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DAM
VanEck Digital Assets Mining ETF

Fund Description

VanEck Digital Assets Mining ETF (the “Fund”) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Digital Assets Mining Index (the “Index”), which is intended to track the performance of companies that are participating in the digital assets mining economy.

 
 

  • Fund Ticker

    DAM
  • Exchange

    NASDAQ
  • Inception Date

    03/07/2022
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Index Ticker

    MVDAMTR
  • Index Rebalancing

    Quarterly

 
as of 06/29/22

  • 30-Day SEC Yield1

    -0.62%
  • Total Net Assets

    $1.2M
  • Number of Holdings

    25
  • Options

    Available
  • Gross Expense Ratio2

    0.50%
  • Net Expense Ratio/TER2

    0.50%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/16/2022

Key Points

  • Digital asset miners secure, record and store data on the blockchain

  • Industry supported by high current demand for digital assets

  • Integral, high-growth segment of the digital assets economy

Trading Information

  • Fund Ticker

    DAM
  • Index Total Return Ticker

    MVDAMTR
  • NAV

    DAMNV
  • Intraday NAV (IIV)4

    DAMIV
  • Shares Outstanding

    100,000
  • Estimated Cash

    DAMEU
  • Total Cash

    DAMTC
  • CUSIP

    92189H763
  • ISIN

    US92189H7632
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    --
  • Acquired Fund Fees and Expenses

    --
  • Gross Expense Ratio

    0.50%
  • Fee Waivers and
    Expense Reimbursement

    --
  • Net Expense Ratio/TER2

    0.50%
Van Eck Associates Corporation (the “Adviser”) will pay all expenses of the Fund, except for the fee payment under the investment management agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses. Notwithstanding the foregoing, the Adviser has agreed to pay the offering costs until at least February 1, 2024.

Investment Professionals

  • Portfolio Manager and Head of Equity ETFs
  • Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
  • Joined VanEck in 2005
  • CFA charterholder; member of the CFA Society New York
  • BA, Mathematics and Economics, New York University
  • Portfolio Manager and Analyst for Equity ETFs
  • Joined VanEck in 2007
  • Prior to his current role, held a portfolio administration position at VanEck
  • Previously, Portfolio Analyst at Evaluation Associates
  • BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 06/29/22

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
DAM $11.95
$11.92
808
1,574
-$0.59 / -4.73%
$-0.58 / -4.64%
-64.26%
--
$-0.03
-0.23%
0.67%

Premium/Discount History as of 06/29/22

Since Inception 2Q 2021 3Q 2021 4Q 2021 1Q 2022 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 65 0 0 0 14
DAM Days closed at NAV 4 0 0 0 0
Days closed at a discount 10 0 0 0 4

Performance History: Average Annual Total Returns* (%)

  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
03/07/22
DAM (NAV) -25.26 -- -40.15 -- -- -- -- -40.15
DAM (Share Price) -25.13 -- -40.00 -- -- -- -- -40.00
MVDAMTR (Index) -25.25 -49.74 -- -- -- -- -- -40.02
Performance Differential (NAV - Index) -0.01 -- -- -- -- -- -- -0.13
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
03/07/22
DAM (NAV) -- -- -- -- -- -- -- 24.35
DAM (Share Price) -- -- -- -- -- -- -- 24.53
MVDAMTR (Index) 4.27 -- -- -- -- -- -- 24.42
Performance Differential (NAV - Index) -- -- -- -- -- -- -- -0.07

Top 10 Holdings (%) as of 05/31/22 Daily Holdings

Total Holdings: 25
Swipe
to view
full data
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Riot Blockchain Inc
RIOT US
22,139
159,179 7.96
Marathon Digital Holdings Inc
MARA US
14,518
148,519 7.42
Canaan Inc
CAN US
38,201
142,872 7.14
Northern Data Ag
NB2 GR
3,791
140,076 7.00
Hut 8 Mining Corp
HUT US
51,600
131,580 6.58
Block Inc
SQ US
1,499
131,177 6.56
Argo Blockchain Plc
ARBK US
17,221
111,248 5.56
Hive Blockchain Technologies Ltd
HIVE US
23,761
104,311 5.21
Bitfarms Ltd/Canada
BITF US
46,218
92,898 4.64
Cleanspark Inc
CLSK US
14,363
84,598 4.23
Top 10 Total (%) 62.30
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 05/31/22

  • Country

    % of Net Assets
  • United States

    50.17
  • Canada

    18.05
  • China

    12.17
  • Germany

    7.00
  • Australia

    6.99
  • United Kingdom

    5.56
  • Other/Cash

    0.06

Sector Weightings (%) as of 05/31/22

  • Sector

    % of Net Assets
  • Information Technology

    85.7
  • Financials

    11.9
  • n/a

    2.3
  • Other/Cash

    0.1