Model Portfolios | Institutional | News | Contact

CHIX

MSCI China Financials ETF

Reasons to Consider CHIX

Targeted Exposure

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

ETF Efficiency

In a single trade, CHIX delivers access to dozens of financials 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 11/22/23

Inception Date	12/10/09
Total Expense Ratio	0.66%
Net Assets	$21.59 million
NAV	$11.55
Fact Sheet	View the document

ETF Summary

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

ETF Objective

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

Trading Details As of 11/22/23

Ticker	CHIX
Bloomberg Index Ticker	NU721887
CUSIP	37950E606
ISIN	US37950E6068
Primary Exchange	NYSE Arca
Shares Outstanding	1,870,000
Number of Holdings	96
30-Day Median Bid-Ask Spread	0.44%

Distributions As of 11/22/23

30-Day SEC Yield	5.55%
Distribution Frequency	Semi-Annually

ETF Prices As of 11/22/23

NAV	$11.55	Daily Change	-$0.03	-0.26%
Market Price	$11.47	Daily Change	-$0.01	-0.09%

As of recent (09/30/23) As of recent (09/30/23)	Fund NAV	Market Price	Index
1 Year	14.06%	14.18%	14.97%
3 Years	-1.19%	-1.46%	-0.66%
5 Years	-3.11%	-3.20%	-2.45%
10 Years	2.31%	2.29%	3.05%
Since Inception	0.97%	0.92%	1.58%
1 Year	22.51%	22.97%	23.54%
3 Years	-3.62%	-3.91%	-3.08%
5 Years	-1.98%	-1.95%	-1.32%
10 Years	1.52%	1.58%	2.25%
Since Inception	0.65%	0.65%	1.25%
Year-to-Date	-0.08%	0.09%	0.46%
1 Month	2.25%	1.83%	2.37%
3 Months	-1.17%	-2.34%	-0.88%
Since Inception	14.24%	13.43%	24.10%
Year-to-Date	-4.32%	-3.50%	-3.75%
1 Month	-4.24%	-3.59%	-4.19%
3 Months	-11.93%	-12.21%	-11.80%
Since Inception	9.39%	9.36%	18.90%

