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GXC

GradeANew York Stock Exchange Arca

State Street SPDR S&P China ETF

Countries & Regions · SPDR · Inception 2007-03-20 · SEC filings

$88.29−1.37 (−1.53%)

As of Sep 23, 2026, 2:16 PM EDT

Intraday session: down, 26 prints from 89.66 to 88.29. Range 88.05 to 88.40. Use the arrow keys to read each point.$88.10$88.20$88.4010 AM12 PM2 PM4 PM
Expense ratio
0.59%
Fund size
$469M
1Y return
−11.1%
Yield · Last 12 months
2.22%
Holdings
1551
Volume · 30D
0M sh
NAV per share
$89.31
52W range
low $85.03high $107.01

The ETF.net GXC Grade

A

76/ 100

Rank 4 of 30 in China⁠

Confidence High

Six-pillar profile for GXC. Scores out of 100: Cost 76, Risk 63, Mission 95, Tradability 58, Holdings 76, Durability 83. Strongest: Mission (95). Weakest: Tradability (58). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 76 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 76
    Category rank7/30 · top 23%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 95
    Category rank3/22 · top 14%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 63
    Category rank10/30 · top 33%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 58
    Category rank12/30 · top 40%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 76
    Category rank5/28 · top 18%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 83
    Category rank3/30 · top 10%

Graded as of Sep 22, 2026

Our read on GXC

ETF.net Research

AThe whole China market in one ticker: roughly 1,400 stocks from megacaps down to small caps, tracked since 2007. Most China funds buy the famous names. GXC buys the phone book.

Stated mandate

The fund seeks to provide returns that generally correspond to the total return performance of the S&P China BMI Index.

Why people hold it

  1. 01Holds roughly 1,400 names across large, mid and small caps, so the portfolio reaches well past the handful of megacap internet stocks that dominate narrower China funds.ssga.com
  2. 02Running since 2007, one of the longest-tenured US-listed China index funds, with a track record covering several full boom and bust cycles in the market.ssga.com
  3. 03Tracks the S&P China BMI Index tightly and sits in the upper tier of its single-country China peer group on our review.

Worth knowing

  1. 01The 0.59% expense ratio sits at the pricier end of the shelf. Plain index rivals such as FLCH and CXSE charge less for China exposure.
  2. 02Volume is light next to the category's biggest China funds, so bid-ask spreads can widen. Limit orders are the usual defense.
  3. 03One country, one policy regime: Chinese regulation, politics and currency moves drive the whole ride, and payouts land only once or twice a year.

GXC Holdings

As of Sep 21, 2026, 3:50 PM
Asset class
Stocks
Holdings
1,551
Top-10 weight
32%
Largest holding
0700.HK9.3%

Sectors

  • Consumer Discr.21.0%
  • Financials18.5%
  • Communication14.2%
  • Technology13.2%
  • Industrials8.8%
  • Health Care7.1%
  • Materials6.8%
  • Cons. Staples3.5%
  • Energy3.4%
  • Real Estate1.8%
  • Utilities1.7%

Geography

  • China86.98%
  • Hong Kong7.91%
  • Ireland2.11%
  • Singapore1.14%
  • Switzerland0.87%
  • United States0.44%
  • Canada0.26%
  • Australia0.18%
  • Other countries (3)0.11%

Developed 13% · Emerging 87% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 104.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0010700.HKTENCENT HOLDINGS LTD9.25%805,715$43M153
0029988.HKALIBABA GROUP HOLDING LTD7.73%2,581,500$36M128
0030939.HKCHINA CONSTRUCTION BANK H3.44%13,104,623$16M106
0041398.HKIND + COMM BK OF CHINA H2.10%10,238,789$10M100
0053988.HKBANK OF CHINA LTD H1.76%10,732,700$8M98
006PDDPDD HOLDINGS INC1.72%101,255$8M152
0071810.HKXIAOMI CORP CLASS B1.64%2,264,400$8M96
0083690.HKMEITUAN CLASS B1.48%739,681$7M104
0092318.HKPING AN INSURANCE GROUP CO H1.23%844,600$6M107
0109999.HKNETEASE INC1.18%233,700$5M115
0111211.HKBYD CO LTD H1.09%490,100$5M47
0120992.HKLENOVO GROUP LTD1.03%996,000$5M115
0139618.HKJD.COM INC CLASS A0.97%335,432$4M100
0142628.HKCHINA LIFE INSURANCE CO H0.80%997,040$4M95
0152899.HKZIJIN MINING GROUP CO LTD H0.75%800,750$3M98

Showing 1–15 of 1547 holdings

GXC Performance

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

GXC$8,892
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. GXC $8,892. SPY $11,723. Use the arrow keys to read each point.$8,259$10,140$12,021Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 GXC. Periods over one year show the average yearly return.
PeriodGXC
Year to date−6.7%
1 month−2.0%
3 months−0.2%
1 year−11.1%
3 years+10.4%per year
5 years−1.7%per year
10 years+3.1%per year

As of the close, 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 GXC
YearReturn barGXC
2026 YTD−6.7%
2025+30.8%
2024+14.6%
2023−9.9%
2022−22.1%
2021−19.7%
2020+28.3%

GXC in the news

ETF.net Research hasn’t filed on GXC yet — coverage lands here as it’s written.

GXC 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 Sep 22, 2026.
2.22%Last 12 months
Payout per share
$1.99Last 12 months
Last payment
$0.67 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 16, 2017 $0.26; Dec 15, 2017 $1.71; Jun 15, 2018 $0.56; Dec 24, 2018 $1.16; Jun 24, 2019 $0.81; Dec 23, 2019 $0.83; Jun 22, 2020 $0.56; Dec 21, 2020 $0.79; Jun 21, 2021 $0.50; Dec 20, 2021 $0.90; Jun 21, 2022 $0.76; Dec 20, 2022 $1.33; Jun 20, 2023 $0.83; Dec 18, 2023 $1.69; Jun 24, 2024 $0.63; Dec 23, 2024 $1.50; Jun 23, 2025 $1.00; Dec 22, 2025 $1.32; Jun 22, 2026 $0.67. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 22, 2026Jun 26, 2026$0.67
Dec 22, 2025Dec 29, 2025$1.32
Jun 23, 2025Jun 27, 2025$1.00
Dec 23, 2024Dec 30, 2024$1.50
Jun 24, 2024Jun 28, 2024$0.63
Dec 18, 2023Dec 27, 2023$1.69
Jun 20, 2023Jun 27, 2023$0.83
Dec 20, 2022Dec 29, 2022$1.33
Jun 21, 2022Jun 28, 2022$0.76
Dec 20, 2021Dec 28, 2021$0.90
Jun 21, 2021Jun 28, 2021$0.50
Dec 21, 2020Dec 29, 2020$0.79

GXC Risk

How much the fund’s monthly returns vary, scaled to a year.
20.2%
Annualised · 36 months to Aug 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.
0.35
vs 3-month T-bills · to Aug 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.
−47.7%
Trough Oct 2022
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.
0.69
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.

GXC Cost

Expense ratio0.59%
  • The middle half of China funds
  • Median 0.65%

4 of the 28 China funds charge less.

GXC costs $59.00 a year on $10,000. The median China fund costs $65.00.