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GLCN
VanEck Vectors China Growth Leaders ETF

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.

 
 

  • Fund Ticker

    GLCN
  • Exchange

    NYSE Arca
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MGCNGRNR
  • Index Rebalancing

    Semi-Annually

 
as of 07/23/21

  • 30-Day SEC Yield1

    0.59%
  • Total Net Assets

    $35.4M
  • Number of Holdings

    201
  • Options

    Expected
  • Gross Expense Ratio2

    1.27%
  • Net Expense Ratio/TER2

    0.60%
  • Distribution Frequency

    Annual

Key Points

  • Access fundamentally sound Chinese companies with attractive growth potential at a reasonable price (“GARP”)

  • Represents the entire Chinese opportunity set regardless of size or listing location6

  • Potential to outperform traditional capitalization-weighted benchmarks by selecting top-ranked companies

Trading Information

  • Fund Ticker

    GLCN
  • Index Total Return
    Ticker

    MGCNGRNR
  • NAV

    GLCNNV
  • Intraday NAV (IIV)4

    GLCNNIV
  • Shares Outstanding

    800,000
  • Estimated Cash

    GLCNEU
  • Total Cash

    GLCNTC
  • CUSIP

    92189F759
  • ISIN

    US92189F7592
Source: Bloomberg

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/TER2

    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.

Investment Professionals

  • Portfolio Manager and Head of Equity ETFs
  • Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
  • Joined VanEck in 2005
  • CFA charterholder; member of the CFA Society New York
  • BA, Mathematics and Economics, New York University
  • Portfolio Manager and Analyst for Equity ETFs
  • Joined VanEck in 2007
  • Prior to his current role, held a portfolio administration position at VanEck
  • Previously, Portfolio Analyst at Evaluation Associates
  • BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 07/23/21

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
GLCN $44.30
$44.29
1,416
1,610
-$1.19 / -2.61%
$-1.05 / -2.32%
-5.42%
-4.55%
$-0.01
-0.02%
--

Premium/Discount History as of 07/23/21

Calendar Year 2020 3Q 2020 4Q 2020 1Q 2021 2Q 2021 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 20 3 8 18 14
GLCN Days closed at NAV 1 0 1 1 4
Days closed at a discount 232 61 55 42 45


Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/13/10
GLCN (NAV) 0.30 5.69 1.14 31.78 13.06 10.30 5.20 4.60
GLCN (Share Price) -0.08 5.46 1.92 33.37 12.85 10.38 3.94 4.55
MGCNGRNR (Index) 0.65 6.40 1.68 33.31 17.20 13.47 7.66 6.99
Performance Differential (NAV - Index) -0.35 -0.71 -0.54 -1.53 -4.14 -3.17 -2.46 -2.39
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/13/10
GLCN (NAV) 0.30 5.69 1.14 31.78 13.06 10.30 5.20 4.60
GLCN (Share Price) -0.08 5.46 1.92 33.37 12.85 10.38 3.94 4.55
MGCNGRNR (Index) 0.65 6.40 1.68 33.31 17.20 13.47 7.66 6.99
Performance Differential (NAV - Index) -0.35 -0.71 -0.54 -1.53 -4.14 -3.17 -2.46 -2.39

Top 10 Holdings (%) as of 06/30/21 Daily Holdings

Total Holdings: 201
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
LONGI GREEN ENERGY TECHNOLOGY CO LTD
601012 CH
169,236
2,322,099 6.13
WULIANGYE YIBIN CO LTD
000858 C2
47,430
2,182,878 5.76
ALIBABA GROUP HOLDING LTD
BABA US
7,407
1,679,759 4.43
TENCENT HOLDINGS LTD
700 HK
21,300
1,603,410 4.23
JD.COM INC
JD US
19,702
1,572,417 4.15
AIER EYE HOSPITAL GROUP CO LTD
300015 C2
115,784
1,269,407 3.35
LUXSHARE PRECISION INDUSTRY CO LTD
002475 C2
176,905
1,258,934 3.32
MUYUAN FOODS CO LTD
002714 C2
121,224
1,140,234 3.01
LUZHOU LAOJIAO CO LTD
000568 C2
30,328
1,105,411 2.92
SANY HEAVY INDUSTRY CO LTD
600031 CH
240,900
1,082,694 2.86
Top 10 Total (%) 40.16
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 06/30/21

  • Country

    % of Net Assets
  • China

    99.27
  • Other/Cash

    0.73

Sector Weightings (%) as of 06/30/21

  • Sector

    % of Net Assets
  • Consumer Staples

    23.5
  • Information Technology

    19.2
  • Consumer Discretionary

    14.2
  • Health Care

    13.0
  • Industrials

    10.4
  • Materials

    7.3
  • Communication Services

    6.4
  • Real Estate

    2.7
  • Financials

    2.3
  • Energy

    0.2
  • Other/Cash

    0.7