ETF Research

CXSE: WISDOMTREE CHINA EX-STATE-OWNED ENTERPRISES FUND

Generated from StockValueFinder data · Updated Oct 13, 2026 1:07 AM
Educational content only. This is not financial advice and is not a recommendation to buy, sell, or hold any ETF.

Share-split context: A forward split was recorded on Oct 19, 2020 with coefficient 2. A forward split turns each old share into multiple new shares and lowers the quoted price per share proportionally. Proportional ownership is unchanged at the split moment, so the split itself creates neither a gain nor a loss. The price-return figures in this report are already split-adjusted.

What this ETF is trying to do

The WisdomTree China Ex-State-Owned Enterprises Fund (CXSE) is an ETF designed to invest in companies in China that are not owned by the state. It focuses on private enterprises rather than government-run businesses. This fund holds 224 different companies.

What the numbers show

When looking at CXSE, it is important to understand two different types of returns: price return (the change in the share price) and total return (which includes both price changes and distributions).

• Year-to-Date (YTD): The price return is approximately -13.38%, while the total return is approximately -12.51%.

• One-Year: The price return was approximately -22.10%, and the total return was approximately -20.69%.

• Three-Year: The price return was approximately 17.82%, and the total return was approximately 24.22%.

• Five-Year: The five-year total return was approximately -30.66%.

Because this ETF has a history of forward splits, the price data is split-adjusted. This means that when a split occurred (like the one on October 19, 2020), each old share became multiple new shares. This makes the price per share look lower, but it does not change how much of the fund you own.

Income and distribution explanation

CXSE provides cash distributions to investors. The current distribution yield is approximately 1.99%. Over the last 12 months, there were 4 distributions. These payments usually happen on a quarterly basis.

It is important to remember that a distribution yield tells you how much cash was paid out relative to the price, but it is not the same as your total return.

NAV erosion explanation

The fund has an erosion-risk score of 55, which is labeled as "Moderate price erosion." This indicates a moderate level of price deterioration.

The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion. While the market price of the shares has declined in certain periods, we cannot use this alone to prove that the Net Asset Value (the actual value of the underlying assets) has declined.

Top Holdings

The following are some of the top holdings in this fund (note that this is a partial list):

• Tencent Holdings Ltd: 7.71%

• Zhongji Innolight Co Ltd Class A: 4.03%

• Eoptolink Technology Inc Ltd Class A: 2.63%

• PDD Holdings Inc ADR: 1.95%

• Xiaomi Corp Class B: 1.90%

• Midea Group Co Ltd Class A: 1.72%

• Meituan Class B: 1.67%

• Wuxi Apptec Co Ltd Class A: 1.65%

Holdings can change over time. This data was updated on October 8, 2026.

Pros

• Provides exposure to private Chinese companies rather than state-owned ones.

• Has shown positive total returns over a three-year period.

Cons

• The fund has experienced significant price declines over the last year and a five-year period.

• The erosion-risk score indicates moderate price erosion.

Beginner takeaway

CXSE focuses on private companies in China. While it offers some income through quarterly distributions, investors should look closely at the difference between price returns and total returns. The fund has shown recent price declines, which is reflected in its moderate erosion-risk score.

Top Holdings

Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.

