CNXT vs MBS

Comparison between VANECK CHINEXT INNOVATORS ETF (CNXT, ETF) and ANGEL OAK MORTGAGE-BACKED SECURITIES ETF (MBS, ETF).

CNXT vs MBS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CNXT(ETF)	MBS(ETF)
Net Assets	$147M	$147M
Expense Ratio	0.65%	0.49%
Max Drawdown	70.04%	5.70%
Sharpe Ratio	2.25	0.98
5Y Beta	0.57	0.02
5Y Dividends CAGR	-3.05%	N/A

Net Assets

CNXT

$147M

Winner

MBS

$147M

Expense Ratio

CNXT

0.65%

Winner

MBS

0.49%

Max Drawdown

CNXT

70.04%

Winner

MBS

5.70%

Sharpe Ratio

Winner

CNXT

2.25

MBS

0.98

5Y Beta

CNXT

0.57

Winner

MBS

0.02

5Y Dividends CAGR

CNXT

-3.05%

MBS

N/A

CNXT vs MBS - Historical Returns

Returns include dividend reinvestment.

Period	CNXT	MBS
1 month	-2.64%	+0.07%
3 months	+19.02%	-0.28%
6 months	+25.89%	+1.37%
1 year	+97.89%	+6.31%
5 years(CAGR)	+2.83%	N/A
10 years(CAGR)	+6.70%	N/A
Max(CAGR)	+7.72%	+6.38%

CNXT

-2.64%

Winner

MBS

+0.07%

Winner

CNXT

+19.02%

MBS

-0.28%

Winner

CNXT

+25.89%

MBS

+1.37%

Winner

CNXT

+97.89%

MBS

+6.31%

5Y(CAGR)

CNXT

+2.83%

MBS

N/A

10Y(CAGR)

CNXT

+6.70%

MBS

N/A

Max(CAGR)

Winner

CNXT

+7.72%

MBS

+6.38%

CNXT vs MBS - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	CNXT	MBS
2026	+21.69%	+0.91%
2025	+65.65%	+8.12%
2024	+15.31%	+5.78%
2023	-22.08%	N/A
2022	-35.60%	N/A
2021	+4.80%	N/A
2020	+57.62%	N/A
2019	+43.64%	N/A
2018	-40.59%	N/A
2017	+18.43%	N/A
2016	-20.53%	N/A
2015	+42.40%	N/A
2014	+15.98%	N/A

CNXT vs MBS Drawdown Comparison

The maximum drawdown for CNXT was -68.98%, occurring on Jan 3, 2019. This drawdown has not yet recovered.

The maximum drawdown for MBS was -4.09%, occurring on Jan 13, 2025. Recovery took 133 trading sessions.

The current CNXT drawdown is -8.58%. The current MBS drawdown is -1.23%.

Rank	CNXT	MBS
#1	-68.98% Jun 12, 2015 - Jan 3, 2019	-4.09% Sep 20, 2024 - Apr 3, 2025
#2	-10.47% Apr 6, 2015 - Apr 22, 2015	-2.82% Mar 11, 2024 - Jun 4, 2024
#3	-10.28% Dec 4, 2014 - Jan 13, 2015	-2.54% Apr 4, 2025 - Aug 1, 2025
#4	-6.76% May 26, 2015 - Jun 2, 2015	-2.20% Mar 2, 2026 - May 19, 2026
#5	-6.62% Jan 22, 2015 - Feb 4, 2015	-1.12% Jun 6, 2024 - Jun 14, 2024
#6	-6.36% Jun 2, 2015 - Jun 12, 2015	-0.85% Aug 5, 2024 - Aug 21, 2024
#7	-6.29% Feb 4, 2015 - Feb 13, 2015	-0.77% Jan 9, 2026 - Feb 5, 2026
#8	-5.50% Oct 9, 2014 - Dec 3, 2014	-0.75% Jun 25, 2024 - Jul 5, 2024
#9	-3.62% Sep 12, 2014 - Sep 30, 2014	-0.74% Oct 28, 2025 - Nov 28, 2025
#10	-3.52% Mar 5, 2015 - Mar 11, 2015	-0.65% Feb 20, 2024 - Feb 28, 2024
#11	-3.41% May 4, 2015 - May 8, 2015	-0.53% Nov 28, 2025 - Dec 26, 2025
#12	-3.06% Apr 24, 2015 - May 4, 2015	-0.48% Jul 8, 2024 - Jul 12, 2024
#13	-2.96% Mar 25, 2015 - Mar 30, 2015	-0.45% Jul 17, 2024 - Jul 29, 2024
#14	-2.61% Aug 22, 2014 - Sep 2, 2014	-0.40% Aug 21, 2024 - Aug 27, 2024
#15	-2.47% Feb 24, 2015 - Mar 2, 2015	-0.34% Sep 17, 2025 - Sep 30, 2025