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Launched · SEC filings

VanEck ChiNext Innovators ETF

CNXTNYSE ArcaVanEckC

$35.19+0.38 (+1.09%)

At close: Nov 2, 2026, 4:00 PM ET

C53/ 100

Rank 14 of 30 in China

C53/100Rank 14 of 30inChina
Intraday session: up, 79 prints from 34.81 to 35.19. Range 35.15 to 35.69. Use the arrow keys to read each point.35.0035.4035.6010 AM12 PM2 PM4 PM
Expense ratio
0.65%*
Fund size
$63M
1Y total return
−19.0%
Yield · Last 12 months
0.23%
Holdings
98
Avg volume · 30D
86.5K sh
52W range
low $34.55high $62.59
Launched
Filings
SEC EDGAR

*After a fee waiver that ends May 1, 2027. Without it: 1.00%.

The ETF.net CNXT Grade

C

Score 53 out of 100

Category
China⁠
Rank
14 of 30
Six-pillar profile for CNXT. Scores out of 100: Cost 53, Risk 33, Mission 59, Tradability 64, Holdings 44, Durability 71. Strongest: Durability (71). Weakest: Risk (33). Leans toward Durability.

Score 53 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.
    C53 out of 100
    Rank 12 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.
    D33 out of 100
    Rank 22 of 30

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B64 out of 100
    Rank 8 of 30

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C44 out of 100
    Rank 19 of 29

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A71 out of 100
    Rank 11 of 30

Our read on CNXT

ETF.net Research

In short

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

  • The mandate is one line: track the ChiNext Index, roughly 100 large, liquid names on Shenzhen's growth board. No manager discretion, no style drift.
  • Launched 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.
  • The 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.
  • Trading activity is moderate rather than thin, which is more than many single-country China niches can say.

Worth knowing

  • 0.65% 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.
  • One country, one exchange board, about 100 growth-oriented stocks. Moves are sharper than a broad global index, with no other market to cushion them.
  • Cash comes back once or twice a year at most. This is a growth-board tracker, not an income engine.

CNXT Holdings

Holdings pillarC44 out of 100Rank 19 of 29 in China
Asset class
Stocks
Holdings
98
Top-10 weight
52%
Largest holding
300750.SZ13.8%

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 valueHeld by ETFs
1300750.SZContemporary Amperex Technology Co Ltd13.80%263,100$9.04M108
2300308.SZZhongji Innolight Co Ltd11.65%87,478$7.64M92
3300502.SZEoptolink Technology Inc Ltd6.56%125,496$4.3M74
4300059.SZEast Money Information Co Ltd5.31%1,291,400$3.48M61
5300124.SZShenzhen Inovance Technology Co Ltd2.63%202,300$1.72M74
6300760.SZShenzhen Mindray Bio-Medical Electronic2.50%61,000$1.64M67
7300408.SZChaozhou Three-Circle Group Co Ltd2.44%125,800$1.6M60
8300394.SZSuzhou Tfc Optical Communication Co Ltd2.34%63,170$1.53M71
9300274.SZSungrow Power Supply Co Ltd2.30%149,080$1.5M76
10300476.SZVictory Giant Technology Huizhou Co Ltd2.26%61,400$1.48M64
11300498.SZWens Foodstuffs Group Co Ltd2.02%558,400$1.33M54
12300604.SZHangzhou Chang Chuan Technology Co Ltd1.89%46,000$1.24M59
13300014.SZEve Energy Co Ltd1.51%143,700$990K60
14300033.SZHithink Royalflush Information Network1.32%28,760$866K62
15300433.SZLens Technology Co Ltd1.19%195,200$783K53

Showing 1–15 of 98 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$8,097
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. CNXT $8,097. SPY $11,199. Use the arrow keys to read each point.$8,000$10,000$12,000$14,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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−20.5%
1 month−22.7%
3 months−27.2%
1 year−19.0%
3 yearsper year+12.0%
5 yearsper year−6.4%
10 yearsper year+1.8%

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−20.5%
2025+59.3%
2024+12.4%

CNXT in the news

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 30, 2026.
0.23%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

$10,000 in CNXT 10 years ago paid $1,489 in dividends.

CNXT Risk

Risk pillarD33 out of 100Rank 22 of 30 in China
How much the fund’s monthly returns vary, scaled to a year.
42.0%
Annualised · 36 months to Oct 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.
0.36
vs 3-month T-bills · to Oct 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.

FMP measures it over up to five years of monthly returns.

CNXT Cost

Compare CNXT and FLCH

Overpaying vs FLCH, cheapest in China

$8,765

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CNXT 0.65%

    $12,717

  • FLCH 0.19% Cheapest

    $3,952

$10,000
30 years

Cost over time

  • CNXT 0.65%
  • FLCH 0.19%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530CNXT $12,717FLCH $3,952

Year by year

YearCNXTFLCHOverpaying
10$1,163$347$816
20$4,440$1,351$3,089
30$12,717$3,952$8,765
How the 0.65% is worked out

Full fee 1.00%− waiver 0.35%= you pay 0.65%

The waiver ends May 1, 2027. After that the fee is 1.00% unless VanEck renews it. Source: prospectus, Apr 2026.

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