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 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Custodian
State Street Bank and Trust Company -
Index Ticker
MVDAMTR -
Index Rebalancing
Quarterly
as of 05/27/22
-
30-Day SEC Yield1
-0.59% -
Total Net Assets
$1.9M -
Number of Holdings
25 -
Options
Available -
Gross Expense Ratio2
0.50% -
Net Expense Ratio/TER2
0.50% -
Distribution Frequency
Annual
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
-- -
Gross Expense Ratio
0.50% -
Fee Waivers and
--
Expense Reimbursement -
Net Expense Ratio/TER2
0.50%
2Expenses for DAM are capped contractually at 0.50% until February 1, 2024. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.
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
Guo Hua (Jason) Jin
- 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
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
Prices as of 05/27/22
$0.96 / +5.19% Performance History: Average Annual Total Returns* (%)
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 03/07/22 |
|
|---|---|---|---|---|---|---|---|---|
| DAM (NAV) | -35.60 | -- | -19.92 | -- | -- | -- | -- | -19.92 |
| DAM (Share Price) | -35.65 | -- | -19.86 | -- | -- | -- | -- | -19.86 |
| MVDAMTR (Index) | -35.52 | -- | -- | -- | -- | -- | -- | -19.77 |
| Performance Differential (NAV - Index) | -0.08 | -- | -- | -- | -- | -- | -- | -0.15 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 03/07/22 |
|
|---|---|---|---|---|---|---|---|---|
| DAM (NAV) | -- | -- | -- | -- | -- | -- | -- | 24.35 |
| DAM (Share Price) | -- | -- | -- | -- | -- | -- | -- | 24.53 |
| MVDAMTR (Index) | 4.27 | -- | -- | -- | -- | -- | -- | 24.42 |
| Performance Differential (NAV - Index) | -- | -- | -- | -- | -- | -- | -- | -0.07 |
Top 10 Holdings (%) as of 04/30/22 Daily Holdings
to view
full data
| Holding Name |
Ticker
|
Shares |
Market Value (US$) |
% of Net Assets |
|
|---|---|---|---|---|---|
| MARATHON DIGITAL HOLDINGS INC |
MARA US
|
10,927
|
170,461 | 8.49 | |
| RIOT BLOCKCHAIN INC |
RIOT US
|
16,664
|
168,973 | 8.42 | |
| NORTHERN DATA AG |
NB2 GR
|
2,853
|
146,916 | 7.32 | |
| HUT 8 MINING CORP |
HUT US
|
38,837
|
138,260 | 6.89 | |
| HIVE BLOCKCHAIN TECHNOLOGIES LTD |
HIVE US
|
89,421
|
130,555 | 6.50 | |
| BLOCK INC |
SQ US
|
1,128
|
112,281 | 5.59 | |
| CANAAN INC |
CAN US
|
28,752
|
109,258 | 5.44 | |
| ARGO BLOCKCHAIN PLC |
ARBK US
|
12,962
|
101,492 | 5.06 | |
| BITFARMS LTD/CANADA |
BITF US
|
34,787
|
100,187 | 4.99 | |
| IRIS ENERGY LTD |
IREN US
|
10,452
|
90,828 | 4.52 | |
| Top 10 Total (%) | 63.22 | ||||
Country Weightings (%) as of 04/30/22
-
Country
% of Net Assets -
■
United States
50.98 -
■
Canada
19.78 -
■
China
9.12 -
■
Australia
7.93 -
■
Germany
7.32 -
■
United Kingdom
5.06 -
■
Other/Cash
-0.19
Sector Weightings (%) as of 04/30/22
-
Sector
% of Net Assets -
■
Information Technology
86.8 -
■
Financials
11.4 -
■
n/a
2.1 -
■
Other/Cash
-0.2