Skip directly to Accessibility Notice

MIG
VanEck Moody’s Analytics IG Corporate Bond ETF

Fund Description

VanEck Moody’s Analytics® IG Corporate Bond ETF seeks to track, as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Moody’s Analytics® US Investment Grade Corporate Bond Index, which includes investment grade corporate bonds that have attractive valuations and a lower probability of being downgraded to high yield compared to other investment grade bonds.

 
 

  • Fund Ticker

    MIG
  • Exchange

    Cboe
  • Inception Date

    12/01/2020
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Index Ticker

    MVCI
  • Index Rebalancing

    Monthly
  • 2022 Preliminary NAIC Designation7

    2.B

 
as of 09/29/22

  • 30-Day SEC Yield1

    5.45%
  • Total Net Assets

    $12.0M
  • Number of Holdings

    210
  • Options

    No
  • Gross Expense Ratio2

    0.20%
  • Net Expense Ratio/TER2

    0.20%
  • Distribution Frequency

    Monthly
  • Next Distribution Date

    09/30/2022
Click here to read the Recommended Insights - Whitepaper: Uncover Hidden Value in Credit
Click here to read the Recommended Insights - Whitepaper: Uncover Hidden Value in Credit

Country Weightings (%) as of 08/31/22

  • Country

    % of Net Assets
  • United States

    60.16
  • United Kingdom

    9.51
  • Canada

    8.71
  • France

    6.92
  • Saudi Arabia

    3.12
  • Switzerland

    1.67
  • Netherlands

    1.65
  • Italy

    1.61
  • Japan

    1.12
  • Denmark

    1.06
  • Mexico

    1.06
  • Germany

    0.83
  • Brazil

    0.80
  • India

    0.79
  • Taiwan Region

    0.36
  • China

    0.29
  • Other/Cash

    0.34

Portfolio Composition (%)
as of 08/31/22

  • % of Net Assets
  • Stocks

    0.00
  • Bonds

    99.66
  • Other

    0.00
  • Cash

    0.34

Currency Exposure (%)
as of 08/31/22

  • U.S. Dollar

    99.66
  • Other/Cash

    0.34

Credit Quality (%) as of 08/31/22

Composite % of Net Assets
Investment Grade AAA 0.98
AA 9.64
A 18.02
BBB 60.67
Non-Investment Grade BB 10.68
Total Investment Grade -- 89.32
Total Non-Investment Grade -- 10.68

3-YR Risk Measures*
as of 08/31/22

  • Beta vs. S&P 500 Index

    --
  • Correlation vs. S&P 500 Index

    --
  • Volatility (Standard Deviation)

    --
  • Sharpe Ratio

    --

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

Maturity (%) as of 08/31/22

Average Portfolio Maturity: 10.24 Years

Sector Weightings (%) as of 08/31/22

  • Sector

    % of Net Assets
  • Financials

    35.0
  • Technology

    17.4
  • Consumer Non-Cyclicals

    12.5
  • Consumer Cyclicals

    10.8
  • Energy

    10.2
  • Healthcare

    5.7
  • Real Estate

    2.7
  • Basic Materials

    2.7
  • Industrials

    1.6
  • Utilities

    1.1
  • Other/Cash

    0.3