FRAK — VanEck Vectors Unconventional Oil & Gas ETF
Data updated: 2021-11-22
FRAK — VanEck Vectors Unconventional Oil & Gas ETF. Global (incl. US) Blend / Core Energy Equity · $17.05M AUM. Holdings, fees, performance and SEC filings.
FRAK Fund Overview
FRAK — VanEck Vectors Unconventional Oil & Gas ETF is a US ETF managed by VanEck ETF Trust, categorised as Global (incl. US) Blend / Core Energy Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: VanEck ETF Trust
- Category: Global (incl. US) Blend / Core Energy Equity
- Assets under management: $17.05M
- 1-year return: 160.5%
- Ticker: FRAK
- SEC CIK: 0001137360
- SEC series ID: S000034990
- Share class ID: C000107598
FRAK Investment Objective and Strategy
VanEck Vectors Unconventional Oil & Gas ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by VanEck ETF Trust.
Investment objective
VanEck Vectors Unconventional Oil & Gas ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Unconventional Oil & Gas Index (the Oil & Gas Index).
Principal investment strategy
The Fund normally invests at least 80% of its total assets in securities that comprise the Funds benchmark index. The Oil & Gas Index includes securities of companies involved in the exploration, development, extraction and/or production of unconventional oil and natural gas. The Oil & Gas Index contains companies that generate at least 50% of their revenues from unconventional oil and gas or that have properties with the potential to generate at least 50% of their revenues from unconventional oil and gas. Such companies may include medium-capitalization companies and foreign issuers. Unconventional oil and natural gas includes coal bed methane, coal seam gas, shale oil, shale gas, tight natural gas, tight oil, tight sands, in situ oil sands and enhanced oil recovery (EOR). Unconventional oil and natural gas sources may be geographically extensive or deeply embedded in underground rock formations and are difficult to extract profitably without the use of new or developing technologies.
Developing technologies include, among others, hydraulic fracturing (process of creating or expanding cracks in underground rock formations by pumping a high pressure mixture of water, sand and/or other additives into them) and horizontal drilling (method of drilling a well to reach a reservoir that is not directly beneath the drilling site). As of December 31, 2017, the Oil & Gas Index included 47 securities of companies with a market capitalization range of between approximately $1.7 billion and $62.4 billion and a weighted average market capitalization of $21.6 billion. The Funds 80% investment policy is non-fundamental and may be changed without shareholder approval upon 60 days prior written notice to shareholders. The Fund, using a passive or indexing investment approach, attempts before fees and expenses to approximate the investment performance of the Oil & Gas Index by investing in a portfolio of securities that generally replicates the Oil & Gas Index.
Unlike many investment companies that try to beat the performance of a benchmark index, the Fund does not try to beat the Oil & Gas Index and does not seek temporary defensive positions when markets decline or appear overvalued. Indexing may eliminate the chance that the Fund will substantially outperform the Oil & Gas Index but also may reduce some of the risks of active management, such as poor security selection. The Fund is classified as a non-diversified fund under the Investment Company Act of 1940, as amended (the 1940 Act), and, therefore, may invest a greater percentage of its assets in a particular issuer. The Fund will concentrate its investments in a particular industry or group of industries to the extent that the Oil & Gas Index concentrates in an industry or group of industries.
As of December 31, 2017, the Fund was concentrated in oil and gas companies.
FRAK Performance
Total returns for FRAK (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 160.5% |
| 3 years (annualised) | 9.5% |
FRAK Risk Information
Risk metrics for FRAK, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 44.5%
FRAK Costs and Fees
FRAK costs about $54 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.54%
- Gross expense ratio: 1.90%
- Portfolio turnover: 24%
- Brokerage commissions: 3.34 bps of average net assets (SEC N-CEN)
FRAK Cashflows
Over the 12 months to 2021-09, VanEck Vectors Unconventional Oil & Gas ETF had net outflows of $2.95M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-09 | $0 |
| 2021-08 | −$2.95M |
| 2021-07 | $0 |
| 2021-06 | $0 |
| 2021-05 | $0 |
| 2021-04 | $0 |
FRAK Debt Constituents
No individual debt constituents are reported in VanEck Vectors Unconventional Oil & Gas ETF's latest SEC N-PORT filing.
FRAK Prospectus and SEC Filings
Official VanEck Vectors Unconventional Oil & Gas ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-04-28
- Prospectus (485BPOS) — filed 2020-05-12
- Prospectus (485BPOS) — filed 2019-05-09
- Portfolio holdings (N-PORT) — filed 2021-11-22
- Portfolio holdings (N-PORT) — filed 2021-08-27
- Portfolio holdings (N-PORT) — filed 2021-05-28
- Annual census (N-CEN) — filed 2021-03-12
- Annual census (N-CEN) — filed 2020-03-16
Related Funds
Related funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.