BUZZVanEck Social Sentiment ETF
Fund Description
VanEck Social Sentiment ETF (BUZZ) seeks to track, as closely as possible, before fees and expenses, the price and yield performance of the BUZZ NextGen AI US Sentiment Leaders Index (BUZZTR), which is intended to track the performance of the 75 large cap U.S. stocks which exhibit the highest degree of positive investor sentiment and bullish perception based on content aggregated from online sources including social media, news articles, blog posts and other alternative datasets.
-
Fund Ticker
BUZZ -
Exchange
NYSE Arca -
Inception Date
03/02/2021 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Index Ticker
BUZZTR -
Index Reconstitution
Monthly
as of 03/30/23
-
30-Day SEC Yield1
0.63% -
Total Net Assets
$57.5M -
Number of Holdings
75 -
Options
Available -
Gross Expense Ratio2
1.16% -
Net Expense Ratio/TER2
0.75% -
Distribution Frequency
Annual -
Next Distribution Date
12/15/2023
From Twitter to Your Portfolio: Unlock the Power of Social Media
Key Documents and Links
Fund Highlights
- Investor sentiment has proven to be an important factor in stock performance
- Sentiment is tracked by monitoring millions of online interactions
- A consistent track record of discussions, not short-term bursts, is required for index inclusion
Trading Information
-
Fund Ticker
BUZZ -
Index Total Return Ticker
BUZZTR -
NAV
BUZZNV -
Intraday NAV (IIV)4
BUZZIV -
Shares Outstanding
3,950,000 -
Estimated Cash
BUZZEU -
Total Cash
BUZZTC -
CUSIP
92189H839 -
ISIN
US92189H8390
Fees and Expenses2
-
Management Fee
0.75% -
Other Expenses
0.41% -
Gross Expense Ratio
1.16% -
Fee Waivers and
-0.41%
Expense Reimbursement -
Net Expense Ratio/TER2
0.75%
2 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 (i) pay the offering costs until at least February 1, 2024 and (ii) contractually agreed to waive or reduce its management fees and/or pay Fund expenses in an amount equal to the Fund’s extraordinary legal expenses up to $500,000 until at least February 1, 2024.
Investment Professionals
Peter Liao, CFA
- Portfolio Manager and Head of Equity ETFs
- Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
- Joined VanEck in 2005
- CFA charterholder; member of the CFA Society New York
- BA, Mathematics and Economics, New York University
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 03/02/21 |
|
---|---|---|---|---|---|---|---|---|
BUZZ (NAV) | -1.56 | 2.24 | 16.75 | -24.51 | -- | -- | -- | -24.57 |
BUZZ (Share Price) | -1.42 | 2.68 | 16.83 | -24.43 | -- | -- | -- | -24.55 |
BUZZTR (Index)** | -1.58 | 2.25 | 16.74 | -24.41 | 2.33 | 5.65 | -- | -24.32 |
Performance Differential (NAV - Index) | 0.02 | -0.01 | 0.01 | -0.10 | -- | -- | -- | -0.25 |
S&P 500 Index | -2.44 | -2.28 | 3.69 | -7.69 | 12.15 | 9.82 | 12.25 | 2.86 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 03/02/21 |
|
---|---|---|---|---|---|---|---|---|
BUZZ (NAV) | -12.43 | -4.20 | -47.67 | -47.67 | -- | -- | -- | -32.38 |
BUZZ (Share Price) | -12.11 | -4.25 | -47.67 | -47.67 | -- | -- | -- | -32.39 |
BUZZTR (Index)** | -12.41 | -4.16 | -47.54 | -47.54 | -3.40 | 4.10 | -- | -32.13 |
Performance Differential (NAV - Index) | -0.02 | -0.04 | -0.13 | -0.13 | -- | -- | -- | -0.25 |
S&P 500 Index | -5.76 | 7.56 | -18.11 | -18.11 | 7.66 | 9.42 | 12.56 | 1.10 |
Top 10 Holdings (%) as of 02/28/23
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Coinbase Global Inc |
COIN US
|
29,867
|
1,936,278 | 3.37 |
Nvidia Corp |
NVDA US
|
7,973
|
1,851,012 | 3.22 |
Tesla Inc |
TSLA US
|
8,590
|
1,767,049 | 3.08 |
Meta Platforms Inc |
META US
|
10,010
|
1,751,149 | 3.05 |
Gamestop Corp |
GME US
|
90,542
|
1,741,123 | 3.03 |
Apple Inc |
AAPL US
|
11,805
|
1,740,175 | 3.03 |
Amazon.Com Inc |
AMZN US
|
18,129
|
1,708,296 | 2.97 |
Alphabet Inc |
GOOGL US
|
18,745
|
1,688,175 | 2.94 |
Microsoft Corp |
MSFT US
|
6,756
|
1,685,082 | 2.93 |
Advanced Micro Devices Inc |
AMD US
|
21,403
|
1,681,848 | 2.93 |
Top 10 Total (%) | 30.54 |
Country Weightings (%)
as of 02/28/23
Country | % of Net Assets |
---|---|
● United States | 97.85 |
● Canada | 1.46 |
● Luxembourg | 0.63 |
● Other/Cash | 0.06 |
Sector Weightings (%)
as of 02/28/23
Sector | % of Net Assets |
---|---|
● Information Technology | 27.73 |
● Consumer Discretionary | 21.38 |
● Communication Services | 18.99 |
● Financials | 10.19 |
● Industrials | 9.09 |
● Health Care | 6.17 |
● Energy | 4.64 |
● Materials | 1.20 |
● Consumer Staples | 0.56 |
● Other/Cash | 0.06 |