CNXT
VanEck ChiNext ETF
CNXT
VanEck ChiNext ETF
CNXT
VanEck ChiNext ETF
CNXT
VanEck ChiNext ETF
-
NAV$28.64
as of November 22, 2024 -
YTD RETURNS16.38%
as of November 22, 2024 -
Total Net Assets$38.66M
as of November 22, 2024 -
Gross Expense Ratio1.89%
-
Net Expense Ratio0.65%
-
Inception Date07/23/2014
Fund Description
VanEck ChiNext ETF (CNXT®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ChiNext Index (SZ988107), which tracks the performance of the 100 largest and most liquid stocks listed and trading on the ChiNext Market of the Shenzhen Stock Exchange. The ChiNext Index is comprised of China A-shares (“A-shares”).
Overview
Fund Highlights
- Innovative and entrepreneurial Chinese companies
Tracks the largest 100 names on the ChiNext Market
- Strategic Sector Focus
High exposure to sectors such as information technology, new materials and healthcare, with low exposure to state owned enterprises
- 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.