ICHN.AS vs. CHIQ
Compare and contrast key facts about iShares MSCI China UCITS ETF (ICHN.AS) and Global X MSCI China Consumer Discretionary ETF (CHIQ).
ICHN.AS and CHIQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ICHN.AS is a passively managed fund by iShares that tracks the performance of the MSCI China NR USD. It was launched on Jun 20, 2019. 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. Both ICHN.AS and CHIQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ICHN.AS or CHIQ.
Key characteristics
| ICHN.AS | CHIQ | |
|---|---|---|
| YTD Return | 2.10% | -6.29% |
| 1Y Return | -2.95% | -9.46% |
| 3Y Return (Ann) | -13.29% | -16.63% |
| 5Y Return (Ann) | -4.81% | 0.36% |
| Sharpe Ratio | -0.15 | -0.41 |
| Daily Std Dev | 22.55% | 27.15% |
| Max Drawdown | -62.67% | -67.04% |
| Current Drawdown | -54.39% | -60.95% |
Correlation
The correlation between ICHN.AS and CHIQ is 0.81, 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
ICHN.AS vs. CHIQ - Performance Comparison
In the year-to-date period, ICHN.AS achieves a 2.10% return, which is significantly higher than CHIQ's -6.29% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ICHN.AS vs. CHIQ - Expense Ratio Comparison
ICHN.AS has a 0.40% expense ratio, which is lower than CHIQ's 0.65% expense ratio.
Risk-Adjusted Performance
ICHN.AS vs. CHIQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China UCITS ETF (ICHN.AS) and Global X MSCI China Consumer Discretionary ETF (CHIQ). 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
ICHN.AS vs. CHIQ - Dividend Comparison
ICHN.AS has not paid dividends to shareholders, while CHIQ's dividend yield for the trailing twelve months is around 3.04%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICHN.AS iShares MSCI China 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% |
CHIQ Global X MSCI China Consumer Discretionary ETF | 3.04% | 2.26% | 0.38% | 0.00% | 0.11% | 1.05% | 2.71% | 0.62% | 1.51% | 4.86% | 2.08% | 0.94% |
Drawdowns
ICHN.AS vs. CHIQ - Drawdown Comparison
The maximum ICHN.AS drawdown since its inception was -62.67%, smaller than the maximum CHIQ drawdown of -67.04%. Use the drawdown chart below to compare losses from any high point for ICHN.AS and CHIQ. For additional features, visit the drawdowns tool.
Volatility
ICHN.AS vs. CHIQ - Volatility Comparison
The current volatility for iShares MSCI China UCITS ETF (ICHN.AS) is 4.07%, while Global X MSCI China Consumer Discretionary ETF (CHIQ) has a volatility of 7.25%. This indicates that ICHN.AS experiences smaller price fluctuations and is considered to be less risky than CHIQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.