Summary
VanEck ChiNext Innovators ETF is an ETF - a fund traded on an exchange like a stock - run by VanEck. Positions inside: 100. The ten largest make up 52% of the fund.
- Yearly costs
- 0.65%
- Fund size
- $60.6M
- Positions
- 100
- Dividend yield
- 0.22%
- Running since
- 2014
What speaks for it
- It has been running since 2014.
What to watch
- The ten largest positions make up 52% of the fund, so its result rests on a few names.
- 46% of the fund is in one sector (Technology).
- 100% of the fund is in one country (China).
- Costs of 0.65% a year are above the middle of comparable funds (0.45%).
- In the last five years its price once dropped by 66% from its high.
- A small fund with $60.6M under management; small funds get closed more often.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -17%
- 3 months
- -28%
- This year
- -17%
- 1 year
- -15%
- 3 years
- +43%
- 5 years
- -32%
- 10 years
- +14%
- Avg. market cap
- $53.6B
- P/E
- 21.1x
- Forward P/E
- 19.5x
- P/S
- 2.9x
- P/B
- 4.0x
- P/FCF
- 28.4x
- EV/EBITDA
- 16.3x
- Dividend yield
- 0.41%
- ROIC
- 14.2%
- ROE
- 26.0%
- Gross margin
- 36.1%
- Operating margin
- 25.6%
- Net margin
- 22.2%
- Payout ratio
- 8.6%
- Net debt/EBITDA
- 0.6x
- Beta
- 0.77
Weighted average of the 50 largest companies, which make up 84% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 30Contemporary Amperex Technology Co., Limited 300750.SZ 16%
- 2 30Zhongji Innolight Co., Ltd. 300308.SZ 9.5%
- 3 30East Money Information Co.,Ltd. 300059.SZ 5.6%
- 4 30Eoptolink Technology Inc., Ltd. 300502.SZ 5.1%
- 5 -USD CASH- 3.1%
- 6 -CNY CASH- 3.0%
- 7 30Sungrow Power Supply Co., Ltd. 300274.SZ 2.9%
- 8 30Shenzhen Inovance Technology Co.,Ltd 300124.SZ 2.7%
- 9 30Shenzhen Mindray Bio-Medical Electronics Co., Ltd. 300760.SZ 2.6%
- 10 30Wens Foodstuff Group Co., Ltd. 300498.SZ 2.2%
Positions in the fund: 100. The ten largest make up 52% of it.
Composition as of Nov 7, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 46%
- Industrials 27%
- Healthcare 8.0%
- Financials 6.8%
- Basic materials 3.9%
- Other 7.6%
By country
- China 100%
By company size
- Large cap 66%
- Mid cap 34%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (46%). Largest country: China (100%). Largest size group: Large cap (66%).
What does it cost me?
Expensive- A year from $10,000
- $65.00
- Over 20 years
- $3,099
From every $10,000 invested the fund takes $65.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,099.
How has it done?
Growing slowly- A year on average, 10 years
- +1.3%
- Deepest drop
- -66%
- Yearly volatility
- 35%
Average yearly growth over the last ten years: 1.3%. Deepest drop in these years: 66% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.22%
- Payments a year
- 1
- Last payment
- $0.08
Over the last 12 months it paid $0.08 per share, which is 0.22% of today's price. The last payment was $0.08 on Dec 22, 2025.
Is it easy to buy and sell?
Yes- Traded a day
- $3.24M
- Shares a day
- 89K
On an average day about $3.24M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 21.1
- Average Bulios Score
- 68 out of 100
Weight by Bulios Fair Price
- Undervalued 35%
- Fairly valued 15%
- Overvalued 49%
On average the companies inside trade for 21.1 times their yearly profit. By Fair Price, 49% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 84% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
83 83147.HK CSOP ETF Series - SZSE ChiNext | Hong Kong SAR China | 1.13% | $59.4M | -23% | Reinvests | 96% |
28 2845.HK Global X China Electric Vehicle and Battery ETF (HKD) | Hong Kong SAR China | 0.68% | $96.2M | -25% | Reinvests | 24% |