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.
| Segment | Equity: China Energy |
| Category | Sector |
| Focus | Energy |
| Niche | Broad-based |
| Strategy | Vanilla |
| Weighting Scheme | Market Cap |
This section compares how balanced and deep this ETF is relative to its peers.
| CHIE | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 29 | 168 | 29 |
| % of Assets in Top 10 | 64.69% | 47.20% | 64.69% |
| % of Assets in Top 15 | 78.18% | 57.17% | 78.18% |
| % of Assets in Top 50 | 99.99% | 82.82% | 99.99% |
| CHIE | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 50.40% | 59.72% | 50.40% |
| Mid (>2.7B) | 37.10% | 31.88% | 37.10% |
| Small (>600M) | 12.41% | 3.98% | 12.41% |
| Micro (<600M) | 0.00% | 0.13% | 0.00% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| CHIE | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.47 | $ 0.69 | $ 0.47 |
| Dividend Date | 2022-12-29 | N/A | N/A |
| Annual Dividend Rate | $ 0.58 | $ 0.76 | $ 0.58 |
| Annual Dividend Yield | 3.73% | 3.36% | 3.73% |
View charts featuring CHIE price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 3.42 K 1 Month Net Flows: 496.49 K 3 Month Net Flows: -265.03 K 6 Month Net Flows: 987.32 K 1 Year Net Flows: 6.13 M 3 Year Net Flows: 6.51 M 5 Year Net Flows: 5.9 M 10 Year Net Flows: 5.29 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -186.94 KThe 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 ETF Database 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 ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| CHIE |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -2.72% | -6.73% | -2.72% |
| 3 Month Return | -1.13% | -9.02% | -1.13% |
| YTD Return | 7.86% | -5.07% | 7.86% |
| 1 Year Return | 10.97% | -4.60% | 10.97% |
| 3 Year Return | 29.69% | -0.47% | 29.69% |
| 5 Year Return | 7.17% | -2.31% | 7.17% |
The following charts reflect the geographic spread of CHIE's underlying holdings.
| Region | Percentage |
|---|---|
| Asia Pacific | 99.86% |
| Other | 0.13% |
| Country | Percentage |
|---|---|
| China | 89.79% |
| Hong Kong | 10.07% |
| Other | 0.13% |
The following charts reflect the allocation of CHIE's underlying holdings.
| Sector | Percentage |
|---|---|
| Energy Minerals | 77.26% |
| Industrial Services | 13.24% |
| Non-Energy Minerals | 5.08% |
| Transportation | 4.28% |
| CASH | 0.13% |
| Market Cap | Percentage |
|---|---|
| Large | 50.4% |
| Mid | 37.1% |
| Small | 12.41% |
| Micro | 0.0% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 99.86% |
| CASH | 0.13% |
| Sector | Percentage |
|---|---|
| Energy Minerals | 77.26% |
| Industrial Services | 13.24% |
| Non-Energy Minerals | 5.08% |
| Transportation | 4.28% |
| CASH | 0.13% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 70.02% |
| 20 Day Volatility | 22.61% |
| 50 Day Volatility | 20.94% |
| 200 Day Volatility | 21.60% |
| Beta | 0.46 |
| Standard Deviation | 0.71% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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