Summary
VanEck Natural Resources ETF is an ETF - a fund traded on an exchange like a stock - run by VanEck. Positions inside: 149. The ten largest make up 37% of the fund.
- Yearly costs
- 0.41%
- Fund size
- $330.6M
- Positions
- 149
- Dividend yield
- 1.83%
- Running since
- 2008
What speaks for it
- Average yearly growth over the last ten years: 9.0%.
- It has been running since 2008.
What to watch
Nothing here calls for caution.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -1.1%
- 3 months
- +8.1%
- This year
- +25%
- 1 year
- +31%
- 3 years
- +54%
- 5 years
- +55%
- 10 years
- +138%
- Avg. market cap
- $178.6B
- P/E
- 17.5x
- Forward P/E
- 11.9x
- P/S
- 1.2x
- P/B
- 2.2x
- P/FCF
- 14.6x
- EV/EBITDA
- 8.6x
- Dividend yield
- 2.18%
- ROIC
- -10.3%
- ROE
- 15.5%
- Gross margin
- 36.6%
- Operating margin
- 21.8%
- Net margin
- 14.0%
- Payout ratio
- 38.2%
- Net debt/EBITDA
- 1.7x
- Beta
- 0.54
Weighted average of the 50 largest companies, which make up 75% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 XOExxon Mobil XOM 5.6%
- 2 CVChevron CVX 5.4%
- 3 DEDeere & Co. DE 5.1%
- 4 IBIberdrola IBE.MC 4.2%
- 5 NENextEra Energy NEE 3.4%
- 6 BABayer AG BAYN.DE 3.3%
- 7 BHBHP Group Limited BHP 2.8%
- 8 SHShell SHEL 2.4%
- 9 VYVylor Inc. VYLR 2.4%
- 10 NTNutrien Ltd. NTR 2.2%
Positions in the fund: 149. The ten largest make up 37% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy sector
- Basic materials 36%
- Energy 31%
- Industrials 12%
- Utilities 9.1%
- Consumer defensive 6.2%
- Other 5.3%
By country
- United States 49%
- Canada 15%
- United Kingdom 7.4%
- Spain 4.8%
- Other countries 25%
By company size
- Mega cap 19%
- Large cap 76%
- Mid cap 4.9%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Basic materials (36%). Largest country: United States (49%). Largest size group: Large cap (76%).
What does it cost me?
Usual costs- A year from $10,000
- $41.00
- Over 20 years
- $1,997
From every $10,000 invested the fund takes $41.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,997.
How has it done?
Growing over the long run- A year on average, 10 years
- +9.0%
- Deepest drop
- -26%
- Yearly volatility
- 16%
Average yearly growth over the last ten years: 9.0%. Deepest drop in these years: 26% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.83%
- Payments a year
- 1
- Last payment
- $1.36
Over the last 12 months it paid $1.36 per share, which is 1.83% of today's price. The last payment was $1.36 on Dec 22, 2025.
Is it easy to buy and sell?
Yes- Traded a day
- $2.40M
- Shares a day
- 32K
On an average day about $2.40M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 17.5
- Average Bulios Score
- 63 out of 100
Weight by Bulios Fair Price
- Undervalued 25%
- Fairly valued 9.6%
- Overvalued 65%
On average the companies inside trade for 17.5 times their yearly profit. By Fair Price, 65% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 75% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
GN GNR State Street SPDR S&P Global Natural Resources ETF | United States | 0.40% | $5.27B | +31% | Pays out | 38% |
IG IGE iShares North American Natural Resources ETF | United States | 0.37% | $831.5M | +39% | Pays out | 35% |
NA NANR State Street SPDR S&P North American Natural Resources ETF | United States | 0.35% | $847.1M | +39% | Pays out | 33% |
GU GUNR Northern Trust Morningstar Global Upstream Natural Resources ETF | United States | 0.47% | $7.15B | +26% | Pays out | 30% |
FT FTWO Strive Natural Resources and Security ETF | United States | 0.49% | $59.8M | +14% | Pays out | 25% |
AV AVIE Avantis Inflation Focused Equity ETF | United States | 0.25% | $7.66M | +31% | Pays out | 25% |