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FRAKVanEck 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.
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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 01/15/21
-
30-Day SEC Yield1
1.43% -
Total Net Assets
$13.2M -
Number of Holdings
32 -
Options
Available -
Gross Expense Ratio2
0.96% -
Net Expense Ratio/TER2
0.54% -
Distribution Frequency
Annual
Fundamentals
as of 12/31/20
-
Weighted Average Market Cap
$12.2B -
Price/Earnings Ratio
61.79
(Last 12 Months)* -
Price/Book Ratio
1.02
(Last 12 Months)*
Market Capitalization (%)
as of 12/31/20
-
Capitalization
% of Net
Assets ($) -
Large (>$5.0B)
69.0% -
Mid ($1.0 - $5.0B)
30.3% -
Small (<$1.0B)
0.6%
3-YR Risk Measures
as of 12/31/20
-
Beta vs. S&P 500 Index
2.50 -
Correlation vs. S&P 500 Index
0.82 -
Volatility (Standard Deviation)
56.47 -
Sharpe Ratio
-0.39
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 12/31/20
-
Country
% of Net Assets -
■
United States
84.73 -
■
Canada
15.26 -
■
Other/Cash
0.01
Portfolio Composition (%)
as of 01/14/21
- % of Net Assets
-
Stocks
99.96 -
Bonds
0.00 -
Other
0.00 -
Cash
0.04
Sector Weightings (%) as of 12/31/20
-
Sector
% of Net Assets -
■
Oil & Gas Exploration & Production
86.1 -
■
Integrated Oil & Gas
11.7 -
■
Gas Utilities
2.2 -
■
Other/Cash
0.0
Currency Exposure (%)
as of 12/31/20
-
U.S. Dollar
90.76 -
Canadian Dollar
9.23 -
Other/Cash
0.01