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.
