CHIQ vs. MAGC
Compare and contrast key facts about Global X MSCI China Consumer Discretionary ETF (CHIQ) and Roundhill China Magnificent Seven ETF (MAGC).
CHIQ and MAGC 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. MAGC is an actively managed fund by Roundhill. It was launched on Oct 3, 2024.
Performance
CHIQ vs. MAGC - Performance Comparison
Loading graphics...
CHIQ vs. MAGC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CHIQ Global X MSCI China Consumer Discretionary ETF | -6.51% | 13.69% | -16.07% |
MAGC Roundhill China Magnificent Seven ETF | -12.21% | 16.35% | -14.54% |
Returns By Period
In the year-to-date period, CHIQ achieves a -6.51% return, which is significantly higher than MAGC's -12.21% return.
CHIQ
- 1D
- 3.43%
- 1M
- -2.74%
- YTD
- -6.51%
- 6M
- -17.09%
- 1Y
- -9.66%
- 3Y*
- 1.64%
- 5Y*
- -9.04%
- 10Y*
- 7.29%
MAGC
- 1D
- 2.62%
- 1M
- -0.97%
- YTD
- -12.21%
- 6M
- -24.11%
- 1Y
- -18.76%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CHIQ vs. MAGC - Expense Ratio Comparison
CHIQ has a 0.65% expense ratio, which is higher than MAGC's 0.59% expense ratio.
Return for Risk
CHIQ vs. MAGC — Risk / Return Rank
CHIQ
MAGC
CHIQ vs. MAGC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI China Consumer Discretionary ETF (CHIQ) and Roundhill China Magnificent Seven ETF (MAGC). 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 | MAGC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.36 | -0.61 | +0.25 |
Sortino ratioReturn per unit of downside risk | -0.32 | -0.72 | +0.39 |
Omega ratioGain probability vs. loss probability | 0.96 | 0.92 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | -0.46 | -0.69 | +0.23 |
Martin ratioReturn relative to average drawdown | -1.02 | -1.52 | +0.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| CHIQ | MAGC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.36 | -0.61 | +0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.24 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.23 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | -0.25 | +0.34 |
Correlation
The correlation between CHIQ and MAGC is 0.90, 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.
Dividends
CHIQ vs. MAGC - Dividend Comparison
CHIQ's dividend yield for the trailing twelve months is around 1.58%, less than MAGC's 4.67% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHIQ Global X MSCI China Consumer Discretionary ETF | 1.58% | 1.48% | 2.65% | 2.26% | 0.38% | 0.00% | 0.11% | 1.05% | 2.71% | 0.62% | 1.51% | 4.86% |
MAGC Roundhill China Magnificent Seven ETF | 4.67% | 4.10% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CHIQ vs. MAGC - Drawdown Comparison
The maximum CHIQ drawdown since its inception was -67.04%, which is greater than MAGC's maximum drawdown of -28.90%. Use the drawdown chart below to compare losses from any high point for CHIQ and MAGC.
Loading graphics...
Drawdown Indicators
| CHIQ | MAGC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.04% | -28.90% | -38.14% |
Max Drawdown (1Y)Largest decline over 1 year | -21.18% | -28.90% | +7.72% |
Max Drawdown (5Y)Largest decline over 5 years | -59.95% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -67.04% | — | — |
Current DrawdownCurrent decline from peak | -50.95% | -26.23% | -24.72% |
Average DrawdownAverage peak-to-trough decline | -30.39% | -13.68% | -16.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.58% | 13.24% | -3.66% |
Volatility
CHIQ vs. MAGC - Volatility Comparison
The current volatility for Global X MSCI China Consumer Discretionary ETF (CHIQ) is 8.38%, while Roundhill China Magnificent Seven ETF (MAGC) has a volatility of 9.34%. This indicates that CHIQ experiences smaller price fluctuations and is considered to be less risky than MAGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| CHIQ | MAGC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.38% | 9.34% | -0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 16.59% | 18.38% | -1.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.25% | 30.93% | -3.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.80% | 34.73% | +3.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.40% | 34.73% | -2.33% |