CNXTVanEck 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 04/16/21
-
30-Day SEC Yield1
-0.09% -
Total Net Assets
$44.5M -
Number of Holdings
98 -
Options
Available -
Gross Expense Ratio2
1.08% -
Net Expense Ratio/TER2
0.65% -
Distribution Frequency
Annual
Key Points
- Consumer-Driven, "New Economy" Sector Focus
New Economy sectors such as information technology, consumer discretionary, consumer staples and health care, are well-represented in the Fund's underlying index.
- 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.
- Historically High ROE May Support Growth Potential
The underlying index has historically had a higher average Return on Equity (ROE) compared to China A-share small-cap benchmarks.
Trading Information
-
Fund Ticker
CNXT -
Index Total Return Ticker
CNI6109 -
NAV
CNXTNV -
Intraday NAV (IIV)4
CNXTIV -
Shares Outstanding
1,000,000 -
Estimated Cash
CNXTEU -
Total Cash
CNXTTCA -
CUSIP
92189F627 -
ISIN
US92189F6271
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
0.58% -
Gross Expense Ratio
1.08% -
Fee Waivers andExpense Reimbursement
-0.43% -
Net Expense Ratio/TER2
0.65%
Investment Professionals
Peter Liao, CFA
- Portfolio Manager and Head of Equity ETFs
- Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
- Joined VanEck in 2005
- CFA charterholder; member of the CFA Society New York
- BA, Mathematics and Economics, New York University
Guo Hua (Jason) Jin
- Portfolio Manager and Analyst for Equity ETFs
- Joined VanEck in 2007
- Prior to his current role, held a portfolio administration position at VanEck
- Previously, Portfolio Analyst at Evaluation Associates
- BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
Prices as of 04/16/21
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) | -8.85 | -8.59 | -8.59 | 59.61 | 8.39 | 5.72 | -- | 9.41 |
CNXT (Share Price) | -8.55 | -7.25 | -7.25 | 60.70 | 8.27 | 5.79 | -- | 9.52 |
CNI6109 (Index) | -9.06 | -7.93 | -7.93 | 60.01 | 10.60 | 8.05 | 27.87 | 12.39 |
Performance Differential (NAV - Index) | 0.21 | -0.66 | -0.66 | -0.40 | -2.21 | -2.33 | -- | -2.98 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 07/23/14 |
|
---|---|---|---|---|---|---|---|---|
CNXT (NAV) | -8.85 | -8.59 | -8.59 | 59.61 | 8.39 | 5.72 | -- | 9.41 |
CNXT (Share Price) | -8.55 | -7.25 | -7.25 | 60.70 | 8.27 | 5.79 | -- | 9.52 |
CNI6109 (Index) | -9.06 | -7.93 | -7.93 | 60.01 | 10.60 | 8.05 | 27.87 | 12.39 |
Performance Differential (NAV - Index) | 0.21 | -0.66 | -0.66 | -0.40 | -2.21 | -2.33 | -- | -2.98 |
Top 10 Holdings (%) as of 03/31/21 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares |
Market Value (US$) |
% of Net Assets |
|
---|---|---|---|---|---|
CONTEMPORARY AMPEREX TECHNOLOGY CO LTD |
300750 CH
|
64,800
|
3,217,679 | 7.19 | |
EAST MONEY INFORMATION CO LTD |
300059 CH
|
425,098
|
1,777,396 | 3.97 | |
MUYUAN FOODS CO LTD |
002714 CH
|
106,600
|
1,632,983 | 3.65 | |
SHENZHEN MINDRAY BIO-MEDICAL ELECTRONIC |
300760 CH
|
26,200
|
1,602,952 | 3.58 | |
LUXSHARE PRECISION INDUSTRY CO LTD |
002475 CH
|
274,982
|
1,427,443 | 3.19 | |
BYD CO LTD |
002594 CH
|
52,222
|
1,324,672 | 2.96 | |
SF HOLDING CO LTD |
002352 CH
|
101,900
|
1,264,865 | 2.83 | |
BANK OF NINGBO CO LTD |
002142 CH
|
211,232
|
1,254,914 | 2.80 | |
CHONGQING ZHIFEI BIOLOGICAL PRODUCTS CO |
300122 CH
|
38,946
|
1,030,608 | 2.30 | |
AIER EYE HOSPITAL GROUP CO LTD |
300015 CH
|
111,511
|
1,012,122 | 2.26 | |
Top 10 Total (%) | 34.73 |
Country Weightings (%) as of 03/31/21
-
Country
% of Net Assets -
■
China
100.07 -
■
Other/Cash
-0.07
Sector Weightings (%) as of 03/31/21
-
Sector
% of Net Assets -
■
Information Technology
24.8 -
■
Health Care
20.9 -
■
Industrials
17.0 -
■
Consumer Staples
11.1 -
■
Financials
8.9 -
■
Materials
5.9 -
■
Consumer Discretionary
5.8 -
■
Communication Services
5.4 -
■
Real Estate
0.3 -
■
Other/Cash
-0.1