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Trending ETFs

Name

As of 05/17/2024

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

$44.67

$26.5 M

1.40%

$0.63

0.92%

Vitals

YTD Return

11.5%

1 yr return

24.0%

3 Yr Avg Return

6.6%

5 Yr Avg Return

12.3%

Net Assets

$26.5 M

Holdings in Top 10

100.0%

52 WEEK LOW AND HIGH

$44.7
$35.91
$44.76

Expenses

OPERATING FEES

Expense Ratio 0.92%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 1.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 05/17/2024

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

$44.67

$26.5 M

1.40%

$0.63

0.92%

LFEQ - Profile

Distributions

  • YTD Total Return 11.5%
  • 3 Yr Annualized Total Return 6.6%
  • 5 Yr Annualized Total Return 12.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.91%
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    VanEck Long/Flat Trend ETF
  • Fund Family Name
    VANECKFUND
  • Inception Date
    Oct 04, 2017
  • Shares Outstanding
    975000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Peter Liao

Fund Description

The Fund normally invests at least 80% of its total assets in securities that track and/or comprise the Fund’s benchmark index. The NDR CMG Index is a rules-based index that follows a proprietary model developed by Ned Davis Research, Inc. in conjunction with CMG Capital Management Group, Inc. (“CMG”). To help limit potential loss associated with adverse market conditions, the model produces trade signals that dictate the NDR CMG Index’s equity allocation ranging from 100% fully invested (i.e., “long”) to 100% in cash (i.e., “flat”). When the NDR CMG Index is long, or 100% fully invested, it will be allocated to the S&P 500 Index. When the NDR CMG Index is flat, or 100% cash, it will be allocated to the Solactive 13-week U.S. T-bill Index. When the NDR CMG Index is not completely long or flat, 50% of it will be allocated to the S&P 500 Index, with the remaining 50% allocated to the Solactive 13-week U.S. T-bill Index. The Fund currently seeks to replicate the NDR CMG Index when the NDR CMG Index has any equity allocation (as discussed further below) by holding shares of one or more exchange-traded funds (“ETFs”) whose investment objective is to track the performance of the S&P 500 Index, rather than investing directly in the shares of the 500 companies comprising the S&P 500 Index, until the Fund reaches, in the opinion of the Adviser, an adequate asset size. When the Fund reaches an adequate size and the NDR CMG Index has an equity allocation, the Fund may then seek to replicate the NDR CMG Index by investing directly in the shares of the 500 companies comprising the S&P 500 Index. The Solactive 13-week U.S. T-bill Index invests in one 13-week U.S. Treasury bill at a time, and a maximum of five U.S. Treasury bills in a calendar year. The Fund will track the most recent 13-week U.S. Treasury bill exposure in the Solactive 13-week U.S. T-bill Index to follow the NDR CMG Index’s flat, or cash, allocations.
The model produces daily trade signals to determine the NDR CMG Index’s equity allocation percentage through a two-phase process. The first phase produces an industry-level market breadth composite based on the S&P 500 industry groupings. As such, “market breadth” here refers to the aggregated weighted score of advancing and declining industries, as measured by three types of price-based, industry-level indicators: trend-following, volatility and mean-reversion. Trend-following primary indicators include momentum and various moving average measures to assess the current direction of the markets. Mean-reversion indicators are applied, which are based on the theory that prices and returns eventually move back towards their historical mean (or average). The volatility indicators determine whether near-term volatility has significantly risen relative to longer-term volatility to measure whether broad market risks have risen. The model applies these indicators across the S&P 500 industry groupings to ultimately produce trade signals that are either bullish (meaning prices are expected to increase over time) or bearish (meaning prices are expected to decrease over time). The final market breadth composite is the scaled aggregation of these indicators across the S&P 500 industries to determine the breadth composite score (between 0 and 100). The second phase utilizes the breadth composite score to produce the equity allocations for the NDR CMG Index. The model is automated and updates daily to take into account the various indicators that dictate the trade signals referenced above. As such, the NDR CMG Index may rebalance to new allocation percentages intra-month based on the model’s composite score and direction, and the Fund may seek to rebalance its allocation percentage level accordingly. In addition, the NDR CMG Index’s underlying indices (the S&P 500 Index and the Solactive 13-Week U.S. T-Bill Index) are each rebalanced on a quarterly basis. The overall composition of the NDR CMG Index is subject to change. 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 NDR CMG Index by investing in a portfolio of securities that generally replicates the NDR CMG Index. Unlike many investment companies that try to “beat” the performance of a benchmark index, the Fund does not try to “beat” the NDR CMG Index and does not seek temporary defensive positions that are inconsistent with its investment objective of seeking to replicate the NDR CMG Index.
The Fund may become "non-diversified" as defined under the Investment Company Act of 1940, as amended (the “Investment Company Act of 1940”), solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the NDR CMG Index. This means that the Fund may invest a greater percentage of its assets in a limited number of issuers than would be the case if the Fund were always managed as a diversified management investment company. The Fund intends to be diversified in approximately the same proportion as the NDR CMG Index. Shareholder approval will not be sought when the Fund crosses from diversified to non-diversified status due solely to a change in the relative market capitalization or index weighting of one or more constituents of the NDR CMG Index.
The Fund may concentrate its investments in a particular industry or group of industries to the extent that the NDR CMG Index concentrates in an industry or group of industries. The degree to which certain sectors or industries are represented in the NDR CMG Index will change over time.
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LFEQ - Performance

