Global X MSCI China Materials ETF chart

Last update: 2022-12-30
Investment Backtesting

Systematic investment

48.36 %

Momentum strategy

45.8 %

Buy the dip strategy

21.02 %
Key statistics and financials
Three year average return 20.27%
YTD return -0.63%
Beta 3Y 1.07
Total Assets 9.49M
Annual report expense ratio 0.66%

Company description

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 underlying index tracks the performance of companies in the MSCI China Index (the "parent index") that are classified in the materials sector, as defined by the index provider. The fund is non-diversified.

Sector: N/A - Industry: N/A

Insider Transactions

Here are the insider transactions of stock shares related to Global X MSCI China Materials ETF:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page

Investment strategy backtesting

These are the result of three automatic investment systems applied to Global X MSCI China Materials ETF. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.

Systematic investment results on Global X MSCI China Materials ETF

Here is the result of two systematic investment strategies applied to Global X MSCI China Materials ETF. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Global X MSCI China Materials ETF

The following chart shows the equity curve of the two systematic investment strategies applied to Global X MSCI China Materials ETF:

Global X MSCI China Materials ETF automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 48.36% on the backtest period.

Performance at glance

Performance

48.36 %

Latent gain

963.22 $

Invested capital

1991.73 $

Annualized return

11.68 %
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Momentum strategy results on Global X MSCI China Materials ETF

This is the result of two momentum investment strategies applied to Global X MSCI China Materials ETF. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Global X MSCI China Materials ETF

The following chart shows all the entries opened by the momentum investment system on Global X MSCI China Materials ETF:

Global X MSCI China Materials ETF momentum entries
  • The first momentum investment strategy would give 45.8% of return on Global X MSCI China Materials ETF. That represents 2513.74$ of latent gain with 5488.15$ of employed capital.
  • The second momentum investment strategy would give 54.24% of return on Global X MSCI China Materials ETF. That represents 1765.67$ of latent gain with 3255.13$ of employed capital.
Performance at glance (1Q Momentum)

Performance

45.8 %

Latent gain

2513.74 $

Invested capital

5488.15 $

Annualized return

9.82 %
Performance at glance (2Q Momentum)

Performance

54.24 %

Latent gain

1765.67 $

Invested capital

3255.13 $

Annualized return

14.82 %

Momentum equity curve on Global X MSCI China Materials ETF

The following chart shows the equity curve of the two momentum strategies applied to Global X MSCI China Materials ETF:

Global X MSCI China Materials ETF momentum equity

Note: the dividends potentially given by Global X MSCI China Materials ETF are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.

Employed capital on Global X MSCI China Materials ETF

The following chart shows the employed capital evolution of the two momentum strategies on Global X MSCI China Materials ETF since the beginning:

Global X MSCI China Materials ETF

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.

Buy the dip strategy result on Global X MSCI China Materials ETF

Buy the dip entry openings on Global X MSCI China Materials ETF

Global X MSCI China Materials ETF

The performance achieved by the robo-advisor on Global X MSCI China Materials ETF is 21.02%. That represents 372.41$ of latent gain with 1771.89$ of employed capital. The following chart shows Global X MSCI China Materials ETF stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Global X MSCI China Materials ETF, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

21.02 %

Latent gain

372.41 $

Invested capital

1771.89 $

Annualized return

9.82 %

Equity curve of the strategy applied to Global X MSCI China Materials ETF

The following chart shows the result of the investment strategy applied to Global X MSCI China Materials ETF:

Global X MSCI China Materials ETF

Note: the dividends potentially given by Global X MSCI China Materials ETF are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.

Employed capital on Global X MSCI China Materials ETF

The following chart shows the employed capital evolution since the beginning of the investment strategy on Global X MSCI China Materials ETF:

Global X MSCI China Materials ETF

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.

Investment strategies comparison on Global X MSCI China Materials ETF

In this section, I will compare the three previous investment strategies applied to Global X MSCI China Materials ETF.

Equity curve comparison on Global X MSCI China Materials ETF

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Global X MSCI China Materials ETF investment strategy comparison

Employed capital comparison on Global X MSCI China Materials ETF

Global X MSCI China Materials ETF investment comparison

Performance comparison on Global X MSCI China Materials ETF

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 48.36% 963.22$ 1991.73$ 11.68%
Momentum 1 quarter 45.8% 2513.74$ 5488.15$ 11.74%
Momentum 2 quarters 54.24% 1765.67$ 3255.13$ 14.82%
Non-directional 21.02% 372.41$ 1771.89$ 9.82%
Annualized return comparison

Automatic investment

11.68 %

Momentum 1Q

14.82 %

Momentum 2Q

14.82 %

Non-directional

9.82 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Global X MSCI China Materials ETF:

Positive correlations

Most correlated stocks this year

  • GLOBAL X MSCI CHINA MATERIALS ETF

    • Most correlated stocks last 3 months

  • NEOVASC INC
  • GLOBAL X MSCI CHINA MATERIALS ETF

    • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Global X MSCI China Materials ETF and the other stocks. There may be false positives or some missing correlated stocks. If the price of Global X MSCI China Materials ETF does not vary for 36 weeks, the correlation calculation result will be wrong.

    Company information
    Company name Global X MSCI China Materials ETF
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    FullTime employees
    Industry
    Sector
    Exchange ARCX
    Ticker CHIM
    Market

    Global X MSCI China Materials ETF ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown

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