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Launched · SEC filings

iShares MSCI China Small-Cap ETF

ECNSNYSE ArcaiSharesB

$25.60+0.16 (+0.63%)

As of Nov 2, 2026, 3:51 PM ET

B63/ 100

Rank 8 of 30 in China

B63/100Rank 8 of 30inChina
Intraday session: up, 77 prints from 25.44 to 25.60. Range 25.57 to 25.70. Use the arrow keys to read each point.25.5025.5525.6525.7010 AM12 PM2 PM4 PM
Expense ratio
0.59%
Fund size
$56M
1Y total return
−25.7%
Yield · Last 12 months
7.46%
Holdings
254
Avg volume · 30D
9.51K sh
52W range
low $25.44high $36.80
Launched
Filings
SEC EDGAR

The ETF.net ECNS Grade

B

Score 63 out of 100

Category
China⁠
Rank
8 of 30
Six-pillar profile for ECNS. Scores out of 100: Cost 78, Risk 42, Mission 74, Tradability 23, Holdings 84, Durability 70. Strongest: Holdings (84). Weakest: Tradability (23). Leans toward Holdings and Cost.

Score 63 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A78 out of 100
    Rank 6 of 30

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A74 out of 100
    Rank 14 of 22

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C42 out of 100
    Rank 19 of 30

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F23 out of 100
    Rank 25 of 30

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A84 out of 100
    Rank 1 of 29

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A70 out of 100
    Rank 12 of 30

Our read on ECNS

ETF.net Research

In short

BMost US-listed China funds fish in large-cap waters. ECNS works the other end of the market: an index of small-cap Chinese equities, roughly 300 of them, from iShares, running since 2010.

Stated mandate

The fund seeks to track an index composed of small-cap Chinese equities.

Why people hold it

  • Tracks the MSCI China Small Cap Index, roughly 300 names, reaching the smaller Chinese companies that broad-market China funds such as MCHI and GXC largely leave out.ishares.com
  • Expense ratio of 0.59%, below the median fee across its US-listed China peer group.ishares.com
  • Live since September 2010, giving it a continuous record through several full China market cycles, and it sits in the upper half of its China cohort on our review.
  • Spreads exposure across a wide basket rather than leaning on a handful of index heavyweights, so no single name drives the fund.

Worth knowing

  • Thinly traded with a modest asset base, so spreads can be wider than in the household-name China funds. Limit orders do more work here.
  • Single-country small caps are the volatile corner of an already volatile market, carrying China-specific regulatory and currency exposure.
  • Distributions arrive annually or semiannually, not on a monthly schedule.

ECNS Holdings

Holdings pillarA84 out of 100Rank 1 of 29 in China
Asset class
Stocks
Holdings
254
Top-10 weight
15%
Largest holding
0268.HK2.2%

Sectors

  • Health Care21.7%
  • Industrials15.3%
  • Technology13.7%
  • Consumer Discretionary8.7%
  • Real Estate8.3%
  • Materials8.1%
  • Communication7.8%
  • Consumer Staples5.4%
  • Financials4.5%
  • Energy4.0%
  • Utilities2.5%

Geography

  • China94.97%
  • Hong Kong1.69%
  • Taiwan1.49%
  • Singapore1.28%
  • United States0.37%
  • New Zealand0.20%

Developed 3% · Emerging 97% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 17.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
10268.HKKingdee Int L Software Group Ltd2.21%1,158,000$1.24M56
29688.HKZai Lab Ltd1.77%441,100$994K39
30257.HKChina Everbright Environment Group1.55%1,441,000$868K51
4ATATAtour Lifestyle Holdings American1.51%25,917$846K53
50425.HKMinth Group1.45%288,200$813K57
61070.HKTcl Electronics Holdings Ltd1.41%405,000$790K44
7JOYYJoyy Adr1.39%9,647$780K52
80136.HKChina Ruyi Holdings1.38%4,752,000$772K50
90189.HKDongyue Group Ltd1.26%574,000$708K42
103800.HKGcl Technology Holdings1.26%9,240,000$707K44
112162.HKKeymed Biosciences1.24%81,500$695K29
121357.HKMeitu Inc1.23%1,440,500$690K48
130867.HKChina Medical System Holdings1.10%489,000$618K50
140013.HKHutchmed (China) Ltd1.09%226,165$610K35
152525.HKHesai Group Class B1.08%374,000$609K32

Showing 1–15 of 254 holdings

ECNS Performance

Launched Sep 28, 2010

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ECNS$7,431
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. ECNS $7,431. SPY $11,199. Use the arrow keys to read each point.$8,000$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ECNS. Periods over one year show the average yearly return.
PeriodECNS
Year to date−21.2%
1 month−8.3%
3 months−11.9%
1 year−25.7%
3 yearsper year+4.3%
5 yearsper year−7.9%
10 yearsper year−0.9%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ECNS
YearReturn barECNS
2026 YTD−21.2%
2025+36.5%
2024+5.6%
2023−23.0%
2022−24.6%
2021+2.2%
2020+25.4%

ECNS in the news

ECNS Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
7.46%Last 12 months
Payout per share
$1.90Last 12 months
Last payment
$0.45 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.70; Dec 19, 2017 $0.91; Jun 19, 2018 $0.73; Dec 18, 2018 $1.67; Jun 17, 2019 $0.71; Dec 16, 2019 $0.61; Jun 15, 2020 $0.58; Dec 14, 2020 $1.18; Jun 10, 2021 $0.56; Dec 13, 2021 $1.78; Jun 9, 2022 $0.58; Dec 13, 2022 $0.66; Jun 7, 2023 $0.34; Dec 20, 2023 $0.91; Jun 11, 2024 $0.48; Dec 17, 2024 $1.04; Jun 16, 2025 $0.59; Dec 16, 2025 $1.45; Jun 15, 2026 $0.45. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$0.45
Dec 16, 2025Dec 19, 2025$1.45
Jun 16, 2025Jun 20, 2025$0.59
Dec 17, 2024Dec 20, 2024$1.04
Jun 11, 2024Jun 17, 2024$0.48
Dec 20, 2023Dec 27, 2023$0.91
Jun 7, 2023Jun 13, 2023$0.34
Dec 13, 2022Dec 19, 2022$0.66
Jun 9, 2022Jun 15, 2022$0.58
Dec 13, 2021Dec 17, 2021$1.78
Jun 10, 2021Jun 16, 2021$0.56
Dec 14, 2020Dec 18, 2020$1.18

See all 32 payments⁠

$10,000 in ECNS 10 years ago paid $3,959 in dividends.⁠

ECNS Risk

Risk pillarC42 out of 100Rank 19 of 30 in China
How much the fund’s monthly returns vary, scaled to a year.
26.0%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.11
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−55.6%
Trough Feb 2024
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.81
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

ECNS Cost

Compare ECNS and FLCH

Overpaying vs FLCH, cheapest in China

$7,683

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ECNS 0.59%

    $11,635

  • FLCH 0.19% Cheapest

    $3,952

$10,000
30 years

Cost over time

  • ECNS 0.59%
  • FLCH 0.19%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530ECNS $11,635FLCH $3,952

Year by year

YearECNSFLCHOverpaying
10$1,058$347$711
20$4,051$1,351$2,700
30$11,635$3,952$7,683

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