Global X MSCI China Materials ETF

Price: $17.39
Change: $0.12 (0.01%)
Category: China Equities
Last Updated:


Brand Global X
Structure ETF
Expense Ratio 0.66%
ETF Home Page Home page
Inception Jan 12, 2010

Analyst Report

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.

ETF Database Themes

Category China Equities
Asset Class Equity
Asset Class Size Multi-Cap
Asset Class Style Blend
Sector (General) Materials
Sector (Specific) Broad
Region (General) Emerging Asia Pacific
Region (Specific) China

FactSet Classifications

Segment Equity: China Materials
Category Sector
Focus Materials
Niche Broad-based
Strategy Vanilla
Weighting Scheme Market Cap

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $14.59
  • 52 Week Hi $24.91
  • AUM $3.4 M
  • Shares 0.2 M

Historical Trading Data

  • 1 Month Avg. Volume 4,167
  • 3 Month Avg. Volume 3,165

Alternative ETFs in the ETF Database China Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FLCH 0.19% $94.7 M 25,994 -30.38%
Largest (AUM) MCHI 0.57% $6.5 B 6 M -30.54%
Most Liquid (Volume) FXI 0.74% $4.5 B 39 M -29.25%
Top YTD Performer CHIE 0.67% $9.1 M 29,720 28.16%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

CHIM ETF Database Category Average FactSet Segment Average
Number of Holdings 107 172 107
% of Assets in Top 10 40.07% 46.32% 40.07%
% of Assets in Top 15 49.40% 56.25% 49.40%
% of Assets in Top 50 83.27% 82.18% 83.27%

Size Comparison

CHIM ETF Database Category Average FactSet Segment Average
Large (>12.9B) 43.87% 56.93% 43.87%
Mid (>2.7B) 51.98% 33.28% 51.98%
Small (>600M) 4.13% 4.82% 4.13%
Micro (<600M) 0.00% 0.19% 0.00%

CHIM Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

CHIM Dividend

This section compares the dividend yield of this ETF to its peers.

CHIM ETF Database Category Average FactSet Segment Average
Dividend $ 0.29 $ 0.18 $ 0.29
Dividend Date 2021-06-29 N/A N/A
Annual Dividend Rate $ 0.51 $ 0.31 $ 0.51
Annual Dividend Yield 2.06% 1.00% 2.06%

CHIM Price and Volume Charts

View charts featuring CHIM price and volume data.

CHIM Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 694.75 1 Month Net Flows: -591.18 3 Month Net Flows: -1.06 K 6 Month Net Flows: -137.23 1 Year Net Flows: -105.12 K 3 Year Net Flows: 2.06 M 5 Year Net Flows: 190.87 K 10 Year Net Flows: 3.11 M

CHIM Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.