CNXTVanEck ChiNext ETF
CNXT Fund Description
CNXT tracks a cap-weighted index of 100 small- and medium-size companies traded on the SME Board and ChiNext Board of the Shenzhen Stock Exchange.
CNXT Factset Analytics Insight
CNXT is one of the more innovative China ETFs to launch in years. It’s a highly niche-y ETF that targets 100 of the largest stocks listed on Shenzhen’s SME and ChiNext Boards, which cater to smaller- and medium-size enterprise companies. Many companies included in the index tilt toward tech and consumer-related companies and startups needing less stringent listing requirements. CNXT is part of a new class of China funds called RQFII ETFs, which directly hold mainland-listed shares through a quota system. Prior to Dec. 10, 2021, the fund was named VanEck Vectors ChinaAMC SME-ChiNext ETF and tracked the SME-ChiNext 100 Index.
CNXT MSCI ESG Analytics Insight
VanEck ChiNext ETF has an MSCI ESG Fund Rating of B based on a score of 2.63 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. VanEck ChiNext ETF ranks in the 3th percentile within its peer group and in the 10th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
CNXT 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.
CNXT Summary Data
CNXT Portfolio Data
CNXT Index Data
CNXT Portfolio Management
CNXT Tax Exposures
CNXT Fund Structure
CNXT Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of CNXT. CNXT is rated a 4 out of 5.
CNXT Sector/Industry Breakdown
CNXT Top 10 Holdings[View All]
CNXT Economic Development
CNXT Performance Statistics
CNXT MSCI ESG Ratings
CNXT Benchmark Comparison Summary
CNXT Benchmark Comparison Market Cap Size