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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
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    CNI6109
  • Index Rebalancing

    Semi-Annually

 
as of 08/04/20

  • 30-Day SEC Yield1

    0.05%
  • Total Net Assets

    $51.2M
  • Number of Holdings

    100
  • Options

    Available
  • Gross Expense Ratio2

    1.08%
  • Net Expense Ratio/TER2

    0.65%
  • Distribution Frequency

    Annual

Fundamentals
as of 06/30/20

  • Weighted Average Market Cap

    $18.4B
  • Price/Earnings Ratio
    (Last 12 Months)*

    36.50
  • Price/Book Ratio
    (Last 12 Months)*

    5.83
*A weighted harmonic average is used to calculate this metric. Price/Book Ratio is the price of a security divided by the book value per share of the security. Price/Earnings Ratio is the price of a security divided by the last twelve months earnings per share of the security.

Market Capitalization (%)
as of 06/30/20

  • Capitalization

    % of Net
    Assets ($)
  • Large (>$5.0B)

    93.0%
  • Mid ($1.0 - $5.0B)

    6.6%
  • Small (<$1.0B)

    0.0%
This breakdown represents what percentage of the ETF's assets represent large/mid/small-sized companies. The market capitalization of an individual, publicly traded company is calculated by multiplying the company's stock price by the total number of its shares outstanding.

Country Weightings (%) as of 06/30/20

  • Country

    % of Net Assets
  • China

    99.18
  • United States

    0.44
  • Other/Cash

    0.38

Portfolio Composition (%)
as of 08/03/20

  • % of Net Assets
  • Stocks

    99.91
  • Bonds

    0.00
  • Other

    0.00
  • Cash

    0.09

Sector Weightings (%) as of 06/30/20

  • Sector

    % of Net Assets
  • Information Technology

    31.1
  • Health Care

    20.9
  • Industrials

    13.0
  • Consumer Staples

    10.2
  • Financials

    7.8
  • Communication Services

    6.7
  • Consumer Discretionary

    5.0
  • Materials

    4.4
  • Real Estate

    0.4
  • Utilities

    0.2
  • Other/Cash

    0.4

Currency Exposure (%)
as of 06/30/20

  • China Renminbi

    99.62
  • Other/Cash

    0.38

3-YR Risk Measures
as of 05/31/20

  • Beta vs. S&P 500 Index

    0.72
  • Correlation vs. S&P 500 Index

    0.49
  • Volatility (Standard Deviation)

    24.54
  • Sharpe Ratio

    -0.02

Source: VanEck, FactSet.

Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the ETF performance and the index performance. Volatility is the annualized standard deviation of the ETF's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the ETF's return less the risk free rate divided by the standard deviation. See S&P 500 Index definition.6