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BJK
VanEck Vectors Gaming ETF

  • Fund Description

    VanEck Vectors® Gaming ETF (BJK®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Gaming Index (MVBJKTR), which is intended to track the overall performance of companies involved in casinos and casino hotels, sports betting, lottery services, gaming services, gaming technology and gaming equipment.

  •  
      

    • Fund Ticker

      BJK
    • Exchange

      NYSE Arca
    • Commencement

      01/22/2008
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVBJKTR
    • Index Rebalancing

      Quarterly
  •  
    as of 09/19/17

    • 30-Day SEC Yield1

      2.12%
    • Total Net Assets

      $23.2M
    • Number of Holdings

      40
    • Options

      Available
    • Gross Expense Ratio2

      0.93%
    • Net Expense Ratio/TER2

      0.67%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/15/2017
  • Key Points

    Nation's First ETF Focused on Global Gaming
    An industry driven by a growing worldwide middle class with increased disposable income 
    Pure Play with Global Scope 
    Index constituents must be principally engaged in the global gaming industry, deriving greater than 50% of revenues from it
  • Trading Information

    • Fund Ticker

      BJK
    • Index Total Return Ticker

      MVBJKTR
    • NAV

      BJKNV
    • Intraday NAV (IIV)4

      BJKIV
    • Shares Outstanding

      550,000
    • Estimated Cash

      BJKEU
    • Total Cash

      BJKTC
    • CUSIP

      92189F882
    • ISIN

      US92189F8822
    Source: Bloomberg
  • Fees and Expenses2

    • Management Fee

      0.50%
    • Other Expenses

      0.43%
    • Gross Expense Ratio

      0.93%
    • Fee Waivers and
      Expense Reimbursement

      -0.26%
    • Net Expense Ratio/TER2

      0.67%
    2 Expenses for BJK are capped contractually at 0.65% until at least February 1, 2018. Cap excludes certain expenses, such as interest.
  • Prices as of 09/19/17

    NAV/
    Last 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
    NAV
    Chart
    BJK $42.21
    $42.31
    4,153
    1,116
    $0.15 / +0.36%
    $0.31 / +0.75%
    +24.07%
    +25.03%
    $0.10
    0.23%
  • View All IndicesView All ETFsPerformance History: Average Annual Total Returns* (%)

    1 MO3 MOYTD1 YR3 YR5 YR10 YRLIFE
    01/22/08
    BJK (NAV)0.022.0319.4923.07-1.528.25--2.97
    BJK (Share Price)-0.122.1420.0423.28-1.398.29--2.97
    MVBJKTR (Index) 5-0.112.0119.2623.16-1.178.64--3.68
    Performance Differential (NAV - Index)0.130.020.23-0.09-0.35-0.39---0.71
    Quarter End as of 06/30/17
    1 MO3 MOYTD1 YR3 YR5 YR10 YRLIFE
    01/22/08
    BJK (NAV)1.987.6319.4332.83-3.228.35--3.01
    BJK (Share Price)2.398.0120.3333.77-3.108.53--3.05
    MVBJKTR (Index) 51.997.7519.2533.88-2.858.86--3.74
    Performance Differential (NAV - Index)-0.01-0.120.18-1.05-0.37-0.51---0.73
  • Daily HoldingsTop 10 Holdings (%)  as of 08/31/17

    Total Holdings: 40
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Galaxy Entertainment Group Ltd
    27 HK
    304,240
    1,916,8208.57
    Las Vegas Sands Corp
    LVS US
    28,067
    1,746,0487.81
    Mgm Resorts International
    MGM US
    47,872
    1,577,8617.06
    Sands China Ltd
    1928 HK
    324,000
    1,455,8676.51
    Aristocrat Leisure Ltd
    ALL AU
    79,251
    1,331,4645.96
    Wynn Resorts Ltd
    WYNN US
    7,492
    1,041,3134.66
    Genting Singapore Plc
    GENS SP
    1,008,900
    882,3453.95
    Paddy Power Betfair Plc
    PPB ID
    9,622
    842,8963.77
    Gaming And Leisure Properties Inc
    GLPI US
    21,184
    830,2013.71
    Genting Malaysia Bhd
    GENM MK
    517,098
    713,3713.19
    Top 10 Total (%)55.19
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%) as of 08/31/17

    • Country

      % of Net Assets
    • UNITED STATES

      37.30
    • AUSTRALIA

      14.99
    • CHINA

      14.01
    • MALAYSIA

      7.14
    • UNITED KINGDOM

      6.06
    • JAPAN

      4.10
    • IRELAND

      3.77
    • SOUTH KOREA

      2.94
    • SWEDEN

      2.24
    • GREECE

      1.77
    • MALTA

      1.72
    • ITALY

      1.61
    • NEW ZEALAND

      0.94
    • SOUTH AFRICA

      0.75
    • CANADA

      0.74
    • Other/Cash

      -0.07
  • Sector Weightings (%) as of 08/31/17

    • Sector

      % of Net Assets
    • Consumer Discretionary

      93.5
    • Real Estate

      3.7
    • Information Technology

      2.9
    • Other/Cash

      -0.1
  • Important Disclosure

    VanEck only serves professional clients in countries where the funds are registered or where funds can be sold in accordance with local private placement rules.

