETF
Monthly correlations as of 30 November 2022
Swipe left to see all data
Correlation vs FXI
 
Asset Class 1 Year 5 Years 10 Years Since
Jan 2005
US Total Stock Market
VTI
-0.02
0.32
0.36
0.52
US Large Cap
SPY
0.00
0.31
0.36
0.51
US Small Cap
IJR
-0.13
0.30
0.31
0.45
US REITs
VNQ
0.08
0.21
0.19
0.36
US Technology
QQQ
0.03
0.32
0.37
0.50
Preferred Stocks
PFF
0.31
0.28
0.26
0.37
EAFE Stocks
EFA
0.36
0.49
0.52
0.65
World All Countries
VT
0.17
0.43
0.49
0.64
Emerging Markets
EEM
0.79
0.78
0.78
0.83
Europe
VGK
0.31
0.46
0.47
0.62
Pacific
VPL
0.43
0.55
0.59
0.66
Latin America
FLLA
-0.24
0.19
0.30
0.57
US Total Bond Market
BND
0.53
0.29
0.21
0.19
Long Term Treasuries
TLT
0.68
0.11
0.02
-0.07
US Cash
BIL
0.40
0.13
0.04
0.08
TIPS
TIP
0.12
0.10
0.13
0.19
Invest. Grade Bonds
LQD
0.47
0.36
0.31
0.32
High Yield Bonds
HYG
0.00
0.24
0.29
0.46
International Bonds
BNDX
0.28
0.12
0.10
0.15
Emerg. Market Bonds
EMB
0.53
0.46
0.43
0.52
Gold
GLD
0.52
0.24
0.14
0.24
Commodities
DBC
-0.06
0.24
0.26
0.38

Capital Growth as of Nov 30, 2022

Capital growth, returns, stats are calculated assuming a reinvestment of dividends.

If you are interested in getting periodic income, please refer to the iShares China Large-Cap ETF (FXI) ETF: Dividend Yield page.

An investment of 1000$, since December 2007, now would be worth 631.19$, with a total return of -36.88% (-3.02% annualized).

The Inflation Adjusted Capital now would be 445.16$, with a net total return of -55.48% (-5.25% annualized).
An investment of 1000$, since January 2005, now would be worth 2203.55$, with a total return of 120.35% (4.51% annualized).

The Inflation Adjusted Capital now would be 1407.11$, with a net total return of 40.71% (1.92% annualized).

Drawdowns

Worst drawdowns since December 2007.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-59.86% Dec 2007 Feb 2009 15 Jan 2018 107 122
-56.74% Feb 2021 Oct 2022 21 in progress 1 22
-24.85% Feb 2018 Mar 2020 26 Jan 2021 10 36

Worst drawdowns since January 2005.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-65.56% Nov 2007 Feb 2009 16 in progress 165 181
-11.08% Jan 2007 Feb 2007 2 May 2007 3 5
-10.32% Oct 2005 Oct 2005 1 Jan 2006 3 4
-6.78% May 2006 May 2006 1 Jul 2006 2 3
-5.54% Mar 2005 Mar 2005 1 Jul 2005 4 5
-2.33% Jan 2005 Jan 2005 1 Feb 2005 1 2

Rolling Returns ( more details)

iShares China Large-Cap ETF (FXI) ETF: annualized rolling and average returns

Swipe left to see all data
Rolling
Period
Return (*) Negative
Periods
Average (%) Best (%) Worst (%)
1 Year
9.08 158.55
Nov 2006 - Oct 2007
-64.62
Nov 2007 - Oct 2008
40.20%
2 Years
6.92 97.94
Nov 2005 - Oct 2007
-29.89
Nov 2020 - Oct 2022
46.88%
3 Years
4.87 47.53
Jan 2005 - Dec 2007
-18.51
Nov 2019 - Oct 2022
31.67%
5 Years
4.39 20.68
Nov 2005 - Oct 2010
-12.55
Nov 2017 - Oct 2022
25.64%
7 Years
3.76 13.35
Feb 2005 - Jan 2012
-6.22
Nov 2007 - Oct 2014
13.64%
10 Years
3.88 12.98
May 2005 - Apr 2015
-3.25
Nov 2012 - Oct 2022
6.25%
15 Years
4.48 8.22
Jan 2005 - Dec 2019
-5.88
Nov 2007 - Oct 2022
13.89%
(*) Annualized rolling and average returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the iShares China Large-Cap ETF (FXI) ETF: Rolling Returns page.

Seasonality

iShares China Large-Cap ETF (FXI) ETF: in which months is it better to invest?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.

