VanEck Vectors Unconventional Oil & Gas ETF
ALTAR
Score™
1.5% info Recommen-
dation
AVOID
2020E    2021E
P/E
ratio
-14.3x P/Sales
ratio
1.5x
P/BV
ratio
0.8x Div.
yield
2.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
VanEck Vectors Unconventional Oil & Gas ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the VanEck Vectors Unconventional Oil & Gas Index.

FUND BASICS
Category US Equities
Fund Sponsor Van Eck Associates Corp
Website www.vaneck.com
Inception date Feb 14, 2012
Assets (mns) $10
Currency USD
Expense ratio 54 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 34
Wgt avg mkt cap (mns) $11,496
Large cap (>$10bn) 40.9%
Mid cap ($2-10bn) 51.1%
Small cap (<$2bn) 8.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
PIONEER NATURAL RESOURCES CO 7.5 %
EOG RESOURCES INC 7.4 %
CONOCOPHILLIPS 7.1 %
HESS CORP 6.3 %
CABOT OIL & GAS CORP 5.9 %
OCCIDENTAL PETROLEUM CORP 5.1 %
CONCHO RESOURCES INC 4.4 %
CENOVUS ENERGY INC. 4.2 %
DEVON ENERGY CORPORATION 3.8 %
PARSLEY ENERGY INC-CLASS A 3.6 %
Total 55.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 82.9 %
CANADA 15.8 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-41.6% -41.5% -16.9% -- -14.1%

Market Correlations
versus... Beta R-squared
S&P500 2.48 64%
MSCI EAFE 2.71 64%
MSCI Emg. Mkts. 2.01 58%

Technical Indicators
Recent close $71.03
30d moving avg. $66.66
Annualized volatility 53.4%
Short interest (ETF) 1.4%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 2
Turnover 1.4%
Bid/Ask (% of price) 0.95%
ADV underlying (mns) $2,580

