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CHII

MSCI China Industrials ETF

Morningstar Rating™ - Overall rating out of 103 China Region funds, based on risk-adjusted returns as of 04/30/2023

Overview Prices & Performance Holdings & Characteristics Research Documents

Reasons to Consider CHII

Targeted Exposure

CHII is a targeted play on the Industrials Sector in China – the world's second largest economy by GDP.

ETF Efficiency

In a single trade, CHII delivers access to dozens of industrials companies within the MSCI China Index, providing investors an efficient vehicle to express a sector view on China.

All Share Exposure

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, among others.

Key Information As of 05/26/23

Inception Date	11/30/09
Total Expense Ratio	0.65%
Net Assets	$5.73 million
NAV	$12.46
Fact Sheet

ETF Summary

The Global X MSCI China Industrials ETF (CHII) seeks to invest in large- and mid-capitalization segments of the MSCI China Index that are classified in the Industrials Sector as per the Global Industry Classification System (GICS).

ETF Objective

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

Trading Details As of 05/25/23

Ticker	CHII
Bloomberg Index Ticker	NU721886
CUSIP	37950E705
ISIN	US37950E7058
Primary Exchange	NYSE Arca
Shares Outstanding	460,000
Number of Holdings	111
30-Day Median Bid-Ask Spread	0.67%

Distributions As of 05/26/23

30-Day SEC Yield	3.01%
Distribution Frequency	Semi-Annually

ETF Prices As of 05/26/23

NAV	$12.46	Daily Change	-$0.05	-0.40%
Market Price	$12.43	Daily Change	$0.02	0.16%

As of recent (03/31/23) As of recent (03/31/23)	Fund NAV	Market Price	Index
1 Year	-6.26%	-5.66%	-5.64%
3 Years	5.18%	6.06%	6.01%
5 Years	-0.17%	-0.41%	-0.19%
10 Years	3.51%	3.46%	4.06%
Since Inception	0.42%	0.39%	0.96%
1 Year	1.76%	3.41%	2.42%
3 Years	3.29%	4.16%	4.09%
5 Years	-0.52%	-0.07%	-0.57%
10 Years	3.72%	3.64%	4.25%
Since Inception	0.52%	0.54%	1.06%
Year-to-Date	2.49%	2.50%	2.64%
1 Month	2.73%	2.34%	2.78%
3 Months	2.49%	2.50%	2.64%
Since Inception	5.75%	5.36%	13.64%
Year-to-Date	3.96%	4.60%	4.10%
1 Month	1.44%	2.05%	1.43%
3 Months	-2.97%	-2.83%	-2.87%
Since Inception	7.27%	7.52%	15.27%

The Fund investment objective and investment strategies changed effective December 6, 2018. Index performance reflects the performance of the Solactive China Industrials Total Return Index through December 4, 2018, and the MSCI China Industrials 10/50 Index thereafter.

