# EDGAR Filing Document

**Accession Number:** 0001137360
**File Stem:** 0001410368-25-028392
**Filing Date:** 2025-11
**Character Count:** 15010
**Document Hash:** 0147d32453394c176b72f36d08c4cfcf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-028392.hdr.sgml**: 20251121

**ACCESSION NUMBER**: 0001410368-25-028392

**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:** 251507830

**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 Steel ETF (Series ID: S000013721)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000037682 | VanEck Steel ETF | SLX             |

## Nport-Ex

VANECK

STEEL

ETF

SCHEDULE

OF

INVESTMENTS

September

30,

2025

(unaudited)

#### FootnoteRuleAboveBlank

#### Footnotes:

#### Number

#### of

#### Shares

#### Value

#### COMMON

#### STOCKS:

#### 100.0%

#### Australia

#### :

#### 11.0%
Rio

Tinto

PLC

(ADR)

147,465

$

9,734,165

Underline

#### Brazil

#### :

#### 17.4%
Cia

Siderurgica

Nacional

SA

(ADR) †

2,593,844

3,890,766

Gerdau

SA

(ADR)

1,272,140

3,943,634

Vale

SA

(ADR)

701,924

7,622,895

15,457,295

#### Canada

#### :

#### 0.6%
Algoma

Steel

Group,

Inc.

(USD)

158,682

564,114

Underline

#### Luxembourg

#### :

#### 5.4%
ArcelorMittal

SA

(USD)

131,880

4,767,462

Underline

#### Netherlands

#### :

#### 9.4%
Tenaris

SA

(ADR)

125,626

4,493,642

Ternium

SA

(ADR) †

112,261

3,898,825

8,392,467

#### South

#### Korea

#### :

#### 4.8%
POSCO

Holdings,

Inc.

(ADR) †

85,945

4,229,353

Underline

#### United

#### States

#### :

#### 51.4%
ATI,

Inc. \*

50,925

4,142,240

Carpenter

Technology

Corp.

16,381

4,022,191

Cleveland-Cliffs,

Inc. \*

†

352,496

4,300,451

Commercial

Metals

Co.

68,052

3,898,019

#### Number

#### of

#### Shares

#### Value

#### United

#### States
(continued)

Gibraltar

Industries,

Inc. \*

67,715

$

4,252,502

Metallus,

Inc. \*

†

63,250

1,045,522

Nucor

Corp.

35,496

4,807,223

Olympic

Steel,

Inc.

16,933

515,610

Reliance,

Inc.

15,380

4,319,165

Ryerson

Holding

Corp. †

48,691

1,113,076

Steel

Dynamics,

Inc.

32,432

4,521,994

SunCoke

Energy,

Inc.

128,032

1,044,741

Warrior

Met

Coal,

Inc. †

62,940

4,005,502

Worthington

Steel,

Inc.

120,269

3,654,975

45,643,211

#### Total

#### Common

#### Stocks
(Cost:

$98,510,461)

88,788,067

#### SHORT-TERM

#### INVESTMENT

#### HELD

#### AS

#### COLLATERAL

#### FOR

#### SECURITIES

#### ON

#### LOAN:

#### 1.9%

#### Money

#### Market

#### Fund:

#### 1.9%
(Cost:

$1,719,489)

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

4.18%(a)

1,719,489

1,719,489

#### Total

#### Investments:

#### 101.9%
(Cost:

$100,229,950)

90,507,556

#### Liabilities

#### in

#### excess

#### of

#### other

#### assets:

#### (1.9)%
(1,650,599)

#### NET

#### ASSETS:

#### 100.0%
$

88,856,957

#### Definitions:
ADR

American

Depositary

Receipt

USD

United

States

Dollar

†

Security

fully

or

partially

on

loan.

Total

market

value

of

securities

on

loan

is

$9,248,329.

\*

Non-income

producing

(a) Rate

shown

is

the

1-day

yield

as

of

09/30/25.

