# iShares China Large Cap UCITS ETF USD (FXC)

**Source:** https://fundology.uk/fund/fxc · ISIN IE00B02KXK85 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 30/09/2026, FXC (iShares China Large Cap UCITS ETF USD, ISIN IE00B02KXK85) closed at £73.00 on the London Stock Exchange. Its ongoing charge is 0.74% a year (about £74 on £10,000). Over the five years to 30/09/2026 its total return was +0.2%, or −21.6% after UK CPIH inflation.

## Summary

iShares China Large Cap UCITS ETF USD is an exchange-traded fund (ETF) from iShares, launched in 2004. It tracks the FTSE China 50 Net Tax USD Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.74% a year — about £74 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **£73.00** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | FXC |
| ISIN | IE00B02KXK85 |
| Category | Emerging markets |
| Type | ETF |
| Provider | iShares |
| Tracks | FTSE China 50 Net Tax USD Index |
| Income | Distributing |
| Ongoing charge | 0.74% a year (£74 per £10,000) |
| Fund size | £458m |
| Launched | 2004 |
| Domicile | Ireland |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -13.89% | -16.60% | income reinvested |
| 3 years | +26.62% | +14.25% | income reinvested |
| 5 years | +0.25% | -21.63% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares China Large Cap UCITS ETF USD in pounds (price only, income paid out not included): 2022 −13.1%, 2023 −20.1%, 2024 +29.9%, 2025 +16.9%; 2026 to 30/09/2026 −11.0%. Returns of iShares China Large Cap UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −14.8%; to 30/09/2025: +27.2%; to 30/09/2024: +10.0%; to 30/09/2023: −6.7%; to 30/09/2022: −16.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -13.1% | -20.5% | Price |
| 2023 | -20.1% | -23.3% | Price |
| 2024 | +29.9% | +25.4% | Price |
| 2025 | +16.9% | +12.9% | Price |
| 2026 to 30/09/2026 | -11.0% | -13.5% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 17.26% | -21.72% |
| 3 years | 23.83% | -21.72% |
| 5 years | 26.92% | -44.15% |

## Largest fall

Volatility of iShares China Large Cap UCITS ETF USD in pounds, annualised from weekly returns to 30/09/2026: 17.3% over 1 year, 23.8% over 3 years, 26.9% over 5 years. Largest fall in the price of iShares China Large Cap UCITS ETF USD since October 2021, in pounds: −44.1% from 12/11/2021 to 19/01/2024. The lowest 12-month return of iShares China Large Cap UCITS ETF USD in pounds (price only, income paid out not included) since January 2021 was −37.9% (12 months to 28/10/2022); the highest was +56.3% (12 months to 07/03/2025). On 30/09/2026 the price of iShares China Large Cap UCITS ETF USD was 17.0% below its highest weekly close since October 2021 (14/11/2025), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares China Large Cap UCITS ETF USD 0.74% a year, as of 01/10/2026: 10 of the 140 other emerging-market share funds charge more, 5 the same and 125 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.74%** per year
- ISA eligible: yes
- SIPP eligible: yes

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.