How to invest in China using ETFs
How do I invest in Chinese stocks?
The easiest way to invest in the whole Chinese stock market is to invest in a broad market index. This can be done at low cost by using ETFs.
On the Chinese stock market you'll find 12 indices which are tracked by ETFs. The speciality of China are the three categories of Chinese stocks: A-stocks, B-stocks and H-stocks.
Alternatively, you may invest in indices on Emerging Markets or Asia.
0.19% p.a. - 0.88% p.a.
annual total expense ratio (TER) of China ETFs
on the Chinese stock market, which are tracked by ETFs
on the Chinese stock market
Performance of Chinese stocks (MSCI China)
1 month: -1.22%
1 year: -1.53%
3 years: -35.61%
5 years: -9.97%
Indices in comparison
The best indices for ETFs on China
For an investment in the Chinese stock market, there are 12 indices available which are tracked by 24 ETFs. The speciality of investing in China are the different categories of Chinese stocks. The total expense ratio (TER) of ETFs on these indices is between 0.19% p.a. and 0.88% p.a..
- Indices
- ETFs
| Index | Investment focus | Number of ETFs | Number of constituents | Short description |
|---|---|---|---|---|
CSI 300 | China | 2 ETFs | 300 | The CSI 300 index tracks 300 stocks with the largest market capitalisation and liquidity from the entire universe of listed A share companies in the People’s Republic of China. Index factsheet |
Dow Jones China Offshore 50 | China | 1 ETF | 50 | The Dow Jones China Offshore 50 index tracks the largest companies whose primary operations are in mainland China but that trade on exchanges in Hong Kong or the U.S. Index factsheet |
FTSE China 30/18 Capped | China | 1 ETF | 1,073 (31.08.23) | The FTSE China 30/18 Capped tracks Chinese companies with large and medium market capitalisation whose shares are listed on stock exchanges in China (A shares) or outside China (B shares, H shares, P chips, red chips, S chips, N shares). The largest company in the index is limited to a maximum of 30 percent of the index capitalization, all other index components to a maximum of 18 percent. Index factsheet |
FTSE China 50 | China | 2 ETFs | 50 | The FTSE China 50 index tracks the 50 largest and most liquid Chinese companies listed on the Hong Kong Stock Exchange (H-Shares, Red Chips und P Chips). Index factsheet |
FTSE China A-H 50 | China | 1 ETF | 50 | The FTSE China A-H 50 index tracks the 50 largest Chinese A-Shares listed on the Shanghai or Shenzen stock exchanges. Each company will be represented either by its A-share or by its H-share. Index factsheet |
MSCI China | China | 7 ETFs | 702 (31.05.24) | The MSCI China index tracks the largest and most liquid Chinese stocks (A shares, H shares, B shares, Red chips, P chips). Index factsheet |
MSCI China A | China | 4 ETFs | 690 (31.05.24) | The MSCI China A index tracks the largest and most liquid Chinese A-Shares, denominated in Renminbi ("RMB") and listed on the Shenzhen and/or Shanghai stock exchanges. This index reflects Mainland China A-share securities from a domestic investor’s perspective. Index factsheet |
MSCI China A Inclusion | China | 2 ETFs | 541 (31.08.23) | The MSCI China A Inclusion index tracks China A-Shares also included in the MSCI Emerging Markets. Index factsheet |
MSCI China All Shares Stock Connect Select | China | 1 ETF | 755 (31.08.23) | The MSCI China All Shares Stock Connect Select index tracks large and mid cap Chinese securities. The stock selection includes share classes listed in Shanghai or Shenzhen (A-Shares, B-Shares), Hongkong (H-Shares, Red-chips, P-chips) as well as foreign listings Index factsheet |
