Global X - MSCI China Consumer Discretionary ETF
CHIQ
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 605 Third Avenue, 43rd Floor New York NY United States of America 10158
- IPO Date
- Dec 1, 2009
- CIK
- 0001432353
- Website
- globalxetfs.com
- Similar Companies
- Business
- Global X MSCI China Consumer Discretionary ETF (CHIQ) is an exchange-traded fund that seeks to correspond to the price and yield performance, before fees and expenses, of the MSCI China Consumer Discretionary 10/50 Index. The fund provides targeted exposure to large- and mid-cap companies classified in the consumer discretionary sector under the Global Industry Classification Standard (GICS), including consumer discretionary distribution and retail (36.2%); automobiles and components (25.6%); consumer services (17.5%); and consumer durables and apparel (17.4%). Top holdings feature Alibaba Group Holding Limited (9.0%); Meituan-Class B (8.74%); PDD Holdings Inc. (7.85%); BYD Co Ltd-H (6.36%); Trip.com Group Ltd (6.24%); and JD.com Inc-Class A (5.28%), among 59 total holdings encompassing China A, B, and H shares, Red chips, P chips, and foreign listings. Launched on November 30, 2009, and issued by Global X Management Company LLC, a subsidiary of Mirae Asset Global Investments, CHIQ trades on the NYSE Arca exchange with a total expense ratio of 0.65% and net assets of approximately $215 million as of late 2025. The ETF targets investors seeking sector-specific views on China's consumer discretionary market, the second-largest economy by GDP, with semi-annual distributions and a 30-day SEC yield around 0.39%. It maintains a weighted average market capitalization of $68.2 billion, return on equity of 13.6%, and price-to-earnings ratio of 9.90. Recent developments include consistent dividend payments, such as $0.124 per share ex June 27, 2025, and $0.373 ex December 30, 2024, alongside a 16.26% total return over the past year amid China's policy easing measures and equity rallies. No major acquisitions, partnerships, or structural changes specific to CHIQ occurred in 2024-2025; however, the fund benefited from broader Global X initiatives like 2025 outlooks emphasizing AI, defense tech, and hydrogen trends, while navigating China's economic challenges including weak consumer sentiment and stimulus efforts. Holdings adjustments reflect market dynamics, such as a reported 6.85% decrease in PDD Holdings ownership in Q1 2025 filings.