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SHYD
VanEck Vectors Short High-Yield Municipal Index ETF

  • Fund Description

    The VanEck Vectors® Short High-Yield Municipal Index ETF (SHYD®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Bloomberg Barclays Municipal High Yield Short Duration Index (BMHYTR), which is intended to track the overall performance of the U.S. dollar denominated high yield short-term tax-exempt bond.

  •  
      

    • Fund Ticker

      SHYD
    • Exchange

      NYSE Arca
    • Commencement

      01/13/2014
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      BMHYTR
    • Index Rebalancing

      Monthly
  •  
    as of 08/18/17

    • 30-Day SEC Yield1

      3.08%
    • Total Net Assets

      $119.1M
    • Number of Holdings

      401
    • Options

      Expected
    • Gross Expense Ratio2

      0.35%
    • Net Expense Ratio/TER2

      0.35%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      08/31/2017
  • Portfolio Composition (%)
    as of 08/18/17

    • % of Net Assets
    • Stocks

      0.00
    • Bonds

      98.00
    • Other

      0.00
    • Cash

      2.00
  • Download All Fund Holdings »Daily Holdings (%) as of 08/18/17

    Total Holdings: 401
    Holding Name
    Coupon
    Maturity
    Composite
    Rating
    State
    Currency
    % of Net
    Assets
    Iowa Finance Authority
    5.000
    12/01/2019
    B+
    IA
    USD
    3.12
    Buckeye Tobacco Settlement Financing Au
    5.125
    06/01/2024
    CCC+
    OH
    USD
    3.04
    Buckeye Tobacco Settlement Financing Au
    5.375
    06/01/2024
    CCC+
    OH
    USD
    0.97
    Illinois Finance Authority
    7.625
    05/15/2025
    AAA
    IL
    USD
    0.97
    City Of Houston Tx Airport System Reven
    4.750
    07/01/2024
    B+
    TX
    USD
    0.92
    Tobacco Settlement Financing Corp/Nj
    4.500
    06/01/2023
    BB+
    NJ
    USD
    0.92
    Maryland Health & Higher Educational Fa
    5.000
    07/01/2019
    --
    MD
    USD
    0.77
    University Of Connecticut
    5.000
    02/15/2025
    A+
    CT
    USD
    0.76
    Los Angeles Unified School District/Ca
    5.000
    10/01/2027
    A+
    CA
    USD
    0.75
    Dauphin County General Authority
    5.000
    10/15/2027
    --
    PA
    USD
    0.73
    Arizona Health Facilities Authority
    5.100
    10/01/2022
    AA
    AZ
    USD
    0.71
    Antonio B Won Pat International Airport
    5.000
    10/01/2021
    BBB
    GU
    USD
    0.70
    Gloucester County Pollution Control Fin
    5.000
    12/01/2024
    BB+
    NJ
    USD
    0.69
    Pennsylvania Economic Development Finan
    5.000
    12/31/2024
    BB
    PA
    USD
    0.65
    Iowa Finance Authority
    5.500
    12/01/2022
    B+
    IA
    USD
    0.65
    State Of Illinois
    5.000
    08/01/2022
    BBB
    IL
    USD
    0.64
    Salem County Pollution Control Financin
    5.000
    12/01/2023
    BBB-
    NJ
    USD
    0.64
    Parish Of St Charles La
    4.000
    12/01/2040
    BBB
    LA
    USD
    0.64
    Virgin Islands Public Finance Authority
    5.000
    10/01/2018
    BB
    VI
    USD
    0.64
    Washington State Housing Finance Commis
    5.500
    01/01/2024
    --
    WA
    USD
    0.64
    New York State Environmental Facilities
    3.750
    12/01/2044
    B+
    NY
    USD
    0.63
    Maryland Economic Development Corp
    5.750
    09/01/2025
    A+
    MD
    USD
    0.62
    City Of Chicago Il
    5.000
    01/01/2023
    BBB
    IL
    USD
    0.61
    Public Finance Authority
    5.000
    07/01/2022
    A-
    WI
    USD
    0.61
    Virgin Islands Public Finance Authority
    5.000
    10/01/2020
    BB+
    VI
    USD
    0.60
    Build Nyc Resource Corp
    3.750
    01/01/2020
    AA+
    NY
    USD
    0.60
    Michigan Strategic Fund
    7.500
    01/01/2021
    A-
    MI
    USD
    0.58
    Wise County Industrial Development Auth
    1.875
    11/01/2040
    A-
    VA
    USD
    0.58
    Foothill-Eastern Transportation Corrido
    5.500
    01/15/2053
    BB+
    CA
    USD
    0.58
    Michigan Tobacco Settlement Finance Aut
    5.125
    06/01/2022
    A+
    MI
    USD
    0.57
    City Of New Orleans La Sewerage Service
    5.000
    06/01/2019
    A-
    LA
    USD
    0.57
    State Of Illinois
    5.000
    05/01/2022
    BBB
    IL
    USD
    0.56
    Ohio Air Quality Development Authority
    3.750
    12/01/2023
    BB-
    OH
    USD
    0.56
    Western Hills Water District
    4.000
    09/01/2021
    AAA
    CA
    USD
    0.56
    Louisiana Local Government Environmenta
    5.500
    11/15/2025
    AA-
    LA
    USD
    0.55
    City Of Chicago Il
    5.000
    01/01/2023
    BBB-
    IL
    USD
    0.54
    New Jersey Economic Development Authori
    5.000
    06/15/2019
    BBB+
    NJ
    USD
    0.53
    Virgin Islands Public Finance Authority
    5.000
    10/01/2022
    BB
    VI
    USD
    0.53
    Irvine Unified School District
    5.000
    09/01/2026
    --
    CA
    USD
    0.52
    Municipal Electric Authority Of Georgia
    5.000
    01/01/2020
    A
    GA
    USD
    0.51
    Poway Unified School District Public Fi
    5.000
    09/01/2024
    A+
    CA
    USD
    0.51
    Golden State Tobacco Securitization Cor
    5.000
    06/01/2025
    --
    CA
    USD
    0.50
    Golden State Tobacco Securitization Cor
    5.000
    06/01/2023
    --
    CA
    USD
    0.49
    City Of Houston Tx Airport System Reven
    4.500
    07/01/2020
    B+
    TX
    USD
    0.49
    County Of Cook Il
    5.250
    11/15/2022
    A+
    IL
    USD
    0.48
    New Jersey Economic Development Authori
    5.250
    09/01/2026
    A-
    NJ
    USD
    0.47
    Citizens Property Insurance Corp
    5.000
    06/01/2020
    A+
    FL
    USD
    0.47
    Ohio Air Quality Development Authority
    5.625
    06/01/2018
    BBB-
    OH
    USD
    0.47
    Long Island Power Authority
    6.000
    05/01/2033
    A-
    NY
    USD
    0.46
    New Jersey Economic Development Authori
    5.000
    03/01/2026
    A-
    NJ
    USD
    0.46
    Tarrant County Cultural Education Facil
    6.000
    11/15/2027
    --
    TX
    USD
    0.46
    Tobacco Settlement Financing Corp/Ri
    5.000
    06/01/2020
    A-
    RI
    USD
    0.46
    Iowa Finance Authority
    5.250
    12/01/2025
    B+
    IA
    USD
    0.45
    Port Of Oakland
    5.000
    05/01/2019
    A
    CA
    USD
    0.45
    Illinois Finance Authority
    5.750
