# EDGAR Filing Document

**Accession Number:** 0001137360
**File Stem:** 0001752724-25-196035
**Filing Date:** 2025-8
**Character Count:** 36162
**Document Hash:** 2e9297064e53d98e5e528e3ebb4ec04b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-196035.hdr.sgml**: 20250821

**ACCESSION NUMBER**: 0001752724-25-196035

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250821

**DATE AS OF CHANGE**: 20250821

**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:** 251239223

**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 Junior Gold Miners ETF (Series ID: S000026955)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000081187 | VanEck Junior Gold Miners ETF | GDXJ            |

## 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 Junior Gold Miners ETF

- **b. EDGAR series identifier (if any):** S000026955

- **c. LEI of Series:** 549300P2HS5GYBL1ME59

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

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

- **b. Date as of which information is reported:** 2025-06-30

**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:** $5562481079.55

**Total Liabilities:** $67968139.20

**Net Assets:** $5494512940.35

**Cash Not Reported:** $16865816.49

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000081187 | 7.53%                | 6.05%                | 3.83%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $206736727.71            | $180370294.70                              |
| Month 2  | $148719012.89            | $147969262.17                              |
| Month 3  | $51714582.56             | $149113157.80                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Endeavour Mining PLC                         | Endeavour Mining PLC                                                        | CUSIP: 000000000<br>LEI: 529900NI5MXQ91GHXR07 | Long             | EC               | CORP              | GB        |    2892737 | NS      | $88712979.77  | 1.61%             |  |  |  | No            |                  2 | On Loan: No      |
| GoGold Resources Inc                         | GoGold Resources Inc                                                        | CUSIP: 38045Y102<br>LEI: 549300PNCGJ26Y676N19 | Long             | EC               | CORP              | CA        |   11481196 | NS      | $16828429.46  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Australian Strategic Materials Ltd           | Australian Strategic Materials Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |          1 | NS      | $0.33         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| OR Royalties Inc                             | OR Royalties Inc                                                            | CUSIP: 68390D106<br>LEI: 549300TJZTXZMPQ6K004 | Long             | EC               | CORP              | CA        |    4383911 | NS      | $112710351.81 | 2.05%             |  |  |  | No            |                  1 | On Loan: —       |
| DRDGOLD Ltd                                  | DRDGOLD Ltd                                                                 | CUSIP: 26152H301<br>LEI: 529900Z0P3GRRN23MG34 | Long             | EC               | CORP              | ZA        |    1254731 | NS      | $16725564.23  | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| MAG Silver Corp                              | MAG Silver Corp                                                             | CUSIP: 55903Q104<br>LEI: 254900LGL904N7F3EL14 | Long             | EC               | CORP              | CA        |    2354642 | NS      | $49753585.46  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Metalla Royalty & Streaming Ltd              | Metalla Royalty & Streaming Ltd                                             | CUSIP: 59124U605<br>LEI: 549300RPR0O774QEKV20 | Long             | EC               | CORP              | CA        |    2410869 | NS      | $9257736.96   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| GoldMining Inc                               | GoldMining Inc                                                              | CUSIP: 38149E101<br>LEI: 5493001ARXU0JC329006 | Long             | EC               | CORP              | CA        |    6465498 | NS      | $4655158.56   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Spartan Resources Ltd/Australia              | Spartan Resources Ltd/Australia                                             | CUSIP: 000000000<br>LEI: 98450001BN8677ED6066 | Long             | EC               | CORP              | AU        |   22402944 | NS      | $29502123.59  | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Sulliden Mining Capital Inc                  | Sulliden Mining Capital Inc                                                 | CUSIP: 865125108<br>LEI: 529900XNJXY9TXU14539 | Long             | EC               | CORP              | CA        |    1689990 | NS      | $30963.54     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortuna Mining Corp                          | Fortuna Mining Corp                                                         | CUSIP: 349942102<br>LEI: 5493003Q88RVK7CW4735 | Long             | EC               | CORP              | CA        |    8707001 | NS      | $56943786.54  | 1.