GXC vs TCHI

GXCAState Street SPDR S&P China ETF

TCHIBiShares MSCI China Multisector Tech ETF

In short

GXC The 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.

TCHI Chinese tech spills well past the tech sector, so this iShares fund goes looking across several. It tracks a capped MSCI index of Chinese technology and related industries, roughly 190 names, at 0.59%.

Stated mandate

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

TCHI The fund seeks to track an index containing Chinese equities in technology and related industries.

Why people hold it

• GXC Holds 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
• Running 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
• Tracks the S&P China BMI Index tightly and sits in the upper tier of its single-country China peer group on our review.

• TCHI Cross-sector by design: the index reaches into technology and related industries rather than one sector bucket, and it caps weights so no single giant dominates.
• 0.59% a year undercuts the 0.70% median for single-country China funds.
• Roughly 190 holdings, so the theme rides on a broad bench instead of three or four megacaps.
• Plain vanilla wrapper: a 1940 Act index fund from iShares, live since 2022, no derivatives layer to decode.

Worth knowing

• GXC The 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.
• Volume is light next to the category's biggest China funds, so bid-ask spreads can widen. Limit orders are the usual defense.
• One country, one policy regime: Chinese regulation, politics and currency moves drive the whole ride, and payouts land only once or twice a year.

• TCHI That 0.59% is exactly what broad China funds MCHI and GXC charge, so the narrower tech slice costs what whole-market exposure does.
• A small fund that trades lightly, so spreads can run wider than the headline China ETFs, most noticeably on big or hurried orders.
• One country, one theme. Chinese policy and regulatory swings land here undiluted, and payouts come once or twice a year rather than quarterly.

Full GXC profile⁠

Full TCHI profile⁠