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the VanEck Vectors Unconventional Oil & Gas ETF ETF based on the alternatives' overlap in portfolio holdings with FRAK. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FRAK Expense: 54 bp ALTAR Score™: 1.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FRAK
Ticker Fund
Name
Overlap1
vs FRAK
(%)
Expense
ratio
(bp)
Savings
vs FRAK
(bp)
ALTAR
Score™
(%)
ALTAR
vs FRAK
(%)
FCG First Trust Natural Gas ETF 61.0 60 -6 3.6 +2.2
XOP SPDR S&P Oil & Gas Exploration & Production ETF 58.3 35 19 3.3 +1.8
IEO iShares U.S. Oil & Gas Exploration & Production ETF 55.0 42 12 3.4 +1.9
PXE Invesco Dynamic Energy Exploration & Production ETF 51.7 63 -9 0.9 -0.6
RYE Invesco S&P 500 Equal Weight Energy ETF 43.9 40 14 3.6 +2.1
JHME John Hancock Multifactor Energy ETF 41.8 40 14 3.7 +2.2
FXN First Trust Energy AlphaDEX Fund 38.7 65 -11 2.5 +1.0
PXI Invesco DWA Energy Momentum ETF 30.6 60 -6 0.5 -1.0
FTXN First Trust Nasdaq Oil & Gas ETF 27.2 60 -6 3.1 +1.6
FENY Fidelity MSCI Energy Index ETF 23.4 8 46 4.2 +2.7
IYE iShares U.S. Energy ETF 23.2 42 12 4.0 +2.5
XLE Energy Select Sector SPDR Fund 22.8 13 41 4.5 +3.1
VDE Vanguard Energy Index Fund 21.6 10 44 3.9 +2.4
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF 18.0 75 -21 3.1 +1.6
VSL Volshares Large Capital ETF 17.7 65 -11 2.7 +1.2
PMOM Principal Sustainable Momentum Index ETF 16.0 29 25 8.3 +6.8
NANR SPDR S&P North American Natural Resources ETF 15.8 35 19 3.4 +1.9
IGE iShares North American Natural Resources ETF 14.7 46 8 4.0 +2.5
FILL iShares MSCI Global Energy Producers ETF 14.1 39 15 6.3 +4.8
IXC iShares Global Energy ETF 11.4 46 8 5.9 +4.4
EQRR ProShares Equities for Rising Rates ETF 11.2 35 19 6.6 +5.1
PVAL Principal Contrarian Value Index ETF 8.8 29 25 9.3 +7.8
FTRI First Trust Indxx Global Natural Resources Income ETF 8.6 70 -16 8.8 +7.3
SPHB Invesco S&P 500 High Beta ETF 8.4 25 29 8.7 +7.2
FOVL iShares Focused Value Factor ETF 7.1 25 29 9.7 +8.3
MAGA Point Bridge GOP Stock Tracker ETF 6.5 72 -18 6.1 +4.6
AVUV Avantis U.S. Small Cap Value ETF 6.0 25 29 8.0 +6.5
QDIV Global X S&P 500 Quality Dividend ETF 5.2 20 34 7.3 +5.8
JKL iShares Morningstar Small Cap Value ETF 4.9 30 24 9.6 +8.2
EQAL Invesco Russell 1000 Equal Weight ETF 4.9 20 34 5.4 +3.9
SLT Salt TruBeta High Exposure ETF 4.7 29 25 8.7 +7.2
FTA First Trust Large Cap Value AlphaDEX Fund 4.6 60 -6 8.9 +7.4
VAMO Cambria Value & Momentum ETF 4.2 64 -10 6.3 +4.8
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 4.1 29 25 9.0 +7.6
ONEY SPDR Russell 1000 Yield Focus ETF 4.1 20 34 8.8 +7.3
RVRS Reverse Cap Weighted U.S. Large Cap ETF 3.7 29 25 7.6 +6.1
FAB First Trust Multi Cap Value AlphaDEX Fund 3.6 71 -17 9.4 +7.9
RFV Invesco S&P Midcap 400 Pure Value ETF 3.6 35 19 9.4 +7.9
GUNR Flexshares Morningstar Global Upstream Natural Resources 3.6 46 8 5.5 +4.0
PSCE Invesco S&P SmallCap Energy ETF 3.5 29 25 -2.4 -3.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 3.5 24 30 5.9 +4.4
RPV Invesco S&P 500 Pure Value ETF 3.4 35 19 10.5 +9.0
RYJ Invesco Raymond James SB-1 Equity ETF 3.3 82 -28 3.8 +2.4
FNK First Trust Mid Cap Value AlphaDEX Fund 3.2 70 -16 10.3 +8.9
CVY Invesco Zacks Multi-Asset Income ETF 3.2 97 -43 10.9 +9.4
EES WisdomTree SmallCap Earnings Fund 3.2 38 16 10.1 +8.6
PUI Invesco DWA Utilities Momentum ETF 2.9 60 -6 4.7 +3.2
VUSE Vident Core US Equity Fund 2.8 48 6 8.4 +7.0