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Industrias Penoles SAB de CV                 | Industrias Penoles SAB de CV                                                | CUSIP: 000000000<br>LEI: 549300WA2HB7776CB324 | Long             | EC               | CORP              | MX        |    6292763 | NS      | $173790445.44 | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Triple Flag Precious Metals Corp             | Triple Flag Precious Metals Corp                                            | CUSIP: 89679M104<br>LEI: 254900R7NJ1TEYIM4E61 | Long             | EC               | CORP              | CA        |    2185857 | NS      | $51782952.33  | 0.94%             |  |  |  | No            |                  1 | On Loan: —       |
| Resolute Mining Ltd                          | Resolute Mining Ltd                                                         | CUSIP: 000000000<br>LEI: 254900MP8JONT590XY28 | Long             | EC               | CORP              | AU        |   52666629 | NS      | $21364765.25  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Wanguo Gold Group Ltd                        | Wanguo Gold Group Ltd                                                       | CUSIP: 000000000<br>LEI: 984500A4815DA9DE4623 | Long             | EC               | CORP              | KY        |   10010000 | NS      | $40284497.76  | 0.73%             |  |  |  | No            |                  2 | On Loan: —       |
| Zhaojin Mining Industry Co Ltd               | Zhaojin Mining Industry Co Ltd                                              | CUSIP: 000000000<br>LEI: 3003007KU2DRDX06PN04 | Long             | EC               | CORP              | CN        |   44669700 | NS      | $117417077.68 | 2.14%             |  |  |  | No            |                  2 | On Loan: —       |
| Gold Royalty Corp                            | Gold Royalty Corp                                                           | CUSIP: 38071H106<br>LEI: 984500FC5D5B5YDB4B90 | Long             | EC               | CORP              | CA        |    4610531 | NS      | $10189273.51  | 0.19%             |  |  |  | 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        |   65166957 | NS      | $65166957.35  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolution Mining Ltd                         | Evolution Mining Ltd                                                        | CUSIP: 000000000<br>LEI: 254900BCFW5QO5LW8F27 | Long             | EC               | CORP              | AU        |   55405494 | NS      | $287230033.95 | 5.23%             |  |  |  | No            |                  2 | On Loan: —       |
| Alkane Resources Ltd                         | Alkane Resources Ltd                                                        | CUSIP: 000000000<br>LEI: 529900R65IIVLPW4ZS42 | Long             | EC               | CORP              | AU        |   14579930 | NS      | $6888093.01   | 0.13%             |  |  |  | No            |                  2 | On Loan: —       |
| Aura Minerals Inc                            | Aura Minerals Inc                                                           | CUSIP: 000000000<br>LEI: 549300YIRI8PSDM2FV20 | Long             | EC               | CORP              | VG        |    3392305 | NS      | $29883933.12  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Prime Mining Corp                            | Prime Mining Corp                                                           | CUSIP: 74167M105<br>LEI: 5493006KEVX2PYRAXX06 | Long             | EC               | CORP              | CA        |    3771896 | NS      | $5915615.57   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Perpetua Resources Corp                      | Perpetua Resources Corp                                                     | CUSIP: 714266103<br>LEI: 529900BQBMS383SEPY05 | Long             | EC               | CORP              | CA        |    1533810 | NS      | $18620453.40  | 0.34%             |  |  |  | No            |                  1 | On Loan: —       |
| Pan African Resources PLC                    | Pan African Resources PLC                                                   | CUSIP: 000000000<br>LEI: 213800EAXURCXMX6RL85 | Long             | EC               | CORP              | GB        |   44175581 | NS      | $27695207.35  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| West African Resources Ltd                   | West African Resources Ltd                                                  | CUSIP: 000000000<br>LEI: 529900XLO8GMJNTUL013 | Long             | EC               | CORP              | AU        |   25189887 | NS      | $38100566.23  | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| G Mining Ventures Corp                       | G Mining Ventures Corp                                                      | CUSIP: 36270K102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    4319847 | NS      | $56289395.13  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SSR Mining Inc                               | SSR Mining Inc                                                              | CUSIP: 784730103<br>LEI: 549300JD2KR7AB9DYJ38 | Long             | EC               | CORP              | CA        |    6153143 | NS      | $78391041.82  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| FIREFINCH LTD.                               | FIREFINCH LTD.                                                              | CUSIP: 000000000<br>LEI: 52990065EGEF8FEI8S51 | Long             | EC               | CORP              | AU        |   54133739 | NS      | $3441225.37   | 0.06%             |  |  |  | No            |                  3 | On Loan: —       |
| K92 Mining Inc                               | K92 Mining Inc                                                              | CUSIP: 499113108<br>LEI: 254900EA8H0X9FEVZU11 | Long             | EC               | CORP              | CA        |    6016025 | NS      | $67721615.24  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Bumi Resources Minerals Tbk PT               | Bumi Resources Minerals Tbk PT                                              | CUSIP: 000000000<br>LEI: 529900KOJVEVTZ5IRE24 | Long             | EC               | CORP              | ID        | 1964106500 | NS      | $48142113.65  | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Novagold Resources Inc                       | Novagold Resources Inc                                                      | CUSIP: 66987E206<br>LEI: 529900587LVZTJ2BHS60 | Long             | EC               | CORP              | CA        |    5537245 | NS      | $22647332.05  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Silvercorp Metals Inc                        | Silvercorp Metals Inc                                                       | CUSIP: 82835P103<br>LEI: 52990092RT3UCQ7G3177 | Long             | EC               | CORP              | CA        |    6611869 | NS      | $27902087.18  | 0.51%             |  |  |  | No            |                  1 | On Loan: —       |
| Hochschild Mining PLC                        | Hochschild Mining PLC                                                       | CUSIP: 000000000<br>LEI: 549300JK10TVQ3CCJQ89 | Long             | EC               | CORP              | GB        |   10520354 | NS      | $37019401.82  | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Gold Road Resources Ltd                      | Gold Road Resources Ltd                                                     | CUSIP: 000000000<br>LEI: 213800HJWH96TDEMNY83 | Long             | EC               | CORP              | AU        |   28666044 | NS      | $62009292.90  | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Orla Mining Ltd                              | Orla Mining Ltd                                                             | CUSIP: 68634K106<br>LEI: 529900DU63EUQ1UZKL30 | Long             | EC               | CORP              | CA        |    2788103 | NS      | $27936792.06  | 0.51%             |  |  |  | No            |                  1 | On Loan: —       |
| Centerra Gold Inc                            | Centerra Gold Inc                                                           | CUSIP: 152006102<br>LEI: 549300K0HXTMP5JJ0E62 | Long             | EC               | CORP              | CA        |    5398770 | NS      | $38925131.70  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| OceanaGold Corp                              | OceanaGold Corp                                                             | CUSIP: 675222400<br>LEI: 549300CBMSE8I9N3E232 | Long             | EC               | CORP              | CA        |    6535522 | NS      | $92057705.49  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Endeavour Silver Corp                        | Endeavour Silver Corp                                                       | CUSIP: 29258Y103<br>LEI: 549300IF2E29780PPV02 | Long             | EC               | CORP              | CA        |    7544394 | NS      | $37118418.48  | 0.68%             |  |  |  | No            |                  1 | On Loan: —       |
| Wesdome Gold Mines Ltd                       | Wesdome Gold Mines Ltd                                                      | CUSIP: 95083R100<br>LEI: 254900D63U62QS84H719 | Long             | EC               | CORP              | CA        |    4558738 | NS      | $63377984.51  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Genesis Minerals Ltd                         | Genesis Minerals Ltd                                                        | CUSIP: 000000000<br>LEI: 894500AK5BVRCNP0FP48 | Long             | EC               | CORP              | AU        |   21621713 | NS      | $61895589.99  | 1.13%             |  |  |  | No            |                  2 | On Loan: —       |
| Victoria Gold Corp/Vancouver                 | Victoria Gold Corp/Vancouver                                                | CUSIP: 92625W507<br>LEI: 9845005Q1367V3D4N057 | Long             | EC               | CORP              | CA        |    1722275 | NS      | $1.26         | 0.00%             |  |  |  | No            |                  3 | On Loan: —       |
