Global X MSCI China Communication Services ETF (CHIC)
Global X MSCI China Communication Services ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $12.25, up 0.00% on the session, giving a market capitalisation of $5.0M. Its beta of 1.16 implies it has historically moved more than the broad market.
This ETF primarily allocates its assets, dedicating at least 80% of its total capital, to the direct securities and associated American and Global Depositary Receipts (ADRs and GDRs) of the companies found within its benchmark index. This underlying index is specifically designed to track the financial performance of firms operating in the communication services sector, selected from the broader MSCI China Index according to the index provider's classification system. Investors should note that this fund employs a non-diversified investment strategy.
Global X MSCI China Communication Services ETF is most often compared with the following Financial Services names: