SPDR S&P China ETF (GXC)
| Assets | $497.46M |
| Expense Ratio | 0.59% |
| PE Ratio | 15.74 |
| Shares Out | 4.80M |
| Dividend (ttm) | $2.50 |
| Dividend Yield | 2.49% |
| Ex-Dividend Date | Jun 23, 2025 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 38.68% |
| Volume | 14,543 |
| Open | 100.27 |
| Previous Close | 101.89 |
| Day's Range | 100.27 - 100.93 |
| 52-Week Low | 70.92 |
| 52-Week High | 107.01 |
| Beta | 0.29 |
| Holdings | 1253 |
| Inception Date | Mar 20, 2007 |
About GXC
Fund Home PageThe SPDR S&P China ETF (GXC) is an exchange-traded fund that is based on the S&P China BMI index, a broad, market-cap-weighted index of investable Chinese shares GXC was launched on Mar 20, 2007 and is issued by State Street.
Top 10 Holdings
37.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Tencent Holdings Limited | 0700 | 12.59% |
| Alibaba Group Holding Limited | 9988 | 10.08% |
| PDD Holdings Inc. | PDD | 2.64% |
| China Construction Bank Corporation | 0939 | 2.62% |
| Xiaomi Corporation | 1810 | 2.55% |
| Meituan | 3690 | 1.86% |
| Industrial and Commercial Bank of China Limited | 1398 | 1.57% |
| NetEase, Inc. | 9999 | 1.25% |
| Ping An Insurance (Group) Company of China, Ltd. | 2318 | 1.23% |
| JD.com, Inc. | 9618 | 1.22% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 23, 2025 | $1.00207 | Jun 27, 2025 |
| Dec 23, 2024 | $1.50233 | Dec 30, 2024 |
| Jun 24, 2024 | $0.62614 | Jun 28, 2024 |
| Dec 18, 2023 | $1.68694 | Dec 27, 2023 |
| Jun 20, 2023 | $0.83345 | Jun 27, 2023 |
| Dec 20, 2022 | $1.33262 | Dec 29, 2022 |
Performance
GXC had a total return of 30.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.56%.
News
China's Flow-Driven Equity Rally May Have Further Upside
Despite mounting macro headwinds at the start of the year, Chinese equities have continued to deliver positive performance. While near-term flows can provide further upside, the durability for the equ...
VIEW Analysts react to call between Trump and Xi over trade, TikTok
A phone call between U.S. President Donald Trump and Chinese leader Xi Jinping on Friday may have lowered the temperature between the superpowers, but it yielded little in the way of firm agreements a...
GXC Vs SPY And Why China Won't Dominate The World
China will continue to rise, but global dominance is unlikely due to significant trade headwinds and growing skepticism from both Western and Asian leaders. SPDR S&P China ETF is rated a Hold, as broa...
APAC Equities: The Sensitivity To Oil Prices
Among APAC equity markets, Australia has a higher beta to oil prices while India, Indonesia and Thailand have lower betas. Domestic political uncertainties have been one main reason for the decoupling...
China Q2 GDP And June Data: Growth Holds Steady But Underlying Fragility Remains
China's Q2 GDP growth met government targets at 5.2% YoY, but the recovery remains uneven beneath the headline numbers. High-tech manufacturing and services are driving growth, while real estate and r...
GXC: Chinese Stocks Are Volatile - Still Trending Higher With A Low P/E
Both U.S. and Chinese stocks rallied due to a de-escalation in the trade war, boosting the S&P 500 and Hang Seng Indexes. I reiterate a 'Buy' rating on the SPDR S&P China ETF due to its attractive val...
GXC: China's Industrial Rebound And Stimulus Will Support Momentum In 2025
GXC: China's Industrial Rebound And Stimulus Will Support Momentum In 2025
The Stocks And ETFs Driving Trump's Tariff Target Markets
Trump's tariffs cause short-term volatility, but long-term market impact is minimal; earnings remain the key focus for investors. The three countries in questions are Canada, China, and Mexico. This b...
Hang Seng Index: Transforming Into A Medium-Term Bearish Trend Despite Improving Services PMI From China
Sentiment remains fragile in China and Hong Kong stock market even China services activities have improved in December. Weak market breadth and a persistent bearish trend of the Chinese yuan since Nov...
GXC: China Stocks Soar After Bullish Monetary Policy News
I have a buy rating on the SPDR S&P China ETF (GXC) due to its low P/E ratio, improving technical trends, and favorable seasonality. GXC offers exposure to a broad range of Chinese equities, including...
Chinese Investors Are Excited About the Market. 3 Lingering Questions.
Government statistics are starting to suggest that consumer sentiment in China is nudging for the better.
How investors can participate in the China stock rally
China stocks (^HSI) have extended their rally after the People's Bank of China unveiled new stimulus measures in an effort to recover its struggling economy. Todd Rosenbluth, VettaFi Head of Research,...
1 Reason To Buy And 2 Reasons To Sell Chinese Stocks
Chinese stocks have entered a new bull market, driven by significant policy measures and momentum, but long-term investment risks remain high. Despite recent rallies, deteriorating fundamentals and ex...
China's Policy Measures: A Pivotal Week?
China's policymakers have announced a significant package of easing measures designed to lift China from a state of entrenched economic weakness. The reception from global markets has been very positi...
GXC: Downgraded To Hold After The Monster Move
China is facing difficulties in transitioning its economy from manufacturing-driven to high-value goods and services, and government policies have also impacted its growth. The Chinese government has ...
