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 58% of the fund.
- Yearly costs
- 0.65%
- Fund size
- $73.3M
- Positions
- 100
- Dividend yield
- 0.20%
- Running since
- 2014
What speaks for it
- It has been running since 2014.
What to watch
- The ten largest positions make up 58% of the fund, so its result rests on a few names.
- 53% of the fund is in one sector (Technology).
- 95% of the fund is in one country (China).
- Costs of 0.65% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 66% from its high.
- A small fund with $73.3M 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
- -19%
- 3 months
- -19%
- This year
- -10%
- 1 year
- -2.7%
- 3 years
- +65%
- 5 years
- -25%
- 10 years
- +20%
- Avg. market cap
- $64.4B
- P/E
- 25.8x
- Forward P/E
- 21.4x
- P/S
- 3.7x
- P/B
- 5.0x
- P/FCF
- 27.0x
- EV/EBITDA
- 19.8x
- Dividend yield
- 0.33%
- ROIC
- 19.9%
- ROE
- 31.8%
- Gross margin
- 37.3%
- Operating margin
- 27.6%
- Net margin
- 24.2%
- Payout ratio
- 8.5%
- Net debt/EBITDA
- 0.1x
- Beta
- 0.77
Weighted average of the 50 largest companies, which make up 86% 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 15%
- 2 30Zhongji Innolight Co., Ltd. 300308.SZ 12%
- 3 30Eoptolink Technology Inc., Ltd. 300502.SZ 8.0%
- 4 -USD CASH- 5.6%
- 5 30East Money Information Co.,Ltd. 300059.SZ 4.9%
- 6 30Suzhou TFC Optical Communication Co., Ltd. 300394.SZ 2.9%
- 7 30Chaozhou Three-Circle (Group) Co.,Ltd. 300408.SZ 2.5%
- 8 30Victory Giant Technology (HuiZhou) Co.,Ltd 300476.SZ 2.4%
- 9 30Sungrow Power Supply Co., Ltd. 300274.SZ 2.3%
- 10 30Hangzhou Changchuan Technology Co.,Ltd 300604.SZ 2.1%
Positions in the fund: 100. The ten largest make up 58% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 53%
- Industrials 25%
- Healthcare 5.9%
- Financials 5.3%
- Basic materials 4.2%
- Other 6.1%
By country
- China 95%
- Other countries 5.3%
By company size
- Large cap 69%
- Mid cap 31%
- Small cap 0.1%
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 (53%). Largest country: China (95%). Largest size group: Large cap (69%).
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
- +1.8%
- Deepest drop
- -66%
- Yearly volatility
- 34%
Average yearly growth over the last ten years: 1.8%. Deepest drop in these years: 66% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.20%
- Payments a year
- 1
- Last payment
- $0.08
Over the last 12 months it paid $0.08 per share, which is 0.20% 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
- $3.62M
- Shares a day
- 92K
On an average day about $3.62M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 25.8
- Average Bulios Score
- 69 out of 100
Weight by Bulios Fair Price
- Undervalued 31%
- Fairly valued 6.2%
- Overvalued 63%
On average the companies inside trade for 25.8 times their yearly profit. By Fair Price, 63% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 86% 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% | $59.1M | -7.5% | Reinvests | 96% |
28 2845.HK Global X China Electric Vehicle and Battery ETF (HKD) | Hong Kong SAR China | 0.68% | $95.3M | -24% | Reinvests | 22% |
CN CNQQ Rayliant-ChinaAMC Transformative China Tech ETF | United States | 0.75% | $5.48M | -17% | Pays out | 21% |