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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