ATLASWisdomTree China ex-State-Owned Enterprises Fund (CXSE): outlook, holdings and fees
WisdomTree China ex-State-Owned Enterprises Fund (CXSE) is an exchange-traded fund and is managed by WisdomTree. The expense ratio is 0.32% and the yield is 1.93%. The ten largest holdings are 36% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on CXSE
| Last price | $31.89 (+2.1%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 52% |
| Likely 1-month range (50%) | $30.71 – $33.34 |
| Normal 1-day range (±1σ) | ±1.4% |
| Distribution yield | 1.93% · quarterly |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
CXSE fund facts
| Issuer | WisdomTree |
|---|---|
| Theme | China |
| Assets under management | $445M |
| Expense ratio | 0.32% |
| Number of holdings | 49 |
| Portfolio turnover | 38% |
| Inception | Sep 19, 2012 |
| Exchange | NASDAQ |
The fund invests, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, in constituents of the index and/or investments that have economic characteristics that are substantially similar to the economic characteristics of such constituents. The index is a modified float-adjusted market cap weighted index that consists of common stocks in China, excluding common stocks of "state-owned enterprises. It is non-diversified.
CXSE top holdings
| Holding | Sector | Weight |
|---|---|---|
| Tencent Holdings Ltd 0700 | Communication Services | 7.93% |
| Alibaba Group Holding Ltd 9988 | Consumer Cyclical | 7.85% |
| Contemporary Amperex Technology Co Ltd Class A 300750 | Industrials | 4.15% |
| Shandong Zhongji Electrical Equipment Co Ltd 300308 | Technology | 3.40% |
| Ping An Insurance Group Co of China Ltd 601318 | Financial Services | 2.68% |
| Eoptolink Technology Inc Ltd 300502 | Technology | 2.32% |
| PDD Holdings Inc. PDD | Consumer Cyclical | 2.03% |
| Xiaomi Corp 1810 | Technology | 1.88% |
| Midea Group Co Ltd 000333 | Consumer Cyclical | 1.89% |
| Meituan 3690 | Consumer Cyclical | 1.74% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
CXSE sector breakdown
| Sector | Weight |
|---|---|
| Consumer Cyclicals | 24.6% |
| Technology | 22.9% |
| Communication Services | 13.6% |
| Industrials | 11.9% |
| Healthcare | 11.3% |
| Financial Services | 6.9% |
| Consumer Defensive | 4.7% |
| Basic Materials | 2.9% |
| Real Estate | 0.9% |
| Utilities | 0.2% |
By region: Asia Emerging 93.9%, Asia Developed 4.1%, North America 2.0%.
CXSE returns and risk
| Year to date | -13.0% |
|---|---|
| 1 year | -15.2% |
| 3 years (annualised) | +6.8% |
| 5 years (annualised) | -7.2% |
| 10 years (annualised) | +3.8% |
| Volatility (3 years) | 27.1% |
| Sharpe ratio (3 years) | 0.24 |
Past returns do not guarantee future results.
CXSE: frequently asked questions
What does CXSE invest in?
WisdomTree China ex-State-Owned Enterprises Fund invests in a portfolio of securities. Its largest holdings are Tencent Holdings Ltd (7.9%), Alibaba Group Holding Ltd (7.8%), Contemporary Amperex Technology Co Ltd Class A (4.1%), Shandong Zhongji Electrical Equipment Co Ltd (3.4%), Ping An Insurance Group Co of China Ltd (2.7%).
What is the CXSE expense ratio?
0.32% a year: about $32.00 for every $10,000 invested.
What is the CXSE dividend yield?
1.93%, paid quarterly. ATLAS does not hold the exact distribution dates for ETFs.
Will CXSE go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 52%, with a likely range (50%) of $30.71 to $33.34 from $31.89 today. It is a probability, not a prediction.
How has CXSE performed?
Year to date -13.0%, one year -15.2%, three years +6.8% a year, five years -7.2% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer