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.
|Compare to competition|
Based on recorded statements VanEck Vectors Biotech ETF has Net Asset of 492.86 M. This is 53.37% higher than that of the Van Eck family, and significantly higher than that of Sector category, The Net Asset for all etfs is 44.54% higher than the company.