224 holdings available
# Holding Ticker Weight
1 TENCENT HOLDINGS LTD n/a 7.71%
2 n/a n/a 7.44%
3 n/a n/a 4.15%
4 n/a n/a 4.03%
5 ZHONGJI INNOLIGHT CO LTD CLASS A n/a 4.03%
6 EOPTOLINK TECHNOLOGY INC LTD CLASS A n/a 2.63%
7 PDD HOLDINGS INC ADR PDD 1.95%
8 XIAOMI CORP CLASS B n/a 1.90%
9 MIDEA GROUP CO LTD CLASS A n/a 1.72%
10 MEITUAN CLASS B n/a 1.67%
Show all 224 holdings
1. TENCENT HOLDINGS LTD n/a 7.71%
2. n/a n/a 7.44%
3. n/a n/a 4.15%
4. n/a n/a 4.03%
5. ZHONGJI INNOLIGHT CO LTD CLASS A n/a 4.03%
6. EOPTOLINK TECHNOLOGY INC LTD CLASS A n/a 2.63%
7. PDD HOLDINGS INC ADR PDD 1.95%
8. XIAOMI CORP CLASS B n/a 1.90%
9. MIDEA GROUP CO LTD CLASS A n/a 1.72%
10. MEITUAN CLASS B n/a 1.67%
11. WUXI APPTEC CO LTD CLASS A n/a 1.65%
12. CAMBRICON TECHNOLOGIES CORP LTD CLASS A n/a 1.51%
13. NETEASE INC ORDINARY SHARES n/a 1.42%
14. n/a n/a 1.31%
15. BYD CO LTD CLASS H n/a 1.27%
16. n/a n/a 1.13%
17. JD.COM INC ORDINARY SHARES CLASS A n/a 1.12%
18. EAST MONEY INFORMATION CO LTD CLASS A n/a 1.09%
19. MONTAGE TECHNOLOGY CO LTD CLASS A n/a 1.00%
20. H WORLD GROUP LTD ORDINARY SHARES n/a 0.34%
21. TCL TECHNOLOGY GROUP CORP CLASS A n/a 0.34%
22. WENS FOODSTUFF GROUP CO LTD CLASS A n/a 0.34%
23. n/a n/a 0.32%
24. WANGUO GOLD GROUP LTD n/a 0.32%
25. n/a n/a 0.31%
26. WUXI XDC CAYMAN INC n/a 0.31%
27. n/a n/a 0.30%
28. JCET GROUP CO LTD CLASS A n/a 0.29%
29. HANSOH PHARMACEUTICAL GROUP CO LTD n/a 0.28%
30. n/a n/a 0.28%
31. SF HOLDING CO LTD CLASS A n/a 0.28%
32. SINO BIOPHARMACEUTICAL LTD n/a 0.28%
33. HAIER SMART HOME CO LTD CLASS A n/a 0.27%
34. n/a n/a 0.27%
35. n/a n/a 0.27%
36. XPENG INC CLASS A n/a 0.27%
37. GDS HOLDINGS LTD CLASS A n/a 0.26%
38. LI AUTO INC ORDINARY SHARES CLASS A n/a 0.26%
39. n/a n/a 0.26%
40. n/a n/a 0.26%
41. n/a n/a 0.26%
42. EVE ENERGY CO LTD CLASS A n/a 0.25%
43. n/a n/a 0.25%
44. NIO INC CLASS A n/a 0.25%
45. SUNNY OPTICAL TECHNOLOGY (GROUP) CO LTD n/a 0.25%
46. TBEA CO LTD CLASS A n/a 0.25%
47. HAIER SMART HOME CO LTD CLASS H n/a 0.24%
48. KANZHUN LTD ADR BZ 0.24%
49. ENN ENERGY HOLDINGS LTD n/a 0.22%
50. JD HEALTH INTERNATIONAL INC n/a 0.22%
51. JOYY INC ADR JOYY 0.22%
52. n/a n/a 0.22%
53. TINGYI (CAYMAN ISLANDS) HOLDING CORP n/a 0.22%
54. XTALPI HOLDINGS LTD n/a 0.22%
55. AAC TECHNOLOGIES HOLDINGS INC n/a 0.21%
56. GOERTEK INC CLASS A n/a 0.21%
57. HORIZON ROBOTICS CLASS B n/a 0.21%
58. LENS TECHNOLOGY CO LTD CLASS A n/a 0.21%
59. UNISPLENDOUR CORP LTD CLASS A n/a 0.21%
60. 3SBIO INC SHS UNITARY 144A/REG S n/a 0.20%
61. BILIBILI INC CLASS Z n/a 0.20%
62. HWATSING TECHNOLOGY CO LTD CLASS A n/a 0.20%
63. n/a n/a 0.20%
64. n/a n/a 0.20%
65. TAL EDUCATION GROUP ADR TAL 0.20%
66. CHINA MINSHENG BANKING CORP LTD CLASS H n/a 0.19%
67. KEYMED BIOSCIENCES INC n/a 0.19%
68. ZHEJIANG HUAYOU COBALT CO LTD CLASS A n/a 0.19%
69. JD LOGISTICS INC n/a 0.18%
70. n/a n/a 0.18%
71. n/a n/a 0.18%
72. n/a n/a 0.18%
73. ZAI LAB LTD ORDINARY SHARES n/a 0.18%
74. CHINESE RENMINBI n/a 0.17%
75. DONGYUE GROUP LTD n/a 0.17%
