# EDGAR Filing Document

**Accession Number:** 0001137360
**File Stem:** 0001752724-23-042784
**Filing Date:** 2023-2
**Character Count:** 17684
**Document Hash:** cd02f5b6dc2b68019df8a4037426974b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-042784.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-042784

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VanEck ETF Trust
- **CENTRAL INDEX KEY:** 0001137360
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10325
- **FILM NUMBER:** 23673617

**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 Inflation Allocation ETF (Series ID: S000059742)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000195523 | VanEck Inflation Allocation ETF | RAAX            |

## Nport-Ex

VANECK INFLATION ALLOCATION ETF

SCHEDULE OF INVESTMENTS

December 31, 2022 (unaudited)

---

| | | |
|:---|:---|:---|
| | **Number<br> of Shares** | **Value** |
| **EXCHANGE TRADED FUNDS: 100.0% (a)** | **EXCHANGE TRADED FUNDS: 100.0% (a)** | **EXCHANGE TRADED FUNDS: 100.0% (a)** |
| Energy Select Sector SPDR Fund | 87391 | $7644091 |
| Global X US Infrastructure Development ETF † | 134284 | 3557183 |
| Invesco DB Commodity Index Tracking Fund | 560166 | 13808092 |
| iShares Global Infrastructure ETF † | 375214 | 17199810 |
| iShares Gold Strategy ETF | 11127 | 609484 |
| iShares Gold Trust | 6254 | 216326 |
| iShares MSCI Global Metals & Mining Producers ETF † | 78138 | 3203658 |
| Nuveen Short-Term REIT ETF | 43056 | 1223652 |
| SPDR Gold MiniShares Trust | 5993 | 216887 |
| SPDR S&P Oil & Gas Exploration & Production ETF | 44527 | 6050329 |
| VanEck Agribusiness ETF † ‡ | 58774 | 5045160 |
| VanEck Commodity Strategy ETF ‡ | 303036 | 15518474 |
| VanEck Energy Income ETF ‡ | 124194 | 7671612 |
| VanEck Gold Miners ETF ‡ | 292903 | 8394600 |
| VanEck Junior Gold Miners ETF ‡ | 75733 | 2699881 |

---

---

| | | |
|:---|:---|:---|
| | **Number<br> of Shares** | **Value** |
| VanEck Merk Gold Shares | 1361291 | $24081238 |
| VanEck Mortgage REIT Income ETF † ‡ | 55296 | 645304 |
| VanEck Oil Services ETF † ‡ | 14745 | 4483217 |
| VanEck Rare Earth/Strategic Metals ETF † ‡ | 28663 | 2182974 |
| VanEck Steel ETF † ‡ | 66770 | 3861977 |
| Vanguard Real Estate ETF † | 115764 | 9548214 |
| **Total Exchange Traded Funds**<br> (Cost: $145,239,692) |  | 137862163 |
| **SHORT-TERM INVESTMENT HELD AS<br> COLLATERAL FOR SECURITIES ON LOAN: 5.8%** | **SHORT-TERM INVESTMENT HELD AS<br> COLLATERAL FOR SECURITIES ON LOAN: 5.8%** | **SHORT-TERM INVESTMENT HELD AS<br> COLLATERAL FOR SECURITIES ON LOAN: 5.8%** |
| **Money Market Fund: 5.8%**<br> (Cost: $8,001,390) |  |  |
| State Street Navigator Securities Lending Government Money Market Portfolio | 8001390 | 8001390 |
| **Total Investments: 105.8%**<br> (Cost: $153,241,082) |  | 145863553 |
| **Liabilities in excess of other assets: (5.8)%** |  | (7883204) |
| **NET ASSETS: 100.0%** |  | $137980349 |

---

------

**Footnotes:**

(a) Each underlying fund's shareholder reports and registration documents are available
 free of charge on the SEC's website at https://www.sec.gov.

† Security fully or partially on loan. Total market value of securities on loan is $13,593,334.

‡ Affiliated issuer – as defined under the Investment Company Act of 1940.

