ETF Evaluator:
VanEck Wealth Builder ETF ()
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Best Performing in Global Moderate Allocation Over the Last Year
| 24.7% | State Street® Multi-Asset Real Ret ETF (RLY) |
| 13.1% | Cambria Global Asset Allocation ETF (GAA) |
| 11.8% | GMO Dynamic Allocation ETF (GMOD) |
| 9.7% | JPMorgan Flexible Income ETF (JFLI) |
| 9.6% | Arrow Dow Jones Global Yield ETF (GYLD) |
Risk
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Risk
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ETF Details
VanEck Wealth Builder ETF Overview
VanEck Wealth Builder ETF (WBMO) is an actively managed Allocation Global Moderate Allocation exchange-traded fund (ETF). VanEck launched the ETF in 2026.
The investment seeks long-term capital appreciation and current income.
Under normal market circumstances, in exchange-traded products (“ETPs”) that provide exposure to equity securities, fixed income securities, and real assets. The fund’s investments in underlying ETPs (“Underlying ETPs”) include ETPs advised or sub-advised by the Adviser or its affiliates and ETPs managed by unaffiliated third-party investment advisers. It is non-diversified.
About VanEck Wealth Builder ETF (WBMO)
There are 2 members of the management team with an average tenure of 0.01 years: David Schassler (2026) and John Lau (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
VanEck Wealth Builder ETF has 36 securities in its portfolio. The top 10 holdings constitute 72.7% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
VanEck Wealth Builder ETF is part of the Allocation global asset class and is within the Allocation ETF group. VanEck Wealth Builder ETF has 24.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 51.1% There is 20.2% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 27.1% (22.5% domestic bond, 4.6% foreign bond and 0.0% convertible bond). VanEck Wealth Builder ETF has 1.1% of the portfolio in cash.
Assets Under Management
The fund has $249 million in total assets, which is below the $465 million average for the Global Moderate Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
WBMO Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The VanEck Wealth Builder ETF expense ratio is below average compared to funds in the Global Moderate Allocation category. VanEck Wealth Builder ETF has an expense ratio of 0.26%, which is 66% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. VanEck Wealth Builder ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 63% for the Global Moderate Allocation category.
Recently, in the month of October 2026, VanEck Wealth Builder ETF returned 0.0%, which earned it a grade of NA, as the Global Moderate Allocation category had an average return of 0.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
VanEck Wealth Builder ETF has a trailing yield of 0.00%, which is below the 4.21% category average.
The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
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WBMO Trailing NAV Total Returns Data as of 10/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| WBMO Return (NAV) | na | na | na | na | na | na |
| WBMO Return (Price) | na | na | na | na | na | na |
| NAV +/- Price Return | na | na | na | na | na | na |
| Global Moderate Allocation Avg | 0.2% | -0.6% | 8.7% | 14.5% | 6.2% | 7.0% |
| WBMO Grade (NAV) | na | na | na | na | na | na |
| +/- Category (NAV) | na | na | na | na | na | na |
| WBMO Tax-Cost Ratio | na | na | na | na | na | na |
WBMO Annual NAV Total ReturnsData as of 10/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| WBMO Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| WBMO Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Global Moderate Allocation Avg | 6.9% | 15.5% | 8.5% | 10.3% | -9.7% | 16.1% | 1.4% | 18.4% | -7.9% | 12.9% | 10.8% |
| WBMO Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 0 Mil |
| Share Class Assets: | $ 0 Mil |
| Turnover: | na |
| Expense Ratio: | 0.26% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 0.0 years | |||
| Average Tenure: 0.0 years | |||
| Managers (Year): Schassler David (2026), Lau John (2026) | |||
Portfolio Composition (as of 10/31/26)
| # of Holdings: | 36 |
| % in Top 10 Holdings: | 72.7% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 24.8% |
Portfolio Allocation |
|
| Domestic Stock: | 51.1% |
| Foreign Stock: | 20.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 22.5% |
| Foreign Bond: | 4.6% |
| Convertible Bond: | 0.0% |
| Other: | 0.5% |
| Cash: | 1.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | VanEck |
| Phone Number: | 800-826-2333 |
| Website: | www.vaneck.com |
| Inception Date: | October 26, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.26% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.77% |
