Category Review
Index option income was not one bet this year
Global X - MSCI China Consumer Discretionary ETF
$16.11+0.08 (+0.50%)
- 0.65%
- $102M
- −26.6%
- 1.78%
- 0M sh
- $16.20
- low $15.45high $23.80
The ETF.net CHIQ Grade
C
Score 46 out of 100
- 20 of 30
Score 46 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B57 out of 100Rank 11 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F24 out of 100Rank 25 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D36 out of 100Rank 21 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C51 out of 100Rank 16 of 28Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A71 out of 100Rank 11 of 30
Our read on CHIQ
CA 2009-vintage bet on the Chinese consumer, not the American one: roughly 60 Chinese consumer discretionary names in a peer group otherwise stacked with US retail and S&P 500 sector funds.
The Fund seeks to track, before fees and expenses, the price and yield performance of the MSCI China Consumer Discretionary 10/50 Index.
Why people hold it
- The rare consumer discretionary ETF that skips the US shopper entirely. It tracks an MSCI index of Chinese consumer names, so it moves with demand in China.assets.globalxetfs.com
- Live since 2009, so its record spans multiple boom-and-bust turns in Chinese equities rather than one recent stretch.
- The 10/50 index design caps issuer weights, so a single mega-cap e-commerce name cannot quietly grow into most of the portfolio.assets.globalxetfs.com
- Plain passive plumbing: a rules-based index fund in a standard 1940 Act wrapper, no swaps or leverage layered on top.
Worth knowing
- At 0.65% a year, it costs several times the 0.08% charged by the largest US consumer sector funds (XLY, FDIS). That is the toll for packaged single-country access.
- One sector, one country, about 60 stocks: Beijing policy shifts, regulation and currency moves all land in the same basket at once.
- It changes hands far less often than the big US sector ETFs, so spreads and order type matter more at the point of trade.
CHIQ Holdings
- Stocks
- 53
- 56%
- PDD
Sectors
- Consumer Discretionary94.6%
- Consumer Staples4.7%
- Real Estate0.4%
- Industrials0.3%
Geography
- China79.14%
- Ireland8.85%
- Hong Kong7.67%
- Singapore4.34%
Developed 21% · Emerging 79%
CHIQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
CHIQ$7,338
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CHIQ |
|---|---|
| Year to date | −24.2% |
| 1 month | −1.5% |
| 3 months | −6.9% |
| 1 year | −26.6% |
| 3 years | −2.2% |
| 5 years | −9.8% |
| 10 years | +4.1% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CHIQ |
|---|---|---|
| 2026 YTD | −24.2% | |
| 2025 | +13.7% | |
| 2024 | +10.8% | |
| 2023 | −10.7% | |
| 2022 | −22.0% | |
| 2021 | −27.1% | |
| 2020 | +92.6% |
CHIQ in the news
CHIQ Dividends
- 1.78%
- $0.28
- $0.09 per share
- Twice a year
Distribution history
CHIQ Risk
- 30.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.11
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −54.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.68
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CHIQ Cost
0.65%
CHIQ0.65%
- The middle half of China funds
- Median 0.65%
9 of the 29 China funds charge less.
Other funds in China
- CMCHMatthews China Active ETFExpense ratio 0.79%1 year return −4.8%
- CFCAFirst Trust China AlphaDEX FundExpense ratio 0.80%1 year return −3.2%
- CKWEBKraneShares CSI China Internet ETFExpense ratio 0.69%1 year return −31.7%
- CNBCENeuberger Berman China Equity ETFExpense ratio 5.01%1 year return +15.3%
- CCCPXCorgi ETF Trust I - Corgi China 2x Daily ETFExpense ratio 0.45%1 year return —