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CNQQ ETF — Holdings & Analysis

The Rayliant-ChinaAMC Transformative China Tech ETF (CNQQ) is an equity ETF with $19.58B in assets under management. Launched in September 2025 by Rayliant, CNQQ seeks to replicate the Solactive ChinaAMC Transformative China Tech Index.

With an expense ratio of 0.75%, CNQQ provides exposure to transformative technology companies in China, differentiating itself through its focused approach within the Chinese tech sector.

Rayliant-ChinaAMC Transformative China Tech ETF (CNQQ) ETF — Price, Holdings & Analysis

The Rayliant-ChinaAMC Transformative China Tech ETF (CNQQ) is an equity ETF with $19.58B in assets under management. Launched in September 2025 by Rayliant, CNQQ seeks to replicate the Solactive ChinaAMC Transformative China Tech Index. With an expense ratio of 0.75%, CNQQ provides exposure to transformative technology companies in China, differentiating itself through its focused approach within the Chinese tech sector.

ETF Overview

The Rayliant-ChinaAMC Transformative China Tech ETF (the “Fund”) seeks to track the investment results (before fees and expenses) of the Solactive ChinaAMC Transformative China Tech Index (the “Underlying Index”).
CNQQ aims to capture the performance of transformative technology companies within China by tracking the Solactive ChinaAMC Transformative China Tech Index. This ETF provides investors with targeted exposure to key players in the Chinese technology sector, including companies involved in areas like e-commerce, artificial intelligence, and advanced manufacturing. The fund's top holdings include Alibaba Group Holding Ltd Ordinary Shares (8.82%), Tencent Holdings Ltd (8.59%), and Contemporary Amperex Technology Co Ltd Class A (5.81%). CNQQ is designed for investors seeking to capitalize on the growth potential of China's rapidly evolving technology landscape. By focusing on companies deemed to be transformative, the ETF offers a more concentrated approach compared to broader China equity ETFs.

Risk Metrics

CNQQ's concentration in the Chinese technology sector presents specific risks. A significant portion of the fund is allocated to its top holdings, with Alibaba and Tencent accounting for a substantial percentage of the total assets. This concentration means that the fund's performance is heavily reliant on the success of these key companies. The 0.75% expense ratio can create a drag on returns, especially when compared to lower-cost broad market ETFs. Furthermore, given the fund's focus on China, it is subject to regulatory and political risks specific to the region. The fund's beta is currently 0.00, indicating that it has not yet established a track record of volatility relative to the broader market.

Expense Ratio

0.75%

What does CNQQ hold?

HoldingWeight
Alibaba Group Holding Ltd Ordinary Shares (9988.HK)8.82%
Tencent Holdings Ltd (0700.HK)8.59%
Contemporary Amperex Technology Co Ltd Class A (300750.SZ)5.81%
Xiaomi Corp Class B (1810.HK)4.53%
Zhongji Innolight Co Ltd Class A (300308.SZ)3.79%
Meituan Class B (3690.HK)3.33%
NetEase Inc Ordinary Shares (9999.HK)2.40%
Baidu Inc (9888.HK)2.05%
Cambricon Technologies Corp Ltd Class A (688256.SS)1.99%
Shenzhen Mindray Bio-Medical Electronics Co Ltd Class A (300760.SZ)1.98%

Dividend Yield

0.00%

Risk Metrics

  • Beta: 0.00

Questions & Answers

What is CNQQ and what does it track?

The Rayliant-ChinaAMC Transformative China Tech ETF (CNQQ) is an exchange-traded fund that seeks to replicate the performance of the Solactive ChinaAMC Transformative China Tech Index.

This index is designed to represent the performance of companies that are considered to be at the forefront of technological innovation and transformation within China.

What is the expense ratio for CNQQ?

The expense ratio for CNQQ is 0.75%. This means that for every $10,000 invested in the fund, $75 is used to cover the fund's operating expenses.

While this provides access to a specific segment of the Chinese technology market, the expense ratio is higher than some broad market ETFs. Investors should consider this cost when evaluating the potential returns of CNQQ.

What are the top holdings in CNQQ?

The top holdings in CNQQ include some of the largest and most influential technology companies in China.

As of 2026-03-15, the top three holdings are Alibaba Group Holding Ltd Ordinary Shares (8.82%), Tencent Holdings Ltd (8.59%), and Contemporary Amperex Technology Co Ltd Class A (5.81%).

Is CNQQ a good long-term investment?

Evaluating CNQQ as a long-term investment requires careful consideration of its specific focus and associated risks. The ETF provides exposure to the Chinese technology sector, which offers growth potential but also faces regulatory and competitive pressures.

With an expense ratio of 0.75%, investors should factor in the cost of holding the fund over an extended period.

How does CNQQ compare to similar ETFs?

CNQQ distinguishes itself through its focus on transformative technology companies within China. While other ETFs may offer broader exposure to the Chinese equity market, CNQQ provides a more targeted approach.

The ETF's expense ratio of 0.75% may be higher than some broader China ETFs.

Does CNQQ pay dividends?

As of 2026-03-15, the Rayliant-ChinaAMC Transformative China Tech ETF (CNQQ) has a dividend yield of 0.00%. This indicates that the fund does not currently distribute dividends to its shareholders.

Investors seeking income-generating investments may want to consider other ETFs with a history of dividend payments. The fund's focus is primarily on capital appreciation through the growth of its underlying holdings, rather than generating income through dividends.