VanEck Preferred Securities ex Financials ETF
VanEck ETF Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
VanEck Preferred Securities ex Financials ETF is a U.S. equity index ETF that tracks the ICE Exchange-Listed Fixed & Adjustable Rate Non-Financial Preferred Securities Index.
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Features
- Non-diversified
Fund profile
As filed in the prospectus · 2026 Q2
VanEck Preferred Securities ex Financials ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE Exchange-Listed Fixed & Adjustable Rate Non-Financial Preferred Securities Index (the Preferred Securities Index or the Index).
The fund uses a passive indexing approach to track the ICE Exchange-Listed Fixed & Adjustable Rate Non-Financial Preferred Securities Index, holding a portfolio of U.S.-listed hybrid debt, preferred stock, and convertible preferred stock issued by non-financial corporations. The fund is classified as non-diversified and may invest a greater percentage of its assets in a particular issuer. Because the fund concentrates its holdings to the extent the index itself concentrates in particular industries—utilities, real estate, communication services, and industrials as of December 2025—performance will diverge from the index to the degree the fund's actual portfolio weights differ from index weights.
| Share class | Expense ratio |
|---|---|
| PFXF | 0.40% |
Portfolio turnover 31.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.19% |
| Cash & short-term | 2.58% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Utilities | 25.6% |
| Information Technology | 21.1% |
| Industrials | 11.2% |
| Financials | 8.8% |
| 9 smaller | 33.3% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Largest new: NEXTERA ENERGY INC, PPL CORPORATION, NEXTERA ENERGY CAPITAL, QWEST CORP ×2, WHIRLPOOL CORP
Largest exited: Qwest Corp ×2, QVC INC, QVC GROUP INC
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | The BOEING CO | 9.67% | $67.30 | $254.08M | 3.8M |
| — | STRATEGY INC | 6.27% | $84.86 | $164.70M | 1.9M |
| — | ORACLE CORP | 5.61% | $44.95 | $147.57M | 3.3M |
| — | HP ENTERPRISE CO | 4.33% | $115.66 | $113.91M | 984.9K |
| — | ALBEMARLE CORP | 3.18% | $55.35 | $83.59M | 1.5M |
| — | MICROCHIP TECHNOLOGY INC | 2.85% | $76.71 | $74.80M | 975.1K |
| — | NEXTERA ENERGY INC | 2.75% | $47.94 | $72.40M | 1.5M |
| — | NEXTERA ENERGY INC | 2.65% | $53.14 | $69.78M | 1.3M |
| GVMXX | State Street Global AdvisorsGVMXX | 2.58% | — | $67.70M | — |
| — | SOUTHERN CO | 2.48% | $49.74 | $65.32M | 1.3M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 42.38% of net assets, top 25 62.51%, across 69 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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