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CNXT

VanEck ChiNext ETF·ARCA
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Key Stats

Assets Under Management
63.43MUSD
Fund Flow (1Y)
15.39MUSD
Dividend Yield
0.18%
Discount / Premium to NAV
-1.18%
Shares Outstanding
1.40M
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

Holdings

Symbol

Ratio

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300750.SZ

19.44%
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300308.SZ

9.46%
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300502.SZ

7.67%
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300059.SZ

4.81%
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300274.SZ

4.70%

Symbol

Ratio

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300476.SZ

3.08%
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300394.SZ

2.50%
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300124.SZ

2.50%
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300760.SZ

1.90%
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300498.SZ

1.77%

Top 10 Weight 57.83%

101 Total Holding

See all holdings

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Volume Profile

Trade Flow Insight

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