VanEck Green Bond ETF
$23.29+0.02 (+0.09%)
- 0.20%
- $194M
- −0.3%
- 4.55%
- 0M sh
- $23.23
- low $23.10high $24.64
The ETF.net GRNB Grade
A
Score 78 out of 100
- 1 of 29
Score 78 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A96 out of 100Rank 2 of 29Mission
Whether the fund did what it promised, tested against its stated mandate.A92 out of 100Rank 13 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B67 out of 100Rank 9 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D27 out of 100Rank 25 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A99 out of 100Rank 1 of 29Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C50 out of 100Rank 18 of 29
Our read on GRNB
AIts peer group is stacked with total-bond-market giants. GRNB goes narrow instead: only dollar-denominated green bonds funding environmental projects, issued worldwide by governments, supranationals and companies. A 2017-vintage specialist at 0.20%.
The fund seeks to track the S&P Green Bond U.S. Dollar Select Index before fees and expenses. The index covers U.S.-dollar-denominated green bonds financing environmentally friendly projects and issued globally by supranational, government, and corporate entities.
Why people hold it
- The mandate is the point: bonds whose proceeds fund environmentally friendly projects, tracked to the S&P Green Bond U.S. Dollar Select Index instead of a generic aggregate benchmark.vaneck.com
- 0.20% a year runs below the typical fund in its category, and it sits in the top quartile of a large aggregate-bond peer group on how closely it tracks and what it holds.
- Global sourcing, dollar pricing: supranational, government and corporate issuers, roughly 500 bonds, all USD-denominated, so no currency translation layered on top.
- Distributions land monthly, and the fund has been running since 2017.
Worth knowing
- Thinly traded next to core bond giants like BND, so spreads and order type matter more here.
- Green describes what the proceeds fund, not an issuer's whole business; the credit still sits with governments, supranationals and companies.
- The screen costs extra: plain aggregate rivals like BND and SPAB list expense ratios near 0.03%.
GRNB Holdings
- Other
- 476
- 9%
- European Investment Bank
Sectors
- Industrials100.0%
Geography
- United States36.15%
- Hong Kong8.23%
- Cayman Islands6.61%
- South Korea6.31%
- Luxembourg6.11%
- United Arab Emirates5.03%
- Chile3.27%
- Netherlands2.69%
- 25.60%
Developed 45% · Emerging 55%
GRNB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
GRNB$9,974
Returns run to the Oct 12, 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.
| Period | GRNB |
|---|---|
| Year to date | −1.2% |
| 1 month | −0.8% |
| 3 months | −1.6% |
| 1 year | −0.3% |
| 3 years | +5.3% |
| 5 years | +0.7% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GRNB |
|---|---|---|
| 2026 YTD | −1.2% | |
| 2025 | +7.1% | |
| 2024 | +3.3% | |
| 2023 | +7.1% | |
| 2022 | −11.9% | |
| 2021 | −2.3% | |
| 2020 | +8.0% |
GRNB in the news
GRNB Dividends
- 4.55%
- $1.06
- $0.09 per share
- Monthly
Distribution history
GRNB Risk
- 4.5%
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.
- 0.10
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.
- −16.4%
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.
- 0.69
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GRNB Cost
0.20%
GRNB0.20%
- The middle half of Global Aggregate Bond (Unhedged) funds
- Median 0.45%
1 of the 28 Global Aggregate Bond (Unhedged) funds charge less.
Other funds in Global Aggregate Bond (Unhedged)
- ADFGPDimensional - Global Core Plus Fixed Income ETFExpense ratio 0.23%1 year return −0.9%
- ABNDWVanguard Total World Bond ETFExpense ratio 0.05%1 year return −1.4%
- ADFGXDimensional - International Core Fixed Income ETFExpense ratio 0.21%1 year return −0.8%
- AFBNDFidelity Total Bond ETFExpense ratio 0.36%1 year return −1.9%
- ADFSBDimensional - Global Sustainability Fixed Income ETFExpense ratio 0.24%1 year return −0.6%