Return Ranking - Trailing

Period LFEQ Return Category Return Low Category Return High Rank in Category (%)
YTD 11.5% -0.4% 18.5% 47.88%
1 Yr 24.0% 3.8% 52.7% 72.20%
3 Yr 6.6%* -12.7% 16.1% 84.19%
5 Yr 12.3%* -0.8% 109.2% 74.02%
10 Yr N/A* 2.7% 21.1% 79.70%

* Annualized

Return Ranking - Calendar

Period LFEQ Return Category Return Low Category Return High Rank in Category (%)
2023 17.8% -42.6% 47.4% 54.81%
2022 -23.0% -56.3% -4.2% 64.89%
2021 27.5% -27.2% 53.7% 4.27%
2020 15.2% -36.2% 2181.7% 32.05%
2019 22.3% -22.7% 40.4% 54.51%

Total Return Ranking - Trailing

Period LFEQ Return Category Return Low Category Return High Rank in Category (%)
YTD 11.5% -0.4% 18.5% 47.88%
1 Yr 24.0% 3.8% 52.7% 72.20%
3 Yr 6.6%* -12.7% 16.1% 84.19%
5 Yr 12.3%* -0.8% 109.2% 74.02%
10 Yr N/A* 2.7% 21.1% N/A

* Annualized

Total Return Ranking - Calendar

Period LFEQ Return Category Return Low Category Return High Rank in Category (%)
2023 19.7% -5.0% 47.4% 72.44%
2022 -22.0% -36.8% -2.2% 91.77%
2021 28.0% 3.0% 124.3% 34.04%
2020 17.6% -15.8% 2266.0% 47.74%
2019 24.1% -0.4% 241.3% 92.05%

LFEQ - Holdings

Concentration Analysis

LFEQ Category Low Category High LFEQ % Rank
Net Assets 26.5 M 2.34 M 1.55 T 96.72%
Number of Holdings 2 2 4048 100.00%
Net Assets in Top 10 26.4 M 885 K 387 B 89.61%
Weighting of Top 10 100.00% 0.3% 112.0% 0.88%

Top 10 Holdings

  1. Vanguard SP 500 ETF 50.22%
  2. United States Treasury Bill 49.78%

Asset Allocation

Weighting Return Low Return High LFEQ % Rank
Stocks
50.22% 0.00% 124.03% 98.24%
Cash
49.78% 0.00% 99.06% 0.24%
Preferred Stocks
0.00% 0.00% 2.38% 90.73%
Other
0.00% -13.91% 100.00% 92.57%
Convertible Bonds
0.00% 0.00% 5.54% 90.06%
Bonds
0.00% -0.37% 93.78% 90.25%

Stock Sector Breakdown

Weighting Return Low Return High LFEQ % Rank
Utilities
0.00% 0.00% 20.91% 45.08%
Technology
0.00% 0.00% 48.94% 30.69%
Real Estate
0.00% 0.00% 31.91% 48.40%
Industrials
0.00% 0.00% 29.90% 74.37%
Healthcare
0.00% 0.00% 60.70% 64.07%
Financial Services
0.00% 0.00% 55.59% 53.52%
Energy
0.00% 0.00% 41.64% 47.93%
Communication Services
0.00% 0.00% 27.94% 29.76%
Consumer Defense
0.00% 0.00% 47.71% 61.21%
Consumer Cyclical
0.00% 0.00% 30.33% 28.25%
Basic Materials
0.00% 0.00% 25.70% 64.41%

Stock Geographic Breakdown

Weighting Return Low Return High LFEQ % Rank
US
50.22% 0.00% 124.03% 98.16%
Non US
0.00% 0.00% 62.81% 91.45%

LFEQ - Expenses

Operational Fees

LFEQ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.92% 0.01% 19.75% 42.16%
Management Fee 0.50% 0.00% 1.90% 49.08%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

LFEQ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

LFEQ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

LFEQ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 1.00% 0.00% 496.00% 1.04%

LFEQ - Distributions

Dividend Yield Analysis

LFEQ Category Low Category High LFEQ % Rank
Dividend Yield 1.40% 0.00% 25.47% 43.67%

Dividend Distribution Analysis

LFEQ Category Low Category High Category Mod
Dividend Distribution Frequency None Quarterly Monthly Quarterly

Net Income Ratio Analysis

LFEQ Category Low Category High LFEQ % Rank
Net Income Ratio 0.91% -54.00% 6.06% 37.31%

Capital Gain Distribution Analysis

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

Distributions History

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LFEQ - Fund Manager Analysis

Managers

Peter Liao


Start Date

Tenure

Tenure Rank

Oct 04, 2017

4.66

4.7%

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.

Guo Hua (Jason) Jin


Start Date

Tenure

Tenure Rank

Feb 01, 2018

4.33

4.3%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.28 2.42