VANECK

BIOTECH

ETF

SCHEDULE

OF

INVESTMENTS

June

30,

2024

(unaudited)

1

FootnoteRuleAboveBlank

Footnotes:

Number

of

Shares

Value

COMMON

STOCKS

:

100.0%

China

:

3.1%

BeiGene

Ltd.

(ADR) *

95,450

$

13,617,852

Underline

Germany

:

2.0%

BioNTech

SE

(ADR) *

108,659

8,731,837

Underline

Ireland

:

4.4%

ICON

Plc

(USD) *

60,789

19,055,528

Underline

Switzerland

:

1.0%

CRISPR

Therapeutics

AG

(USD) *

†

77,628

4,192,688

Underline

United

States

:

89.5%

Alnylam

Pharmaceuticals,

Inc. *

59,299

14,409,657

Amgen,

Inc.

213,907

66,835,242

Argenx

SE

(ADR) *

†

50,821

21,855,063

Biogen,

Inc. *

84,287

19,539,412

BioMarin

Pharmaceutical,

Inc. *

133,522

10,992,866

Bio-Techne

Corp.

142,209

10,189,275

Charles

River

Laboratories

International,

Inc. *

47,089

9,727,646

Cytokinetics,

Inc. *

59,126

3,203,447

Exact

Sciences

Corp. *

149,224

6,304,714

Gilead

Sciences,

Inc.

457,573

31,394,084

GRAIL

INC *

24,893

382,605

Illumina,

Inc. *

149,358

15,589,988

Incyte

Corp. *

147,575

8,945,996

IQVIA

Holdings,

Inc. *

99,324

21,001,067

Number

of

Shares

Value

United

States

(continued)

Moderna,

Inc. *

146,787

$

17,430,956

Natera,

Inc. *

105,064

11,377,381

Neurocrine

Biosciences,

Inc. *

90,818

12,502,914

QIAGEN

NV

212,555

8,733,885

Regeneron

Pharmaceuticals,

Inc. *

34,115

35,855,888

Repligen

Corp. *

45,185

5,696,021

Sarepta

Therapeutics,

Inc. *

†

80,870

12,777,460

Vertex

Pharmaceuticals,

Inc. *

92,069

43,154,582

387,900,149

Total

Common

Stocks

(Cost:

$441,199,990)

433,498,054

SHORT-TERM

INVESTMENT

HELD

AS

COLLATERAL

FOR

SECURITIES

ON

LOAN:

0.1%

Money

Market

Fund:

0.1%

(Cost:

$425,945)

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

425,945

425,945

Total

Investments:

100.1%

(Cost:

$441,625,935)

433,923,999

Liabilities

in

excess

of

other

assets:

(0.1)%

(352,865)

NET

ASSETS:

100.0%

$

433,571,134

Definitions:

ADR

American

Depositary

Receipt

USD

United

States

Dollar

*

Non-income

producing

†

Security

fully

or

partially

on

loan.

Total

market

value

of

securities

on

loan

is

$8,640,265.