China Large-Cap ETF Surges 15.11% in July
The iShares China Large-Cap ETF (FXI) led July's top performers with a 15.11% return, driven by tech stock rallies and stability from state-backed banking giants.
Large tech holdings such as Alibaba Group and Tencent Holdings outperformed in July, while state-backed financial giants like China Construction Bank Corporation and Industrial and Commercial Bank of China served as the foundational anchor for FXI's performance.
The iShares Ethereum Trust ETF (ETHA) and the iShares Staked Ethereum Trust ETF (ETHB) posted standout gains in July, returning 14.95% and 14.88%, respectively. These returns significantly outpaced other iShares digital asset offerings.