CHAU vs. CHII
Compare and contrast key facts about Direxion Daily CSI 300 China A Share Bull 2x Shares (CHAU) and Global X MSCI China Industrials ETF (CHII).
CHAU and CHII are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CHAU is a passively managed fund by Direxion that tracks the performance of the CSI 300 Index (200%). It was launched on Apr 16, 2015. CHII is a passively managed fund by Global X that tracks the performance of the MSCI China Industrials 10/50 Index. It was launched on Nov 30, 2009. Both CHAU and CHII are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CHAU or CHII.
Key characteristics
| CHAU | CHII |
|---|
Correlation
The correlation between CHAU and CHII is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CHAU vs. CHII - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CHAU vs. CHII - Expense Ratio Comparison
CHAU has a 1.21% expense ratio, which is higher than CHII's 0.66% expense ratio.
Risk-Adjusted Performance
CHAU vs. CHII - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily CSI 300 China A Share Bull 2x Shares (CHAU) and Global X MSCI China Industrials ETF (CHII). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
CHAU vs. CHII - Dividend Comparison
CHAU's dividend yield for the trailing twelve months is around 3.49%, while CHII has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
CHAU Direxion Daily CSI 300 China A Share Bull 2x Shares | 3.49% | 3.97% | 0.77% | 1.73% | 0.09% | 0.58% | 0.83% |
CHII Global X MSCI China Industrials ETF | 105.06% | 4.28% | 0.67% | 0.20% | 0.00% | 0.00% | 0.00% |
Drawdowns
CHAU vs. CHII - Drawdown Comparison
Volatility
CHAU vs. CHII - Volatility Comparison
Direxion Daily CSI 300 China A Share Bull 2x Shares (CHAU) has a higher volatility of 9.86% compared to Global X MSCI China Industrials ETF (CHII) at 0.00%. This indicates that CHAU's price experiences larger fluctuations and is considered to be riskier than CHII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.