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CNXT

GradeCNew York Stock Exchange Arca

VanEck ChiNext Innovators ETF

Countries & Regions · VanEck · Inception 2014-07-23 · SEC filings

$48.23−1.20 (−2.43%)

As of Sep 23, 2026, 3:09 PM EDT

Intraday session: down, 48 prints from 49.43 to 48.23. Range 48.16 to 48.55. Use the arrow keys to read each point.$48.30$48.40$48.5010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$107M
1Y return
+17.5%
Yield · Last 12 months
0.16%
Holdings
100
Volume · 30D
0.1M sh
NAV per share
$49.64
52W range
low $39.18high $62.59

The ETF.net CNXT Grade

C

54/ 100

Rank 16 of 30 in China⁠

Confidence High

Six-pillar profile for CNXT. Scores out of 100: Cost 55, Risk 40, Mission 61, Tradability 64, Holdings 36, Durability 72. Strongest: Durability (72). Weakest: Holdings (36). Leans toward Durability.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 54 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 55
    Category rank15/30 · top 50%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 61
    Category rank19/22 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 40
    Category rank22/30 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 64
    Category rank9/30 · top 30%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 36
    Category rank23/28 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 72
    Category rank10/30 · top 33%

Graded as of Sep 22, 2026

Our read on CNXT

ETF.net Research

CA pure Shenzhen play: CNXT tracks the ChiNext Index, the large and liquid companies on Shenzhen's ChiNext growth board, and has run that one mandate since 2014.

Stated mandate

CNXT seeks to track the price and yield performance of the ChiNext Index, which represents large and liquid companies listed on Shenzhen's ChiNext Market.

Why people hold it

  1. 01The mandate is one line: track the ChiNext Index, roughly 100 large, liquid names on Shenzhen's growth board. No manager discretion, no style drift.
  2. 02Launched in 2014, it has carried the same index through more than a decade of Chinese market swings. Long tenure for a single-country niche fund.
  3. 03The holdings sit onshore in Shenzhen, but the wrapper is an ordinary US-registered fund that trades on a US exchange like anything else in your account.
  4. 04Trading activity is moderate rather than thin, which is more than many single-country China niches can say.

Worth knowing

  1. 010.65% a year is above the typical index-tracking ETF fee. The access to a hard-to-reach corner of China is what the extra cost buys.
  2. 02One country, one exchange board, about 100 growth-oriented stocks. Moves are sharper than a broad global index, with no other market to cushion them.
  3. 03Cash comes back once or twice a year at most. This is a growth-board tracker, not an income engine.

CNXT Holdings

As of Sep 20, 2026, 6:07 AM
Asset class
Stocks
Holdings
100
Top-10 weight
55%
Largest holding
300750.SZ13.9%

Sectors

  • Technology54.7%
  • Industrials25.8%
  • Health Care5.7%
  • Materials5.6%
  • Financials4.2%
  • Cons. Staples2.1%
  • Communication1.1%
  • Consumer Discr.0.7%

Geography

  • China100.00%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001300750.SZContemporary Amperex Technology Co Ltd13.92%314,100$14M107
002300308.SZZhongji Innolight Co Ltd13.69%104,278$14M93
003300502.SZEoptolink Technology Inc Ltd9.31%149,896$10M78
004300059.SZEast Money Information Co Ltd4.06%1,542,500$4M59
005300394.SZSuzhou Tfc Optical Communication Co Ltd3.06%75,070$3M72
006300408.SZChaozhou Three-Circle Group Co Ltd2.80%150,300$3M63
007300476.SZVictory Giant Technology Huizhou Co Ltd2.38%73,300$2M63
008300274.SZSungrow Power Supply Co Ltd2.19%177,780$2M72
009300604.SZHangzhou Chang Chuan Technology Co Ltd2.11%54,400$2M58
010300124.SZShenzhen Inovance Technology Co Ltd1.81%241,300$2M75
011300760.SZShenzhen Mindray Bio-Medical Electronic1.66%72,900$2M65
012300857.SZSharetronic Data Technology Co Ltd1.49%38,067$2M50
013300498.SZWens Foodstuffs Group Co Ltd1.42%666,900$1M54
014301308.SZShenzhen Longsys Electronics Co Ltd1.36%27,896$1M50
015300014.SZEve Energy Co Ltd1.21%171,600$1M60

Showing 1–15 of 99 holdings

CNXT Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

CNXT$11,754
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. CNXT $11,754. SPY $11,723. Use the arrow keys to read each point.$8,987$12,130$15,274Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for CNXT. Periods over one year show the average yearly return.
PeriodCNXT
Year to date+12.9%
1 month−2.7%
3 months−20.6%
1 year+17.5%
3 years+24.8%per year
5 years+1.7%per year
10 years+5.2%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CNXT
YearReturn barCNXT
2026 YTD+12.9%
2025+59.3%
2024+12.4%
2023−21.5%
2022−35.6%
2021+9.0%
2020+63.3%

CNXT in the news

ETF.net Research hasn’t filed on CNXT yet — coverage lands here as it’s written.

CNXT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.16%Last 12 months
Payout per share
$0.08Last 12 months
Last payment
$0.08 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2017–2026

One bar per payment. 6 payments from 2017 to 2026 YTD. Dec 18, 2017 $0.07; Dec 23, 2019 $0.14; Dec 21, 2020 $0.0038; Dec 20, 2021 $4.47; Dec 23, 2024 $0.04; Dec 22, 2025 $0.08. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 22, 2025Dec 26, 2025$0.08
Dec 23, 2024Dec 24, 2024$0.04
Dec 20, 2021Dec 27, 2021$4.47
Dec 21, 2020Dec 28, 2020$0.0038
Dec 23, 2019Dec 30, 2019$0.14
Dec 18, 2017Dec 22, 2017$0.07

CNXT Risk

How much the fund’s monthly returns vary, scaled to a year.
39.2%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.58
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−61.1%
Trough Feb 2024
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.77
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

CNXT Cost

Expense ratio0.65%
  • The middle half of China funds
  • Median 0.65%

10 of the 28 China funds charge less.

CNXT costs $65.00 a year on $10,000. The median China fund costs $65.00.