For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
5.12
80%
-3.10
40%
-3.89
40%
-0.28
40%
-1.13
40%
2.04
80%
-4.22
40%
-0.19
40%
-4.20
40%
-3.05
60%
8.42
60%
0.34
60%
 Capital Growth on monthly avg returns
100
105.12
101.86
97.89
97.62
96.51
98.48
94.33
94.15
90.19
87.44
94.81
95.13
Best 14.1
2018
2.3
2020
1.5
2019
2.8
2020
3.0
2022
7.0
2019
4.2
2020
6.3
2020
1.7
2019
5.0
2020
34.4
2022
8.6
2019
Worst -8.9
2020
-10.3
2018
-8.4
2022
-3.2
2022
-9.3
2019
-6.7
2018
-12.5
2021
-4.8
2019
-14.4
2022
-19.0
2022
-5.3
2021
-6.0
2018
Monthly Seasonality over the period Dec 2017 - Nov 2022
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
1.14
60%
-1.20
50%
-0.98
60%
1.34
50%
-0.52
50%
0.17
60%
-0.80
60%
-0.11
60%
-2.00
40%
-0.04
70%
5.10
70%
0.12
50%
 Capital Growth on monthly avg returns
100
101.14
99.93
98.95
100.28
99.76
99.93
99.13
99.02
97.04
97.00
101.94
102.06
Best 14.1
2018
6.1
2015
11.5
2016
15.6
2015
5.5
2014
7.0
2019
9.3
2014
6.3
2020
5.6
2013
7.9
2015
34.4
2022
9.1
2012
Worst -11.6
2016
-10.3
2018
-8.4
2022
-3.2
2022
-9.3
2019
-7.3
2013
-12.5
2021
-11.3
2015
-14.4
2022
-19.0
2022
-5.3
2021
-6.0
2018
Monthly Seasonality over the period Dec 2012 - Nov 2022
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
-0.53
44%
-0.24
56%
0.22
61%
3.00
67%
-0.49
44%
0.90
67%
1.57
72%
-1.20
50%
-0.79
56%
1.06
72%
3.45
72%
1.09
47%
 Capital Growth on monthly avg returns
100
99.47
99.23
99.45
102.43
101.93
102.85
104.46
103.21
102.39
103.48
107.05
108.22
Best 16.4
2006
6.7
2005
17.4
2009
17.5
2008
16.9
2009
14.7
2007
9.3
2014
7.4
2007
19.8
2007
21.4
2007
34.4
2022
18.5
2006
Worst -15.5
2008
-10.3
2018
-9.0
2012
-3.2
2022
-11.7
2012
-13.0
2008
-12.5
2021
-11.3
2015
-20.2
2011
-27.0
2008
-14.2
2007
-8.0
2007
Monthly Seasonality over the period Jan 2005 - Nov 2022

Monthly/Yearly Returns

iShares China Large-Cap ETF (FXI) ETF data source starts from January 2005: let's focus on monthly and yearly returns.

We are providing two different views:
  • Histogram: it shows the distribution of the returns recorded so far
  • Plain Table: it shows the detailed monthly and yearly returns
MONTHLY RETURNS HISTOGRAM
Jan 2005 - Nov 2022
127 Positive Months (59%) - 88 Negative Months (41%)
MONTHLY RETURNS TABLE
Jan 2005 - Nov 2022
(Scroll down to see all data)
Swipe left to see all data
Yearly Return(%)
Monthly Return(%)
Year Total Infl.Adj Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022
-22.67 -27.66 3.7 -8.0 -8.4 -3.2 3.0 6.9 -10.4 -0.6 -14.4 -19.0 34.4
2021
-20.05 -25.30 6.3 -0.6 -4.9 -0.8 -0.1 0.5 -12.5 1.0 -4.9 3.6 -5.3 -3.1
2020
+8.93 +7.46 -8.9 2.3 -7.7 2.8 1.2 2.5 4.2 6.3 -4.5 5.0 6.6 0.3
2019
+14.87 +12.30 10.4 1.1 1.5 0.5 -9.3 7.0 -3.9 -4.8 1.7 3.4 -0.5 8.6
2018
-13.26 -14.89 14.1 -10.3 0.0 -0.7 -0.5 -6.7 1.5 -2.8 1.0 -8.2 6.9 -6.0
2017
+36.22 +33.40 5.7 4.1 0.8 0.1 4.2 -0.6 7.1 4.0 -0.5 4.3 0.5 2.0
2016
+1.08 -0.98 -11.6 -2.9 11.5 -0.7 0.4 2.4 3.5 4.6 2.6 -3.0 2.0 -5.8
2015
-12.93 -13.56 -0.9 6.1 1.5 15.6 -5.0 -5.0 -12.2 -11.3 -1.3 7.9 -2.1 -3.7
2014
+11.45 +10.61 -9.9 2.3 1.1 -2.4 5.5 2.0 9.3 0.0 -5.4 4.3 1.7 3.8
2013
-2.18 -3.63 2.5 -6.1 -5.2 2.2 -4.6 -7.3 5.4 2.5 5.6 1.3 6.8 -3.9
2012
+19.17 +17.13 11.4 3.8 -9.0 3.4 -11.7 3.1 1.6 -3.3 4.6 6.3 1.0 9.1
2011
-17.56 -19.93 -1.3 -0.2 5.8 0.7 0.4 -3.8 -1.4 -8.8 -20.2 17.0 0.4 -3.5
2010
+3.50 +1.97 -9.2 3.2 6.3 -3.0 -3.6 0.5 5.4 -4.7 9.0 5.0 -3.6 -0.2
2009
+47.37 +43.47 -13.7 -3.2 17.4 12.1 16.9 3.6 9.1 -6.1 4.1 1.9 4.8 -2.8
2008
-47.78 -47.83 -15.5 0.8 -6.9 17.5 -4.2 -13.0 2.4 -5.7 -18.1 -27.0 5.7 10.2
2007
+54.72 +48.65 -6.8 -4.5 3.4 2.8 6.7 14.7 8.6 7.4 19.8 21.4 -14.2 -8.0
2006
+83.17 +78.63 16.4 1.2 2.3 5.8 -6.8 4.8 2.4 0.7 2.7 5.2 11.3 18.5
2005
+13.31 +9.57 -2.3 6.7 -5.5 1.3 -1.2 4.5 8.1 0.0 4.0 -10.3 5.8 3.1
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