CNXT
VanEck ChiNext ETF
CNXT tracks the ChiNext Index, which includes 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.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 155.9 M
ASSETS UNDER MGMT
65 bp
EXPENSES
Fund Basics
| Inception date | Jul 23, 2014 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ZHONGJI INNOLIGHT CO LTD-A | 16.5 % |
| CONTEMPORARY AMPEREX TECHN-A | 15.5 % |
| EOPTOLINK TECHNOLOGY INC., LTD. CLASS A | 10.4 % |
| SUNGROW POWER SUPPLY CO LT-A | 3.6 % |
| EAST MONEY INFORMATION CO-A | 3.6 % |
| VICTORY GIANT TECHNOLOGY -A | 3.4 % |
| SUZHOU TFC OPTICAL COMMUNI-A | 3.2 % |
| CHAOZHOU THREE-CIRCLE GROU-A | 2.6 % |
| SHENZHEN INOVANCE TECHNOLO-A | 2.2 % |
| HANGZHOU CHANGCHUAN TECHNOLOGY CO. LTD. | 1.5 % |
Constituent Breakdown
| Number of holdings | 101 |
| Herfindahl-Hirschman Index | 656 |
| Wgt avg mkt cap (mns) | $3,364 |
| Large cap (>$10bn) | 8.2% |
| Mid cap ($2-10bn) | 5.6% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 92.8% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
| CHINA | 93.4 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 32.7% | 121.7% | 58.5% | 27.0% | 2.2% | 5.9% | -- | 7.4% |
| Dividend Yield | 0.0% | 0.4% | 0.3% | 0.1% | 1.8% | 1.0% | -- | 0.9% |
| Total Returns | 32.7% | 122.1% | 58.8% | 27.1% | 4.1% | 6.9% | -- | 8.3% | Ann. Volatility | 29.5% | 30.6% | 44.4% | 39.1% | 35.2% | 31.6% | -- | 37.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.10 | 18% |
| MSCI EAFE | 0.88 | 19% |
| MSCI Emg Mkts | 0.91 | 35% |
Liquidity Measures
| Avg. volume (000) | 173 |
| ADV traded (mns) | $10 |
| Turnover | 6.4% |
| Avg. Bid/Ask (% of price) | 0.55% |
Technical Indicators
| 30d moving avg. (EMA) | $55.03 |
| Relative strength (RSI) | 53 |
| MACD/Signal | 0.30/0.87 |
| Bollinger Bands (Upper/Lower) | $59.18/$53.17 |
| Short interest (% of AUM) | 5.0% |
Distributions
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. CNXT |
Expenses vs. CNXT |
ALTAR Score™ vs. CNXT |
|---|
Risk and Returns: CNXT vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/16/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
2.4%
ALTAR SCORE™
1st
PERCENTILE
AVOID
ETFRC RATING
There are 213 funds in the Emerging Equity category with an average
ALTAR Score™ of 7.2% and a standard deviation
of 2.2%. CNXT's ALTAR Score™ is approximately -2.2 standard
deviations above the category average. This places CNXT in the 1st percentile
among funds in the category.
Sell-Side Consensus
$47.85
PRICE TARGET
-17.1%
UPSIDE
Bid/Ask Spreads
55 bp
AVG SPREAD
13 —
686 bp
RANGE