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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 (SZ399611), 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

      Bank of New York Mellon
    • Index Ticker

      SZ399611
    • Index Rebalancing

      Semi-Annually
  •  
    as of 05/26/17

    • 30-Day SEC Yield1

      -0.49%
    • Total Net Assets

      $23.3M
    • Number of Holdings

      101
    • Options

      Available
    • Gross Expense Ratio2

      1.16%
    • Net Expense Ratio/TER2

      0.81%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/15/2017
  • 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

      SZ399611
    • NAV

      CNXTNV
    • Intraday NAV (IIV)4

      CNXTIV
    • Shares Outstanding

      800,000
    • Estimated Cash

      CNXTEU
    • Total Cash

      CNXTTCA
    • CUSIP

      92189F627
    • ISIN

      US92189F6271
    Source: Bloomberg
  • Fees and Expenses2

    • Management Fee

      0.50%
    • Other Expenses

      0.66%
    • Gross Expense Ratio

      1.16%
    • Fee Waivers and
      Expense Reimbursement

      -0.35%
    • Net Expense Ratio/TER2

      0.81%
    2Expenses for CNXT are capped contractually at 0.78% until at least May 1, 2018. Cap excludes certain expenses, such as interest.
  • Prices as of 05/26/17

    NAV/
    Last 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
    NAV
    Chart
    CNXT $29.12
    $29.21
    7,301
    3,069
    -$0.15 / -0.52%
    $-0.25 / -0.83%
    -0.3%
    +1.3%
    $0.08
    0.28%
  • View All IndicesView All ETFsPerformance History: Average Annual Total Returns* (%)

    1 MO3 MOYTD1 YR3 YR5 YR10 YRLIFE
    07/23/14
    CNXT (NAV)-1.991.411.20-9.88------6.72
    CNXT (Share Price)-1.331.472.84-10.12------6.86
    SZ399611 (Index)-1.561.611.52-9.8510.078.03--9.94
    Performance Differential (NAV - Index)-0.43-0.20-0.32-0.03-------3.22
    Quarter End as of 03/31/17
    1 MO3 MOYTD1 YR3 YR5 YR10 YRLIFE
    07/23/14
    CNXT (NAV)0.203.253.25-11.58------7.73
    CNXT (Share Price)0.504.234.23-12.16------7.61
    SZ399611 (Index)0.143.133.13-10.9110.259.29--10.91
    Performance Differential (NAV - Index)0.060.120.12-0.67-------3.18
  • Daily HoldingsTop 10 Holdings (%)  as of 04/30/17

    Total Holdings: 101
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Guangdong Wens Foodstuffs Group Co Ltd
    300498 CH
    292,240
    1,352,6755.72
    Hangzhou Hikvision Digital Technology C
    002415 CH
    189,500
    1,003,8014.25
    Kangde Xin Composite Material Group Co
    002450 CH
    230,095
    663,8572.81
    Jiangsu Yanghe Brewery Joint-Stock Co L
    002304 CH
    52,938
    613,8922.60
    Suning Commerce Group Co Ltd
    002024 CH
    368,237
    539,7472.28
    Leshi Internet Information & Technology
    300104 CH
    111,348
    495,1992.09
    Beijing Originwater Technology Co Ltd
    300070 CH
    150,963
    476,4472.02
    Beijing Sanju Environmental Protection
    300072 CH
    82,999
    450,7351.91
    Bank Of Ningbo Co Ltd
    002142 CH
    169,840
    433,2811.83
    Tianqi Lithium Industries Inc
    002466 CH
    61,500
    429,6821.82
    Top 10 Total (%)27.33
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%) as of 04/30/17

    • Country

      % of Net Assets
    • CHINA

      100.78
    • Other/Cash

      -0.78
  • Sector Weightings (%) as of 04/30/17

    • Sector

      % of Net Assets
    • Information Technology

      34.8
    • Industrials

      15.9
    • Materials

      11.9
    • Consumer Discretionary

      11.0
    • Consumer Staples

      9.6
    • Health Care

      8.8
    • Financials

      6.1
    • Energy

      1.2
    • Real Estate

      0.8
    • Utilities

      0.7
    • Other/Cash

      -0.8