VanEck ChiNext ETF (CNXT)
| Assets | $27.57M |
| Expense Ratio | 0.65% |
| PE Ratio | 28.09 |
| Shares Out | 950,000 |
| Dividend (ttm) | $0.04 |
| Dividend Yield | 0.14% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Frequency | n/a |
| Payout Ratio | 3.91% |
| Volume | 3,595 |
| Open | 28.86 |
| Previous Close | 28.33 |
| Day's Range | 28.86 - 29.05 |
| 52-Week Low | 19.91 |
| 52-Week High | 46.00 |
| Beta | 0.43 |
| Holdings | 101 |
| Inception Date | Jul 23, 2014 |
About CNXT
Fund Home PageThe VanEck ChiNext ETF (CNXT) is an exchange-traded fund that is based on the ChiNext - RMB index. The fund tracks a cap-weighted index of 100 small- and medium-size companies traded on the SME Board and ChiNext Board of the Shenzhen Stock Exchange. CNXT was launched on Jul 23, 2014 and is issued by VanEck.
Top 10 Holdings
52.05% of assets| Name | Symbol | Weight |
|---|---|---|
| Contemporary Amperex Technology Co., Limited | 300750 | 19.25% |
| East Money Information Co.,Ltd. | 300059 | 8.49% |
| Shenzhen Inovance Technology Co.,Ltd | 300124 | 3.81% |
| Shenzhen Mindray Bio-Medical Electronics Co., Ltd. | 300760 | 3.69% |
| Zhongji Innolight Co., Ltd. | 300308 | 3.60% |
| Eoptolink Technology Inc., Ltd. | 300502 | 3.30% |
| Sungrow Power Supply Co., Ltd. | 300274 | 3.00% |
| Wens Foodstuff Group Co., Ltd. | 300498 | 2.74% |
| Victory Giant Technology (HuiZhou)Co.,Ltd. | 300476 | 2.47% |
| EVE Energy Co., Ltd. | 300014 | 1.70% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.0401 | Dec 24, 2024 |
| Dec 20, 2021 | $4.4706 | Dec 27, 2021 |
| Dec 21, 2020 | $0.0038 | Dec 28, 2020 |
| Dec 23, 2019 | $0.135 | Dec 30, 2019 |
| Dec 18, 2017 | $0.065 | Dec 22, 2017 |
Performance
CNXT had a total return of 37.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.32%.
News
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China's Policy Measures: A Pivotal Week?
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China's Key Growth Indicators Continue To Present A Case For Further Policy Easing
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The Chinese Economy Is In Trouble, Here Are The Warning Signs
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China's Credit Activity Remained Weak In July
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China's Sluggish May Economic Data To Increase Calls For Rate Cuts
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China Accelerates Policy Support Rollout Amid Mixed Data
Key economic indicators are mixed in China and, in fact, were mostly weaker than expected last month. So, policymakers are now stepping up support for the property sector in particular.
China's May PMI Disappointed As Manufacturing Fell Back Into Contraction
Manufacturing sector PMI fell back into contraction amid weak orders and slowing production. Given a fairly strong positive correlation between the data, the disappointing PMI release sends a warning ...
Thinking Hard About The China Overproduction Narrative
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PBOC Held Rates Steady In March
The PBOC held the 1-year medium-term lending facility (MLF) rate at 2.5% in March. The PBOC remains on a dovish tilt, but depreciation pressure on the RMB limits room for monetary easing in China befo...
Emerging Markets Growth Remains Solid Amid Intensifying Inflationary Pressures
Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors.
Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets
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China: January 2024 CPI Inflation Fell To The Lowest Level Since 2009, Likely To Mark The Bottom
China's January CPI inflation was weaker than forecast at -0.8% YoY, which marks the lowest level since September 2009. We expect this to mark the bottom of the current cycle.
China Begins Year Of The Dragon With Weak Economic Momentum
The Chinese economy is stabilising, but the only fireworks will come from the new year celebrations, which begin on February 11, as momentum remains weak. China's GDP growth for the fourth quarter ros...
China Growth Could Slow Amid Limited Policy Options
While recent policy announcements and data surprises have generated some optimism, we maintain a cautious stance on China's economic prospects. We believe weak consumption trends, a downbeat labor mar...