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Learn more about Income with Impact

GRNB
VanEck Vectors Green Bond ETF

Market Updates*

  • Green bonds finance projects that have a positive impact on the environment, and allow investors to integrate sustainability into their core fixed income portfolios without significantly impacting the overall risk/return profile.
  • Investor demand has driven market growth, which we expect to continue as issuers pursue sustainability initiatives and policymakers seek to mobilize private capital to finance a green agenda.
  • 2020 issuance set another record at $269 billion, despite a near market shutdown in March and April; expectations are for another record-setting year in 2021.1

Learn More | Green Bonds: Five Years After Paris

1Source: Climate Bonds Initiative

Fund Description

VanEck Vectors® Green Bond ETF (GRNB®) seeks to replicate, as closely as possible, before fees and expenses, the price and yield performance of the S&P Green Bond U.S. Dollar Select Index (SPGRUSST). The index is comprised of U.S. dollar-denominated green bonds that are issued to finance environmentally friendly projects, and includes bonds issued by supranational, government, and corporate issuers globally.

 
 

  • Fund Ticker

    GRNB

  • Exchange

    NYSE Arca

  • ETF Structure

    Physical

  • Administrator

    Van Eck Associates

  • Custodian

    State Street Bank and Trust Company

  • Index Ticker

    SPGRUSST

  • Index Rebalancing

    Monthly

 
as of 07/27/21

  • 30-Day SEC Yield1

    1.77%

  • Total Net Assets

    $96.4M

  • Number of Holdings

    282

  • Options

    Expected

  • Gross Expense Ratio2

    0.20%

  • Net Expense Ratio/TER2

    0.20%

  • Distribution Frequency

    Monthly
1,2 See Important Disclosure. 
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Country Weightings (%) as of 06/30/21

  • Country

    % of Net Assets
  • ■

    United States

    35.33
  • ■

    China

    14.24
  • ■

    Supra-National

    9.89
  • ■

    Netherlands

    5.33
  • ■

    South Korea

    4.46
  • ■

    Germany

    3.73
  • ■

    Brazil

    2.71
  • ■

    India

    2.56
  • ■

    Chile

    2.38
  • ■

    Indonesia

    2.21
  • ■

    Canada

    2.01
  • ■

    Singapore

    1.53
  • ■

    United Kingdom

    1.50
  • ■

    Japan

    1.41
  • ■

    Spain

    1.24
  • ■

    Uae

    1.13
  • ■

    Sweden

    1.06
  • ■

    Luxembourg

    0.95
  • ■

    Norway

    0.84
  • ■

    France

    0.69
  • ■

    Other/Cash

    4.78

Portfolio Composition (%)
as of 06/30/21

  • % of Net Assets

  • Stocks

    0.19

  • Bonds

    99.40

  • Other

    0.00

  • Cash

    0.83

Currency Exposure (%)
as of 06/30/21

  • U.S. Dollar

    99.58

  • Other/Cash

    0.42

Credit Quality (%) as of 06/30/21

Composite % of Net Assets
Investment Grade AAA 16.74
AA 12.57
A 22.52
BBB 23.27
Non-Investment Grade BB 10.16
B 3.41
Total Investment Grade -- 75.10
Total Non-Investment Grade -- 13.57
Not Rated -- 10.91
Source: Bloomberg.  Rating is a proprietary composite of various rating agencies. A bond must be rated by two or more rating agencies to receive a composite rating; otherwise it is classified as Not Rated.

3-YR Risk Measures*
as of 06/30/21

  • Beta vs. S&P 500 Index

    0.11

  • Correlation vs. S&P 500 Index

    0.46

  • Volatility (Standard Deviation)

    4.35

  • Sharpe Ratio

    0.54

Source: VanEck , FactSet

*Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the ETF performance and the index performance. Volatility is the annualized standard deviation of the ETF's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the ETF's return less the risk free rate divided by the standard deviation. See S&P 500 Index definition.6

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

  • Sector

    % of Net Assets
  • ■

    Financials

    42.3
  • ■

    Utilities

    19.7
  • ■

    Real Estate

    8.4
  • ■

    Industrials

    5.2
  • ■

    Government Activity

    4.4
  • ■

    Technology

    3.9
  • ■

    Basic Materials

    3.3
  • ■

    Energy

    1.7
  • ■

    Government

    1.4
  • ■

    Consumer Cyclicals

    1.2
  • ■

    Consumer Non-Cyclicals

    0.7
  • ■

    Healthcare

    0.5
  • ■

    Academic & Educational Services

    0.2
  • ■

    Other/Cash

    7.0

Maturity (%) as of 06/30/21

 Average Portfolio Maturity: 7.67 Years