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DAM
VanEck Digital Assets Mining ETF

Fund Description

VanEck Digital Assets Mining ETF (the “Fund”) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Digital Assets Mining Index (the “Index”), which is intended to track the performance of companies that are participating in the digital assets mining economy.

 
 

  • Fund Ticker

    DAM
  • Exchange

    NASDAQ
  • Inception Date

    03/07/2022
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Index Ticker

    MVDAMTR
  • Index Rebalancing

    Quarterly

  as of 02/07/23

  • 30-Day SEC Yield1

    1.85%
  • Total Net Assets

    $1.4M
  • Number of Holdings

    20
  • Options

    Available
  • Gross Expense Ratio2

    0.50%
  • Net Expense Ratio/TER2

    0.50%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/15/2023

Fund Highlights

  • Digital asset miners secure, record and store data on the blockchain

  • Industry supported by high current demand for digital assets

  • Integral, high-growth segment of the digital assets economy

Trading Information

  • Fund Ticker

    DAM
  • Index Total Return Ticker

    MVDAMTR
  • NAV

    DAMNV
  • Intraday NAV (IIV)4

    DAMIV
  • Shares Outstanding

    125,000
  • Estimated Cash

    DAMEU
  • Total Cash

    DAMTC
  • CUSIP

    92189H763
  • ISIN

    US92189H7632
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    --
  • Acquired Fund Fees and Expenses

    --
  • Gross Expense Ratio

    0.50%
  • Fee Waivers and
    Expense Reimbursement

    --
  • Net Expense Ratio/TER2

    0.50%
Van Eck Associates Corporation (the “Adviser”) will pay all expenses of the Fund, except for the fee payment under the investment management agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses. Notwithstanding the foregoing, the Adviser has agreed to pay the offering costs until at least February 1, 2024.

Investment Professionals

  • Portfolio Manager and Head of Equity ETFs
  • Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
  • Joined VanEck in 2005
  • CFA charterholder; member of the CFA Society New York
  • BA, Mathematics and Economics, New York University
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 02/07/23

NAV/
Market
Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change NAV/
Last Price
Premium/
Discount
30-Day
Median
Bid Ask
Spread
NAV
Chart
DAM $11.22
$11.25
3,752
3,675
$-0.12 / -1.02%
$-0.13 / -1.17%
+90.39%
+88.83%
$0.03
0.26%
1.07%

Premium/Discount History as of 02/07/23

Since Inception 1Q 2022 2Q 2022 3Q 2022 4Q 2022 Premium/Discount Charts NAV & Prem/Discount History
DAM Days closed at a premium 168 14 52 46 38
Days closed at NAV 21 0 4 7 8
Days closed at a discount 43 4 6 11 17

Performance History: Average Annual Total Returns* (%)

  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
03/07/22
DAM (NAV) 77.17 -5.97 77.17 -- -- -- -- -68.75
DAM (Share Price) 75.84 -6.05 75.84 -- -- -- -- -68.65
MVDAMTR (Index) 76.84 -6.35 76.84 -- -- -- -- -68.76
Performance Differential (NAV - Index) 0.33 0.38 0.33 -- -- -- -- 0.01
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
03/07/22
DAM (NAV) -24.93 -52.14 -- -- -- -- -- -82.36
DAM (Share Price) -24.70 -51.72 -- -- -- -- -- -82.17
MVDAMTR (Index) -24.95 -52.25 -- -- -- -- -- -82.34
Performance Differential (NAV - Index) 0.02 0.11 -- -- -- -- -- -0.02

Top 10 Holdings (%) as of 01/31/23

Daily Holdings
Total Holdings: 20
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Riot Platforms Inc
RIOT US
19,223
120,528 9.23
Hive Blockchain Technologies Ltd
HIVE US
34,162
118,201 9.05
Hut 8 Mining Corp
HUT US
61,180
118,077 9.04
Cleanspark Inc
CLSK US
33,719
106,889 8.19
Marathon Digital Holdings Inc
MARA US
14,289
103,024 7.89
Canaan Inc
CAN US
28,493
89,468 6.85
Bitfarms Ltd/Canada
BITF US
79,394
78,290 6.00
Bit Digital Inc
BTBT US
53,034
76,369 5.85
Applied Blockchain Inc
APLD US
24,220
75,082 5.75
Cipher Mining Inc
CIFR US
49,836
59,803 4.58
Top 10 Total (%) 72.44
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These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%)
as of 01/31/23

Country % of Net Assets
United States 57.53
Canada 15.04
Bermuda 9.05
China 8.82
Australia 4.50
Germany 4.44
Other/Cash 0.61

Sector Weightings (%)
as of 01/31/23

Sector % of Net Assets
Information Technology 86.22
Financials 9.59
n/a 3.58
Other/Cash 0.61

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