MSCI China Communication Services ETF

Reasons to Consider CHIC

Targeted Exposure

CHIC is a targeted play on the Communication Services Sector in China – the world's second largest economy by GDP.

ETF Efficiency

In a single trade, CHIC delivers access to dozens of communication services 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 02/02/23

Inception Date 12/08/09
Total Expense Ratio 0.65%
Net Assets $8.26 million
NAV $17.21
Fact Sheet

ETF Summary

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

ETF Objective

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

Trading Details As of 02/02/23

Ticker CHIC
Bloomberg Index Ticker NU722121
CUSIP 37950E804
ISIN US37950E8049
Primary Exchange NYSE Arca
Shares Outstanding 480,000
Number of Holdings 25
30-Day Median Bid-Ask Spread 0.50%

Distributions As of 02/02/23

30-Day SEC Yield 0.44%
Distribution Frequency Semi-Annually

ETF Prices As of 02/02/23

NAV $17.21 Daily Change $0.15 0.88%
Market Price $17.07 Daily Change $0.02 0.12%

Performance History

As of recent
As of recent
Fund NAV Market Price Index
1 Year -25.78% -26.40% -25.23%
3 Years -15.01% -15.12% -14.64%
5 Years -13.31% -13.56% -12.86%
10 Years 1.46% 1.30% 2.31%
Since Inception 0.89% 0.82% 1.62%
1 Year -12.16% -13.31% -11.49%
3 Years -10.51% -10.39% -11.00%
5 Years -12.20% -12.30% -11.73%
10 Years 2.18% 2.18% 3.04%
Since Inception 1.83% 1.83% 2.56%
Year-to-Date -25.78% -26.40% -25.23%
1 Month 13.67% 10.68% 13.74%
3 Months 20.75% 20.81% 20.95%
Since Inception 12.30% 11.21% 23.36%
Year-to-Date 13.03% 14.14% 13.12%
1 Month 13.03% 14.14% 13.12%
3 Months 70.28% 70.71% 70.65%
Since Inception 26.93% 26.93% 39.54%

The Hybrid China Technology Index (noted as “Index” above in the chart) consists of the Solactive China Technology Index from the inception of the Fund through December 13, 2011, and the NASDAQ OMX China Technology Index from December 14, 2011 through December 4, 2018. As of December 6, 2018, the Fund name, investment objective, and investment strategies changed. Index performance from that point on reflects the performance of the MSCI China Communication Services 10/50 Index. The Fund name was changed from the NASDAQ China Technology ETF (QQQC) to the MSCI China Communication Services ETF (CHIC).

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.

Top Holdings As of 02/02/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
10.16 9888 HK BAIDU INC-CLASS A B0J2D41 19.32 43,458 839,529.86
8.93 IQ IQIYI INC-ADR BYWT1W1 7.55 97,754 738,042.70
8.34 9999 HK NETEASE INC BM93SF4 18.17 37,915 688,937.31
8.22 700 HK TENCENT HOLDINGS LTD BMMV2K8 48.84 13,915 679,572.45
6.53 1024 HK KUAISHOU TECHNOLOGY BLC90T0 9.03 59,700 539,346.62
5.02 9626 HK BILIBILI INC-CLASS Z BLF8533 25.66 16,169 414,825.00
4.59 WB WEIBO CORP-SPON ADR BLLJ4H7 25.44 14,892 378,852.48
4.52 BZ KANZHUN LTD - ADR BM91SH0 23.98 15,579 373,584.42
4.26 600050 C1 CHINA UNITED NETWORK-A BP3R2X9 0.77 455,700 351,999.05
4.07 3888 HK KINGSOFT CORP LTD B27WRM3 4.09 82,100 336,048.51
3.89 788 HK CHINA TOWER CORP LTD-H BFZ2PK0 0.12 2,709,700 321,334.93
3.88 136 HK China Ruyi BMDMJ87 0.27 1,198,300 320,877.03
3.70 ATHM AUTOHOME INC-ADR BH5QGR0 36.99 8,255 305,352.45
3.49 YY JOYY INC-ADR BL3N3C5 36.92 7,807 288,234.44
3.25 300413 C2 MANGO-A BD5CDT1 4.95 54,220 268,363.61
3.14 002027 C2 FOCUS MEDIA IN-A BD5CND5 1.01 256,000 259,728.61
2.98 002555 C2 37 INTERACTIV-A BD5CMH2 3.15 77,951 245,827.69
2.69 603444 C1 G-BITS NETWORK-A BYZQW37 52.12 4,264 222,227.50
2.67 002624 C2 PERFECT WORLD CO LTD-A BD5M1C0 2.14 103,110 220,557.79
2.57 002602 C2 ZHEJIANG CENTU-A BD5CG58 0.62 343,620 212,339.55
2.53 300251 C2 BEIJING ENLIGH-A BD5CN79 1.21 172,200 208,984.62
0.39 3690 HK MEITUAN-CLASS B BGJW376 22.52 1,422 32,010.42
0.08 CASH 1.00 6,341 6,341.40
0.06 772 HK CHINA LITERATURE LTD BYP71J9 5.29 1,000 5,291.78
0.06 TME TENCENT MUSI-ADR BFZYWR2 8.89 534 4,747.26
0.00 1236 HK NATIONAL AGRICULTURAL HOL BKWNZJ0 0.00 204,200 2.60
0.00 HONG KONG DOLLAR 0.00 0 0.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 02/02/23

Return on Equity 9.00%
Weighted Avg. Market Cap 64,764 M
2022 2023
Price-to-earnings 44.43 25.04
Price-to-book value 2.33 2.19

Source: AltaVista Research, LLC

ETF Risk Stats As of 01/31/23

Versus Beta
S&P 500 0.29
MSCI Emg. Mkts 1.32
Standard Deviation 35.60%

Source: AltaVista Research, LLC

ETF Research

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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. Investments in securities in the Technology sector are subject to rapid changes in technology product cycles; rapid product obsolescence; government regulation; and increased competition, both domestically and internationally, including competition from foreign competitors with lower production costs. Technology companies and companies that rely heavily on technology tend to be more volatile than the overall market, and are also heavily dependent on patent and intellectual property rights. Securities focusing on a single country and narrowly focused investments may be subject to higher volatility. CHIC 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.

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