CHIQ vs. KJD

Last updated Aug 5, 2026

CHIQ (Global X MSCI China Consumer Discretionary ETF) and KJD (KraneShares 2X Long JD Daily ETF) are both China Equities funds. CHIQ is passively managed, while KJD is actively managed. Their 0.70 correlation means they have sometimes moved together and sometimes differently. CHIQ charges 0.65%/yr vs 1.26%/yr for KJD.

Performance

CHIQ vs. KJD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X MSCI China Consumer Discretionary ETF (CHIQ) and KraneShares 2X Long JD Daily ETF (KJD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CHIQ achieves a -12.61% return, which is significantly lower than KJD's 23.81% 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%

KJD

• 1D: -0.45%
• 1M: 50.22%
• 6M: 32.20%
• YTD: 23.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CHIQ Global X MSCI China Consumer Discretionary ETF	$1.03M	$735.04K	$809.72K
KJD KraneShares 2X Long JD Daily ETF	$79.86K	$58.23K	$79.60K

CHIQ vs. KJD - Yearly Performance Comparison

	2026 (YTD)	2025
CHIQ Global X MSCI China Consumer Discretionary ETF	-12.61%	-5.58%
KJD KraneShares 2X Long JD Daily ETF	23.81%	-28.21%

Correlation

The correlation between CHIQ and KJD is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 15, 2025	0.70

Return for Risk

CHIQ vs. KJD — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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: 6
CHIQ Martin Ratio Rank: 6

KJD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CHIQ vs. KJD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MSCI China Consumer Discretionary ETF (CHIQ) and KraneShares 2X Long JD Daily ETF (KJD). 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	KJD	Difference
Sharpe ratio: Return per unit of total volatility	-0.52	—	—
Sortino ratio: Return per unit of downside risk	-0.61	—	—
Omega ratio: Gain probability vs. loss probability	0.93	—	—
Calmar ratio: Return relative to maximum drawdown	-0.34	—	—
Martin ratio: Return relative to average drawdown	-0.71	—	—

Drawdowns

CHIQ vs. KJD - Drawdown Comparison

The maximum CHIQ drawdown since its inception was -67.04%, which is greater than KJD's maximum drawdown of -50.81%. Use the drawdown chart below to compare losses from any high point for CHIQ and KJD.

Drawdown Indicators

	CHIQ	KJD	Difference
Max Drawdown Largest peak-to-trough decline	-67.04%	-50.81%	-16.23%
Max Drawdown (1Y) Largest decline over 1 year	-35.53%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-35.53%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-54.89%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-67.04%	—	—
Current Drawdown Current decline from peak	-54.15%	-17.31%	-36.84%
Average Drawdown Average peak-to-trough decline	-30.87%	-29.98%	-0.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.85%	—	—

Volatility

Volatility by Period

	CHIQ	KJD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.69%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.64%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.16%	60.65%	-37.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.29%	60.65%	-23.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.47%	60.65%	-28.18%

CHIQ vs. KJD - Expense Ratio Comparison

CHIQ has a 0.65% expense ratio, which is lower than KJD's 1.26% expense ratio.

Dividends

CHIQ vs. KJD - Dividend Comparison

CHIQ's dividend yield for the trailing twelve months is around 1.54%, while KJD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
KJD KraneShares 2X Long JD Daily 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%

Frequently Asked Questions

Can I hold both CHIQ and KJD in my portfolio?

CHIQ and KJD have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CHIQ or KJD?

On fees, CHIQ is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CHIQ or KJD?

CHIQ is cheaper with a 0.65% expense ratio, compared with 1.26% for KJD.

Which ETF pays a higher dividend yield, CHIQ or KJD?

CHIQ has the higher dividend yield at 1.54%, compared with 0.00% for KJD.

What is the main difference between CHIQ and KJD?

They also come from different issuers: Global X and KraneShares. Their fees differ too: 0.65% for CHIQ and 1.26% for KJD.