MSCI China ex A Shares | China | 1 ETF | The MSCI China ex A Shares index tracks the largest and most liquid Chinese stocks, listed on the Hong Kong stock exchange (H-Shares, B-Shares, Red Chips, P Chips). | |
S&P China 500 | China | 1 ETF | 500 | The S&P China 500 index tracks the 500 largest and most liquid Chinese companies (all share classes including A-shares and offshore listings). Index factsheet |
S&P China A 300 | China | 1 ETF | 300 | The S&P China A 300 index tracks the 300 largest and most liquid Chinese A-Shares, denominated in Renminbi ("RMB") and listed on the Shenzhen and/or Shanghai stock exchanges. Index factsheet |
| ETF ISIN | Fund size in m EUR | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| iShares MSCI China A UCITS ETFIE00BQT3WG13 | 2,453 | 0.40% p.a. | Accumulating | Ireland | Full replication | |
| iShares MSCI China UCITS ETF USD (Acc)IE00BJ5JPG56 | 1,083 | 0.28% p.a. | Accumulating | Ireland | Full replication | |
| Xtrackers CSI 300 Swap UCITS ETF 1CLU0779800910 | 979 | 0.50% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| Xtrackers MSCI China UCITS ETF 1CLU0514695690 | 847 | 0.65% p.a. | Accumulating | Luxembourg | Full replication | |
| iShares China Large Cap UCITS ETFIE00B02KXK85 | 607 | 0.74% p.a. | Distributing | Ireland | Full replication | |
| HSBC MSCI China UCITS ETF USDIE00B44T3H88 | 565 | 0.28% p.a. | Distributing | Ireland | Full replication | |
| Franklin FTSE China UCITS ETFIE00BHZRR147 | 522 | 0.19% p.a. | Accumulating | Ireland | Full replication | |
| Xtrackers MSCI China UCITS ETF 1DLU2456436083 | 344 | 0.28% p.a. | Distributing | Luxembourg | Full replication | |
| Xtrackers Harvest CSI 300 UCITS ETF 1DLU0875160326 | 308 | 0.65% p.a. | Distributing | Luxembourg | Full replication | |
| Amundi MSCI China UCITS ETF AccLU1841731745 | 295 | 0.29% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| Amundi MSCI China A UCITS ETF AccFR0011720911 | 180 | 0.35% p.a. | Accumulating | France | Full replication | |
| Amundi MSCI China A II UCITS ETF DistLU2572256746 | 179 | 0.25% p.a. | Distributing | Luxembourg | Unfunded swap | |
| Xtrackers FTSE China 50 UCITS ETF 1CLU0292109856 | 158 | 0.60% p.a. | Accumulating | Luxembourg | Full replication | |
| HSBC MSCI China UCITS ETF USD (Acc)IE0007P4PBU1 | 157 | 0.28% p.a. | Accumulating | Ireland | Full replication | |
| UBS ETF (IE) MSCI China A SF UCITS ETF (USD) A-accIE00BKFB6K94 | 85 | 0.24% p.a. | Accumulating | Ireland | Swap-based | |
| HSBC MSCI China A Inclusion UCITS ETFIE00BF4NQ904 | 71 | 0.30% p.a. | Distributing | Ireland | Full replication | |
| Deka MSCI China ex A Shares UCITS ETFDE000ETFL326 | 67 | 0.66% p.a. | Distributing | Germany | Full replication | |
| iShares Dow Jones China Offshore 50 UCITS ETF (DE)DE000A0F5UE8 | 59 | 0.61% p.a. | Distributing | Germany | Full replication | |
| Invesco MSCI China All Shares Stock Connect UCITS ETF AccIE00BK80XL30 | 50 | 0.35% p.a. | Accumulating | Ireland | Full replication | |
| KraneShares ICBCCS China S&P 500 UCITS ETFIE0001QF56M0 | 32 | 0.55% p.a. | Accumulating | Ireland | Full replication | |
| L&G E Fund MSCI China A UCITS ETFIE00BHBFDF83 | 13 | 0.88% p.a. | Accumulating | Ireland | Optimized sampling | |
| iShares MSCI China UCITS ETF USD (Dist)IE00BL977C92 | 11 | 0.28% p.a. | Distributing | Ireland | Full replication | |
| Invesco S&P China A 300 Swap UCITS ETF AccIE000K9Z3SF5 | 10 | 0.35% p.a. | Accumulating | Ireland | Unfunded swap | |
