# EDGAR Filing Document

**Accession Number:** 0001137360
**File Stem:** 0001410368-25-028367
**Filing Date:** 2025-11
**Character Count:** 31446
**Document Hash:** 775398da29058b9c1dc7e5048171db9d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-028367.hdr.sgml**: 20251121

**ACCESSION NUMBER**: 0001410368-25-028367

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251121

**DATE AS OF CHANGE**: 20251121

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VanEck ETF Trust
- **CENTRAL INDEX KEY:** 0001137360

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10325
- **FILM NUMBER:** 251507733

**BUSINESS ADDRESS:**
- **STREET 1:** 666 THIRD AVENUE, 9TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 212-293-2000

**MAIL ADDRESS:**
- **STREET 1:** 666 THIRD AVENUE, 9TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VanEck Vectors ETF Trust
- **DATE OF NAME CHANGE:** 20160427

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MARKET VECTORS ETF TRUST
- **DATE OF NAME CHANGE:** 20070312

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MARKET VECTORS TRUST
- **DATE OF NAME CHANGE:** 20050516

## Series and Classes Contracts Data

### VanEck Low Carbon Energy ETF (Series ID: S000016884)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000047031 | VanEck Low Carbon Energy ETF | SMOG            |

## Nport-Ex

VANECK

LOW

CARBON

ENERGY

ETF

SCHEDULE

OF

INVESTMENTS

September

30,

2025

(unaudited)

#### Number

#### of

#### Shares

#### Value

#### COMMON

#### STOCKS:

#### 98.5%

#### Austria

#### :

#### 0.5%
Verbund

AG

9,077

$

661,640

Underline

#### Brazil

#### :

#### 3.8%
Centrais

Eletricas

Brasileiras

SA

(ADR) †

347,248

3,444,700

Cia

Energetica

de

Minas

Gerais

(ADR)

411,673

868,630

Cia

Paranaense

de

Energia

-

Copel

(ADR) †

64,799

635,030

4,948,360

#### Canada

#### :

#### 2.8%
Boralex,

Inc. †

24,510

478,609

Brookfield

Renewable

Corp.

(USD) †

35,373

1,217,538

Northland

Power,

Inc. †

66,779

1,118,263

TransAlta

Corp.

(USD) †

58,234

796,059

3,610,469

#### Chile

#### :

#### 0.4%
Enel

Americas

SA

5,418,963

546,661

Underline

#### China

#### :

#### 19.7%
BYD

Co.

Ltd.

(HKD)

523,098

7,395,295

China

Everbright

Environment

Group

Ltd.

(HKD)

879,000

501,658

China

Longyuan

Power

Group

Corp.

Ltd.

(HKD) †

596,000

635,996

Contemporary

Amperex

Technology

Co.

Ltd.

(HKD) †

31,900

2,348,788

GCL

Technology

Holdings

Ltd.

(HKD) \*

†

6,314,000

1,063,251

Li

Auto,

Inc.

(ADR) \*

†

142,766

3,617,690

NIO,

Inc.

(ADR) \*

521,951

3,977,267

Xinyi

Solar

Holdings

Ltd.

(HKD) †

1,706,000

752,980

XPeng,

Inc.

(ADR) \*

179,234

4,197,660

Zhejiang

Leapmotor

Technology

Co.

Ltd.

(HKD)

144A \*

101,600

866,972

25,357,557

#### Denmark

#### :

#### 4.9%
Orsted

AS

144A \*

31,591

549,966

ROCKWOOL

A/S

24,558

916,313

Vestas

Wind

Systems

A/S

252,220

4,802,001

6,268,280

#### Germany

#### :

#### 0.7%
Nordex

SE \*

35,167

904,007

Underline

#### Ireland

#### :

#### 2.4%
Kingspan

Group

PLC

36,794

3,078,869

Underline

#### Italy

#### :

#### 6.5%
Enel

SpA

837,952

7,947,305

ERG

SpA †

15,608

385,698

8,333,003

#### Japan

#### :

#### 0.7%
Horiba

Ltd.

