Key Highlights

  • The fund tracks Chinese equities that are available to international investors.
  • Tencent, Alibaba and China Construction Bank are the largest positions by market value.
  • The expense ratio is 0.59 percent, with semi-annual distributions.
  • Net Assets were about $5.7 billion on November 11, 2026.

The iShares MSCI China ETF (NASDAQ:MCHI) closed at $51.10 on November 10, 2026, with net assets of about $5.7 billion. The fund seeks to track an index composed of Chinese equities that are accessible to international investors, covering a broad set of companies across the Chinese economy. Its portfolio includes large internet platforms, banks, consumer companies and manufacturers.

Ticker and exchange

MCHI, NASDAQ

Benchmark index

MSCI China Index (Net)

Net asset value

$50.77 (Nov 11, 2026)

Daily NAV change

Down $0.36 (-0.70%)

Net assets

$5,727,282,528

Number of holdings

577

Expense ratio

0.59%

30-day SEC yield

2.07%

Distribution frequency

Semi-annual

Fund inception

March 29, 2011

Broad Coverage of China

The index behind MCHI is designed to represent a wide range of Chinese companies that foreign investors can access, including those listed in Hong Kong and in the United States. Because the index covers more than one Share Class and listing venue, the fund offers wider coverage than a fund limited to a single exchange.

With 577 holdings, the portfolio is far more extensive than a large-cap China fund. The fund reflects both the largest companies in the market and a significant number of smaller positions.

Largest Holdings

Tencent accounts for about 13.69 percent of market value, followed by Alibaba at 9.11 percent and China Construction Bank at 4.78 percent. Xiaomi holds roughly 2.79 percent, and Industrial and Commercial Bank of China accounts for about 2.77 percent. Bank of China, Meituan, NetEase, Ping An Insurance and PDD Holdings also rank among the top positions.

The largest holdings are concentrated in internet platforms, banking and consumer technology. Tencent and Alibaba together make up more than a fifth of the fund, which means the performance of those two companies has a significant effect on the portfolio.

Trading and Distribution Details

The latest trading figures in the fund documentation reflect November 10, 2026, when about 2.23 million shares traded against a 30-day Average Daily Volume of roughly 2.50 million shares. The 30-day median bid-ask spread was 0.02 percent, and the fund had 112.8 million shares outstanding.

The fund distributes income semi-annually, and the June 2026 payment totaled $0.361295 per share. The 30-day SEC Yield was 2.07 percent and the 12-month trailing yield was 2.24 percent, both reported at the end of October 2026.

Final Word

MCHI offers a wide route into Chinese equities available to international investors, with 577 holdings led by large internet and banking companies. Its 0.59 percent expense ratio and semi-annual distribution schedule shape the cost and income structure. The fund's results will depend on Chinese economic policy, currency movements and the performance of its largest technology and financial companies.