CNXtrackers MSCI All China Equity ETF
CN Fund Description
CN tracks a broad, cap-weighted index that's inclusive of all Chinese shares, regardless of their exchange listing location.
CN Factset Analytics Insight
CN captures large- and midcap stocks across all Chinese share classes — including A-shares, B-shares, H-shares, Red Chips, P-chips and N-shares — in one ETF wrapper. It accesses 2 key share classes indirectly. First, literal N-shares Chinese firms with primary listings in New York — are out-of-bounds following an index change on Nov. 30 2015 to the MSCI China All Shares Index. However, N-share names (including Alibaba and Baidu) are now included in MSCI’s broader EM universe and are accessed via depository receipts traded in China. Second, CN gets exposure to China’s restricted A-share market — a hefty chunk of the index’s weighting — indirectly by holding, other Xtracker ETFs that invests in A-Shares directly, such as ASHR and ASHS with different construction methodologies than MSCI China A sub-index, which thus could pose tracking difficulties. Since CN isn’t an RQFII ETF, it doesn’t have a specific quota, although ASHR and ASHS have limits that change from time to time.
CN MSCI ESG Analytics Insight
Xtrackers MSCI All China Equity ETF has an MSCI ESG Fund Rating of B based on a score of 2.69 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Xtrackers MSCI All China Equity ETF ranks in the 5th percentile within its peer group and in the 19th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
CN MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
CN Summary Data
CN Portfolio Data
CN Index Data
CN Portfolio Management
CN Tax Exposures
CN Fund Structure
CN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of CN. CN is rated a 1 out of 5.
CN Sector/Industry Breakdown
CN Top 10 Holdings[View All]
CN Economic Development
CN Performance Statistics
CN MSCI ESG Ratings
CN Benchmark Comparison Summary
CN Benchmark Comparison Market Cap Size