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FRAK
VanEck Vectors Unconventional Oil & Gas ETF

Fund Description

VanEck Vectors® Unconventional Oil & Gas ETF (FRAK®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Unconventional Oil & Gas Index (MVFRAKTR), which is intended to track the overall performance of companies involved in the exploration, development, extraction, and/or production of unconventional oil and natural gas. Unconventional oil and gas includes coal bed methane, coal seam gas, shale oil, shale gas, tight natural gas, tight oil, tight sands, in situ oil sands, and enhanced oil recovery.

 
 

  • Fund Ticker

    FRAK
  • Exchange

    NYSE Arca
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MVFRAKTR
  • Index Rebalancing

    Quarterly

 
as of 05/06/21

  • 30-Day SEC Yield1

    0.85%
  • Total Net Assets

    $17.0M
  • Number of Holdings

    29
  • Options

    Available
  • Gross Expense Ratio2

    1.90%
  • Net Expense Ratio/TER2

    0.54%
  • Distribution Frequency

    Annual

Key Points

  • One-Trade Access to the Unconventional Oil and Gas Industry
    An industry that has experienced rapid growth and transformative technology advancements

  • Pure Play with Global Scope
    Companies must derive at least 50% of total revenues from the unconventional oil and gas industry to be added to the Index

  • Convenient Customization 
    Customize overall commodity exposure with targeted allocation to unconventional oil and gas companies

Trading Information

  • Fund Ticker

    FRAK
  • Index Total Return Ticker

    MVFRAKTR
  • NAV

    FRAKNV
  • Intraday NAV (IIV)4

    FRAKIV
  • Shares Outstanding

    145,000
  • Estimated Cash

    FRAKEU
  • Total Cash

    FRAKTC
  • CUSIP

    92189H706
  • ISIN

    US92189H7061
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    1.40%
  • Gross Expense Ratio

    1.90%
  • Fee Waivers and
    Expense Reimbursement

    -1.36%
  • Net Expense Ratio/TER2

    0.54%
2Expenses for FRAK are capped contractually at 0.54% until May 1, 2022. Cap excludes acquired fund fees and expenses, interest expense, 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 05/06/21

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
FRAK $117.26
$117.25
687
1,717
-$0.02 / -0.02%
$-0.11 / -0.10%
+53.40%
+53.29%
$-0.01
-0.01%
0.72%

Premium/Discount History as of 05/06/21

Calendar Year 2020 2Q 2020 3Q 2020 4Q 2020 1Q 2021 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 98 33 23 21 28
FRAK Days closed at NAV 5 1 3 1 1
Days closed at a discount 150 29 38 42 32


Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
02/14/12
FRAK (NAV) 4.00 41.62 41.62 168.06 -8.75 -4.18 -- -7.71
FRAK (Share Price) 3.95 42.07 42.07 167.35 -8.58 -4.12 -- -7.67
MVFRAKTR (Index) 4.00 41.60 41.60 167.02 -8.81 -4.08 -- -7.62
Performance Differential (NAV - Index) 0.00 0.02 0.02 1.04 0.06 -0.10 -- -0.09
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
02/14/12
FRAK (NAV) 4.00 41.62 41.62 168.06 -8.75 -4.18 -- -7.71
FRAK (Share Price) 3.95 42.07 42.07 167.35 -8.58 -4.12 -- -7.67
MVFRAKTR (Index) 4.00 41.60 41.60 167.02 -8.81 -4.08 -- -7.62
Performance Differential (NAV - Index) 0.00 0.02 0.02 1.04 0.06 -0.10 -- -0.09

Top 10 Holdings (%) as of 03/31/21 Daily Holdings

Total Holdings: 30
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to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
PIONEER NATURAL RESOURCES CO
PXD US
8,516
1,352,511 8.62
CONOCOPHILLIPS
COP US
22,716
1,203,267 7.67
EOG RESOURCES INC
EOG US
15,725
1,140,534 7.27
OCCIDENTAL PETROLEUM CORP
OXY US
37,354
994,363 6.33
HESS CORP
HES US
13,129
929,008 5.92
DEVON ENERGY CORP
DVN US
42,358
925,522 5.90
CENOVUS ENERGY INC
CVE US
101,519
763,423 4.86
DIAMONDBACK ENERGY INC
FANG US
9,381
689,410 4.39
CIMAREX ENERGY CO
XEC US
11,331
672,948 4.29
MARATHON OIL CORP
MRO US
62,318
665,556 4.24
Top 10 Total (%) 59.49
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 03/31/21

  • Country

    % of Net Assets
  • United States

    83.09
  • Canada

    16.98
  • Other/Cash

    -0.07

Sector Weightings (%) as of 03/31/21

  • Sector

    % of Net Assets
  • Oil & Gas Exploration & Production

    86.2
  • Integrated Oil & Gas

    11.2
  • Gas Utilities

    2.7
  • Other/Cash

    -0.1