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VanEck Green Bond ETF (GRNB)



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Upturn Advisory Summary
08/14/2025: GRNB (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type ETF | Historic Profit 8.4% | Avg. Invested days 48 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | ETF Returns Performance ![]() |
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Key Highlights
Volume (30-day avg) - | Beta 0.8 | 52 Weeks Range 22.67 - 24.21 | Updated Date 06/29/2025 |
52 Weeks Range 22.67 - 24.21 | Updated Date 06/29/2025 |
Upturn AI SWOT
VanEck Green Bond ETF
ETF Overview
Overview
The VanEck Green Bond ETF (GRNB) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the S&P Green Bond Select Index. The fund primarily invests in investment-grade green bonds issued to finance environmentally beneficial projects. It focuses on diversification within the green bond market across sectors and issuers.
Reputation and Reliability
VanEck has a solid reputation as a provider of thematic and niche ETFs with a long track record in the ETF market.
Management Expertise
VanEck has experienced portfolio managers specializing in fixed income and thematic investments.
Investment Objective
Goal
To replicate, before fees and expenses, the price and yield performance of the S&P Green Bond Select Index.
Investment Approach and Strategy
Strategy: The ETF aims to track the S&P Green Bond Select Index, a rules-based index designed to measure the performance of global green bonds.
Composition Primarily comprised of investment-grade green bonds issued by corporations, sovereign entities, and supranational organizations.
Market Position
Market Share: Unavailable. Market share data for green bond ETFs fluctuates and is not readily available for a precise figure.
Total Net Assets (AUM): 22180000
Competitors
Key Competitors
- ICLN
- QCLN
- PBW
Competitive Landscape
The competitive landscape for green bond ETFs is growing, with various providers offering different approaches to green bond investing. GRNB competes with other ESG-focused and thematic bond ETFs. The advantages of GRNB include its focus on green bonds as defined by the S&P index. A potential disadvantage is that it may be more concentrated than broader ESG bond funds.
Financial Performance
Historical Performance: Historical financial performance data for GRNB can be sourced from fund fact sheets.
Benchmark Comparison: The ETF's performance should be compared to the S&P Green Bond Select Index to assess tracking error.
Expense Ratio: 0.2
Liquidity
Average Trading Volume
The average trading volume for GRNB varies and reflects market interest in green bonds.
Bid-Ask Spread
The bid-ask spread for GRNB depends on market conditions and trading activity; it should be monitored for trading costs.
Market Dynamics
Market Environment Factors
Demand for ESG investments, government incentives for green projects, and investor awareness of climate change issues all impact GRNB.
Growth Trajectory
GRNB's growth is tied to the overall growth of the green bond market and increasing investor demand for sustainable investments; strategy and holdings adjustments align with the S&P Green Bond Select Index methodology.
Moat and Competitive Advantages
Competitive Edge
GRNB benefits from the growing investor interest in ESG and green bonds, offering a relatively pure-play exposure to this asset class. VanEck's expertise in thematic ETFs and the established S&P Green Bond Select Index provide additional competitive advantages. GRNB's clear focus on bonds directly financing environmentally friendly projects is also a key differentiator. Furthermore, its relatively low expense ratio compared to some peers makes it an attractive option. Finally, the brand recognition of VanEck can help to increase the fundu2019s visibility.
Risk Analysis
Volatility
GRNB's volatility is influenced by interest rate risk and credit risk within the bond market.
Market Risk
The main risks include interest rate fluctuations, creditworthiness of issuers, and potential changes in the definition of 'green' bonds.
Investor Profile
Ideal Investor Profile
Investors seeking fixed income exposure with an ESG focus and those who want to allocate capital to environmentally beneficial projects.
Market Risk
Suitable for long-term investors with a moderate risk tolerance who want to align their investments with sustainability goals.
Summary
The VanEck Green Bond ETF (GRNB) offers exposure to the global green bond market, tracking the S&P Green Bond Select Index. It primarily holds investment-grade bonds issued to fund environmentally friendly projects, making it a compelling choice for ESG-focused investors. The fund is subject to interest rate and credit risks, but provides a relatively liquid and accessible way to invest in green bonds. With a reasonable expense ratio, GRNB is suitable for long-term investors seeking to align their portfolios with sustainability goals. Its performance is directly correlated to the growth and acceptance of green bonds as an asset class.
Peer Comparison
Sources and Disclaimers
Data Sources:
- VanEck official website
- S&P Dow Jones Indices
- ETF.com
- Morningstar
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions. Market data and AUM figures are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About VanEck Green Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website |
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of bonds issued for qualified green purposes and seeks to measure the performance of U.S. dollar denominated green-labeled bonds issued globally.

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