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 | 1.42% | -3.10% |
1Y Return | 0.37% | -8.09% |
3Y Return (Ann) | -18.91% | -31.13% |
5Y Return (Ann) | 1.64% | -16.48% |
Sharpe Ratio | 0.08 | -0.23 |
Daily Std Dev | 29.69% | 34.98% |
Max Drawdown | -67.04% | -80.09% |
Current Drawdown | -57.74% | -76.00% |
Correlation
The correlation between CHIQ and BABA is 0.72, 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 1.42% return, which is significantly higher than BABA's -3.10% 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 2.23%, more than BABA's 1.33% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Global X MSCI China Consumer Discretionary ETF | 2.23% | 2.26% | 0.38% | 0.00% | 0.11% | 1.05% | 2.71% | 0.62% | 1.51% | 4.86% | 2.08% | 0.94% |
Alibaba Group Holding Limited | 1.33% | 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
The current volatility for Global X MSCI China Consumer Discretionary ETF (CHIQ) is 6.39%, while Alibaba Group Holding Limited (BABA) has a volatility of 7.94%. 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.