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 01/21/21

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 $599,840,389
Net Asset Value (NAV) $39.46
Shares Outstanding 15,200,000
Total Expense Ratio 0.65%

Distributions

30-Day SEC Yield -0.14%
Distribution Frequency Semi-Annually

Fund Prices As of 01/21/21

NAV $39.46 Daily Change $0.20 0.51%
Market Price $39.60 Daily Change $0.17 0.43%
30-Day Median Bid-Ask Spread 0.11%

Performance History

Cumulative %

Data as of month-end (12/31/20)

Fund NAV Market Price Index
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%
6 Months 70.88% 70.51% 71.35%
Since Inception 169.31% 167.68% 187.88%

Avg Annualized %

Data as of month-end (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%

Avg Annualized %

Data as of quarter-end (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%

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.

Fund Characteristics As of 01/21/21

Return on Equity 6.20%
Weighted Avg. Market Cap 100,516 M
2019 2020
Price-to-earnings 43.66 39.44
Price-to-book value 2.49 2.38

Source: AltaVista Research, LLC

Fund Risk Stats As of 01/21/21

Versus Beta
S&P 500 0.98
MSCI EAFE 0.99
MSCI Emg. Mkts 0.97
Standard Deviation 27.00%

Source: AltaVista Research, LLC

Top 10 Holdings As of 01/22/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
10.64 3690 HK MEITUAN-CLASS B BGJW376 49.04 1,305,800 64,039,362.79
7.74 BABA ALIBABA GRP-ADR BP41ZD1 258.62 180,085 46,573,582.70
7.73 NIO NIO INC - ADR BFZX9H8 61.95 751,493 46,554,991.35
7.16 JD JD.COM INC-ADR BMM27D9 94.91 454,009 43,089,994.19
5.91 PDD PINDUODUO INC-ADR BYVW0F7 171.89 206,881 35,560,775.09
3.51 175 HK GEELY AUTOMOBILE 6531827 4.13 5,121,100 21,138,368.27
3.30 TAL TAL EDUCATION GROUP- ADR B4MGD82 76.00 261,192 19,850,592.00
3.13 EDU NEW ORIENTAL-ADR B1CN1G6 169.11 111,435 18,844,772.85
3.09 1211 HK BYD CO LTD-H 6536651 32.84 566,750 18,612,647.53
2.97 YUMC YUM CHINA HOLDINGS INC BYW4289 58.72 304,774 17,896,329.28
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.