FXI vs. T
FXI (iShares China Large-Cap ETF) is China Equities fund tracking the FTSE China 25 Index, while T (AT&T Inc.) is a stock. Over the past 10 years, FXI returned 2.96%/yr vs 3.62%/yr for T. At a 0.31 correlation, their price movements are largely independent.
Performance
FXI vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, FXI achieves a -7.18% return, which is significantly lower than T's -3.08% return. Over the past 10 years, FXI has underperformed T with an annualized return of 2.96%, while T has yielded a comparatively higher 3.62% annualized return.
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%
T
- 1D
- -4.42%
- 1M
- -9.77%
- YTD
- -3.08%
- 6M
- -4.92%
- 1Y
- -12.10%
- 3Y*
- 22.12%
- 5Y*
- 7.39%
- 10Y*
- 3.62%
FXI vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FXI iShares China Large-Cap ETF | -7.18% | 28.95% | 28.98% | -12.42% | -20.66% | -20.06% | 8.92% | 14.90% | -13.28% | 36.26% |
T AT&T Inc. | -3.08% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
Correlation
The correlation between FXI and T is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2004 | 0.31 |
The correlation between FXI and T shifts across timeframes, from -0.04 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FXI vs. T — Risk / Return Rank
FXI
T
FXI vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares China Large-Cap ETF (FXI) and AT&T Inc. (T). 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.
| FXI | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.66 | ||
| Sortino ratioReturn per unit of downside risk | +0.96 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.92 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | -0.59 | +0.72 |
| Martin ratioReturn relative to average drawdown | 0.28 | -1.20 | +1.49 |
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
| FXI | T | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.10 | -0.56 | +0.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | 0.31 | -0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | 0.15 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.38 | -0.21 |
Drawdowns
FXI vs. T - Drawdown Comparison
The maximum FXI drawdown since its inception was -72.68%, which is greater than T's maximum drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for FXI and T.
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Drawdown Indicators
| FXI | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.68% | -64.15% | -8.53% |
Max Drawdown (1Y)Largest decline over 1 year | -15.62% | -20.60% | +4.98% |
Max Drawdown (3Y)Largest decline over 3 years | -28.72% | -20.60% | -8.12% |
Max Drawdown (5Y)Largest decline over 5 years | -54.94% | -32.01% | -22.93% |
Max Drawdown (10Y)Largest decline over 10 years | -60.81% | -42.35% | -18.46% |
Current DrawdownCurrent decline from peak | -26.91% | -18.23% | -8.68% |
Average DrawdownAverage peak-to-trough decline | -31.22% | -15.72% | -15.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.22% | 10.08% | -2.86% |
Volatility
FXI vs. T - Volatility Comparison
iShares China Large-Cap ETF (FXI) and AT&T Inc. (T) have volatilities of 7.13% and 6.96%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FXI | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.13% | 6.96% | +0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 14.35% | 17.27% | -2.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.93% | 21.86% | -1.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.68% | 23.92% | +7.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.67% | 23.69% | +3.98% |
Dividends
FXI vs. T - Dividend Comparison
FXI's dividend yield for the trailing twelve months is around 2.60%, less than T's 4.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
T AT&T Inc. | 4.71% | 4.47% | 4.87% | 6.62% | 6.66% | 8.46% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% |
Frequently Asked Questions
FXI and T have a correlation of -0.04, 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 T (6.96%). In terms of maximum drawdown, FXI dropped -72.68% vs T's -64.15%.
FXI currently has the higher Sharpe Ratio (0.10 vs -0.56), 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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