CHIQ


MSCI China Consumer Discretionary ETF

Fund Summary

The Global X MSCI China Consumer Discretionary ETF (CHIQ) 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 (GICS).

Morningstar Rating Overall rating out of 79 China Region funds, based on risk-adjusted returns as of 12/31/2020

Fund Objective

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.

Why CHIQ?

Targeted Exposure

CHIQ is a targeted play on the Consumer Discretionary Sector in China – the world's second largest economy by GDP.

ETF Efficiency

In a single trade, CHIQ delivers access to dozens of consumer discretionary 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.

Fund Details As of 02/23/21

Key Facts

Ticker CHIQ
Inception Date 11/30/09
CUSIP 37950E408
ISIN US37950E4089
Bloomberg Index Ticker NU722069
Primary Exchange NYSE Arca
Number of Holdings 75

Stats & Fees

Net Assets $821,211,277
Net Asset Value (NAV) $39.58
Shares Outstanding 20,750,000
Total Expense Ratio 0.65%

Distributions

30-Day SEC Yield -0.22%
Distribution Frequency Semi-Annually

Fund Prices As of 02/23/21

NAV $39.58 Daily Change -$0.49 -1.22%
Market Price $39.48 Daily Change -$0.52 -1.30%
30-Day Median Bid-Ask Spread 0.09%

Performance History

As of recent
(12/31/20)
As of recent
(12/31/20)
Fund NAV Market Price Index
1 Year 93.43% 92.19% 94.55%
3 Years 25.99% 25.59% 26.79%
5 Years 25.48% 25.52% 26.32%
10 Years 8.74% 8.65% 9.48%
Since Inception 9.35% 9.29% 10.00%
1 Year 116.99% 118.87% 115.87%
3 Years 25.89% 26.01% 26.68%
5 Years 31.09% 31.24% 31.97%
10 Years 9.67% 9.70% 10.34%
Since Inception 9.81% 9.85% 10.46%
Year-to-Date 93.43% 92.19% 94.55%
1 Month 5.83% 4.19% 5.80%
3 Months 31.30% 29.61% 31.44%
Since Inception 169.31% 167.68% 187.88%
Year-to-Date 5.59% 6.63% 5.64%
1 Month 5.59% 6.63% 5.64%
3 Months 28.47% 28.65% 28.57%
Since Inception 184.35% 185.44% 204.11%

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

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 of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Fund Characteristics As of 02/23/21

Return on Equity 8.10%
Weighted Avg. Market Cap 113,277 M
2020 2021
Price-to-earnings 37.87 26.51
Price-to-book value 2.21 2.09

Source: AltaVista Research, LLC

Fund Risk Stats As of 02/23/21

Versus Beta
S&P 500 0.97
MSCI EAFE 0.99
MSCI Emg. Mkts 1.00
Standard Deviation 27.00%

