Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
Last (Price)
7.11
Change
▼ -0.07 (-0.97)
Bid / Ask
7.05 - 7.20
Volume
12,570
Turnover
89,295
Open
7.15
Day Range
7.07 - 7.15
VWAP
7.10
Prev Close
7.18
Last Trade
03/11 3:29pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$59.4M
OCT 2026
Total cost ratio
0.95%
per year
Distributions
Annually
Since inception
8.0 yrs
NOV 2018
Legal name
VanEck China New Economy ETF
Issuer
VanEck Investments Limited
Type
Exchange-Traded Fund
Structure
Open Ended Investment Company
Management style
Index fund
Morningstar category
Equity Greater China
Category index
MSCI Golden Dragon NR USD
Benchmark
CSI MarketGrader China New Eco TR AUD
ETF net assets
$59.4M
Units on issue
12.2M
Management fee
0.95% p.a.
Domicile
Australia
Base currency
AUD
ISIN
AU0000028185
Inception
8 NOV 2018
Listed
9 NOV 2018
Objective and strategy
The Fund employs a passive management strategy of investing directly in the securities that comprise the Reference Index.
Asset allocation · 30 SEP 2026
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 0.00%Non-US equity 99.85%
Asset class
Net %
Long %
Short %
Equity
99.85
99.85
0.00
Bond
0.00
0.00
0.00
Cash
0.15
0.23
0.08
Other
0.00
0.00
0.00
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 22.04%Sensitive 24.15%Defensive 53.81%
Healthcare
30.49%
Consumer Defensive
23.32%
Consumer Cyclical
19.01%
Technology
16.20%
Industrials
5.18%
Communication Services
2.77%
Financial Services
1.78%
Basic Materials
1.25%
Real Estate
0.00%
Energy
0.00%
Utilities
0.00%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 0.00%Emerging markets 100.00%
Asia Emerging
100.00%
North America
0.00%
Latin America
0.00%
United Kingdom
0.00%
Europe Developed
0.00%
Europe Emerging
0.00%
Africa / Middle East
0.00%
Japan
0.00%
Australasia
0.00%
Asia Developed
0.00%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
China
100.00%
Style box
Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
LargeMidSmallValueBlendGrowth
Style
Mid Growth
Size score
161
SmallMidLarge
Value-growth score
205
ValueBlendGrowth
Economic moat
Narrow 40%Wide 30%None 30%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
Giant
6.04%
Large
21.26%
Mid
46.36%
Small
26.34%
Micro
0.00%
Giant 6%Large 21%Mid 46%Small 26%
Average market cap
$4.60B
Number of holdings
123
Shares held
120
Portfolio statistics · 30 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
Price / earnings
20.03
Price / book
3.19
Price / sales
2.28
Price / cash flow
14.26
Dividend yield
2.55%
Assets in top 10
13.10%
Return on equity
20.17%
Net margin
19.54%
Earnings growth (3 yr)
25.43%
Top holdings · top 10 = 13.82% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
Holding
% Weight
First bought
Market value
Currency
Units held
Sector
Country
Kuaijishan Shaoxing Rice Wine Co Ltd Class A 601579
1.99
JUN 2026
1.9M
CNY
240,000
Consumer Defensive
China
GemPharmatech Co Ltd Class A 688046
1.81
JUN 2026
1.7M
CNY
215,200
Healthcare
China
Wuxi AppTec Co Ltd Class A 603259
1.46
JUN 2025
1.4M
CNY
39,300
Healthcare
China
Suzhou Sepax Technologies Co Ltd Ordinary Shares - Class A 688758
1.46
DEC 2025
1.4M
CNY
218,175
Basic Materials
China
HitGen Inc Class A 688222
1.40
DEC 2025
1.3M
CNY
141,093
Healthcare
China
Guangdong Songfa Ceramics Co Ltd Class A 603268
1.27
JUN 2026
1.2M
CNY
26,700
Consumer Cyclical
China
Shanghai Allist Pharmaceuticals Co Ltd Class A 688578
1.12
DEC 2023
1.1M
CNY
45,060
Healthcare
China
Lancy Co Ltd Class A 002612
1.12
DEC 2025
1.1M
CNY
300,643
Consumer Cyclical
China
Haisco Pharmaceutical Group Co Ltd Class A 002653
1.10
JUN 2026
1.1M
CNY
79,800
Healthcare
China
Harbin Gloria Pharmaceuticals Co Ltd Class A 002437
1.09
JUN 2026
1.1M
CNY
1.3M
Healthcare
China
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV)Market price
1M
-2.2
3M
-4.7
6M
3.9
YTD
3.8
1Y
2.1
3Y
9.7
5Y
-1.8
Period
Fund (NAV) %
Market price %
Before fees %
Rank in category
1 month
-2.15
-1.43
-2.08
1 / 6
3 months
-4.67
-3.37
-4.45
60 / 6
6 months
3.91
4.03
4.40
1 / 6
Year to date
3.79
4.16
4.53
1 / 6
1 year
2.15
2.87
3.12
1 / 6
3 years p.a.
