CNXT vs NMS

Comparison between VANECK CHINEXT INNOVATORS ETF (CNXT, ETF) and Nuveen Minnesota Quality Municipal Income Fund (NMS, ETF).

5-Year PerformanceCNXT has outperformed NMS, delivering a return of +3.0% compared to -0.2%

CNXT vs NMS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CNXT(ETF)	NMS(ETF)
Net Assets	$76M	$76M
Expense Ratio	0.65%	N/A
Max Drawdown	70.04%	47.88%
Sharpe Ratio	2.35	1.47
5Y Beta	0.57	0.05
5Y Dividends CAGR	-3.05%	7.77%

Net Assets

CNXT

$76M

Winner

NMS

$76M

Expense Ratio

CNXT

0.65%

NMS

N/A

Max Drawdown

CNXT

70.04%

Winner

NMS

47.88%

Sharpe Ratio

Winner

CNXT

2.35

NMS

1.47

5Y Beta

CNXT

0.57

Winner

NMS

0.05

5Y Dividends CAGR

CNXT

-3.05%

Winner

NMS

7.77%

CNXT vs NMS - Historical Returns

Returns include dividend reinvestment.

Period	CNXT	NMS
1 month	+3.97%	+1.54%
3 months	+24.62%	+3.77%
6 months	+30.47%	+6.39%
1 year	+101.67%	+15.71%
5 years(CAGR)	+3.01%	-0.16%
10 years(CAGR)	+6.08%	+1.81%
Max(CAGR)	+7.87%	+3.32%

Winner

CNXT

+3.97%

NMS

+1.54%

Winner

CNXT

+24.62%

NMS

+3.77%

Winner

CNXT

+30.47%

NMS

+6.39%

Winner

CNXT

+101.67%

NMS

+15.71%

5Y(CAGR)

Winner

CNXT

+3.01%

NMS

-0.16%

10Y(CAGR)

Winner

CNXT

+6.08%

NMS

+1.81%

Max(CAGR)

Winner

CNXT

+7.87%

NMS

+3.32%

CNXT vs NMS - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	CNXT	NMS
2026	+23.61%	+8.15%
2025	+65.65%	+2.31%
2024	+15.31%	+18.82%
2023	-22.08%	-0.21%
2022	-35.60%	-22.04%
2021	+4.80%	+6.60%
2020	+57.62%	+7.38%
2019	+43.64%	+23.39%
2018	-40.59%	-12.96%
2017	+18.43%	-4.05%
2016	-20.53%	+12.86%
2015	+42.40%	+6.24%
2014	+15.98%	-3.37%

CNXT vs NMS 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 NMS was -38.76%, occurring on Oct 25, 2023. This drawdown has not yet recovered.

The current CNXT drawdown is -7.14%. The current NMS drawdown is -2.97%.

Rank	CNXT	NMS
#1	-68.98% Jun 12, 2015 - Jan 3, 2019	-38.76% Sep 16, 2021 - Oct 25, 2023
#2	-10.47% Apr 6, 2015 - Apr 22, 2015	-25.42% Sep 30, 2016 - Aug 11, 2020
#3	-10.28% Dec 4, 2014 - Jan 13, 2015	-7.35% Aug 19, 2020 - Oct 27, 2020
#4	-6.76% May 26, 2015 - Jun 2, 2015	-7.31% Mar 18, 2015 - Jan 29, 2016
#5	-6.62% Jan 22, 2015 - Feb 4, 2015	-6.32% Nov 6, 2014 - Jan 27, 2015
#6	-6.36% Jun 2, 2015 - Jun 12, 2015	-5.93% Jun 23, 2021 - Sep 14, 2021
#7	-6.29% Feb 4, 2015 - Feb 13, 2015	-5.58% Oct 15, 2014 - Nov 6, 2014
#8	-5.50% Oct 9, 2014 - Dec 3, 2014	-5.15% May 4, 2021 - Jun 23, 2021
#9	-3.62% Sep 12, 2014 - Sep 30, 2014	-4.27% Aug 15, 2016 - Sep 30, 2016
#10	-3.52% Mar 5, 2015 - Mar 11, 2015	-4.04% Apr 13, 2016 - Jun 6, 2016
#11	-3.41% May 4, 2015 - May 8, 2015	-4.00% Jul 6, 2016 - Aug 5, 2016
#12	-3.06% Apr 24, 2015 - May 4, 2015	-3.76% Jun 17, 2016 - Jul 6, 2016
#13	-2.96% Mar 25, 2015 - Mar 30, 2015	-3.60% Oct 27, 2020 - Nov 17, 2020
#14	-2.61% Aug 22, 2014 - Sep 2, 2014	-3.53% Feb 11, 2021 - Apr 14, 2021
#15	-2.47% Feb 24, 2015 - Mar 2, 2015	-2.67% Feb 11, 2016 - Feb 25, 2016

Correlation

Correlation between CNXT and NMS is 0.57 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.57

-101

Dividend Comparison (2014 - 2026)

CNXT vs NMS dividend yield comparison.

Year	CNXT	NMS
2026	0.00%	2.70%
2025	0.18%	7.29%
2024	0.15%	6.05%
2023	0.00%	4.03%
2022	0.00%	5.24%
2021	9.22%	4.19%
2020	0.01%	3.93%
2019	0.45%	4.05%
2018	0.00%	5.52%
2017	0.19%	5.20%
2016	0.00%	4.68%
2015	0.00%	5.60%
2014	0.00%	0.96%