Key stats
About WISDOMTREE CHINA EX-STATE-OWNED ENTERPRISES FUND
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Inception date
Sep 19, 2012
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
WisdomTree Asset Management, Inc.
Distributor
Foreside Fund Services LLC
CXSE aims to provide broad Chinese equity exposure while excluding state-owned enterprises (SOEs). The underlying investment thesis is that private corporations are run more efficiently and act in the best interests of shareholders rather than the state. CXSEs approach to the Chinese market effectively limits its exposure to large industrials, and focuses instead on technology and consumer firms. A-shares are included, but are capped at 5% of the portfolio. Most of the fund is invested in in H-shares, N-shares, and P-chips, as well as ADRs and direct US listings. Note: CXSE changed its index, ticker, and expense ratio in July 2015. Its old ticker, CHXF, tracked an index of Chinese ex-financial companies with a dividend focus. The fund added A-share exposure in August 2017.
Classification
What's in the fund
Exposure type
Technology Services
Retail Trade
Producer Manufacturing
Health Technology
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CXSE trades at 658.00 MXN today, its price has risen 7.10% in the past 24 hours. Track more dynamics on CXSE price chart.
CXSE net asset value is 659.18 today — it's risen 4.89% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CXSE assets under management is 8.18 B MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CXSE price has risen by 9.06% over the last month, and its yearly performance shows a 32.79% increase. See more dynamics on CXSE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.89% over the last month, showed a −2.15% decrease in three-month performance and has increased by 35.93% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.89% over the last month, showed a −2.15% decrease in three-month performance and has increased by 35.93% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CXSE invests in stocks. See more details in our Analysis section.
CXSE expense ratio is 0.32%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CXSE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CXSE technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CXSE shows the buy signal. See more of CXSE technicals for a more comprehensive analysis.
Today, CXSE technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CXSE shows the buy signal. See more of CXSE technicals for a more comprehensive analysis.
Yes, CXSE pays dividends to its holders with the dividend yield of 1.49%.
CXSE trades at a premium (0.43%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CXSE shares are issued by WisdomTree, Inc.
CXSE follows the WisdomTree China ex-State-Owned Enterprises Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 19, 2012.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.