GRNB

VanEck Vectors Green Bond ETF
N/A

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

GRNB Fund Description

The VanEck Vectors Green Bond ETF tracks a market-value-weighted index of bonds issued for climate change mitigation or other environmentally beneficial projects, as identified by the Climate Bonds Initiative.

GRNB Factset Analytics Insight

GRNB is a rarity in the fixed income space: an ESG-focused fund with a global scope and passive management. The fund invests in bonds issued to finance “green” projects—primarily solar, wind, and low-carbon construction. Issuers must seek and receive certification from the Climate Bonds Initiative, a London-based NGO. GRNB may hold both corporate and government issues, with only a few restrictions: tax-exempt municipals are excluded, while sub-investment-grade issues are capped at 20% of the portfolio. Issuers may be located in any geography, but holdings must be either denominated in one of the G10 currencies, or issued outside of the home market of the issue currency—effectively excluding local-currency emerging-market bonds. GRNB launched in March 2017, and looks attractively priced in the context of its specialized niche and global reach.

GRNB MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of February 15, 2018 the VanEck Vectors Green Bond ETF MSCI ESG Fund Quality Score is 7.11 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. GRNB ranks in the 93th percentile within its peer group and in the 94th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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GRNB Summary Data

VanEck
03/03/17
Open-Ended Fund
0.40%
$14.85M
$171.66K
0.24%

GRNB Portfolio Data

6.33
7.07Years
1.46%
03/01/18
44

GRNB Index Data

Market Value
Principles-based
Barclays Global Aggregate Index

Related ETFs to GRNB

TOTL, BOND, RIGS, FBND, FIXD
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

GRNB Portfolio Management

0.40%
--
--
--

GRNB Tax Exposures

20.00% / 39.60%
0.01%
Ordinary income
No

GRNB Fund Structure

Open-Ended Fund
No
N/A
100% / 0%
N/A
N/A
High
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

GRNB Factset Analytics Block Liquidity

As of 02/16/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of GRNB. GRNB is rated a N/A out of 5.

GRNB Tradability

6,349
$171.66K
3,806
$104.27K
0.24%
$0.06
0.31%
2.02% / -0.59%
None
0.00%
50,000
0.08
0.07%
--
--
$27.09
N/A

GRNB Sector/Industry Breakdown

GRNBSegment Benchmark
5.85% 31.67%
2.12% 20.50%
7.03% 13.85%
1.42% 12.81%
51.75% 7.78%
0.00% 5.18%
2.78% 4.16%
12.76% 4.01%
0.00% 0.04%
10.95% 0.00%

GRNB Top 5 Countries

5.40% 24.14%
4.94% 12.65%
38.39% 12.39%
1.28% 10.99%
1.70% 6.59%

GRNB Top 5 Currencies

23.22% 49.13%
46.50% 39.06%
0.41% 4.50%
5.08% 4.07%
2.32% 1.75%
93.11% 86.10%
6.83% 13.92%

GRNB Performance Statistics

0.84
1.08
--
--
--

GRNB MSCI ESG Ratings

7.11 / 10
93.31
94.32
17.06%
4.20%
908.17

GRNB Holdings Statistics

GRNBSegment Benchmark
6.59 6.33
1.85% 1.46%
Low Medium

GRNB Maturity Distribution

0.69% 2.00%
20.71% 19.74%
18.63% 22.87%
12.22% 14.58%
14.56% 29.03%
33.20% 11.78%

GRNB Credit Breakdown

37.06% 31.02%
15.15% 25.92%
24.50% 28.61%
15.51% 14.41%
3.59% 0.00%
1.72% 0.00%
0.58% 0.00%
0.07% 0.00%
0.01% 0.00%