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VTRX
VanEck TRON ETN

Product Description

Back Asia’s next-generation blockchain innovator. Our ETN follows Asia’s super-fast TRON platform, supporting builders of crypto apps with an innovative proof-of-stake mechanism.

  • Smart contract blockchain competitor to market leader ethereum
  • More daily transactions than bitcoin and ethereum
  • Asia’s leading blockchain platform
  • 100% collateralized with TRON (TRX)
  • Tradeable like an ETF (albeit within a different segment)on regulated stock exchanges
  • Stored at a regulated crypto custodian with crypto insurance (up to a limited amount)

Risk Factors:
Volatility Risk: The trading prices of many digital assets have experienced extreme volatility in recent periods and may well continue to do so. Digital assets were only introduced within the past decade and regulatory clarity remains elusive in many jurisdictions.
Currency Risk, Technology Risk, Legal and Regulatory Risks



Underlying Index

MVIS CryptoCompare TRON VWAP Close Index (MVTRXV Index).

Product Details
 

  • Product Ticker

    VTRX

  • Custodian

    Bank Frick & Co. AG

  • Domicile

    Liechtenstein

  • UCITS Compliant

    No

  • UCITS Eligible

    Yes*

  • Index Ticker

    MVTRXV

  • Index Provider

    MarketVector Indexes
1The ETNs’ value is determined at 4.00 pm CET of each business day, and represents the value of one note; it is calculated by taking the total assets linked to the ETN, subtracting total liabilities, and dividing by the total number of notes outstanding. The value is not necessarily the same as the ETNs’ intraday trading price. Investors should not expect to buy or sell the ETN at the determined value.

2The date the ETN was launched prior to quotation on the stock exchange.

*This might be seen differently by local regulators in single EU member states and the fund manager is recommended to verify this.

 
as of 04 Oct 2022

  • NAV1

    6.78

  • Notes Outstanding

    8,917,000

  • Number of Holdings

    1

  • Base Currency

    USD

  • Net Assets

    $60.5M

  • Product Structure

    Physical (Full Replication)

  • Income Treatment

    Reinvestment

  • Distribution Frequency

    None

  • Total Expense Ratio

    1.50%

  • SFDR Classification

    N/A
  • Fact Sheet
  • VanEck Product List
  • Holiday Calendar

Trading Information as of 04 Oct 2022

Deutsche
Börse
EUR
Exchange Ticker VTRX
ISIN DE000A3GSUE1
SEDOL BLGZNH3
Bloomberg VTRX GY
Reuters (RIC) VTRXG.DE
Valor --
Bloomberg iNAV VTRXIV
Reuters iNAV VTRXEURINAV=SOLA
WKN A3GSUE
Trading Currency EUR
Last Traded Price --
Day's Move --
Volume --
30 Day Volume --
VWAP Volume --
Euronext
Amsterdam
EUR
Exchange Ticker VTRX
ISIN DE000A3GSUE1
SEDOL BP81678
Bloomberg VTRX NA
Reuters (RIC) VTRXG.AS
Valor --
Bloomberg iNAV VTRXIV
Reuters iNAV VTRXEURINAV=SOLA
WKN A3GSUE
Trading Currency EUR
Last Traded Price --
Day's Move --
Volume --
30 Day Volume --
VWAP Volume --
Euronext
Paris
EUR
Exchange Ticker VTRX
ISIN DE000A3GSUE1
SEDOL BP81690
Bloomberg VTRX FP
Reuters (RIC) VTRXG.PA
Valor --
Bloomberg iNAV VTRXIV
Reuters iNAV VTRXEURINAV=SOLA
WKN A3GSUE
Trading Currency EUR
Last Traded Price --
Day's Move --
Volume --
30 Day Volume --
VWAP Volume --

NAVs as of 04 Oct 2022

Base
Currency 		NAV Daily
Change
NAV 		YTD
Change
NAV 		NAV Price
History 		Total
Expense
Ratio
VTRX USD $6.78 $0.05 / +0.75% -21.46%
1.50

Performance History* (%)

View All ETNs View All Indices
Month End as of 31 Aug 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETN INCEPTION
MVTRXV (Index) -7.98 -19.66 -17.22 -28.04 59.69 -- -- -40.42
Quarter End as of 30 Jun 2022 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETN INCEPTION
MVTRXV (Index) -21.71 -18.81 -19.33 -4.30 21.72 -- -- -41.94
Calendar Year as of 31 Dec 2021 2017 2018 2019 2020 2021
MVTRXV (Index) -- -- -31.44 -- 193.79

ETN returns not available if there is less than one year’s performance data.

*Periods greater than one year are annualised.

Performance quoted represents past performance. Current performance may be lower or higher than average annual returns shown. Discrete performance shows 12 month performance to the most recent Quarter end for each of the last 5yrs where available. E.g. '1st year' shows the most recent of these 12-month periods and '2nd year' shows the previous 12 month period and so on.

NAV performance is displayed in base currency (USD), price performance is displayed in trading currency (EUR).
Brokerage or transaction fees will apply.

Market Makers

Top 10 Holdings (%) as of 31 Aug 2022 View All Holdings »

Total Holdings: 1
Holding Name
Ticker
Number Market Value
(USD) 		% of Net
Assets
Tron
TRX
983,438,199
63,192,800 100.06
Other/Cash
--
--
-38,773 -0.06
Top 10 Total (%) 100.00
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Important Disclosure           

For informational and advertising purposes only.

This information originates from VanEck (Europe) GmbH, Kreuznacher Strasse 30, 60486 Frankfurt am Main. It is intended only to provide general and preliminary information to investors and shall not be construed as investment, legal or tax advice. VanEck (Europe) GmbH and its associated and affiliated companies (together “VanEck”) assume no liability with regards to any investment, divestment or retention decision taken by the investor on the basis of this information. Views and opinions expressed are current as of the date of this information and are subject to change with market conditions. Certain statements contained herein may constitute projections, forecasts and other forward looking statements, which do not reflect actual results. VanEck makes no representation or warranty, express or implied regarding the advisability of investing in securities or digital assets generally or in the product mentioned in this information (the “Product”) or the ability of the underlying Index to track the performance of the relevant digital assets market.

The underlying Index is the exclusive property of MV Index Solutions GmbH, which has contracted with CryptoCompare Data Limited to maintain and calculate the Index. CryptoCompare Data Limited uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards the MV Index Solutions GmbH, CryptoCompare Data Limited has no obligation to point out errors in the Index to third parties.

Investing is subject to risk, including the possible loss of principal up to the entire invested amount and the extreme volatility that ETNs experience. You must read the prospectus and KID before investing, in order to fully understand the potential risks and rewards associated with the decision to invest in the Product. The approved Prospectus is available at www.vaneck.com. Please note that the approval of the prospectus should not be understood as an endorsement of the Products offered or admitted to trading on a regulated market.

Performance quoted represents past performance, which is no guarantee of future results and which may be lower or higher than current performance.

Current performance may be lower or higher than average annual returns shown. Performance shows 12 month performance to the most recent Quarter end for each of the last 5yrs where available. E.g. '1st year' shows the most recent of these 12-month periods and '2nd year' shows the previous 12 month period and so on. Performance data is displayed in Base Currency terms, with net income reinvested, net of fees. Brokerage or transaction fees will apply. Investment return and the principal value of an investment will fluctuate. Notes may be worth more or less than their original cost when redeemed.

Index returns are not ETN returns and do not reflect any management fees or brokerage expenses. An index’s performance is not illustrative of the ETN’s performance. Investors cannot invest directly in the Index. Indices are not securities in which investments can be made.

No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of VanEck.

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