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 ($)	Shares Held	Market Value ($)
9.88	939 HK	CHINA CONSTRUCTION BANK-H	B0LMTQ3	0.59	3,640,726	2,130,267.93
9.54	3988 HK	BANK OF CHINA LTD-H	B154564	0.37	5,582,734	2,055,939.00
9.53	1398 HK	IND & COMM BK OF CHINA-H	B1G1QD8	0.49	4,223,137	2,053,788.76
7.62	2318 HK	PING AN	B01FLR7	4.99	329,254	1,643,471.03
5.05	3968 HK	CHINA MERCHANTS BANK-H	B1DYPZ5	3.79	287,324	1,087,615.31
3.92	1288 HK	ABC-H	B60LZR6	0.37	2,281,088	845,904.38
3.65	2628 HK	CHINA LIFE INSURANCE CO-H	6718976	1.43	550,690	787,179.50
3.23	2328 HK	PICC P&C-H	6706250	1.22	571,163	695,516.87
2.43	2601 HK	CHINA PACIFIC-H	B2Q5H56	2.26	231,862	523,628.94
2.23	3328 HK	BANKCOMM-H	B0B8Z29	0.60	801,671	480,390.54
1.85	600036 C1	CHINA MERCHANTS BANK-A	BP3R273	4.19	94,834	397,649.06
1.82	998 HK	CITIC BANK-H	B1W0JF2	0.46	857,622	392,866.97
1.80	6030 HK	CITIC SECURITIES CO LTD-H	B6SPB49	2.13	181,745	387,125.65
1.63	1658 HK	POSTAL SAVINGS-H	BD8GL18	0.46	758,100	350,195.36
1.34	1339 HK	PICC GROUP-H	B8RZJZ1	0.33	861,200	288,420.36
1.23	3908 HK	CHINA INTERNAT-H	BZ169C6	1.70	156,050	265,114.30
1.12	6881 HK	CGS-H	B92NYF2	0.56	434,150	242,331.83
1.11	1988 HK	CHINA MINSHENG-H	B57JY24	0.34	695,426	238,255.85
1.01	6886 HK	HUATAI SECURIT-H	BWVFT00	1.33	163,650	218,388.99
1.01	601166 C1	INDUSTRIAL BANK CO LTD -A	BP3R295	2.07	104,680	216,687.28
1.00	601288 C1	AGRICULTURAL-A	BP3R228	0.51	422,000	215,877.90
0.95	1336 HK	NEW CHINA LIFE-H	B5730Z1	2.10	97,461	204,595.25
0.94	6837 HK	HAITONG SECURI-H	B71SXC4	0.59	344,700	201,691.46
0.88	600030 C1	CITIC SECURITIES CO-A	BP3R2J5	3.08	61,780	190,401.84
0.86	966 HK	CHINA TAIPING IN	6264048	0.93	199,630	186,226.56
0.85	1776 HK	GF SECURITIES CO LTD-H	BW4NKK8	1.32	138,900	183,934.56
0.84	3360 HK	FAR EAST HORIZON LTD	B63DLB5	0.76	236,400	180,486.96
0.78	601328 C1	BANK OF COMMUN-A	BP3R2G2	0.82	206,700	168,720.54
0.78	300059 C2	EAST MONEY INF-A	BD5CPC8	2.08	80,572	167,572.10
0.74	6818 HK	CEB BANK-H	B5NRRJ0	0.28	560,700	159,722.07
0.73	QFIN	QIFU TECHNOLOGY INC	BFMV9Y2	16.05	9,799	157,273.95
0.73	6060 HK	ZHONGAN ONLINE-H	BYZQ099	2.62	60,000	157,058.99
0.70	1359 HK	CHINA CINDA-H	BGY6SV2	0.10	1,460,400	151,788.28
0.68	600000 C1	SHANG PUDONG-A	BP3R2B7	0.97	151,814	147,472.58
0.58	601601 C1	CHINA PACIFIC-A	BP3R2K6	3.44	36,050	124,103.58
0.57	002142 C2	BANK OF NINGBO CO LTD -A	BD5CP06	3.45	35,820	123,411.93
0.50	600016 C1	CHINA MINSHENG BANKING-A	BP3R2C8	0.54	199,800	106,956.92
0.49	601818 C1	CHINA EVERBRIG-A	BP3R2P1	0.41	257,600	104,773.99
0.48	601658 C1	POSTAL SAVINGS-A	BL61XF9	0.63	163,800	103,940.40
0.45	601688 C1	HUATAI SECURIT-A	BP3R3B4	2.13	45,050	96,086.85
0.44	601211 C1	GUOTAI JUNAN S-A	BYQDMZ9	2.13	44,944	95,609.49
0.44	601066 C1	CSC FINANCIAL CO LTD-A	BDZRFN4	3.66	25,725	94,132.52
0.43	600919 C1	BANK OF JIANGSU CO LTD-A	BYW5MY8	0.95	97,730	92,886.25
0.42	600999 C1	CHINA MERCHANT-A	BP3R303	1.98	45,180	89,607.27
0.41	000166 C2	SHENWAN HONGYU-A	BD5CPV7	0.64	137,200	87,444.72
0.40	600837 C1	HAITONG SECURI-A	BP3R2S4	1.39	61,400	85,046.54
0.39	300033 C2	HITHINK ROYALF-A	BD5CN46	19.75	4,235	83,627.43
0.38	601169 C1	BANK OF BEIJING CO LTD -A	BP3R2W8	0.64	129,700	82,483.30