Source: AltaVista Research, LLC

Top Holdings As of 02/23/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
10.92 3690 HK MEITUAN-CLASS B BGJW376 50.66 1,786,860 90,521,764.83
7.51 BABA ALIBABA GRP-ADR BP41ZD1 252.75 246,238 62,236,654.50
7.45 JD JD.COM INC-ADR BMM27D9 99.47 620,717 61,742,719.99
6.41 PDD PINDUODUO INC-ADR BYVW0F7 187.91 282,776 53,136,438.16
6.09 NIO NIO INC - ADR BFZX9H8 49.11 1,027,419 50,456,547.09
3.60 TAL TAL EDUCATION GROUP- ADR B4MGD82 83.66 356,523 29,826,714.18
3.35 EDU NEW ORIENTAL-ADR B1CN1G6 182.56 152,106 27,768,471.36
3.33 1211 HK BYD CO LTD-H 6536651 29.10 949,000 27,611,901.41
3.02 YUMC YUM CHINA HOLDINGS INC BYW4289 60.12 415,808 24,998,376.96
2.99 175 HK GEELY AUTOMOBILE 6531827 3.55 6,982,300 24,764,080.37
2.88 VIPS VIPSHOP HOLDINGS B3N0H17 36.42 656,086 23,894,652.12
2.87 2313 HK SHENZHOU INTL GP B0MP1B0 22.69 1,049,882 23,817,563.72
2.83 TCOM TRIP.COM GROUP LTD-ADR BK1K3N2 40.91 574,066 23,485,040.06
2.81 2020 HK ANTA SPORTS PRODUCTS LTD B1YVKN8 17.29 1,345,396 23,268,581.92
2.13 2331 HK LI NING CO LTD B01JCK9 6.11 2,889,900 17,666,566.93
2.09 2333 HK GREAT WALL MOT-H 6718255 3.04 5,715,297 17,358,840.86
2.01 HTHT HUAZHU GROUP LTD-ADR BFMFKK7 57.24 291,542 16,687,864.08
2.00 GSX GSX TECHEDU INC- ADR BK1VBN1 97.51 169,758 16,553,102.58
1.89 6862 HK HAIDILAO INTERNA BGN9715 8.96 1,748,900 15,664,921.91
1.64 601888 C1 CHINA TOURISM-A BP3R466 51.49 264,370 13,612,521.93
1.44 XPEV XPENG INC - ADR BMXR2T4 37.91 314,363 11,917,501.33
1.28 6690 HK HAIER SMART HOME CO LTD H BLD4QD0 4.26 2,487,760 10,587,987.67
1.15 6618 HK JD HEALTH INTERN BMW8R04 20.04 476,840 9,556,848.47
1.13 002594 C2 BYD CO LTD -A BD5CQ69 34.81 268,169 9,335,988.21
1.06 3606 HK FUYAO GLASS IN-H BWGCFG4 6.68 1,317,000 8,798,457.51
1.00 881 HK ZHONGSHENG GROUP HOLDINGS B633D97 6.58 1,263,200 8,308,704.23
0.89 BZUN BAOZUN INC-SPN ADR BY2ZJ69 48.91 150,484 7,360,172.44
0.85 1114 HK BRILLIANCE CHINA 6181482 0.90 7,868,300 7,083,164.68
0.84 425 HK MINTH GROUP LTD B0RJCG9 4.69 1,485,800 6,965,555.80
0.81 493 HK GOME RETAIL HOLDINGS LTD B01Z8S7 0.26 25,354,500 6,670,773.95
0.80 1585 HK YADEA GROUP HOLDINGS LTD BZ04KX9 2.43 2,741,900 6,669,362.24
0.80 2238 HK GUANGZHOU AUTO-H B433995 0.99 6,710,123 6,663,650.53
0.78 489 HK DONGFENG MOTOR-H B0PH5N3 1.00 6,501,946 6,498,843.33
0.66 1268 HK CHINA MEIDONG AU BH0VXF7 3.75 1,466,200 5,502,717.41
0.61 780 HK TONGCHENG-ELONG BGM5R25 2.24 2,250,400 5,044,295.24
0.60 6110 HK TOPSPORTS INTERN BJRFW26 1.53 3,244,300 4,970,824.77
0.56 600690 C1 HAIER SMART HOME CO LTD-A BP3R3G9 4.72 983,919 4,640,272.80
0.50 600104 C1 SAIC MOTOR CORP LTD-A BP3R2D9 3.38 1,222,000 4,135,130.24
0.48 839 HK CHINA EDUCATION BF13433 2.00 1,983,900 3,960,789.30
0.44 3998 HK BOSIDENG INTL HLDGS LTD B24FZ32 0.43 8,431,500 3,631,970.54
0.41 667 HK CHINA EAST EDUCA BJGSS62 2.37 1,433,800 3,398,795.93
0.36 000100 C2 TCL TECHNOLOGY-A BD5CP28 1.40 2,124,305 2,968,067.86
