CNXT vs. VUG
Compare and contrast key facts about VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT) and Vanguard Growth ETF (VUG).
CNXT and VUG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CNXT is a passively managed fund by VanEck that tracks the performance of the SME-ChiNext 100 Index. It was launched on Jul 24, 2014. VUG is a passively managed fund by Vanguard that tracks the performance of the CRSP U.S. Large Cap Growth Index. It was launched on Jan 26, 2004. Both CNXT and VUG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CNXT or VUG.
Key characteristics
| CNXT | VUG | |
|---|---|---|
| YTD Return | 25.62% | 25.99% |
| 1Y Return | 19.76% | 39.41% |
| 3Y Return (Ann) | -14.36% | 7.35% |
| 5Y Return (Ann) | 3.17% | 18.66% |
| 10Y Return (Ann) | 1.61% | 15.38% |
| Sharpe Ratio | 0.45 | 2.41 |
| Sortino Ratio | 1.09 | 3.11 |
| Omega Ratio | 1.17 | 1.44 |
| Calmar Ratio | 0.34 | 3.10 |
| Martin Ratio | 1.43 | 12.26 |
| Ulcer Index | 16.10% | 3.28% |
| Daily Std Dev | 50.49% | 16.71% |
| Max Drawdown | -68.98% | -50.68% |
| Current Drawdown | -48.59% | -1.54% |
Correlation
The correlation between CNXT and VUG is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CNXT vs. VUG - Performance Comparison
The year-to-date returns for both investments are quite close, with CNXT having a 25.62% return and VUG slightly higher at 25.99%. Over the past 10 years, CNXT has underperformed VUG with an annualized return of 1.61%, while VUG has yielded a comparatively higher 15.38% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CNXT vs. VUG - Expense Ratio Comparison
CNXT has a 0.65% expense ratio, which is higher than VUG's 0.04% expense ratio.
Risk-Adjusted Performance
CNXT vs. VUG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT) and Vanguard Growth ETF (VUG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
CNXT vs. VUG - Dividend Comparison
CNXT has not paid dividends to shareholders, while VUG's dividend yield for the trailing twelve months is around 0.50%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNXT VanEck Vectors ChinaAMC SME-ChiNext ETF | 0.00% | 0.00% | 0.00% | 9.23% | 0.01% | 0.45% | 0.00% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% |
VUG Vanguard Growth ETF | 0.50% | 0.58% | 0.70% | 0.48% | 0.66% | 0.95% | 1.32% | 1.14% | 1.39% | 1.30% | 1.21% | 1.19% |
Drawdowns
CNXT vs. VUG - Drawdown Comparison
The maximum CNXT drawdown since its inception was -68.98%, which is greater than VUG's maximum drawdown of -50.68%. Use the drawdown chart below to compare losses from any high point for CNXT and VUG. For additional features, visit the drawdowns tool.
Volatility
CNXT vs. VUG - Volatility Comparison
VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT) has a higher volatility of 30.75% compared to Vanguard Growth ETF (VUG) at 4.56%. This indicates that CNXT's price experiences larger fluctuations and is considered to be riskier than VUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.