Skip to content
etf.net

GENZ

GradeCNASDAQ Global Market

VanEck Digital Native Economy ETF

Themes · VanEck · Inception 2008-01-22 · SEC filings

$37.46−0.55 (−1.45%)

As of Sep 23, 2026, 1:33 PM EDT

Intraday session: down, 10 prints from 38.01 to 37.46. Range 37.30 to 38.00. Use the arrow keys to read each point.$37.60$37.80$38.0010 AM12 PM2 PM4 PM
Expense ratio
0.51%
Fund size
$17M
1Y return
−13.9%
Yield · Last 12 months
3.59%
Holdings
38
Volume · 30D
0M sh
NAV per share
$38.26
52W range
low $33.43high $46.29

The ETF.net GENZ Grade

C

49/ 100

Rank 4 of 11 in Consumer Lifestyle⁠

Confidence Low

Six-pillar profile for GENZ. Scores out of 100: Cost 59, Risk 32, Mission not scored, Tradability 48, Holdings 41, Durability 72. Strongest: Durability (72). Weakest: Risk (32). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 49 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 59
    Category rank5/11 · top 45%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 32
    Category rank10/11 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 48
    Category rank4/11 · top 36%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 41
    Category rank7/9 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 72
    Category rank4/11 · top 36%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on GENZ

ETF.net Research

CLongevity is rare in thematics: GENZ dates back to 2008 and today tracks the MarketVector Digital Native Economy Index, roughly 40 US stocks, for 0.51% a year, below its peer group's median fee.

Stated mandate

GENZ seeks to replicate the MarketVector Digital Native Economy Index before fees and expenses. It uses a passive approach and normally invests at least 80% of assets in securities comprising that index.

Why people hold it

  1. 01At 0.51% a year it undercuts the 0.57% median fee in its thematic peer group, so the theme doesn't carry a novelty markup.
  2. 02Rules over hunches: it replicates the MarketVector Digital Native Economy Index and normally keeps at least 80% of assets in that index's securities.
  3. 03A 2008 launch is old age in thematic land. This fund has traded through multiple full market cycles under the same issuer.

Worth knowing

  1. 01Thinly traded with a small asset base, so spreads tend to be wider and the cost of getting in and out is a real part of the bill.
  2. 02Roughly 40 stocks in one theme. Individual names move the fund, and swings can run deeper than a broad US equity index.
  3. 03Cheaper tech-theme options sit in the same cohort (LRND at 0.14%, TECB at 0.30%), and GENZ lands in the lower half of that peer group on our review.

GENZ Holdings

As of Sep 20, 2026, 6:07 AM
Asset class
Stocks
Holdings
38
Top-10 weight
72%
Largest holding
Other/Cash10.0%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Other/Cash9.98%0$2M45
002SHOPShopify Inc9.62%13,996$2M111
003SCHWCharles Schwab Corp/The8.92%15,957$2M385
004UBERUber Technologies Inc8.36%22,071$2M424
005NTESNetease Inc7.52%12,064$1M43
006TTWOTake-Two Interactive Software Inc6.27%5,567$1M319
007DASHDoordash Inc5.87%5,641$1M339
008ABNBAirbnb Inc5.85%6,598$1M405
009RBLXRoblox Corp5.21%20,525$975K177
010CMECme Group Inc4.68%3,228$875K361
011HOODRobinhood Markets Inc4.65%7,928$871K331
012EBAYEbay Inc3.66%6,064$685K370
013NUNu Holdings Ltd/Cayman Islands2.91%39,387$545K151
014DKNGDraftkings Inc2.91%24,217$544K125
015PYPLPaypal Holdings Inc2.47%8,734$462K372

Showing 1–15 of 40 holdings

GENZ Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

GENZ$8,607
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. GENZ $8,607. SPY $11,723. Use the arrow keys to read each point.$7,273$9,684$12,094Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for GENZ. Periods over one year show the average yearly return.
PeriodGENZ
Year to date−7.0%
1 month−5.8%
3 months+4.7%
1 year−13.9%
3 years+0.4%per year
5 years−3.7%per year
10 years+2.6%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GENZ
YearReturn barGENZ
2026 YTD−7.0%
2025+4.1%
2024−1.4%
2023+11.5%
2022−12.8%
2021−4.3%
2020+12.7%

GENZ in the news

ETF.net Research hasn’t filed on GENZ yet — coverage lands here as it’s written.

GENZ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
3.59%Last 12 months
Payout per share
$1.36Last 12 months
Last payment
$1.36 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2017–2026

One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 18, 2017 $1.08; Dec 20, 2018 $1.13; Dec 23, 2019 $1.23; Dec 21, 2020 $0.22; Dec 20, 2021 $0.35; Dec 19, 2022 $0.17; Dec 18, 2023 $0.71; Dec 23, 2024 $1.17; Dec 22, 2025 $1.36. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 22, 2025Dec 26, 2025$1.36
Dec 23, 2024Dec 24, 2024$1.17
Dec 18, 2023Dec 22, 2023$0.71
Dec 19, 2022Dec 23, 2022$0.17
Dec 20, 2021Dec 27, 2021$0.35
Dec 21, 2020Dec 28, 2020$0.22
Dec 23, 2019Dec 30, 2019$1.23
Dec 20, 2018Dec 27, 2018$1.13
Dec 18, 2017Dec 22, 2017$1.08
Dec 19, 2016Dec 23, 2016$1.07
Dec 21, 2015Dec 28, 2015$1.30
Dec 22, 2014Dec 29, 2014$1.88

GENZ Risk

How much the fund’s monthly returns vary, scaled to a year.
18.5%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.18
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−37.2%
Trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.95
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

GENZ Cost

Expense ratio0.51%
  • The middle half of Consumer Lifestyle funds
  • Median 0.58%

4 of the 11 Consumer Lifestyle funds charge less.

GENZ costs $51.00 a year on $10,000. The median Consumer Lifestyle fund costs $58.00.