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GLCN (formerly PEK)
VanEck Vectors China Growth Leaders ETF

Fund Description

VanEck Vectors® China Growth Leaders ETF (GLCN) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketGrader China All-Cap Growth Leaders Index (MGCNGRNR), which consists of fundamentally sound Chinese companies that exhibit attractive growth potential at a reasonable price.

 
 

  • Fund Ticker

    GLCN

  • Exchange

    NYSE Arca

  • ETF Structure

    Physical

  • Administrator

    Van Eck Associates

  • Custodian

    State Street Bank and Trust Company

  • Index Ticker

    MGCNGRNR

  • Index Rebalancing

    Semi-Annually

 
as of 10/23/20

  • 30-Day SEC Yield1

    0.77%

  • Total Net Assets

    $38.5M

  • Number of Holdings

    197

  • Options

    Expected

  • Gross Expense Ratio2

    1.07%

  • Net Expense Ratio/TER2

    0.60%

  • Distribution Frequency

    Annual

Key Points

  • Access fundamentally sound Chinese companies with attractive growth potential at a reasonable price (“GARP”)

  • Represents the entire Chinese opportunity set regardless of size or listing location6

  • Potential to outperform traditional capitalization-weighted benchmarks by selecting top-ranked companies

Trading Information

  • Fund Ticker

    GLCN

  • Index Total Return
    Ticker

    MGCNGRNR

  • NAV

    GLCNNV

  • Intraday NAV (IIV)4

    GLCNNIV

  • Shares Outstanding

    800,000

  • Estimated Cash

    GLCNEU

  • Total Cash

    GLCNTC

  • CUSIP

    92189F759

  • ISIN

    US92189F7592
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%

  • Other Expenses

    0.57%

  • Gross Expense Ratio

    1.07%

  • Fee Waivers and
    Expense Reimbursement

    -0.47%

  • Net Expense Ratio/TER2

    0.60%
2Expenses for GLCN are capped contractually at 0.60% until May 1, 2021. Cap excludes acquired fund fees and expenses, trading expenses, taxes and extraordinary expenses.

Prices as of 10/23/20

NAV/
Market Price 		Volume
30-Day Avg./
Last Trading Day 		Daily Change
NAV/
Last Price 		YTD Change
NAV/
Last Price 		Premium/
Discount 		Prem/Discount
Distribution Charts 		NAV &
Prem/Discount
History 		30-Day
Median
Bid Ask
Spread 		NAV
Chart
GLCN $48.17
$48.13		 2,946
860		 -$0.97 / -1.97%
$-0.77 / -1.58%		 +14.31%
+15.00%
 $-0.03
-0.07%		 0.17%

Premium/Discount History as of 10/23/20

Calendar Year 2019 4Q 2019 1Q 2020 2Q 2020 3Q 2020 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 63 2 9 0 3
GLCN Days closed at NAV 1 1 0 0 0
Days closed at a discount 188 61 53 63 61

Performance History: Average Annual Total Returns* (%)
View All ETFs View All Indices

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/13/10
GLCN (NAV) -1.94 17.21 13.31 24.67 5.26 6.69 -- 3.73
GLCN (Share Price) -1.62 18.10 13.47 25.11 5.28 6.53 -- 3.63
MGCNGRNR (Index) -2.26 17.29 23.32 35.58 9.59 9.43 -- 6.16
Performance Differential (NAV - Index) 0.32 -0.08 -10.01 -10.91 -4.33 -2.74 -- -2.43
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/13/10
GLCN (NAV) -1.94 17.21 13.31 24.67 5.26 6.69 -- 3.73
GLCN (Share Price) -1.62 18.10 13.47 25.11 5.28 6.53 -- 3.63
MGCNGRNR (Index) -2.26 17.29 23.32 35.58 9.59 9.43 -- 6.16
Performance Differential (NAV - Index) 0.32 -0.08 -10.01 -10.91 -4.33 -2.74 -- -2.43

*Returns less than one year are not annualized.

**Index data prior to May 1, 2020 reflects that of the CSI 300 (CSIH0749). From May 1, 2020 forward, the index data reflects that of the Fund's underlying index, the MarketGrader China All Cap Growth Leaders Index (MGCNGRNR). Index history which includes periods prior to May 1, 2020 links the performance of CSIH0749 and MGCNGRNR and is not intended for third party use.

The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. As of October 31, 2018, index data for the CSI 300 Index (the “Index”) for all periods presented reflect the CSIH0749 stream of the Index which is denominated in USD and converted by the index provider using the “offshore” Renminbi (CNH) exchange rate. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV. 

Top 10 Holdings (%) as of 09/30/20 Daily Holdings

Total Holdings: 198
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$) 		% of Net
Assets
ALIBABA GROUP HOLDING LTD
BABA US
6,930
2,037,281 5.33
JD.COM INC
JD US
24,802
1,924,883 5.04
TENCENT HOLDINGS LTD
700 HK
27,800
1,877,718 4.92
NETEASE INC
NTES US
4,081
1,855,508 4.86
WULIANGYE YIBIN CO LTD
000858 C2
56,230
1,839,789 4.82
CHINA LIFE INSURANCE CO LTD
2628 HK
808,000
1,831,727 4.80
LUXSHARE PRECISION INDUSTRY CO LTD
002475 C2
166,105
1,407,662 3.69
JIANGSU HENGRUI MEDICINE CO LTD
600276 CH
104,975
1,394,715 3.65
INNER MONGOLIA YILI INDUSTRIAL GROUP CO
600887 CH
219,616
1,251,268 3.28
HENAN SHUANGHUI INVESTMENT & DEVELOPMEN
000895 C2
137,093
1,072,863 2.81
Top 10 Total (%) 43.20
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 09/30/20

  • Country

    % of Net Assets
  • ■

    China

    99.25
  • ■

    Denmark

    0.27
  • ■

    Other/Cash

    0.48

Sector Weightings (%) as of 09/30/20

  • Sector

    % of Net Assets
  • ■

    Consumer Staples

    23.4
  • ■

    Health Care

    15.8
  • ■

    Information Technology

    13.9
  • ■

    Consumer Discretionary

    12.0
  • ■

    Communication Services

    11.7
  • ■

    Industrials

    7.9
  • ■

    Materials

    7.3
  • ■

    Financials

    4.9
  • ■

    Real Estate

    1.6
  • ■

    Energy

    0.8
  • ■

    Utilities

    0.3
  • ■

    Other/Cash

    0.5