China's Data Dump Shows That Time Is Running Out To Achieve This Year's Growth Target
Data largely came in weaker than already cautious forecasts, and with a less supportive base effect, we will need to see a significant stimulus push to reach this year's growth target. Looking at the ...
China Will Struggle To Hit Its 5% Growth Target This Year
Momentum in the Chinese economy has softened in the past few months as pessimism becomes increasingly entrenched. That suggests further supportive policy measures are needed.
Chinese Equities: How Investors Can Unlock The Power Of Dividends
Chinese companies are being encouraged to return cash to shareholders - and are finding good reasons to do so. Regulators are encouraging companies to focus on shareholder returns, and changing macroe...
China's Stalling Credit Market Signals an Era Of Stagnation
The latest figures published by the People's Bank of China show that credit and liquidity are stalling as demand for new loans declines. Deteriorating confidence in China's prospects explains why hous...
China's Key Growth Indicators Continue To Present A Case For Further Policy Easing
Data came in generally in line or slightly weaker than forecasts, as weak confidence continued to depress investment and consumption. New home prices fell by -0.65% MoM in July, compared to a -0.67% M...
The Chinese Economy Is In Trouble, Here Are The Warning Signs
China has been hit with two major crises as their financial and real estate sectors collapse simultaneously. Deflation, unemployment, divestiture, and lowered consumption are affecting all levels of s...
China's Credit Activity Remained Weak In July
New aggregate financing and loans both missed forecasts again in July amid high real interest rates and limited borrowing appetite. New RMB loans fell into contraction at RMB 770.8bn, lowering the yea...
China's Sluggish May Economic Data To Increase Calls For Rate Cuts
The People's Bank of China kept the one-year medium-term lending facility rate unchanged at 2.5% today, in line with market expectations. We believe that in conjunction with today's data releases and ...
China Accelerates Policy Support Rollout Amid Mixed Data
Key economic indicators are mixed in China and, in fact, were mostly weaker than expected last month. So, policymakers are now stepping up support for the property sector in particular.
GXC: China's 'Year Of The Dragon' Rally Still Has Legs
After years of negative returns, Chinese stocks are back. Backed by a much-improved macro/micro setup, this rally likely still has legs. Funds heavier on offshore listings, like GXC, could outperform ...
China's May PMI Disappointed As Manufacturing Fell Back Into Contraction
Manufacturing sector PMI fell back into contraction amid weak orders and slowing production. Given a fairly strong positive correlation between the data, the disappointing PMI release sends a warning ...
Thinking Hard About The China Overproduction Narrative
Concerns about “overcapacity” arise primarily for goods linked to high-wage jobs, not for low-wage industries like clothing or toys. China sees its success as a result of a system that blends state co...
JPMorgan is 'positive' on China stocks and 'constructive' on real estate as Beijing props up markets
JPMorgan's view on China stocks is "tilted in the positive direction," said Wendy Liu, the firm's chief Asia and China equity strategist. Liu, who expects the index to hit 3,900 by the end of the year...
China markets: We maintain our strategy of focusing on alpha selection, RBC strategist says
Jasmine Duan, senior investment strategist at RBC Wealth Management Asia, says it continues to like high dividend yield stocks.
Nicholas Lardy: Skeptic that consumer confidence in China is weak
Nicholas Lardy from Peterson Institute for International Economics on why he is constructive on Chinese economy.
China Is Stingy With Economic Data. The Fallout for Stocks.
China's opacity with data hurts investor confidence, experts say.
PBOC Held Rates Steady In March
The PBOC held the 1-year medium-term lending facility (MLF) rate at 2.5% in March. The PBOC remains on a dovish tilt, but depreciation pressure on the RMB limits room for monetary easing in China befo...
GXC: A Long-Term Investment In China
The SPDR S&P China ETF offers exposure to both U.S.-listed ADRs and Chinese A-shares, with a tilt towards large-cap technology companies. GXC is trading at attractive valuations compared to the S&P 50...
Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets
China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singa...
China: January 2024 CPI Inflation Fell To The Lowest Level Since 2009, Likely To Mark The Bottom
China's January CPI inflation was weaker than forecast at -0.8% YoY, which marks the lowest level since September 2009. We expect this to mark the bottom of the current cycle.
China Begins Year Of The Dragon With Weak Economic Momentum
The Chinese economy is stabilising, but the only fireworks will come from the new year celebrations, which begin on February 11, as momentum remains weak. China's GDP growth for the fourth quarter ros...
China Growth Could Slow Amid Limited Policy Options
While recent policy announcements and data surprises have generated some optimism, we maintain a cautious stance on China's economic prospects. We believe weak consumption trends, a downbeat labor mar...
China Outlook: Market Rescue Welcomed, But More Needed
In response to the recent China equity market rout, policymakers vowed last week to stabilize the market through more forceful measures. Despite a very positive initial market reaction (an 8% rebound ...
China Canary Warns About Global Economy And The Downside To Euphoria
Chinese stock prices have lost money in the 16 years since 2007 and are now back near 2005 levels. Chinese treasury bonds have rallied sharply as beaten-up capital capitulates out of riskier markets a...
These ETF strategies were big winners in 2023. Here's where one CFRA analyst sees them going next year.
Hello! This is MarketWatch reporter Isabel Wang bringing you this week's ETF Wrap. In this week's edition, we look at ETF strategies that have exploded in popularity in 2023, and whether they will con...
GXC ETF: Unfavorable Macro Backdrop Offset By Favorable Technical And Valuation Sub-Plots
The SPDR S&P China ETF has performed poorly in 2023, with total returns of -13%. The Chinese economy is expected to have a slow recovery in 2024, with growth expected to come in at 4.6% vs 5.2% in 202...