FXI Stock Summary and Trading Ideas (iShares China Large-Cap ETF | ARCA:FXI)

The iShares China Large-Cap ETF seeks to track the investment results of an index composed of large-capitalization Chinese equities that trade on the Hong Kong Stock Exchange.

iShares China Large-Cap ETF trades on the ARCA stock market under the symbol FXI.

As of October 17, 2024, FXI stock price declined to $30.85 with 60,848,477 million shares trading.

FXI has a beta of 0.67, meaning it tends to be less sensitive to market movements. FXI has a correlation of 0.07 to the broad based SPY ETF.

FXI has a market cap of $10.06 billion. This is considered a Large Cap stock.

In the last 3 years, FXI traded as high as $42.70 and as low as $20.86.

FXI has underperformed the market in the last year with a price return of +19.3% while the SPY ETF gained +35.2%. However, in the short term, FXI had mixed performance relative to the market. It has outperformed in the last 3 months, returning +17.5% vs +4.9% return in SPY. But in the last 2 weeks, FXI shares have been beat by the market, returning -10.6% compared to an SPY return of +2.6%.

FXI support price is $30.73 and resistance is $32.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FXI shares will trade within this expected range on the day.