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CXSE vs. CNXT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CXSE and CNXT is 0.32, 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.


-0.50.00.51.0
Correlation: 0.3

Performance

CXSE vs. CNXT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree China ex-State-Owned Enterprises Fund (CXSE) and VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%50.00%NovemberDecember2025FebruaryMarchApril
34.70%
13.00%
CXSE
CNXT

Key characteristics

Sharpe Ratio

CXSE:

0.64

CNXT:

0.27

Sortino Ratio

CXSE:

1.16

CNXT:

0.82

Omega Ratio

CXSE:

1.15

CNXT:

1.12

Calmar Ratio

CXSE:

0.35

CNXT:

0.22

Martin Ratio

CXSE:

1.46

CNXT:

0.52

Ulcer Index

CXSE:

16.05%

CNXT:

27.88%

Daily Std Dev

CXSE:

36.51%

CNXT:

54.76%

Max Drawdown

CXSE:

-70.01%

CNXT:

-68.98%

Current Drawdown

CXSE:

-58.03%

CNXT:

-57.30%

Returns By Period

In the year-to-date period, CXSE achieves a 7.50% return, which is significantly higher than CNXT's -7.18% return. Over the past 10 years, CXSE has outperformed CNXT with an annualized return of 1.22%, while CNXT has yielded a comparatively lower -5.01% annualized return.


CXSE

YTD

7.50%

1M

-5.94%

6M

-0.88%

1Y

21.37%

5Y*

-3.38%

10Y*

1.22%

CNXT

YTD

-7.18%

1M

-8.62%

6M

-14.32%

1Y

14.08%

5Y*

-1.49%

10Y*

-5.01%

*Annualized

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CXSE vs. CNXT - Expense Ratio Comparison

CXSE has a 0.32% expense ratio, which is lower than CNXT's 0.65% expense ratio.


Expense ratio chart for CNXT: current value is 0.65%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
CNXT: 0.65%
Expense ratio chart for CXSE: current value is 0.32%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
CXSE: 0.32%

Risk-Adjusted Performance

CXSE vs. CNXT — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CXSE
The Risk-Adjusted Performance Rank of CXSE is 6262
Overall Rank
The Sharpe Ratio Rank of CXSE is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of CXSE is 7272
Sortino Ratio Rank
The Omega Ratio Rank of CXSE is 7171
Omega Ratio Rank
The Calmar Ratio Rank of CXSE is 4949
Calmar Ratio Rank
The Martin Ratio Rank of CXSE is 5050
Martin Ratio Rank

CNXT
The Risk-Adjusted Performance Rank of CNXT is 4545
Overall Rank
The Sharpe Ratio Rank of CNXT is 3939
Sharpe Ratio Rank
The Sortino Ratio Rank of CNXT is 5858
Sortino Ratio Rank
The Omega Ratio Rank of CNXT is 6161
Omega Ratio Rank
The Calmar Ratio Rank of CNXT is 3939
Calmar Ratio Rank
The Martin Ratio Rank of CNXT is 3131
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CXSE vs. CNXT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree China ex-State-Owned Enterprises Fund (CXSE) and VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT). 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.


The chart of Sharpe ratio for CXSE, currently valued at 0.64, compared to the broader market-1.000.001.002.003.004.00
CXSE: 0.64
CNXT: 0.27
The chart of Sortino ratio for CXSE, currently valued at 1.16, compared to the broader market-2.000.002.004.006.008.00
CXSE: 1.16
CNXT: 0.82
The chart of Omega ratio for CXSE, currently valued at 1.15, compared to the broader market0.501.001.502.002.50
CXSE: 1.15
CNXT: 1.12
The chart of Calmar ratio for CXSE, currently valued at 0.35, compared to the broader market0.002.004.006.008.0010.0012.00
CXSE: 0.35
CNXT: 0.22
The chart of Martin ratio for CXSE, currently valued at 1.46, compared to the broader market0.0020.0040.0060.00
CXSE: 1.46
CNXT: 0.52

The current CXSE Sharpe Ratio is 0.64, which is higher than the CNXT Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of CXSE and CNXT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.200.400.600.801.001.20NovemberDecember2025FebruaryMarchApril
0.64
0.27
CXSE
CNXT

Dividends

CXSE vs. CNXT - Dividend Comparison

CXSE's dividend yield for the trailing twelve months is around 1.58%, more than CNXT's 0.16% yield.


TTM20242023202220212020201920182017201620152014
CXSE
WisdomTree China ex-State-Owned Enterprises Fund
1.58%1.70%1.71%1.55%0.86%0.54%0.96%1.49%1.24%1.39%1.02%2.29%
CNXT
VanEck Vectors ChinaAMC SME-ChiNext ETF
0.16%0.15%0.00%0.00%9.22%0.01%0.45%0.00%0.19%0.00%0.00%0.00%

Drawdowns

CXSE vs. CNXT - Drawdown Comparison

The maximum CXSE drawdown since its inception was -70.01%, roughly equal to the maximum CNXT drawdown of -68.98%. Use the drawdown chart below to compare losses from any high point for CXSE and CNXT. For additional features, visit the drawdowns tool.


-60.00%-55.00%-50.00%NovemberDecember2025FebruaryMarchApril
-58.03%
-57.30%
CXSE
CNXT

Volatility

CXSE vs. CNXT - Volatility Comparison

WisdomTree China ex-State-Owned Enterprises Fund (CXSE) and VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT) have volatilities of 14.76% and 15.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%NovemberDecember2025FebruaryMarchApril
14.76%
15.52%
CXSE
CNXT