VanEck Retail ETF Amasses $265.9M AUM with 0.35% Fee and 50.8% Discretionary Allocation
VanEck Retail ETF holds $265.93 million in assets and charges an annual 0.35% fee while allocating 50.8% to consumer discretionary names led by Amazon’s 20.45%, Walmart and Costco. The fund has gained 5.76% year-to-date and 9.13% over the past year with a beta of 0.90 and 13.53% standard deviation.
1. ETF Overview
VanEck Retail ETF launched on December 20, 2011 to match the MVIS US Listed Retail 25 Index, covering wholesalers, online, direct mail and specialty retailers across the consumer discretionary retail segment.
2. Cost and Sector Allocations
The fund holds $265.93 million in assets under management and charges a 0.35% annual operating expense. Its portfolio allocates 50.8% to consumer discretionary, with consumer staples and healthcare rounding out the top three sectors, and the top 10 stocks represent 71.05% of total assets.
3. Performance and Risk Metrics
Year-to-date, the fund has gained 5.76% and is up 9.13% over the past 12 months. It has traded between $208.91 and $266.51 over the last 52 weeks and carries a beta of 0.90 with a 13.53% standard deviation over three years.
4. Alternatives and Rankings
The ETF holds a Zacks ETF Rank of 2 (Buy) based on expected returns, expense ratio and momentum. Comparable funds include Amplify Online Retail ETF with $124.47 million AUM and a 0.65% fee, and State Street SPDR S&P Retail ETF with $691.72 million AUM and a 0.35% fee.