CHIQ vs. BABA
Compare and contrast key facts about Global X MSCI China Consumer Discretionary ETF (CHIQ) and Alibaba Group Holding Limited (BABA).
CHIQ is a passively managed fund by Global X that tracks the performance of the MSCI China Consumer Discretionary 10/50 Index. It was launched on Nov 30, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CHIQ or BABA.
Correlation
The correlation between CHIQ and BABA is 0.73, 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
CHIQ vs. BABA - Performance Comparison
Key characteristics
CHIQ:
0.45
BABA:
0.47
CHIQ:
0.93
BABA:
0.97
CHIQ:
1.11
BABA:
1.11
CHIQ:
0.26
BABA:
0.23
CHIQ:
1.32
BABA:
1.46
CHIQ:
12.67%
BABA:
12.07%
CHIQ:
37.29%
BABA:
37.70%
CHIQ:
-67.04%
BABA:
-80.09%
CHIQ:
-52.98%
BABA:
-72.61%
Returns By Period
In the year-to-date period, CHIQ achieves a 12.83% return, which is significantly higher than BABA's 10.60% return. Over the past 10 years, CHIQ has outperformed BABA with an annualized return of 6.28%, while BABA has yielded a comparatively lower -2.40% annualized return.
CHIQ
12.83%
-0.86%
11.06%
15.27%
2.23%
6.28%
BABA
10.60%
-4.87%
14.16%
15.22%
-16.41%
-2.40%
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Risk-Adjusted Performance
CHIQ vs. BABA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI China Consumer Discretionary ETF (CHIQ) and Alibaba Group Holding Limited (BABA). 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
CHIQ vs. BABA - Dividend Comparison
CHIQ's dividend yield for the trailing twelve months is around 2.52%, more than BABA's 1.95% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHIQ Global X MSCI China Consumer Discretionary ETF | 2.52% | 2.26% | 0.38% | 0.00% | 0.11% | 1.04% | 2.71% | 0.62% | 1.51% | 4.86% | 2.08% | 0.94% |
BABA Alibaba Group Holding Limited | 0.78% | 1.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CHIQ vs. BABA - Drawdown Comparison
The maximum CHIQ drawdown since its inception was -67.04%, smaller than the maximum BABA drawdown of -80.09%. Use the drawdown chart below to compare losses from any high point for CHIQ and BABA. For additional features, visit the drawdowns tool.
Volatility
CHIQ vs. BABA - Volatility Comparison
Global X MSCI China Consumer Discretionary ETF (CHIQ) has a higher volatility of 11.58% compared to Alibaba Group Holding Limited (BABA) at 10.80%. This indicates that CHIQ's price experiences larger fluctuations and is considered to be riskier than BABA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.