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Global X MSCI China Communication Services ETF

CHIC
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Dec 08 2009
Expense Ratio
0.65%
Type
Global Ex. US Equities
Fund Owner
Global X
Volume (1m avg. daily)
$40,099
AUM
$7,920,000
Associated Index
MSCI China Communication Services 10/50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

9888
Baidu Inc
9.85%
IQ
iQIYI Inc - ADR
8.56%
9999
NetEase Inc
8.49%
700
Tencent Holdings Ltd.
8.44%
1024
Kuaishou Technology - Ordinary Shares - Class B
6.32%
9626
Bilibili Inc - Ordinary Shares - Class Z
4.85%
WB
Weibo Corp - ADR
4.39%
BZ
Kanzhun Ltd - ADR
4.38%
600050
CHINA UNITED NETWORK-A
4.25%
3888
Kingsoft Corp
4.19%
Invest with CHIC

What is CHIC?

The Global X MSCI China Communication Services ETF (CHIC) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI China Communication Services 10/50 Index.

ETFs related toCHIC

ETFs correlated to CHIC include CWEB, MCHI, KWEB

CHIC
Global X Funds - Global X Funds Global X MSCI China Communication Services ETF
CWEB
Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares
MCHI
BlackRock Institutional Trust Company N.A. - iShares MSCI China ETF
KWEB
KraneShares Trust - KraneShares CSI China Internet ETF
FLCH
Franklin Templeton ETF Trust - Franklin FTSE China ETF
CQQQ
Invesco Capital Management LLC - Invesco China Technology ETF
GXC
SSgA Active Trust - SPDR S&P China ETF
YINN
Direxion Shares ETF Trust - Direxion Daily FTSE China Bull 3X Shares
FXI
BlackRock Institutional Trust Company N.A. - iShares China Large-Cap ETF
CXSE
WisdomTree Trust - WisdomTree China ex-State-Owned Enterprises Fund
PGJ
Invesco Capital Management LLC - Invesco Golden Dragon China ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toCHIC

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Create your own algorithmic trading strategy with CHIC using Composer

FAQ

CHIC is a Global Ex. US Equities ETF. The Global X MSCI China Communication Services ETF (CHIC) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI China Communication Services 10/50 Index.

The top holdings for CHIC include Baidu Inc, iQIYI Inc - ADR, and NetEase Inc.

CHIC has 27 total holdings.

CHIC tracks the MSCI China Communication Services 10/50 Index.

No, CHIC is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, CHIC is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on CHIC is 0.0422%. This is the percent change in the value of CHIC over the most recent 1-month period. The 3-month return on CHIC is 0.5105%. This is the percent change in the value of CHIC over the most recent 3-month period.

The standard deviation of CHIC for the past year is 0.5097%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to CHIC include IXC, IXJ, and IXG.

ETFs correlated to CHIC include CWEB, MCHI, and KWEB.

ETFs that are inversely correlated to CHIC include YANG, EDZ, and EUM.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.