0.36	000776 C2	GF SECURITIES CO LTD-A	BD5CQ36	2.04	37,800	76,925.06
0.35	601229 C1	BANK OF SHANGHAI CO LTD-A	BD8P9J9	0.84	91,098	76,396.72
0.35	601398 C1	IND & COMM BK OF CHINA-A	BP3R217	0.67	112,300	75,341.74
0.34	601995 C1	CHINA INTERNAT-A	BMYPCF3	5.74	12,785	73,372.67
0.34	601788 C1	EVERBRIG SEC -A	BZ0D1Y4	2.30	31,532	72,631.22
0.33	601628 C1	CHINA LIFE INSURANCE CO-A	BP3R251	4.38	16,402	71,916.07
0.33	600015 C1	HUAXIA BANK CO LTD-A	BP3R2T5	0.80	88,100	70,188.41
0.32	601009 C1	BANK OF NANJING CO LTD -A	BP3R529	1.07	65,384	69,728.56
0.32	600958 C1	ORIENT SECURIT-A	BZ0D003	1.24	55,324	68,665.91
0.32	600926 C1	BANK OF HANGZHOU CO LTD-A	BYW5MZ9	1.46	46,995	68,575.15
0.30	601336 C1	NEW CHINA LIFE-A	BP3R3F8	4.48	14,437	64,652.32
0.30	002736 C2	GUOSEN SECURIT-A	BD5CPR3	1.35	47,645	64,395.93
0.29	601916 C1	CHINA ZHESHANG-A	BK96BF0	0.35	175,200	61,953.99
0.28	LU	LUFAX HOLDING LTD-ADR	BNDK6G5	0.91	66,404	60,102.26
0.28	601838 C1	BANK OF CHENGDU CO LTD-A	BFYQHF2	1.66	36,000	59,676.29
0.28	601881 C1	CHINA GALAXY-A	BYWPH65	1.78	33,600	59,642.75
0.27	601377 C1	INDUSTRIAL-A	BP3R5B8	0.87	66,970	58,596.18
0.27	601555 C1	SOOCHOW SECURI-A	BP3R6Z9	1.09	53,384	58,348.88
0.27	601825 C1	SHANGHAI RURAL-A	BQ3RWZ8	0.81	72,200	58,126.52
0.26	600918 C1	ZHONGTAI SECUR-A	BMXTWL2	1.01	55,700	56,287.00
0.24	600061 C1	SDIC CAPITAL CO LTD-A	BYYFJ78	0.98	52,800	51,585.27
0.24	601878 C1	ZHESHANG SECUR-A	BFB4KN8	1.48	34,740	51,518.10
0.24	601108 C1	CAITONG SECURI-A	BFY9KS5	1.15	44,610	51,190.58
0.23	600109 C1	SINOLINK SECUR-A	BP3R4V1	1.33	37,100	49,521.29
0.22	002797 C2	FIRST CAPITAL -A	BD73MV7	0.86	55,000	47,507.90
0.21	002939 C2	CHINA GREAT WA-A	BKDQ811	1.17	39,100	45,742.18
0.21	601077 C1	CHONGQING RURA-A	BJLWMG7	0.57	79,900	45,228.94
0.21	000728 C2	GUOYUAN SECURI-A	BD5CNY6	0.98	46,020	45,025.58
0.21	601456 C1	GUOLIAN SECURI-A	BMCZBW5	1.62	27,700	44,910.97
0.21	600369 C1	SOUTHWEST SECU-A	BP3R4S8	0.58	77,000	44,663.57
0.21	000783 C2	CHANGJIANG SEC-A	BD5CP40	0.80	55,500	44,216.31
0.21	601198 C1	DONGXING SECUR-A	BYQDMD7	1.23	36,000	44,178.57
0.20	601990 C1	NANJING SECURI-A	BHWLWS1	1.13	38,200	43,194.31
0.20	002673 C2	WESTERN SECURI-A	BD5CP73	0.94	45,700	42,796.24
0.20	601319 C1	PICC HOLDING CO-A	BDFS9G8	0.73	58,400	42,608.67
0.20	601696 C1	BOC INTERNATIO-A	BL6D355	1.53	27,740	42,339.31
0.18	000987 C2	GUANGZHOU YUEX-A	BD5C8L8	0.92	42,486	38,955.10
0.18	601577 C1	BANK OF CHANGSHA CO LTD-A	BK94875	0.98	39,450	38,762.96
0.18	600705 C1	AVIC INDUSTRY-A	BP3R4C2	0.48	80,900	38,558.27
0.18	002926 C2	HUAXI SECURITIES CO LTD-A	BHQPRV7	1.13	33,590	37,934.64
0.18	002500 C2	SHANXI SECURIT-A	BD5CNC4	0.80	47,340	37,649.15
0.17	002966 C2	BANK OF SUZHOU CO LTD-A	BK71760	0.91	41,300	37,521.31
0.17		CASH		1.00	35,534	35,534.16
0.15	601988 C1	BANK OF CHINA LTD-A	BP3R239	0.56	56,000	31,151.99
0.08	601901 C1	FOUNDER SECURI-A	BP3R411	1.26	12,900	16,281.41
0.07	601939 C1	CHINA CONSTRUCTION BANK-A	BP3R3L4	0.89	16,000	14,312.47
0.05	000617 C2	CNPC CAPITAL CO LTD-A	BD6QTV6	0.82	13,800	11,341.51
0.05	601318 C1	PING AN INSURA-A	BP3R284	5.97	1,800	10,740.22
0.05	000001 C2	PING AN BANK CO LTD-A	BD5CPS4	1.41	7,225	10,199.38
0.00		HONG KONG DOLLAR		0.00	0	0.00
-0.04		OTHER PAYABLE & RECEIVABLES		1.00	-9,197	-9,197.31

Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 10/31/23

	Industry	Weight (%)
	Major Banks	35.2
	Regional Banks	19.7
	Investment Banks/Brokers	15.4
	Multi-Line Insurance	13.1
	Life/Health Insurance	5.2
	Property/Casualty Insurance	4.6
	Savings Banks	2.1
	Investment Managers	1.5
	Finance/Rental/Leasing	1.5
	Financial Publishing/Services	0.8
	Financial Conglomerates	0.4
	Other	0.5

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 11/22/23

Return on Equity	11.10%
Weighted Avg. Market Cap	73,525 M
	2022	2023
Price-to-earnings	5.05	4.65
Price-to-book value	0.52	0.51

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 10/31/23

Versus	Beta
S&P 500	0.32
NASDAQ-100	0.17
MSCI EAFE	0.72
MSCI Emg. Mkts	1.04
Standard Deviation	24.50%

Source: new windowAltaVista Research, LLC

ETF Research

Why FinTech is Thriving in Emerging Markets

Read the Full ArticleRead More

View More Related Research

ETF Documents

Latest Premium / Discount As of 11/22/23

NAV	$11.55
Market Price	$11.47
Premium / (Discount)	($0.08)

Current View 2023 Q4 As of 11/22/23

Days at Premium	10
Days at NAV	0
Days at Discount	28
Greatest Premium	1.80%
Greatest Discount	-1.52%

Daily Premium / Discount History As of 11/22/23

Hover over the chart points for details

View Chart Explanation

Download Chart Data (.CSV)

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.

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. CHIX 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.

CHIX

MSCI China Financials ETF

Reasons to Consider CHIX

Targeted Exposure

ETF Efficiency

All Share Exposure

Key Information As of 11/22/23

ETF Summary

ETF Objective

Trading Details As of 11/22/23

Distributions As of 11/22/23

ETF Prices As of 11/22/23

Performance History

Top Holdings As of 11/24/23

Exposure As of 10/31/23

ETF Characteristics As of 11/22/23

ETF Risk Stats As of 10/31/23

ETF Research

Why FinTech is Thriving in Emerging Markets

ETF Documents