10,984

929,623

Underline

#### Number

#### of

#### Shares

#### Value

#### New

#### Zealand

#### :

#### 2.4%
Contact

Energy

Ltd.

221,194

$

1,168,879

Mercury

NZ

Ltd.

189,518

735,375

Meridian

Energy

Ltd.

359,643

1,163,165

3,067,419

#### Portugal

#### :

#### 0.9%
EDP

Renovaveis

SA \*

85,534

1,131,379

Underline

#### South

#### Korea

#### :

#### 4.5%
Ecopro

BM

Co.

Ltd. \*

13,723

1,107,425

Hanwha

Solutions

Corp.

27,978

570,684

LG

Energy

Solution

Ltd. \*

7,880

1,955,313

Samsung

SDI

Co.

Ltd.

15,152

2,217,770

5,851,192

#### Spain

#### :

#### 7.7%
Acciona

SA †

6,773

1,362,057

Iberdrola

SA

448,509

8,496,842

9,858,899

#### Sweden

#### :

#### 1.4%
Nibe

Industrier

AB †

460,308

1,821,150

Underline

#### Switzerland

#### :

#### 0.4%
Landis+Gyr

Group

AG †

6,409

520,657

Underline

#### Taiwan

#### :

#### 0.4%
Simplo

Technology

Co.

Ltd.

44,000

535,377

Underline

#### United

#### Kingdom

#### :

#### 1.5%
Drax

Group

PLC

84,732

799,916

Johnson

Matthey

PLC

39,143

1,061,555

1,861,471

#### United

#### States

#### :

#### 36.9%
Bloom

Energy

Corp. \*

†

40,056

3,387,536

EnerSys

7,886

890,803

Enphase

Energy,

Inc. \*

25,317

895,969

First

Solar,

Inc. \*

†

21,368

4,712,285

HA

Sustainable

Infrastructure

Capital,

Inc. †

19,890

610,623

Installed

Building

Products,

Inc.

4,831

1,191,614

Lucid

Group,

Inc. \*

†

36,213

861,507

NextEra

Energy,

Inc.

133,105

10,048,096

NEXTracker,

Inc. \*

28,210

2,087,258

Ormat

Technologies,

Inc.

12,951

1,246,534

Owens

Corning

17,836

2,523,081

QuantumScape

Corp. \*

117,400

1,446,368

Rivian

Automotive,

Inc. \*

†

224,018

3,288,584

Sunrun,

Inc. \*

†

31,727

548,560

Tesla,

Inc. \*

27,188

12,091,047

TopBuild

Corp. \*

†

4,343

1,697,505

47,527,370

#### Total

#### Common

#### Stocks
(Cost:

$134,997,798)

126,813,383

#### RIGHTS

#### :

#### 0.5%

#### Denmark

#### :

#### 0.5%
Orsted

AS,

0.00\*

687,225

684,759

VANECK

LOW

CARBON

ENERGY

ETF

SCHEDULE

OF

INVESTMENTS

(unaudited)

(continued)

#### FootnoteRuleAboveBlank

#### Footnotes:

#### Number

#### of

#### Shares

#### Value

#### Denmark
(continued)

#### Total

#### Investments

#### Before

#### Collateral

#### for

#### Securities

#### Loaned:

#### 99.0%
(Cost:

$137,945,217)

$

127,498,142

#### SHORT-TERM

#### INVESTMENT

#### HELD

#### AS

#### COLLATERAL

#### FOR

#### SECURITIES

#### ON

#### LOAN:

#### 3.2%

#### Money

#### Market

#### Fund:

#### 3.2%
(Cost:

$4,152,343)

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

4.18%(a)

4,152,343

4,152,343

#### Total

#### Investments:

#### 102.2%
(Cost:

$142,097,560)

131,650,485

#### Liabilities

#### in

#### excess

#### of

#### other

#### assets:

#### (2.2)%
(2,867,649)

#### NET

#### ASSETS:

#### 100.0%
$

128,782,836

#### Definitions:
ADR

American

Depositary

Receipt

HKD

Hong

Kong

Dollar

USD

United

States

Dollar

†

Security

fully

or

partially

on

loan.

