Vaneck Vectors Etf Profile
| GMET Etf | USD 23.68 0.20 0.85% |
Performance5 of 100
| Odds Of DistressOver 60
|
VanEck Vectors is selling for under 23.68 as of the 30th of November 2024; that is 0.85 percent increase since the beginning of the trading day. The etf's last reported lowest price was 23.46. VanEck Vectors has more than 60 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for VanEck Vectors ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities of Green Metals Companies. Vaneck Green is traded on NYSEARCA Exchange in the United States. The company has 40.51 M outstanding shares of which 204.78 K shares are currently shorted by private and institutional investors with about 9.67 trading days to cover. More on VanEck Vectors ETF
Moving together with VanEck Etf
VanEck Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Materials ETFs, Natural Resources, VanEck, Conglomerates, Industrials (View all Sectors) |
| Issuer | Van Eck |
| Inception Date | 2021-11-09 |
| Benchmark | MVISGlobal Clean-Tech Metals Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 19.98 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Materials |
| 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 | Peter H. Liao, Guo Hua Jason Jin |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 60.0 |
| Market Maker | Flow Traders |
| Total Expense | 0.66 |
| Management Fee | 0.59 |
| Country Name | USA |
| Returns Y T D | (2.67) |
| Name | VanEck Vectors ETF Trust - VanEck Green Metals ETF |
| Currency Code | USD |
| Open Figi | BBG013DQG7Q9 |
| 1y Volatility | 26.59 |
| 200 Day M A | 24.3079 |
| 50 Day M A | 24.6872 |
| Code | GMET |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
VanEck Vectors ETF [GMET] is traded in USA and was established 2021-11-09. The fund is listed under Natural Resources category and is part of VanEck family. The entity is thematically classified as Sector ETFs. VanEck Vectors ETF currently have 19.64 M in assets under management (AUM). , while the total return for the last 3 years was -10.5%.
VanEck Vectors ETF currently holds about 18.63 M in cash with (5.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.46.
Check VanEck Vectors 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 Vectors 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 Vectors ETF Currency Exposure
VanEck Vectors 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 Vectors 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 Vectors ETF.
Top VanEck Vectors ETF Etf Constituents
| ANTO | Antofagasta PLC | Stock | Materials | |
| 000408 | Zangge Holding Co | Stock | Industrials | |
| NDA | Aurubis AG | Stock | Copper | |
| LAAC | Lithium Americas Corp | Stock | Other Industrial Metals & Mining | |
| SQM | Sociedad Quimica y | Stock | Materials | |
| SBSW | Sibanye Gold Ltd | Stock | Materials | |
| 601168 | Western Mining Co | Stock | Materials | |
| 7WO0 | ARCADIUM LITHIUM PLC | Stock | DE Stock |
VanEck Vectors 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 Vectors. 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 | 0.0312 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.03) |
VanEck Vectors Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Vectors 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 income. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of VanEck Vectors 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 Vectors' value that differs from its market value or its book value, called intrinsic value, which is VanEck Vectors' 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 Vectors' market value can be influenced by many factors that don't directly affect VanEck Vectors' 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 Vectors' value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Vectors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Vectors' 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.