CHILX vs. FXI
CHILX (BlackRock China A Opportunities Fund) and FXI (iShares China Large-Cap ETF) are both China Equities funds. Over the past 5 years, CHILX returned 0.83%/yr vs -3.18%/yr for FXI. A 0.67 correlation means they provide meaningful diversification when combined. CHILX charges 0.99%/yr vs 0.74%/yr for FXI.
Performance
CHILX vs. FXI - Performance Comparison
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Returns By Period
In the year-to-date period, CHILX achieves a 13.72% return, which is significantly higher than FXI's -7.18% return.
CHILX
- 1D
- 1.52%
- 1M
- 3.38%
- YTD
- 13.72%
- 6M
- 18.41%
- 1Y
- 41.88%
- 3Y*
- 13.49%
- 5Y*
- 0.83%
- 10Y*
- —
FXI
- 1D
- -2.26%
- 1M
- -2.76%
- YTD
- -7.18%
- 6M
- -8.38%
- 1Y
- 2.05%
- 3Y*
- 11.73%
- 5Y*
- -3.18%
- 10Y*
- 2.96%
CHILX vs. FXI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CHILX BlackRock China A Opportunities Fund | 13.72% | 26.30% | 15.44% | -12.29% | -28.54% | 3.54% | 48.69% | 48.44% |
FXI iShares China Large-Cap ETF | -7.18% | 28.95% | 28.98% | -12.42% | -20.66% | -20.06% | 8.92% | 17.89% |
Correlation
The correlation between CHILX and FXI is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2019 | 0.67 |
The correlation between CHILX and FXI has been stable across timeframes, ranging from 0.61 to 0.67 - a consistent structural relationship.
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Return for Risk
CHILX vs. FXI — Risk / Return Rank
CHILX
FXI
CHILX vs. FXI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock China A Opportunities Fund (CHILX) and iShares China Large-Cap ETF (FXI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| CHILX | FXI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.51 | ||
| Sortino ratioReturn per unit of downside risk | +3.18 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.03 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 5.04 | 0.13 | +4.91 |
| Martin ratioReturn relative to average drawdown | 16.20 | 0.28 | +15.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CHILX | FXI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.61 | 0.10 | +2.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | -0.10 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.11 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.17 | +0.40 |
Drawdowns
CHILX vs. FXI - Drawdown Comparison
The maximum CHILX drawdown since its inception was -47.73%, smaller than the maximum FXI drawdown of -72.68%. Use the drawdown chart below to compare losses from any high point for CHILX and FXI.
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Drawdown Indicators
| CHILX | FXI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.73% | -72.68% | +24.95% |
Max Drawdown (1Y)Largest decline over 1 year | -8.54% | -15.62% | +7.08% |
Max Drawdown (3Y)Largest decline over 3 years | -22.59% | -28.72% | +6.13% |
Max Drawdown (5Y)Largest decline over 5 years | -43.88% | -54.94% | +11.06% |
Max Drawdown (10Y)Largest decline over 10 years | — | -60.81% | — |
Current DrawdownCurrent decline from peak | -4.86% | -26.91% | +22.05% |
Average DrawdownAverage peak-to-trough decline | -20.47% | -31.22% | +10.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.65% | 7.22% | -4.57% |
Volatility
CHILX vs. FXI - Volatility Comparison
The current volatility for BlackRock China A Opportunities Fund (CHILX) is 6.06%, while iShares China Large-Cap ETF (FXI) has a volatility of 7.13%. This indicates that CHILX experiences smaller price fluctuations and is considered to be less risky than FXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CHILX | FXI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.06% | 7.13% | -1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 11.88% | 14.35% | -2.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.51% | 19.93% | -3.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.28% | 31.68% | -11.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.84% | 27.67% | -5.83% |
CHILX vs. FXI - Expense Ratio Comparison
CHILX has a 0.99% expense ratio, which is higher than FXI's 0.74% expense ratio.
Dividends
CHILX vs. FXI - Dividend Comparison
CHILX's dividend yield for the trailing twelve months is around 2.58%, which matches FXI's 2.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHILX BlackRock China A Opportunities Fund | 2.58% | 2.94% | 2.11% | 2.02% | 0.92% | 1.19% | 3.64% | 12.77% | 0.00% | 0.00% | 0.00% | 0.00% |
FXI iShares China Large-Cap ETF | 2.60% | 2.42% | 1.76% | 3.17% | 2.61% | 1.60% | 2.19% | 2.74% | 2.69% | 2.31% | 2.69% | 2.90% |
Frequently Asked Questions
CHILX and FXI have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FXI has higher volatility (7.13%) compared to CHILX (6.06%). In terms of maximum drawdown, CHILX dropped -47.73% vs FXI's -72.68%.
CHILX currently has the higher Sharpe Ratio (2.61 vs 0.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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