| Xtrackers Harvest FTSE China A-H 50 UCITS ETF 1DLU1310477036 | 9 | 0.65% p.a. | Distributing | Luxembourg | Full replication |
- Cumulative
- Calendar year
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| MSCI China A Inclusion | -2.03% | 1.31% | 1.31% | -7.86% | -28.99% | |
| MSCI China A | -2.14% | 1.11% | 1.19% | -7.84% | -29.02% | |
| CSI 300 | -1.59% | 1.48% | 2.40% | -5.86% | -23.74% | |
| S&P China A 300 | -1.44% | 2.24% | 3.27% | -5.31% | - | |
| MSCI China All Shares Stock Connect Select | -0.20% | 6.24% | 3.28% | -1.92% | -34.15% | |
| FTSE China A-H 50 | -0.70% | 6.18% | 6.08% | -0.23% | -27.60% | |
| FTSE China 30/18 Capped | 0.99% | 9.53% | 4.79% | 1.45% | -36.24% | |
| MSCI China | 1.31% | 9.92% | 4.86% | 2.37% | -36.29% | |
| FTSE China 50 | 0.09% | 10.81% | 7.83% | 2.68% | -31.64% | |
| MSCI China ex A Shares | 1.80% | 11.60% | 5.53% | 4.45% | -37.80% | |
| Dow Jones China Offshore 50 | 2.45% | 11.20% | 5.17% | 6.31% | -35.97% | |
| S&P China 500 | -0.50% | 5.22% | 3.03% | - | - |
| Index | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| MSCI China A | 3.99% | -16.74% | -21.83% | 11.82% | 30.72% | |
| MSCI China A Inclusion | 4.03% | -16.78% | -21.58% | 11.33% | 30.28% | |
| CSI 300 | 4.74% | -12.91% | -19.91% | 11.68% | 32.87% | |
| S&P China A 300 | 5.67% | -13.59% | - | - | - | |
| S&P China 500 | 6.02% | - | - | - | - | |
| MSCI China All Shares Stock Connect Select | 6.68% | -15.45% | -19.10% | - | - | |
| FTSE China A-H 50 | 8.46% | -15.02% | -16.55% | 1.98% | 17.22% | |
| FTSE China 30/18 Capped | 8.54% | -14.97% | -18.16% | -13.60% | 19.47% | |
| Dow Jones China Offshore 50 | 8.54% | -12.10% | -14.05% | -22.84% | 15.85% | |
| MSCI China | 8.68% | -14.39% | -17.43% | -15.41% | 17.98% | |
| MSCI China ex A Shares | 9.45% | -14.40% | -13.18% | -22.04% | 13.79% | |
| FTSE China 50 | 12.06% | -16.58% | -15.07% | -14.06% | 0.79% |
Source: justETF.com; As of 31.05.24; Calculations in EUR based on the largest ETF of the respective index.
The best China ETFs
by 1 year return
The cheapest China ETFs
by total expense ratio (TER)
| 1 | Franklin FTSE China UCITS ETF | 0.19% p.a. |
| 2 | UBS ETF (IE) MSCI China A SF UCITS ETF (USD) A-acc | 0.24% p.a. |
| 3 | Amundi MSCI China A II UCITS ETF Dist | 0.25% p.a. |
Speciality
Chinese A-stocks (A-Shares): Stocks of Chinese companies that are listed on the Shanghai or Shenzhen stock exchange and traded in local currency.
This category has been exclusive to Chinese investors. However, professional foreign investors with a special license are able to invest in these stocks under certain restrictions.
Chinese B-stocks (B-Shares): Stocks of Chinese companies that are listed on the Shanghai or Shenzhen stock exchange and traded in foreign currency.
This category has been open for foreign investments. Since the restrictions on A-Shares have been lowered, these shares tend to be losing liquidity.
Hong Kong H-stocks (H-Shares): Stocks of Chinese companies that are listed on the Hong Kong stock exchange and traded in Hong Kong Dollar (HKD).
This category has been open for foreign investments as well. Most institutional investors prefer H-stocks due to their relatively high liquidity.
Alternative investment opportunities
Emerging markets indices with a large share of China
As alternative you can consider ETFs on emerging markets. Currently, you can invest in 3 emerging markets indices tracked by 22 ETFs. The total expense ratio (TER) of ETFs on emerging markets is between 0.14% p.a. and 0.74% p.a..