9.67
9.35
10.71
25 / 5
5 years p.a.
-1.82
-1.48
-0.89
75 / 5
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Calendar year returns
Displays the total return after fees and the capital (price) return for each calendar year, with the fund's rank in its Morningstar category, sourced from Morningstar.
TotalCapital
2019
39.0
2020
27.6
2021
16.0
2022
-28.6
2023
-3.8
2024
10.9
2025
16.0
Year
Total %
Capital %
Rank in category
2025
16.04
14.00
50 / 5
2024
10.87
9.56
100 / 8
2023
-3.81
-8.19
1 / 9
2022
-28.57
-28.73
75 / 11
2021
16.00
14.71
1 / 6
2020
27.58
25.12
20 / 6
2019
38.98
39.09
1 / 6
Financial year returns
Displays the total return after fees for each financial year to 30 June, sourced from Morningstar.
FY20
39.1
FY21
10.7
FY22
-9.9
FY23
-13.7
FY24
-16.7
FY25
23.0
FY26
18.5
Financial year
Total %
Financial year to date
-5.07
Year to 30 JUN 2026
18.50
Year to 30 JUN 2025
23.03
Year to 30 JUN 2024
-16.67
Year to 30 JUN 2023
-13.65
Year to 30 JUN 2022
-9.89
Year to 30 JUN 2021
10.71
Year to 30 JUN 2020
39.14
Risk statistics · 30 SEP 2026
Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
1 year
3 years
5 years
10 years
Alpha
-11.72
-12.84
-7.25
—
Beta
0.48
0.93
0.65
—
R-squared
30.07
41.55
31.56
—
Standard deviation
17.34
23.11
23.89
—
Sharpe ratio
-0.51
0.22
-0.10
—
Sortino ratio
-0.67
0.22
-0.31
—
Tracking error
11.99
16.24
19.29
—
Information ratio
-1.61
-1.09
-0.54
—
Upside capture %
43.18
64.04
61.62
—
Downside capture %
131.50
133.49
96.70
—
Maximum drawdown %
-7.70
-19.58
-41.37
—
Measured against MSCI Golden Dragon NR USD with RBA Bank accepted Bills 90 Days as the risk-free rate, to 30 SEP 2026. Maximum drawdown is on gross returns at the latest quarter end.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
Risk score
117.9
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
Market impact cost %
0.450
Best quarter
36.86% · MAR 2019
Worst quarter
-19.17% · APR 2022
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
Management fees and costs
0.95% p.a.
Performance fee costs
0.00% p.a.
Transaction costs
0.13% p.a.
Total cost ratio
0.95% p.a.
Total cost ratio (last FY)
0.95% p.a.
Performance fee
Yes
PDS dated
20 JUL 2026
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
Latest distribution
0.0600
Ex Date
1 JUL 2026
Record Date
2 JUL 2026
Pay Date
27 JUL 2026
NAV at ex date
8.41
Paid this year
0.0600
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
0.1
2023
0.1
2022
0.1
2021
0.1
2020
0.1
2019
0.1
2018
0.1
Year
Per unit ($)
2024
0.0700
2023
0.1200
2022
0.1100
2021
0.1300
2020
0.1000
2019
0.1200
2018
0.0700
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
Ex Date
Per unit ($)
1 JUL 2026
0.0600
1 JUL 2025
0.0700
1 JUL 2024
0.1200
3 JUL 2023
0.1100
1 JUL 2022
0.1300
1 JUL 2021
0.1000
1 JUL 2020
0.1200
1 JUL 2019
0.0700
Sustainability rating · 31 AUG 2026
Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.
Portfolio covered
47.6%
ESG risk of holdings
Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
Negligible
0.00%
Low
13.46%
Medium
35.34%
High
38.37%
Severe
12.83%
0.00% of assets are in companies with high or severe controversies.
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
Carbon risk score
10.84
LowMediumHighSevere
Category average 9.35
Carbon risk
Medium Risk
Fossil fuel involvement
0.00%
Category average
2.64%
Portfolio covered
46.9%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
RCRussel Chesler
JHJamie Hannah
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
Number of managers
2
Average tenure
7.9 years
Longest tenure
7.9 years
Longest serving
Russel Chesler, Jamie Hannah · since 8 NOV 2018
Most recent appointment
Russel Chesler, Jamie Hannah · since 8 NOV 2018
Managed since
8 NOV 2018
Other funds managed
49
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
The CNEW holds 120 growth companies in the likes of IT, healthcare and consumer discretionary sectors hence by definition to a degree you are backing the issuer to select the correct companies. This ASX traded ETF has a market cap of almost $170m and yields close to 1.4% pa……we believe it will outperform the QQQ in 2021 and for that reason we are considering selling our long Nasdaq ETF and re-allocating capital into Asian domiciled growth stocks.
VanEck Vectors China New Economy ETF is an exchange-traded fund incorporated in Australia. The ETF seeks to provide investors with access to a portfolio of the most fundamentally sound companies with the best growth prospects in the consumer discretionary, consumer staples, healthcare, and technology sectors that are domiciled and listed in China.
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