| Cia de Minas Buenaventura SAA                | Cia de Minas Buenaventura SAA                                               | CUSIP: 204448104<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | EC               | CORP              | PE        |    5530661 | NS      | $90813453.62  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Koza Anadolu Metal Madencilik Isletmeleri AS | Koza Anadolu Metal Madencilik Isletmeleri AS                                | CUSIP: 000000000<br>LEI: 789000DVKGVEC9701443 | Long             | EC               | CORP              | TR        |    6143996 | NS      | $12988758.80  | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Westgold Resources Ltd                       | Westgold Resources Ltd                                                      | CUSIP: 000000000<br>LEI: 2549003AMX9BL7CKBQ74 | Long             | EC               | CORP              | AU        |   21152393 | NS      | $40298423.37  | 0.73%             |  |  |  | No            |                  2 | On Loan: —       |
| New Found Gold Corp                          | New Found Gold Corp                                                         | CUSIP: 64440N103<br>LEI: 98450056568BF2A90783 | Long             | EC               | CORP              | CA        |    4361516 | NS      | $6233020.30   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Emerald Resources NL                         | Emerald Resources NL                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   14311117 | NS      | $37189788.35  | 0.68%             |  |  |  | No            |                  2 | On Loan: —       |
| Coeur Mining Inc                             | Coeur Mining Inc                                                            | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |   17512215 | NS      | $155158224.90 | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmony Gold Mining Co Ltd                   | Harmony Gold Mining Co Ltd                                                  | CUSIP: 413216300<br>LEI: 378900986D05F0C29811 | Long             | EC               | CORP              | ZA        |   23396095 | NS      | $326843447.15 | 5.95%             |  |  |  | No            |                  1 | On Loan: —       |
| Ramelius Resources Ltd                       | Ramelius Resources Ltd                                                      | CUSIP: 000000000<br>LEI: 254900E44AIGW7KKNR98 | Long             | EC               | CORP              | AU        |   22552932 | NS      | $37814798.41  | 0.69%             |  |  |  | No            |                  2 | On Loan: —       |
| Arizona Metals Corp                          | Arizona Metals Corp                                                         | CUSIP: 040518102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    4507449 | NS      | $3303370.47   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Dakota Gold Corp                             | Dakota Gold Corp                                                            | CUSIP: 46655E100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    3099964 | NS      | $11438867.16  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Aurelia Metals Ltd                           | Aurelia Metals Ltd                                                          | CUSIP: 000000000<br>LEI: 5493005OS7G5RY15ND07 | Long             | EC               | CORP              | AU        |   44102459 | NS      | $5491484.52   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Aris Mining Corp                             | Aris Mining Corp                                                            | CUSIP: 04040Y109<br>LEI: 5493001GJ5TILX6L1F82 | Long             | EC               | CORP              | CA        |    4498259 | NS      | $30228300.48  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Dundee Precious Metals Inc                   | Dundee Precious Metals Inc                                                  | CUSIP: 265269209<br>LEI: 549300LATVTU0EIUMD45 | Long             | EC               | CORP              | CA        |    3321173 | NS      | $53255599.30  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamos Gold Inc                              | Alamos Gold Inc                                                             | CUSIP: 011532108<br>LEI: 894500GIHFJZW7YS9660 | Long             | EC               | CORP              | CA        |   14426874 | NS      | $383177773.44 | 6.