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Name

As of 07/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

VanEck Green Metals ETF

GMET | ETF

$23.11

$24 M

2.12%

$0.49

0.66%

Vitals

YTD Return

-5.0%

1 yr return

-17.7%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$24 M

Holdings in Top 10

59.6%

52 WEEK LOW AND HIGH

$23.3
$20.48
$28.95

Expenses

OPERATING FEES

Expense Ratio 0.66%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 07/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

VanEck Green Metals ETF

GMET | ETF

$23.11

$24 M

2.12%

$0.49

0.66%

GMET - Profile

Distributions

  • YTD Total Return -5.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 2.1%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    VanEck Green Metals ETF
  • Fund Family Name
    VANECKFUND
  • Inception Date
    Nov 09, 2021
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Guo Hua (Jason) Jin

Fund Description

The Fund normally invests at least 80% of its total assets in securities of Green Metals Companies. The Clean-Tech Metals Index is a global index that tracks the performance of Green Metals Companies. “Green Metals Companies” are companies involved in the production, refining, processing and recycling of green metals. “Green metals” are metals, including certain rare earth and strategic metals, used in the applications, products and processes that enable the energy transition from fossil fuels to cleaner energy sources and technologies. To be initially eligible for the Clean-Tech Metals Index, companies must generate at least 50% of their revenues from green metals or have mining projects with the potential to generate at least 50% of their revenues from green metals when developed.
The Clean-Tech Metals Index may include small- and medium-capitalization companies, foreign and emerging market issuers and A-shares issued by companies trading via the Shanghai-Hong Kong Stock Connect program and the Shenzhen-Hong Kong Stock Connect program (together, “Stock Connect”). As of December 31, 2023, the Clean-Tech Metals Index included 55 securities of
companies with a market capitalization range of between approximately $1 billion and $73.7 billion and a weighted average market capitalization of $24.1 billion. These amounts are subject to change. The Clean-Tech Metals Index is published by MarketVector IndexesTM GmbH (the “Index Provider” or “MarketVector”), which is a wholly owned subsidiary of the Adviser. The Clean-Tech Metals Index is reconstituted and rebalanced quarterly. The Fund’s 80% investment policy is non-fundamental and may be changed without shareholder approval upon 60 days’ prior written notice to shareholders.
The Fund, using a “passive” or indexing investment approach, attempts to approximate the investment performance of the Clean-Tech Metals Index by investing in a portfolio of securities that generally replicates the Clean-Tech Metals Index. Unlike many investment companies that try to “beat” the performance of a benchmark index, the Fund does not try to “beat” the Clean-Tech Metals Index and does not seek temporary defensive positions that are inconsistent with its investment objective of seeking to track the Clean-Tech Metals Index.
The Fund is classified as a non-diversified fund under the Investment Company Act of 1940, as amended (the “Investment Company Act of 1940”), and therefore, may invest a greater percentage of its assets in a particular issuer. The Fund may concentrate its investments in a particular industry or group of industries to the extent that the Clean-Tech Metals Index concentrates in an industry or group of industries. As of December 31, 2023, each of the metals & mining, copper and chemicals industries represented a significant portion of the Fund.
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GMET - Performance

Return Ranking - Trailing

Period GMET Return Category Return Low Category Return High Rank in Category (%)
YTD -5.0% -17.0% 23.8% 40.68%
1 Yr -17.7% -25.4% 16.2% N/A
3 Yr N/A* 0.2% 73.7% N/A
5 Yr N/A* -5.9% 14.1% N/A
10 Yr N/A* -10.9% 12.2% N/A

* Annualized

Return Ranking - Calendar

Period GMET Return Category Return Low Category Return High Rank in Category (%)
2023 -14.1% -32.2% 34.0% N/A
2022 -19.2% -10.9% 35.5% N/A
2021 N/A -8.5% 36.3% N/A
2020 N/A -13.9% 8.5% N/A
2019 N/A -11.7% 24.9% N/A

Total Return Ranking - Trailing

Period GMET Return Category Return Low Category Return High Rank in Category (%)
YTD -5.0% -30.0% 23.8% 94.07%
1 Yr -17.7% -25.4% 51.5% N/A
3 Yr N/A* 0.2% 73.7% N/A
5 Yr N/A* -5.9% 18.1% N/A
10 Yr N/A* -10.9% 13.9% N/A

