Sunday, August 2, 2015

2015-07 Relative Equity Performance

In July, CHIQ's 12 month performance declined further into negative territory at -9.26%.  CHIQ follows the consumer goods industry in China.  CHIM, an exchange traded fund that tracks the materials sector, also fell from its price reached last July.  It fell -5.96% over the last twelve months.

This is the first time since November, 2014 that both sectors have been in negative territory.  CHIM experienced its largest decline since May, 2014.