BLES Inspire Global Hope Large Cap ETF 2.6 52 2 6.4 +4.9
DON WisdomTree U.S. MidCap Dividend Fund 2.6 38 16 7.3 +5.9
JPUS JPMorgan Diversified Return U.S. Equity ETF 2.6 18 36 5.9 +4.5
HAP VanEck Vectors Natural Resources ETF 2.5 50 4 5.9 +4.4
JDIV JPMorgan U.S. Dividend ETF 2.5 12 42 7.5 +6.0
FYLD Cambria Foreign Shareholder Yield ETF 2.5 59 -5 6.7 +5.3
EZM WisdomTree U.S. MidCap Earnings Fund 2.5 38 16 8.6 +7.1
FXU First Trust Utilities AlphaDEX Fund 2.4 63 -9 5.9 +4.4
STLV iShares Factors US Value Style ETF 2.4 25 29 6.7 +5.3
TPYP Tortoise North American Pipeline Fund 2.4 40 14 5.6 +4.1
FEX First Trust Large Cap Core AlphaDEX Fund 2.3 60 -6 5.8 +4.3
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 2.3 20 34 8.9 +7.4
IUS Invesco Strategic US ETF 2.2 19 35 6.2 +4.7
USMF WisdomTree U.S. Multifactor Fund 2.2 28 26 5.3 +3.8
RSP Invesco S&P 500 Equal Weight ETF 2.1 20 34 6.4 +4.9
IWS iShares Russell Mid-Cap Value ETF 2.1 24 30 6.8 +5.3
GNR SPDR S&P Global Natural Resources ETF 2.1 40 14 6.3 +4.8
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 2.1 40 14 5.9 +4.4
BKSE BNY Mellon US Small Cap Core Equity ETF 2.0 4 50 5.7 +4.3
FYT First Trust Small Cap Value AlphaDEX Fund 1.9 72 -18 9.2 +7.8
GRES IQ Global Resources ETF 1.9 77 -23 7.2 +5.8
VLU SPDR S&P 1500 Value Tilt ETF 1.8 12 42 7.0 +5.6
FNDA Schwab Fundamental U.S. Small Co. Index ETF 1.8 25 29 6.0 +4.6
SYLD Cambria Shareholder Yield ETF 1.8 59 -5 8.5 +7.0
IJJ iShares S&P Mid-Cap 400 Value ETF 1.7 25 29 8.0 +6.5
MDYV SPDR S&P 400 Mid Cap Value ETF 1.7 15 39 8.1 +6.6
DIV Global X SuperDividend US ETF 1.7 46 8 6.9 +5.4
IVOV Vanguard S&P Mid-Cap 400 Value ETF 1.7 15 39 8.1 +6.6
JMIN JPMorgan U.S. Minimum Volatility ETF 1.7 12 42 5.3 +3.8
AIEQ AI Powered Equity ETF 1.7 87 -33 2.9 +1.4
COWZ Pacer US Cash Cows 100 ETF 1.7 49 5 10.2 +8.7
SPVU Invesco S&P 500 Enhanced Value ETF 1.6 13 41 11.0 +9.5
HDV iShares Core High Dividend ETF 1.6 8 46 6.6 +5.1
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 1.6 19 35 5.8 +4.3
TUSA First Trust Total US Market AlphaDEX ETF 1.6 70 -16 5.6 +4.2
EQWL Invesco Russell Top 200 Equal Weight ETF 1.6 25 29 5.9 +4.4
SDOG ALPS Sector Dividend Dogs ETF 1.6 40 14 9.8 +8.3
FNX First Trust Mid Cap Core AlphaDEX Fund 1.6 61 -7 6.3 +4.8
RNMC Mid Cap US Equity Select ETF 1.6 60 -6 7.1 +5.6
FCPI Fidelity Stocks for Inflation ETF 1.6 29 25 6.6 +5.1
HLAL Wahed FTSE USA Shariah ETF 1.5 50 4 4.3 +2.8
PEY Invesco High Yield Equity Dividend Achievers ETF 1.5 53 1 9.4 +8.0
QSY WisdomTree U.S. LargeCap Value Fund 1.5 38 16 6.5 +5.0
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 1.5 17 37 4.8 +3.3
MXDU Nationwide Maximum Diversification US Core Equity ETF 1.5 34 20 4.7 +3.2
PBSM Invesco PureBeta MSCI USA Small Cap ETF 1.5 6 48 5.0 +3.5
BIBL Inspire ETF 1.5 35 19 4.7 +3.2
PSC Principal U.S. Small Cap Index ETF 1.5 38 16 6.3 +4.8
VBR Vanguard Small Cap Value Index Fund 1.5 7 47 7.9 +6.4
USDY Pacific Global US Equity Income ETF 1.5 29 25 7.0 +5.5
JKI iShares Morningstar Mid-Cap Value ETF 1.5 30 24 8.6 +7.1

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
VanEck Vectors Unconventional Oil & Gas ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 1.6 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 54 bp
Equals: ALTAR Score 1.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.45 CATEGORY
AVERAGE
1.52
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.