CNXT
VanEck ChiNext ETF·ARCA
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Key Stats
Assets Under Management
53.53MUSD
Fund Flows (1Y)
-5.40MUSD
Dividend Yield
0.18%
Discount/Premium to NAV
0.67%
Shares Outstanding
1.20M
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
Industrials
100.00%
Industrials
100.00%
Asset
Holdings
Symbol
Ratio
300750.SZ
18.33%
300308.SZ
10.31%
300502.SZ
7.67%
300059.SZ
5.68%
300274.SZ
4.68%
300476.SZ
3.59%
Symbol
Ratio
300124.SZ
2.71%
300760.SZ
2.29%
300394.SZ
1.87%
300014.SZ
1.79%
Top 10 Weight 58.92%
10 Total Holdings
See all holdings
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Seasonals
Volume Profile
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