0.32 6169 HK CHINA YUHUA EDUC BYWPGC4 0.86 3,067,700 2,638,941.28
0.30 600660 C1 FUYAO GLASS-A BP3R6K4 8.03 311,814 2,503,022.66
0.25 1797 HK KOOLEARN TECHNOL BDFZ4G4 3.16 647,600 2,046,274.68
0.24 600741 C1 HUAYU AUTOM-A BP3R4T9 4.02 498,780 2,006,557.38
0.23 601633 C1 GREAT WALL MOTOR CO LTD-A BP3R325 5.49 346,700 1,903,297.41
0.23 000625 C2 CHONGQING CHAN-A BD5CP62 2.69 706,083 1,900,965.38
0.19 000069 C2 SHENZHEN OVERS-A BD5CP51 1.24 1,292,300 1,607,639.24
0.19 002024 C2 SUNING.COM CO LTD-A BD5CPK6 1.09 1,467,100 1,593,551.24
0.18 601966 C1 SHANDONG LINGL-A BYW5N12 7.50 200,234 1,502,618.62
0.17 603833 C1 OPPEIN HOME GROUP INC-A BFF1YZ5 23.63 60,666 1,433,260.59
0.17 002607 C2 OFFCN EDUCATIO-A BHQPRN9 5.54 256,802 1,423,289.31
0.16 601799 C1 CHANGZHOU XING-A BS7K3D2 30.87 43,010 1,327,643.72
0.15 002625 C2 KUANG-CHI TECH-A BD5CBF3 3.73 337,300 1,259,339.62
0.15 300144 C2 SONGCHENG PERF-A BD5CMV6 3.03 413,080 1,250,818.22
0.14 603816 C1 JASON FURNITUR-A BYW5R09 11.91 95,500 1,137,497.58
0.13 600754 C1 SHANGHAI JINJI-A BP3RD03 8.60 125,656 1,081,003.81
0.13 601689 C1 NINGBO TUOPU G-A BYQDMF9 6.29 165,735 1,042,935.88
0.12 002032 C2 ZHEJIANG SUPOR CO LTD -A BD5M227 12.18 79,726 970,708.26
0.11 002508 C2 HANGZHOU ROBAM-A BD5CGX6 5.93 153,632 910,911.93
0.10 000800 C2 FAW Jiefang Group Co., L BD5CLN1 1.81 478,300 865,135.43
0.10 600655 C1 SHANGHAI YUYUA-A BP3R8V9 1.65 504,628 830,772.62
0.10 600739 C1 LIAONING CHENG-A BP3R5Z2 3.60 227,200 818,038.82
0.10 002405 C2 NAVINFO CO LTD-A BD5CKR8 2.69 303,200 814,888.56
0.09 600699 C1 NINGBO JOYSON -A BYQDM82 3.54 212,900 754,692.36
0.09 002925 C2 XIAMEN INTRETECH INC-A BDC41P2 9.89 74,600 737,579.59
0.09 002705 C2 GUANGDONG XINB-A BHRV3N8 7.30 100,900 736,108.90
0.08 CASH -0.24 -2,870,209 696,739.29
0.08 002429 C2 SHENZHEN MTC CO LTD -A BD5CFV7 0.95 707,400 670,957.07
0.07 600859 C1 WANGFUJING GROUP CO LTD-A BP3RC28 4.88 122,200 596,162.12
0.07 002242 C2 JOYOUNG CO LTD -A BD5CCS3 4.75 121,100 575,805.63
0.06 600704 C1 WUCHAN ZHONGDA-A BP3RFD0 0.72 702,900 504,638.90
0.06 002563 C2 ZHEJIANG SEMIR-A BD5CM83 1.47 311,787 459,265.85
0.05 000581 C2 WEIFU HIGH-TEC-A BD5CJP9 3.73 119,400 445,051.56
0.04 002572 C2 SUOFEIYA HOME-A BD5CFM8 5.23 63,300 331,340.80
Holdings are subject to change.


© 2020 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.

The Morningstar Ratingfor 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. Exchange-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 12/31, CHIQ was rated against the following numbers of China Region funds over the following time periods: 79 during the last 3 years, 70 during the last 5 years, 50 during the last 10 years. With respect to these China Region funds, CHIQ received a Morningstar Rating of 5, 5, and 3 stars, respectively. Past performance is not indicative 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. CHIQ 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.