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ETFs

WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund

CXSE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 19 2012
Expense Ratio
0.32%
Type
Global Ex. US Equities
Fund Owner
Wisdom Tree
Volume (1m avg. daily)
$1,305,972
AUM
$709,618,971
Associated Index
WisdomTree China ex-State-Owned Enterprises Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

9988
Alibaba Group Holding Ltd
9.19%
2318
Ping AN Insurance (Group) Co. of China, Ltd. - Ordinary Shares - Class H
4.54%
n/a
Yuan Renminbi
4.52%
3690
Meituan - Ordinary Shares - Class B
4.17%
9999
NetEase Inc
3.57%
9618
JD.com Inc - Ordinary Shares - Class A
2.80%
2269
Wuxi Biologics (Cayman) Inc.
2.60%
PDD
PDD Holdings Inc - ADR
2.46%
300750
CONTEMPORARY AMPEREX TECHN-A
2.38%
601318
PING AN INSURANCE GROUP CO-A
2.03%
Invest with CXSE

What is CXSE?

WisdomTree China ex-State-Owned Enterprises Fund seeks to track the investment results of Chinese companies that are not state-owned enterprises, which is defined as government ownership of greater than 20%. The WisdomTree China ex-State-Owned Enterprises Index measures the performance of Chinese stocks that are not state owned enterprises. State owned enterprises are defined as government ownership of more than 20% of outstanding shares of companies. The index employs a modified float-adjusted market capitalization weighting process which means that the share amounts used in calculating the Index reflect only shares available to investors.

ETFs related toCXSE

ETFs correlated to CXSE include GXC, MCHI, YINN

CXSE
WisdomTree Trust - WisdomTree China ex-State-Owned Enterprises Fund
GXC
SSgA Active Trust - SPDR S&P China ETF
MCHI
BlackRock Institutional Trust Company N.A. - iShares MSCI China ETF
YINN
Direxion Shares ETF Trust - Direxion Daily FTSE China Bull 3X Shares
FXI
BlackRock Institutional Trust Company N.A. - iShares China Large-Cap ETF
CHIQ
Global X Funds - Global X MSCI China Consumer Discretionary ETF
CQQQ
Invesco Capital Management LLC - Invesco China Technology ETF
KWEB
KraneShares Trust - KraneShares CSI China Internet ETF
CWEB
Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares
PGJ
Invesco Capital Management LLC - Invesco Golden Dragon China ETF
EMQQ
Exchange Traded Concepts Trust - ETCT EMQQ The Emerging Markets Internet and Ecommerce ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toCXSE

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

#DRAGON

Dragon Portfolio

Category

Go Global

Risk Rating

Aggressive

Create your own algorithmic trading strategy with CXSE using Composer

FAQ

CXSE is a Global Ex. US Equities ETF. WisdomTree China ex-State-Owned Enterprises Fund seeks to track the investment results of Chinese companies that are not state-owned enterprises, which is defined as government ownership of greater than 20%. The WisdomTree China ex-State-Owned Enterprises Index measures the performance of Chinese stocks that are not state owned enterprises. State owned enterprises are defined as government ownership of more than 20% of outstanding shares of companies. The index employs a modified float-adjusted market capitalization weighting process which means that the share amounts used in calculating the Index reflect only shares available to investors.

CXSE tracks the WisdomTree China ex-State-Owned Enterprises Index.

No, CXSE is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, CXSE is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on CXSE is -0.0386%. This is the percent change in the value of CXSE over the most recent 1-month period. The 3-month return on CXSE is -0.0045%. This is the percent change in the value of CXSE over the most recent 3-month period.

The standard deviation of CXSE for the past year is 0.3619%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to CXSE include EWJ, EWW, and EWZ.

ETFs correlated to CXSE include GXC, MCHI, and YINN.

ETFs that are inversely correlated to CXSE include YANG, EDZ, and EUM.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.