CXSE
WisdomTree China ex-State-Owned Enterprises Fund
WisdomTree China ex-State-Owned Enterprises Fund seeks to track the investment results of Chinese companies that are not state-owned enterprises, which is defined as government ownership of greater than 20%.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 372.3 M
ASSETS UNDER MGMT
32 bp
EXPENSES
Fund Basics
| Inception date | Sep 19, 2012 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| TENCENT HOLDINGS LTD | 9.9 % |
| ALIBABA GROUP HOLDING LTD. | 8.2 % |
| CONTEMPORARY AMPEREX TECHNOLOGY CO., LTD | 3.3 % |
| ZHONGJI INNOLIGHT CO., LTD. CLASS A | 2.9 % |
| PING AN INSURANCE (GROUP) COMPANY OF CHI | 2.3 % |
| PINDUODUO, INC. SPONSORED ADR CLASS A | 2.1 % |
| XIAOMI CORP. CLASS B | 2.0 % |
| MIDEA GROUP CO. LTD. CLASS A | 1.8 % |
| MEITUAN DIANPING | 1.7 % |
| WUXI APPTEC CO., LTD. CLASS A | 1.6 % |
Constituent Breakdown
| Number of holdings | 247 |
| Herfindahl-Hirschman Index | 213 |
| Wgt avg mkt cap (mns) | $103,156 |
| Large cap (>$10bn) | 71.4% |
| Mid cap ($2-10bn) | 16.2% |
| Small cap (<$2bn) | 1.9% |
| Developed mkts. | 4.9% |
| Emerging mkts. | 91.0% |
Sector Breakdown
Country Exposure
 |
CHINA | 84.2 % |
 |
HONG KONG | 6.4 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -12.4% | -21.2% | 2.9% | 5.9% | -8.0% | 2.9% | -- | -49.4% |
| Dividend Yield | 0.9% | 1.4% | 1.7% | 1.9% | 1.5% | 1.4% | -- | -1.7% |
| Total Returns | -11.5% | -19.8% | 4.7% | 7.8% | -6.6% | 4.3% | -- | -51.1% | Ann. Volatility | 21.3% | 21.4% | 28.1% | 28.0% | 31.7% | 28.8% | -- | 38.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.03 | 39% |
| MSCI EAFE | 0.81 | 36% |
| MSCI Emg Mkts | 0.62 | 54% |
Liquidity Measures
| Avg. volume (000) | 82 |
| ADV traded (mns) | $3 |
| Turnover | 0.7% |
| Avg. Bid/Ask (% of price) | 0.19% |
Technical Indicators
| 30d moving avg. (EMA) | $33.77 |
| Relative strength (RSI) | 31 |
| MACD/Signal | -1.07/-0.96 |
| Bollinger Bands (Upper/Lower) | $35.71/$30.91 |
| Short interest (% of AUM) | 0.3% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. CXSE |
Expenses vs. CXSE |
ALTAR Score™ vs. CXSE |
|---|---|---|---|---|
| FLCH | Franklin FTSE China ETF | 48.9% | -13 bp | +0.1% |
| MCHI | iShares MSCI China ETF | 44.5% | +27 bp | +1.7% |
| GXC | SPDR S & P China ETF | 40.6% | +27 bp | +0.6% |
| TCHI | iShares MSCI China Multisector Tech ETF | 37.2% | +27 bp | +1.2% |
| JCHI | JPMorgan Active China ETF | 35.7% | +33 bp | -1.8% |
| MCH | Matthews China Active ETF | 33.2% | +47 bp | -5.4% |
| FXI | iShares China Large-Cap ETF | 31.5% | +41 bp | +1.7% |
| KWEB | KraneShares CSI China Internet ETF | 31.3% | +37 bp | +8.0% |
| KTEC | KraneShares Hang Seng TECH Index ETF | 30.6% | +37 bp | +6.9% |
| BKF | iShares MSCI BIC ETF | 28.4% | +40 bp | -4.6% |
Risk and Returns: CXSE 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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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 11/4/2026
Peer Group Comparison
Sample data. Subscribe for access.
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.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
19.0%
ALTAR SCORE™
99th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 212 funds in the Emerging Equity category with an average
ALTAR Score™ of 8.1% and a standard deviation
of 2.3%. CXSE's ALTAR Score™ is approximately 4.8 standard
deviations above the category average. This places CXSE in the 99th percentile
among funds in the category.
Sell-Side Consensus
$45.61
PRICE TARGET
+45.7%
UPSIDE