- Indices
- ETFs
| Index | Investment focus | Number of ETFs | Number of constituents | Short description |
|---|---|---|---|---|
| FTSE BIC 50 | Emerging Markets China: 84.49% (30/11/2022) | 1 ETF | 50 | The FTSE BIC 50 index tracks the 50 largest stocks of the BIC countries (Brazil, India, China). Index factsheet |
| FTSE Emerging | Emerging Markets China: 33.14% (30/11/2022) | 2 ETFs | 2,021 (31.08.23) | The FTSE Emerging index tracks stocks from emerging markets worldwide. Index factsheet |
| MSCI Emerging Markets | Emerging Markets China: 30.40% (30/11/2022) | 19 ETFs | 1,373 (31.05.24) | The MSCI Emerging Markets index tracks stocks from emerging markets worldwide. Index factsheet |
| ETF ISIN | Fund size in m EUR | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| Xtrackers MSCI Emerging Markets UCITS ETF 1CIE00BTJRMP35 | 4,966 | 0.18% p.a. | Accumulating | Ireland | Optimized sampling | |
| iShares MSCI EM UCITS ETF (Dist)IE00B0M63177 | 4,202 | 0.18% p.a. | Distributing | Ireland | Optimized sampling | |
| Amundi Index MSCI Emerging Markets UCITS ETF DR (C)LU1437017350 | 2,872 | 0.20% p.a. | Accumulating | Luxembourg | Full replication | |
| iShares MSCI EM UCITS ETF (Acc)IE00B4L5YC18 | 2,812 | 0.18% p.a. | Accumulating | Ireland | Optimized sampling | |
| HSBC MSCI Emerging Markets UCITS ETF USDIE00B5SSQT16 | 2,194 | 0.15% p.a. | Distributing | Ireland | Optimized sampling | |
| Amundi MSCI Emerging Markets UCITS ETF EUR (C)LU1681045370 | 2,185 | 0.20% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| Vanguard FTSE Emerging Markets UCITS ETF DistributingIE00B3VVMM84 | 2,101 | 0.22% p.a. | Distributing | Ireland | Optimized sampling | |
| Amundi MSCI Emerging Markets II UCITS ETF DistLU2573966905 | 1,591 | 0.14% p.a. | Distributing | Luxembourg | Unfunded swap | |
| UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-disLU0480132876 | 1,441 | 0.18% p.a. | Distributing | Luxembourg | Optimized sampling | |
| Amundi MSCI Emerging Markets III UCITS ETF EUR AccFR0010429068 | 862 | 0.55% p.a. | Accumulating | France | Unfunded swap | |
| Amundi MSCI Emerging Markets UCITS ETF USDLU1681045453 | 835 | 0.20% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF 1CLU0292107645 | 615 | 0.49% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| SPDR MSCI Emerging Markets UCITS ETFIE00B469F816 | 541 | 0.18% p.a. | Accumulating | Ireland | Full replication | |
| Vanguard FTSE Emerging Markets UCITS ETF AccIE00BK5BR733 | 497 | 0.22% p.a. | Accumulating | Ireland | Optimized sampling | |
| Amundi Index MSCI Emerging Markets UCITS ETF DR EUR (D)LU1737652583 | 457 | 0.20% p.a. | Distributing | Luxembourg | Full replication | |
| Invesco MSCI Emerging Markets UCITS ETFIE00B3DWVS88 | 323 | 0.19% p.a. | Accumulating | Ireland | Unfunded swap | |
| HSBC MSCI Emerging Markets UCITS ETF USD (Acc)IE000KCS7J59 | 208 | 0.15% p.a. | Accumulating | Ireland | Optimized sampling | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1DIE000GWA2J58 | 192 | 0.18% p.a. | Distributing | Ireland | Full replication | |
| iShares BIC 50 UCITS ETF USD (Dist)IE00B1W57M07 | 105 | 0.74% p.a. | Distributing | Ireland | Full replication | |
| Amundi MSCI Emerging Markets III UCITS ETF USD AccFR0010435297 | 97 | 0.55% p.a. | Accumulating | France | Unfunded swap | |
| Deka MSCI Emerging Markets UCITS ETF DE000ETFL342 | 86 | 0.66% p.a. | Accumulating | Germany | Unfunded swap | |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF 1DLU2675291913 | 63 | 0.18% p.a. | Distributing | Luxembourg | Unfunded swap |
- Cumulative
- Calendar year
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| FTSE BIC 50 | 0.32% | 8.88% | 3.81% | 5.70% | -40.09% | |
| MSCI Emerging Markets | -0.65% | 3.36% | 8.24% | 10.48% | -7.47% | |
| FTSE Emerging | -0.17% | 4.13% | 9.02% | 11.85% | -3.45% |
| Index | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| MSCI Emerging Markets | 5.35% | 5.75% | -15.28% | 5.39% | 8.01% | |
| FTSE BIC 50 | 6.38% | -10.62% | -24.06% | -17.37% | 8.88% | |
| FTSE Emerging | 6.73% | 4.11% | -12.40% | 7.62% | 4.99% |
Source: justETF.com; As of 31.05.24; Calculations in EUR based on the largest ETF of the respective index.
