CHIE vs. SPLG
Compare and contrast key facts about Global X MSCI China Energy ETF (CHIE) and SPDR Portfolio S&P 500 ETF (SPLG).
CHIE and SPLG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CHIE is a passively managed fund by Global X that tracks the performance of the MSCI China Energy IMI Plus 10/50 Index. It was launched on Dec 15, 2009. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005. Both CHIE and SPLG 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: CHIE or SPLG.
Correlation
The correlation between CHIE and SPLG is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CHIE vs. SPLG - Performance Comparison
Key characteristics
Returns By Period
CHIE
N/A
N/A
N/A
N/A
N/A
N/A
SPLG
4.58%
2.58%
10.05%
25.09%
14.80%
13.29%
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CHIE vs. SPLG - Expense Ratio Comparison
CHIE has a 0.66% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
CHIE vs. SPLG — Risk-Adjusted Performance Rank
CHIE
SPLG
CHIE vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI China Energy ETF (CHIE) and SPDR Portfolio S&P 500 ETF (SPLG). 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
CHIE vs. SPLG - Dividend Comparison
CHIE has not paid dividends to shareholders, while SPLG's dividend yield for the trailing twelve months is around 1.22%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHIE Global X MSCI China Energy ETF | 99.98% | 99.98% | 9.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPLG SPDR Portfolio S&P 500 ETF | 1.22% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
CHIE vs. SPLG - Drawdown Comparison
Volatility
CHIE vs. SPLG - Volatility Comparison
The current volatility for Global X MSCI China Energy ETF (CHIE) is 0.00%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 2.99%. This indicates that CHIE experiences smaller price fluctuations and is considered to be less risky than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.