VanEck ChiNext ETF (CNXT) Performance
CNXT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −12.3% since Dec 31, 2025
- 1 year
- −7.1% total return
- 5 years
- −4.3% a year
- 10 years
- +2.6% a year
- Since first price
- +4.4% a year since 2014
CNXT trailing returns vs SPY, QQQ, AGG
| Period | CNXT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −20.6% | −20.6% | −1.0% | −5.0% | +0.9% |
| 3 months | −23.9% | −23.9% | +3.2% | +1.9% | −0.4% |
| 6 months | −27.1% | −27.1% | +7.8% | +8.4% | −1.5% |
| YTD | −12.3% | −12.3% | +12.3% | +15.1% | −1.0% |
| 1 year | −7.1% | −7.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +63.4%+17.8%/yr | +62.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −19.8%−4.3%/yr | −26.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +29.5%+2.6%/yr | +17.7% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionJul 24, 2014 | +70.1%+4.4%/yr | +54.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CNXT vs SPY
From Jul 24, 2014: CNXT grew to $17,009, SPY to $46,905.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CNXT returns by calendar year
7 of 11 full years positive. Best 2020 (+63.3%), worst 2018 (−39.5%). 2026 is year to date.
CNXT annual returns table
| Year | CNXT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −12.3% | −40.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +59.3% | −24.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +12.4% | −39.9% | +24.9% | +25.6% | +1.3% |
| 2023 | −21.5% | −36.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −35.6% | −41.4% | −18.2% | −32.6% | −13.0% |
| 2021 | +8.8% | −25.9% | +28.7% | +27.4% | −1.8% |
| 2020 | +63.3% | −19.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +42.7% | −23.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −39.5% | −43.1% | −4.6% | −0.1% | +0.1% |
| 2017 | +20.2% | −8.5% | +21.7% | +32.7% | +3.6% |
| 2016 | −30.1% | −22.0% | +12.0% | +7.1% | +2.4% |
| 2015 | +43.3% | −54.5% | +1.2% | +9.4% | +0.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CNXT largest drawdowns
Now 38.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 12, 2015 | −69.0% | Jan 3, 2019 | Jun 18, 2026 | 3.6 years | 11.0 years |
| Jun 30, 2026 | −40.6% | Oct 22, 2026 | not yet | 4 months | 4 months so far |
| Apr 6, 2015 | −10.5% | Apr 17, 2015 | Apr 22, 2015 | 11 days | 16 days |
| Dec 4, 2014 | −10.3% | Dec 23, 2014 | Jan 13, 2015 | 19 days | 40 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
CNXT risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2014 |
|---|---|---|---|---|
| Annualized return | +21.0% | −0.6% | +4.3% | +5.4% |
| Volatility (annualized) | 39.5% | 36.2% | 30.7% | 33.0% |
| Sharpe ratio | 0.55 | 0.05 | 0.21 | 0.26 |
| Sortino ratio | 1.09 | 0.09 | 0.35 | 0.42 |
| Best month | +42.2% | +42.2% | +42.2% | +42.2% |
| Worst month | −23.4% | −23.4% | −23.4% | −27.2% |
| Best 12 months | +122.1% | +122.1% | +122.1% | +122.1% |
| Worst 12 months | +2.3% | −42.9% | −42.9% | −44.2% |
| Positive months | 50% | 43% | 49% | 50% |
| Beta vs S&P 500 | 0.87 | 0.66 | 0.61 | — |
| Correlation with S&P 500 | 0.27 | 0.29 | 0.30 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CNXT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 136 | −44.2% | +2.2% | +122.1% | 51% |
| 3-year (a year) | 112 | −24.5% | +3.5% | +36.3% | 55% |
| 5-year (a year) | 88 | −12.2% | +1.0% | +13.0% | 62% |
| 10-year (a year) | 28 | −6.9% | +1.3% | +7.4% | 68% |
Every holding period starting at a month-end since 2014. Returns for 3 years and longer are annualized.
CNXT performance overview
VanEck ChiNext ETF (CNXT) returned −7.1% over the past year and +2.6% a year over ten years, with distributions reinvested. Since its first recorded price in 2014 it has returned +4.4% a year, turning $10,000 into about $17,009. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −69.0%, from Jun 12, 2015 to Jan 3, 2019, and it took 7.5 years to get back to the old high. CNXT finished 7 of its 11 full calendar years with a gain; the best year was 2020 (+63.3%) and the worst 2018 (−39.5%). Volatility has been 33.0% a year.
Related: CNXT chart, CNXT holdings, CNXT dividends. See the CNXT overview for the latest quote and fund facts.
CNXT performance FAQ
What is the CNXT return over the past year?
CNXT returned −7.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 7.2%.
What is the average annual return of CNXT?
CNXT has returned −4.3% a year over 5 years, +2.6% a year over 10 years, +4.4% a year since July 24, 2014 (total return, distributions reinvested).
How much would $10,000 invested in CNXT be worth?
$10,000 invested in CNXT at its first recorded close on July 24, 2014 would be worth about $17,009 on October 23, 2026 with distributions reinvested.
What was the worst year for CNXT?
The worst calendar year was 2018, with a total return of −39.5%. The best was 2020 at +63.3%.
What is the biggest drawdown of CNXT?
The largest peak-to-trough decline was −69.0% between June 12, 2015 and January 3, 2019. It recovered to the old high on June 18, 2026, 7.5 years after the bottom.
How volatile is CNXT?
Over the past 3 years CNXT had an annualized volatility of 39.5% and a Sharpe ratio of 0.55 (excess return over 1–3 month T-bills per unit of risk).