Top 9 Chinese ETFs to watch in 2026

These nine funds all aim to track parts of the Chinese equity market, with indices ranging from broad mainland equities to tech and internet subsets. One fund applies a filter the others don't – WisdomTree China ex-State-Owned Enterprises Fund ($CXSE) screens out any company where government ownership tops 20%.

How we built this list: We selected these funds based on their industry or investment category and ordered them by assets under management. Prices are updated daily, and the list and supporting content are reviewed roughly every quarter. All data is sourced from Stake. This list isn't a recommendation and isn't ordered by suitability.

Past performance is not a reliable indicator of future performance.

Source: Stake market data. Figures in US$. Data updated as of 3 August 2026.

1. iShares MSCI China ETF ($MCHI)

iShares MSCI China ETF (MCHI) share price over the last year: started at US$57.47, ended at US$55.90, a change of −2.7%. Range over the period: high US$66.99, low US$50.48. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$55.90 · Daily: 0.2% · AUM: US$6.32B · MER: 0.59%

The iShares MSCI China ETF ($MCHI) aims to track an index of Chinese equities that are accessible to international investors. Holdings can include both direct securities and depositary receipts representing the index's constituent stocks. Depositary receipts are certificates that let a fund hold exposure to foreign-listed companies through internationally tradeable instruments.

The fund is designed to keep at least 90% of its assets in those index components at any given time. The underlying holdings aren't denominated in Australian dollars, so $MCHI carries currency exposure that will move with shifts in the AUD against the currencies in which those stocks trade.

2. KraneShares CSI China Internet ETF ($KWEB)

KraneShares CSI China Internet ETF (KWEB) share price over the last year: started at US$35.26, ended at US$28.74, a change of −18.5%. Range over the period: high US$42.94, low US$23.63. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$28.74 · Daily: 0.9% · AUM: US$5.69B · MER: 0.69%

KraneShares CSI China Internet ETF ($KWEB) aims to track the price and yield performance of an index designed to measure publicly traded China-based companies in the internet sector. The underlying index covers the investable universe of those companies, shaped by what foreign investors can access rather than the full breadth of China's internet industry.

Because $KWEB holds offshore equities, the fund carries currency exposure between the Australian dollar and the currencies those holdings trade in. Exchange rate movements can affect returns in AUD terms independently of how the underlying stocks perform. The internet sector focus concentrates the portfolio in a narrower part of the Chinese market than a broad-market China fund would hold.

3. iShares China Large-Cap ETF ($FXI)

iShares China Large-Cap ETF (FXI) share price over the last year: started at US$37.47, ended at US$36.46, a change of −2.7%. Range over the period: high US$41.75, low US$31.59. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$36.46 · Daily: -0.1% · AUM: US$4.36B · MER: 0.73%

iShares China Large-Cap ETF ($FXI) aims to track the FTSE China 50 Index, a benchmark of 50 of the largest and most liquid Chinese companies listed on the Hong Kong Stock Exchange. With just 50 holdings, $FXI concentrates its exposure across a narrow group of major names rather than covering a broader cross-section of the mainland market. Because the underlying stocks trade in Hong Kong dollars, Australian investors carry currency exposure between the AUD and the Hong Kong dollar.

4. Invesco China Technology ETF ($CQQQ)

Invesco China Technology ETF (CQQQ) share price over the last year: started at US$47.06, ended at US$50.19, a change of +6.7%. Range over the period: high US$60.47, low US$44.72. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$50.19 · Daily: -0.2% · AUM: US$3.05B · MER: 0.65%

Technology companies listed in China sit at the core of what Invesco China Technology ETF ($CQQQ) is designed to track. The fund follows the FTSE China Incl A 25% Technology Capped Index, with at least 90% of its assets held in securities that make up that index. It can also hold American depositary receipts (ADRs) and global depositary receipts (GDRs) representing the same underlying securities. Australian investors in $CQQQ carry currency exposure between the Australian dollar and the currencies of those underlying holdings.

5. Xtrackers Hvst CSI 300 China A Shs ETF Class A ($ASHR)

Xtrackers Hvst CSI 300 China A Shs ETF Class A (ASHR) share price over the last year: started at US$28.58, ended at US$33.92, a change of +18.7%. Range over the period: high US$37.30, low US$28.58. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$33.92 · Daily: -0.8% · AUM: US$1.54B · MER: 0.65%

The Xtrackers Harvest CSI 300 China A Shares ETF ($ASHR) aims to track the CSI 300 Index, which is designed to reflect the performance of mainland China's A share market. The index covers the 300 largest and most liquid stocks in that market. Because the underlying holdings are priced in Chinese yuan, the fund carries currency exposure between the Australian dollar and the yuan.

6. WisdomTree China ex-State-Owned Enterprises Fund ($CXSE)

WisdomTree China ex-State-Owned Enterprises Fund (CXSE) share price over the last year: started at US$36.92, ended at US$38.27, a change of +3.7%. Range over the period: high US$45.34, low US$36.92. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$38.27 · Daily: -0.1% · AUM: US$490.7M · MER: 0.32%

The WisdomTree China ex-State-Owned Enterprises Fund ($CXSE) aims to track an index of Chinese common stocks, weighted by float-adjusted market cap. The government-ownership threshold for exclusion sits at 20% – meaning any company where the state holds more than a fifth of the shares is removed from the index. What remains is a portfolio oriented toward privately run Chinese businesses rather than enterprises where the government holds significant influence.

