CHIQ vs. ISVBF

Last updated Apr 2, 2026

Compare and contrast key facts about Global X MSCI China Consumer Discretionary ETF (CHIQ) and iShares MSCI China A UCITS ETF (ISVBF).

CHIQ and ISVBF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. ISVBF is a passively managed fund by iShares that tracks the performance of the MSCI China A Inclusion Index. It was launched on Apr 8, 2015. Both CHIQ and ISVBF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

CHIQ vs. ISVBF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X MSCI China Consumer Discretionary ETF (CHIQ) and iShares MSCI China A UCITS ETF (ISVBF). The values are adjusted to include any dividend payments, if applicable.

CHIQ vs. ISVBF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CHIQ Global X MSCI China Consumer Discretionary ETF	-6.89%	13.69%	10.74%	-10.70%	-22.01%	-21.60%
ISVBF iShares MSCI China A UCITS ETF	-6.48%	30.64%	18.96%	-9.28%	-23.01%	-22.12%

Returns By Period

In the year-to-date period, CHIQ achieves a -6.89% return, which is significantly lower than ISVBF's -6.48% return.

CHIQ

• 1D: -0.40%
• 1M: -2.46%
• YTD: -6.89%
• 6M: -18.00%
• 1Y: -10.38%
• 3Y*: 1.51%
• 5Y*: -9.12%
• 10Y*: 7.25%

ISVBF

• 1D: 0.60%
• 1M: -4.98%
• YTD: -6.48%
• 6M: -13.49%
• 1Y: 6.38%
• 3Y*: 8.03%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CHIQ vs. ISVBF - Expense Ratio Comparison

CHIQ has a 0.65% expense ratio, which is higher than ISVBF's 0.40% expense ratio.

CHIQ

Global X MSCI China Consumer Discretionary ETF

ISVBF

iShares MSCI China A UCITS ETF

Return for Risk

CHIQ vs. ISVBF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CHIQ

CHIQ Risk / Return Rank: 5
CHIQ Sharpe Ratio Rank: 5
CHIQ Sortino Ratio Rank: 5
CHIQ Omega Ratio Rank: 5
CHIQ Calmar Ratio Rank: 5
CHIQ Martin Ratio Rank: 4

ISVBF

ISVBF Risk / Return Rank: 17
ISVBF Sharpe Ratio Rank: 16
ISVBF Sortino Ratio Rank: 17
ISVBF Omega Ratio Rank: 18
ISVBF Calmar Ratio Rank: 17
ISVBF Martin Ratio Rank: 17

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CHIQ vs. ISVBF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MSCI China Consumer Discretionary ETF (CHIQ) and iShares MSCI China A UCITS ETF (ISVBF). 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.

	CHIQ	ISVBF	Difference
Sharpe ratio Return per unit of total volatility	-0.38	0.20	-0.59
Sortino ratio Return per unit of downside risk	-0.36	0.49	-0.85
Omega ratio Gain probability vs. loss probability	0.95	1.07	-0.12
Calmar ratio Return relative to maximum drawdown	-0.47	0.33	-0.81
Martin ratio Return relative to average drawdown	-1.04	0.98	-2.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CHIQ vs. ISVBF - Sharpe Ratio Comparison

The current CHIQ Sharpe Ratio is -0.38, which is lower than the ISVBF Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of CHIQ and ISVBF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CHIQ	ISVBF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.38	0.20	-0.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	-0.16	+0.25

Correlation

The correlation between CHIQ and ISVBF is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CHIQ vs. ISVBF - Dividend Comparison

CHIQ's dividend yield for the trailing twelve months is around 1.59%, while ISVBF has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHIQ Global X MSCI China Consumer Discretionary ETF	1.59%	1.48%	2.65%	2.26%	0.38%	0.00%	0.11%	1.05%	2.71%	0.62%	1.51%	4.86%
ISVBF iShares MSCI China A UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CHIQ vs. ISVBF - Drawdown Comparison

The maximum CHIQ drawdown since its inception was -67.04%, which is greater than ISVBF's maximum drawdown of -53.78%. Use the drawdown chart below to compare losses from any high point for CHIQ and ISVBF.

Drawdown Indicators

	CHIQ	ISVBF	Difference
Max Drawdown Largest peak-to-trough decline	-67.04%	-53.78%	-13.26%
Max Drawdown (1Y) Largest decline over 1 year	-21.18%	-19.18%	-2.00%
Max Drawdown (5Y) Largest decline over 5 years	-59.95%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-67.04%	—	—
Current Drawdown Current decline from peak	-51.15%	-24.20%	-26.95%
Average Drawdown Average peak-to-trough decline	-30.39%	-33.12%	+2.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.66%	6.49%	+3.17%

Volatility

CHIQ vs. ISVBF - Volatility Comparison

The current volatility for Global X MSCI China Consumer Discretionary ETF (CHIQ) is 7.35%, while iShares MSCI China A UCITS ETF (ISVBF) has a volatility of 17.49%. This indicates that CHIQ experiences smaller price fluctuations and is considered to be less risky than ISVBF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHIQ	ISVBF	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.35%	17.49%	-10.14%
Volatility (6M) Calculated over the trailing 6-month period	16.54%	24.96%	-8.42%
Volatility (1Y) Calculated over the trailing 1-year period	27.25%	31.35%	-4.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.79%	30.03%	+7.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.40%	30.03%	+2.37%