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About VanEck ChiNext ETF
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Inception date
Jul 23, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
ISIN
US92189F6271
CNXT is one of the more innovative China ETFs to launch in years. Its a highly niche-y ETF that targets 100 of the largest stocks listed on Shenzhens SME and ChiNext Boards, which cater to smaller- and medium-size enterprise companies. Many companies included in the index tilt toward tech and consumer-related companies and startups needing less stringent listing requirements. CNXT is part of a new class of China funds called RQFII ETFs, which directly hold mainland-listed shares through a quota system. Prior to Dec. 10, 2021, the fund was named VanEck Vectors ChinaAMC SME-ChiNext ETF and tracked the SME-ChiNext 100 Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Producer Manufacturing
Electronic Technology
Technology Services
Stocks91.89%
Producer Manufacturing34.95%
Electronic Technology26.04%
Technology Services14.07%
Health Technology6.71%
Process Industries4.59%
Commercial Services1.81%
Health Services1.08%
Consumer Durables1.06%
Consumer Non-Durables0.91%
Consumer Services0.68%
Bonds, Cash & Other8.11%
Cash8.11%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CNXT invests in stocks. The fund's major sectors are Producer Manufacturing, with 34.95% stocks, and Electronic Technology, with 26.04% of the basket. The assets are mostly located in the Asia region.
CNXT last dividends amounted to 0.04 USD. The year before, the issuer paid 4.47 USD in dividends, which shows a 11.05 K% decrease.
CNXT assets under management is 45.70 M USD. It's risen 8.31% over the last month.
CNXT fund flows account for −18.95 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, CNXT pays dividends to its holders with the dividend yield of 0.10%. The last dividend (Dec 24, 2024) amounted to 0.04 USD. The dividends are paid annually.
CNXT shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Jul 23, 2014, and its management style is Passive.
CNXT expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
CNXT follows the ChiNext Index - CNY. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CNXT invests in stocks.
CNXT price has fallen by −2.43% over the last month, and its yearly performance shows a 41.60% increase. See more dynamics on CNXT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −2.48% over the last month, have fallen by −2.48% over the last month, showed a 32.69% increase in three-month performance and has increased by 39.61% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −2.48% over the last month, have fallen by −2.48% over the last month, showed a 32.69% increase in three-month performance and has increased by 39.61% in a year.
CNXT trades at a premium (0.51%) meaning the ETF is trading at a higher price than the calculated NAV.