    04/01/2024
    BB+
    IL
    USD
    0.45
    City Of Houston Tx Airport System Reven
    5.000
    07/15/2020
    AA-
    TX
    USD
    0.45
    New Jersey Economic Development Authori
    5.000
    06/15/2020
    BBB+
    NJ
    USD
    0.45
    California Municipal Finance Authority
    5.000
    03/01/2025
    AA+
    CA
    USD
    0.45
    City Of Chicago Il
    5.000
    01/01/2020
    BBB
    IL
    USD
    0.44
    Florida Development Finance Corp
    5.000
    06/15/2025
    A+
    FL
    USD
    0.44
    State Of Illinois
    5.000
    06/01/2019
    BBB
    IL
    USD
    0.44
    State Of Illinois
    5.000
    01/01/2022
    BBB
    IL
    USD
    0.44
    Washington State Housing Finance Commis
    4.000
    01/01/2026
    AA
    WA
    USD
    0.44
    City Of Chicago Il
    5.000
    01/01/2023
    BBB-
    IL
    USD
    0.44
    Dominion Water & Sanitation District
    5.250
    12/01/2027
    --
    CO
    USD
    0.44
    Oklahoma Development Finance Authority
    5.750
    01/01/2027
    A
    OK
    USD
    0.44
    Industrial Development Authority Of The
    4.000
    07/01/2025
    AA-
    AZ
    USD
    0.44
    Pennsylvania Economic Development Finan
    5.000
    12/01/2037
    B+
    PA
    USD
    0.43
    Suffolk Tobacco Asset Securitization Co
    5.375
    06/01/2028
    AAA
    NY
    USD
    0.43
    Massachusetts Development Finance Agenc
    4.680
    11/15/2021
    --
    MA
    USD
    0.43
    Michigan Strategic Fund
    4.125
    07/01/2045
    AA
    MI
    USD
    0.43
    Wise County Industrial Development Auth
    2.150
    10/01/2040
    A-
    VA
    USD
    0.43
    Sam Rayburn Municipal Power Agency
    5.000
    10/01/2021
    BBB+
    TX
    USD
    0.43
    Tyler Health Facilities Development Cor
    5.250
    11/01/2021
    BB+
    TX
    USD
    0.43
    South Carolina Jobs-Economic Developmen
    4.000
    11/15/2027
    AA
    SC
    USD
    0.43
    Reno Redevelopment Agency
    5.400
    06/01/2027
    A
    NV
    USD
    0.42
    City Of Liberty Mo
    5.125
    06/01/2025
    AAA
    MO
    USD
    0.42
    City Of Forsyth Mt
    2.000
    08/01/2023
    A
    MT
    USD
    0.42
    Chicago Board Of Education
    5.000
    12/01/2019
    B
    IL
    USD
    0.42
    Chicago Board Of Education
    5.000
    12/01/2020
    B
    IL
    USD
    0.42
    Love Field Airport Modernization Corp
    5.000
    11/01/2018
    BBB
    TX
    USD
    0.42
    Colorado Educational & Cultural Facilit
    3.750
    07/01/2026
    AA-
    CO
    USD
    0.42
    Iowa Higher Education Loan Authority
    2.500
    10/01/2020
    BB
    IA
    USD
    0.41
    Brooklyn Arena Local Development Corp
    5.000
    07/15/2023
    AA
    NY
    USD
    0.40
    University Of Connecticut
    5.000
    03/15/2025
    A+
    CT
    USD
    0.39
    Bay Area Toll Authority
    5.000
    04/01/2028
    A+
    CA
    USD
    0.38
    Pennsylvania Economic Development Finan
    5.000
    06/30/2019
    AAA
    PA
    USD
    0.38
    City Of San Buenaventura Ca
    6.500
    12/01/2021
    BB
    CA
    USD
    0.37
    Ohio Air Quality Development Authority
    5.625
    10/01/2019
    BBB-
    OH
    USD
    0.37
    New Jersey Health Care Facilities Finan
    5.000
    07/01/2021
    BB+
    NJ
    USD
    0.36
    City Of Houston Tx Airport System Reven
    5.000
    07/15/2020
    AA
    TX
    USD
    0.36
    New Jersey Economic Development Authori
    4.375
    01/01/2024
    A
    NJ
    USD
    0.36
    Virgin Islands Public Finance Authority
    5.000
    10/01/2025
    BB
    VI
    USD
    0.35
    North Carolina Turnpike Authority
    5.000
    01/01/2025
    BBB-
    NC
    USD
    0.35
    California Statewide Communities Develo
    5.000
    12/01/2026
    BB
    CA
    USD
    0.34
    New Jersey Economic Development Authori
    5.000
    06/15/2021
    A-
    NJ
    USD
    0.34
    Railsplitter Tobacco Settlement Authori
    5.000
    06/01/2019
    AA+
    IL
    USD
    0.34
    County Of Mason Wv
    1.625
    10/01/2022
    BBB
    WV
    USD
    0.34
    Ohio Water Development Authority
    4.000
    12/01/2033
    BB-
    OH
    USD
    0.33
    California Public Finance Authority
    5.000
    07/01/2027
    --
    CA
    USD
    0.32
    State Of New Jersey
    5.000
    08/15/2020
    A
    NJ
    USD
    0.32
    Industrial Development Authority Of The
    3.000
    07/01/2020
    AA-
    AZ
    USD
    0.32
    County Of Pulaski Ar
    5.500
    03/01/2034
    AA-
    AR
    USD
    0.31
    Virgin Islands Public Finance Authority
    5.000
    10/01/2019
    BB
    VI
    USD
    0.31
    Municipal Improvement Corp Of Los Angel
    5.000
    11/01/2020
    A+
    CA
    USD
    0.31
    Pennsylvania Economic Development Finan
    5.000
    12/31/2026
    AAA
    PA
    USD
    0.30
    South Carolina Jobs-Economic Developmen
    5.375
    08/01/2022
    BBB+
    SC
    USD
    0.30
    Indiana Finance Authority
    5.000
    10/01/2019
    A+
    IN
    USD
    0.30
    Gulf Coast Industrial Development Autho
    4.875
    05/01/2025
    B+
    TX
    USD
    0.30
    City Of New Orleans La Sewerage Service
    5.000
    06/01/2020
    A-
    LA
    USD
    0.30
    California State Public Works Board
    5.000
    09/01/2021
    A+
    CA
    USD
    0.30
    New York State Dormitory Authority
    5.000
    12/01/2026
    BB+
    NY
    USD
    0.30
    New York State Dormitory Authority
    5.000
    12/01/2027
    BB+
    NY
    USD
    0.29
    California Health Facilities Financing
    5.625
    07/01/2025
    A-
    CA
    USD
    0.29
    State Of Illinois
    5.000
    01/01/2020
    BBB
    IL
    USD
    0.29
    Chicago Board Of Education
    5.000
    12/01/2020
    B
    IL
    USD
    0.29
    City Of Hartford Ct
    5.000
    04/01/2024
    A-
    CT
    USD
    0.29
    Dekalb County Hospital Authority/Ga
    5.250
    09/01/2020
    AAA
    GA
    USD
    0.29
    Harris County-Houston Sports Authority
    5.000
    11/15/2020
    A-
    TX
    USD
    0.28
    State Of New Jersey
    5.000
    06/01/2021
    A
    NJ
    USD
    0.28
    Greene County Development Authority
    6.125
    01/01/2025
    AAA
    GA
    USD
    0.28
    New York State Thruway Authority
    5.000
    05/01/2019
    A-
    NY
    USD
    0.28
    Beaver County Industrial Development Au
    3.500
    12/01/2035
    BB-
    PA
    USD
    0.27
    State Of Illinois
    4.000
    01/01/2021
    BBB
    IL