---

| | | |
|:---|:---|:---|
| **Summary of Investments by Sector<br> Excluding Collateral for Securities Loaned** | **% of Investments** | **Value** |
| Diversified Commodities Futures | 21.3% | $29326566 |
| Gold Bullion | 20.1 | 27823815 |
| Utilities | 12.5 | 17199810 |
| Energy | 11.1 | 15315703 |
| Real Estate Investment Trusts | 8.3 | 11417171 |
| Oil Services | 7.6 | 10533546 |
| Gold Mining | 6.1 | 8394600 |
| Global Metals and Mining | 3.9 | 5386632 |
| Agribusiness | 3.7 | 5045160 |
| Steel | 2.8 | 3861977 |
| Industrials | 2.6 | 3557183 |
|  | 100.0% | $137862163 |

---

VANECK INFLATION ALLOCATION ETF

SCHEDULE OF INVESTMENTS

(unaudited) (continued)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | A summary of the Funds transactions in securities of affiliates for the period ended December 31, 2022 is set forth below: | A summary of the Funds transactions in securities of affiliates for the period ended December 31, 2022 is set forth below: | A summary of the Funds transactions in securities of affiliates for the period ended December 31, 2022 is set forth below: | A summary of the Funds transactions in securities of affiliates for the period ended December 31, 2022 is set forth below: | A summary of the Funds transactions in securities of affiliates for the period ended December 31, 2022 is set forth below: | A summary of the Funds transactions in securities of affiliates for the period ended December 31, 2022 is set forth below: | A summary of the Funds transactions in securities of affiliates for the period ended December 31, 2022 is set forth below: |
|  | **Value<br> 9/30/2022** | **Purchases** | **Sales<br> Proceeds** | **Realized Gain<br> (Loss)** | **Dividend<br> Income** | **Net Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | **Value<br> 12/31/2022** |
| VanEck Agribusiness ETF | $5199181 | $147770 | $(650494) | $(67760) | $110114 | $416463 | $5045160 |
| VanEck Commodity Strategy ETF |  | 15200001 |  |  |  | 318473 | 15518474 |
| VanEck Energy Income ETF | 7942124 | 228990 | (1192339) | (25445) | 42251 | 718282 | 7671612 |
| VanEck Gold Miners ETF | 5563085 | 2331803 | (442172) | (69130) | 141516 | 1011014 | 8394600 |
| VanEck Junior Gold Miners ETF | 2324276 | 68522 | (166059) | (28976) | 14023 | 502119 | 2699882 |
| VanEck Mortgage REIT Income ETF |  | 736596 | (15696) | (1282) | 22185 | (74314) | 645304 |
| VanEck Oil Services ETF | 3715395 | 135627 | (940097) | 29183 | 43218 | 1543109 | 4483217 |
| VanEck Rare Earth/Strategic Metals ETF | 2488401 | 70903 | (162875) | (23810) | 34512 | (189645) | 2182974 |
| VanEck Steel ETF | 3321251 | 104501 | (251365) | (58) | 194876 | 687648 | 3861977 |
|  | $30553713 | $19024713 | $(3821097) | $(187278) | $602695 | $4933149 | $50503200 |

---

## 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 Inflation Allocation ETF

- **b. EDGAR series identifier (if any):** S000059742

- **c. LEI of Series:** 5493002UTPGW67UP1895

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

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-31

**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:** $145394827.51

**Total Liabilities:** $8037727.33

**Net Assets:** $137357100.18

**Amount of Assets Invested in Other Investment Companies:** $24515048.26

**Cash Not Reported:** $39146.02

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000195523 | 7.13%                | 6.39%                | -2.84%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-210461.93              | $9437586.20                                |
| Month 2  | $-2659001.20             | $11330189.66                               |
| Month 3  | $-904160.97              | $-4533477.73                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| iShares Global Infrastructure ETF                 | iShares Global Infrastructure ETF                                           | CUSIP: 464288372<br>LEI: 549300ZC2N3HUK3DTK30 | Long             | EC               | RF                | US        |    373524 | NS      | $17122340.16  | 12.47%            |  |  |  | No            |                  1 | On Loan: —       |
| VanEck Mortgage REIT Income ETF                   | VanEck Mortgage REIT Income ETF                                             | CUSIP: 92189F452<br>LEI: 54930027HZP6Q1ONAO98 | Long             | EC               | RF                | US        |     55047 | NS      | $642398.49    | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| State Street Global Advisors                      | State Street Navigator Securities Lending Government Money Market Portfolio | CUSIP: 857492706<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |   7940311 | NS      | $7940311.25   | 5.78%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Global Metals & Mining Producers ETF | iShares MSCI Global Metals & Mining Producers ETF                           | CUSIP: 46434G848<br>LEI: 549300P22YCPXTDJWG70 | Long             | EC               | RF                | US        |     77786 | NS      | $3189226.00   | 2.32%             |  |  |  | No            |                  1 | On Loan: —       |
| iShares Gold Trust                                | iShares Gold Trust                                                          | CUSIP: 464285204<br>LEI: 5493006UOY7GXQW0IP42 | Long             | EC               | RF                | US        |      6254 | NS      | $216325.86    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Gold Miners ETF/USA                        | VanEck Gold Miners ETF/USA                                                  | CUSIP: 92189F106<br>LEI: 54930031TORTKAM9TJ98 | Long             | EC               | RF                | US        |    291584 | NS      | $8356797.44   | 6.08%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Junior Gold Miners ETF                     | VanEck Junior Gold Miners ETF                                               | CUSIP: 92189F791<br>LEI: 549300P2HS5GYBL1ME59 | Long             | EC               | RF                | US        |     75392 | NS      | $2687724.80   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Select Sector SPDR Fund                    | Energy Select Sector SPDR Fund                                              | CUSIP: 81369Y506<br>LEI: 54930064FLK0RD4TRU75 | Long             | EC               | RF                | US        |     86997 | NS      | $7609627.59   | 5.54%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Energy Income ETF                          | VanEck Energy Income ETF                                                    | CUSIP: 92189H870<br>LEI: 549300M83PJMD60RHH14 | Long             | EC               | RF                | US        |    123635 | NS      | $7637082.31   | 5.56%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Oil Services ETF                           | VanEck Oil Services ETF                                                     | CUSIP: 92189H607<br>LEI: 549300WSDUDKDJCJOV22 | Long             | EC               | RF                | US        |     14679 | NS      | $4463149.95   | 3.25%             |  |  |  | No            |                  1 | On Loan: —       |
| VanEck Agribusiness ETF                           | VanEck Agribusiness ETF                                                     | CUSIP: 92189F700<br>LEI: 549300PY1GVOA1FO5J32 | Long             | EC               | RF                | US        |     58509 | NS      | $5022412.56   | 3.66%             |  |  |  | No            |                  1 | On Loan: —       |
| Global X US Infrastructure Development ETF        | Global X US Infrastructure Development ETF                                  | CUSIP: 37954Y673<br>LEI: 549300P5QELW9NWLDY61 | Long             | EC               | RF                | US        |    133679 | NS      | $3541156.71   | 2.58%             |  |  |  | No            |                  1 | On Loan: —       |
| VanEck Rare Earth/Strategic Metals ETF            | VanEck Rare Earth/Strategic Metals ETF                                      | CUSIP: 92189H805<br>LEI: 549300CC0W53Y8C5LO70 | Long             | EC               | RF                | US        |     28534 | NS      | $2173149.44   | 1.58%             |  |  |  | No            |                  1 | On Loan: —       |
| Nuveen Short-Term REIT ETF                        | Nuveen Short-Term REIT ETF                                                  | CUSIP: 67092P706<br>LEI: 549300A0ZHE1IWA46A84 | Long             | EC               | RF                | US        |     42862 | NS      | $1218138.04   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Merk Gold Shares                           | VanEck Merk Gold Shares                                                     | CUSIP: 921078101<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1354893 | NS      | $23968057.17  | 17.45%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Real Estate ETF                          | Vanguard Real Estate ETF                                                    | CUSIP: 922908553<br>LEI: B1HNOZOSPCLXHIVBEI82 | Long             | EC               | RF                | US        |    115243 | NS      | $9505242.64   | 6.92%             |  |  |  | No            |                  1 | On Loan: —       |
| SPDR S&P Oil & Gas Exploration & Production ETF   | SPDR S&P Oil & Gas Exploration & Production ETF                             | CUSIP: 78468R556<br>LEI: 5493001H1FSSB667C124 | Long             | EC               | RF                | US        |     44326 | NS      | $6023016.88   | 4.38%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Commodity Strategy ETF                     | VanEck Commodity Strategy ETF                                               | CUSIP: 92189H771<br>LEI: 549300N3S8T54KOP4G25 | Long             | EC               | RF                | US        |    300446 | NS      | $15385839.66  | 11.20%            |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Steel ETF                                  | VanEck Steel ETF                                                            | CUSIP: 92189F205<br>LEI: 549300O94B13J9JPO797 | Long             | EC               | RF                | US        |     66469 | NS      | $3844566.96   | 2.80%             |  |  |  | No            |                  1 | On Loan: —       |
| SPDR Gold MiniShares Trust                        | SPDR Gold MiniShares Trust                                                  | CUSIP: 98149E303<br>LEI: 5493002IEEMEY6LRJ932 | Long             | EC               | RF                | US        |      5993 | NS      | $216886.67    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Gold Strategy ETF                         | iShares Gold Strategy ETF                                                   | CUSIP: 46431W614<br>LEI: N/A                  | Long             | EC               | RF                | US        |     11127 | NS      | $609483.65    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco DB Commodity Index Tracking Fund          | Invesco DB Commodity Index Tracking Fund                                    | CUSIP: 46138B103<br>LEI: 549300HIW8J5DIIYYM41 | Long             | EC               | RF                | US        |    560166 | NS      | $13808091.90  | 10.05%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** VanEck ETF Trust

**Signature:** James Parker

**Name of Signer:** James Parker

**Title:** Assistant Treasurer