Symbols

CNXT

VanEck ChiNext ETF·ARCA

--(--)

Key Stats

Assets Under Management

63.43MUSD

Fund Flow (1Y)

Dividend Yield

0.18%

Discount / Premium to NAV

Shares Outstanding

Expense Ratio

0.65%

About VanEck ChiNext ETF

Issuer

Van Eck Associates Corporation

Brand

VanEck

Home Page

https://www.vaneck.com/us/en/investments/chinext-etf-cnxt/overview/?redirectVE=generic

Inception Date

Jul 23, 2014

Structure

Open-Ended Fund

Index Tracked

ChiNext Index

Management Style

Passive

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.

CNXT is one of the more innovative China ETFs to launch in years. It's a highly niche-y ETF that targets 100 of the largest stocks listed on Shenzhen's 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.