CHIS

MSCI China Consumer Staples ETF

Morningstar Rating™ - Overall rating out of 91 China Region funds, based on risk-adjusted returns as of 07/31/2022

Overview Prices & Performance Holdings & Characteristics Research Documents

Reasons to Consider CHIS

Targeted Exposure

CHIS is a targeted play on the Consumer Staples Sector in China – the world’s second largest economy by GDP.

ETF Efficiency

In a single trade, CHIS delivers access to dozens of consumer staples 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 08/05/22

Inception Date	12/07/18
Total Expense Ratio	0.65%
Net Assets	$24.17 million
NAV	$23.46
Fact Sheet

ETF Summary

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

ETF Objective

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

Trading Details As of 08/05/22

Ticker	CHIS
Bloomberg Index Ticker	NU722070
CUSIP	37954Y558
ISIN	US37954Y5583
Primary Exchange	NYSE Arca
Shares Outstanding	1,030,002
Number of Holdings	56
30-Day Median Bid-Ask Spread	1.99%

Distributions As of 08/05/22

30-Day SEC Yield	0.58%
Distribution Frequency	Semi-Annually

ETF Prices As of 08/05/22

NAV	$23.46	Daily Change	$0.14	0.60%
Market Price	$23.37	Daily Change	$0.10	0.43%

As of recent (06/30/22) As of recent (06/30/22)	Fund NAV	Market Price	Index
1 Year	-17.21%	-15.62%	-16.64%
3 Years	11.50%	11.62%	12.20%
Since Inception	19.18%	19.59%	19.95%
1 Year	-9.08%	-9.60%	-8.36%
3 Years	8.45%	9.81%	9.11%
Since Inception	16.08%	15.84%	16.85%
Year-to-Date	-10.03%	-7.44%	-9.74%
1 Month	10.26%	11.60%	10.28%
3 Months	11.65%	14.61%	11.83%
Since Inception	86.89%	89.18%	91.23%
Year-to-Date	-17.05%	-16.33%	-16.67%
1 Month	-7.80%	-9.61%	-7.68%
3 Months	4.21%	5.37%	4.41%
Since Inception	72.31%	71.00%	76.53%

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 ($)	Shares Held	Market Value ($)
9.19	291 HK	CHINA RESOURCES	6972459	6.96	318,850	2,219,778.79
9.07	600519 C1	KWEICHOW MOUTAI CO LTD-A	BP3R2F1	284.51	7,700	2,190,715.13
8.51	9633 HK	NONGFU SPRING CO LTD-H	BMGWW30	5.94	345,900	2,055,584.43
7.52	2319 HK	CHINA MENGNIU DAIRY CO	B01B1L9	4.44	409,400	1,817,538.97
5.26	000858 C2	WULIANGYE YIBIN CO LTD-A	BD5CPG2	26.50	47,998	1,271,779.49
5.09	168 HK	TSINGTAO BREWERY CO LTD-H	6905808	9.77	125,800	1,229,161.97
3.48	151 HK	WANT WANT CHINA	B2Q14Z3	0.81	1,037,600	841,981.41
3.44	6969 HK	SMOORE INTERNATI	BKWGSQ7	2.29	362,600	831,444.79
2.84	322 HK	TINGYI	6903556	1.61	425,800	686,708.58
2.83	1044 HK	HENGAN INTL GROUP CO LTD	6136233	4.78	143,080	683,507.54
2.70	000568 C2	LUZHOU LAOJIAO CO LTD-A	BD5CMM7	33.34	19,547	651,759.37
2.69	600809 C1	SHANXI XINGHUA-A	BP3R820	40.74	15,978	651,014.19
2.62	6186 HK	CHINA FEIHE LTD	BK0SBL1	0.88	721,500	632,350.52
2.56	603288 C1	FOSHAN HAITIAN-A	BTFRHX0	12.30	50,312	619,004.85
2.53	002714 C2	MUYUAN FOODS CO LTD-A	BD5CJX7	8.64	70,864	612,085.39
2.14	002304 C2	JIANGSU YANGHE BREWERY -A	BD5CPF1	24.97	20,694	516,676.77
1.97	600887 C1	INNER MONG YIL-A	BP3R2V7	5.38	88,629	476,539.46
1.96	600438 C1	TONGWEI CO LTD-A	BP3RCK6	7.52	63,100	474,295.07
1.77	200596 CH	ANHUI GUJINGD-B	6026691	15.59	27,500	428,617.38
1.49	300498 C2	WENS FOODSTUFFS	BD5CPT5	3.42	105,144	360,099.23
1.32	220 HK	UNI-PRESIDENT CH	B29MKF5	0.94	339,600	318,404.07
1.26	1579 HK	YIHAI INTERNATIO	BD9GZX7	2.88	105,840	304,713.28
1.07	3799 HK	DALI FOODS GROUP CO LTD	BYQ9796	0.47	556,000	259,232.22
1.04	000596 C2	ANHUI GUJINGD-A	BD5M1G4	37.43	6,726	251,737.64
1.04	3331 HK	VINDA INTL HLDGS	B1Z7648	2.72	92,500	251,578.04
1.03	002311 C2	GUANGDONG HAID GROUP CO-A	BD5CJ60	8.99	27,691	248,966.76
0.84	000895 C2	HENAN SHUAN-A	BD5CP84	3.95	51,340	202,705.84
0.81	000876 C2	NEW HOPE LIUHE CO LTD-A	BD5CNF7	2.26	85,950	194,589.86
0.72	RLX	RLX TECHNOLOGY INC-ADR	BMBKL76	1.57	111,241	174,648.37
0.72	600600 C1	TSINGTAO BREWERY CO LTD-A	BP3R499	15.24	11,450	174,465.87
0.66	600132 C1	CHONGQING BREWERY CO-A	BP3RCZ1	18.26	8,772	160,187.84
0.62	603369 C1	JIANGSU KING'S-A	BTFRHZ2	6.98	21,600	150,699.16
0.62	300999 C2	YIHAI KERRY AR-A	BMQBTV4	7.12	21,000	149,525.32
0.52	300957 C2	YUNNAN BOTANEE-A	BP91N43	28.39	4,400	124,932.57
0.48	000799 C2	JIUGUI LIQUOR CO LTD-A	BD73KS0	22.30	5,200	115,951.14
0.47	603605 C1	PROYA COSMETICS CO LTD-A	BKM3FN4	25.84	4,372	112,978.68
0.45	002385 C2	BEIJING DABEIN-A	BD5CMP0	1.06	102,900	109,254.41
0.44	603345 C1	ANJOY FOODS GR-A	BMXWM11	21.52	4,900	105,428.55
0.42	603939 C1	YIFENG PHARMA-A	BYYFJV2	7.78	13,030	101,312.76
0.41	600298 C1	ANGEL YEAST CO LTD-A	BP3RH12	6.97	14,254	99,342.10
0.40	603233 C1	DASHENLIN PHAR-A	BFB4S78	4.82	20,048	96,557.93
0.39	600779 C1	SICHUAN SWELLFUN CO LTD-A	BFB4JK8	10.47	9,068	94,912.02
0.38	600872 C1	JONJEE HIGH-TE-A	BP3RB10	5.12	18,000	92,150.72
0.37	603198 C1	ANHUI YINGJIA -A	BYV1VH3	8.26	10,900	90,054.27
0.36	603517 C1	JUEWEI FOOD CO LTD-A	BFF1YN3	7.85	11,000	86,390.93
0.35	603589 C1	ANHUI KOUZI DI-A	BYQDNL2	7.65	11,100	84,861.88
0.35	002568 C2	SHANGHAI BAIRU-A	BD5CLV9	4.07	20,664	84,001.74
0.34	300146 C2	BY-HEALTH CO LTD-A	BD5CKV2	2.70	30,500	82,356.86
0.34	002507 C2	CHONGQING FULING ZHACAI-A	BFCCQ99	4.82	16,800	81,038.68
0.31	002557 C2	CHACHA FOOD CO LTD-A	BD5LW57	7.84	9,600	75,282.15
0.31	002299 C2	FUJIAN SUNNER-A	BD5CHS8	2.83	26,300	74,516.15
0.28	600598 C1	HEILONGJIANG-A	BFF5BX4	2.07	32,800	67,856.38
0.27	603866 C1	TOLY BREAD CO LTD-A	BYYFJT0	2.15	29,770	64,141.27
0.26	000860 C2	BEIJING SHUNX-A	BD5C9L5	3.34	18,630	62,234.07
0.25	000998 C2	YUAN LONGPING-A	BD5CK34	2.24	27,200	60,816.28
0.25	002157 C2	JIANGXI ZHENGBANG TECH -A	BD5LZ81	0.85	69,900	59,125.16
0.20		CASH		0.84	58,353	49,081.14

Holdings are subject to change.

ETF Characteristics As of 08/05/22

Return on Equity	18.40%
Weighted Avg. Market Cap	57,698 M
	2021	2022
Price-to-earnings	31.58	26.95
Price-to-book value	5.17	4.75

Source: AltaVista Research, LLC

ETF Risk Stats As of 07/31/22

Versus	Beta
S&P 500	0.02
MSCI EAFE	0.13
MSCI Emg. Mkts	0.52
Standard Deviation	25.20%

Source: AltaVista Research, LLC

ETF Research

China Sector Report: Q1 2022

China Sector Analysis: Consumer Staples

Q&A with MSCI on China Sectors

View More Related Research

ETF Documents

Latest Premium / Discount As of 08/05/22

NAV	$23.46
Market Price	$23.37
Premium / (Discount)	($0.10)

Current View 2022 Q3 As of 08/05/22

Days at Premium	14
Days at NAV	0
Days at Discount	11
Greatest Premium	2.12%
Greatest Discount	-1.04%

Daily Premium / Discount History As of 08/05/22

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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 7/31, CHIS was rated against the following numbers of China Region funds over the following time periods: 91 during the last 3 years. With respect to these China Region funds, CHIS received a Morningstar Rating of 4 stars. 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. CHIS 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.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

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.