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
9.18	ZTO	ZTO EXPRESS -ADR	BYYDFN0	27.04	19,442	525,711.68
7.54	300750 C2	CONTEMPORARY A-A	BHQPSY7	31.13	13,883	432,174.21
6.49	267 HK	CITIC LTD	6196152	1.21	306,150	371,607.18
2.78	1919 HK	COSCO SHIP HOL-H	B0B8Z18	0.95	167,426	159,456.93
2.50	2338 HK	WEICHAI POWER CO LTD-H	6743956	1.41	101,816	143,207.89
2.49	390 HK	CHINA RAILWAY GROUP LTD-H	B297KM7	0.64	221,548	142,517.33
2.36	1766 HK	CRRC CORP LTD - H	B2R2ZC9	0.59	229,800	134,920.26
2.11	3311 HK	CHINA STATE CONS	B0BM5T8	1.14	105,710	120,620.99
2.08	3898 HK	CRRC TIMES ELEC	B1L3XL6	4.14	28,743	119,046.36
1.99	586 HK	CONCH VENTURE	BH7HM06	1.33	85,730	113,798.22
1.91	144 HK	CHINA MERCHANTS	6416139	1.48	73,581	109,129.24
1.88	601668 C1	CHINA STATE -A	BP3R2Q2	0.81	132,075	107,455.54
1.86	002352 C2	S F HOLDING CO LTD-A	BD73M39	6.92	15,435	106,752.53
1.58	316 HK	ORIENT OVERSEAS INTL LTD	6659116	13.02	6,930	90,219.98
1.49	656 HK	FOSUN INTERNATIONAL LTD	B1Z7FX0	0.65	130,370	85,195.56
1.46	2588 HK	BOC AVIATION LTD	BYZJV17	7.63	10,960	83,652.91
1.40	600406 C1	NARI TECHNOLOGY CO LTD-A	BP3R444	3.80	21,104	80,147.06
1.36	631 HK	SANY HEAVY EQUIPMENT INTL	B56HH42	1.34	58,200	77,997.66
1.34	753 HK	AIR CHINA LTD-H	B04KNF1	0.79	97,000	76,635.80
1.33	257 HK	EB ENVIRONMENT	6630940	0.39	193,550	76,087.48
1.32	300274 C2	SUNGROW POWER -A	BD5CGB4	16.13	4,700	75,832.84
1.32		CASH		1.00	75,645	75,644.80
1.31	1882 HK	HAITIAN INTL	B1L2RC2	2.26	33,246	75,192.14
1.25	300124 C2	SHENZHEN INOVA-A	BD5CMN8	8.48	8,430	71,460.69
1.22	694 HK	BEIJING CAP AI-H	6208422	0.71	98,981	70,115.52
1.20	601766 C1	CRRC CORP LTD-A	BP3R358	0.90	76,750	68,959.24
1.17	601390 C1	CHINA RAILWAY GROUP LTD-A	BP3R3D6	1.03	64,800	67,024.37
1.15	2357 HK	AVICHINA INDUS-H	6707899	0.50	131,710	65,730.18
1.13	177 HK	JIANGSU EXPRESS CO LTD-H	6005504	1.00	64,819	64,613.41
1.10	1199 HK	COSCO SHIPPING PORTS LTD	6354251	0.62	101,030	63,056.31
1.09	601919 C1	COSCO SHIPPING-A	BP3R552	1.55	40,210	62,470.75
1.09	152 HK	SHENZHEN INTL HOLDINGS	BJVBTY1	0.82	75,731	62,441.82
1.07	552 HK	CHINA COMM SER-H	B1HVJ16	0.49	125,800	61,496.26
1.07	300014 C2	EVE ENERGY CO LTD-A	BD5C7G6	9.34	6,530	61,009.13
1.01	1055 HK	CHINA SOUTHERN-H	6013693	0.59	97,850	58,074.18
1.01	600031 C1	SANY HEAVY IND-A	BP3R3H0	2.15	26,980	57,988.26
0.97	600150 C1	CHINA CSSC HOLDINGS LTD-A	BP3R4N3	3.94	14,110	55,542.38
0.96	576 HK	ZHEJIANG EXPRESSWAY CO-H	6990763	0.75	73,160	54,719.31
0.92	601669 C1	POWER CONSTRUC-A	BP3R4M2	0.96	54,750	52,755.96
0.89	601006 C1	DAQIN RAILWAY CO LTD -A	BP3R2N9	1.07	47,300	50,797.61
0.85	600893 C1	AECC AVIATION POWER CO-A	BP3R518	5.72	8,485	48,539.57
0.70	2128 HK	CHINA LESSO	BCDBKF8	0.70	57,390	39,921.06
0.69	600089 C1	TBEA CO LTD-A	BP3R4H7	3.21	12,250	39,311.49
0.63	000338 C2	WEICHAI POWER CO LTD-A	BD5CQ03	1.67	21,760	36,238.96
0.61	601868 C1	CHINA ENERGY E-A	BP2DDJ1	0.34	103,800	35,102.30
0.58	600039 C1	SICHUAN ROAD&BRIDGE CO LT	BP3RBG5	1.99	16,720	33,239.38
0.57	601100 C1	JIANGSU HENGLI-A	BP3RFJ6	7.82	4,158	32,511.40
0.56	600029 C1	CHINA SOUTHERN-A	BP3R6G0	0.89	35,960	32,157.12
0.56	000425 C2	XCMG CONSTRUCT-A	BD5CM27	0.84	37,820	31,893.94
0.55	601618 C1	METALLURGICAL-A	BP3R4K0	0.54	57,400	31,268.92
0.54	601111 C1	AIR CHINA LTD-A	BP3R4G6	1.25	24,560	30,650.48
0.46	600009 C1	SHANG INTL AIR-A	BP3R4P5	6.69	3,965	26,525.34
0.46	601877 C1	ZHEJIANG CHINT-A	BP3R5K7	3.77	6,950	26,217.14
0.45	601727 C1	SHANGHAI ELECT-A	BP3R3T2	0.62	40,900	25,521.27
0.43	600233 C1	YTO EXPRESS GR-A	BYW5QJ1	2.27	10,940	24,875.60
0.43	600115 C1	CHINA EAST AIR-A	BP3R5X0	0.67	36,800	24,577.07
