China Energy ETF
This ETF is the Chinese energy ETF. Of course, speaking about energy the first thing that comes to mind is oil & gas. You will not be surprised to find indeed some large oil & gas companies in this China energy ETF.
But you will also find some electricity companies and there is also room for solar and wind energy companies. It will be obvious that an upcoming and fast growing economy like China is in need of ever larger supplies of energy, particularly for such a giant country as China.
This increasing demand for energy will take shape in a steady and easy upward way without many downturns. This China energy ETF therefore will suit the need of many long term investors.
Global X China Energy ETF
This Global X China Energy ETF is tracking the Solactive China Energy Total Return Index. More than 40 Chinese companies are included. China Petroleum & Chemica is the dominating one here with a share of 10%. Cnooc is second with a 9% share followed by Petrochina with a 7% share.
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Global X China Energy ETF info:
ETF provider: Global X
Exchange: NYSE Arca