Key stats
About Global X MSCI China Consumer Discretionary ETF
Home page
Inception date
Nov 30, 2009
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
CHIQ targets an increasingly popular investment theme within Chinathe consumer. While this vanilla fund provides a representative exposure to the consumer discretionary sector, it notably excludes small-caps and places position limits on the largest names. CHIQ includes all the major share classes: A, B, and H shares, red chips, P chips, and foreign listings. Additionally, the funds quarterly-rebalanced index uses a 10/50 capping methodology for its market-cap-weighting. Prior to December 6, 2018, CHIQ tracked an index of companies in both the consumer discretionary and consumer staples sectors.
Classification
What's in the fund
Exposure type
Consumer Durables
Retail Trade
Consumer Services
Producer Manufacturing
Stock breakdown by region
Top 10 holdings
Low Risk, High Returns ETF - CHIQPlease DYODD as usual as this writing is merely my opinion and is to be taken as purely educational or entertainment, if you like. Your money is your money and nobody should tells you what to do! Remember that !
Now, with the last hurdles that China is now working on - the reopening of China border
CHIQ - Triple Bottom Continuation IdeaCHIQ has formed some interesting structures within the dominant Fibonacci circle
Triple bottoms can be seen
Right now price can be seen to be in an area which could possibly be seen as a place for one of these triple bottoms to occur (in green bars pattern) leading to the climb out of 3.618
China's Consumer Discretionary ETFFrom the beginning of 2020, emerging markets, and specially China, had been really outperforming.
The sector has taken a 12% correction from its high on February 16th. Which was coincidental with the past sell signals from the drawn channel.
We have tested the 50sma, which has worked as the low
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.