VanEck Real Assets ETF (RAAX)
VanEck Real Assets ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $40.55, down 0.39% on the session, giving a market capitalisation of $1.20B. Its beta of 0.65 implies it has historically moved less than the broad market.
The VanEck Real Assets ETF, identified as RAAX, strives to deliver robust long-term overall returns. Its strategy focuses on maximizing inflation-adjusted gains while simultaneously aiming to cushion against potential losses during periods of significant market decline. The Fund primarily achieves this by investing in exchange-traded products that provide access to a diversified portfolio of tangible assets. This includes resource-focused investments such as commodities and natural resource companies, as well as income-generating real assets like Real Estate Investment Trusts (REITs), infrastructure developments, and Master Limited Partnerships (MLPs). Additionally, the ETF allocates capital to gold, encompassing both the precious metal itself and the equities of gold mining companies.
VanEck Real Assets ETF is most often compared with the following Financial Services names: