RAAXVanEck Inflation Allocation ETF
Fund Description
VanEck Inflation Allocation ETF (the "Fund") seeks long-term total return. In pursuing long-term total return, the Fund seeks to maximize real returns while seeking to reduce downside risk during sustained market declines. The Fund primarily allocates to exchange-traded products that provide exposure to inflation fighting real assets including resource assets: commodities, natural resource equities; income assets: REITs, Infrastructure, MLPs; and financial assets: gold, bitcoin.
-
Fund Ticker
RAAX -
Exchange
NYSE Arca -
Administrator
Van Eck Absolute Return Advisers Corporation -
Inception Date
04/09/2018
as of 07/01/22
-
Total Net Assets
$154.8M -
Number of Holdings
19 -
Options
No -
Gross Expense Ratio2
1.78% -
Net Expense Ratio/TER2
0.74% -
Distribution Frequency
Annual -
Next Distribution Date
12/27/2022
Key Points
- Exposure to key inflation fighting assets
- Adapts to a wide variety of inflationary regimes
- Responds to changing risk environment
- No K-1s – Access to real assets without burdensome K-1 tax reporting
Trading Information
-
Fund Ticker
RAAX -
NAV
RAAXNV -
Intraday NAV (IIV)4
RAAXIV -
Shares Outstanding
6,250,000 -
Estimated Cash
RAAXEU -
Total Cash
RAAXTC -
CUSIP
92189F130 -
ISIN
US92189F1306
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
1.10% -
Acquired Fund Fees and Expenses
0.18% -
Gross Expense Ratio
1.78% -
Fee Waivers and
-1.04%
Expense Reimbursement -
Net Expense Ratio/TER2
0.74%
2Expenses for RAAX are capped contractually at 0.55% until February 1, 2023. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.
Investment Professionals
David Schassler
- Portfolio Manager for Inflation Allocation Strategy and Municipal Allocation Strategy; Head of the VanEck Quantitative Investment Solutions (QIS) Team
- Joined VanEck in 2012
- Prior to VanEck, Director and Portfolio Manager within the UBS Portfolio Strategy Group
- Previously, sales and client relationship roles at Oppenheimer & Co. and Georgeson, Inc.
- MBA, Finance, New York University
- BS, Business Economics, State University of New York College at Cortland
John Lau
- Deputy Portfolio Manager for Inflation Allocation Strategy and Municipal Allocation Strategy
- Joined VanEck in 2007
- Prior to his current role, served as Settlements Supervisor and Administrator at VanEck
- BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 04/09/18 |
|
---|---|---|---|---|---|---|---|---|
RAAX (NAV) | 1.56 | 5.69 | 10.97 | 16.49 | 10.43 | -- | -- | 6.48 |
RAAX (Share Price) | 1.80 | 6.14 | 11.49 | 17.06 | 10.59 | -- | -- | 6.62 |
Bloomberg Commodity Index | 1.52 | 14.87 | 32.74 | 41.85 | 19.82 | -- | -- | 11.30 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 04/09/18 |
|
---|---|---|---|---|---|---|---|---|
RAAX (NAV) | 7.47 | 12.84 | 12.84 | 26.71 | 9.41 | -- | -- | 7.21 |
RAAX (Share Price) | 7.91 | 13.35 | 13.35 | 27.29 | 9.56 | -- | -- | 7.35 |
Bloomberg Commodity Index | 8.65 | 25.55 | 25.55 | 49.25 | 16.12 | -- | -- | 10.25 |
All Holdings (%) as of 06/30/22 Download All Fund Holdings »
Ticker
|
Holding Name |
% of Net Assets |
Identifier (FIGI)
|
Shares
|
Asset Class |
Market Value (US$) |
---|---|---|---|---|---|---|
PDBC US |
Invesco Optimum Yield Diversified Commo | 24.21 |
BBG007HL81C5 |
2,065,094 |
Stock | 37,254,296 |
OUNZ US |
VanEck Merk Gold Shares | 17.23 |
BBG002WYN8V8 |
1,511,834 |
Stock | 26,502,450 |
IGF US |
iShares Global Infrastructure ETF | 10.95 |
BBG000T1GGF6 |
360,222 |
Stock | 16,840,379 |
VNQ US |
Vanguard Real Estate ETF | 7.76 |
BBG000Q89NG6 |
131,076 |
Stock | 11,942,334 |
EINC US |
VanEck Energy Income ETF | 5.69 |
BBG002QM2M43 |
152,011 |
Stock | 8,760,668 |
XLE US |
Energy Select Sector SPDR Fund | 5.10 |
BBG000BJ20S2 |
109,777 |
Stock | 7,850,153 |
GDX US |
VanEck Gold Miners ETF/Usa | 4.46 |
BBG000PLNQN7 |
250,702 |
Stock | 6,864,221 |
XOP US |
SPDR S&P Oil & Gas Exploration & Produc | 4.43 |
BBG000BGB482 |
56,987 |
Stock | 6,808,807 |
MOO US |
VanEck Agribusiness ETF | 4.07 |
BBG000KJ4073 |
72,481 |
Stock | 6,268,157 |
OIH US |
VanEck Oil Services ETF | 3.03 |
BBG000D02J82 |
20,043 |
Stock | 4,662,002 |
SLX US |
VanEck Steel ETF | 2.56 |
BBG000Q54VZ8 |
79,771 |
Stock | 3,946,271 |
PAVE US |
Global X Us Infrastructure Development | 2.25 |
BBG00G5CR8N0 |
152,051 |
Stock | 3,462,201 |
PICK US |
iShares Msci Global Metals & Mining Pro | 2.19 |
BBG002GKR8T5 |
94,509 |
Stock | 3,366,411 |
REMX US |
VanEck Rare Earth And Strategic Metals | 1.96 |
BBG0018555F4 |
34,679 |
Stock | 3,010,137 |
GDXJ US |
VanEck Junior Gold Miners ETF | 1.78 |
BBG000PTYMS2 |
85,756 |
Stock | 2,744,192 |
NURE US |
Nuveen Short-Term Reit ETF | 1.02 |
BBG00FJ5J003 |
48,755 |
Stock | 1,569,389 |
IAUF US |
iShares Gold Strategy ETF | 0.84 |
BBG00L3F2M50 |
23,417 |
Stock | 1,286,221 |
GLDM US |
SPDR Gold MiniShares Trust | 0.14 |
BBG00L8YYP89 |
5,993 |
Stock | 215,029 |
IAU US |
iShares Gold Trust | 0.14 |
BBG000QLKDR4 |
6,254 |
Stock | 214,575 |
-- |
Other/Cash | 0.19 |
-- |
0 |
Cash | 285,671 |