WisdomTree China ex-State-Owned Enterprises Fund (CXSE)
| Assets | $403.12M |
| Expense Ratio | 0.32% |
| PE Ratio | 16.07 |
| Shares Out | 12.90M |
| Dividend (ttm) | $0.42 |
| Dividend Yield | 1.31% |
| Ex-Dividend Date | Sep 25, 2024 |
| Payout Ratio | 20.88% |
| 1-Year Return | +16.01% |
| Volume | 36,598 |
| Open | 32.22 |
| Previous Close | 32.54 |
| Day's Range | 32.10 - 32.42 |
| 52-Week Low | 23.29 |
| 52-Week High | 39.71 |
| Beta | 0.41 |
| Holdings | 203 |
| Inception Date | Sep 19, 2012 |
About CXSE
Fund Home PageThe WisdomTree China ex-State-Owned Enterprises Fund (CXSE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of Chinese companies that are not state-owned, defined as government ownership of less than 20%. CXSE was launched on Sep 19, 2012 and is issued by WisdomTree.
Top 10 Holdings
41.02% of assets| Name | Symbol | Weight |
|---|---|---|
| Tencent Holdings Limited | 0700 | 10.03% |
| Alibaba Group Holding Limited | BABAF | 8.86% |
| Meituan | 3690 | 4.44% |
| PDD Holdings Inc. | PDD | 3.75% |
| Contemporary Amperex Technology Co., Limited | 300750 | 3.48% |
| Ping An Insurance (Group) Company of China, Ltd. | 601318 | 3.23% |
| JD.com, Inc. | 9618 | 2.18% |
| Midea Group Co., Ltd. | 000333 | 1.81% |
| Ping An Insurance (Group) Company of China, Ltd. | PIAIF | 1.77% |
| NetEase, Inc. | NETTF | 1.47% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2024 | $0.135 | Sep 27, 2024 |
| Jun 25, 2024 | $0.285 | Jun 27, 2024 |
| Dec 22, 2023 | $0.125 | Dec 28, 2023 |
| Sep 25, 2023 | $0.105 | Sep 28, 2023 |
| Jun 26, 2023 | $0.250 | Jun 29, 2023 |
| Dec 23, 2022 | $0.04229 | Dec 29, 2022 |
News
China ETFs Get New Life as Beijing Prioritizes Economy
The economy of China remains in a tenuous spot. But Beijing's renewed, overt emphasis on shoring up the world's second-largest has been a boon for previously downtrodden China stocks and related ETFs.
China Needs to Do More to Sustain Equity Rally, Says Expert
Following a scorching rally last week, the WisdomTree China ex-State-Owned Enterprises Fund (CXSE) tacked on another 1.84% on volume that was about 7x the daily average on Monday. Making that gain all...
China Stocks, ETFs in Style Again
Last week, China stocks and related ETFs delivered scintillating performances. That was due largely to fiscal and monetary measures that show Beijing is serious about propping up the its economy.
China's Policy Measures: A Pivotal Week?
China's policymakers have announced a significant package of easing measures designed to lift China from a state of entrenched economic weakness. The reception from global markets has been very positi...
China's Data Dump Shows That Time Is Running Out To Achieve This Year's Growth Target
Data largely came in weaker than already cautious forecasts, and with a less supportive base effect, we will need to see a significant stimulus push to reach this year's growth target. Looking at the ...
China Will Struggle To Hit Its 5% Growth Target This Year
Momentum in the Chinese economy has softened in the past few months as pessimism becomes increasingly entrenched. That suggests further supportive policy measures are needed.
Chinese Equities: How Investors Can Unlock The Power Of Dividends
Chinese companies are being encouraged to return cash to shareholders - and are finding good reasons to do so. Regulators are encouraging companies to focus on shareholder returns, and changing macroe...
China's Stalling Credit Market Signals an Era Of Stagnation
The latest figures published by the People's Bank of China show that credit and liquidity are stalling as demand for new loans declines. Deteriorating confidence in China's prospects explains why hous...
China's Key Growth Indicators Continue To Present A Case For Further Policy Easing
Data came in generally in line or slightly weaker than forecasts, as weak confidence continued to depress investment and consumption. New home prices fell by -0.65% MoM in July, compared to a -0.67% M...
The Chinese Economy Is In Trouble, Here Are The Warning Signs
China has been hit with two major crises as their financial and real estate sectors collapse simultaneously. Deflation, unemployment, divestiture, and lowered consumption are affecting all levels of s...
China's Credit Activity Remained Weak In July
New aggregate financing and loans both missed forecasts again in July amid high real interest rates and limited borrowing appetite. New RMB loans fell into contraction at RMB 770.8bn, lowering the yea...
China's Sluggish May Economic Data To Increase Calls For Rate Cuts
The People's Bank of China kept the one-year medium-term lending facility rate unchanged at 2.5% today, in line with market expectations. We believe that in conjunction with today's data releases and ...
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
Concerns about “overcapacity” arise primarily for goods linked to high-wage jobs, not for low-wage industries like clothing or toys. China sees its success as a result of a system that blends state co...
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
China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singa...
Spotting Capitulation In 'Uninvestable' China, More Momentum Needed For CXSE
Major ETFs tracking mainland shares in China have experienced significant declines due to pressure from the country's authoritative regime. WisdomTree China ex-State-Owned Enterprises Fund offers expo...
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...