PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
CHIQ vs. ONLN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CHIQ and ONLN is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.7

Performance

CHIQ vs. ONLN - Performance Comparison

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

-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
13.16%
13.78%
CHIQ
ONLN

Key characteristics

Sharpe Ratio

CHIQ:

0.45

ONLN:

1.24

Sortino Ratio

CHIQ:

0.93

ONLN:

1.82

Omega Ratio

CHIQ:

1.11

ONLN:

1.21

Calmar Ratio

CHIQ:

0.26

ONLN:

0.43

Martin Ratio

CHIQ:

1.32

ONLN:

6.38

Ulcer Index

CHIQ:

12.67%

ONLN:

4.38%

Daily Std Dev

CHIQ:

37.29%

ONLN:

22.50%

Max Drawdown

CHIQ:

-67.04%

ONLN:

-71.77%

Current Drawdown

CHIQ:

-52.98%

ONLN:

-50.60%

Returns By Period

In the year-to-date period, CHIQ achieves a 12.83% return, which is significantly lower than ONLN's 26.71% return.


CHIQ

YTD

12.83%

1M

-0.86%

6M

11.06%

1Y

15.27%

5Y*

2.23%

10Y*

6.28%

ONLN

YTD

26.71%

1M

2.43%

6M

13.56%

1Y

24.60%

5Y*

5.22%

10Y*

N/A

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. ONLN - Expense Ratio Comparison

CHIQ has a 0.65% expense ratio, which is higher than ONLN's 0.58% expense ratio.


CHIQ
Global X MSCI China Consumer Discretionary ETF
Expense ratio chart for CHIQ: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
Expense ratio chart for ONLN: current value at 0.58% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.58%

Risk-Adjusted Performance

CHIQ vs. ONLN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MSCI China Consumer Discretionary ETF (CHIQ) and ProShares Online Retail ETF (ONLN). 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.


Sharpe ratio
The chart of Sharpe ratio for CHIQ, currently valued at 0.45, compared to the broader market0.002.004.000.451.24
The chart of Sortino ratio for CHIQ, currently valued at 0.93, compared to the broader market-2.000.002.004.006.008.0010.000.931.82
The chart of Omega ratio for CHIQ, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.001.111.21
The chart of Calmar ratio for CHIQ, currently valued at 0.26, compared to the broader market0.005.0010.0015.000.260.43
The chart of Martin ratio for CHIQ, currently valued at 1.32, compared to the broader market0.0020.0040.0060.0080.00100.001.326.38
CHIQ
ONLN

The current CHIQ Sharpe Ratio is 0.45, which is lower than the ONLN Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of CHIQ and ONLN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.45
1.24
CHIQ
ONLN

Dividends

CHIQ vs. ONLN - Dividend Comparison

CHIQ's dividend yield for the trailing twelve months is around 2.52%, more than ONLN's 0.20% yield.


TTM20232022202120202019201820172016201520142013
CHIQ
Global X MSCI China Consumer Discretionary ETF
2.52%2.26%0.38%0.00%0.11%1.04%2.71%0.62%1.51%4.86%2.08%0.94%
ONLN
ProShares Online Retail ETF
0.20%0.00%0.00%0.00%1.24%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

CHIQ vs. ONLN - Drawdown Comparison

The maximum CHIQ drawdown since its inception was -67.04%, smaller than the maximum ONLN drawdown of -71.77%. Use the drawdown chart below to compare losses from any high point for CHIQ and ONLN. For additional features, visit the drawdowns tool.


-60.00%-55.00%-50.00%-45.00%-40.00%JulyAugustSeptemberOctoberNovemberDecember
-52.98%
-50.60%
CHIQ
ONLN

Volatility

CHIQ vs. ONLN - Volatility Comparison

Global X MSCI China Consumer Discretionary ETF (CHIQ) has a higher volatility of 11.58% compared to ProShares Online Retail ETF (ONLN) at 6.83%. This indicates that CHIQ's price experiences larger fluctuations and is considered to be riskier than ONLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
11.58%
6.83%
CHIQ
ONLN
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab