Q1 2026 Outlook: Visibility Means Risk On

Entering 2026, clearer fiscal and monetary signals support a more risk-on outlook, as AI, private credit, gold, India and crypto reset into more compelling opportunities.

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BDCs vs. Private Credit Funds: Key Differences for Investors

BDCs and private credit funds finance middle-market firms but differ in access. BDCs offer liquidity and transparency; private credit funds are less liquid with limited access and longer lock-ups.

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Turning VanEck’s 2026 Outlook into Portfolio Allocations

From outlook to action: In this blog we summarize the three core themes shaping 2026, and how we’re expressing them across VanEck’s model portfolios.

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Market Perspectives

Don’t miss our recent webinars on gold’s move and the appeal of real assets, and the yield potential of BDCs. On Feb. 11, join us to explore the attractive yields of emerging market local bonds.

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VanEck has sought to identify trends—economic, technological, political and social—that shape financial markets. We consider whether these create opportunities, perhaps even new asset classes, or present potential risks to existing portfolios. Through intelligently designed, competitively priced solutions we empower investors to gain exposure effectively.

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ETF Spotlight

OUNZ VanEck Merk Gold ETF

OUNZ lets investors conveniently hold gold as its role as a portfolio diversifier remains in focus

Top Performers

DAPP Digital Transformation ETF

+61.3%

SMH Semiconductor ETF

+51.1%

GDXJ Junior Gold Miners ETF

+50.4%

as of 01/31/26

Explore all Funds

Funds mentioned above are for information only, not investment advice or recommendations. Other funds may have performed differently. Past performance is not indicative of future results. Click any fund for standardized performance and risks.

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The world changes too much to leave portfolios on auto-pilot. Use our tool to help align your interests with investments in order to achieve your goals and enhance your portfolio.

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What to watch in the markets and the global economy from CEO Jan van Eck and our investment professionals

The VanEck BDC Income ETF (BIZD) offers diversified exposure to business development companies, targeting high income through access to private credit markets.

CEO Jan van Eck on John van Eck’s vision

“He built this firm on the idea that the world is constantly changing, and that by understanding those shifts early, you could create real opportunity for clients. That belief still guides us today.”