ICVT vs FXI

Comparison between ISHARES CONVERTIBLE BOND ETF (ICVT, ETF) and ISHARES CHINA LARGE-CAP ETF (FXI, ETF).

5-Year PerformanceICVT has outperformed FXI, delivering a return of +8.4% compared to -0.3%

ICVT vs FXI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ICVT(ETF)	FXI(ETF)
Net Assets	$6.10B	$6.10B
Expense Ratio	0.20%	0.73%
Max Drawdown	38.15%	73.34%
Sharpe Ratio	2.13	0.39
5Y Beta	0.57	0.67
5Y Dividends CAGR	-14.14%	-5.29%

Net Assets

ICVT

$6.10B

FXI

$6.10B

Expense Ratio

Winner

ICVT

0.20%

FXI

0.73%

Max Drawdown

Winner

ICVT

38.15%

FXI

73.34%

Sharpe Ratio

Winner

ICVT

2.13

FXI

0.39

5Y Beta

Winner

ICVT

0.57

FXI

0.67

5Y Dividends CAGR

ICVT

-14.14%

Winner

FXI

-5.29%

ICVT vs FXI - Historical Returns

Returns include dividend reinvestment.

Period	ICVT	FXI
1 month	+9.35%	+4.94%
3 months	+13.67%	-0.18%
6 months	+21.22%	-4.85%
1 year	+37.53%	+9.73%
5 years(CAGR)	+8.36%	-0.31%
10 years(CAGR)	+14.03%	+4.54%
Max(CAGR)	+11.76%	+5.84%

Winner

ICVT

+9.35%

FXI

+4.94%

Winner

ICVT

+13.67%

FXI

-0.18%

Winner

ICVT

+21.22%

FXI

-4.85%

Winner

ICVT

+37.53%

FXI

+9.73%

5Y(CAGR)

Winner

ICVT

+8.36%

FXI

-0.31%

10Y(CAGR)

Winner

ICVT

+14.03%

FXI

+4.54%

Max(CAGR)

Winner

ICVT

+11.76%

FXI

+5.84%

ICVT vs FXI - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	ICVT	FXI
2026	+19.13%	-3.92%
2025	+18.03%	+31.30%
2024	+11.71%	+33.33%
2023	+15.59%	-15.40%
2022	-20.76%	-20.60%
2021	-0.63%	-19.82%
2020	+59.30%	+5.89%
2019	+22.39%	+15.81%
2018	-1.05%	-16.17%
2017	+15.43%	+34.51%
2016	+11.50%	+4.45%
2015	-6.03%	-13.05%
2014	N/A	+15.20%
2013	N/A	-5.45%
2012	N/A	+15.49%
2011	N/A	-18.76%
2010	N/A	+1.39%
2009	N/A	+37.80%
2008	N/A	-47.01%
2007	N/A	+48.14%
2006	N/A	+79.19%
2005	N/A	+13.97%
2004	N/A	+3.37%

ICVT vs FXI Drawdown Comparison

The maximum drawdown for ICVT was -33.15%, occurring on Jun 16, 2022. Recovery took 1145 trading sessions.

The maximum drawdown for FXI was -72.69%, occurring on Oct 27, 2008. Recovery took 3343 trading sessions.

The current FXI drawdown is -21.27%.

Rank	ICVT	FXI
#1	-33.15% Feb 12, 2021 - Sep 5, 2025	-72.69% Oct 31, 2007 - Feb 11, 2021
#2	-32.18% Feb 19, 2020 - Jun 5, 2020	-60.79% Feb 17, 2021 - Oct 31, 2022
#3	-18.52% Jun 23, 2015 - Oct 10, 2016	-21.26% Jan 3, 2007 - May 16, 2007
#4	-13.86% Aug 29, 2018 - Feb 25, 2019	-21.18% May 8, 2006 - Oct 12, 2006
#5	-8.63% Sep 1, 2020 - Oct 9, 2020	-16.02% Jul 23, 2007 - Aug 24, 2007
#6	-7.55% Nov 3, 2025 - Jan 16, 2026	-13.91% Aug 15, 2005 - Jan 5, 2006
#7	-6.75% Jan 26, 2018 - Mar 8, 2018	-8.78% Oct 17, 2007 - Oct 31, 2007
#8	-6.55% Jul 24, 2019 - Nov 25, 2019	-8.75% Feb 28, 2005 - Jul 19, 2005
#9	-6.17% Jan 28, 2026 - Apr 8, 2026	-8.08% Aug 27, 2007 - Sep 13, 2007
#10	-5.84% Mar 12, 2018 - May 30, 2018	-7.96% Dec 2, 2004 - Feb 25, 2005
#11	-5.49% May 3, 2019 - Jul 1, 2019	-6.87% Oct 11, 2004 - Nov 10, 2004
#12	-4.87% Jun 8, 2020 - Jun 17, 2020	-6.41% Feb 22, 2006 - Mar 30, 2006
#13	-4.66% Oct 13, 2020 - Nov 5, 2020	-6.23% Apr 21, 2006 - May 5, 2006
#14	-4.43% Jun 20, 2018 - Aug 28, 2018	-5.56% May 16, 2007 - Jun 11, 2007
#15	-3.78% Jan 25, 2021 - Feb 2, 2021	-5.29% Oct 2, 2007 - Oct 5, 2007

Correlation

Correlation between ICVT and FXI is 0.20 which considered as a very weak or no correlation - the stocks move independently of each other.

0.20

-101

Dividend Comparison (2005 - 2026)

ICVT vs FXI dividend yield comparison.

Year	ICVT	FXI
2026	0.42%	0.00%
2025	1.73%	2.42%
2024	2.19%	1.76%
2023	1.85%	3.17%
2022	1.93%	2.61%
2021	7.70%	1.60%
2020	3.98%	2.19%
2019	1.86%	2.74%
2018	4.82%	2.69%
2017	2.56%	2.31%
2016	3.06%	2.69%
2015	1.57%	2.90%
2014	0.00%	2.51%
2013	0.00%	2.64%
2012	0.00%	2.32%
2011	0.00%	2.19%
2010	0.00%	1.46%
2009	0.00%	1.30%
2008	0.00%	2.65%
2007	0.00%	1.23%
2006	0.00%	1.17%
2005	0.00%	2.03%