    USD
    0.27
    St Lucie County School Board
    5.000
    10/01/2025
    A+
    FL
    USD
    0.26
    Idaho Health Facilities Authority
    6.500
    10/01/2022
    --
    ID
    USD
    0.26
    State Of Illinois
    4.125
    03/01/2028
    BBB
    IL
    USD
    0.26
    State Of Illinois
    5.500
    07/01/2024
    BBB
    IL
    USD
    0.26
    Mid-Bay Bridge Authority
    5.000
    10/01/2024
    BBB+
    FL
    USD
    0.25
    Lake Elsinore Public Financing Authorit
    5.000
    09/01/2024
    --
    CA
    USD
    0.25
    Mid-Bay Bridge Authority
    5.000
    10/01/2023
    BBB+
    FL
    USD
    0.25
    New Jersey Transportation Trust Fund Au
    5.000
    12/15/2023
    A-
    NJ
    USD
    0.25
    Brooklyn Arena Local Development Corp
    5.000
    07/15/2024
    --
    NY
    USD
    0.25
    Palomar Health
    5.000
    11/01/2025
    BB+
    CA
    USD
    0.25
    New Hampshire Health And Education Faci
    5.250
    07/01/2027
    --
    NH
    USD
    0.25
    Chicago Board Of Education
    5.500
    12/01/2019
    B
    IL
    USD
    0.24
    County Of Cuyahoga Oh
    5.000
    02/15/2027
    BBB-
    OH
    USD
    0.24
    Territory Of Guam
    6.000
    11/15/2019
    AA-
    GU
    USD
    0.24
    Allentown Neighborhood Improvement Zone
    5.000
    05/01/2027
    --
    PA
    USD
    0.24
    County Of Cuyahoga Oh
    5.000
    02/15/2025
    BBB-
    OH
    USD
    0.24
    State Of New Jersey
    5.000
    06/01/2022
    A
    NJ
    USD
    0.24
    Territory Of Guam
    5.000
    11/15/2027
    A-
    GU
    USD
    0.24
    Pennsylvania Economic Development Finan
    5.000
    12/31/2021
    AA+
    PA
    USD
    0.24
    County Of Botetourt Va
    4.750
    07/01/2023
    AA-
    VA
    USD
    0.24
    County Of Allen Oh
    5.000
    09/01/2021
    A+
    OH
    USD
    0.24
    State Of Connecticut
    5.000
    10/01/2022
    A+
    CT
    USD
    0.24
    Indiana Finance Authority
    5.250
    09/01/2025
    BB
    IN
    USD
    0.24
    East Side Union High School District
    5.250
    02/01/2026
    A
    CA
    USD
    0.24
    Allentown Neighborhood Improvement Zone
    5.000
    05/01/2022
    --
    PA
    USD
    0.24
    State Of Illinois
    4.000
    03/01/2026
    BBB
    IL
    USD
    0.24
    Marietta Development Authority
    5.000
    11/01/2027
    --
    GA
    USD
    0.23
    New Jersey Economic Development Authori
    5.000
    03/01/2024
    A-
    NJ
    USD
    0.23
    State Of New Jersey
    5.000
    06/01/2020
    A
    NJ
    USD
    0.23
    New Jersey Economic Development Authori
    5.000
    03/01/2021
    A-
    NJ
    USD
    0.23
    Texas Municipal Gas Acquisition & Suppl
    5.250
    12/15/2021
    BBB+
    TX
    USD
    0.23
    Pennsylvania Turnpike Commission
    5.000
    06/01/2025
    A
    PA
    USD
    0.23
    Florence Town Inc Industrial Developmen
    5.000
    07/01/2023
    AA
    AZ
    USD
    0.23
    American Municipal Power Inc
    5.250
    02/15/2026
    AA-
    OH
    USD
    0.22
    Northern Palm Beach County Improvement
    4.500
    08/01/2024
    BBB+
    FL
    USD
    0.22
    Tennessee Energy Acquisition Corp
    5.000
    02/01/2019
    A-
    TN
    USD
    0.22
    Mohegan Tribe Of Indians Of Connecticut
    5.500
    02/01/2023
    A+
    CT
    USD
    0.22
    Massachusetts Health & Educational Faci
    5.375
    07/01/2021
    A-
    MA
    USD
    0.22
    California Health Facilities Financing
    5.500
    07/01/2025
    A-
    CA
    USD
    0.22
    City Of Baltimore Md
    4.250
    06/01/2026
    --
    MD
    USD
    0.22
    County Of Rice Mn
    5.000
    08/01/2022
    DD+
    MN
    USD
    0.22
    School Board Of Miami-Dade County/The
    5.000
    08/01/2018
    A
    FL
    USD
    0.22
    Mohegan Tribe Of Indians Of Connecticut
    5.250
    02/01/2022
    AAA
    CT
    USD
    0.22
    Atlanta Development Authority
    6.000
    01/01/2023
    --
    GA
    USD
    0.22
    Port Of Oakland
    5.000
    05/01/2020
    A
    CA
    USD
    0.22
    Florida Development Finance Corp
    5.125
    06/15/2027
    --
    FL
    USD
    0.22
    Maryland Economic Development Corp
    3.750
    07/01/2027
    --
    MD
    USD
    0.21
    District Of Columbia
    4.125
    07/01/2027
    --
    DC
    USD
    0.21
    New Jersey Economic Development Authori
    5.125
    09/15/2023
    B+
    NJ
    USD
    0.21
    Illinois Finance Authority
    4.000
    02/15/2027
    --
    IL
    USD
    0.21
    Tobacco Settlement Financing Corp/La
    5.000
    05/15/2020
    AAA
    LA
    USD
    0.21
    Dauphin County General Authority
    4.000
    10/15/2022
    --
    PA
    USD
    0.21
    Public Finance Authority
    5.000
    06/15/2027
    --
    WI
    USD
    0.21
    Colorado Health Facilities Authority
    5.200
    07/01/2022
    A+
    CO
    USD
    0.21
    City Of Farmington Nm
    1.875
    04/01/2033
    BBB
    NM
    USD
    0.21
    Quakertown General Authority
    3.125
    07/01/2021
    --
    PA
    USD
    0.21
    Ohio Water Development Authority
    3.950
    11/01/2032
    BB-
    OH
    USD
    0.21
    New Hope Cultural Education Facilities
    3.375
    08/15/2021
    --
    TX
    USD
    0.21
    Payne County Economic Development Autho
    4.750
    11/01/2023
    A
    OK
    USD
    0.21
    Montgomery County Industrial Developmen
    2.600
    03/01/2034
    BBB
    PA
    USD
    0.21
    Chicago Board Of Education
    5.250
    12/01/2023
    B
    IL
    USD
    0.20
    Washington State Housing Finance Commis
    3.750
    07/01/2026
    --
    WA
    USD
    0.20
    Allegheny County Industrial Development
    6.750
    11/01/2024
    B-
    PA
    USD
    0.20
    California State Public Works Board
    5.000
    09/01/2020
    A+
    CA
    USD
    0.19
    State Of Connecticut
    5.000
    04/15/2024
    AA-
    CT
    USD
    0.19
    Indiana Finance Authority
    6.000
    12/01/2019
    B-
    IN
    USD
    0.19
    Maryland Health & Higher Educational Fa
    5.000
    07/01/2024
    AA+
    MD
    USD
    0.19
    San Francisco City & County Airport Com
    5.000
    05/01/2022
    A+
    CA
    USD
    0.19
    State Of Illinois
    5.000
    01/01/2026
    BBB
    IL
    USD
    0.19
    City Of Chicago Il
    5.000
    01/01/2025
    BBB
    IL
    USD
    0.19
    State Of Illinois
    4.000
    09/01/2027
    BBB
    IL
    USD
    0.19
    Kentucky State Property & Building Comm
