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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%

Asset

Holdings

Symbol

Ratio

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300750.SZ

18.33%
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300308.SZ

10.31%
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300502.SZ

7.67%
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300059.SZ

5.68%
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300274.SZ

4.68%
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300476.SZ

3.59%

Symbol

Ratio

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300124.SZ

2.71%
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300760.SZ

2.29%
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300394.SZ

1.87%
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300014.SZ

1.79%

Top 10 Weight 58.92%

10 Total Holdings

See all holdings

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