VanEck
CNEW.L
IE0000H445G8
VanEck New China UCITS ETF
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About this ETF

The VanEck New China UCITS ETF A seeks to track the MarketGrader New China Screened index. The MarketGrader New China Screened index tracks Chinese companies active in the consumer discretionary, consumer staples, health care or technology sectors. Stock selection is based on fundamental factors and the companies' growth potential. Furthermore, the stocks included are filtered according to ESG criteria (environmental, social and corporate governance).

TER
0.6%

Total Expense Ratio per year

Fund Size
€6.52M

Assets under management

Holdings
100

Underlying equities

Dividend Yield
0%

Accumulating

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples
Weighted P/E
16.36
Weighted Fwd P/E
11.84
💰 Revenue Estimates
Current Year CY
+21.37% ⌀ 11 Analysts Coverage
Next Year NY
+12.35% ⌀ 12 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+55.36% ⌀ 6 Analysts Coverage
Next Year NY
+15.37% ⌀ 7 Analysts Coverage

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ETF Profile
Provider
VanEck
VanEck
Fund Type
ETF
Inception Date
09/24/2021 (5 yrs)
Region
-
Country
China
Sector
-
Strategy
Growth
Theme
-
Distribution Policy
Accumulating
Replication
Full replication
Sustainable
Yes

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

7/7 Very High
48/100 Moderate
Diversification Score
48/100 Moderate
5Y Volatility
24.9% p.a.
Max Drawdown (5Y)
-46.5%
Sharpe Ratio (5Y)
-0.33
Beta Factor
0.91
Notes & Warnings
Fund Volume (AUM) ⚠️ Fund closure risk (< 50M € AUM)
⚠️ Fund closure risk (< 50M € AUM)
🔴 Low analyst coverage (6.3 analysts, higher growth estimate uncertainty)
🔴 High single-country risk: 100% of portfolio in "China".
⚠️ Elevated emerging markets risk: 100% Emerging Markets.
⚠️ Elevated Regulatory & Policy Risk: 41% in heavily regulated industries (defense, regulated utilities, healthcare policy).
⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -46.5% in the extended horizon.
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