CNXT vs WUGI
VanEck ChiNext ETF vs AXS Esoterica NextG Economy ETF
Which is better, CNXT or WUGI?
Each has led over a different period.
CNXT has a lower expense ratio. CNXT led over 1Y, WUGI over 3Y, 5Y and the full window. CNXT is less concentrated, with 54.4% of the fund in its ten largest positions against 58.8%.
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 | WUGI |
|---|---|---|
| Expense Ratio | 0.65%Best | 0.84% |
| AUM | $83M | $33M |
| Dividend Yield | 0.18% | 0.22% |
| Holdings | 196 | 35 |
| YTD Return | -9.60% | +15.77%Best |
| 1Y Return | +1.51%Best | -5.57% |
| 3Y Return (annualized) | +17.72% | +24.18%Best |
| 5Y Return (annualized) | -2.73% | +7.64%Best |
| Volatility (annualized) | 34.2% | 28.8%Best |
| Max Drawdown | -63.3% | -56.4%Best |
| $10,000 over 5 years | $8,708 | $14,450Best |
| Top 10 Weight | 54.4%Best | 58.8% |
| Fund Family | VanEck | AXS Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jul 23, 2014 | Mar 31, 2020 |
Volatility and max drawdown are measured over the window both funds cover: Mar 31, 2020 to Oct 14, 2026 (6.5 years).
CNXT vs WUGI 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 6.5 years both funds cover.
CNXT vs WUGI Performance
VanEck ChiNext ETF (CNXT) is an ETF from VanEck and AXS Esoterica NextG Economy ETF (WUGI) is an ETF from AXS Investments. Over the past year CNXT returned +1.51% while WUGI returned -5.57%. Year to date, CNXT is down 9.60% versus a gain of 15.77% for WUGI.
Over three years, CNXT compounded at +17.72% per year against +24.18% for WUGI; over five years the annualized figures are -2.73% and +7.64% respectively. Across the full 7-year window we track, WUGI has the edge at +20.61% annualized vs +7.21%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CNXT has been the more volatile fund, with annualized monthly volatility of 34.2% compared with 28.8% for WUGI. 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 -63.3% for CNXT and -56.4% for WUGI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.37. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CNXT charges 0.65% per year while WUGI charges 0.84%. On a $10,000 position that is $65 vs $84 annually, a gap of $19 per year that compounds over a long holding period. On income, CNXT currently yields 0.18% against 0.22% for WUGI.
Holdings Overlap
We hold position weights for 97 holdings in CNXT and 31 in WUGI, totalling 99.7% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 97 positions we hold weights for in CNXT and 31 in WUGI, against full books of 196 and 35.
What only one of them owns
Our book lists 27 positions for WUGI that do not appear in our book for CNXT (82.8% of the fund), and 0 for CNXT that do not appear in WUGI (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 WUGI 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 WUGI?
CNXT has an expense ratio of 0.65% while WUGI charges 0.84%. CNXT is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, CNXT or WUGI?
Over the past year CNXT returned +1.51% vs -5.57% for WUGI, so CNXT leads on 1-year performance. Over the longest common window we track (7 years), CNXT annualized +7.21% vs +20.61% for WUGI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CNXT or WUGI?
CNXT has been the more volatile fund at 34.2% annualized versus 28.8% for WUGI. Worst drawdown: CNXT -63.3% vs WUGI -56.4%.
Should I hold both CNXT and WUGI?
CNXT and WUGI have a monthly-return correlation of 0.37, 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 WUGI?
CNXT yields 0.18% while WUGI yields 0.22%, so WUGI currently pays the higher dividend yield.
Is WUGI better than CNXT?
CNXT has a lower expense ratio. CNXT led over 1Y, WUGI over 3Y, 5Y and the full window. CNXT is less concentrated, with 54.4% of the fund in its ten largest positions against 58.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.