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FXI vs. LUMN
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FXI vs. LUMN

Last updated Jun 14, 2026

FXI (iShares China Large-Cap ETF) is China Equities fund tracking the FTSE China 50 Index, while LUMN (Lumen Technologies, Inc.) is a stock. Over the past 10 years, FXI returned 3.13%/yr vs -5.46%/yr for LUMN. At a 0.29 correlation, their price movements are largely independent.

Performance

FXI vs. LUMN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares China Large-Cap ETF (FXI) and Lumen Technologies, Inc. (LUMN). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FXI achieves a -7.83% return, which is significantly lower than LUMN's 9.27% return. Over the past 10 years, FXI has outperformed LUMN with an annualized return of 3.13%, while LUMN has yielded a comparatively lower -5.46% annualized return.

FXI

1D
1.09%
1M
-5.24%
YTD
-7.83%
6M
-8.72%
1Y
-1.10%
3Y*
10.41%
5Y*
-3.08%
10Y*
3.13%

LUMN

1D
0.00%
1M
-15.52%
YTD
9.27%
6M
-0.12%
1Y
110.15%
3Y*
58.55%
5Y*
-8.90%
10Y*
-5.46%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FXI vs. LUMN - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FXI
iShares China Large-Cap ETF		-7.83%28.95%28.98%-12.42%-20.66%-20.06%8.92%14.90%-13.28%36.26%
LUMN
Lumen Technologies, Inc.		9.27%46.33%190.16%-64.94%-55.48%38.82%-19.18%-5.22%2.00%-21.73%

Correlation

The correlation between FXI and LUMN is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.27

Correlation (3Y)
Calculated over the trailing 3-year period

0.18

Correlation (5Y)
Calculated over the trailing 5-year period

0.17

Correlation (10Y)
Calculated over the trailing 10-year period

0.19

Correlation (All Time)
Calculated using the full available price history since Oct 8, 2004

0.29

The correlation between FXI and LUMN shifts across timeframes, from 0.17 (5 years) to 0.29 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares China Large-Cap ETF

Lumen Technologies, Inc.

Often compared with FXI:
FXI vs. MCHIFXI vs. KWEBFXI vs. CQQQFXI vs. ASHRFXI vs. EWHFXI vs. EEMFXI vs. GXC
Often compared with LUMN:
LUMN vs. NOKLUMN vs. KMILUMN vs. LCIDLUMN vs. SPWRLUMN vs. SPYLUMN vs. TOI.VLUMN vs. CLOV

Return for Risk

FXI vs. LUMN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FXI
FXI Risk / Return Rank: 88
Overall Rank
FXI Sharpe Ratio Rank: 88
Sharpe Ratio Rank
FXI Sortino Ratio Rank: 88
Sortino Ratio Rank
FXI Omega Ratio Rank: 88
Omega Ratio Rank
FXI Calmar Ratio Rank: 88
Calmar Ratio Rank
FXI Martin Ratio Rank: 88
Martin Ratio Rank
LUMN
LUMN Risk / Return Rank: 7777
Overall Rank
LUMN Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
LUMN Sortino Ratio Rank: 7878
Sortino Ratio Rank
LUMN Omega Ratio Rank: 7777
Omega Ratio Rank
LUMN Calmar Ratio Rank: 7878
Calmar Ratio Rank
LUMN Martin Ratio Rank: 7373
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FXI vs. LUMN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares China Large-Cap ETF (FXI) and Lumen Technologies, Inc. (LUMN). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

FXILUMNDifference
Sharpe ratioReturn per unit of total volatility
-0.15
1.28

-1.43

Sortino ratioReturn per unit of downside risk
-0.07
2.05

-2.12

Omega ratioGain probability vs. loss probability

0.99

1.26

-0.27

Calmar ratioReturn relative to maximum drawdown

-0.18

2.17

-2.35

Martin ratioReturn relative to average drawdown

-0.38

4.11

-4.49

FXI vs. LUMN - Sharpe Ratio Comparison

The current FXI Sharpe Ratio is -0.15, which is lower than the LUMN Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of FXI and LUMN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

FXI vs. LUMN - Drawdown Comparison

The maximum FXI drawdown since its inception was -72.68%, smaller than the maximum LUMN drawdown of -95.26%. Use the drawdown chart below to compare losses from any high point for FXI and LUMN.

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Drawdown Indicators

FXILUMNDifference

Max Drawdown

Largest peak-to-trough decline

-72.68%

-95.26%

+22.58%

Max Drawdown (1Y)

Largest decline over 1 year

-16.03%

-47.34%

+31.31%

Max Drawdown (3Y)

Largest decline over 3 years

-28.72%

-69.66%

+40.94%

Max Drawdown (5Y)

Largest decline over 5 years

-54.94%

-92.54%

+37.60%

Max Drawdown (10Y)

Largest decline over 10 years

-60.81%

-94.44%

+33.63%

Current Drawdown

Current decline from peak

-27.42%

-58.92%

+31.50%

Average Drawdown

Average peak-to-trough decline

-31.21%

-27.66%

-3.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.66%

24.94%

-17.28%

Volatility

FXI vs. LUMN - Volatility Comparison

The current volatility for iShares China Large-Cap ETF (FXI) is 6.22%, while Lumen Technologies, Inc. (LUMN) has a volatility of 22.04%. This indicates that FXI experiences smaller price fluctuations and is considered to be less risky than LUMN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FXILUMNDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.22%

22.04%

-15.82%

Volatility (6M)

Calculated over the trailing 6-month period

14.30%

57.12%

-42.82%

Volatility (1Y)

Calculated over the trailing 1-year period

19.90%

80.17%

-60.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

31.67%

85.30%

-53.63%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.64%

67.61%

-39.97%

Dividends

FXI vs. LUMN - Dividend Comparison

FXI's dividend yield for the trailing twelve months is around 2.62%, while LUMN has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
FXI
iShares China Large-Cap ETF		2.62%2.42%1.76%3.17%2.61%1.60%2.19%2.74%2.69%2.31%2.69%2.90%
LUMN
Lumen Technologies, Inc.		0.00%0.00%0.00%0.00%14.37%7.97%10.26%7.57%14.26%12.95%9.08%8.59%

Frequently Asked Questions

FXI and LUMN have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

LUMN has higher volatility (22.04%) compared to FXI (6.22%). In terms of maximum drawdown, FXI dropped -72.68% vs LUMN's -95.26%.

LUMN currently has the higher Sharpe Ratio (1.28 vs -0.15), 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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