CHIQ vs. BABA
CHIQ (Global X MSCI China Consumer Discretionary ETF) is China Equities fund tracking the MSCI China Consumer Discretionary 10/50 Index, while BABA (Alibaba Group Holding Limited) is a stock. Over the past 10 years, CHIQ returned 6.32%/yr vs 4.95%/yr for BABA. Their 0.73 correlation means they have sometimes moved together and sometimes differently.
Performance
CHIQ vs. BABA - Performance Comparison
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Returns By Period
In the year-to-date period, CHIQ achieves a -12.61% return, which is significantly lower than BABA's -11.19% return. Over the past 10 years, CHIQ has outperformed BABA with an annualized return of 6.32%, while BABA has yielded a comparatively lower 4.95% annualized return.
CHIQ
- 1D
- -0.78%
- 1M
- 13.46%
- 6M
- -11.03%
- YTD
- -12.61%
- 1Y
- -11.86%
- 3Y*
- -1.64%
- 5Y*
- -8.27%
- 10Y*
- 6.32%
- ALL TIME*
- 2.17%
BABA
- 1D
- 1.33%
- 1M
- 34.17%
- 6M
- -20.46%
- YTD
- -11.19%
- 1Y
- 10.79%
- 3Y*
- 12.26%
- 5Y*
- -7.21%
- 10Y*
- 4.95%
- ALL TIME*
- 3.35%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.17B | $1.40B | $1.51B | |
| $1.03M | $735.04K | $809.72K |
CHIQ vs. BABA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CHIQ Global X MSCI China Consumer Discretionary ETF | -12.61% | 13.69% | 10.74% | -10.70% | -22.01% | -27.07% | 92.61% | 44.19% | -28.65% | 67.74% |
BABA Alibaba Group Holding Limited | -11.19% | 75.80% | 11.77% | -10.83% | -25.84% | -48.96% | 9.73% | 54.74% | -20.51% | 96.37% |
Correlation
The correlation between CHIQ and BABA is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.71 |
Correlation (3Y) Balances recent behavior with more history. | 0.77 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.80 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.76 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2014 | 0.73 |
The correlation between CHIQ and BABA has been stable across timeframes, ranging from 0.71 to 0.80 - a consistent structural relationship.
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Return for Risk
CHIQ vs. BABA — Risk / Return Rank
CHIQ
BABA
CHIQ vs. BABA - Risk-Adjusted Trends 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CHIQ | BABA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -1.36 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.08 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 0.22 | -0.55 |
| Martin ratioReturn relative to average drawdown | -0.71 | 0.43 | -1.14 |
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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.
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Drawdown Indicators
| CHIQ | BABA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.04% | -80.09% | +13.05% |
Max Drawdown (1Y)Largest decline over 1 year | -35.53% | -49.47% | +13.94% |
Max Drawdown (3Y)Largest decline over 3 years | -35.53% | -49.47% | +13.94% |
Max Drawdown (5Y)Largest decline over 5 years | -54.89% | -67.84% | +12.95% |
Max Drawdown (10Y)Largest decline over 10 years | -67.04% | -80.09% | +13.05% |
Current DrawdownCurrent decline from peak | -54.15% | -56.78% | +2.63% |
Average DrawdownAverage peak-to-trough decline | -30.87% | -37.86% | +6.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.85% | 24.95% | -8.10% |
Volatility
CHIQ vs. BABA - Volatility Comparison
The current volatility for Global X MSCI China Consumer Discretionary ETF (CHIQ) is 6.69%, while Alibaba Group Holding Limited (BABA) has a volatility of 14.10%. This indicates that CHIQ experiences smaller price fluctuations and is considered to be less risky than BABA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CHIQ | BABA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.69% | 14.10% | -7.41% |
Volatility (6M)Calculated over the trailing 6-month period | 16.64% | 29.35% | -12.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.16% | 45.11% | -21.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.29% | 51.63% | -14.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.47% | 43.67% | -11.20% |
Dividends
CHIQ vs. BABA - Dividend Comparison
CHIQ's dividend yield for the trailing twelve months is around 1.54%, more than BABA's 0.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BABA Alibaba Group Holding Limited | 0.81% | 1.36% | 1.96% | 1.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CHIQ Global X MSCI China Consumer Discretionary ETF | 1.54% | 1.48% | 2.65% | 2.26% | 0.38% | 0.00% | 0.11% | 1.05% | 2.71% | 0.62% | 1.51% | 4.86% |
Frequently Asked Questions
CHIQ and BABA have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BABA has higher volatility (14.10%) compared to CHIQ (6.69%). In terms of maximum drawdown, CHIQ dropped -67.04% vs BABA's -80.09%.
BABA currently has the higher Sharpe Ratio (0.24 vs -0.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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