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Global X MSCI China Consumer Discretionary ETF

CHIQ
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Nov 30 2009
Expense Ratio
0.65%
Type
Global Ex. US Equities
Fund Owner
Global X
Volume (1m avg. daily)
$5,761,377
AUM
$375,070,500
Associated Index
MSCI China Consumer Discretionary 10/50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

9988
Alibaba Group Holding Ltd
9.67%
3690
Meituan - Ordinary Shares - Class B
7.69%
9618
JD.com Inc - Ordinary Shares - Class A
7.64%
PDD
Pinduoduo Inc - ADR
7.55%
1211
BYD Co - Ordinary Shares - Class H
4.60%
YUMC
Yum China Holdings Inc
4.43%
2331
Li Ning Co., Ltd.
4.10%
TCOM
Trip.com Group Ltd - ADR
3.84%
2020
Anta Sports Products
3.14%
2015
Li Auto Inc - Ordinary Shares - Class A
2.74%
Invest with CHIQ

What is CHIQ?

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

ETFs related toCHIQ

ETFs correlated to CHIQ include CXSE, MCHI, PGJ

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

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Create your own algorithmic trading strategy with CHIQ using Composer

FAQ

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

The top holdings for CHIQ include Alibaba Group Holding Ltd, Meituan - Ordinary Shares - Class B, and JD.com Inc - Ordinary Shares - Class A.

CHIQ has 76 total holdings.

CHIQ tracks the MSCI China Consumer Discretionary 10/50 Index.

No, CHIQ 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, CHIQ 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 CHIQ is -0.013%. This is the percent change in the value of CHIQ over the most recent 1-month period. The 3-month return on CHIQ is 0.2758%. This is the percent change in the value of CHIQ over the most recent 3-month period.

The standard deviation of CHIQ for the past year is 0.5479%. 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 CHIQ include IXC, IXJ, and IXG.

ETFs correlated to CHIQ include CXSE, MCHI, and PGJ.

ETFs that are inversely correlated to CHIQ 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.