VanEck ChiNext ETF

10-Year Study

CNXT.US · · US · ETF

Executive Summary: VanEck ChiNext ETF has compounded at 5.6% annually over the last 10 years, with a maximum drawdown of 59.4% and an annualized volatility of 58.4%.

1Y CAGR
+108.3%
3Y CAGR
+22.6%
5Y CAGR
+1.5%
10Y CAGR
+5.6%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
59.4%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.16
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.32
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
29.2%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2020 · +63.3%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2018 · -39.5%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20265.50.3-1.912.8————————17.2%
2025-1.84.6-2.7-7.32.79.37.028.212.4-2.4-2.84.859.3%
2024-17.413.8-0.33.1-2.3-7.31.1-4.642.2-1.82.2-6.612.4%
202313.5-9.3-0.3-3.3-8.4-0.42.6-7.6-4.9-2.5-0.2-1.1-21.5%
2022-12.2-0.9-8.9-17.34.618.3-6.8-6.4-13.6-4.19.20.5-35.6%
20215.2-3.6-8.59.06.14.1-3.2-4.61.44.52.4-2.78.8%
2020-3.29.1-10.89.3-0.116.517.40.2-3.36.31.111.263.3%
20195.622.47.2-5.4-10.65.31.9-0.70.44.70.18.742.7%
20182.0-1.22.3-6.1-0.5-11.9-2.7-10.6-1.2-12.42.6-7.6-39.5%
20171.42.30.5-1.3-0.56.4-0.38.31.33.5-3.51.120.2%
2016———-3.6-0.42.4-2.72.2-2.6-1.2-0.5-9.9-15.7%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 58.4%. The dominant macroeconomic risk driver is SHV.US, accounting for 68.0% of variance. Idiosyncratic stock-specific factors contribute 10.7%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019643.490034766557
2016-05-019602.580636861554
2016-06-019833.435714033016
2016-07-019570.419160521145
2016-08-019777.925005869469
2016-09-019520.472387764488
2016-10-019404.080004888545
2016-11-019357.124249431547
2016-12-018428.140005338806
2017-01-018542.24892339458
2017-02-018740.524425033207
2017-03-018784.328355808844
2017-04-018666.006284352477
2017-05-018623.617458535817
2017-06-019172.9997973827
2017-07-019143.797176865606
2017-08-019905.02716036677
2017-09-0110030.682048428751
2017-10-0110385.744747226874
2017-11-0110019.875792378374
2017-12-0110130.1253332733
2018-01-0110330.97375301916
2018-02-0110204.868604288411
2018-03-0110437.138786418851
2018-04-019799.280226159502
2018-05-019749.462099308206
2018-06-018593.031894536087
2018-07-018361.7587181722
2018-08-017478.443770482841
2018-09-017386.783562912672
2018-10-016467.447761722055
2018-11-016637.485487133802
2018-12-016131.135203630388
2019-01-016472.979535652605
2019-02-017919.988679160328
2019-03-018490.565430915542
2019-04-018028.019078187765
2019-05-017179.1169101826445
2019-06-017556.596157990037
2019-07-017697.141809597628
2019-08-017646.133708121737
2019-09-017675.368490115171
2019-10-018034.612180837549
2019-11-018044.06765488163
2019-12-018746.924558824949
2020-01-018469.789117199636
2020-02-019241.600226416793
2020-03-018245.945241870382
2020-04-019015.119110027626
2020-05-019006.435511415715
2020-06-0110494.611344639165
2020-07-0112325.789323033085
2020-08-0112356.439209985494
2020-09-0111950.561378569522
2020-10-0112706.452556998176
2020-11-0112842.495601918112
2020-12-0114283.458387873838
2021-01-0115023.526119943012
2021-02-0114487.233501966673
2021-03-0113248.82369400285
2021-04-0114446.03465077461
2021-05-0115320.698161328399
2021-06-0115952.349556654048
2021-07-0115436.479476153872
2021-08-0114730.76020081626
2021-09-0114931.415651704076
2021-10-0115596.386336518392
2021-11-0115975.666627000846
2021-12-0115537.112735623015
2022-01-0113639.971569254914
2022-02-0113515.442332864846
2022-03-0112311.799080825005
2022-04-0110178.335386307574
2022-05-0110647.603487590493
2022-06-0112598.968903068528
2022-07-0111739.807224110815
2022-08-0110994.20771811109
2022-09-019498.924198616412
2022-10-019114.208618632429
2022-11-019954.941771647085
2022-12-0110008.973051898975
2023-01-0111360.36612624666
2023-02-0110304.408373561979
2023-03-0110275.173591568548
2023-04-019932.621707066843
2023-05-019101.66564285967
2023-06-019068.474999276366
2023-07-019300.327082214382
2023-08-018591.03788300298
2023-09-018168.500406842676
2023-10-017961.702113973841
2023-11-017945.5248913746145
2023-12-017860.3934635015485
2024-01-016489.478373015235
2024-02-017385.464942382715
2024-03-017360.636282647919
2024-04-017585.766617030788
2024-05-017411.901675934532
2024-06-016870.752675030794
2024-07-016948.4869633455655
2024-08-016629.670248383083
2024-09-019430.002154818914
2024-10-019261.70114912955
2024-11-019462.163631159325
2024-12-018836.365624527629
2025-01-018681.508115948554
2025-02-019076.965629030236
2025-03-018834.757550710608
2025-04-018191.3350550443665
2025-05-018414.921638562897
2025-06-019194.001241432987
2025-07-019837.745351862632
2025-08-0112610.064612405968
2025-09-0114169.060016530999
2025-10-0113826.765423840017
2025-11-0113435.102964966503
2025-12-0114077.078194197427
2026-01-0114855.385921635347
2026-02-0114897.19584087788
2026-03-0114617.390996716314
2026-04-0116495.621214996252
Annual Return Matrix
YearAnnual Return
20170.20194079913911844
2018-0.3947621572368776
20190.42664029878931564
20200.6329691986954398
20210.08776966430017308
2022-0.35580225089371287
2023-0.21466533851739977
20240.12416327065023491
20250.5930846223839854
20260.17180717386337663
Total Factor Risk
0.5838127117975884
VTI.US Exposure
0.04575580056075636
VEA.US Exposure
-0.02511551264509013
VWO.US Exposure
0.12505237867638608
QQQ.US Exposure
-0.0335576399202987
VTV.US Exposure
-0.011068305106825466
IJR.US Exposure
0.006434966752231154
QUAL.US Exposure
0.05887191903459724
SHV.US Exposure
0.6798818188155598
TLT.US Exposure
-0.012149062067816773
LQD.US Exposure
0.05842887838848469
HYG.US Exposure
-0.001982971820127808
GLD.US Exposure
-0.0004627166121150326
USO.US Exposure
0.00004633711753846884
VNQ.US Exposure
-0.00972326429961903
BTC-USD.CC Exposure
0.001930025637299215
CPER.US Exposure
-0.0036440479187498796
VIX.INDX Exposure
-0.004687432195555603
UUP.US Exposure
-0.0009118083702248359
TIP.US Exposure
0.01973526685736412
Idiosyncratic Exposure
0.10716536911620614
Value Score
40
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
2
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
58.4%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →25.1x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.17%
Market Cap$32.8B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+11.3%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+23.9%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
0.0% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.95
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is VanEck ChiNext ETF a high-risk investment?

VanEck ChiNext ETF (CNXT.US) has an annualized volatility of 58.4% and experienced a maximum drawdown of 59.4% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of CNXT.US?

Over the past 10 years, CNXT.US has generated a Compound Annual Growth Rate (CAGR) of 5.6%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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