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.
Key characteristics
| CHIQ | BABA | |
|---|---|---|
| YTD Return | 19.53% | 24.16% |
| 1Y Return | 20.34% | 17.84% |
| 3Y Return (Ann) | -11.20% | -16.46% |
| 5Y Return (Ann) | 4.21% | -11.81% |
| 10Y Return (Ann) | 5.87% | -1.65% |
| Sharpe Ratio | 0.57 | 0.47 |
| Sortino Ratio | 1.07 | 0.94 |
| Omega Ratio | 1.13 | 1.12 |
| Calmar Ratio | 0.32 | 0.23 |
| Martin Ratio | 1.76 | 1.40 |
| Ulcer Index | 11.66% | 12.74% |
| Daily Std Dev | 35.98% | 37.75% |
| Max Drawdown | -67.04% | -80.09% |
| Current Drawdown | -50.19% | -69.25% |
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
In the year-to-date period, CHIQ achieves a 19.53% return, which is significantly lower than BABA's 24.16% return. Over the past 10 years, CHIQ has outperformed BABA with an annualized return of 5.87%, while BABA has yielded a comparatively lower -1.65% annualized return. 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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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 2.38%, more than BABA's 1.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHIQ Global X MSCI China Consumer Discretionary ETF | 2.38% | 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 | 1.74% | 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 13.25% compared to Alibaba Group Holding Limited (BABA) at 11.09%. 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.