VanEck Inflation Allocation ETF (RAAX)
| Assets | $89.85M |
| Expense Ratio | 0.87% |
| PE Ratio | 14.01 |
| Shares Out | 2.98M |
| Dividend (ttm) | $0.94 |
| Dividend Yield | 3.13% |
| Ex-Dividend Date | Dec 27, 2023 |
| Payout Ratio | 43.69% |
| 1-Year Return | +14.20% |
| Volume | 2,859 |
| Open | 29.94 |
| Previous Close | 29.87 |
| Day's Range | 29.94 - 29.99 |
| 52-Week Low | 24.42 |
| 52-Week High | 30.82 |
| Beta | 0.68 |
| Holdings | 13 |
| Inception Date | Apr 9, 2018 |
About RAAX
Fund Home PageThe VanEck Inflation Allocation ETF (RAAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund of funds that seeks to maximize long-term real returns. It invests in ETPs with exposure to real assets, such as real estate, commodities, natural resources, or infrastructure, and may hold up to 100% cash or equivalents. RAAX was launched on Apr 9, 2018 and is issued by VanEck.
Top 10 Holdings
97.32% of assets| Name | Symbol | Weight |
|---|---|---|
| Van Eck Real Asset Allocation | n/a | 23.19% |
| VanEck Commodity Strategy ETF | PIT | 20.98% |
| VanEck Energy Income ETF | EINC | 12.43% |
| Energy Select Sector SPDR Fund | XLE | 12.26% |
| Materials Select Sector SPDR Fund | XLB | 9.61% |
| iShares Residential and Multisector Real Estate ETF | REZ | 7.05% |
| Global X U.S. Infrastructure Development ETF | PAVE | 5.86% |
| VanEck Uranium and Nuclear ETF | NLR | 2.60% |
| VanEck Steel ETF | SLX | 2.02% |
| Invesco Water Resources ETF | PHO | 1.32% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2023 | $0.936 | Dec 29, 2023 |
| Dec 28, 2022 | $0.378 | Dec 30, 2022 |
| Dec 29, 2021 | $2.163 | Dec 31, 2021 |
| Dec 29, 2020 | $1.392 | Jan 5, 2021 |
| Dec 23, 2019 | $0.609 | Dec 30, 2019 |
| Dec 20, 2018 | $0.139 | Dec 27, 2018 |
News
Real Asset ETFs: Really Underappreciated
Last week, I moderated two panels on real assets and infrastructure for completely different sets of panelists and audiences. Despite the differences, there were many similarities among the two panels...
RAAX: Counterintuitively, Disinflation May Be Bullish For Real Assets Into 2024
The VanEck Inflation Allocation ETF is an actively managed ETF of ETFs targeting exposure to real assets. The strategy has outperformed a peer group of commodity focused or inflation hedging equity ET...
RAAX Remains A Subpar Inflation-Hedge ETF, No Reason To Buy
Federal Reserve hikes and changes in underlying economic conditions have caused inflation to go down these past few months. Lots of investments and funds are likely to underperform under these conditi...
VanEck Inflation Allocation ETF: Still Offers Some Merit, But The Core Thesis Is Diminishing
VanEck Inflation Allocation ETF: Still Offers Some Merit, But The Core Thesis Is Diminishing.
Inflation protection for your portfolio? This fund has an allocation strategy that can work to your advantage.
Even with signs that the Federal Reserve's harsh strategy to combat inflation is beginning to bear fruit, there is a lot to be said for the lessons investors learned in 2022 — especially those investo...
RAAX: We Are Not Fans Of This ETF Of ETFs
At first glance, RAAX looks like an interesting ETF, at least in concept. Then we looked deeper. This is a "fund of funds," which is not inherently bad. But we're not fans of this one.
RAAX: Soft Performance Before Inflation Took Off Is A Warning
RAAX is focused on boosting real returns (inflation-adjusted) while attempting to minimize the "downside risk during sustained market declines." Its performance is mixed. Over its relatively short tra...
Real assets may still prosper as Fed fights inflation: it's hard to get ‘inflationary genie' back in the bottle, says this ETF portfolio manager
Hi! In this week's ETF Wrap, I spoke with VanEck portfolio manager David Schassler about soaring inflation and the role of real assets in a tough environment for stocks and bonds. He also explained wh...
RAAX: Multi-Asset Class Inflation Hedge ETF, Subpar Asset Allocation Strategy
RAAX is a multi-asset class inflation ETF, providing exposure to most relevant inflation-hedge asset classes. RAAX is a reasonably good inflation hedge, with one important flaw.
RAAX Allocation ETF: Fine For Now, But Beware Of A Potential Longer-Term Deflationary Buildup
RAAX has been a useful source of alpha during heightened inflationary conditions. The Russian-Ukraine tensions and lockdowns in China will continue to aid inflationary pressures.
Markets Are Repricing Inflation - Higher For Longer
The VanEck Inflation Allocation ETF (RAAX) returned -1.08% versus +4.98% for the Bloomberg Commodity Index.
Powell's Quest To Talk Inflation Down
The top performing segment of the portfolio was income-producing assets.
Stop Trying To Forecast, Inflation Is Here
The VanEck Vectors® Inflation Allocation ETF (“RAAX”) returned +0.51% versus +1.84% for the Bloomberg Commodity Index in the month of July. RAAX is up 23.52% year-to-date. The top performing segment o...
Real Assets Responding To Real Inflation
The VanEck Vectors Real Asset Allocation ETF (“RAAX”) returned +2.86% versus +2.73% for the Bloomberg Commodity Index. RAAX continues to be positioned for higher commodity prices with a nearly 50% all...
RAAX Heats Up On Warming Inflation
The VanEck Vectors Real Asset Allocation ETF (“RAAX”) returned +3.92% versus +8.29% for the Bloomberg Commodity Index.
Optimism Builds On Infrastructure Proposal
RAAX invests in three types of real assets: financial assets, income assets and resource assets. The largest contributors to performance, from largest to smallest, were income assets with a return of ...
Bitcoin Pulls Ahead
RAAX uses a data-driven, rules-based process that leverages over 50 indicators to allocate across 12 individual real asset segments in five broad real asset sectors. RAAX invests in three types of rea...