CHICGlobal X MSCI China Communication Services ETF
CHIC Fund Description
CHIC tracks a market-cap-weighted index of Chinese large- and midcap communication services companies. The fund includes A shares.
CHIC Factset Analytics Insight
CHIC offers concentrated exposure to China’s fast-growing communication services sector, which is populated by both traditional telecoms and internet companies. The fund excludes small-caps and places position limits on the largest names, but otherwise represents excellent exposure to the sector. CHIC includes all major share classes, including A, B, and H shares, red chips, P chips, and foreign listings. Its methodology also includes a capping scheme wherein each group entity is capped at 10% and the cumulative weight of all group entities weighing more than 5% does not exceed 50% of the index. Prior to December 6, 2018, CHIC traded under the ticker QQQC, and it tracked an index focused exclusively on Chinese tech firms.
CHIC MSCI ESG Analytics Insight
Global X MSCI China Communication Services ETF has an MSCI ESG Fund Rating of BB based on a score of 3.82 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 MSCI China Communication Services ETF ranks in the 7th percentile within its peer group and in the 8th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
CHIC 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.
CHIC Summary Data
CHIC Portfolio Data
CHIC Index Data
CHIC Portfolio Management
CHIC Tax Exposures
CHIC Fund Structure
CHIC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of CHIC. CHIC is rated a 4 out of 5.
CHIC Economic Development
CHIC Performance Statistics
CHIC MSCI ESG Ratings
CHIC Benchmark Comparison Summary
CHIC Benchmark Comparison Market Cap Size