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Global X MSCI China Materials ETF

CHIM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 12 2010
Expense Ratio
0.65%
Type
Global Ex. US Equities
Fund Owner
Global X
Volume (1m avg. daily)
$2,674
AUM
$3,035,428
Associated Index
MSCI China Materials 10/50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

2899
Zijin Mining Group Co., Ltd. - Ordinary Shares - Class H
9.32%
914
Anhui Conch Cement Company Limited - Ordinary Shares - Class H
5.22%
3993
CMOC Group Limited - Ordinary Shares - Class H
4.02%
600309
Wanhua Chemical Group Co. Ltd. - Ordinary Shares - Class A
3.97%
2600
Aluminum Corporation Of China Limited. - Ordinary Shares - Class H
3.87%
1378
China Hongqiao Group Limited
3.80%
3323
China National Building Material Company Limited - Ordinary Shares - Class H
3.33%
358
Jiangxi Copper Co. Ltd - Ordinary Shares - Class H
3.08%
1818
Zhaojin Mining Industry Co., Ltd. - Ordinary Shares - Class H
2.77%
1772
Ganfeng Lithium Group Co. Ltd. - Ordinary Shares - Class H
2.61%
Invest with CHIM

What is CHIM?

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

ETFs related toCHIM

ETFs correlated to CHIM include CHAU, KBA, ASHR

CHIM
Global X Funds - Global X MSCI China Materials ETF
CHAU
Direxion Shares ETF Trust - Direxion Daily CSI 300 China A Share Bull 2X Shares
KBA
KraneShares Trust - KraneSharesBosera MSCI China A 50 Connect Index ETF
ASHR
DBX ETF Trust - Xtrackers Harvest CSI 300 China A-Shares ETF
CNYA
BlackRock Institutional Trust Company N.A. - iShares MSCI China A ETF
GXC
SSgA Active Trust - SPDR S&P China ETF
CXSE
WisdomTree Trust - WisdomTree China ex-State-Owned Enterprises Fund
MCHI
BlackRock Institutional Trust Company N.A. - iShares MSCI 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
GMF
SSgA Active Trust - SPDR S&P Emerging Asia Pacific 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 toCHIM

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic trading strategy with CHIM using Composer

FAQ

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

CHIM tracks the MSCI China Materials 10/50 Index.

No, CHIM 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, CHIM 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 CHIM is 0.0064%. This is the percent change in the value of CHIM over the most recent 1-month period. The 3-month return on CHIM is 0.0122%. This is the percent change in the value of CHIM over the most recent 3-month period.

The standard deviation of CHIM for the past year is 0.2628%. 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 CHIM include IXJ, SMH, and URA.

ETFs correlated to CHIM include CHAU, KBA, and ASHR.

ETFs that are inversely correlated to CHIM include YANG, EDZ, and EFZ.

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.