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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%

Asset

Holdings

Symbol

Ratio

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Contemporary Amperex Technology Co Ltd

17.56%
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Zhongji Innolight Co Ltd

8.96%
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Eoptolink Technology Inc Ltd

6.34%
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East Money Information Co Ltd

5.59%
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Sungrow Power Supply Co Ltd

4.07%
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Victory Giant Technology Huizhou Co Ltd

2.90%

Symbol

Ratio

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Shenzhen Inovance Technology Co Ltd

2.78%
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Shenzhen Mindray Bio-Medical Electronic

2.21%
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Suzhou Tfc Optical Communication Co Ltd

2.08%
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Wens Foodstuffs Group Co Ltd

1.68%

Top 10 Weight 54.17%

10 Total Holdings

See all holdings

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