CNXT
VanEck ChiNext ETF
CNXT
VanEck ChiNext ETF
-
NAV$29.97
as of February 21, 2025 -
YTD RETURNS7.90%
as of February 21, 2025 -
Total Net Assets$34.47M
as of February 21, 2025 -
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.
Performance
Fees
Holdings
Portfolio
Sector Weightings (%) as at 01/31/2025
-
Sector
% of Net Assets -
Industrials
35.93 -
Information Technology
26.58 -
Health Care
14.69 -
Financials
11.51 -
Materials
3.98 -
Consumer Staples
3.98 -
Communication Services
1.89 -
Consumer Discretionary
1.13 -
Other/Cash
0.29
Country Weightings (%) as at 01/31/2025
-
Country
% of Net Assets -
China
95.79 -
United Kingdom
3.92 -
Other/Cash
0.29
Distributions
Distribution History
| Year | Ex-date |
Record Date |
Payable date |
Dividend Income‡ |
Short-Term Capital Gains |
Long-Term Capital Gains |
Return of Capital |
Total Distributions |
|---|---|---|---|---|---|---|---|---|
| 2024 | 12/23/2024 | 12/23/2024 | 12/24/2024 | $ 0.0401 | -- | -- | -- | $ 0.04 |
| 2023 | 12/18/2023 | 12/19/2023 | 12/22/2023 | -- | -- | -- | -- | $ 0.00 |
| 2022 | 12/19/2022 | 12/20/2022 | 12/23/2022 | -- | -- | -- | -- | $ 0.00 |
| 2021 | 12/20/2021 | 12/21/2021 | 12/27/2021 | -- | -- | $ 3.7631 | $ 0.7075 | $ 4.47 |
| 2020 | 12/21/2020 | 12/22/2020 | 12/28/2020 | $ 0.0038 | -- | -- | -- | $ 0.00 |
| 2019 | 12/23/2019 | 12/24/2019 | 12/30/2019 | $ 0.1350 | -- | -- | -- | $ 0.14 |
| 2018 | 12/20/2018 | 12/21/2018 | 12/27/2018 | -- | -- | -- | -- | $ 0.00 |
| 2017 | 12/18/2017 | 12/19/2017 | 12/22/2017 | $ 0.0650 | -- | -- | -- | $ 0.07 |
| 2015 | 12/21/2015 | 12/23/2015 | 12/28/2015 | -- | -- | -- | -- | $ 0.00 |
| 2014 | 12/22/2014 | 12/24/2014 | 12/29/2014 | -- | -- | -- | -- | $ 0.00 |
‡All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant VanEck ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.
Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.
The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.