Vaneck Chinext Etf Profile
| CNXT Etf | USD 24.00 0.33 1.36% |
Performance7 of 100
| Odds Of DistressLess than 34
|
VanEck ChiNext is selling for under 24.00 as of the 9th of May 2024; that is -1.36 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 23.96. VanEck ChiNext has about a 34 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading 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 20th of May 2022 and ending today, the 9th of May 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
| 0.64 | KWEB | KraneShares CSI China Aggressive Push | PairCorr |
| 0.63 | FXI | iShares China Large Aggressive Push | PairCorr |
| 0.63 | EWT | iShares MSCI Taiwan | PairCorr |
| 0.85 | ASHR | Xtrackers Harvest CSI | PairCorr |
| 0.72 | GXC | SPDR SP China | PairCorr |
| 0.82 | CQQQ | Invesco China Technology | PairCorr |
| 0.8 | CXSE | WisdomTree China | PairCorr |
VanEck Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. VanEck ChiNext's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding VanEck ChiNext or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| 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 | 15.83 Million |
| Average Trading Valume | 5,355.1 |
| 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 | 1.15 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | (0.78) |
| Name | VanEck ChiNext ETF |
| Currency Code | USD |
| Open Figi | BBG006W461W8 |
| In Threey Volatility | 27.35 |
| 1y Volatility | 26.28 |
| 200 Day M A | 24.3623 |
| 50 Day M A | 23.3668 |
| Code | CNXT |
| Updated At | 8th of May 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 -17.4%.
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
| 300498 | Guangdong Wens Foodstuff | Stock | Consumer Staples |
| 300750 | Contemporary Amperex Technology | Stock | Industrials |
| 300003 | Lepu Medical Tech | Stock | Health Care |
| 300059 | East Money Information | Stock | Financials |
| 300124 | Shenzhen Inovance Tech | Stock | Industrials |
| 300015 | Aier Eye Hospital | Stock | Health Care |
VanEck ChiNext Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of VanEck ChiNext jumping above the current price in 90 days from now is about 15.35%. The VanEck ChiNext ETF probability density function shows the probability of VanEck ChiNext etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days VanEck ChiNext has a beta of 0.6085 suggesting as returns on the market go up, VanEck ChiNext average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VanEck ChiNext ETF will be expected to be much smaller as well. Additionally, vanEck ChiNext ETF has an alpha of 0.2425, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of VanEck ChiNext to move above the current price in 90 days from now is about 15.35 (This VanEck ChiNext ETF probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) .
VanEck ChiNext ETF Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. VanEck ChiNext market risk premium is the additional return an investor will receive from holding VanEck ChiNext long position in a well-diversified portfolio. 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. Although VanEck ChiNext's alpha and beta are two of the key measurements used to evaluate VanEck ChiNext's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1015 | |||
| Jensen Alpha | 0.2425 | |||
| Total Risk Alpha | 0.0435 | |||
| Sortino Ratio | 0.1448 |
VanEck ChiNext Against Markets
Picking the right benchmark for VanEck ChiNext etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in VanEck ChiNext etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for VanEck ChiNext is critical whether you are bullish or bearish towards VanEck ChiNext ETF at a given time. Please also check how VanEck ChiNext's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in VanEck ChiNext without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Money Flow IndexDetermine momentum by analyzing Money Flow Index and other technical indicators |
| All Next | Launch Module |
How to buy VanEck Etf?
Before investing in VanEck ChiNext, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in VanEck ChiNext. To buy VanEck ChiNext etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of VanEck ChiNext. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase VanEck ChiNext etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located VanEck ChiNext ETF etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased VanEck ChiNext ETF etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as VanEck ChiNext ETF, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy VanEck Etf please use our How to Invest in VanEck ChiNext guide.
Already Invested in VanEck ChiNext ETF?
The danger of trading VanEck ChiNext ETF is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of VanEck ChiNext is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than VanEck ChiNext. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile VanEck ChiNext ETF is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether VanEck ChiNext ETF is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if VanEck Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vaneck Chinext Etf. Highlighted below are key reports to facilitate an investment decision about Vaneck Chinext Etf: 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 tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.