This ETF offers exposure to China's energy sector, making it one of the most precise tools available in the ETF universe. Given this targeted focus, this ETF is probably more appropriate for those looking to establish a shorter-term tactical tilt as opposed to those building a long-term portfolio. Those looking to overweight China may find this ETF useful for fine tuning exposure, while investors bullish on the outlook for energy stocks but hesitant to invest in U.S. equities may consider CHIE as well. This fund can also be used in market neutral long/short trades that seek to exploit return differentials--for example going long CHIE and short XLE (or vice versa). Investors looking to add broad-based China exposure have a number of options available, such as YAO or GXC. Looking at the CHIE portfolio, several elements jump out. First, like many international sector-specific funds, CHIE is quite concentrated. The underlying portfolio is rather shallow, and a small handful of stocks account for a significant portion of total assets. In other words, company-specific risk is significant, and CHIE doesn't offer a tremendous amount of balance or diversification. It should also be noted that while all the component companies are classified as energy stocks, the portfolio covers a number of different energy sub-sectors. In addition to traditional oil and gas firms, CHIE includes meaningful allocations to alternative energy, coal, and electric stocks. CHIE isn't for everyone; the targeted focus makes this precise tool of limited use to the majority of investors. But for those looking to make a very specific play on the Chinese market, CHIE can be a very efficient way to access the energy market.
The adjacent table gives investors an individual Realtime Rating for CHIE on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Energy Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
|Developed Markets (ex-US)||30.73%|
There are 3 other ETFs in the Energy Equities ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of CHIE relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
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