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RAAX
VanEck Vectors Real Asset Allocation ETF

RAAX - ETF.com's Best New Alternative ETF

Fund Description

VanEck Vectors® Real Asset Allocation ETF (the "Fund") seeks long-term total return. In pursuing long-term total return, the Fund seeks to maximize real returns while seeking to reduce downside risk during sustained market declines by allocating primarily to exchange-traded products that provide exposure to real assets, which include commodities, real estate, natural resources, and infrastructure. The Fund seeks to reduce downside risk by using a rules-based approach to determine when to allocate a portion or all of the Fund's assets to cash and cash equivalents.

 
 

  • Fund Ticker

    RAAX
  • Exchange

    NYSE Arca
  • Administrator

    Van Eck Absolute Return Advisers Corporation
  • Custodian

    State Street Bank and Trust Company
  • Commencement

    04/09/2018

 
as of 04/08/20

  • 30-Day SEC Yield1

    2.69%
  • Total Net Assets

    $18.1M
  • Number of Holdings

    4
  • Options

    Expected
  • Gross Expense Ratio2

    1.13%
  • Net Expense Ratio/TER2

    0.75%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/28/20

Key Points

  • Comprehensive allocation strategy that invests across commodities, natural resources equities, REITs, MLPs, and infrastructure.

  • Seeks to reduce volatility by responding to changing market environments including the ability to allocate 100% to cash during market stress.

  • Optimized allocation process provides exposure to segments with positive expected returns while managing overall portfolio risk and drawdowns.

Trading Information

  • Fund Ticker

    RAAX
  • NAV

    RAAXNV
  • Intraday NAV (IIV)4

    RAAXIV
  • Shares Outstanding

    950,000
  • Estimated Cash

    RAAXEU
  • Total Cash

    RAAXTC
  • CUSIP

    92189F130
  • ISIN

    US92189F1306
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.43%
  • Acquired Fund Fees and Expenses

    0.20%
  • Gross Expense Ratio

    1.13%
  • Fee Waivers and
    Expense Reimbursement

    -0.38%
  • Net Expense Ratio/TER2

    0.75%
2Expenses for RAAX are capped contractually at 0.55% until February 1, 2021. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Prices as of 04/08/20

NAV/
Market 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
30-Day
Median
Bid Ask
Spread
NAV
Chart
RAAX $19.10
$19.12
20,976
10,763
-$0.05 / -0.27%
$-0.04 / -0.21%
-25.74%
-25.67%
$0.01
0.07%
0.51%

Premium/Discount History as of 04/08/20

Calendar Year 2019 2Q 2019 3Q 2019 4Q 2019 1Q 2020 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 176 55 51 26 36
RAAX Days closed at NAV 38 3 7 14 9
Days closed at a discount 38 5 6 24 17

Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
04/09/18
RAAX (NAV) -17.83 -25.77 -25.77 -22.48 -- -- -- -11.78
RAAX (Share Price) -17.54 -25.58 -25.58 -22.37 -- -- -- -11.67
Bloomberg Commodity Index -12.81 -23.29 -23.29 -22.31 -- -- -- -14.66
Blended Real Asset Index -17.20 -27.74 -27.74 -24.01 -- -- -- -12.10
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
04/09/18
RAAX (NAV) -17.83 -25.77 -25.77 -22.48 -- -- -- -11.78
RAAX (Share Price) -17.54 -25.58 -25.58 -22.37 -- -- -- -11.67
Bloomberg Commodity Index -12.81 -23.29 -23.29 -22.31 -- -- -- -14.66
Blended Real Asset Index -17.20 -27.74 -27.74 -24.01 -- -- -- -12.10

All Holdings (%) as of 04/07/20 Download All Fund Holdings »

Total Holdings: 4
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to view
full data
Ticker
Holding Name
Identifier (FIGI)
Shares Asset Class Market Value
(US$)
% of Net
Assets
912796UA5
United States Treasury Bill
BBG00R4RS8V4
14,459,000
Bond 14,455,742 79.43
GLDM US
SPDR Gold MiniShares Trust
BBG00L8YYP89
134,095
Stock 2,221,954 12.21
IAU US
iShares Gold Trust
BBG000QLKDR4
139,903
Stock 2,221,660 12.21
--
Other/Cash
--
--
Cash -700,396 -3.85
     
These are not recommendations to buy or to sell any security. Securities and holdings will vary at times. The holdings presented reflect unsettled trade activity from creation and/or redemption transactions from the prior business day and may differ from the holdings information used to calculate the Fund's net asset value. The adjusted shares outstanding is 950,000. This includes any changes in shares outstanding due to creations or redemptions on the previous business day, and may differ from the information used to calculate the fund's net asset value.