    5.000
    08/01/2020
    A+
    KY
    USD
    0.19
    Arizona Industrial Development Authorit
    5.000
    07/01/2026
    --
    AZ
    USD
    0.19
    School Board Of Miami-Dade County/The
    5.000
    11/01/2019
    A
    FL
    USD
    0.18
    Inland Empire Tobacco Securitization Au
    5.750
    06/01/2026
    AA+
    CA
    USD
    0.18
    Clarksville Natural Gas Acquisition Cor
    5.000
    12/15/2019
    A-
    TN
    USD
    0.18
    State Of Illinois
    4.750
    09/01/2026
    BBB
    IL
    USD
    0.18
    Garden State Preservation Trust
    0.000
    11/01/2022
    A+
    NJ
    USD
    0.18
    Virgin Islands Public Finance Authority
    5.000
    10/01/2024
    BB
    VI
    USD
    0.18
    California Statewide Communities Develo
    5.500
    07/01/2022
    AA
    CA
    USD
    0.18
    Port Authority Of New York & New Jersey
    5.000
    12/01/2020
    BBB
    NY
    USD
    0.18
    City Of Chicago Il
    5.000
    01/01/2025
    BBB-
    IL
    USD
    0.18
    City Of Baltimore Md
    4.000
    09/01/2027
    --
    MD
    USD
    0.18
    County Of Suffolk Ny
    5.000
    05/15/2020
    A-
    NY
    USD
    0.17
    New Jersey Economic Development Authori
    4.875
    09/15/2019
    B+
    NJ
    USD
    0.17
    Tarrant County Cultural Education Facil
    4.000
    05/15/2027
    --
    TX
    USD
    0.17
    Public Finance Authority
    4.100
    06/15/2026
    AAA
    WI
    USD
    0.17
    County Of Alachua Fl
    5.625
    11/15/2022
    AAA
    FL
    USD
    0.17
    Rhode Island Commerce Corp
    5.000
    06/15/2026
    A+
    RI
    USD
    0.16
    City Of Blaine Mn
    5.125
    07/01/2025
    AA+
    MN
    USD
    0.16
    Arizona Health Facilities Authority
    5.000
    02/01/2020
    AA+
    AZ
    USD
    0.16
    Hospital Facilities Authority Of Multno
    5.000
    10/01/2019
    AA+
    OR
    USD
    0.16
    Public Authority For Colorado Energy
    6.125
    11/15/2023
    BBB+
    CO
    USD
    0.16
    Moon Industrial Development Authority
    5.000
    07/01/2020
    AAA
    PA
    USD
    0.15
    Public Authority For Colorado Energy
    6.250
    11/15/2028
    BBB+
    CO
    USD
    0.15
    New Jersey Economic Development Authori
    5.000
    06/15/2022
    BBB+
    NJ
    USD
    0.15
    West Virginia Hospital Finance Authorit
    5.000
    06/01/2026
    A
    WV
    USD
    0.15
    Texas Municipal Gas Acquisition & Suppl
    5.250
    12/15/2022
    BBB+
    TX
    USD
    0.15
    California Statewide Communities Develo
    5.000
    05/15/2020
    AA-
    CA
    USD
    0.15
    Railsplitter Tobacco Settlement Authori
    5.250
    06/01/2020
    --
    IL
    USD
    0.15
    Georgia Local Government
    4.750
    06/01/2028
    A
    GA
    USD
    0.15
    State Of Illinois
    4.000
    01/01/2024
    BBB
    IL
    USD
    0.15
    Pennsylvania Economic Development Finan
    5.000
    12/31/2019
    AAA
    PA
    USD
    0.15
    Foothill-Eastern Transportation Corrido
    5.000
    01/15/2053
    BB+
    CA
    USD
    0.14
    North Carolina Medical Care Commission
    5.250
    06/01/2025
    A
    NC
    USD
    0.14
    Ohio Air Quality Development Authority
    5.700
    08/01/2020
    BB-
    OH
    USD
    0.14
    Vermont Economic Development Authority
    5.000
    12/15/2020
    AA+
    VT
    USD
    0.14
    New Jersey Economic Development Authori
    5.000
    06/15/2023
    BBB+
    NJ
    USD
    0.14
    State Of Illinois
    5.000
    02/01/2025
    BBB
    IL
    USD
    0.14
    Maine Health & Higher Educational Facil
    5.000
    07/01/2020
    BB+
    ME
    USD
    0.14
    Main Street Natural Gas Inc
    5.500
    09/15/2025
    A-
    GA
    USD
    0.14
    Philadelphia Authority For Industrial D
    5.875
    06/15/2022
    A
    PA
    USD
    0.14
    California Municipal Finance Authority
    6.000
    06/01/2023
    BBB
    CA
    USD
    0.14
    King County Public Hospital District No
    5.000
    12/01/2025
    A+
    WA
    USD
    0.13
    City Of Chicago Il
    5.000
    01/01/2020
    BBB-
    IL
    USD
    0.13
    Pennsylvania Economic Development Finan
    5.000
    06/30/2026
    AA-
    PA
    USD
    0.13
    Railsplitter Tobacco Settlement Authori
    5.500
    06/01/2023
    AA-
    IL
    USD
    0.13
    Main Street Natural Gas Inc
    5.500
    09/15/2023
    A-
    GA
    USD
    0.13
    Massachusetts Development Finance Agenc
    5.000
    07/01/2029
    AA-
    MA
    USD
    0.13
    Alabama Industrial Development Authorit
    6.450
    12/01/2023
    AAA
    AL
    USD
    0.13
    Alabama Industrial Development Authorit
    6.450
    12/01/2023
    AA-
    AL
    USD
    0.13
    Sa Energy Acquisition Public Facility C
    5.500
    08/01/2025
    A-
    TX
    USD
    0.13
    Delaware River Port Authority
    5.000
    01/01/2022
    BBB
    PA
    USD
    0.13
    Golden State Tobacco Securitization Cor
    5.000
    06/01/2026
    --
    CA
    USD
    0.13
    Pennsylvania Economic Development Finan
    5.000
    12/31/2023
    AA-
    PA
    USD
    0.12
    County Of Otero Nm
    6.000
    04/01/2023
    AA-
    NM
    USD
    0.12
    New York Transportation Development Cor
    5.000
    08/01/2026
    BB-
    NY
    USD
    0.12
    Newport News Economic Development Autho
    5.000
    12/01/2024
    --
    VA
    USD
    0.12
    County Of Muskingum Oh
    5.000
    02/15/2020
    BB
    OH
    USD
    0.12
    Central Texas Turnpike System
    5.000
    08/15/2024
    BBB
    TX
    USD
    0.12
    Denver Convention Center Hotel Authorit
    5.000
    12/01/2022
    --
    CO
    USD
    0.12
    City Of Phoenix Civic Improvement Corp
    5.000
    07/01/2026
    A+
    AZ
    USD
    0.12
    Arizona Health Facilities Authority
    5.000
    02/01/2021
    AAA
    AZ
    USD
    0.12
    Sa Energy Acquisition Public Facility C
    5.500
    08/01/2027
    A-
    TX
    USD
    0.11
    Dallas/Fort Worth International Airport
    5.000
    11/01/2024
    A
    TX
    USD
    0.11
    Arkansas City Public Building Commissio
    6.250
    09/01/2024
    A+
    KS
    USD
    0.11
    Riverside County Public Financing Autho
    5.000
    11/01/2023
    A+
    CA
    USD
    0.11
    Texas Municipal Gas Acquisition & Suppl
    5.000
    12/15/2021
    BBB+
    TX
    USD
    0.11
    Iowa Higher Education Loan Authority
    4.000
    10/01/2025
    AA+
    IA
    USD
    0.11
    New York Transportation Development Cor