Total

market

value

of

securities

on

loan

is

$26,701,972.

\*

Non-income

producing

(a) Rate

shown

is

the

1-day

yield

as

of

09/30/25.

144A

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933,

as

amended,

or

otherwise

restricted.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

unless

otherwise

noted.

These

securities

have

an

aggregate

value

of

$1,416,938,

or

1.1%

of

net

assets.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** VanEck ETF Trust

- **b. Investment Company Act file number:** 811-10325

- **c. CIK number of Registrant:** 0001137360

- **d. LEI of Registrant:** 549300ZLFKNTXC51ZN76

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 666 THIRD AVENUE, 9TH FLOOR

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

  - **Telephone number:** 212-293-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** VanEck Low Carbon Energy ETF

- **b. EDGAR series identifier (if any):** S000016884

- **c. LEI of Series:** 549300NSP51U8FZJQ560

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $133035591.91

**Total Liabilities:** $4252832.96

**Net Assets:** $128782758.95

**Cash Not Reported:** $981329.63

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000047031 | 2.99%                | 4.38%                | 8.06%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-330476.58              | $3443117.02                                |
| Month 2  | $521218.77               | $4562940.39                                |
| Month 3  | $-4028051.97             | $13711513.21                               |

### Schedule of Portfolio Investments

| Name                                      | Title                                                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Cia Paranaense de Energia - Copel         | Cia Paranaense de Energia - Copel                                           | CUSIP: 20441B605<br>LEI: 2549001AS1I9A71VG663 | Long             | EC               | CORP              | BR        |     65052 | NS      | $637509.60    | 0.50%             |  |  |  | No            |                  1 | On Loan: —       |
| Enel Americas SA                          | Enel Americas SA                                                            | CUSIP: 000000000<br>LEI: 549300LKH11TFCJLZK20 | Long             | EC               | CORP              | CL        |   5489540 | NS      | $553781.03    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury NZ Ltd                            | Mercury NZ Ltd                                                              | CUSIP: 000000000<br>LEI: 254900XLT925U953KK55 | Long             | EC               | CORP              | NZ        |    190258 | NS      | $738246.44    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| EnerSys                                   | EnerSys                                                                     | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |      7917 | NS      | $894304.32    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia Energetica de Minas Gerais            | Cia Energetica de Minas Gerais                                              | CUSIP: 204409601<br>LEI: 254900W703PXLDSEM056 | Long             | EC               | CORP              | BR        |    413282 | NS      | $872025.02    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Contemporary Amperex Technology Co Ltd    | Contemporary Amperex Technology Co Ltd                                      | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |     32100 | NS      | $2363514.29   | 1.84%             |  |  |  | No            |                  2 | On Loan: —       |
| NextEra Energy Inc                        | NextEra Energy Inc                                                          | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    133625 | NS      | $10087351.25  | 7.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Acciona SA                                | Acciona SA                                                                  | CUSIP: 000000000<br>LEI: 54930002KP75TLLLNO21 | Long             | EC               | CORP              | ES        |      6799 | NS      | $1367285.96   | 1.06%             |  |  |  | No            |                  2 | On Loan: —       |
| Owens Corning                             | Owens Corning                                                               | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |     17905 | NS      | $2532841.30   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors              | State Street Navigator Securities Lending Government Money Market Portfolio | CUSIP: 857492706<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |   4132786 | NS      | $4132785.80   | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| QuantumScape Corp                         | QuantumScape Corp                                                           | CUSIP: 74767V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    117858 | NS      | $1452010.56   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKWOOL A/S                              | ROCKWOOL A/S                                                                | CUSIP: 000000000<br>LEI: 213800QRC7LNX935OZ09 | Long             | EC               | CORP              | DK        |     24654 | NS      | $919894.59    | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola SA                              | Iberdrola SA                                                                | CUSIP: 000000000<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |    450262 | NS      | $8530051.97   | 6.