7. State Street SPDR S&P China ETF ($GXC)

State Street SPDR S&P China ETF (GXC) share price over the last year: started at US$91.71, ended at US$91.54, a change of −0.2%. Range over the period: high US$106.67, low US$85.90. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$91.54 · Daily: 0.1% · AUM: US$475.6M · MER: 0.59%

The State Street SPDR S&P China ETF ($GXC) aims to replicate the total return of the S&P/Citigroup BMI China Index, which is designed to represent the broad Chinese composite equity market. The fund uses a passive management strategy, so its holdings shift as the index changes rather than through active stock selection.

Because the underlying equities are priced in Chinese yuan, $GXC carries currency exposure relative to the Australian dollar. Movements in the AUD/CNY rate can affect the fund's returns when measured in Australian dollars.

8. Franklin FTSE China ETF ($FLCH)

Franklin FTSE China ETF (FLCH) share price over the last year: started at US$22.69, ended at US$22.16, a change of −2.3%. Range over the period: high US$26.40, low US$20.27. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$22.16 · Daily: -0.09% · AUM: US$336.6M · MER: 0.19%

Franklin FTSE China ETF ($FLCH) aims to track the FTSE China RIC Capped Index, which is designed to measure the performance of large- and mid-capitalisation Chinese stocks. The 'RIC Capped' label refers to position limits based on Regulated Investment Company (RIC) rules, intended to cap how much weight any single holding can carry in the index. According to the fund's mandate, at least 80% of its assets are held in the index's component securities directly.

Because the underlying holdings aren't denominated in Australian dollars, the fund carries currency exposure that sits alongside the equities themselves. Exchange rate movements between the AUD and the currencies of those holdings will feed into the fund's total return, in either direction.

9. KraneShares Hang Seng TECH Index ETF ($KTEC)

KraneShares Hang Seng TECH Index ETF (KTEC) share price over the last year: started at US$16.46, ended at US$13.77, a change of −16.3%. Range over the period: high US$19.51, low US$11.99. Source: Stake market data. Past performance is not a reliable indicator of future performance.

Price: US$13.77 · Daily: 0.6% · AUM: US$59.8M · MER: 0.69%

The KraneShares Hang Seng TECH Index ETF ($KTEC) aims to track the Hang Seng TECH Index, which covers the 30 technology companies with the largest free-float market capitalisation listed on the Hong Kong Stock Exchange. Free-float market capitalisation counts only the shares available for public trading, so companies with large government or founder shareholdings carry less weight in the ranking than their total size might imply. That methodology determines which 30 names make the index and in what proportion.

The underlying holdings trade in Hong Kong dollars, so AUD investors carry currency exposure between the Australian dollar and the Hong Kong dollar. The fund applies no currency hedging, meaning shifts in the AUD/HKD rate can move the fund's value in Australian dollar terms independently of how the index itself performs.

Common questions

How do I invest in Chinese ETFs in Australia?

All nine funds in this article trade on U.S. exchanges, so you'll need a trading platform with U.S. market access. Purchases settle in USD, which means AUD/USD movements affect what Australian investors pay when buying in and receive when converting proceeds back. There are no ASX-listed equivalents among these funds.

What are the key risks of investing in Chinese ETFs?

Political and regulatory risk is central to this theme. The Chinese government can alter the rules governing listed companies, restrict foreign ownership structures, or change how firms are set up for international investors. U.S.-listed Chinese securities carry an additional layer: U.S. regulatory requirements around audit access could affect how some of those stocks trade on American exchanges. Currency adds further complexity – Australian investors face AUD/USD movements on the fund itself, as well as the rate between USD and the currencies of the underlying holdings. Funds concentrated in technology or internet companies layer sector concentration risk on top of those country-level risks.

What are the main sub-types among these funds?

The nine funds take four distinct approaches to Chinese equity exposure. Several track the broad market across large and mid-cap stocks listed in Hong Kong or via depositary receipts. A few concentrate on technology – one on internet companies, one on China's broader technology sector, and another specifically on Hong Kong-listed tech names. One holds China A-shares, which are stocks traded directly on mainland Chinese exchanges rather than offshore. Another screens out state-owned enterprises, limiting its holdings to companies where government ownership sits below 20%.

How do the fees compare across these funds?

MERs run from 0.19% ($FLCH) to 0.73% ($FXI) – a spread of more than half a percentage point. No two funds here track the same index or cover the same market segment, so comparing fees across this list means comparing funds that differ in other ways too.

Disclaimer

Past performance is not a reliable indicator of future performance. When you invest, your capital is at risk. You should consider your own investment objectives, financial situation, and particular needs before making an investment decision. The value of your investments can go down as well as up and you may receive back less than your original investment. As always, do your own research and consider seeking appropriate financial advice before investing.

This is not personal financial advice nor a recommendation to invest in the securities listed. Any advice provided by Stake is of general nature only and does not take into account your specific circumstances. Trading and volume data from the Stake investing platform is for reference purposes only, the investment choices of others may not be appropriate for your needs and is not a reliable indicator of performance.

Please refer to hellostake.com/pricing for the fees that apply. When you trade securities priced in another currency, currency conversion fees may apply and movements in the exchange rate may affect your returns.

Stake Desk

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This article combines AI and human review from our analysts to bring you accurate, informative investing content at speed. For questions or suggestions, contact stakedesk@stake.com.au.