The index’s price-to-cash flow ratio of 6.28 is also comparable to that found on the S&P China BMI Index, GXC’s underlying index.

CHXF’s other large sector weights include 15.25 to industrials, 14.6% to telecom and 11.7% to staples, indicating it will take some combination of those groups and energy stocks to drive the fund higher assuming China ETFs rebound in earnest in the latter half of this year.

WisdomTree China Dividend ex-Financials Fund

 

ETF Trends editorial team contributed to this post.