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Global X MSCI China Health Care ETF

CHIH
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Dec 07 2018
Expense Ratio
0.65%
Type
Global Ex. US Equities
Fund Owner
Global X
Volume (1m avg. daily)
$42,949
AUM
$11,472,038
Associated Index
MSCI China Health Care 10/50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

2269
Wuxi Biologics (Cayman) Inc.
10.59%
6160
BeiGene Ltd
9.22%
1093
CSPC Pharmaceutical Group Limited.
7.13%
1177
Sino Biopharmaceutical Ltd.
4.65%
1801
Innovent Biologics Inc
4.19%
2359
Wuxi AppTec Co. Ltd. - Ordinary Shares - Class H
3.47%
1066
Shandong Weigao Group Medical Polymer Co. Ltd. - Ordinary Shares - Class H
3.29%
1548
Genscript Biotech Corporation - Ordinary Shares - Class H
3.13%
ZLAB
Zai Lab Limited - ADR
2.81%
300760
SHENZHEN MINDRAY BIO-MEDIC-A
2.64%
Invest with CHIH

What is CHIH?

The Global X MSCI China Health Care ETF (CHIH) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI China Health Care 10/50 Index. The MSCI China Health Care 10/50 Index is designed to capture the large- and mid-capitalization segments of securities included in the MSCI China Index that are classi ed in the Health Care Sector as per the Global Industry Classi cation Standard (GICS). The Index incorporates all eligible securities as per MSCI s Global Investable Market Index Methodology, including China A, B and H shares, Red chips, P chips and foreign listings (e.g., American Depository Receipts). Additionally, the Index utilizes a 10/50 concentration constraint whereby the weight of each group entity in the Index is capped at 10% and the cumulative weight of all group entities with a weight in excess of 5% does not exceed 50% of the Index by weight.

ETFs related toCHIH

ETFs correlated to CHIH include CLOZ, KURE, KMED

CHIHGlobal X Funds - Global X MSCI China Health Care ETF
CLOZSeries Portfolios Trust - Panagram BBB-B CLO ETF
Expense Ratio0.50%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
KUREKraneShares Trust - KraneShares MSCI All China Health Care Index ETF
KMEDKraneShares Trust - KraneShares Emerging Markets Healthcare Index ETF
KGROKraneShares Trust - KraneShares China Innovation ETF
PPIEPutnam ETF Trust - Putnam PanAgora ESG International Equity ETF
CHBGlobal X Funds - Global X China Biotech Innovation ETF
KESGKraneShares ICAV - KraneShares MSCI China ESG Leaders Index ETF
CNDBX ETF Trust - Xtrackers MSCI All China Equity ETF
CXSEWisdomTree Trust - WisdomTree China ex-State-Owned Enterprises Fund
KALLKraneShares Trust - KraneShares MSCI China All Shares Index 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.

Disclaimers

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We show information directly obtained from our data provider, XigniteData 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 providerInformation 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.