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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
  • Commencement

    07/23/2014
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    Bank of New York Mellon
  • Index Ticker

    CNI6109
  • Index Rebalancing

    Semi-Annually

 
as of 08/20/19

  • 30-Day SEC Yield1

    0.32%
  • Total Net Assets

    $27.4M
  • Number of Holdings

    100
  • Options

    Available
  • Gross Expense Ratio2

    1.33%
  • Net Expense Ratio/TER2

    0.65%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/20/2019

Key Points

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.
Consumer-Driven, "New Economy" Sector Focus
New Economy sectors such as information technology, consumer discretionary and staples, and health care, are well-represented in the Fund's underlying index.
Historically High ROE May Support Growth Potential 
Since 2011, the underlying index has had historically high Return on Equity (ROE) compared to some China A-share small-cap benchmarks, which may support growth.
 

Trading Information

  • Fund Ticker

    CNXT
  • Index Total Return Ticker

    CNI6109
  • NAV

    CNXTNV
  • Intraday NAV (IIV)4

    CNXTIV
  • Shares Outstanding

    1,050,000
  • Estimated Cash

    CNXTEU
  • Total Cash

    CNXTTCA
  • CUSIP

    92189F627
  • ISIN

    US92189F6271
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.83%
  • Gross Expense Ratio

    1.33%
  • Fee Waivers and
    Expense Reimbursement

    -0.68%
  • Net Expense Ratio/TER2

    0.65%
2Expenses for CNXT are capped contractually at 0.65% until May 1, 2020. Cap excludes acquired fund fees and expenses, trading expenses, taxes and extraordinary expenses.

Prices as of 08/20/19

NAV/
Last Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change
NAV/
Last Price
Premium/
Discount
Prem/Discount
Distribution Charts
NAV &
Prem/Discount
History
NAV
Chart
CNXT $26.12
$26.10
9,951
3,558
-$0.25 / -0.94%
$-0.16 / -0.61%
+24.53%
+24.63%
$-0.02
-0.08%

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) 2.51 -4.34 26.37 -5.83 -6.99 0.36 -- 1.46
CNXT (Share Price) 1.86 -4.12 25.55 -7.95 -7.00 0.14 -- 1.30
CNI6109 (Index) 3.41 -3.25 28.31 -3.49 -4.60 3.07 -- 4.20
Performance Differential (NAV - Index) -0.90 -1.09 -1.94 -2.34 -2.39 -2.71 -- -2.74
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
07/23/14
CNXT (NAV) 5.12 -11.23 23.27 -11.65 -8.56 -- -- 0.98
CNXT (Share Price) 5.26 -11.00 23.26 -12.06 -8.40 -- -- 0.95
CNI6109 (Index) 4.77 -11.17 24.08 -10.87 -6.50 2.66 -- 3.56
Performance Differential (NAV - Index) 0.35 -0.06 -0.81 -0.78 -2.06 -- -- -2.58

Top 10 Holdings (%) as of 07/31/19 Daily Holdings

Total Holdings: 100
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
Wens Foodstuffs Group Co Ltd
300498 CH
330,800
1,937,017 6.96
Hangzhou Hikvision Digital Technology C
002415 CH
301,295
1,333,533 4.79
East Money Information Co Ltd
300059 CH
441,375
923,331 3.32
Luxshare Precision Industry Co Ltd
002475 CH
271,877
845,333 3.04
Jiangsu Yanghe Brewery Joint-Stock Co L
002304 CH
47,738
799,645 2.87
Bank Of Ningbo Co Ltd
002142 CH
216,332
736,734 2.65
Contemporary Amperex Technology Co Ltd
300750 CH
64,400
704,371 2.53
Focus Media Information Technology Co L
002027 CH
949,060
692,280 2.49
Iflytek Co Ltd
002230 CH
135,150
639,096 2.30
Muyuan Foodstuff Co Ltd
002714 CH
57,500
637,408 2.29
Top 10 Total (%) 33.24
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 07/31/19

  • Country

    % of Net Assets
  • China

    99.85
  • Other/Cash

    0.15

Sector Weightings (%) as of 07/31/19

  • Sector

    % of Net Assets
  • Information Technology

    26.4
  • Health Care

    16.2
  • Consumer Staples

    13.7
  • Industrials

    13.4
  • Financials

    10.2
  • Consumer Discretionary

    8.2
  • Materials

    5.8
  • Communication Services

    4.9
  • Real Estate

    0.7
  • Utilities

    0.2
  • Other/Cash

    0.2