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FRAK
VanEck Vectors Unconventional Oil & Gas ETF

This Fund is expected to be de-listed after market close on Friday, October 15, 2021. Shareholders who do not sell their holdings on or before market close on Friday, October 15, 2021 and continue to hold their shares through the liquidation date on or about Friday, October 22, 2021 are expected to receive cash on or about Friday, October 22, 2021 in the cash portion of their brokerage accounts equal to the amount of the net asset value (NAV) of their shares. Please refer to the press release and FAQ below for more information.

Press Release
FAQ

Fund Description

VanEck Vectors® Unconventional Oil & Gas ETF (FRAK®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS®Global Unconventional Oil & Gas Index (MVFRAKTR), which is intended to track the overall performance of companies involved in the exploration, development, extraction, and/or production of unconventional oil and natural gas. Unconventional oil and gas includes coal bed methane, coal seam gas, shale oil, shale gas, tight natural gas, tight oil, tight sands, in situ oil sands, and enhanced oil recovery.

 
 

  • Fund Ticker

    FRAK
  • Exchange

    NYSE Arca
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MVFRAKTR
  • Index Rebalancing

    Quarterly

 
as of 09/20/21

  • 30-Day SEC Yield1

    0.90%
  • Total Net Assets

    $14.6M
  • Number of Holdings

    27
  • Options

    Available
  • Gross Expense Ratio2

    1.90%
  • Net Expense Ratio/TER2

    0.54%
  • Distribution Frequency

    Annual

Fundamentals
as of 08/31/21

  • Weighted Average Market Cap

    $19.8B
  • Price/Earnings Ratio
    (Last 12 Months)*

    13.04
  • Price/Book Ratio
    (Last 12 Months)*

    1.43
*A weighted harmonic average is used to calculate this metric. Price/Book Ratio is the price of a security divided by the book value per share of the security. Price/Earnings Ratio is the price of a security divided by the last twelve months earnings per share of the security.

Market Capitalization (%)
as of 08/31/21

  • Capitalization

    % of Net
    Assets ($)
  • Large (>$5.0B)

    81.4%
  • Mid ($1.0 - $5.0B)

    18.6%
  • Small (<$1.0B)

    0.0%
This breakdown represents what percentage of the ETF's assets represent large/mid/small-sized companies. The market capitalization of an individual, publicly traded company is calculated by multiplying the company's stock price by the total number of its shares outstanding.

3-YR Risk Measures
as of 08/31/21

  • Beta vs. S&P 500 Index

    2.60
  • Correlation vs. S&P 500 Index

    0.80
  • Volatility (Standard Deviation)

    58.89
  • Sharpe Ratio

    -0.19

Source: VanEck, FactSet.

Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the ETF performance and the index performance. Volatility is the annualized standard deviation of the ETF's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the ETF's return less the risk free rate divided by the standard deviation. See S&P 500 Index definition.5

Country Weightings (%) as of 08/31/21

  • Country

    % of Net Assets
  • United States

    81.99
  • Canada

    18.07
  • Other/Cash

    -0.06

Portfolio Composition (%)
as of 09/20/21

  • % of Net Assets
  • Stocks

    99.89
  • Bonds

    0.00
  • Other

    0.00
  • Cash

    0.11

Sector Weightings (%) as of 08/31/21

  • Sector

    % of Net Assets
  • Oil & Gas Exploration & Production

    87.3
  • Integrated Oil & Gas

    10.2
  • Gas Utilities

    2.5
  • Other/Cash

    -0.1

Currency Exposure (%)
as of 08/31/21

  • U.S. Dollar

    89.06
  • Canadian Dollar

    11.00
  • Other/Cash

    -0.06