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FRAK
VanEck Vectors Unconventional Oil & Gas ETF

  • 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
    • Commencement

      02/14/2012
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVFRAKTR
    • Index Rebalancing

      Quarterly
  •  
    as of 09/18/17

    • 30-Day SEC Yield1

      0.78%
    • Total Net Assets

      $59.5M
    • Number of Holdings

      49
    • Options

      Available
    • Gross Expense Ratio2

      0.71%
    • Net Expense Ratio/TER2

      0.54%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/15/2017
  • Portfolio Composition (%)
    as of 09/18/17

    • % of Net Assets
    • Stocks

      99.87
    • Bonds

      0.00
    • Other

      0.00
    • Cash

      0.13
  • Download All HoldingsDaily Holdings (%) as of 09/18/17

    Total Holdings: 49
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Eog Resources Inc
    EOG US
    52,161
    4,853,5818.16
    Occidental Petroleum Corp
    OXY US
    74,364
    4,595,6957.72
    Anadarko Petroleum Corp
    APC US
    93,191
    4,078,0386.85
    Pioneer Natural Resources Co
    PXD US
    24,083
    3,299,3715.54
    Devon Energy Corp
    DVN US
    92,135
    3,129,8265.26
    Concho Resources Inc
    CXO US
    20,721
    2,549,7194.28
    Apache Corp
    APA US
    57,359
    2,426,2864.08
    Cenovus Energy Inc
    CVE US
    212,624
    1,943,3833.27
    Noble Energy Inc
    NBL US
    72,168
    1,882,8633.16
    Hess Corp
    HES US
    44,288
    1,881,3543.16
    Cabot Oil & Gas Corp
    COG US
    68,600
    1,819,2723.06
    Cimarex Energy Co
    XEC US
    15,203
    1,630,5222.74
    Encana Corp
    ECA US
    144,343
    1,540,1402.59
    Marathon Oil Corp
    MRO US
    126,053
    1,515,1572.55
    Eqt Corp
    EQT US
    23,372
    1,503,2872.53
    Diamondback Energy Inc
    FANG US
    13,232
    1,259,0252.12
    Parsley Energy Inc
    PE US
    45,638
    1,168,7891.96
    Tourmaline Oil Corp
    TOU CN
    50,930
    1,053,5801.77
    Arc Resources Ltd
    ARX CN
    69,935
    1,024,7941.72
    Rice Energy Inc
    RICE US
    30,751
    876,7111.47
    Husky Energy Inc
    HSE CN
    70,049
    855,5781.44
    Antero Resources Corp
    AR US
    41,121
    843,8031.42
    Crescent Point Energy Corp
    CPG US
    114,003
    835,6421.40
    Prairiesky Royalty Ltd
    PSK CN
    30,286
    792,3871.33
    Rsp Permian Inc
    RSPP US
    24,595
    781,1371.31
    National Fuel Gas Co
    NFG US
    13,067
    769,6461.29
    Newfield Exploration Co
    NFX US
    27,773
    769,0341.29
    Range Resources Corp
    RRC US
    40,151
    768,4901.29
    Seven Generations Energy Ltd
    VII CN
    50,182
    751,7751.26
    Continental Resources Inc/Ok
    CLR US
    20,238
    742,3301.25
    Wpx Energy Inc
    WPX US
    64,377
    686,9031.15
    Chesapeake Energy Corp
    CHK US
    169,435
    686,2121.15
    Energen Corp
    EGN US
    11,796
    622,9471.05
    Whitecap Resources Inc
    WCP CN
    66,496
    500,2650.84
    Enerplus Corp
    ERF US
    51,695
    480,2470.81
    Peyto Exploration & Development Corp
    PEY CN
    26,678
    450,3300.76
    Pdc Energy Inc
    PDCE US
    9,770
    433,0060.73
    Murphy Oil Corp
    MUR US
    16,289
    420,5820.71
    Southwestern Energy Co
    SWN US
    67,513
    407,1030.68
    Consol Energy Inc
    CNX US
    25,336
    401,8290.68
    Matador Resources Co
    MTDR US
    15,575
    385,4810.65
    Gulfport Energy Corp
    GPOR US
    26,300
    354,2610.60
    Whiting Petroleum Corp
    WLL US
    70,119
    343,5830.58
    Oasis Petroleum Inc
    OAS US
    37,883
    320,4900.54
    Laredo Petroleum Inc
    LPI US
    23,980
    294,2350.49
    Qep Resources Inc
    QEP US
    36,762
    293,7280.49
    Sm Energy Co
    SM US
    14,048
    227,9990.38
    Carrizo Oil & Gas Inc
    CRZO US
    13,544
    186,3650.31
    Other/Cash
    --
    --
    77,2060.13
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • 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 Unconventional Oil & Gas ETF would have been 0.62% on 09/18/2017.

    2FRAK Fees & Expenses: Van Eck Associates Corporation (the "Adviser") has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses) from exceeding 0.54% of the Fund's average daily net assets per year until at least May 1, 2018. During such time, the expense limitation is expected to continue until the Fund's Board of Trustees acts to discontinue all or a portion of such expense limitation. 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.

    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 oil and gas companies, unconventional oil and gas, Canadian issuers, foreign securities, foreign currency, depositary receipts, medium-capitalization companies, equity securities, 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 return. 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.

    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 earnings per share of the security.

    MVIS Global Unconventional Oil & Gas 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 Unconventional Oil & Gas 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.