CNXT vs VYM
VanEck ChiNext ETF vs Vanguard High Dividend Yield ETF
Which is better, CNXT or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. CNXT led over 3Y, VYM over 1Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 56.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CNXT | VYM |
|---|---|---|
| Expense Ratio | 0.65% | 0.04%Best |
| AUM | $105M | $83.1B |
| Dividend Yield | 0.15% | 2.22% |
| Holdings | 196 | 608 |
| YTD Return | -0.13% | +9.22%Best |
| 1Y Return | +1.45% | +12.81%Best |
| 3Y Return (annualized) | +20.89%Best | +18.21% |
| 5Y Return (annualized) | -0.57% | +11.39%Best |
| Volatility (annualized) | 250.7% | 14.6%Best |
| Max Drawdown | -98.6% | -58.8%Best |
| $10,000 over 5 years | $9,718 | $17,149Best |
| Top 10 Weight | 56.3% | 26.1%Best |
| Fund Family | VanEck | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Jul 23, 2014 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2006 to Oct 1, 2026 (19.9 years).
CNXT vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 19.9 years both funds cover.
CNXT vs VYM Performance
VanEck ChiNext ETF (CNXT) is an ETF from VanEck and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year CNXT returned +1.45% while VYM returned +12.81%. Year to date, CNXT is down 0.13% versus a gain of 9.22% for VYM.
Over three years, CNXT compounded at +20.89% per year against +18.21% for VYM; over five years the annualized figures are -0.57% and +11.39% respectively. Across the full 20-year window we track, VYM has the edge at +6.70% annualized vs +4.06%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CNXT has been the more volatile fund, with annualized monthly volatility of 250.7% 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 -98.6% for CNXT and -58.8% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.05. They move largely independently of each other.
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 0.15% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 97 holdings in CNXT and 557 in VYM, totalling 99.8% and 99.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 46 days apart, CNXT as of Sep 15, 2026 and VYM as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 97 positions we hold weights for in CNXT and 557 in VYM, against full books of 196 and 608.
What only one of them owns
Our book lists 528 positions for VYM that do not appear in our book for CNXT (97.1% of the fund), and 0 for CNXT that do not appear in VYM (0.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of CNXT and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
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, by $61 a year on a $10,000 investment.
Which performed better, CNXT or VYM?
Over the past year CNXT returned +1.45% vs +12.81% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), CNXT annualized +4.06% vs +6.70% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CNXT or VYM?
CNXT has been the more volatile fund at 250.7% annualized versus 14.6% for VYM. Worst drawdown: CNXT -98.6% vs VYM -58.8%.
Should I hold both CNXT and VYM?
CNXT and VYM have a monthly-return correlation of 0.05, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CNXT or VYM?
CNXT yields 0.15% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than CNXT?
VYM has a lower expense ratio. CNXT led over 3Y, VYM over 1Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 56.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.