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Simplo Technology Co Ltd                  | Simplo Technology Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     44000 | NS      | $535377.40    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Enphase Energy Inc                        | Enphase Energy Inc                                                          | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |     25417 | NS      | $899507.63    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Meridian Energy Ltd                       | Meridian Energy Ltd                                                         | CUSIP: 000000000<br>LEI: 254900IFKXIGNCY3A092 | Long             | EC               | CORP              | NZ        |    361048 | NS      | $1167708.76   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| GCL Technology Holdings Ltd               | GCL Technology Holdings Ltd                                                 | CUSIP: 000000000<br>LEI: 529900O1QCZWP5IWVY66 | Long             | EC               | CORP              | KY        |   6339000 | NS      | $1067460.42   | 0.83%             |  |  |  | No            |                  2 | On Loan: —       |
| Boralex Inc                               | Boralex Inc                                                                 | CUSIP: 09950M300<br>LEI: 5493004UT7HNQU2SVR90 | Long             | EC               | CORP              | CA        |     24606 | NS      | $480483.70    | 0.37%             |  |  |  | No            |                  1 | On Loan: —       |
| China Longyuan Power Group Corp Ltd       | China Longyuan Power Group Corp Ltd                                         | CUSIP: 000000000<br>LEI: 5299008UYLF3O6V9T464 | Long             | EC               | CORP              | CN        |    598000 | NS      | $638130.12    | 0.50%             |  |  |  | No            |                  2 | On Loan: —       |
| Sunrun Inc                                | Sunrun Inc                                                                  | CUSIP: 86771W105<br>LEI: 54930007SJ77CI66U531 | Long             | EC               | CORP              | US        |     31851 | NS      | $550703.79    | 0.43%             |  |  |  | No            |                  1 | On Loan: —       |
| TransAlta Corp                            | TransAlta Corp                                                              | CUSIP: 89346D107<br>LEI: 984500EE2ADD850F1C96 | Long             | EC               | CORP              | CA        |     58461 | NS      | $799161.87    | 0.62%             |  |  |  | No            |                  1 | On Loan: —       |
| Enel SpA                                  | Enel SpA                                                                    | CUSIP: 000000000<br>LEI: WOCMU6HCI0OJWNPRZS33 | Long             | EC               | CORP              | IT        |    841227 | NS      | $7978365.92   | 6.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Johnson Matthey PLC                       | Johnson Matthey PLC                                                         | CUSIP: 000000000<br>LEI: 2138001AVBSD1HSC6Z10 | Long             | EC               | CORP              | GB        |     39297 | NS      | $1065731.34   | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Northland Power Inc                       | Northland Power Inc                                                         | CUSIP: 666511100<br>LEI: 8945002IJ77NEBK48M81 | Long             | EC               | CORP              | CA        |     67041 | NS      | $1122650.06   | 0.87%             |  |  |  | No            |                  1 | On Loan: —       |
| Brookfield Renewable Corp                 | Brookfield Renewable Corp                                                   | CUSIP: 11285B108<br>LEI: 894500N9AWD5I1YNP231 | Long             | EC               | CORP              | CA        |     35511 | NS      | $1222288.62   | 0.95%             |  |  |  | No            |                  1 | On Loan: —       |
| Bloom Energy Corp                         | Bloom Energy Corp                                                           | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |     40213 | NS      | $3400813.41   | 2.64%             |  |  |  | No            |                  1 | On Loan: —       |
