CHBGlobal X China Biotech Innovation ETF
CHB Fund Description
CHB tracks a market-cap weighted index of Chinese companies that are involved in the biotechnology industry.
CHB Factset Analytics Insight
CHB is passively managed to provide exposure to a narrow basket of Chinese biotechnology stocks. Companies must be headquartered in China or Hong Kong and directly involved in the biotechnology industry as defined by FactSet. Stocks may be of any capitalization size. However, shares must be listed on a major exchange and include H-shares, red-chips, P-chips, and A-shares which are subject to daily quota limits. Stocks selected for the index are market-cap weighted and subject to 8% cap. Companies that weight 5% or more are capped in at 40% in aggregate weight of the total. The index follows a semi-annual rebalance schedule on the second Friday in May and November.
CHB MSCI ESG Analytics Insight
Global X China Biotech Innovation ETF has an MSCI ESG Fund Rating of BB based on a score of 3.38 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Global X China Biotech Innovation ETF ranks in the 6th percentile within its peer group and in the 23th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
CHB MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
CHB Summary Data
CHB Portfolio Data
CHB Index Data
CHB Portfolio Management
CHB Tax Exposures
CHB Fund Structure
CHB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of CHB. CHB is rated a 4 out of 5.
CHB Sector/Industry Breakdown
CHB Top 10 Holdings[View All]
CHB Economic Development
CHB Performance Statistics
CHB MSCI ESG Ratings
CHB Benchmark Comparison Summary
CHB Benchmark Comparison Market Cap Size