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:
0.73
BABA:
1.85
CHIQ:
1.29
BABA:
2.60
CHIQ:
1.16
BABA:
1.32
CHIQ:
0.43
BABA:
1.01
CHIQ:
1.83
BABA:
5.31
CHIQ:
14.84%
BABA:
14.87%
CHIQ:
37.27%
BABA:
42.76%
CHIQ:
-67.04%
BABA:
-80.09%
CHIQ:
-47.07%
BABA:
-58.32%
Returns By Period
In the year-to-date period, CHIQ achieves a 14.70% return, which is significantly lower than BABA's 52.53% return. Over the past 10 years, CHIQ has outperformed BABA with an annualized return of 5.91%, while BABA has yielded a comparatively lower 4.92% annualized return.
CHIQ
14.70%
1.63%
-3.73%
28.34%
8.58%
5.91%
BABA
52.53%
-0.40%
14.61%
80.06%
-6.74%
4.92%
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Risk-Adjusted Performance
CHIQ vs. BABA — Risk-Adjusted Performance Rank
CHIQ
BABA
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 2.32%, more than BABA's 0.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHIQ Global X MSCI China Consumer Discretionary ETF | 2.32% | 2.66% | 2.26% | 0.38% | 0.00% | 0.11% | 1.04% | 2.71% | 0.62% | 1.51% | 4.86% | 2.08% |
BABA Alibaba Group Holding Limited | 0.51% | 0.78% | 1.29% | 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 9.35%, while Alibaba Group Holding Limited (BABA) has a volatility of 11.86%. 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.