| Orsted AS                                 | Orsted AS                                                                   | CUSIP: 000000000<br>LEI: W9NG6WMZIYEU8VEDOG48 | Long             | EC               | CORP              | DK        |    687225 | NS      | $684758.57    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordex SE                                 | Nordex SE                                                                   | CUSIP: 000000000<br>LEI: 529900HVDYCUWVD0OE76 | Long             | EC               | CORP              | DE        |     35305 | NS      | $907554.10    | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Energy Solution Ltd                    | LG Energy Solution Ltd                                                      | CUSIP: 000000000<br>LEI: 988400QX6P286XA6ZS85 | Long             | EC               | CORP              | KR        |      7911 | NS      | $1963004.90   | 1.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Ecopro BM Co Ltd                          | Ecopro BM Co Ltd                                                            | CUSIP: 000000000<br>LEI: 988400KB3FIHJINXCS55 | Long             | EC               | CORP              | KR        |     13776 | NS      | $1111701.90   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Li Auto Inc                               | Li Auto Inc                                                                 | CUSIP: 50202M102<br>LEI: 2549003R73Q70J5H4I65 | Long             | EC               | CORP              | KY        |    143324 | NS      | $3631830.16   | 2.82%             |  |  |  | No            |                  1 | On Loan: —       |
| Kingspan Group PLC                        | Kingspan Group PLC                                                          | CUSIP: 000000000<br>LEI: 635400HM7V74SUB9OG75 | Long             | EC               | CORP              | IE        |     36938 | NS      | $3090918.57   | 2.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Vestas Wind Systems A/S                   | Vestas Wind Systems A/S                                                     | CUSIP: 000000000<br>LEI: 549300DYMC8BGZZC8844 | Long             | EC               | CORP              | DK        |    253206 | NS      | $4820773.08   | 3.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Landis+Gyr Group AG                       | Landis+Gyr Group AG                                                         | CUSIP: 000000000<br>LEI: 529900PZYVAKCYSLFL19 | Long             | EC               | CORP              | CH        |      6434 | NS      | $522687.84    | 0.41%             |  |  |  | No            |                  2 | On Loan: —       |
| Tesla Inc                                 | Tesla Inc                                                                   | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     27294 | NS      | $12138187.68  | 9.43%             |  |  |  | No            |                  1 | On Loan: No      |
| ERG SpA                                   | ERG SpA                                                                     | CUSIP: 000000000<br>LEI: 8156004604684CA44A90 | Long             | EC               | CORP              | IT        |     15668 | NS      | $387180.00    | 0.30%             |  |  |  | No            |                  2 | On Loan: —       |
| Verbund AG                                | Verbund AG                                                                  | CUSIP: 000000000<br>LEI: 5299006UDSEJCTTEJS30 | Long             | EC               | CORP              | AT        |      9112 | NS      | $664191.12    | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanwha Solutions Corp                     | Hanwha Solutions Corp                                                       | CUSIP: 000000000<br>LEI: 549300M2V0ZS71BRNR68 | Long             | EC               | CORP              | KR        |     28087 | NS      | $572907.59    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| EDP Renovaveis SA                         | EDP Renovaveis SA                                                           | CUSIP: 000000000<br>LEI: 529900MUFAH07Q1TAX06 | Long             | EC               | CORP              | ES        |     85869 | NS      | $1135810.29   | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Horiba Ltd                                | Horiba Ltd                                                                  | CUSIP: 000000000<br>LEI: 529900OOTWPYSNW0EC84 | Long             | EC               | CORP              | JP        |     11084 | NS      | $938086.83    | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| China Everbright Environment Group Ltd    | China Everbright Environment Group Ltd                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    882000 | NS      | $503370.06    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| First Solar Inc                           | First Solar Inc                                                             | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |     21452 | NS      | $4730809.56   | 3.67%             |  |  |  | No            |                  1 | On Loan: —       |
| Nibe Industrier AB                        | Nibe Industrier AB                                                          | CUSIP: 000000000<br>LEI: 549300ZQH0FIF1P0MX67 | Long             | EC               | CORP              | SE        |    462107 | NS      | $1828267.82   | 1.42%             |  |  |  | No            |                  2 | On Loan: —       |
