CHIX — Global X China Financials ETF
Data updated: 2024-04-01
CHIX — Global X China Financials ETF. China Small Cap Blend / Core Financials Equity · $19.84M AUM. Holdings, fees, performance and SEC filings.
CHIX Fund Overview
CHIX — Global X China Financials ETF is a US ETF managed by Global X Funds, categorised as China Small Cap Blend / Core Financials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Global X Funds
- Category: China Small Cap Blend / Core Financials Equity
- Assets under management: $19.84M
- 1-year return: -13.6%
- Ticker: CHIX
- SEC CIK: 0001432353
- SEC series ID: S000026985
- Share class ID: C000081220
CHIX Investment Objective and Strategy
Global X China Financials ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Global X Funds.
Investment objective
The Global X China Financials ETF (Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive China Financials Index (Underlying Index).
Principal investment strategy
The Fund invests at least 80% of its total assets in the securities of the Underlying Index and in ADRs and GDRs based on the securities in the Underlying Index. The Fund also invests at least 80% of its total assets in securities of financials companies that are domiciled in, principally traded in or whose revenues are primarily from China. For purposes of this policy, financials companies include those engaged in banking, lending, insurance, investments and/or financing. The Funds 80% investment policies are non-fundamental and require 60 days prior written notice to shareholders before they can be changed. The Underlying Index is designed to measure the equity performance of the investable universe of companies in the financials sector of the Chinese economy, as defined by Structured Solutions AG .
The Funds investment objective and Underlying Index may be changed without shareholder approval. The Underlying Index is sponsored by an organization (Index Provider) that is independent of the Fund and Global X Management Company LLC, the investment adviser for the Fund (Adviser). The Index Provider determines the relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Funds Index Provider is Structured Solutions AG. The Adviser uses a passive or indexing approach to try to achieve the Funds investment objective. Unlike many investment companies, the Fund does not try to beat the Underlying Index and does not seek temporary defensive positions when markets decline or appear overvalued. The Fund generally will use a replication strategy.
A replication strategy is an indexing strategy that involves investing in the securities of the Underlying Index in approximately the same proportions as in the Underlying Index. However, the Fund may utilize a representative sampling strategy with respect to the Underlying Index when a replication strategy might be detrimental to shareholders, such as when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to follow the Underlying Index, in instances in which a security in the Underlying Index becomes temporarily illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to the Fund but not the Underlying Index. Correlation: Correlation is the extent to which the values of different types of investments move in tandem with one another in response to changing economic and market conditions.
An index is a theoretical financial calculation, while the Fund is an actual investment portfolio. The performance of the Fund and the Underlying Index may vary somewhat due to transaction costs, asset valuations, foreign currency valuations, market impact, corporate actions (such as mergers and spin-offs), legal restrictions or limitations, illiquid or unavailable securities, and timing variances. The Adviser expects that, over time, the correlation between the Funds performance and that of the Underlying Index, before fees and expenses, will exceed 95%. A correlation percentage of 100% would indicate perfect correlation. If the Fund uses a replication strategy, it can be expected to have greater correlation to the Underlying Index than if it uses a representative sampling strategy. Industry Concentration Policy: The Fund concentrates its investments ( i.e ., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated.
CHIX Holdings
Top 10 holdings of Global X China Financials ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Ping An Insurance (Group) Company of China, Ltd. | 8.94% |
| Industrial And Commercial Bank Of China Limited | 8.92% |
| China Construction Bank Corporation | 8.55% |
| China Merchants Bank Co., Ltd. | 7.85% |
| Bank Of China Limited | 6.94% |
| China Life Insurance Company Limited | 3.77% |
| China Pacific Insurance (group) Co., Ltd. | 3.38% |
| Agricultural Bank Of China Limited | 2.91% |
| China Merchants Bank Co., Ltd. | 2.43% |
| Postal Savings Bank Of China Co., Ltd. | 2.10% |
CHIX Portfolio Allocation
Asset-class allocation of Global X China Financials ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.9% |
CHIX Performance
Total returns for CHIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -13.6% |
| 3 years (annualised) | -7.7% |
CHIX Risk Information
Risk metrics for CHIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.5%
CHIX Costs and Fees
CHIX costs about $66 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.66%
- Gross expense ratio: 0.66%
- Portfolio turnover: 38%
- Brokerage commissions: 2.55 bps of average net assets (SEC N-CEN)
CHIX Cashflows
Over the 12 months to 2024-01, Global X China Financials ETF had net outflows of $5.38M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-01 | $0 |
| 2023-12 | $0 |
| 2023-11 | $0 |
| 2023-10 | $0 |
| 2023-09 | $0 |
| 2023-08 | $0 |
CHIX Debt Constituents
No individual debt constituents are reported in Global X China Financials ETF's latest SEC N-PORT filing.
CHIX Prospectus and SEC Filings
Official Global X China Financials ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus supplement (497) — filed 2023-03-02
- Prospectus supplement (497) — filed 2022-03-01
- Prospectus supplement (497) — filed 2021-02-25
- Portfolio holdings (N-PORT) — filed 2024-04-01
- Portfolio holdings (N-PORT) — filed 2023-12-29
- Portfolio holdings (N-PORT) — filed 2023-09-29
- Annual census (N-CEN) — filed 2024-01-12
- Annual census (N-CEN) — filed 2023-01-17
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Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.