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Launched · SEC filings

VanEck ChiNext Innovators ETF

CNXTNYSE ArcaC

$42.52+0.16 (+0.38%)

At close: Oct 13, 2026, 4:00 PM

C54/ 100

Rank 15 of 30 in China

C54/100Rank 15 of 30inChina
Intraday session: up, 62 prints from 42.36 to 42.52. Range 42.31 to 42.64. Use the arrow keys to read each point.42.3042.4042.6010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$83M
1Y total return
+6.1%
Yield · Last 12 months
0.19%
Holdings
99
Avg volume · 30D
0.1M sh
NAV per share
$42.63
52W range
low $39.18high $62.59
Launched
Filings
SEC EDGAR

The ETF.net CNXT Grade

C

Score 54 out of 100

Category
China⁠
Rank
15 of 30
Six-pillar profile for CNXT. Scores out of 100: Cost 57, Risk 41, Mission 59, Tradability 61, Holdings 38, Durability 72. Strongest: Durability (72). Weakest: Holdings (38). Leans toward Durability.

Score 54 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B57 out of 100
    Rank 11 of 30

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B59 out of 100
    Rank 18 of 22

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C41 out of 100
    Rank 21 of 30

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B61 out of 100
    Rank 9 of 30

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D38 out of 100
    Rank 21 of 28

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A72 out of 100
    Rank 10 of 30

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 Oct 13, 2026
Asset class
Stocks
Holdings
99
Top-10 weight
60%
Largest holding
300750.SZ14.8%

Sectors

  • Technology53.1%
  • Industrials25.4%
  • Health Care5.9%
  • Financials5.3%
  • Materials4.2%
  • Consumer Staples2.4%
  • Communication2.1%
  • Consumer Discretionary1.6%

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 Ltd14.80%284,900$13M107
002300308.SZZhongji Innolight Co Ltd12.76%94,678$11M93
003300502.SZEoptolink Technology Inc Ltd8.76%135,896$7M76
004—-Cny Cash-7.68%43,999,582$7M5
005300059.SZEast Money Information Co Ltd4.38%1,398,900$4M59
006300394.SZSuzhou Tfc Optical Communication Co Ltd2.79%68,270$2M71
007300408.SZChaozhou Three-Circle Group Co Ltd2.66%136,300$2M61
008300476.SZVictory Giant Technology Huizhou Co Ltd2.36%66,500$2M62
009300274.SZSungrow Power Supply Co Ltd2.27%161,380$2M73
010300604.SZHangzhou Chang Chuan Technology Co Ltd1.96%49,200$2M57
011300124.SZShenzhen Inovance Technology Co Ltd1.93%218,900$2M75
012300760.SZShenzhen Mindray Bio-Medical Electronic1.86%66,100$2M64
013300498.SZWens Foodstuffs Group Co Ltd1.57%604,900$1M52
014300857.SZSharetronic Data Technology Co Ltd1.40%34,467$1M48
015300014.SZEve Energy Co Ltd1.39%155,600$1M58

Showing 1–15 of 99 holdings

CNXT Performance

Launched Jul 23, 2014

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

CNXT$10,611
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. CNXT $10,611. SPY $12,044. Use the arrow keys to read each point.$9,296$12,700$16,104Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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−3.2%
1 month−10.9%
3 months−23.2%
1 year+6.1%
3 yearsper year+18.8%
5 yearsper year−1.3%
10 yearsper year+3.5%

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−3.2%
2025+59.3%
2024+12.4%
2023−21.5%
2022−35.6%
2021+9.0%
2020+63.3%

CNXT in the news

Filtered to CNXT · China

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 Oct 12, 2026.
0.19%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.
39.5%
Annualised · 36 months to Sep 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.
0.55
vs 3-month T-bills · to Sep 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%

9 of the 29 China funds charge less.

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

Other funds in China

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