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CNXT
VanEck Vectors ChinaAMC SME-ChiNext ETF

Fund Description

VanEck Vectors® ChinaAMC SME-ChiNext ETF (CNXT®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the SME-ChiNext 100 Index (CNI6109), which tracks the performance of the 100 largest and most liquid China A-share stocks listed and trading on the Small and Medium Enterprise ("SME") Board and the ChiNext Board of the Shenzhen Stock Exchange.

 
 

  • Fund Ticker

    CNXT
  • Exchange

    NYSE Arca
  • Commencement

    07/23/2014
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    CNI6109
  • Index Rebalancing

    Semi-Annually

 
as of 04/09/20

  • 30-Day SEC Yield1

    0.21%
  • Total Net Assets

    $25.5M
  • Number of Holdings

    100
  • Options

    Available
  • Gross Expense Ratio2

    1.33%
  • Net Expense Ratio/TER2

    0.65%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/18/2020

Key Points

  • Primarily Offers Exposure to Privately Owned Small- and Medium-Sized Enterprises (SMEs)
    Non-government owned small- and medium-sized enterprises have driven the majority of recent technological innovation and economic growth in China.

  • Consumer-Driven, "New Economy" Sector Focus
    New Economy sectors such as information technology, consumer discretionary and staples, and health care, are well-represented in the Fund's underlying index.

  • Historically High ROE May Support Growth Potential 
    Since 2011, the underlying index has had historically high Return on Equity (ROE) compared to some China A-share small-cap benchmarks, which may support growth.

Trading Information

  • Fund Ticker

    CNXT
  • Index Total Return Ticker

    CNI6109
  • NAV

    CNXTNV
  • Intraday NAV (IIV)4

    CNXTIV
  • Shares Outstanding

    850,000
  • Estimated Cash

    CNXTEU
  • Total Cash

    CNXTTCA
  • CUSIP

    92189F627
  • ISIN

    US92189F6271
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.83%
  • Gross Expense Ratio

    1.33%
  • Fee Waivers and
    Expense Reimbursement

    -0.68%
  • Net Expense Ratio/TER2

    0.65%
2Expenses for CNXT are capped contractually at 0.65% until May 1, 2020. Cap excludes acquired fund fees and expenses, trading expenses, taxes and extraordinary expenses.

Prices as of 04/09/20

NAV/
Market Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change
NAV/
Last Price
Premium/
Discount
Prem/Discount
Distribution Charts
NAV &
Prem/Discount
History
30-Day
Median
Bid Ask
Spread
NAV
Chart
CNXT $29.98
$30.20
25,478
8,716
-$0.02 / -0.06%
$0.32 / +1.07%
+0.56%
+1.55%
$0.22
0.75%
--

Premium/Discount History as of 04/09/20

Calendar Year 2019 2Q 2019 3Q 2019 4Q 2019 1Q 2020 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 89 10 13 19 20
CNXT Days closed at NAV 5 1 3 1 3
Days closed at a discount 158 52 48 44 39

Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
07/23/14
CNXT (NAV) -12.71 -5.95 -5.95 -3.29 -2.19 -7.98 -- 2.38
CNXT (Share Price) -10.79 -5.75 -5.75 -2.90 -2.09 -8.00 -- 2.38
CNI6109 (Index) -10.20 -1.20 -1.20 1.98 1.09 -4.68 -- 5.62
Performance Differential (NAV - Index) -2.51 -4.75 -4.75 -5.27 -3.28 -3.30 -- -3.24
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
07/23/14
CNXT (NAV) -12.71 -5.95 -5.95 -3.29 -2.19 -7.98 -- 2.38
CNXT (Share Price) -10.79 -5.75 -5.75 -2.90 -2.09 -8.00 -- 2.38
CNI6109 (Index) -10.20 -1.20 -1.20 1.98 1.09 -4.68 -- 5.62
Performance Differential (NAV - Index) -2.51 -4.75 -4.75 -5.27 -3.28 -3.30 -- -3.24

Top 10 Holdings (%) as of 02/29/20 Daily Holdings

Total Holdings: 100
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
OTHER/CASH
--
--
74,949 0.25
ZHEJIANG NHU CO LTD
002001 CH
80,170
278,974 0.91
HUALAN BIOLOGICAL ENGINEERING INC
002007 CH
55,390
331,210 1.09
HAN'S LASER TECHNOLOGY INDUSTRY GROUP C
002008 CH
59,900
333,590 1.09
TRANSFAR ZHILIAN CO LTD
002010 CH
86,700
78,263 0.26
AVIC ELECTROMECHANICAL SYSTEMS CO LTD
002013 CH
124,100
138,511 0.45
SUNING.COM CO LTD
002024 CH
236,338
317,419 1.04
FOCUS MEDIA INFORMATION TECHNOLOGY CO L
002027 CH
760,260
589,099 1.93
ZHEJIANG SUPOR CO LTD
002032 CH
11,123
117,946 0.39
MEINIAN ONEHEALTH HEALTHCARE HOLDINGS C
002044 CH
175,816
334,257 1.10
Top 10 Total (%) 8.51
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 03/31/20

  • Country

    % of Net Assets
  • China

    99.86
  • Other/Cash

    0.14

Sector Weightings (%) as of 03/31/20

  • Sector

    % of Net Assets
  • Information Technology

    28.4
  • Health Care

    19.9
  • Industrials

    12.5
  • Consumer Staples

    12.4
  • Financials

    8.9
  • Communication Services

    6.6
  • Consumer Discretionary

    5.7
  • Materials

    4.6
  • Real Estate

    0.5
  • Utilities

    0.4
  • Other/Cash

    0.1