## 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 Steel ETF

- **b. EDGAR series identifier (if any):** S000013721

- **c. LEI of Series:** 549300O94B13J9JPO797

**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:** $92470448.88

**Total Liabilities:** $1800006.24

**Net Assets:** $90670442.64

**Cash Not Reported:** $250869.24

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000037682 | 2.97%                | 4.23%                | 2.01%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $163907.10               | $1613690.16                                |
| Month 2  | $1366185.39              | $1568426.93                                |
| Month 3  | $-1610219.60             | $3291071.95                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Carpenter Technology Corp    | Carpenter Technology Corp                                                   | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |     16655 | NS      | $4089468.70   | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto PLC                | Rio Tinto PLC                                                               | CUSIP: 767204100<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |    150480 | NS      | $9933184.80   | 10.96%            |  |  |  | No            |                  1 | On Loan: No      |
| Metallus Inc                 | Metallus Inc                                                                | CUSIP: 887399103<br>LEI: 549300QZTZWHDE9HJL14 | Long             | EC               | CORP              | US        |     64304 | NS      | $1062945.12   | 1.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Gibraltar Industries Inc     | Gibraltar Industries Inc                                                    | CUSIP: 374689107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68843 | NS      | $4323340.40   | 4.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Algoma Steel Group Inc       | Algoma Steel Group Inc                                                      | CUSIP: 015658107<br>LEI: 549300Q5EU337A1XCX27 | Long             | EC               | CORP              | CA        |    161325 | NS      | $573510.38    | 0.63%             |  |  |  | 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        |   1713643 | NS      | $1713642.75   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenaris SA                   | Tenaris SA                                                                  | CUSIP: 88031M109<br>LEI: 549300Y7C05BKC4HZB40 | Long             | EC               | CORP              | LU        |    127718 | NS      | $4568472.86   | 5.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp                   | Nucor Corp                                                                  | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |     36222 | NS      | $4905545.46   | 5.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Gerdau SA                    | Gerdau SA                                                                   | CUSIP: 373737105<br>LEI: 254900YDV6SEQQPZVG24 | Long             | EC               | CORP              | BR        |   1293332 | NS      | $4009329.20   | 4.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Worthington Steel Inc        | Worthington Steel Inc                                                       | CUSIP: 982104101<br>LEI: 2549009ZUUWL3QLK6G24 | Long             | EC               | CORP              | US        |    122728 | NS      | $3729703.92   | 4.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc           | Steel Dynamics Inc                                                          | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     32973 | NS      | $4597425.39   | 5.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcelorMittal SA             | ArcelorMittal SA                                                            | CUSIP: 03938L203<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | EC               | CORP              | LU        |    134577 | NS      | $4864958.55   | 5.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI Inc                      | ATI Inc                                                                     | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |     51773 | NS      | $4211215.82   | 4.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale SA                      | Vale SA                                                                     | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |    716277 | NS      | $7778768.22   | 8.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleveland-Cliffs Inc         | Cleveland-Cliffs Inc                                                        | CUSIP: 185899101<br>LEI: 549300TM2WLI2BJMDD86 | Long             | EC               | CORP              | US        |    359704 | NS      | $4388388.80   | 4.84%             |  |  |  | No            |                  1 | On Loan: —       |
| Commercial Metals Co         | Commercial Metals Co                                                        | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |     69444 | NS      | $3977752.32   | 4.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Warrior Met Coal Inc         | Warrior Met Coal Inc                                                        | CUSIP: 93627C101<br>LEI: 549300152B1S9YKBYV79 | Long             | EC               | CORP              | US        |     64227 | NS      | $4087406.28   | 4.51%             |  |  |  | No            |                  1 | On Loan: —       |
| Cia Siderurgica Nacional SA  | Cia Siderurgica Nacional SA                                                 | CUSIP: 20440W105<br>LEI: 529900K40TEND42S0T46 | Long             | EC               | CORP              | BR        |   2637053 | NS      | $3955579.50   | 4.36%             |  |  |  | No            |                  1 | On Loan: —       |
| SunCoke Energy Inc           | SunCoke Energy Inc                                                          | CUSIP: 86722A103<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | EC               | CORP              | US        |    130165 | NS      | $1062146.40   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryerson Holding Corp         | Ryerson Holding Corp                                                        | CUSIP: 783754104<br>LEI: 549300JMA41B3ZHOVE45 | Long             | EC               | CORP              | US        |     49503 | NS      | $1131638.58   | 1.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Reliance Inc                 | Reliance Inc                                                                | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |     15636 | NS      | $4391057.88   | 4.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Olympic Steel Inc            | Olympic Steel Inc                                                           | CUSIP: 68162K106<br>LEI: 549300GQ061U6N6KWJ49 | Long             | EC               | CORP              | US        |     17215 | NS      | $524196.75    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Ternium SA                   | Ternium SA                                                                  | CUSIP: 880890108<br>LEI: 529900QG4KU23TEI2E46 | Long             | EC               | CORP              | LU        |    114557 | NS      | $3978564.61   | 4.39%             |  |  |  | No            |                  1 | On Loan: —       |
| POSCO Holdings Inc           | POSCO Holdings Inc                                                          | CUSIP: 693483109<br>LEI: 988400E5HRVX81AYLM04 | Long             | EC               | CORP              | KR        |     87702 | NS      | $4315815.42   | 4.76%             |  |  |  | No            |                  1 | On Loan: —       |

### Signature

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

**Name of Applicant:** VanEck ETF Trust

**Signature:** James Parker

**Name of Signer:** James Parker

**Title:** Assistant Treasurer