ETF Copilot
China

Is GXC a good investment?

Updated October 9, 2026

State Street SPDR S&P China ETF (GXC) is a China-focused ETF. As of October 9, 2026, ETF Copilot scores GXC 3.4 out of 10 — highest on Value (7.9), lowest on Return (0.6). It trades at 11.6 times earnings, against its own median of 11.9. Its ten largest holdings are 33% of the fund.

What stands out in GXC's data

China's largest listed companies, spanning state-owned enterprises and tech giants.

Earns no more on its capital than the typical China fund — a middling result for a market known for extremes.

Return on equity of 12.1% trails most peers, matching the category median. It holds 1,532 stocks and trades at an 8.1x EBITDA multiple.

A broad China allocation that covers the market with a single ticker.

Why did GXC move this week? It rose 1.4% in the week to October 9, 2026 — Alibaba and Pinduoduo drove it

GXC rose 1.4% in the week to October 9, 2026. The holdings that moved it most were Alibaba (+2.5%), Pinduoduo (+7.9%) and Xiaomi (+7.1%); Lenovo (−4.3%) pushed the other way.

How is GXC rated? ETF Copilot scores State Street SPDR S&P China ETF (GXC) 3.4 out of 10

As of October 9, 2026, ETF Copilot scores State Street SPDR S&P China ETF (GXC) 3.4 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

  • Overall: 3.4 / 10
  • Growth: 6.0 / 10
  • Value: 7.9 / 10
  • Risk: 1.0 / 10
  • Quality: 1.5 / 10
  • Return: 0.6 / 10

Is GXC expensive right now? It trades at 11.6 times earnings, against its own median of 11.9

As of October 9, 2026, GXC is cheaper than 61% of its own last 9 years.

Trailing 12 months, built from GXC's holdings. How we calculate this →

What's inside GXC? 13% Tech

What's inside GXC: Size (Large 54%, Mid 31%, Small 16%); Geography (International 100%, US 0%); Tech 13.0%; AI 0.2%; Semiconductors 2.2%; Memory 0.7%.

What are GXC's top holdings? The ten largest are 33% of the fund

Tencent, Alibaba, China Construction Bank, Industrial and Commercial Bank of China, Bank of China, Pinduoduo, Xiaomi, Meituan, Netease and Ping AN Insurance are GXC's largest holdings, in that order.

Less concentrated than 78% of China ETFs.

Half of GXC's weight sits in its 44 largest positions, and once those weights are taken into account it behaves like 50 equally weighted holdings.

What is GXC's expense ratio? 0.59% a year

As of October 9, 2026, GXC charges 0.59% a year, yields 2.30% and holds $446M in assets across 1532 positions.

State Street SPDR S&P China ETF (GXC) — cost, income and size
MeasureGXC
Expense ratio0.59%
Dividend yield2.30%
Assets under management$446M
Holdings1532

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Cite this

ETF Copilot, “State Street SPDR S&P China ETF (GXC) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/gxc

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