    130-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among funds. It is based on the most recent 30-day period. This yield figure reflects the interest earned during the period after deducting the fund's expenses for the period. It does not reflect the yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. Distributions may vary from time to time. In the absence of temporary expense waivers or reimbursements, the 30-Day SEC Yield for VanEck Vectors Gaming ETF would have been 1.81% on 09/19/2017.

    2Fees & Expenses for BJK are capped contractually at 0.65% until at least February 1, 2018. Cap excludes certain expenses, such as interest. TER, or Total Expense Ratio, is also referred to as "Net Expense Ratio".

    3Morningstar Ratings : If applicable, when the ETF is rated three stars or more for any given period. ©Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. 

    4IIV is an abbreviation for the intraday indicative value of an ETF's Shares (and is also known as the Indicative Optimized Portfolio Value or IOPV), and is disseminated every 15 seconds during regular trading hours. The IIV is based on the current market value of the securities and/or cash required to be deposited in exchange for a Creation Unit. The IIV does not necessarily reflect the precise composition of the current portfolio of securities held by the Fund at a particular point in time or the best possible valuation of the current portfolio. Therefore, the IIV should not be viewed as a "real-time" update of the Fund's NAV, which is computed only once a day. The Fund is not involved in, or responsible for, the calculation or dissemination of the IIV and makes no warranty as to its accuracy.

    5Index data prior to September 24, 2012 reflects that of the S-Network Global Gaming Index (WAGRT). From September 24, 2012, forward, the index data reflects that of the Fund's underlying index, MVIS Global Gaming Index (MVBJKTR). Index history which includes periods prior to September 24, 2012 reflects a blend of the performance of WAGRT and MVAFKTR and is not intended for third party use.

    6The S&P 500® Index consists of 500 widely held common stocks covering industrial, utility, financial and transportation sector; as an Index, it is unmanaged and is not a security in which investments can be made.

    For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics.

    An investment in the Fund may be subject to risks which include, among others, investing in the gaming industry and the consumer discretionary sector, equity securities, foreign securities, foreign currency, special risk considerations of investing in Chinese issuers, depositary receipts, small- and medium-capitalization companies, cash transactions, market, operational, index tracking, authorized participant concentration, no guarantee of active trading market, trading issues, replication management, fund shares trading, premium/discount risk and liquidity of fund shares, non-diversified, and concentration risks, all of which may adversely affect the Fund. Foreign investments are subject to risks, which include changes in economic and political conditions, foreign currency fluctuations, changes in foreign regulations, and changes in currency exchange rates which may negatively impact the Fund's returns. Medium-capitalization companies may be subject to elevated risks. The Fund's assets may be concentrated in a particular sector and may be subject to more risk than investments in a diverse group of sectors.

    MVIS Global Gaming Index is the exclusive property of MV Index Solutions GmbH (a wholly owned subsidiary of the Adviser), which has contracted with Solactive AG to maintain and calculate the Index. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards MV Index Solutions GmbH, Solactive AG has no obligation to point out errors in the Index to third parties. The VanEck Vectors Gaming ETF is not sponsored, endorsed, sold or promoted by MV Index Solutions GmbH and MV Index Solutions GmbH makes no representation regarding the advisability of investing in the Fund.

    Index returns are not Fund returns and do not reflect any management fees or brokerage expenses. Investors can not invest directly in the Index. Returns for actual Fund investors may differ from what is shown because of differences in timing, the amount invested and fees and expenses. Index returns assume that dividends have been reinvested.

    The "Net Asset Value" (NAV) of a VanEck Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF's intraday trading value. VanEck Vectors ETF investors should not expect to buy or sell shares at NAV.

    Fund shares are not individually redeemable and will be issued and redeemed at their NAV only through certain authorized broker-dealers in large, specified blocks of shares called "creation units" and otherwise can be bought and sold only through exchange trading. Shares may trade at a premium or discount to their NAV in the secondary market. You will incur brokerage expenses when trading Fund shares in the secondary market. Past performance is no guarantee of future results. Returns for actual Fund investments may differ from what is shown because of differences in timing, the amount invested, and fees and expenses.

    Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of the Fund carefully before investing. To obtain a prospectus and summary prospectus , which contains this and other information, call 800.826.2333 or visit  vaneck.com/etfs. Please read the prospectus and summary prospectus carefully before investing.

    This content is published in the United States for residents of specified countries. Investors are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this content. Nothing in this content should be considered a solicitation to buy or an offer to sell shares of any investment in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction, nor is it intended as investment, tax, financial, or legal advice. Investors should seek such professional advice for their particular situation and jurisdiction.