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Seabridge Gold Inc                           | Seabridge Gold Inc                                                          | CUSIP: 811916105<br>LEI: 9845003FEO1A66376A92 | Long             | EC               | CORP              | CA        |    2420826 | NS      | $35150393.52  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Perseus Mining Ltd                           | Perseus Mining Ltd                                                          | CUSIP: 000000000<br>LEI: 54930054ZDGKBCW3SM26 | Long             | EC               | CORP              | AU        |   33776471 | NS      | $76386366.33  | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Eldorado Gold Corp                           | Eldorado Gold Corp                                                          | CUSIP: 284902509<br>LEI: 5493004PWQ01YDD1IH62 | Long             | EC               | CORP              | CA        |    4405041 | NS      | $89598533.94  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Regis Resources Ltd                          | Regis Resources Ltd                                                         | CUSIP: 000000000<br>LEI: 213800XH9YUXBLYBD749 | Long             | EC               | CORP              | AU        |   16944118 | NS      | $49520510.77  | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Vault Minerals Ltd                           | Vault Minerals Ltd                                                          | CUSIP: 000000000<br>LEI: 5299008TF8KHQ8CIQG34 | Long             | EC               | CORP              | AU        |  166030152 | NS      | $46480438.65  | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Ora Banda Mining Ltd                         | Ora Banda Mining Ltd                                                        | CUSIP: 000000000<br>LEI: 984500DAD3BDFDHBD844 | Long             | EC               | CORP              | AU        |   39763840 | NS      | $20286932.64  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Lundin Gold Inc                              | Lundin Gold Inc                                                             | CUSIP: 550371108<br>LEI: 549300ZOV16K515FC525 | Long             | EC               | CORP              | CA        |    2862768 | NS      | $150848676.58 | 2.75%             |  |  |  | No            |                  1 | On Loan: —       |
| Aya Gold & Silver Inc                        | Aya Gold & Silver Inc                                                       | CUSIP: 05466C109<br>LEI: 549300BWX8KJOTUL4M51 | Long             | EC               | CORP              | CA        |    3669133 | NS      | $32940182.67  | 0.60%             |  |  |  | No            |                  1 | On Loan: —       |
| Bellevue Gold Ltd                            | Bellevue Gold Ltd                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   26781407 | NS      | $16071104.80  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Skeena Resources Ltd                         | Skeena Resources Ltd                                                        | CUSIP: 83056P715<br>LEI: 549300DCWSQFVVZ21289 | Long             | EC               | CORP              | CA        |    2372098 | NS      | $37763800.16  | 0.69%             |  |  |  | No            |                  1 | On Loan: —       |
| Greatland Resources Ltd                      | Greatland Resources Ltd                                                     | CUSIP: 000000000<br>LEI: 213800KQI75ZGE53GX44 | Long             | EC               | CORP              | AU        |    6881830 | NS      | $31120686.17  | 0.57%             |  |  |  | No            |                  1 | On Loan: —       |
| Discovery Silver Corp                        | Discovery Silver Corp                                                       | CUSIP: 254677107<br>LEI: 98450041CCB3E8QD3F53 | Long             | EC               | CORP              | CA        |   18382295 | NS      | $40146016.20  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Vizsla Silver Corp                           | Vizsla Silver Corp                                                          | CUSIP: 92859G608<br>LEI: 549300ADJF7HWIEDL366 | Long             | EC               | CORP              | CA        |    8448275 | NS      | $24837928.50  | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| New Gold Inc                                 | New Gold Inc                                                                | CUSIP: 644535106<br>LEI: 5493005G0GNCHP0H6L96 | Long             | EC               | CORP              | CA        |   21404941 | NS      | $105954457.95 | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresnillo PLC                                | Fresnillo PLC                                                               | CUSIP: 000000000<br>LEI: 549300JXWH1UV5J0XV81 | Long             | EC               | CORP              | GB        |    6076216 | NS      | $120573712.50 | 2.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Hecla Mining Co                              | Hecla Mining Co                                                             | CUSIP: 422704106<br>LEI: 5493009Y6HOBZD1QD537 | Long             | EC               | CORP              | US        |   15439174 | NS      | $92480652.26  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| NorthX Nickel Corp                           | NorthX Nickel Corp                                                          | CUSIP: 66860Q102<br>LEI: 9845003C01098TB36407 | Long             | EC               | CORP              | CA        |     179304 | NS      | $15768.77     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Torex Gold Resources Inc                     | Torex Gold Resources Inc                                                    | CUSIP: 891054603<br>LEI: 549300QL07027186GQ85 | Long             | EC               | CORP              | CA        |    2160910 | NS      | $70346370.25  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingsgate Consolidated Ltd                   | Kingsgate Consolidated Ltd                                                  | CUSIP: 000000000<br>LEI: 529900B1W7D8DLEC7178 | Long             | EC               | CORP              | AU        |    8501390 | NS      | $12697864.27  | 0.23%             |  |  |  | No            |                  2 | On Loan: —       |
