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THHY VanEck Vectors Treasury-Hedged High Yield Bond ETF

  • Fund Description

    The VanEck Vectors Treasury-Hedged High Yield Bond ETF (THHY®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS U.S. Treasury-Hedged High Yield Bond Index (MVTHHY) , which was designed to provide exposure to below investment grade corporate bonds, denominated in U.S. dollars.

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    • Fund Ticker

      THHY
    • Exchange

      NYSE Arca
    • Commencement

      03/21/2013
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVTHHY
    • Index Rebalancing

      Monthly
  •  
    as of 08/26/16

    • 30-Day SEC Yield1

      4.84%
    • Total Net Assets

      $4.6M
    • Number of Holdings

      122
    • Options

      Expected
    • Gross Expense Ratio2

      1.44%
    • Net Expense Ratio/TER2

      0.50%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      08/31/2016
  • Credit Quality (%) as of 07/31/16

    Composite % of Net Assets
    Non-Investment Grade BB 61.66
    B 28.94
    CCC 8.08
    Total Non-Investment Grade -- 98.68
    Not Rated -- 1.14
    Composite Rating: An evenly weighted blend of a security's Moody's, S&P, Fitch and DBRS ratings. Not Rated indicates that a security is rated by fewer than two of the four rating agencies. This composite is not intended to be a credit opinion. The credit breakdown presented above includes only the aggregate of the long positions.
  • 3-YR Risk Measures*
    as of 07/31/16

    • Beta vs. S&P 500 Index

      0.42
    • Correlation vs. S&P 500 Index

      0.77
    • Volatility (Standard Deviation)

      6.02
    • Sharpe Ratio

      0.20

    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 07/31/16

    • Sector

      % of Net Assets
    • Communications

      25.4
    • Financial

      17.5
    • Consumer, Non-cyclical

      17.2
    • Energy

      11.4
    • Consumer, Cyclical

      9.7
    • Utilities

      5.3
    • Basic Materials

      4.9
    • Industrial

      4.1
    • Technology

      4.0
    • Other/Cash

      0.4