VanEck Vectors Unconventional Oil & Gas ETFFind Ratings Reports
- Last Ratings Update:06/30/2016
- Price as of 06/30/2016 :$16.60
- Net Assets:$89.7 Million
- Peer Rank:79 of 121
- Investment Rating:E+
We rate VanEck Vectors Unconv O&G ETF at E+. Negative factors that influence this rating include a short term portfolio management tenure. The fund may be considered for investors seeking a Sector - Energy/Natural Res strategy.
POSITIVES AND RISKS
Total return ranks well below peers over the last three years. The VanEck Vectors Unconv O&G ETF has returned an annual rate of -8.22% since inception. More recently, the fund has generated a total return of -11.70% in the last three years, -15.00% in the last year, and 26.51% in the last six months. How does that compare to other equity funds? In the last three years, it has outperformed 8% of them. It has also outpaced 13% of its competitors on a one year basis for the period ending 6/30/2016. On a year to date basis, FRAK has returned 26.51%.
Downside risk has been above average. FRAK has a draw down risk of -65.59%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 31.4%. This fund has experienced excessive volatility in its monthly performance over the last 36 months. As of 6/30/2016, the fund was trading at a price of $16.60, which is 6.7% below its 52-week high of $17.80 and 7.4% above its 52-week low of $15.46.
Low expense ratio helps performance. As FRAK is an exchange traded fund, it has no front end or back end load.
The VanEck Vectors Unconv O&G ETF is managed by George Chao at Van Eck Associates Corporation. This fund is one of 57 Van Eck Associates Corporation exchange-traded funds launched since 5/16/2006 that we track.