    5.000
    08/01/2019
    BB-
    NY
    USD
    0.11
    Scranton Redevelopment Authority
    5.000
    11/15/2021
    A+
    PA
    USD
    0.11
    Kuakini Health System
    6.300
    07/01/2022
    A
    HI
    USD
    0.11
    Montgomery County Industrial Developmen
    4.000
    01/01/2025
    BB-
    PA
    USD
    0.11
    Clark County Public Utility District No
    5.000
    01/01/2027
    A+
    WA
    USD
    0.11
    Housing & Redevelopment Authority Of Th
    5.000
    09/01/2026
    BB
    MN
    USD
    0.11
    Philadelphia Gas Works Co
    5.000
    10/01/2026
    BBB+
    PA
    USD
    0.10
    Travis County Health Facilities Develop
    6.000
    01/01/2022
    AA
    TX
    USD
    0.10
    Texas Municipal Gas Acquisition & Suppl
    5.000
    12/15/2022
    BBB+
    TX
    USD
    0.10
    Clark County School District
    5.000
    06/15/2028
    A+
    NV
    USD
    0.10
    Charleston Educational Excellence Finan
    5.000
    12/01/2024
    AA-
    SC
    USD
    0.10
    Brooklyn Arena Local Development Corp
    5.000
    07/15/2026
    --
    NY
    USD
    0.10
    Brooklyn Arena Local Development Corp
    5.000
    07/15/2027
    AAA
    NY
    USD
    0.10
    Brooklyn Arena Local Development Corp
    5.000
    07/15/2028
    AA-
    NY
    USD
    0.10
    New York City Industrial Development Ag
    5.000
    07/01/2022
    A-
    NY
    USD
    0.10
    State Of New Jersey
    5.000
    06/01/2027
    A-
    NJ
    USD
    0.10
    Texas Municipal Gas Acquisition & Suppl
    5.250
    12/15/2025
    BBB+
    TX
    USD
    0.10
    Massachusetts Development Finance Agenc
    5.000
    07/01/2028
    BBB+
    MA
    USD
    0.10
    San Francisco City & County Redevelopme
    5.000
    08/01/2023
    --
    CA
    USD
    0.10
    New Hope Cultural Education Facilities
    5.000
    07/01/2024
    BBB-
    TX
    USD
    0.10
    State Of Connecticut
    5.000
    11/01/2025
    AA-
    CT
    USD
    0.10
    New Jersey Health Care Facilities Finan
    4.625
    07/01/2023
    A-
    NJ
    USD
    0.10
    Illinois Finance Authority
    5.000
    02/15/2028
    BBB-
    IL
    USD
    0.10
    New Hope Cultural Education Facilities
    5.000
    07/01/2023
    BBB-
    TX
    USD
    0.10
    Kentucky Economic Development Finance A
    5.000
    05/15/2026
    --
    KY
    USD
    0.09
    State Of Illinois
    5.000
    06/01/2026
    BBB
    IL
    USD
    0.09
    State Of Illinois
    5.000
    02/01/2024
    BBB
    IL
    USD
    0.09
    Harbor Point Infrastructure Improvement
    7.000
    04/01/2022
    A-
    CT
    USD
    0.09
    State Of Illinois
    4.000
    01/01/2022
    BBB
    IL
    USD
    0.09
    State Of Illinois
    5.000
    06/01/2021
    BBB
    IL
    USD
    0.09
    Village Community Development District
    4.500
    05/01/2023
    A+
    FL
    USD
    0.09
    Long Beach Bond Finance Authority
    5.250
    11/15/2018
    BBB+
    CA
    USD
    0.09
    Palomar Health
    5.000
    11/01/2027
    BB+
    CA
    USD
    0.09
    County Of Allegheny Pa
    5.000
    11/01/2026
    A+
    PA
    USD
    0.09
    Clifton Higher Education Finance Corp
    4.625
    08/15/2025
    A-
    TX
    USD
    0.09
    City Of Anoka Mn
    4.250
    11/01/2027
    --
    MN
    USD
    0.09
    City Of Chicago Il
    5.000
    01/01/2022
    BBB-
    IL
    USD
    0.09
    New Jersey Economic Development Authori
    4.250
    06/15/2027
    BBB+
    NJ
    USD
    0.09
    La Vernia Higher Education Finance Corp
    4.200
    08/15/2025
    --
    TX
    USD
    0.09
    New Jersey Economic Development Authori
    4.000
    11/01/2027
    BBB+
    NJ
    USD
    0.09
    City Of Cleveland Oh Airport System Rev
    5.250
    01/01/2021
    BBB+
    OH
    USD
    0.09
    Colorado Health Facilities Authority
    5.000
    05/15/2027
    A+
    CO
    USD
    0.09
    San Francisco Community College Distric
    5.000
    06/15/2022
    A+
    CA
    USD
    0.08
    State Of Illinois
    4.000
    01/01/2026
    BBB
    IL
    USD
    0.08
    New York City Industrial Development Ag
    5.000
    01/01/2021
    BBB-
    NY
    USD
    0.08
    Hospitals & Higher Education Facilities
    5.000
    07/01/2022
    BB+
    PA
    USD
    0.08
    San Jose Redevelopment Agency
    5.000
    08/01/2021
    BBB
    CA
    USD
    0.08
    New Hope Cultural Education Facilities
    4.000
    08/15/2026
    --
    TX
    USD
    0.08
    Sa Energy Acquisition Public Facility C
    5.500
    08/01/2022
    A-
    TX
    USD
    0.08
    Newport News Economic Development Autho
    3.125
    12/01/2026
    --
    VA
    USD
    0.08
    Virgin Islands Water & Power Authority
    5.000
    07/01/2023
    B+
    VI
    USD
    0.08
    State Of Illinois
    4.000
    01/01/2029
    BBB
    IL
    USD
    0.08
    Philadelphia Gas Works Co
    5.000
    08/01/2025
    BBB+
    PA
    USD
    0.08
    New Hope Cultural Education Facilities
    5.000
    01/01/2024
    A
    TX
    USD
    0.08
    Town Of Oyster Bay Ny
    3.000
    08/15/2020
    --
    NY
    USD
    0.08
    Maine Health & Higher Educational Facil
    5.000
    07/01/2019
    BB+
    ME
    USD
    0.08
    Johnson City Health & Educational Facil
    5.375
    07/01/2025
    BBB+
    TN
    USD
    0.08
    Overland Park Development Corp
    5.125
    01/01/2022
    BB
    KS
    USD
    0.08
    Tobacco Settlement Financing Corp/La
    5.000
    05/15/2021
    AAA
    LA
    USD
    0.08
    Pennsylvania Economic Development Finan
    5.000
    12/31/2020
    BBB+
    PA
    USD
    0.08
    Westchester County Healthcare Corp/Ny
    5.000
    11/01/2019
    BBB
    NY
    USD
    0.07
    Industrial Development Authority Of The
    5.000
    06/15/2020
    A-
    MO
    USD
    0.07
    Industrial Development Authority Of The
    4.375
    07/01/2026
    AA-
    AZ
    USD
    0.07
    Sa Energy Acquisition Public Facility C
    5.500
    08/01/2021
    A-
    TX
    USD
    0.07
    Tsasc Inc/Ny
    5.000
    06/01/2027
    --
    NY
    USD
    0.07
    Tsasc Inc/Ny
    5.000
    06/01/2028
    --
    NY
    USD
    0.07
    New Jersey Economic Development Authori
    4.000
    06/15/2019
    BBB+
    NJ
    USD
    0.07
    State Of Illinois
    4.000
    08/01/2025
    BBB
    IL
    USD
    0.07
    State Of New Jersey
    3.000
    06/01/2026
    A-
    NJ
    USD
    0.07
    Texas Municipal Gas Acquisition & Suppl
    5.000
    12/15/2024
    BBB+
    TX
    USD
    0.07
    Michigan Tobacco Settlement Finance Aut
    5.250
    06/01/2022
    --
    MI
    USD
    0.07
    Railsplitter Tobacco Settlement Authori
    5.375
    06/01/2021
    AA
    IL
    USD
    0.07
    City Of Vernon Ca Electric System Reven
    5.125
    08/01/2021
    BBB+
    CA
    USD
    0.07
    Chicago Board Of Education
    4.250
    12/01/2018
    B-
    IL
    USD
    0.07
    Texas Municipal Gas Acquisition & Suppl
    5.250
    12/15/2018
    BBB+
    TX
    USD
    0.07
    Salt Verde Financial Corp
    5.250
    12/01/2024
    BBB+
    AZ
    USD
    0.07
    Tobacco Settlement Financing Corp/Nj
    5.000
    06/01/2019
    A-
    NJ
    USD
    0.06
    Chicago Board Of Education
    5.000
    12/01/2018
    B-
    IL
    USD
    0.06
    Railsplitter Tobacco Settlement Authori
    5.125
    06/01/2019
    --
    IL
    USD
    0.06
    Salt Verde Financial Corp
    5.250
    12/01/2021
    BBB+
    AZ
    USD
    0.06
    City Of Atlantic City Nj
    5.000
    12/01/2020
    AA
    NJ
    USD
    0.06
    Texas Municipal Gas Acquisition & Suppl
    5.250
    12/15/2024
    BBB+
    TX
    USD
    0.06
    West Virginia Hospital Finance Authorit
    6.250
    10/01/2023
    --
    WV
    USD
    0.06
    State Of Illinois
    5.500
    07/01/2026
    BBB
    IL
    USD
    0.06
    Sa Energy Acquisition Public Facility C
    5.500
    08/01/2024
    A-
    TX
    USD
    0.06
    Chicago Board Of Education
    5.000
    12/01/2021
    B
    IL
    USD
    0.06
    New York City Industrial Development Ag
    5.000
    01/01/2020
    BBB-
    NY
    USD
    0.06
    Cullman County Health Care Authority
    6.250
    02/01/2023
    BB+
    AL
    USD
    0.05
    Chicago Board Of Education
    5.000
    12/01/2018
    B
    IL
    USD
    0.05
    Illinois Finance Authority
    5.000
    04/01/2020
    BB+
    IL
    USD
    0.05
    California Municipal Finance Authority
    5.000
    02/01/2027
    BBB+
    CA
    USD
    0.05
    California Municipal Finance Authority
    5.000
    02/01/2028
    BBB+
    CA
    USD
    0.05
    Virgin Islands Public Finance Authority
    6.750
    10/01/2019
    B+
    VI
    USD
    0.05
    Salt Verde Financial Corp
    5.250
    12/01/2023
    BBB+
    AZ
    USD
    0.05
    County Of Cuyahoga Oh
    5.000
    02/15/2026
    BBB-
    OH
    USD
    0.05
    New York Transportation Development Cor
    5.000
    01/01/2022
    BBB+
    NY
    USD
    0.05
    New Jersey Economic Development Authori
    5.750
    09/15/2027
    B+
    NJ
    USD
    0.05
    City Of Detroit Mi Water Supply System
    5.250
    07/01/2025
    BBB+
    MI
    USD
    0.05
    Will County Community High School Distr
    0.000
    01/01/2028
    --
    IL
    USD
    0.05
    Illinois Finance Authority
    5.500
    08/15/2024
    BBB+
    IL
    USD
    0.05
    Lincoln Public Financing Authority
    5.375
    09/02/2021
    A+
    CA
    USD
    0.05
    State Of Illinois
    5.000
    07/01/2021
    BBB
    IL
    USD
    0.05
    Town Of Oyster Bay Ny
    3.000
    08/15/2021
    --
    NY
    USD
    0.05
    County Of Muskingum Oh
    4.000
    02/15/2023
    BB
    OH
    USD
    0.04
    State Of Illinois
    4.000
    01/01/2023
    BBB
    IL
    USD
    0.04
    New York State Dormitory Authority
    5.000
    08/01/2022
    BBB
    NY
    USD
    0.04
    Virgin Islands Water & Power Authority
    5.000
    07/01/2024
    B+
    VI
    USD
    0.04
    Metropolitan Pier & Exposition Authorit
    5.000
    06/15/2023
    BBB
    IL
    USD
    0.04
    New York Transportation Development Cor
    5.000
    01/01/2021
    BBB+
    NY
    USD
    0.03
    Alameda Corridor Transportation Authori
    0.000
    10/01/2018
    BBB
    CA
    USD
    0.03
    Metropolitan Pier & Exposition Authorit
    5.000
    12/15/2022
    BBB
    IL
    USD
    0.03
    New York Transportation Development Cor
    5.000
    08/01/2021
    BB-
    NY
    USD
    0.03
    Dallas/Fort Worth International Airport
    4.000
    11/01/2019
    A
    TX
    USD
    0.03
    Virgin Islands Water & Power Authority
    5.000
    07/01/2025
    B+
    VI
    USD
    0.03
    Town Of Oyster Bay Ny
    3.000
    08/15/2019
    A-
    NY
    USD
    0.03
    Chicago Board Of Education
    4.250
    12/01/2018
    --
    IL
    USD
    0.03
    Railsplitter Tobacco Settlement Authori
    5.250
    06/01/2021
    AA-
    IL
    USD
    0.02
    Clarksville Natural Gas Acquisition Cor
    5.000
    12/15/2021
    A-
    TN
    USD
    0.02
    Suffolk County Economic Development Cor
    5.000
    07/01/2022
    BBB+
    NY
    USD
    0.02
    City Of Modesto Ca
    5.000
    11/01/2023
    AA+
    CA
    USD
    0.02
    Chesterfield County Economic Developmen
    4.125
    01/01/2024
    A-
    VA
    USD
    0.02
    Virgin Islands Public Finance Authority
    5.000
    10/01/2025
    BB
    VI
    USD
    0.02
    New York City Industrial Development Ag
    5.000
    01/01/2022
    BBB-
    NY
    USD
    0.02
    City Of New Orleans La Sewerage Service
    5.000
    06/01/2022
    A-
    LA
    USD
    0.02
    Puerto Rico Highway & Transportation Au
    5.000
    07/01/2018
    CC
    PR
    USD
    0.02
    Texas Municipal Gas Acquisition & Suppl
    5.250
    12/15/2019
    BBB+
    TX
    USD
    0.02
    Texas Municipal Gas Acquisition & Suppl
    5.000
    12/15/2018
    BBB+
    TX
    USD
    0.02
    Mississippi Business Finance Corp
    5.875
    04/01/2022
    BBB
    MS
    USD
    0.02
    San Jose Redevelopment Agency
    5.000
    08/01/2018
    BBB
    CA
    USD
    0.02
    Texas Municipal Gas Acquisition & Suppl
    5.250
    12/15/2023
    BBB+
    TX
    USD
    0.01
    Chicago Board Of Education
    5.000
    12/01/2018
    --
    IL
    USD
    0.01
    Salt Verde Financial Corp
    5.250
    12/01/2028
    BBB+
    AZ
    USD
    0.01
    Kentucky Economic Development Finance A
    5.250
    06/01/2023
    BBB
    KY
    USD
    0.01
    Ohio Air Quality Development Authority
    6.750
    06/01/2024
    CCC+
    OH
    USD
    0.01
    Louisiana Public Facilities Authority
    7.500
    07/01/2023
    AA
    LA
    USD
    0.01
    Louisiana Public Facilities Authority
    7.000
    07/01/2024
    A
    LA
    USD
    0.01
    Colorado Health Facilities Authority
    5.250
    07/01/2024
    BBB+
    CO
    USD
    0.00
    Other/Cash
    --
    --
    --
    --
    USD
    2.00

