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ISRA
VanEck Vectors Israel ETF

  • Fund Description

    VanEck Vectors® Israel ETF (ISRA®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the BlueStar Israel Global Index® (BLSNTR), which is comprised of equity securities, which may include depositary receipts, of publicly traded companies that are generally considered by the Index Provider to be Israeli companies.

  •  
      

    • Fund Ticker

      ISRA
    • Exchange

      NYSE Arca
    • Commencement

      06/25/2013
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      BLSNTR
    • Index Rebalancing

      Quarterly
  •  
    as of 09/21/17

    • 30-Day SEC Yield1

      0.82%
    • Total Net Assets

      $42.9M
    • Number of Holdings

      125
    • Options

      Available
    • Gross Expense Ratio2

      0.92%
    • Net Expense Ratio/TER2

      0.60%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/15/2017
  • Key Points

    Exposure to a Stable, Growing, and Resilient Economy 
    Exposure to a vibrant economy that has historically demonstrated consistent GDP growth despite regional geopolitical events.
    Exposure to a Multi-Sector Economy 
    The index offers broad sector exposure to Israel’s vibrant economy, including information technology, health care, and financials.
    Exposure to Israeli Companies Globally 
    The underlying index offers a broad and diversified reflection of Israel's globally-oriented economy.
     
  • Trading Information

    • Fund Ticker

      ISRA
    • Index Total Return Ticker

      BLSNTR
    • NAV

      ISRANV
    • Intraday NAV (IIV)4

      ISRAIV
    • Shares Outstanding

      1,450,000
    • Estimated Cash

      ISRAEU
    • Total Cash

      ISRATC
    • CUSIP

      92189F635
    • ISIN

      US92189F6354
    Source: Bloomberg
  • Fees and Expenses2

    • Management Fee

      0.50%
    • Other Expenses

      0.42%
    • Gross Expense Ratio

      0.92%
    • Fee Waivers and
      Expense Reimbursement

      -0.32%
    • Net Expense Ratio/TER2

      0.60%
    2Expenses for ISRA are capped contractually at 0.59% until at least May 1, 2018. Cap excludes certain expenses, such as interest.
  • Prices as of 09/20/17

    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
    ISRA $29.68
    $29.85
    13,513
    13,513
    $0.00 / +0.02%
    $0.09 / +0.32%
    +10.57%
    +11.30%
    $0.17
    0.58%
  • View All IndicesView All ETFsPerformance History: Average Annual Total Returns* (%)

    1 MO3 MOYTD1 YR3 YR5 YR10 YRLIFE
    06/25/13
    ISRA (NAV)-6.53-5.736.673.04-1.15----4.47
    ISRA (Share Price)-6.65-5.516.713.71-1.21----4.46
    BLSNTR (Index)-6.43-5.477.023.55-0.73----4.93
    Performance Differential (NAV - Index)-0.10-0.26-0.35-0.51-0.42-----0.46
    Quarter End as of 06/30/17
    1 MO3 MOYTD1 YR3 YR5 YR10 YRLIFE
    06/25/13
    ISRA (NAV)1.326.0314.6417.271.17----6.56
    ISRA (Share Price)1.956.1515.1418.401.20----6.65
    BLSNTR (Index)1.536.2314.9618.181.55----7.04
    Performance Differential (NAV - Index)-0.21-0.20-0.32-0.91-0.38-----0.48
  • Daily HoldingsTop 10 Holdings (%)  as of 08/31/17

    Total Holdings: 125
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Check Point Software Technologies Ltd
    CHKP US
    33,388
    3,735,1169.00
    Teva Pharmaceutical Industries Ltd
    TEVA IT
    207,732
    3,300,1877.95
    Perrigo Co Plc
    PRGO US
    38,352
    3,028,2747.30
    Amdocs Ltd
    DOX US
    40,967
    2,654,2526.39
    Bank Leumi Le-Israel Bm
    LUMI IT
    395,585
    2,071,7644.99
    Bank Hapoalim Bm
    POLI IT
    290,222
    1,952,1084.70
    Nice Ltd
    NICE IT
    16,411
    1,286,1193.10
    Elbit Systems Ltd
    ESLT IT
    6,341
    872,5362.10
    Mizrahi Tefahot Bank Ltd
    MZTF IT
    48,930
    871,3802.10
    Bezeq The Israeli Telecommunication Cor
    BEZQ IT
    561,056
    825,9451.99
    Top 10 Total (%)49.62
    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
    • ISRAEL

      71.60
    • UNITED STATES

      24.62
    • UNITED KINGDOM

      1.35
    • ARGENTINA

      1.26
    • INDIA

      0.98
    • SINGAPORE

      0.18
    • VIRGIN ISLANDS

      0.14
    • AUSTRALIA

      0.08
    • Other/Cash

      -0.20
  • Sector Weightings (%) as of 08/31/17

    • Sector

      % of Net Assets
    • Information Technology

      35.0
    • Health Care

      20.9
    • Financials

      17.0
    • Real Estate

      6.5
    • Industrials

      4.5
    • Energy

      4.1
    • Materials

      3.8
    • Telecommunication Services

      2.9
    • Consumer Discretionary

      2.4
    • Utilities

      1.9
    • Consumer Staples

      1.3
    • Other/Cash

      -0.2
  • 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 Israel ETF would have been 0.64% on 09/21/2017.

    2ISRA 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 0.59% 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".

    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.

    An investment in the Fund may be subject to risks which include, among others, investing in Israeli issuers, foreign securities, foreign currency, depositary receipts, financial services sector, health care sector, information technology sector, small-, medium- and micro- 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. Small-, medium- and micro-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.

    The BlueStar Israel Global Index®is the exclusive property and a trademark of BlueStar Global Investors LLC and has been licensed for use for certain purposes by Van Eck Associates Corporation for VanEck Vectors Israel ETF (the "Fund") based on the BlueStar Israel Global Index®. The Fund is not sponsored, endorsed, sold or promoted by BlueStar Global Investors LLC, and BlueStar Global Investors LLC makes no representation regarding the advisability of trading 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.