VanEck Algorand ETN

ISIN DE000A3GWNE8

 | 

WKN A3GWNE

TER
1.50% p.a.
Distribution policy
Accumulating
Replication
Full replication
Fund size
2 m
 

Overview

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Description

The product tracks the value of the cryptocurrency Algorand.
 
The ETN's TER (total expense ratio) amounts to 1.50% p.a.. The ETN replicates the performance of the underlying index with a collateralised debt obligation which is backed by physical holdings of the cryptocurrency.
 
The VanEck Algorand ETN is a very small ETN with 2m Euro assets under management. The ETN was launched on 24 March 2022 and is domiciled in Liechtenstein.
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Chart

Basics

Data

Index
Algorand
Investment focus
Cryptocurrencies
Fund size
EUR 2 m
Total expense ratio
1.50% p.a.
Replication Physical (Physically backed)
Legal structure ETN
Strategy risk Long-only
Sustainability No
Fund currency USD
Currency risk Currency unhedged
Volatility 1 year (in EUR)
91.47%
Inception/ Listing Date 24 March 2022
Distribution policy Accumulating
Distribution frequency -
Fund domicile Liechtenstein
Fund Provider VanEck
Tax data Bundesanzeiger
Germany No tax rebate
Switzerland Unknown
Austria Unknown
UK Unknown
Indextype -
Swap counterparty -
Collateral manager -
Securities lending No
Securities lending counterparty -

Similar ETNs

This section provides you with information on other ETNs with a similar investment focus to the VanEck Algorand ETN.
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How do you like our ETF profile? Here you'll find our Questionnaire.

ETF Savings plan offers

Here you can find information about the savings plan availability of the ETF. You can use the table to compare all savings plan offers for the selected savings rate.
 
Broker Rating Execution fee Account fee
0.00€
0.00€
View offer*
0.00€
0.00€
View offer*
Source: justETF Research; As of 11/2024; *Affiliate link
— The offers are sorted in the following way: 1. Rating 2. Execution fee 3. Number of ETF savings plans.
— No guarantee can be given for the completeness and correctness of the information listed. The information provided by the online brokers is decisive. In addition to the indicated broker fees, additional costs (e.g. spreads, gratuities and product costs) may apply.

Order fees

Here you can find information about different brokers that allow you to trade ETFs. Select your preferred order volume to compare the fees charged by the respective brokers.
 
Broker Rating Order fee ETF savings plans
0.99€
2593
View offer*
0.00€
1624
View offer*
0.00€
1087
View offer*
0.00€
897
View offer*
5.90€
1706
View offer*
Show all offers
Source: justETF Research; As of 11/2024; *Affiliate link
— The offers are sorted in the following way: 1. Rating 2. Order fee 3. Number of ETF savings plans.
— No guarantee can be given for the completeness and correctness of the information listed. The information provided by the online brokers is decisive. In addition to the indicated broker fees, additional costs (e.g. spreads, gratuities and product costs) may apply.

Performance

Returns overview

YTD -20.50%
1 month +54.47%
3 months +48.44%
6 months +4.97%
1 year +27.52%
3 years -
5 years -
Since inception (MAX) -79.14%
2023 +29.19%
2022 -
2021 -
2020 -

Monthly returns in a heat map

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
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Risk overview

Volatility 1 year 91.47%
Volatility 3 years -
Volatility 5 years -
Return per risk 1 year 0.30
Return per risk 3 years -
Return per risk 5 years -
Maximum drawdown 1 year -68.83%
Maximum drawdown 3 years -
Maximum drawdown 5 years -
Maximum drawdown since inception -90.84%

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
XETRA EUR VGND -
-
-
-
-
gettex EUR VGND -
-
-
-
-

Further information

Further ETNs on Algorand

Fund name Fund Size in m € (AuM) TER p.a. Distribution Replication
CoinShares Physical Staked Algorand 14 0.00% p.a. Accumulating Full replication
21Shares Algorand ETP 7 2.50% p.a. Accumulating Full replication

Frequently asked questions

What is the name of VGND?

The name of VGND is VanEck Algorand ETN.

What is the ticker of VanEck Algorand ETN?

The primary ticker of VanEck Algorand ETN is VGND.

What is the ISIN of VanEck Algorand ETN?

The ISIN of VanEck Algorand ETN is DE000A3GWNE8.

What are the costs of VanEck Algorand ETN?

The total expense ratio (TER) of VanEck Algorand ETN amounts to 1.50% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.

What's the fund size of VanEck Algorand ETN?

The fund size of VanEck Algorand ETN is 2m Euro. See the following article for more information about the size of ETFs.

Track your ETF strategies online

— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.