0.41	600522 C1	ZHONGTIAN TECH-A	BP3R9T4	2.14	11,010	23,570.38
0.41	601117 C1	CHINA NATIONAL CHEMICAL-A	BP3R4J9	1.19	19,720	23,494.13
0.41	600875 C1	DONGFANG ELECT-A	BP3R604	2.58	8,990	23,214.69
0.40	605117 C1	NINGBO DEYE TE-A	BP91NG5	20.66	1,112	22,981.79
0.39	600018 C1	SH INTL PORT -A	BP3R2L7	0.74	30,130	22,381.99
0.38	002074 C2	GOTION HIGH-TECH CO LTD-A	BD5CJ71	3.89	5,620	21,852.11
0.35	000157 C2	ZOOMLION HEAVY-A	BD5CPZ1	0.87	23,100	20,199.51
0.35	300751 C2	SUZHOU MAXWELL-A	BL61W96	24.19	821	19,855.10
0.34	601615 C1	MING YANG SMAR-A	BK94864	2.61	7,350	19,198.15
0.33	603899 C1	SHANGHAI M&G S-A	BZ0D285	6.28	2,993	18,807.36
0.33	300763 C2	GINLONG TECHNO-A	BMQBTQ9	14.87	1,255	18,665.00
0.32	000786 C2	BEIJING NEW BU-A	BD5CJ26	3.31	5,520	18,253.16
0.31	002202 C2	XINJIANG GOLD-A	BD5CQ58	1.56	11,297	17,583.13
0.30	603606 C1	NINGBO ORIENT -A	BKM3FP6	7.36	2,300	16,922.77
0.29	002028 C2	SIEYUAN ELECTRIC CO LTD-A	BD5C7M2	6.56	2,550	16,730.83
0.28	002625 C2	KUANG-CHI TECH-A	BD5CBF3	2.27	7,040	15,967.85
0.28	002120 C2	YUNDA HOLDING CO LTD-A	BD6QV98	1.67	9,540	15,901.35
0.27	688187 C1	ZHUZHOU CRRC -A	BMYR710	6.35	2,428	15,421.93
0.27	600153 C1	XIAMEN C & D INC-A	BP3R6L5	1.55	9,900	15,352.75
0.26	603185 C1	HOYUAN GREEN ENERGY CO	BK94808	11.38	1,302	14,820.99
0.26	002372 C2	ZHEJIANG WEIXI-A	BD5LYB7	2.88	5,110	14,713.83
0.26	603568 C1	ZHEJIANG WEIMI-A	BYZW4G2	2.60	5,650	14,701.80
0.26	688063 C1	PYLON TECHNOLO-A	BQ3RX88	30.78	477	14,679.73
0.25	000738 C2	AECC AERO-ENGI-A	BD5CMK5	3.39	4,300	14,565.75
0.25	601880 C1	LIAONING PORT CO LTD-A	BP3RBC1	0.22	62,400	14,038.54
0.24	000009 C2	CHINA BAOAN GROUP-A	BD5CKD4	1.61	8,580	13,779.18
0.24	002531 C2	TITAN WIND-A	BD5LXS7	2.26	6,025	13,597.47
0.24	603885 C1	JUNEYAO AIRLINES CO LTD-A	BYQDMP9	2.23	6,100	13,594.11
0.23	688390 C1	GOODWE TECHNOL-A	BP91NV0	35.36	379	13,401.26
0.22	300207 C2	SUNWODA ELECTR-A	BD5CCV6	2.27	5,620	12,747.06
0.21	300073 C2	BEIJING EASPRI-A	BD760M3	7.22	1,700	12,270.00
0.21	000800 C2	FAW Jiefang Group Co., L	BD5CLN1	1.17	10,400	12,169.68
0.21	000519 C2	NORTH INDUSTRI-A	BD5CDR9	2.59	4,590	11,878.64
0.21	601866 C1	COSCO DEVELOPM-A	BP3R6D7	0.36	33,180	11,830.89
0.21	688005 C1	NINGBO RONBAY -A	BK71FC2	8.45	1,387	11,716.32
0.20	603338 C1	ZHEJIANG DINGL-A	BYZW440	6.79	1,723	11,707.06
0.20	603613 C1	BEIJING UNITED-A	BK71CY3	7.31	1,586	11,593.06
0.20	600516 C1	FANGDA CARBON-A	BP3R7V2	0.89	12,723	11,377.50
0.20	002518 C2	SHENZHEN KSTAR-A	BD5LVN8	5.64	2,000	11,279.96
0.20	603218 C1	RIYUE HEAVY IN-A	BMTCX56	3.24	3,470	11,243.60
0.19	600170 C1	SHANG CONSTR-A	BP3R6J3	0.37	29,900	11,042.11
0.19	002487 C2	DAJIN HEAVY IN-A	BQ3RQ89	5.01	2,200	11,019.61
0.19	600038 C1	AVICOPTER PLC-A	BP3R6T3	5.57	1,940	10,812.55
0.19	601636 C1	ZHUZHOU KIBING-A	BP3RFL8	1.18	8,980	10,584.29
0.18	002266 C2	ZHEFU HOLDING -A	BD5CFS4	0.58	18,170	10,515.22
0.18	300438 C2	GUANGZHOU GREA-A	BD76131	6.97	1,500	10,459.29
0.18	600499 C1	KEDA INDUSTRI-A	BP3R8B9	1.59	6,500	10,328.41
0.18	000155 C2	SICHUAN NEW ENER	BFY8G62	2.02	4,990	10,089.58
0.17	002176 C2	JIANGXI SPECIA-A	BD5CC72	1.74	5,700	9,928.26
0.17	002791 C2	GUANGDONG KINL-A	BD73MS4	9.09	1,054	9,583.45
0.15	300034 C2	GAONA AERO-A	BD5LWJ1	5.49	1,600	8,783.99
0.15	688006 C1	ZHEJIANG HANGK-A	BK71FG6	6.05	1,424	8,613.63
0.14	600885 C1	HONGFA TECHNOL-A	BYQDM93	4.39	1,830	8,037.35
0.11	300850 C2	LUOYANG XINQIA-A	BNR4ML0	5.58	1,137	6,341.87
0.04		HONG KONG DOLLAR		0.13	17,218	2,197.58
0.04		CURRENCY CONTRACT - USD		-0.13	-17,217	2,197.46
0.00		CURRENCY CONTRACT - USD		0.00	2,197	0.00

Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 05/26/23

Return on Equity	12.80%
Weighted Avg. Market Cap	14,177 M
	2022	2023
Price-to-earnings	7.21	8.27
Price-to-book value	1.10	1.02

Source: AltaVista Research, LLC

ETF Risk Stats As of 04/30/23

Versus	Beta
S&P 500	0.44
NASDAQ-100	0.36
MSCI EAFE	0.64
MSCI Emg. Mkts	0.97
Standard Deviation	21.90%

Source: AltaVista Research, LLC

ETF Research

China Sector Analysis: Energy

View More Related Research

ETF Documents

Latest Premium / Discount As of 05/26/23

NAV	$12.46
Market Price	$12.43
Premium / (Discount)	($0.03)

Current View 2023 Q2 As of 05/26/23

Days at Premium	9
Days at NAV	0
Days at Discount	30
Greatest Premium	0.42%
Greatest Discount	-1.03%

Daily Premium / Discount History As of 05/26/23

Hover over the chart points for details

View Chart Explanation

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How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Read MoreExchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales load. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

As of 04/30, CHII was rated against the following number of China Region funds over the following time periods: 103 during the last 3 years, 80 during the last 5 years, 53 during the last 10 years. With respect to these China Region funds, CHII received a Morningstar Rating of 4, 4, and 3 stars, respectively. Past performance is not indicative of future results.

© 2022 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Securities focusing on a single country and narrowly focused investments may be subject to higher volatility. CHII is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by MSCI, nor does MSCI make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with MSCI.