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 April 18, 2024, FXI stock price climbed to $24.08 with 34,709,685 million shares trading.

FXI has a beta of 0.89, meaning it tends to be less sensitive to market movements. FXI has a correlation of 0.17 to the broad based SPY ETF.

FXI has a market cap of $4.42 billion. This is considered a Mid Cap stock.

In the last 3 years, FXI stock traded as high as $47.70 and as low as $20.86.

FXI stock has underperformed the market in the last year with a return of -15.8%, while SPY returned +22.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in FXI shares. However, FXI has outperformed the market in the last 3 month and 2 week periods, returning +12.3% and -1.5%, while SPY returned +6.1% and -3.8%, respectively. This indicates FXI has been having a stronger performance recently.

FXI support price is $23.38 and resistance is $23.93 (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 stock will trade within this expected range on the day.