    These are not recommendations to buy or to sell any security. Securities and holdings may vary. Composite Rating: An evenly weighted blend of a security's Moody's, S&P, Fitch and DBRS ratings. Not Rated indicates that a security is rated by fewer than two of the four rating agencies. This composite is not intended to be a credit opinion. 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. The Distribution Yield is the annual yield an investor would receive if the most recent Fund distribution stayed the same going forward. The yield represents a single distribution from the Fund and does not represent the total return of the Fund.  The yield is calculated by annualizing the most recent distribution and dividing by the Fund NAV from the as-of date. The 12-Month Yield is the yield an investor would have received if they had held the fund over the last 12 months assuming the most recent NAV. The 12-month yield is calculated by summing any income distributions over the past 12 months and dividing by the sum of the most recent NAV and any capital gain distributions made over the past 12 months. Yield information reflects temporary waivers of expenses and/or fees. Yields would have been reduced had these fees/expenses been included.

    1aTaxable equivalent yields (TEY) are used by investors to compare yields on taxable and tax-exempt securities after accounting for federal income taxes. TEY represents the yield a taxable bond investment would have to earn in order to match, after deducting federal income taxes, the yield available on a tax-exempt municipal bond investment. TEY = Tax-Free Municipal Bond Yield/(1 -Tax Rate).

