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LFEQ Resources

Fund Profile  

 

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LFEQ
VanEck Vectors NDR CMG Long/Flat Allocation ETF

Fund Description

VanEck Vectors® NDR CMG Long/Flat Allocation ETF (LFEQ®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ned Davis Research CMG US Large Cap Long/Flat Index (NDRCMGLF). The NDRCMGLF Index follows a proprietary model that determines when, and by how much, it allocates to U.S. equities and/or U.S. Treasury bills to seek to help avoid losses in declining markets or capitalize from rising markets. The model produces daily trade signals to determine the Index's equity allocation percentage (100%, 50%, or 0%).

 
 

  • Fund Ticker

    LFEQ
  • Exchange

    NYSE Arca
  • Index Total Return Ticker

    NDRCMGLF
  • Index Provider

    Ned Davis Research, Inc.
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    NDRCMGLF
  • Commencement

    10/04/2017

 
as of 12/12/19

  • 30-Day SEC Yield1

    1.35%
  • Total Net Assets

    $68.8M
  • Number of Holdings

    1
  • Options

    Expected
  • Gross Expense Ratio2

    0.90%
  • Net Expense Ratio/TER2

    0.60%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/20/2019

Key Points

  • Tactically allocates between S&P 500 equities and U.S. T-bills
    Based on a breadth model that measures 24 industries, not just the top line S&P 500 return

  • Seeks to minimize impact of market downturns and participate in uptrends
    Measures short, intermediate and long-term trends and includes a mean reversion signal to participate in bounce backs

  • Driven by the institutional expertise of Ned Davis Research
    One of the largest independent institutional investment research providers

Trading Information

  • Fund Ticker

    LFEQ
  • Index Total Return Ticker

    NDRCMGLF
  • NAV

    LFEQNV
  • Intraday NAV (IIV)4

    LFEQIV
  • Shares Outstanding

    2,300,000
  • Estimated Cash

    LFEQEU
  • Total Cash

    LFEQTC
  • CUSIP

    92189F148
  • ISIN

    US92189F1488
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.36%
  • Acquired Fund Fees and Expenses

    0.04%
  • Gross Expense Ratio

    0.90%
  • Fee Waivers and
    Expense Reimbursement

    -0.30%
  • Net Expense Ratio/TER2

    0.60%
2Expenses for LFEQ are capped contractually at 0.55% until February 1, 2020. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Prices as of 12/12/19

NAV/
Last 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
NAV
Chart
LFEQ $29.91
$29.90
8,849
11,079
$0.26 / +0.88%
$0.24 / +0.81%
+21.17%
+21.60%
$-0.01
-0.05%

Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/04/17
LFEQ (NAV) 3.58 7.83 20.07 11.88 -- -- -- 8.89
LFEQ (Share Price) 3.82 7.70 20.58 11.74 -- -- -- 8.90
NDRCMGLF (Index) 3.63 7.86 20.59 12.14 -- -- -- 9.47
Performance Differential (NAV - Index) -0.05 -0.03 -0.52 -0.26 -- -- -- -0.58
S&P 500 Index 3.63 7.86 27.63 16.11 14.88 10.98 13.44 12.61
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/04/17
LFEQ (NAV) 1.93 1.64 13.49 0.29 -- -- -- 6.61
LFEQ (Share Price) 1.82 1.63 13.99 0.39 -- -- -- 6.63
NDRCMGLF (Index) 1.87 1.70 13.90 0.69 -- -- -- 7.18
Performance Differential (NAV - Index) 0.06 -0.06 -0.41 -0.40 -- -- -- -0.57
S&P 500 Index 1.87 1.70 20.55 4.25 13.39 10.84 13.24 10.52

Daily Holdings (%) as of 12/11/19 Download All Holdings

Total Holdings: 1
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full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
Vanguard S&P 500 Etf
VOO US
236,379
68,263,891 100.09
Other/Cash
--
--
-59,001 -0.09
Total (%) 100.00
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