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RAAX
VanEck Inflation Allocation ETF

RAAX - ETF.com's Best New Alternative ETF

Fund Description

VanEck Inflation Allocation ETF (the "Fund") seeks long-term total return. In pursuing long-term total return, the Fund seeks to maximize real returns while seeking to reduce downside risk during sustained market declines. The Fund primarily allocates to exchange-traded products that provide exposure to inflation fighting real assets including resource assets: commodities, natural resource equities; income assets: REITs, Infrastructure, MLPs; and financial assets: gold, bitcoin.

 
 

  • Fund Ticker

    RAAX
  • Exchange

    NYSE Arca
  • Administrator

    Van Eck Absolute Return Advisers Corporation
  • Custodian

    State Street Bank and Trust Company

 
as of 01/20/22

  • 30-Day SEC Yield1

    11.49%
  • Total Net Assets

    $34.3M
  • Number of Holdings

    23
  • Options

    Expected
  • Gross Expense Ratio2

    1.35%
  • Net Expense Ratio/TER2

    0.78%
  • Distribution Frequency

    Annual
Why Invest?

Key Points

  • Exposure to key inflation fighting assets

  • Adapts to a wide variety of inflationary regimes

  • Responds to changing risk environment

Trading Information

  • Fund Ticker

    RAAX
  • NAV

    RAAXNV
  • Intraday NAV (IIV)4

    RAAXIV
  • Shares Outstanding

    1,375,000
  • Estimated Cash

    RAAXEU
  • Total Cash

    RAAXTC
  • CUSIP

    92189F130
  • ISIN

    US92189F1306
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.62%
  • Acquired Fund Fees and Expenses

    0.23%
  • Gross Expense Ratio

    1.35%
  • Fee Waivers and
    Expense Reimbursement

    -0.57%
  • Net Expense Ratio/TER2

    0.78%
2Expenses for RAAX are capped contractually at 0.55% until February 1, 2022. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Investment Professionals

  • Portfolio Manager for Inflation Allocation Strategy and Municipal Allocation Strategy; Head of the VanEck Quantitative Investment Solutions (QIS) Team
  • Joined VanEck in 2012
  • Prior to VanEck, Director and Portfolio Manager within the UBS Portfolio Strategy Group
  • Previously, sales and client relationship roles at Oppenheimer & Co. and Georgeson, Inc.
  • MBA, Finance, New York University
  • BS, Business Economics, State University of New York College at Cortland
  • Deputy Portfolio Manager for Inflation Allocation Strategy and Municipal Allocation Strategy
  • Joined VanEck in 2007
  • Prior to his current role, served as Settlements Supervisor and Administrator at VanEck
  • BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo

Prices as of 01/20/22

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
RAAX $24.92
$24.95
21,840
15,522
-$0.24 / -0.94%
$-0.22 / -0.86%
+0.54%
+0.58%
$0.03
0.11%
0.20%

Premium/Discount History as of 01/20/22

Calendar Year 2020 1Q 2021 2Q 2021 3Q 2021 4Q 2021 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 89 21 29 33 30
RAAX Days closed at NAV 35 13 14 17 11
Days closed at a discount 129 27 20 14 23


Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
04/09/18
RAAX (NAV) 3.77 5.81 28.83 28.83 5.69 -- -- 4.28
RAAX (Share Price) 3.67 5.90 28.93 28.93 5.67 -- -- 4.29
Bloomberg Commodity Index 3.53 -1.56 27.11 27.11 9.86 -- -- 4.39
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
04/09/18
RAAX (NAV) 3.77 5.81 28.83 28.83 5.69 -- -- 4.28
RAAX (Share Price) 3.67 5.90 28.93 28.93 5.67 -- -- 4.29
Bloomberg Commodity Index 3.53 -1.56 27.11 27.11 9.86 -- -- 4.39

All Holdings (%) as of 01/20/22 Download All Fund Holdings »

Total Holdings: 23
Ticker
Holding Name % of Net
Assets
Identifier (FIGI)
Shares Asset Class Market Value
(US$)
PDBC US
Invesco Optimum Yield Diversified Commo 20.70
BBG007HL81C5
476,967
Stock 7,092,499
VNQ US
Vanguard Real Estate ETF 13.97
BBG000Q89NG6
45,368
Stock 4,785,870
OUNZ US
VanEck Merk Gold Shares 9.37
BBG002WYN8V8
179,670
Stock 3,208,906
EINC US
VanEck Energy Income ETF 5.73
BBG002QM2M43
34,321
Stock 1,964,877
IGF US
iShares Global Infrastructure ETF 5.42
BBG000T1GGF6
39,179
Stock 1,858,652
PAVE US
Global X Us Infrastructure Development 5.34
BBG00G5CR8N0
68,681
Stock 1,828,288
XLE US
Energy Select Sector SPDR Fund 4.76
BBG000BJ20S2
25,575
Stock 1,629,383
GDX US
VanEck Gold Miners ETF 4.74
BBG000PLNQN7
50,261
Stock 1,624,938
MOO US
VanEck Agribusiness ETF 4.43
BBG000KJ4073
16,349
Stock 1,517,841
XOP US
SPDR S&P Oil & Gas Exploration & Produc 4.04
BBG000BGB482
13,280
Stock 1,385,104
OIH US
VanEck Oil Services ETF 2.97
BBG000D02J82
4,662
Stock 1,018,973
SLX US
VanEck Steel ETF 2.89
BBG000Q54VZ8
18,017
Stock 991,115
PICK US
iShares Msci Global Metals & Mining Pro 2.83
BBG002GKR8T5
21,338
Stock 969,172
SMOG US
VanEck Low Carbon Energy ETF 2.17
BBG000R18YM0
5,076
Stock 742,231
BTCC/U CN
Purpose Bitcoin ETF 1.95
BBG00Z9305R5
83,467
Stock 669,405
GDXJ US
VanEck Junior Gold Miners ETF 1.84
BBG000PTYMS2
14,914
Stock 631,310
IAUF US
iShares Gold Strategy ETF 1.31
BBG00L3F2M50
8,031
Stock 450,371
NURE US
Nuveen Short-Term Reit ETF 1.21
BBG00FJ5J003
11,010
Stock 414,637
QCLN US
First Trust Nasdaq Clean Edge Green Ene 1.02
BBG000QX2HH0
5,945
Stock 348,436
MORT US
VanEck Mortgage Reit Income ETF 0.96
BBG001ZSTN14
18,813
Stock 327,346
TAN US
Invesco Solar ETF 0.90
BBG00KXH5WT4
4,616
Stock 309,226
GLDM US
SPDR Gold MiniShares Trust 0.64
BBG00L8YYP89
11,986
Stock 218,864
IAU US
iShares Gold Trust 0.64
BBG000QLKDR4
6,254
Stock 218,640
--
Other/Cash 0.16
--
--
Cash 56,425
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These are not recommendations to buy or to sell any security. Securities and holdings will vary at times. The holdings presented reflect unsettled trade activity from creation and/or redemption transactions from the prior business day and may differ from the holdings information used to calculate the Fund's net asset value. The adjusted shares outstanding is 1,375,000. This includes any changes in shares outstanding due to creations or redemptions on the previous business day, and may differ from the information used to calculate the fund's net asset value.