Global X MSCI China Utilities ETF (CHIU)
Global X MSCI China Utilities ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $12.94, up 0.00% on the session, giving a market capitalisation of $2.1M. Its beta of 0.81 implies it has historically moved less than the broad market.
The Global X MSCI China Utilities ETF (CHIU) commits a minimum of 80% of its total capital to investments found within its benchmark index, which includes both the direct securities and their associated American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). This benchmark is designed to track the financial performance of Chinese corporations that are categorized within the utilities sector. These utility companies are specifically identified from the broader MSCI China Index, based on the classification criteria established by the index's administrator. It is important to note that this fund operates with a non-diversified investment strategy.
Global X MSCI China Utilities ETF is most often compared with the following Financial Services names: