CNXT vs VYM
VanEck ChiNext ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. CNXT delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | CNXT | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.04% | |
| AUM | $108M | $79.0B | |
| Dividend Yield | 0.13% | 2.86% | |
| Holdings | 101 | 568 | |
| YTD Return | +15.84% | +16.53% | |
| 1Y Return | +60.48% | +25.03% | |
| 3Y Return (annualized) | +23.66% | +18.54% | |
| 5Y Return (annualized) | +1.63% | +12.25% | |
| Volatility (annualized) | 220.6% | 14.6% | |
| Max Drawdown | -99.9% | -58.8% | |
| Fund Family | VanEck | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jul 23, 2014 | Nov 10, 2006 |
CNXT vs VYM Performance
VanEck ChiNext ETF (CNXT) is a ETF from VanEck and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year CNXT returned +60.48% while VYM returned +25.03%. Year to date, CNXT is up 15.84% versus a gain of 16.53% for VYM.
Over three years, CNXT compounded at +23.66% per year against +18.54% for VYM; over five years the annualized figures are +1.63% and +12.25% respectively. Across the full 20-year window we track, VYM has the edge at +7.10% annualized vs +4.59%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CNXT has been the more volatile fund, with annualized monthly volatility of 220.6% compared with 14.6% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -99.9% for CNXT and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.05. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CNXT charges 0.65% per year while VYM charges 0.04%. On a $10,000 position that is $65 vs $4 annually, a gap of $61 per year that compounds over a long holding period. On income, CNXT currently yields 0.13% against 2.86% for VYM.
Holdings Overlap
CNXT and VYM share 0 holdings out of 656 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CNXT or VYM?
CNXT has an expense ratio of 0.65% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $61 per year of difference.
Which performed better, CNXT or VYM?
Over the past year CNXT returned +60.48% vs +25.03% for VYM, so CNXT leads on 1-year performance. Over the longest common window we track (20 years), CNXT annualized +4.59% vs +7.10% for VYM. Past performance does not guarantee future results.
Which is riskier, CNXT or VYM?
CNXT has been the more volatile fund at 220.6% annualized versus 14.6% for VYM. Worst drawdown: CNXT -99.9% vs VYM -58.8%.
Should I hold both CNXT and VYM?
CNXT and VYM have a monthly-return correlation of 0.05, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CNXT and VYM?
CNXT and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 656 unique securities.
Which pays a higher dividend, CNXT or VYM?
CNXT yields 0.13% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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