* Annualized

Total Return Ranking - Calendar

Period GMET Return Category Return Low Category Return High Rank in Category (%)
2023 -12.3% -32.2% 34.0% N/A
2022 -17.1% -10.9% 35.5% N/A
2021 N/A -8.5% 36.3% N/A
2020 N/A -13.9% 8.5% N/A
2019 N/A -11.7% 24.9% N/A

GMET - Holdings

Concentration Analysis

GMET Category Low Category High GMET % Rank
Net Assets 24 M 1.77 M 8.89 B 91.53%
Number of Holdings 58 23 422 45.76%
Net Assets in Top 10 14.3 M 770 K 4.68 B 90.68%
Weighting of Top 10 59.62% 18.0% 74.6% 23.73%

Top 10 Holdings

  1. Freeport-McMoRan Inc 8.90%
  2. Glencore PLC 8.00%
  3. Anglo American PLC 6.92%
  4. Teck Resources Ltd 6.79%
  5. Grupo Mexico SAB de CV 6.61%
  6. State Street Navigator Securities Lending Government Money Market Portfolio 5.44%
  7. Albemarle Corp 5.11%
  8. Antofagasta PLC 4.48%
  9. Southern Copper Corp 4.10%
  10. Boliden AB 3.27%

Asset Allocation

Weighting Return Low Return High GMET % Rank
Stocks 		99.86% 78.27% 100.48% 54.62%
Cash 		5.44% -1.77% 21.06% 43.22%
Preferred Stocks 		0.00% 0.00% 0.60% 50.85%
Other 		0.00% -1.72% 2.99% 50.00%
Convertible Bonds 		0.00% 0.00% 0.43% 51.69%
Bonds 		0.00% -2.00% 2.96% 52.10%

Stock Sector Breakdown

Weighting Return Low Return High GMET % Rank
Utilities 		0.00% 0.00% 46.27% 77.12%
Technology 		0.00% 0.00% 25.71% 71.19%
Real Estate 		0.00% 0.00% 36.20% 64.41%
Industrials 		0.00% 0.00% 63.67% 73.73%
Healthcare 		0.00% 0.00% 22.67% 67.80%
Financial Services 		0.00% 0.00% 4.52% 56.78%
Energy 		0.00% 0.00% 89.67% 82.20%
Communication Services 		0.00% 0.00% 0.21% 49.15%
Consumer Defense 		0.00% 0.00% 33.96% 73.73%
Consumer Cyclical 		0.00% 0.00% 43.37% 76.27%
Basic Materials 		0.00% 2.49% 100.00% 2.54%

Stock Geographic Breakdown

Weighting Return Low Return High GMET % Rank
Non US 		67.92% 0.00% 90.92% 3.39%
US 		31.94% 8.98% 99.93% 97.46%

GMET - Expenses

Operational Fees

GMET Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.66% 0.01% 5.06% 73.33%
Management Fee 0.59% 0.00% 1.25% 38.98%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

GMET Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 2.25% N/A

Trading Fees

GMET Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GMET Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 4.00% 169.00% N/A

GMET - Distributions

Dividend Yield Analysis

GMET Category Low Category High GMET % Rank
Dividend Yield 2.12% 0.00% 11.09% 82.50%

Dividend Distribution Analysis

GMET Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Quarterly Semi-Annually

Net Income Ratio Analysis

GMET Category Low Category High GMET % Rank
Net Income Ratio N/A -35.65% 9.06% 96.46%

Capital Gain Distribution Analysis

GMET Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

GMET - Fund Manager Analysis

Managers

Guo Hua (Jason) Jin

Start Date

Tenure

Tenure Rank

Nov 09, 2021

0.56

0.6%

Guo Hua (Jason) Jin has been employed by Van Eck Associates Corporation as an analyst since January 2007 and has been a portfolio manager since 2018. Mr. Jin graduated from the State University of New York at Buffalo in 2004 with a Bachelor of Science degree in Business Administration with a concentration in Financial Analysis.

Peter Liao

Start Date

Tenure

Tenure Rank

Nov 09, 2021

0.56

0.6%

Mr. Liao has been employed by Van Eck Associates Corporation as an analyst since the summer of 2004 and has been a portfolio manager since 2006. Mr. Liao graduated from New York University in 2004 with a Bachelor of Arts in Economics and Mathematics. He is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 24.18 7.63 0.16

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