    2SHYD Fees & Expenses : The investment management agreement between VanEck Vectors ETF Trust (the "Trust") and Van Eck Associates Corporation (the "Adviser") provides that the Adviser will pay all expenses of the Fund, except for the fee payment under the investment management agreement, interest expense, offering costs, trading expenses, taxes and extraordinary expenses. 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. 

    4These figures represent averages. Yield to Worst measures the lowest of either yield-to-maturity or yield-to-call date on every possible call date. Yield to Maturity is the annualized return on a bond held to maturity. Effective Duration measures a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield. This duration measure is appropriate for bonds with embedded options.Modified Duration measures a bond's sensitivity to interest rate changes that reflects the change in a bond's price given a change in yield.Duration to Worst measures the duration of a bond computed using the bond's nearest call date or maturity, whichever comes first. This measure ignores future cash flow fluctuations due to embedded optionality. Spread Duration measures a bond's price sensitivity to a 100 basis point change to its option-adjusted spread. As the rate of the Treasury security in the option-adjusted spread increases, the rate of the option-adjusted spread also increases.Years to Maturity  is the period of time for which a financial instrument remains outstanding. Maturity refers to a finite time period at the end of which the financial instrument will cease to exist and the principal is repaid. Coupon is measured by weighting the coupon of each bond by its relative size in the portfolio. Coupons are fixed percentages paid on a fixed-income security on an annual basis. Averages are market weighted. The Coupon and Yield to Worst do not represent the performance of the Fund. These statistics do not take into account fees and expenses associated with investments of the Fund.

    5IIV 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, risks related to litigation, legislation, political change, conditions in underlying sectors or in local business communities and economies, bankruptcy or other changes in the issuer's financial condition and/or the discontinuance of taxes supporting the project or assets of the inability to collect revenues for the project or from the assets, and credit, interest rate, and call risk, all of which may adversely affect the Fund. High-yield municipal bonds are subject to greater risk of loss of income and principal than higher-rated securities, and are likely to be more sensitive to adverse economic changes or individual municipal developments than those of higher-rated securities. Municipal bonds may be less liquid than taxable bonds. A portion of the dividends you receive may be subject to the federal alternative minimum tax (AMT).There is no guarantee that the Fund's income will be exempt from federal, state or local income taxes, and changes in those tax rates or in alternative minimum tax rates or in the tax treatment of municipal bonds may make them less attractive as investments and cause them to lose value. Capital gains, if any, are subject to capital gains tax. 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 VanEck Vectors ETFs are not sponsored by, endorsed, sold or promoted by Bloomberg or Barclays and neither Bloomberg nor Barclays makes any representation regarding the advisability of investing in them. The only relationship to the Adviser with respect to the VanEck Vectors ETFs is the licensing of certain trademarks and trade names of Bloomberg and Barclays and the BLOOMBERG BARCLAYS INDICES that are determined, composed and calculated by Bloomberg without regard to the Adviser or any investor in the VanEck Vectors ETFs.

    After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares throughtax-deferred arrangements such as 401(k) plans or individual retirement.

    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.

    The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and value of the shares of the Fund will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Fund returns reflect dividends and capital gains distributions. Performance current to the most recent month end is available by calling 800.826.2333 or on this web page.

    Investing involves substantial risk and high volatility, including possible loss of principal. Bonds and bond funds will decrease in value as interest rates rise. 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.