76. KINGSOFT CORP LTD n/a 0.17%
77. LINGBAO GOLD GROUP CO LTD CLASS H n/a 0.17%
78. n/a n/a 0.17%
79. n/a n/a 0.17%
80. SHANGHAI FOSUN PHARMACEUTICAL (GROUP) CO LTD CLASS A n/a 0.17%
81. GANFENG LITHIUM GROUP CO LTD CLASS A n/a 0.16%
82. HARBIN ELECTRIC CO LTD CLASS H n/a 0.16%
83. INNOCARE PHARMA LTD n/a 0.16%
84. n/a n/a 0.16%
85. n/a n/a 0.16%
86. n/a n/a 0.16%
87. n/a n/a 0.16%
88. n/a n/a 0.16%
89. NINE DRAGONS PAPER (HOLDINGS) LTD n/a 0.16%
90. ATOUR LIFESTYLE HOLDINGS LTD ADR ATAT 0.15%
91. EAST BUY HOLDING LTD n/a 0.15%
92. FOSUN INTERNATIONAL LTD n/a 0.15%
93. GCL TECHNOLOGY HOLDINGS LTD n/a 0.15%
94. HBM HOLDINGS LTD ORDINARY SHARES n/a 0.15%
95. HUTCHMED (CHINA) LTD n/a 0.15%
96. LI NING CO LTD n/a 0.15%
97. n/a n/a 0.15%
98. AVARY HOLDING (SHENZHEN) CO LTD CLASS A n/a 0.14%
99. CHINA MEDICAL SYSTEM HOLDINGS LTD n/a 0.14%
100. CHINA RUYI HOLDINGS LTD n/a 0.14%
101. CHOW TAI FOOK JEWELLERY GROUP LTD n/a 0.14%
102. COUNTRY GARDEN SERVICES HOLDINGS CO LTD n/a 0.14%
103. GANFENG LITHIUM GROUP CO LTD n/a 0.14%
104. HAITIAN INTERNATIONAL HOLDINGS LTD n/a 0.14%
105. HENGAN INTERNATIONAL GROUP CO LTD n/a 0.14%
106. KUANG-CHI TECHNOLOGIES CO LTD CLASS A n/a 0.14%
107. n/a n/a 0.14%
108. n/a n/a 0.14%
109. SUNAC CHINA HOLDINGS LTD n/a 0.14%
110. BOSIDENG INTERNATIONAL HOLDINGS LTD n/a 0.13%
111. BUDWEISER BREWING CO APAC LTD n/a 0.13%
112. BYD ELECTRONIC (INTERNATIONAL) CO LTD n/a 0.13%
113. CHINA FEIHE LTD ORDINARY SHARES n/a 0.13%
114. GUMING HOLDINGS LTD n/a 0.13%
115. n/a n/a 0.13%
116. n/a n/a 0.13%
117. n/a n/a 0.13%
118. REMEGEN CO LTD CLASS H n/a 0.13%
119. TIANQI LITHIUM CORP CLASS A n/a 0.13%
120. UNI-PRESIDENT CHINA HOLDINGS LTD n/a 0.13%
121. ZANGGE MINING CO LTD CLASS A n/a 0.13%
122. AUTOHOME INC ADR ATHM 0.12%
123. BNY DREYFUS TREASURY OBLGTNS CSH MGT INS DTRXX 0.12%
124. CHINA CONCH VENTURE HOLDINGS LTD n/a 0.12%
125. KINGSOFT CLOUD HOLDINGS LTD n/a 0.12%
126. LEGEND BIOTECH CORP ADR LEGN 0.12%
127. LONGFOR GROUP HOLDINGS LTD n/a 0.12%
128. n/a n/a 0.12%
129. n/a n/a 0.12%
130. n/a n/a 0.12%
131. n/a n/a 0.12%
132. n/a n/a 0.12%
133. SANAN OPTOELECTRONICS CO LTD CLASS A n/a 0.12%
134. VNET GROUP INC ADR VNET 0.12%
135. XINYI GLASS HOLDINGS LTD n/a 0.12%
136. CHINASOFT INTERNATIONAL LTD n/a 0.11%
137. HAIDILAO INTERNATIONAL HOLDING LTD n/a 0.11%
138. JIANGSU HENGLI HYDRAULIC CO LTD CLASS A n/a 0.11%
139. MINTH GROUP LTD n/a 0.11%
140. n/a n/a 0.11%
141. n/a n/a 0.11%
142. n/a n/a 0.11%
143. n/a n/a 0.11%
144. NEWBORN TOWN INC ORDINARY SHARES n/a 0.11%
145. SG MICRO CORP CLASS A n/a 0.11%
146. VIPSHOP HOLDINGS LTD ADR VIPS 0.11%
147. AIER EYE HOSPITAL GROUP CO LTD CLASS A n/a 0.10%
148. GRAND PHARMACEUTICAL GROUP LTD n/a 0.10%
149. LINGYI ITECH (GUANGDONG) CO LTD CLASS A n/a 0.10%
150. n/a n/a 0.10%
151. n/a n/a 0.10%
152. n/a n/a 0.10%
153. n/a n/a 0.10%
154. n/a n/a 0.10%
155. n/a n/a 0.10%
156. RLX TECHNOLOGY INC ADR RLX 0.10%
157. SATELLITE CHEMICAL CO LTD CLASS A n/a 0.10%
