This ETF offers exposure to China's materials sector, making it one of the most precise tools available in the ETF universe. Those looking to overweight China may find this ETF useful for fine tuning exposure, especially those expecting strong performance from the industrial sector. Also, investors bullish on the outlook for industrial stocks but hesitant to invest in U.S. equities may consider CHII as well. This fund can also be used in market neutral long/short trades that seek to exploit return differentials--for example going long CHIM and short XLB (or vice versa). CHIM is more expensive than most broad-based China ETFs, so those seeking exposure to the total Chinese economy may prefer funds such as YAO or GXC. A few aspects of CHIM's portfolio should be noted. First, like many other sector-specific international equity ETFs, the portfolio is somewhat concentrated. CHIM is somewhat shallow in terms of total holdings, and a few companies account for a significant chunk of assets. It should be noted, however, that the fund is split between metals and mining companies and chemical firms, providing access to the two major sub-sectors of the materials space. CHIM is more expensive than the average for the ETF industry, but the fees charged are very reasonable given the targeted nature of the exposure offered. Moreover, the ability to trade this ETF commission free on certain platforms should be noted, as this benefit may enhance the cost efficiency to some investors. CHIM isn't for everyone; the precise nature of this fund makes it too specific for the majority of investors, especially those looking to build a long-term, buy-and-hold portfolio. But for those looking to implement a very specific tactical tilt, CHIM can be a useful way of accessing or overweighting China's materials sector.
The adjacent table gives investors an individual Realtime Rating for CHIM 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 China 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.
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
|Developed Markets (ex-US)||19.7%|
There are 7 other ETFs in the China 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.
This section compares the fund flows of this ETF to peers in the same 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 CHIM 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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