CHIQ
Global X MSCI China Consumer Discretionary ETF
The Global X MSCI China Consumer Discretionary ETF seeks to invest in large- and mid-capitalization segments of the MSCI China Index that are classified in the Consumer Discretionary Sector as per the Global Industry Classification System.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
227.7 M
ASSETS UNDER MGMT
65 bp
EXPENSES
Fund Basics
| Fund sponsor | Global X Management Co LLC |
| Category | Emerging |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 01, 2009 |
| Assets (mns) | $228 |
| Expense ratio | 65 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Committee |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| MEITUAN DIANPING | 9.8 % |
| PINDUODUO, INC. SPONSORED ADR CLASS A | 9.0 % |
| ALIBABA GROUP HOLDING LTD. | 7.9 % |
| JD.COM, INC. CLASS A | 7.1 % |
| BYD CO LTD-H | 6.0 % |
| TRIP.COM GROUP LTD. | 4.8 % |
| YUM CHINA HOLDINGS, INC. | 3.7 % |
| LI AUTO, INC. CLASS A | 2.8 % |
| ANTA SPORTS PRODUCTS LTD | 2.7 % |
| GEELY AUTOMOBILE HOLDINGS LT | 2.4 % |
Constituent Breakdown
| Number of holdings | 66 |
| Herfindahl-Hirschman Index | 436 |
| Wgt avg mkt cap (mns) | $75,932 |
| Large cap (>$10bn) | 82.4% |
| Mid cap ($2-10bn) | 17.6% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 25.2% |
| Emerging mkts. | 74.8% |
Country Exposure
 |
CHINA | 93.5 % |
 |
HONG KONG | 6.3 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 16.2% | 18.2% | 20.0% | -10.9% | 3.8% | 5.6% | 2.8% | Volatility | 36.8% | 35.2% | 35.8% | 42.0% | 39.0% | 32.1% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.39 | 2% |
| MSCI EAFE | 0.87 | 13% |
| MSCI Emg Mkts | 1.82 | 53% |
Liquidity Measures
| Avg. volume (000) | 78 |
| Turnover | 0.7% |
| Avg. Bid/Ask (% of price) | 0.25% |
| ADV of underlying (mns) | $10,094 |
Technical Indicators
| Recent close | $19.61 |
| 30d moving avg. | $21.12 |
| Annualized volatility | 43.6% |
| Relative strength (RSI) | 54 |
| Short interest (ETF) | 1.0% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. CHIQ |
Expenses vs. CHIQ |
ALTAR Score™ vs. CHIQ |
|---|---|---|---|---|
| KWEB | KraneShares CSI China Internet ETF | 37.1% | +4 bp | -7.4% |
| KTEC | KraneShares Hang Seng TECH Index ETF | 35.4% | +4 bp | -9.6% |
| FXI | iShares China Large-Cap ETF | 34.4% | +9 bp | +2.3% |
| CXSE | WisdomTree China ex-State-Owned Enterprises Fund | 31.5% | -33 bp | +0.1% |
| CGRO | CoreValues Alpha Greater China Growth ETF | 30.5% | +10 bp | -4.0% |
| FDNI | First Trust Dow Jones International Internet ETF | 29.6% | 0 bp | -3.8% |
| MCHI | iShares MSCI China ETF | 29.4% | -6 bp | +2.5% |
| FLCH | Franklin FTSE China ETF | 26.3% | -46 bp | +2.9% |
| MCH | Matthews China Active ETF | 24.4% | +14 bp | -0.6% |
| EMQQ | EMQQ The Emerging Markets Internet & Ecommerce ETF | 23.3% | +21 bp | -4.3% |
Risk and Returns: CHIQ vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/21/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
CHIQ
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
CHIQ
6.0%
Cat. Avg
7.7%
ALTAR Score™ Calculation
Category Overview
There are 165 funds in the Emerging Equity category, with an average ALTAR Score™
of 7.7% and a standard deviation of
4.1%. CHIQ's ALTAR Score™ is approximately
0.4 standard deviations
below
the category average. This places CHIQ in the 33rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
CHIQSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Emerging Market Equity ETFs |
| # of ETFs | 103 |
| Avg. Expense Ratio | 64.6 bp |
| Std. Deviation | 29 bp |
| CHIQ (65 bp) Percentile rank | 51 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| CHIQ | 65.0 | 25.3 | 90.3 |
| Peer Avg. | 64.4 | 44.2 | 108.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .