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CHIQ - ETF AI Analysis
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Global X MSCI China Consumer Discretionary ETF (CHIQ)
Rating:61Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as Alibaba and Pop Mart, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Focused Sector Exposure
The ETF is heavily concentrated in consumer cyclical stocks, which can benefit from economic growth and rising consumer spending.
Healthy Year-to-Date Performance
The ETF has shown solid year-to-date gains, indicating resilience in its targeted market segment.
Negative Factors
High Geographic Concentration
The ETF is heavily exposed to Hong Kong, which increases vulnerability to regional economic or political risks.
Underperforming Holdings
Some top holdings, such as Meituan and JD.com, have lagged in performance, potentially dragging down overall returns.
Relatively High Expense Ratio
The ETF charges a higher expense ratio compared to many broad-market ETFs, which could reduce net returns over time.
CHIQ vs. SPDR S&P 500 ETF (SPY)
AUM215.03M
RegionAsia-Pacific
Expense Ratio0.65%
Beta0.77
IssuerGlobal X
Inception DateNov 30, 2009
Dividend Yield2.27%
Asset ClassEquity
Index TrackedMSCI China Consumer Discretionary 10/50 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume27,308
30 Day Avg. Volume54,172
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
28.16Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering59
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CHIQ Summary
The Global X MSCI China Consumer Discretionary ETF (CHIQ) is an investment fund that focuses on companies in China’s consumer discretionary sector, which includes industries like automobiles, apparel, and leisure products. It tracks the MSCI China Consumer Discretionary 10/50 Index, giving investors exposure to businesses benefiting from the growing spending power of China’s middle class. Some well-known companies in this ETF include Alibaba Group and PDD Holdings. This ETF might appeal to investors looking to tap into the growth potential of China’s economy and diversify their portfolio internationally. However, it’s important to note that the ETF’s performance is closely tied to the health of China’s economy, which can be affected by government policies and global market conditions.
How much will it cost me?The Global X MSCI China Consumer Discretionary ETF (CHIQ) has an expense ratio of 0.65%, meaning you’ll pay $6.50 per year for every $1,000 invested. This is higher than average because the fund is focused on a specific sector and region, which requires more active management compared to broad, passively managed ETFs.
What would affect this ETF?CHIQ could benefit from China's growing middle class and increasing consumer spending, which drive demand for products and services offered by companies like Alibaba and BYD. However, risks include potential regulatory changes in China, economic slowdowns, or geopolitical tensions that could negatively impact consumer confidence and the performance of key holdings. Additionally, shifts in global trade policies or interest rate changes could influence the ETF's returns.
CHIQ Top 10 Holdings
The CHIQ ETF is heavily concentrated in China's consumer discretionary sector, with major names like Alibaba and PDD Holdings leading the charge. Alibaba has shown steady long-term growth, but recent performance has been mixed, while PDD is lagging due to competitive pressures and regulatory challenges. Meituan and JD.com are also holding back the fund, grappling with profitability concerns and bearish momentum. On the brighter side, Yum China is rising steadily, offering a glimmer of optimism. Overall, the fund’s focus on China’s evolving consumer market provides exposure to growth opportunities, but near-term headwinds are evident.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Alibaba Group Holding Ltd. | 9.46% | $20.63M | HK$2.95T | 80.58% | 71 Outperform | |
| Meituan | 8.29% | $18.09M | HK$634.38B | -44.23% | 74 Outperform | |
| PDD Holdings | 7.88% | $17.19M | $161.21B | 17.21% | 70 Outperform | |
| BYD Co | 6.18% | $13.49M | HK$918.00B | 11.80% | 66 Neutral | |
| Trip.com Group Ltd. | 5.93% | $12.94M | HK$354.68B | 6.89% | 74 Outperform | |
| JD.com, Inc. Class A | 5.14% | $11.20M | HK$367.26B | -18.28% | 74 Outperform | |
| Yum China Holdings | 3.19% | $6.97M | HK$135.77B | 3.21% | ― | |
| XPeng, Inc. Class A | 2.74% | $5.98M | HK$156.49B | 82.69% | 53 Neutral | |
| NIO Inc. Class A | 2.71% | $5.91M | HK$91.84B | 27.12% | 39 Underperform | |
| Geely Automobile Holdings | 2.62% | $5.71M | HK$170.20B | 29.02% | 72 Outperform |
CHIQ Technical Analysis
Negative
―
Price Trends
23.16
Negative
22.67
Negative
22.07
Negative
Market Momentum
-0.39
Positive
40.02
Neutral
37.25
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For CHIQ, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 22.50, equal to the 50-day MA of 23.16, and equal to the 200-day MA of 22.07, indicating a bearish trend. The MACD of -0.39 indicates Positive momentum. The RSI at 40.02 is Neutral, neither overbought nor oversold. The STOCH value of 37.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CHIQ.
CHIQ Peer Comparison
Comparison Results
Performance Comparison
CHIQ
Global X MSCI China Consumer Discretionary ETF
21.90
2.72
14.18%
KWEB
Kraneshares Csi China Internet Etf
―
―
―
INCO
Columbia India Consumer ETF
―
―
―
KTEC
KraneShares Hang Seng TECH Index ETF
―
―
―
INQQ
India Internet & Ecommerce ETF
―
―
―
TMH
Toyota Motor Corporation ADRhedged
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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