IHY Fees and Costs — VanEck International High Yield Bond ETF
Data updated: 2026-08-26
The net expense ratio is 0.40%. There are no sales loads or redemption fees. Portfolio turnover was 36%.
IHY Fees and Expenses
Annual operating expenses and sales charges of IHY. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.40% |
| Fee waiver | — |
| Net expense ratio | 0.40% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
IHY Costs Over Time
On $10,000 invested in IHY, assuming 5% a year before costs, total costs come to $253 over 5 years, cutting the return by 0.42% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.40%) | $42 | $132 | $230 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $42 | $138 | $253 |
| Value after costs | $10,458 | $11,438 | $12,510 |
| Impact on return, per year | 0.42% | 0.42% | 0.42% |
IHY Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $53.9M
- Portfolio turnover (prospectus): 36%
- Securities on loan, average value: $884K
- Net income from securities lending: $8K (0.023% of average net assets)
IHY Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jane Street Capital, LLC | $29.0M | 61.81% |
| BNP Paribas Securities Corp. | $4.2M | 8.91% |
| J.P. Morgan Securities LLC | $2.7M | 5.86% |
| BofA Securities, Inc. | $2.7M | 5.74% |
| BNY Capital Markets, LLC | $1.9M | 4.02% |
| Goldman Sachs & Co. LLC | $1.7M | 3.72% |
| Jefferies LLC | $1.4M | 2.93% |
| Citigroup Global Markets Inc. | $1.2M | 2.48% |
| Morgan Stanley & Co. LLC | $1.1M | 2.32% |
| UBS Securities LLC | $1.0M | 2.22% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.