Compare AU

Compare CNEW vs. CLNE

Compare shares and ETFs on the ASX that you can trade on Pearler.

China Growth Companies

ASX

Buy

Buy

Overview
Performance

Overview

When it comes to investing in the Australian stock market, Exchange-Traded Funds (ETFs) are a popular choice. Two well-known options in the Australian Securities Exchange (ASX) are the China Growth Companies (CNEW) and the S&P Global Clean Energy ETF (CLNE). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.

Community Stats

CNEW

CLNE

Popularity

Low

Low

Pearlers invested

52

505

Median incremental investment

$702.18

$680.00

Median investment frequency

Monthly

Monthly

Median total investment

$1,930.11

$837.38

Average age group

> 35

26 - 35


Key Summary

CNEW

CLNE

Strategy

CNEW.AX was created on 2018-11-08 by VanEck. The fund's investment portfolio concentrates primarily on total market equity. CNEW.AX gives investors a portfolio of the most fundamentally sound companies in China having the best growth prospects in sectors making up the New Economy, namely technology, health care, consumer staples and consumer discretionary. CNEW.AX aims to provide investment returns, before fees and other costs, which track the performance of the Index.

CLNE.AX was created on 2021-03-08 by VanEck. The fund's investment portfolio concentrates primarily on theme equity. Each Fund aims to provide investment returns before fees and other costs which track the performance of its Reference Index in Australian dollars.

Top 3 holdings

Changbai Mountain Tourism Co Ltd Class A (1.57 %)

Zhejiang China Commodities City Group Co Ltd Class A (1.20 %)

Toread Holdings Group Co Ltd Class A (1.15 %)

NEXTracker Inc Ordinary Shares - Class A (5.71 %)

Ormat Technologies Inc (5.43 %)

Contact Energy Ltd (5.19 %)

Top 3 industries

Consumer Discretionary (42.76 %)

Other (36.77 %)

Industrials (19.40 %)

Utilities (70.64 %)

Industrials (11.37 %)

Information Technology (9.24 %)

Top 3 countries

China (100.00 %)

United States (34.61 %)

New Zealand (9.16 %)

Denmark (8.55 %)

Management fee

0.95 %

0.65 %


Key Summary

CNEW

CLNE

Issuer

VanEck

VanEck

Tracking index

CSI MarketGrader China New Economy Index - CNY

S&P Global Clean Energy

Asset class

ETF

ETF

Management fee

0.95 %

0.65 %

Price

$7.07

$5.62

Size

$122.169 million

$64.075 million

10Y return

N/A

N/A

Annual distribution yield (5Y)

1.53 %

0.77 %

Market

ASX

ASX

First listed date

09/11/2018

09/03/2021

Purchase fee

$6.50

$6.50


Community Stats

CNEW

CLNE

Popularity

Low

Low

Pearlers invested

52

505

Median incremental investment

$702.18

$680.00

Median investment frequency

Monthly

Monthly

Median total investment

$1,930.11

$837.38

Average age group

> 35

26 - 35


Pros and Cons

CNEW

CLNE

Pros

  • Higher price growth

  • Higher distribution yield

  • Higher exposure to US market

  • Lower management fee

Cons

  • Lower exposure to US market

  • Higher management fee

  • Lower price growth

  • Lower distribution yield

CNEW

CLNE

Lower exposure to US market

Higher exposure to US market

Higher management fee

Lower management fee

Higher price growth

Lower price growth

Higher distribution yield

Lower distribution yield

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