158. WANT WANT CHINA HOLDINGS LTD n/a 0.10%
159. XD INC ORDINARY SHARES n/a 0.10%
160. XINYI SOLAR HOLDINGS LTD n/a 0.10%
161. BLACK SESAME INTERNATIONAL HOLDING LTD n/a 0.09%
162. CHINA LITERATURE LTD ORDINARY SHARES n/a 0.09%
163. EVEREST MEDICINES LTD ORDINARY SHARES n/a 0.09%
164. GREAT WALL MOTOR CO LTD CLASS H n/a 0.09%
165. GUANGDONG HAID GROUP CO LTD CLASS A n/a 0.09%
166. HUNDSUN TECHNOLOGIES INC CLASS A n/a 0.09%
167. n/a n/a 0.09%
168. n/a n/a 0.09%
169. n/a n/a 0.09%
170. n/a n/a 0.09%
171. PHANCY GROUP CO LTD CLASS H SHARES n/a 0.09%
172. ROCKCHIP ELECTRONICS CO LTD CLASS A n/a 0.09%
173. TONGWEI CO LTD CLASS A n/a 0.09%
174. UP FINTECH HOLDING LTD ADR TIGR 0.09%
175. WOLONG ELECTRIC GROUP CO LTD CLASS A n/a 0.09%
176. ZHEJIANG NHU CO LTD CLASS A n/a 0.09%
177. ABBISKO CAYMAN LTD n/a 0.08%
178. ASCENTAGE PHARMA GROUP INTERNATIONAL n/a 0.08%
179. DAMAI ENTERTAINMENT HOLDINGS LTD n/a 0.08%
180. EASTROC BEVERAGE (GROUP) CO LTD CLASS A n/a 0.08%
181. FUFENG GROUP LTD n/a 0.08%
182. GIANT NETWORK GROUP CO LTD CLASS A n/a 0.08%
183. GOTION HIGH-TECH CO LTD CLASS A n/a 0.08%
184. HAINAN AIRLINES HOLDING CO LTD CLASS A n/a 0.08%
185. JIANGSU HOPERUN SOFTWARE CO LTD CLASS A n/a 0.08%
186. KINGNET NETWORK CO LTD CLASS A n/a 0.08%
187. n/a n/a 0.08%
188. TONGCHENG TRAVEL HOLDINGS LTD n/a 0.08%
189. TUHU CAR INC ORDINARY SHARES CLASS A n/a 0.08%
190. WEIBO CORP CLASS A n/a 0.08%
191. YUTONG BUS CO LTD CLASS A n/a 0.08%
192. KINGFA SCI & TEC CO LTD CLASS A n/a 0.07%
193. LEPU BIOPHARMA CO LTD CLASS H n/a 0.07%
194. MIXUE GROUP ORDINARY SHARES- CLASS H n/a 0.07%
195. n/a n/a 0.07%
196. n/a n/a 0.07%
197. NET CURRENT ASSETS n/a 0.07%
198. NETEASE CLOUD MUSIC INC n/a 0.07%
199. ROBOSENSE TECHNOLOGY CO LTD n/a 0.07%
200. SUNWODA ELECTRONIC CO LTD CLASS A n/a 0.07%
201. AMLOGIC (SHANGHAI) CO LTD CLASS A n/a 0.06%
202. BEONE MEDICINES LTD CLASS A n/a 0.06%
203. BLOKS GROUP LTD ORDINARY SHARES n/a 0.06%
204. GEM CO LTD CLASS A n/a 0.06%
205. IQIYI INC ADR IQ 0.06%
206. MICROPORT SCIENTIFIC CORP n/a 0.06%
207. PING AN HEALTHCARE AND TECHNOLOGY CO LTD ORDINARY SHARES n/a 0.06%
208. XTEP INTERNATIONAL HOLDINGS LTD n/a 0.06%
209. ZHEJIANG DAHUA TECHNOLOGY CO LTD CLASS A n/a 0.06%
210. DAQO NEW ENERGY CORP ADR DQ 0.05%
211. JF SMARTINVEST HOLDINGS LTD n/a 0.05%
212. MINISO GROUP HOLDING LTD n/a 0.05%
213. OFILM GROUP CO LTD CLASS A n/a 0.05%
214. QFIN HOLDINGS INC ADR QFIN 0.05%
215. WEIMOB INC n/a 0.05%
216. LUFAX HOLDING LTD ADR LU 0.03%
217. TOPSPORTS INTERNATIONAL HOLDINGS LTD n/a 0.03%
218. HONG KONG DOLLAR n/a 0.02%
219. QUNABOX GROUP LTD n/a 0.02%
220. ZHEJIANG SHUANGHUAN DRIVELINE CO LTD CLASS A n/a 0.02%
221. ZHONGSHENG GROUP HOLDINGS LTD n/a 0.02%
222. KANGMEI PHARMACEUTICAL CO RIGHTS n/a 0.00%
223. XXF GROUP HOLDINGS LTD n/a 0.00%
224. CHINESE YUAN n/a 0.00%
Holdings data last updated Oct 8, 2026 4:55 AM . Provider-reported weights may not sum exactly to 100%.
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