CNXT
VanEck ChiNext ETF·NYSE
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Key Stats
Assets Under Management
66.14MUSD
Fund Flows (1Y)
17.74MUSD
Dividend Yield
0.17%
Discount/Premium to NAV
0.11%
Shares Outstanding
1.45M
Expense Ratio
0.65%
About VanEck ChiNext ETF
Issuer
Van Eck Associates Corporation
Brand
VanEck
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.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Extended Market
Niche
Broad-based
Strategy
Vanilla
Geography
China
Weighting Scheme
Market Cap
Selection Criteria
Market cap
Analysis
Sector
Technology
41.92%
Industrials
31.39%
Healthcare
8.55%
Financial Services
6.92%
Basic Materials
4.01%
Consumer Defensive
2.96%
Communication Services
2.95%
Consumer Cyclical
1.30%
Technology
41.92%
Industrials
31.39%
Healthcare
8.55%
Financial Services
6.92%
Basic Materials
4.01%
Consumer Defensive
2.96%
Communication Services
2.95%
Consumer Cyclical
1.30%
Asset
Holdings
Symbol
Ratio
300750.SZ
17.47%
300308.SZ
8.74%
300502.SZ
6.51%
300059.SZ
5.50%
300274.SZ
4.19%
-USD CASH-
3.74%
Symbol
Ratio
300476.SZ
2.86%
300124.SZ
2.77%
300760.SZ
2.18%
300394.SZ
2.16%
Top 10 Weight 56.12%
10 Total Holdings
See all holdings
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