ASHR VS CNXT: A Comparison of ETFs
4 min read
By Ron Koren, ETF Insider

ASHR VS CNXT: A Comparison of ETFs

Exchange-Traded Funds (ETFs) have redefined the landscape of modern investing, offering diversified exposure to various sectors and asset classes. In this article, we embark on a comprehensive comparison between two prominent ETFs: ASHR (Xtrackers Harvest CSI 300 China A-Shares ETF) and CNXT (VanEck Vectors ChinaAMC SME-ChiNext ETF). Our exploration will encompass ETF tickers, full names, issuers, sectors, top holdings, capitalization, strategy, tracking, and exposure.

ASHR VS CNXT: Overview

ASHR and CNXT are distinctive ETFs catering to different investment approaches within the Chinese equities market. ASHR focuses on tracking the performance of China A-shares, while CNXT targets the ChiNext segment, comprising innovative and growth-oriented companies. This distinction in focus results in contrasting risk-reward profiles, which we will dissect in the ensuing sections.

ASHR VS CNXT: Sectors and Top Holdings

The ASHR ETF provides exposure to a broad array of sectors within the Chinese economy, encompassing industries such as financials, technology, consumer discretionary, and more. Its top holdings feature prominent Chinese companies like Kweichow Moutai, Ping An Insurance, and China Merchants Bank. On the other hand, CNXT focuses on the ChiNext board, offering exposure to emerging companies in sectors like technology, healthcare, and consumer services. Understanding these sectors and top holdings aids investors in aligning their investment objectives with the appropriate ETF.

ASHR overlap ASHR VS CNXT: A Comprehensive Comparison of ETFsASHR overlap ASHR VS CNXT: A Comprehensive Comparison of ETFs

ASHR VS CNXT: Capitalization and Strategy

ASHR boasts a substantial asset under management (AUM), indicating its popularity among investors seeking exposure to China's A-shares market. Its strategy revolves around capturing the performance of large-cap and mid-cap Chinese companies. CNXT's strategy is centered around providing investors access to the ChiNext index, which comprises innovative and fast-growing small-cap companies. The disparity in capitalization and strategy between ASHR and CNXT presents investors with different risk-return dynamics to consider.

ASHR VS CNXT: Tracking and Exposure

ASHR seeks to replicate the performance of the CSI 300 Index, a benchmark representing a diversified portfolio of China A-shares. CNXT, on the other hand, tracks the SME-ChiNext 100 Index, which includes innovative and growth-focused companies listed on the ChiNext board. The tracking methodologies diverge; ASHR aims to mirror the broader A-shares market, while CNXT hones in on the performance of ChiNext-listed firms. Understanding these tracking nuances assists investors in selecting the ETF that aligns with their desired exposure.

Conclusion

ASHR and CNXT stand as two distinctive gateways to investing in the dynamic Chinese equity landscape. Whether you seek insights into holdings, correlations, overlaps, or other market nuances, ETF insider serves as an invaluable tool. Through its user-friendly app, it furnishes comprehensive details about these and other financial instruments, empowering investors with actionable insights.

Disclaimer: This article is not intended to provide investment advisory services.

Sources:

ASHR ETF issuer
ASHR ETF official page

ASHR quote and analysis

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