Vaneck Gaming Etf Profile
| BJK Etf | USD 44.49 0.12 0.27% |
Performance10 of 100
| Odds Of DistressLess than 9
|
VanEck Gaming is selling for 44.49 as of the 28th of November 2024. This is a 0.27 percent increase since the beginning of the trading day. The etf's last reported lowest price was 44.38. VanEck Gaming has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for VanEck Gaming ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Gaming is traded on NYSEARCA Exchange in the United States. More on VanEck Gaming ETF
Moving together with VanEck Etf
| 0.64 | XLY | Consumer Discretionary | PairCorr |
| 0.63 | VCR | Vanguard Consumer | PairCorr |
| 0.62 | FDIS | Fidelity MSCI Consumer | PairCorr |
| 0.61 | XHB | SPDR SP Homebuilders | PairCorr |
| 0.62 | IYC | iShares Consumer Dis | PairCorr |
Moving against VanEck Etf
VanEck Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | MKT VECTORS GAMING |
| Business Concentration | Sector ETFs, Consumer Discretionary ETFs, Consumer Cyclical, VanEck (View all Sectors) |
| Issuer | Van Eck |
| Inception Date | 2008-01-22 |
| Benchmark | Market Vectors Global Gaming Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 34.39 Million |
| Average Trading Valume | 2,381.5 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Consumer Discretionary |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Van Eck Associates Corporation |
| Advisor | Van Eck Associates Corporation |
| Custodian | State Street Bank and Trust Company |
| Distributor | Van Eck Securities Corporation |
| Portfolio Manager | Hao-Hung Peter Liao, Guo Hua Jason Jin |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Apr |
| Exchange | NASDAQ |
| Number of Constituents | 35.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.74 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 4.89 |
| Name | VanEck Gaming ETF |
| Currency Code | USD |
| Open Figi | BBG000V86Z03 |
| In Threey Volatility | 23.12 |
| 1y Volatility | 17.19 |
| 200 Day M A | 41.8266 |
| 50 Day M A | 43.7356 |
| Code | BJK |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
VanEck Gaming ETF [BJK] is traded in USA and was established 2008-01-22. The fund is classified under Consumer Cyclical category within VanEck family. The entity is thematically classified as Sector ETFs. VanEck Gaming ETF currently have 60.56 M in assets under management (AUM). , while the total return for the last 3 years was 1.6%.
Check VanEck Gaming Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on VanEck Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VanEck Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as VanEck Gaming ETF Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
VanEck Gaming ETF Currency Exposure
VanEck Gaming ETF holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of VanEck Gaming will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in VanEck Gaming ETF.
Top VanEck Gaming ETF Etf Constituents
| SCHYF | Sands China | Pink Sheet | Resorts & Casinos | |
| MLCO | Melco Resorts Entertainment | Stock | Consumer Discretionary | |
| CZR | Caesars Entertainment | Stock | Consumer Discretionary | |
| DKNG | DraftKings | Stock | Consumer Discretionary | |
| EVO | Evotec SE ADR | Stock | Health Care | |
| GLPI | Gaming Leisure Properties | Stock | Real Estate | |
| LVS | Las Vegas Sands | Stock | Consumer Discretionary | |
| MGM | MGM Resorts International | Stock | Consumer Discretionary |
VanEck Gaming ETF Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck Gaming. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0881 | |||
| Jensen Alpha | 0.0288 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.01) |
VanEck Gaming Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck Gaming ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of VanEck Gaming ETF is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Gaming's value that differs from its market value or its book value, called intrinsic value, which is VanEck Gaming's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Gaming's market value can be influenced by many factors that don't directly affect VanEck Gaming's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Gaming's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.