GLCN

VanEck Vectors
China Growth Leaders

As of May 31, 2021

Fund Details

Fund Ticker GLCN
Intraday NAV (IIV) GLCNNIV
Index Ticker MGCNGRNR
Total Net Assets ($M) 37.78
Options Expected
Exchange NYSE Arca

Fund Data

Number of Holdings 201
Currency USD
Price/Earnings Ratio* 19.31
Price/Book Ratio* 4.53
Weighted Avg. Market Cap ($M) $93,924
30-Day SEC Yield1 0.30%
NAV: 52 Week High/Low $54.93/$38.18
*30-Day SEC Yield is based on the most recent 30-day period and reflects the investment income earned after deducting a fund’s expenses for the period. This yield does not necessarily reflect the yield that an investor will receive. Distributions may vary from time to time. A weighted harmonic average is used to calculate this metric. Price/Book Ratio is the price of a security divided by the book value per share of the security. Price/Earnings Ratio is the price of a security divided by the last twelve months earnings per share of the security. 

Fees and Expenses2

Management Fee 0.50%
Other Expenses 0.77%
Gross Expense Ratio 1.27%
Fee Waivers and
Expense Reimbursement
-0.67%
Net Expense Ratio 0.60%
2Expenses for GLCN are capped contractually at 0.60% until May 1, 2022. Cap excludes acquired fund fees and expenses, trading expenses, taxes and extraordinary expenses.

Fund Description

VanEck Vectors® China Growth Leaders ETF (GLCN) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketGrader China All-Cap Growth Leaders Index (MGCNGRNR), which consists of fundamentally sound Chinese companies that exhibit attractive growth potential at a reasonable price.

Top 10 Holdings

Total Holdings: 201
Holding Name Ticker % of Net Assets
WULIANGYE YIBIN CO LTD 000858 C2 6.26
LONGI GREEN ENERGY TECHNOLOGY CO LTD 601012 CH 4.90
TENCENT HOLDINGS LTD 700 HK 4.41
ALIBABA GROUP HOLDING LTD BABA US 4.19
JD.COM INC JD US 3.86
LUZHOU LAOJIAO CO LTD 000568 C2 3.47
MUYUAN FOODS CO LTD 002714 C2 3.26
AIER EYE HOSPITAL GROUP CO LTD 300015 C2 3.12
SANY HEAVY INDUSTRY CO LTD 600031 CH 3.06
LUXSHARE PRECISION INDUSTRY CO LTD 002475 C2 2.89
Top 10 Total 39.42
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Performance History: Average Annual Total Returns* (%)

Month End as of 05/31/21 1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/13/10
GLCN (NAV) 1.34 -2.38 0.84 44.09 8.95 10.13 5.41 4.61
GLCN (Share Price) 1.46 -2.15 2.00 45.49 8.74 9.99 3.54 4.59
MGCNGRNR (Index) 0.85 -2.20 1.02 45.24 12.83 13.12 7.85 6.98
Performance Differential (NAV - Index) 0.49 -0.18 -0.18 -1.15 -3.88 -2.99 -2.44 -2.37
Quarter End as of 03/31/21 1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/13/10
GLCN (NAV) -7.36 -4.30 -4.30 45.96 5.05 8.21 4.23 4.16
GLCN (Share Price) -7.30 -3.36 -3.36 46.71 4.99 8.37 3.09 4.13
MGCNGRNR (Index) -7.49 -4.44 -4.44 49.23 9.17 11.19 6.62 6.53
Performance Differential (NAV - Index) 0.13 0.14 0.14 -3.27 -4.12 -2.98 -2.39 -2.37

The Fund’s prospectus has not been submitted for approval to the Belgian Financial Services and Markets Authority (Autoriteit voor Financiële Diensten en Markten / Autorité des Services et Marchés Financiers) and, accordingly, the shares may not be distributed by way of public offering in Belgium and may only be offered to a maximum of 99 investors or to institutional and professional investors (as defined in Article 5, §3 of the Law of July 20, 2004, and as extended by the provisions of the Belgian Royal Decree of September 26, 2006 . These materials may be distributed in Belgium only to such prospective investors for their personal use and may not be used for any other purpose or passed on to any other person in Belgium. Shares will only be offered to such qualifying prospective investors.

In the absence of temporary expense waivers or reimbursements, the 30-Day SEC Yield for VanEck Vectors China Growth Leaders would have been -0.16% on 05/31/21.

The performance data quoted represents past performance. As of October 31, 2018, index data for the CSI 300 Index (the “Index”) for all periods presented reflect the CSIH0749 stream of the Index which is denominated in USD and converted by the index provider using the “offshore” Renminbi (CNH) exchange rate. Past performance is not a guarantee of future results. Performance information for the Fund reflects temporary waivers of expenses and/or fees. Had the Fund incurred all expenses, investment returns would have been reduced. 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. Net asset value (NAV) per share is calculated by subtracting total liabilities from the total assets, then dividing by the number of shares outstanding. Share price is the last price at which shares were traded on the Fund's primary listing exchange. Performance current to the most recent month end is available by calling 800.826.2333 or by visiting vaneck.com. Index returns assume the reinvestment of all income and do not reflect any management fees or brokerage expenses associated with Fund returns. Returns for actual Fund investors may differ from what is shown because of differences in timing, the amount invested and fees and expenses. Certain indices may take into account withholding taxes. You cannot invest directly in an Index.

GLCN

VanEck Vectors
China Growth Leaders

As of May 31, 2021

Top 10 Countries

Country % of Net Assets
China 99.67
Total 99.67

Sector Weightings

Sector % of Net Assets
Consumer Staples 25.7
Information Technology 15.9
Consumer Discretionary 14.0
Health Care 13.1
Industrials 10.8
Materials 7.8
Communication Services 6.8
Real Estate 3.0
Financials 2.3
Energy 0.2
Other/Cash 0.3

The Fund may gain exposure to the China A-Share market by directly investing in China A-Shares and investing in swaps that are linked to the performance of China A-Shares. An investment in the Fund involves a significant degree of risk, including, but not limited to, risk of the RQFII regime and the Fund’s principal investment strategy, investing in China and A-shares, investing through Stock Connect, Science and Technology Innovation Board (also known as the "STAR Board"), foreign securities, emerging market issuers, foreign currency, consumer discretionary sector, communication services sector, consumer staples sector, financials sector, health care sector information technology sector, swaps, futures, other funds, small- and medium-capitalization companies, cash transactions, equity securities, market, operational, high portfolio turnover, index tracking, authorized participant concertation, no guarantee of active trading market, trading issues, passive management risk, fund shares trading, premium/discount risk and liquidity of fund shares, non-diversification and concentration risks and the Adviser's and Sub-adviser's ability to manage the Fund, which depends upon the availability of China A-Shares and the willingness of swap counterparties to engage in swaps linked to the performance of China A-shares all of which may adversely affect the Fund. The Fund may invest in derivatives, which entail certain risks, including counterparty, liquidity, and tax risks (including short-term capital gains and/or ordinary income). Foreign and emerging markets 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 returns. The Fund may also invest in shares of other funds and absorb duplicate levels of fees with respect to these investments. Small- and medium-capitalization companies may be subject to elevated risks.

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. 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.

Van Eck Securities Corporation, Distributor | 666 Third Avenue | New York, NY 10017 

FUND TICKER: GLCN 800.826.2333 VANECK.COM