Net Asset AnalysisNet Asset is current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assest is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
About Net AssetNet Asset is the value used in calulating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formullay that uses closing prices of all positions in the fund's portfolio.
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Based on recorded statements VanEck Vectors Biotech ETF has Net Asset of 428.32M. This is much higher than that of the VanEck family, and significantly higher than that of Health category, The Net Asset for all etfs is over 1000% lower than the firm.