DAMVanEck Digital Assets Mining ETF
Fund Description
VanEck Digital Assets Mining ETF (the “Fund”) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Digital Assets Mining Index (the “Index”), which is intended to track the performance of companies that are participating in the digital assets mining economy.
-
Fund Ticker
DAM -
Exchange
NASDAQ -
Inception Date
03/07/2022 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Index Ticker
MVDAMTR -
Index Rebalancing
Quarterly
as of 09/30/22
-
30-Day SEC Yield1
-0.56% -
Total Net Assets
$1.2M -
Number of Holdings
25 -
Options
Available -
Gross Expense Ratio2
0.50% -
Net Expense Ratio/TER2
0.50% -
Distribution Frequency
Annual -
Next Distribution Date
12/16/2022
Key Points
- Digital asset miners secure, record and store data on the blockchain
- Industry supported by high current demand for digital assets
- Integral, high-growth segment of the digital assets economy
Trading Information
-
Fund Ticker
DAM -
Index Total Return Ticker
MVDAMTR -
NAV
DAMNV -
Intraday NAV (IIV)4
DAMIV -
Shares Outstanding
100,000 -
Estimated Cash
DAMEU -
Total Cash
DAMTC -
CUSIP
92189H763 -
ISIN
US92189H7632
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
-- -
Acquired Fund Fees and Expenses
-- -
Gross Expense Ratio
0.50% -
Fee Waivers and
--
Expense Reimbursement -
Net Expense Ratio/TER2
0.50%
Investment Professionals
Peter Liao, CFA
- 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
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
$0.02
/
+0.19%
Performance History: Average Annual Total Returns* (%)
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 03/07/22 |
|
|---|---|---|---|---|---|---|---|---|
| DAM (NAV) | -2.69 | -24.07 | -- | -- | -- | -- | -- | -54.55 |
| DAM (Share Price) | -2.20 | -23.98 | -- | -- | -- | -- | -- | -54.39 |
| MVDAMTR (Index) | -2.62 | -23.99 | -- | -- | -- | -- | -- | -54.41 |
| Performance Differential (NAV - Index) | -0.07 | -0.08 | -- | -- | -- | -- | -- | -0.14 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 03/07/22 |
|
|---|---|---|---|---|---|---|---|---|
| DAM (NAV) | -43.02 | -72.58 | -- | -- | -- | -- | -- | -65.90 |
| DAM (Share Price) | -43.11 | -72.59 | -- | -- | -- | -- | -- | -65.86 |
| MVDAMTR (Index) | -43.05 | -72.55 | -- | -- | -- | -- | -- | -65.84 |
| Performance Differential (NAV - Index) | 0.03 | -0.03 | -- | -- | -- | -- | -- | -0.06 |
Top 10 Holdings (%) as of 08/31/22 Daily Holdings
to view
full data
| Holding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
|---|---|---|---|---|
| Marathon Digital Holdings Inc |
MARA US |
11,292 |
133,810 | 8.81 |
| Riot Blockchain Inc |
RIOT US |
16,237 |
116,419 | 7.66 |
| Hive Blockchain Technologies Ltd |
HIVE US |
21,133 |
107,567 | 7.08 |
| Silvergate Capital Corp |
SI US |
994 |
90,573 | 5.96 |
| Hut 8 Mining Corp |
HUT US |
43,335 |
87,970 | 5.79 |
| Coinbase Global Inc |
COIN US |
1,197 |
79,960 | 5.26 |
| Cipher Mining Inc |
CIFR US |
39,690 |
79,777 | 5.25 |
| Canaan Inc |
CAN US |
22,557 |
79,175 | 5.21 |
| Bit Digital Inc |
BTBT US |
46,117 |
68,253 | 4.49 |
| Block Inc |
SQ US |
978 |
67,394 | 4.44 |
| Top 10 Total (%) | 59.95 | |||
Country Weightings (%) as of 08/31/22
-
Country
% of Net Assets -
■
United States
60.16 -
■
Canada
9.70 -
■
China
9.20 -
■
Bermuda
7.08 -
■
Australia
5.67 -
■
United Kingdom
4.15 -
■
Germany
4.01 -
■
Other/Cash
0.03
Sector Weightings (%) as of 08/31/22
-
Sector
% of Net Assets -
■
Information Technology
82.6 -
■
Financials
14.5 -
■
n/a
2.8 -
■
Other/Cash
0.0