VANECK GAMING ETF
SCHEDULE OF INVESTMENTS
June 30, 2022 (unaudited)
| Number of Shares | Value | |||||||
| COMMON STOCKS: 100.0% | ||||||||
| Australia: 12.9% | ||||||||
| Aristocrat Leisure Ltd. # | 202,978 | $ | 4,809,852 | |||||
| Lottery Corp. Ltd. * † | 772,305 | 2,400,462 | ||||||
| Star Entertainment Group Ltd. # * | 295,357 | 568,050 | ||||||
| Tabcorp Holdings Ltd. # † | 726,877 | 534,521 | ||||||
| 8,312,885 | ||||||||
| Cambodia: 0.8% | ||||||||
| NagaCorp Ltd. (HKD) # * | 620,000 | 507,980 | ||||||
| China: 7.5% | ||||||||
| Galaxy Entertainment Group Ltd. (HKD) # | 695,240 | 4,164,805 | ||||||
| Melco Resorts & Entertainment Ltd. (ADR) * | 61,978 | 356,373 | ||||||
| SJM Holdings Ltd. (HKD) # * † | 742,000 | 337,328 | ||||||
| 4,858,506 | ||||||||
| France: 2.5% | ||||||||
| La Francaise des Jeux SAEM 144A # | 46,781 | 1,620,559 | ||||||
| Greece: 1.7% | ||||||||
| OPAP SA # | 75,888 | 1,088,925 | ||||||
| Ireland: 6.3% | ||||||||
| Flutter Entertainment Plc # * | 40,382 | 4,084,071 | ||||||
| Japan: 1.3% | ||||||||
| Heiwa Corp. # | 25,300 | 375,155 | ||||||
| Sankyo Co. Ltd. # | 16,279 | 491,823 | ||||||
| 866,978 | ||||||||
| Malaysia: 4.5% | ||||||||
| Genting Bhd # | 907,800 | 936,106 | ||||||
| Genting Malaysia Bhd # | 1,192,398 | 769,564 | ||||||
| Genting Singapore Ltd. (SGD) # | 2,316,100 | 1,199,160 | ||||||
| 2,904,830 | ||||||||
| Malta: 1.0% | ||||||||
| Kindred Group Plc (SEK) (SDR) # | 74,214 | 616,549 | ||||||
| New Zealand: 0.6% | ||||||||
| SkyCity Entertainment Group Ltd. # | 213,171 | 385,602 | ||||||
| South Korea: 1.4% | ||||||||
| Kangwon Land, Inc. # * | 46,896 | 920,839 | ||||||
| Number of Shares | Value | |||||||
| Sweden: 7.8% | ||||||||
| Evolution AB 144A # | 55,167 | $ | 5,038,039 | |||||
| United Kingdom: 5.2% | ||||||||
| Entain Plc # * | 176,972 | 2,686,794 | ||||||
| Playtech Plc # * | 98,797 | 652,051 | ||||||
| 3,338,845 | ||||||||
| United States: 46.5% | ||||||||
| Boyd Gaming Corp. | 27,735 | 1,379,816 | ||||||
| Caesars Entertainment, Inc. * | 51,629 | 1,977,391 | ||||||
| Churchill Downs, Inc. | 9,624 | 1,843,285 | ||||||
| DraftKings, Inc. * † | 158,918 | 1,854,573 | ||||||
| Gaming and Leisure Properties, Inc. | 63,663 | 2,919,585 | ||||||
| International Game Technology Plc | 40,599 | 753,518 | ||||||
| Las Vegas Sands Corp. * | 124,727 | 4,189,580 | ||||||
| Light & Wonder, Inc. * | 23,821 | 1,119,349 | ||||||
| MGM Resorts International | 101,337 | 2,933,706 | ||||||
| Penn National Gaming, Inc. * | 37,450 | 1,139,229 | ||||||
| Sands China Ltd. (HKD) # * | 990,800 | 2,383,521 | ||||||
| Skillz, Inc. * † | 100,169 | 124,210 | ||||||
| VICI Properties, Inc. † | 182,446 | 5,435,066 | ||||||
| Wynn Macau Ltd. (HKD) # * † | 489,200 | 333,322 | ||||||
| Wynn Resorts Ltd. * † | 29,350 | 1,672,363 | ||||||
| 30,058,514 | ||||||||
| Total Common Stocks (Cost: $93,881,406) | 64,603,122 | |||||||
| SHORT-TERM INVESTMENT HELD AS COLLATERAL FOR SECURITIES ON LOAN: 0.7% (Cost: $420,054) | ||||||||
| Money Market Fund: 0.7% | ||||||||
| State Street Navigator Securities Lending Government Money Market Portfolio | 420,054 | 420,054 | ||||||
| Total Investments: 100.7% (Cost: $94,301,460) | 65,023,176 | |||||||
| Liabilities in excess of other assets: (0.7)% | (434,803) | |||||||
| NET ASSETS: 100.0% | $ | 64,588,373 | ||||||
Definitions:
| ADR | American Depositary Receipt |
| HKD | Hong Kong Dollar |
| SDR | Swedish Depositary Receipt |
| SEK | Swedish Krona |
| SGD | Singapore Dollar |
Footnotes:
| # | Security has been valued in good faith pursuant to guidelines established by the Board of Trustees. The aggregate value of fair valued securities is $34,504,616 which represents 53.4% of net assets. |
| † | Security fully or partially on loan. Total market value of securities on loan is $8,397,118. |
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VANECK GAMING ETF
SCHEDULE OF INVESTMENTS
(continued)
| * | Non-income producing |
| 144A | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended, or otherwise restricted. These securities may be resold in transactions exempt from registration, unless otherwise noted, and the value amounted $6,658,598, or 10.3% of net assets. |
| Summary of Investments by Sector Excluding Collateral for Securities Loaned | % of Investments | Value | ||||||
| Communication Services | 0.2 | % | $ | 124,210 | ||||
| Consumer Discretionary | 86.9 | 56,124,261 | ||||||
| Real Estate | 12.9 | 8,354,651 | ||||||
| 100.0 | % | $ | 64,603,122 | |||||
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