| i-80 Gold Corp                               | i-80 Gold Corp                                                              | CUSIP: 44955L106<br>LEI: 549300LFFIWIGUEXPK11 | Long             | EC               | CORP              | CA        |   25994488 | NS      | $15555101.62  | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Turk Altin Isletmeleri AS                    | Turk Altin Isletmeleri AS                                                   | CUSIP: 000000000<br>LEI: 789000D7X9KM1ZIJX609 | Long             | EC               | CORP              | TR        |   31688289 | NS      | $19112860.37  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| B2Gold Corp                                  | B2Gold Corp                                                                 | CUSIP: 11777Q209<br>LEI: 549300F7OK456M5NLM05 | Long             | EC               | CORP              | CA        |   77932674 | NS      | $281336953.14 | 5.12%             |  |  |  | No            |                  1 | On Loan: —       |
| McEwen Mining Inc                            | McEwen Mining Inc                                                           | CUSIP: 58039P305<br>LEI: 5493000FX50GEWAF3U70 | Long             | EC               | CORP              | US        |    1513568 | NS      | $14545388.48  | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Equinox Gold Corp                            | Equinox Gold Corp                                                           | CUSIP: 29446Y502<br>LEI: 5493005IN4V1SNP9PN75 | Long             | EC               | CORP              | CA        |   12227868 | NS      | $70310241.00  | 1.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Pan American Silver Corp                     | Pan American Silver Corp                                                    | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |   12690572 | NS      | $360412244.80 | 6.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Capricorn Metals Ltd                         | Capricorn Metals Ltd                                                        | CUSIP: 000000000<br>LEI: 529900CRG304NUYMOV23 | Long             | EC               | CORP              | AU        |   11943042 | NS      | $75747644.72  | 1.38%             |  |  |  | No            |                  2 | On Loan: —       |
| IAMGOLD Corp                                 | IAMGOLD Corp                                                                | CUSIP: 450913108<br>LEI: 254900E7II30XAB9LA72 | Long             | EC               | CORP              | CA        |   16311457 | NS      | $119889208.95 | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| First Majestic Silver Corp                   | First Majestic Silver Corp                                                  | CUSIP: 32076V103<br>LEI: 529900PWCU5DUH1DYR51 | Long             | EC               | CORP              | CA        |   13576621 | NS      | $112278655.67 | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Caledonia Mining Corp PLC                    | Caledonia Mining Corp PLC                                                   | CUSIP: 000000000<br>LEI: 21380093ZBI4BFM75Y51 | Long             | EC               | CORP              | JE        |     451842 | NS      | $8729587.44   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandstorm Gold Ltd                           | Sandstorm Gold Ltd                                                          | CUSIP: 80013R206<br>LEI: 549300QWJPV45VQF1B33 | Long             | EC               | CORP              | CA        |    7155623 | NS      | $67262856.20  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinox Gold Corp                            | Equinox Gold Corp                                                           | CUSIP: 29446Y502<br>LEI: 5493005IN4V1SNP9PN75 | Long             | EC               | CORP              | CA        |    9174882 | NS      | $52850547.83  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Artemis Gold Inc                             | Artemis Gold Inc                                                            | CUSIP: 04302L100<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    5232289 | NS      | $94982629.92  | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-24

**Name of Applicant:** VanEck ETF Trust

**Signature:** James Parker

**Name of Signer:** James Parker

**Title:** Assistant Treasurer