| Orsted AS                                 | Orsted AS                                                                   | CUSIP: 000000000<br>LEI: W9NG6WMZIYEU8VEDOG48 | Long             | EC               | CORP              | DK        |     32099 | NS      | $558810.28    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung SDI Co Ltd                        | Samsung SDI Co Ltd                                                          | CUSIP: 000000000<br>LEI: 9884002AESDO4YW87G32 | Long             | EC               | CORP              | KR        |     15211 | NS      | $2226405.84   | 1.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Xinyi Solar Holdings Ltd                  | Xinyi Solar Holdings Ltd                                                    | CUSIP: 000000000<br>LEI: 529900QF7VIH03SB7Q08 | Long             | EC               | CORP              | KY        |   1714000 | NS      | $756511.01    | 0.59%             |  |  |  | No            |                  2 | On Loan: —       |
| Zhejiang Leapmotor Technology Co Ltd      | Zhejiang Leapmotor Technology Co Ltd                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    102000 | NS      | $870384.98    | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXTracker Inc                            | NEXTracker Inc                                                              | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28321 | NS      | $2095470.79   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| HA Sustainable Infrastructure Capital Inc | HA Sustainable Infrastructure Capital Inc                                   | CUSIP: 41068X100<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | EC               | CORP              | US        |     19968 | NS      | $613017.60    | 0.48%             |  |  |  | No            |                  1 | On Loan: —       |
| Centrais Eletricas Brasileiras SA         | Centrais Eletricas Brasileiras SA                                           | CUSIP: 15234Q207<br>LEI: 254900I8KYDELP4B4Z08 | Long             | EC               | CORP              | BR        |    348605 | NS      | $3458161.60   | 2.69%             |  |  |  | No            |                  1 | On Loan: —       |
| Rivian Automotive Inc                     | Rivian Automotive Inc                                                       | CUSIP: 76954A103<br>LEI: 25490004LNKJ84MFYY24 | Long             | EC               | CORP              | US        |    224893 | NS      | $3301429.24   | 2.56%             |  |  |  | No            |                  1 | On Loan: —       |
| Drax Group PLC                            | Drax Group PLC                                                              | CUSIP: 000000000<br>LEI: 549300YPSNTXR4ZHSR98 | Long             | EC               | CORP              | GB        |     85064 | NS      | $803050.33    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Installed Building Products Inc           | Installed Building Products Inc                                             | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |      4850 | NS      | $1196301.00   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| NIO Inc                                   | NIO Inc                                                                     | CUSIP: 62914V106<br>LEI: 549300JBU4TV5OCKJV96 | Long             | EC               | CORP              | KY        |    472726 | NS      | $3602172.12   | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| XPeng Inc                                 | XPeng Inc                                                                   | CUSIP: 98422D105<br>LEI: 549300TZNMIREMWQU857 | Long             | EC               | CORP              | KY        |    179934 | NS      | $4214054.28   | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Ormat Technologies Inc                    | Ormat Technologies Inc                                                      | CUSIP: 686688102<br>LEI: 5493000TSHHWY24VHM09 | Long             | EC               | CORP              | US        |     13002 | NS      | $1251442.50   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Lucid Group Inc                           | Lucid Group Inc                                                             | CUSIP: 549498202<br>LEI: 529900MRL9Z13ZCRVD74 | Long             | EC               | CORP              | US        |     36355 | NS      | $864885.45    | 0.67%             |  |  |  | No            |                  1 | On Loan: —       |
| Contact Energy Ltd                        | Contact Energy Ltd                                                          | CUSIP: 000000000<br>LEI: 549300FT5JOXS1PZ1I32 | Long             | EC               | CORP              | NZ        |    222059 | NS      | $1173449.87   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| TopBuild Corp                             | TopBuild Corp                                                               | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |      4360 | NS      | $1704149.60   | 1.32%             |  |  |  | No            |                  1 | On Loan: —       |
| BYD Co Ltd                                | BYD Co Ltd                                                                  | CUSIP: 000000000<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |    525198 | NS      | $7424983.55   | 5.77%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** VanEck ETF Trust

**Signature:** James Parker

**Name of Signer:** James Parker

**Title:** Assistant Treasurer