Asia indices with a large share of China
As further alternative you can invest in indices on Asia. In total, you can consider 4 Asian indices, which are tracked by 11 ETFs. The total expense ratio (TER) of ETFs on Asian indices is between 0.12% p.a. and 0.74% p.a..
- Indices
- ETFs
| Index | Investment focus | Number of ETFs | Number of constituents | Short description |
|---|---|---|---|---|
| MSCI AC Asia Pacific ex Japan | Asia Pacific China: 28.63% (30/11/2022) | 1 ETF | 1,244 (31.05.24) | The MSCI AC Asia Pacific ex Japan index tracks equity markets of the emerging and developed countries of the Asia and Pacific region, excluding Japan. Index factsheet |
| MSCI AC Asia ex Japan | Asia Pacific China: 34.64% (30/11/2022) | 2 ETFs | 1,180 (31.05.24) | The MSCI AC Asia ex Japan index tracks equity markets of the emerging and developed countries of the Asia region, excluding Japan. Index factsheet |
| MSCI AC Far East ex Japan | Asia Pacific China: 41.69% (30/11/2022) | 3 ETFs | 1,044 (31.05.24) | The MSCI AC Far East ex Japan index tracks equity markets of the emerging and developed countries of the East Asian region, excluding Japan. Index factsheet |
| MSCI Emerging Markets Asia | Asia Pacific China: 38.94% (30/11/2022) | 5 ETFs | 1,129 (31.05.24) | The MSCI Emerging Markets Asia index tracks large and mid cap companies from Asian emerging markets. Index factsheet |
| ETF ISIN | Fund size in m EUR | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| iShares MSCI EM Asia UCITS ETF (Acc)IE00B5L8K969 | 2,243 | 0.20% p.a. | Accumulating | Ireland | Full replication | |
| Amundi MSCI Emerging Markets Asia UCITS ETF EUR (C)LU1681044480 | 829 | 0.20% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| SPDR MSCI EM Asia UCITS ETFIE00B466KX20 | 789 | 0.55% p.a. | Accumulating | Ireland | Full replication | |
| iShares MSCI AC Far East ex-Japan UCITS ETFIE00B0M63730 | 769 | 0.74% p.a. | Distributing | Ireland | Full replication | |
| Amundi MSCI Emerging Markets Asia UCITS ETF USDLU1681044563 | 555 | 0.20% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| Amundi MSCI AC Asia Pacific Ex Japan UCITS ETF AccLU1900068328 | 349 | 0.60% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| UBS ETF (IE) MSCI AC Asia Ex Japan SF UCITS ETF (USD) A-accIE00B7WK2W23 | 249 | 0.23% p.a. | Accumulating | Ireland | Swap-based | |
| Amundi MSCI AC Asia Ex Japan UCITS ETF AccLU1900068161 | 225 | 0.50% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| Amundi MSCI Emerging Asia II UCITS ETF AccLU1781541849 | 189 | 0.12% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| HSBC MSCI AC Far East ex Japan UCITS ETF USDIE00BBQ2W338 | 132 | 0.45% p.a. | Accumulating | Ireland | Optimized sampling | |
| iShares MSCI AC Far East ex-Japan UCITS ETF USD (Acc)IE00BKPX3K41 | 11 | 0.74% p.a. | Accumulating | Ireland | Full replication |
- Cumulative
- Calendar year
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| MSCI AC Far East ex Japan | 0.48% | 5.40% | 7.29% | 4.74% | -19.06% | |
| MSCI AC Asia ex Japan | 0.30% | 5.16% | 9.70% | 9.35% | -10.41% | |
| MSCI AC Asia Pacific ex Japan | 0.32% | 4.52% | 9.50% | 9.37% | -7.45% | |
| MSCI Emerging Markets Asia | 0.17% | 5.16% | 9.94% | 10.64% | -9.24% |
| Index | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| MSCI AC Far East ex Japan | 5.88% | -1.28% | -15.89% | -2.74% | 14.53% | |
| MSCI AC Asia Pacific ex Japan | 5.99% | 2.96% | -12.62% | 3.78% | 11.51% | |
| MSCI AC Asia ex Japan | 7.14% | 2.12% | -14.88% | 2.94% | 13.90% | |
| MSCI Emerging Markets Asia | 7.64% | 3.84% | -15.09% | 1.48% | 16.80% |
Source: justETF.com; As of 31.05.24; Calculations in EUR based on the largest ETF of the respective index.
