MSCI China Energy ETF

Morningstar Rating™ - Overall rating out of 102 China Region funds, based on risk-adjusted returns as of 08/31/2023

Reasons to Consider CHIE

Targeted Exposure

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

ETF Efficiency

In a single trade, CHIE delivers access to dozens of energy 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 09/22/23

Inception Date 12/15/09
Total Expense Ratio 0.66%
Net Assets $5.38 million
NAV $15.82
Fact Sheet View the document

ETF Summary

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

ETF Objective

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

Trading Details As of 09/21/23

Ticker CHIE
Bloomberg Index Ticker NU722195
CUSIP 37950E507
ISIN US37950E5078
Primary Exchange NYSE Arca
Shares Outstanding 340,000
Number of Holdings 27
30-Day Median Bid-Ask Spread 0.64%

Distributions As of 09/22/23

30-Day SEC Yield 7.09%
Distribution Frequency Semi-Annually

ETF Prices As of 09/22/23

NAV $15.82 Daily Change $0.10 0.64%
Market Price $15.85 Daily Change $0.16 1.02%

Performance History

As of recent
As of recent
Fund NAV Market Price Index
1 Year 4.18% 4.10% 4.80%
3 Years 27.20% 27.27% 28.50%
5 Years 7.23% 7.28% 8.31%
10 Years 4.30% 4.46% 5.25%
Since Inception 2.56% 2.58% 3.46%
1 Year -3.77% -3.08% -3.07%
3 Years 24.06% 24.04% 25.31%
5 Years 7.23% 7.14% 8.32%
10 Years 3.87% 3.96% 4.80%
Since Inception 2.57% 2.59% 3.47%
Year-to-Date 3.82% 4.26% 4.10%
1 Month 3.75% 4.12% 3.73%
3 Months -4.11% -3.72% -3.97%
Since Inception 40.89% 41.17% 58.61%
Year-to-Date 4.33% 4.92% 4.78%
1 Month -3.09% -3.34% -3.07%
3 Months 4.26% 4.77% 4.40%
Since Inception 41.57% 42.06% 59.64%

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 09/22/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.03 1088 HK CHINA SHENHUA ENERGY CO-H B09N7M0 3.22 150,955 485,432.40
8.27 1171 HK YANKUANG ENRGY-H 6109893 1.89 235,613 444,659.89
8.16 386 HK SINOPEC CORP-H 6291819 0.57 776,297 438,726.07
8.12 857 HK PETROCHINA CO LTD-H 6226576 0.74 587,363 436,340.96
4.84 1138 HK COSCO SHIP ENG-H 6782045 1.10 237,400 260,138.60
4.65 601225 C1 SHAANXI COAL I-A BS7K5P8 2.57 97,386 249,863.41
4.47 1898 HK CHINA COAL ENERGY CO-H B1JNK84 0.78 309,400 240,528.84
4.07 2883 HK CHINA OILFIELD SERVICES-H 6560995 1.18 185,486 218,905.21
4.03 900948 CH INNER MONGOLIA-B 6019011 1.39 155,694 216,726.05
3.55 1164 HK CGN MINING CO LTD B755514 0.15 1,266,300 191,056.53
3.51 934 HK SINOPEC KANTONS HOLDINGS 6162692 0.43 442,900 188,578.94
3.31 000983 C2 Shanxi Coking Coal BD5CKB2 1.36 130,553 178,036.98
3.24 601699 C1 SHANXI LU'AN -A BP3R682 2.62 66,365 174,002.05
3.09 600026 C1 COSCO SHIPPING-A BP3R9Y9 1.92 86,400 166,020.63
3.06 601872 C1 CHINA MERCHANTS ENERGY -A BP3R8G4 0.92 178,300 164,706.80
3.01 002353 C2 YANTAI JEREH OILFIELD-A BD5CMC7 4.34 37,310 161,742.72
2.97 600256 C1 GUANGHUI ENERGY CO LTD-A BP3R3N6 1.05 152,450 159,841.36
2.73 600583 C1 OFFSHORE OIL-A BP3R455 0.87 167,775 146,706.12
2.70 002128 C2 INNER MONGOLIA-A BD5CG92 1.88 77,000 145,108.79
2.63 600348 C1 SHAN XI HUA YA-A BP3R790 1.16 122,100 141,407.57
2.44 600188 C1 YANKUANG ENRGY-A BP3R5S5 2.82 46,406 131,084.83
2.43 000937 C2 JIZHONG ENERGY-A BD5CJ93 0.92 142,300 130,866.27
2.39 1277 HK KINETIC DEVELOPM B79ZNS3 0.07 1,967,500 128,300.45
1.90 650 HK PRODUCTIVE TECHN BYV2983 0.05 1,905,000 102,302.80
0.62 OTHER PAYABLE & RECEIVABLES 1.00 33,206 33,206.01
0.27 601088 C1 CHINA SHENHUA ENERGY CO-A BP3R262 4.28 3,400 14,562.28
0.25 601857 C1 PETROCHINA CO LTD-A BP3R206 1.11 12,100 13,449.51
0.24 600028 C1 CHINA PETROLEU-A BP3R240 0.86 15,150 12,956.79
0.02 CHINESE YUAN RENMINBI 0.14 8,351 1,144.53
0.01 CASH 1.00 745 745.44
0.00 HONG KONG DOLLAR 0.00 0 0.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 08/31/23

Industry Weight (%)
Coal 44.0
Integrated Oil 25.2
Marine Shipping 7.4
Oilfield Services/Equipment 6.9
Contract Drilling 5.2
Oil & Gas Pipelines 4.3
Other Metals/Minerals 3.7
Construction Materials 3.4

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 09/21/23

Return on Equity 15.30%
Weighted Avg. Market Cap 4,379 M
2022 2023
Price-to-earnings 6.53 6.68
Price-to-book value 1.07 0.98

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 08/31/23

Versus Beta
S&P 500 0.34
NASDAQ-100 0.15
MSCI Emg. Mkts 0.71
Standard Deviation 24.60%

Source: new windowAltaVista Research, LLC

ETF Research

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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. 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 08/31, CHIE was rated against the following numbers of China Region funds over the following time periods: 102 during the last 3 years, 81 during the last 5 years, 57 during the last 10 years. With respect to these China Region funds, CHIE received a Morningstar Rating of 5, 5, and 4 stars, respectively. Past performance is not indicative of future results.

© 2023 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. CHIE 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.