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RAAXVanEck Vectors Real Asset Allocation 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 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
as of 02/24/21
-
30-Day SEC Yield1
1.16% -
Total Net Assets
$18.3M -
Number of Holdings
16 -
Options
Expected -
Gross Expense Ratio2
1.35% -
Net Expense Ratio/TER2
0.78% -
Distribution Frequency
Annual
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 to cash during market stress.
- Optimized allocation process considers various inputs to select real asset investments to manage overall portfolio risk and maintain real asset exposure across all market environments.
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
0.62% -
Acquired Fund Fees and Expenses
0.23% -
Gross Expense Ratio
1.35% -
Fee Waivers andExpense Reimbursement
-0.57% -
Net Expense Ratio/TER2
0.78%
Investment Professionals
David Schassler
- Portfolio Manager for Global Asset Allocation Strategy, Real Asset Allocation Strategy, and Municipal Allocation Strategy; Head of the VanEck Quantitative Investment Solutions (QIS) Team
- Joined VanEck in 2012
- Prior to VanEck, Director and Portfolio Manager within the UBS Portfolio Strategy Group
- Previously, sales and client relationship roles at Oppenheimer & Co. and Georgeson, Inc.
- MBA, Finance, New York University
- BS, Business Economics, State University of New York College at Cortland
John Lau
- Deputy Portfolio Manager for Global Asset Allocation Strategy, Real Asset Allocation Strategy, and Municipal Allocation Strategy
- Joined VanEck in 2007
- Prior to his current role, served as Settlements Supervisor and Administrator at VanEck
- BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
Prices as of 02/24/21
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) | 7.21 | 19.90 | 7.21 | -5.35 | -- | -- | -- | -0.97 |
RAAX (Share Price) | 7.40 | 20.24 | 7.40 | -5.13 | -- | -- | -- | -0.92 |
Bloomberg Commodity Index | 2.63 | 11.51 | 2.63 | 7.31 | -- | -- | -- | -1.88 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 04/09/18 |
|
---|---|---|---|---|---|---|---|---|
RAAX (NAV) | 0.44 | 10.14 | -13.73 | -13.73 | -- | -- | -- | -3.50 |
RAAX (Share Price) | 0.18 | 10.07 | -13.72 | -13.72 | -- | -- | -- | -3.51 |
Bloomberg Commodity Index | 4.97 | 10.19 | -3.12 | -3.12 | -- | -- | -- | -2.86 |
All Holdings (%) as of 02/23/21 Download All Fund Holdings »
Ticker
|
Holding Name |
Identifier (FIGI)
|
Shares | Asset Class |
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|---|---|
PDBC US
|
Invesco Optimum Yield Diversified Commo |
BBG007HL81C5
|
217,865
|
Stock | 3,840,960 | 21.27 |
VNQ US
|
Vanguard Real Estate ETF |
BBG000Q89NG6
|
28,436
|
Stock | 2,565,496 | 14.21 |
OUNZ US
|
VanEck Merk Gold Shares |
BBG002WYN8V8
|
133,010
|
Stock | 2,338,316 | 12.95 |
SMOG US
|
VanEck Vectors Low Carbon Energy ETF |
BBG000R18YM0
|
7,584
|
Stock | 1,256,517 | 6.96 |
EINC US
|
VanEck Vectors Energy Income ETF |
BBG002QM2M43
|
20,459
|
Stock | 953,662 | 5.28 |
MOO US
|
VanEck Vectors Agribusiness ETF |
BBG000KJ4073
|
10,666
|
Stock | 925,062 | 5.12 |
XLE US
|
Energy Select Sector SPDR Fund |
BBG000BJ20S2
|
18,236
|
Stock | 885,723 | 4.90 |
IGF US
|
iShares Global Infrastructure ETF |
BBG000T1GGF6
|
19,263
|
Stock | 854,314 | 4.73 |
GDX US
|
VanEck Vectors Gold Miners ETF |
BBG000PLNQN7
|
24,089
|
Stock | 805,536 | 4.46 |
FRAK US
|
VanEck Vectors Unconventional Oil & Gas |
BBG002N8R5N6
|
5,740
|
Stock | 600,459 | 3.33 |
OIH US
|
VanEck Vectors Oil Services ETF |
BBG000D02J82
|
2,975
|
Stock | 566,381 | 3.14 |
GLDM US
|
SPDR Gold MiniShares Trust |
BBG00L8YYP89
|
28,940
|
Stock | 520,052 | 2.88 |
IAU US
|
iShares Gold Trust |
BBG000QLKDR4
|
30,201
|
Stock | 519,457 | 2.88 |
PICK US
|
iShares Msci Global Metals & Mining Pro |
BBG002GKR8T5
|
11,245
|
Stock | 491,294 | 2.72 |
SLX US
|
VanEck Vectors Steel ETF |
BBG000Q54VZ8
|
9,296
|
Stock | 470,285 | 2.60 |
GBTC US
|
Grayscale Bitcoin Trust Btc |
BBG008748J88
|
10,009
|
Other | 458,813 | 2.54 |
--
|
Other/Cash |
--
|
--
|
Cash | 6,242 | 0.03 |