Vaneck Chinext Etf Profile
| CNXT Etf | USD 29.52 0.28 0.96% |
Performance10 of 100
| Odds Of DistressLess than 31
|
VanEck ChiNext is selling for under 29.52 as of the 30th of November 2024; that is 0.96 percent increase since the beginning of the trading day. The etf's last reported lowest price was 29.15. VanEck ChiNext has about a 31 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. Equity ratings for VanEck ChiNext ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Chinaamc is traded on NYSEARCA Exchange in the United States. More on VanEck ChiNext ETF
Moving together with VanEck Etf
| 0.9 | KWEB | KraneShares CSI China | PairCorr |
| 0.9 | FXI | iShares China Large | PairCorr |
| 0.98 | ASHR | Xtrackers Harvest CSI | PairCorr |
| 0.94 | GXC | SPDR SP China | PairCorr |
| 0.98 | CQQQ | Invesco China Technology | PairCorr |
Moving against VanEck Etf
VanEck Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | Vaneck Vectors Chinaamc Sme-chinext Etf |
| Business Concentration | Size And Style ETFs, Broad Equity ETFs, China Region, VanEck (View all Sectors) |
| Issuer | Van Eck |
| Inception Date | 2014-07-23 |
| Benchmark | ChiNext Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 36.5 Million |
| Average Trading Valume | 57,214.7 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Size and Style |
| Market Concentration | Emerging Markets |
| Region | Asia-Pacific |
| Administrator | Van Eck Associates Corporation |
| Advisor | Van Eck Associates Corporation |
| Custodian | State Street Bank and Trust Company |
| Distributor | Van Eck Securities Corporation |
| Portfolio Manager | Hao-Hung Peter Liao, Guo Hua Jason Jin, Leo Fan |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 100.0 |
| Market Maker | Jane Street |
| Total Expense | 1.89 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 19.27 |
| Name | VanEck ChiNext ETF |
| Currency Code | USD |
| Open Figi | BBG006W461W8 |
| In Threey Volatility | 35.36 |
| 1y Volatility | 46.7 |
| 200 Day M A | 24.0121 |
| 50 Day M A | 29.1181 |
| Code | CNXT |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
VanEck ChiNext ETF [CNXT] is traded in USA and was established 2014-07-23. The fund is listed under China Region category and is part of VanEck family. The entity is thematically classified as Size And Style ETFs. VanEck ChiNext ETF currently have 19.24 M in assets under management (AUM). , while the total return for the last 3 years was -15.8%.
Check VanEck ChiNext Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on VanEck Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VanEck Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as VanEck ChiNext ETF Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
VanEck ChiNext ETF Currency Exposure
VanEck ChiNext ETF holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of VanEck ChiNext will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in VanEck ChiNext ETF.
Top VanEck ChiNext ETF Etf Constituents
| 300450 | Wuxi Lead Auto | Stock | Information Technology | |
| 300442 | Shanghai Precise Packaging | Stock | Industrials | |
| 300760 | Shenzhen Mindray Bio Medical | Stock | Health Care | |
| 300124 | Shenzhen Inovance Tech | Stock | Industrials | |
| 300999 | Yihai Kerry Arawana | Stock | Consumer Staples | |
| 300866 | Anker Innovations Technology | Stock | Consumer Discretionary | |
| 300001 | Qingdao TGOOD Electric | Stock | Industrials | |
| 300408 | Chaozhou Three circle Group | Stock | Information Technology |
VanEck ChiNext ETF Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck ChiNext. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1088 | |||
| Jensen Alpha | 0.8377 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.127 |
VanEck ChiNext Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck ChiNext ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of VanEck ChiNext ETF is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck ChiNext's value that differs from its market value or its book value, called intrinsic value, which is VanEck ChiNext's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck ChiNext's market value can be influenced by many factors that don't directly affect VanEck ChiNext's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck ChiNext's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck ChiNext is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck ChiNext's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.