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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Retail Trade
Producer Manufacturing
Health Technology
Stocks99.84%
Technology Services19.96%
Retail Trade15.21%
Producer Manufacturing11.73%
Health Technology11.16%
Electronic Technology7.99%
Finance7.87%
Transportation5.71%
Consumer Non-Durables4.92%
Consumer Durables4.57%
Process Industries4.41%
Consumer Services2.65%
Commercial Services0.98%
Non-Energy Minerals0.97%
Utilities0.51%
Industrial Services0.37%
Miscellaneous0.35%
Health Services0.28%
Distribution Services0.09%
Energy Minerals0.09%
Bonds, Cash & Other0.16%
Cash0.16%
Stock breakdown by region
Asia95.60%
Europe3.32%
North America1.09%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CXSE invests in stocks. The fund's major sectors are Technology Services, with 19.96% stocks, and Retail Trade, with 15.21% of the basket. The assets are mostly located in the Asia region.
CXSE top holdings are Tencent Holdings Ltd and Alibaba Group Holding Limited, occupying 11.18% and 9.55% of the portfolio correspondingly.
CXSE last dividends amounted to 2.65 MXN. The quarter before, the issuer paid 5.17 MXN in dividends, which shows a 94.68% decrease.
Yes, CXSE pays dividends to its holders with the dividend yield of 1.49%. The last dividend (Dec 30, 2024) amounted to 1.80 MXN. The dividends are paid quarterly.
CXSE shares are issued by WisdomTree, Inc. under the brand WisdomTree. The ETF was launched on Sep 19, 2012, and its management style is Passive.
CXSE expense ratio is 0.32% meaning you'd have to pay 0.32% of your investment to help manage the fund.
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.
CXSE invests in stocks.
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.
CXSE trades at a premium (0.43%) meaning the ETF is trading at a higher price than the calculated NAV.