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iShares China Large-Cap ETFETF · Country ETFs
$34.49+0.41%
as of market close, Sep 11, 2026
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iShares China Large-Cap ETF drawdown: 52.6% below the all-time high

IShares China Large-Cap ETF is 52.6% below its all-time high, set Oct 31, 2007 (as of market close, Sep 11, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.

Below all-time high
−52.6%
47.4% of ATH
All-time high
$72.84
Oct 31, 2007
Time below the high
18.9 yrs
since Oct 31, 2007
Worst-ever drawdown
−73.3%
Oct 27, 2008
Longest underwater
18.9 yrs
between all-time highs
Today's level first reached
Dec 20, 2006
19.7 yrs ago
Last time this deep
never before
no prior −52.6% episode

% of all-time high since 2004#

The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.

Basis
Range
All-time high = 100%40%60%80%
FXI close · log20.0050.00
20052010201520202025

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Oct 31, 2007Oct 27, 2008−73.3%12 monot yet18.9 yrs+
Jan 3, 2007Mar 5, 2007−21.3%2 moMay 16, 20074 mo
May 8, 2006Jun 13, 2006−21.2%36 daysOct 12, 20065 mo
Jul 23, 2007Aug 16, 2007−16.0%24 daysAug 24, 200732 days

Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.

Drawdown vs what came next#

One dot per month since 2004: how far iShares China Large-Cap ETF stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.

FAQ#

How far is iShares China Large-Cap ETF from its all-time high?
iShares China Large-Cap ETF is currently 52.6% below its all-time high, set Oct 31, 2007 (as of market close, Sep 11, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest iShares China Large-Cap ETF drawdown ever?
The deepest decline on record in our data (since 2004) took iShares China Large-Cap ETF 73.3% below its prior high, bottoming Oct 27, 2008. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from FXI; no free deep history exists for iShares China Large-Cap ETF — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.

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