What if you invested $1,000 in China Large-Cap (FXI) in 2004? (Inflation-Adjusted)

FXI · Index · Adjusted to 2026 dollars using BLS CPI-U data

View nominal (non-adjusted) version

A $1,000 investment in China Large-Cap (FXI) in 2004 grew to $3,303 in nominal terms. But 2004 dollars had 78% more purchasing power than today. After adjusting for cumulative inflation using BLS CPI-U data, the real value of that growth works out to $1,856 in constant 2004 dollars, equivalent to a +2.8% real annualized return.

Nominal final value

$3,303

+230.3% total return

Real value (2004 dollars)

$1,856

+85.6% real total return

Real annualized return

+2.8%

vs. +5.5% nominal annualized

Cumulative CPI-U inflation since 2004: 78% (1 dollar in 2004 = $1.78 in 2026)

Year-by-Year (Inflation-Adjusted)

$1,000 in China Large-Cap (FXI) since 2004, values in constant 2004 dollars

YearNominal ValueReal Value (2004 $)
2004$1,000$1,000
2005$1,052$1,017
2006$1,422$1,334
2007$2,083$1,896
2008$2,925$2,563
2009$1,560$1,376
2010$2,416$2,077
2011$2,722$2,248
2012$2,531$2,047
2013$2,777$2,199
2014$2,389$1,865
2015$2,927$2,286
2016$2,275$1,751
2017$2,748$2,069
2018$4,042$2,952
2019$3,392$2,420
2020$3,215$2,258
2021$4,088$2,733
2022$3,188$1,952
2023$2,740$1,616
2024$1,934$1,108
2025$2,886$1,621
2026$3,674$2,064

Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 2004 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.