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ETFs

Global X MSCI China Consumer Discretionary ETF

CHIQ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 30 2009
Expense Ratio
0.65%
Type
Global Ex. US Equities
Fund Owner
Global X
Volume (1m avg. daily)
$1,430,572
AUM
$304,086,642
Associated Index
MSCI China Consumer Discretionary 10/50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

PDD
PDD Holdings Inc - ADR
9.58%
9988
Alibaba Group Holding Ltd
8.83%
3690
Meituan - Ordinary Shares - Class B
8.38%
9618
JD.com Inc - Ordinary Shares - Class A
6.22%
1211
BYD Co - Ordinary Shares - Class H
5.57%
YUMC
Yum China Holdings Inc
4.77%
2015
Li Auto Inc - Ordinary Shares - Class A
4.50%
9961
Trip.com Group Ltd
4.07%
2020
Anta Sports Products
2.90%
NIO
NIO Inc - ADR
2.25%
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, GXC

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
GXC
SSgA Active Trust - SPDR S&P China ETF
KWEB
KraneShares Trust - KraneShares CSI China Internet ETF
CWEB
Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares
YINN
Direxion Shares ETF Trust - Direxion Daily FTSE China Bull 3X Shares
FXI
BlackRock Institutional Trust Company N.A. - iShares China Large-Cap ETF
EMQQ
Exchange Traded Concepts Trust - EMQQ The Emerging Markets Internet and Ecommerce ETF
CQQQ
Invesco Capital Management LLC - Invesco China Technology 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 toCHIQ

#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 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.

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 -0.0182%. This is the percent change in the value of CHIQ over the most recent 1-month period. The 3-month return on CHIQ is 0.0252%. 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 0.4033%. 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 IXN, IXJ, and SMH.

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

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

Disclaimers

*

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.