VanEck Launches VEEM: ETF Built on MSCI Emerging Markets Analyst Sentiment Factor

VEEM targets excess returns in emerging markets by using an MSCI factor based on sell-side analyst sentiment to identify companies with improving fundamentals.

NEW YORK--(BUSINESS WIRE)--VanEck today announced the launch of the VanEck MSCI EM Analyst Sentiment ETF (Nasdaq: VEEM), giving investors a systematic, forward-looking way to access emerging markets equities using MSCI’s proprietary analyst sentiment factor. VEEM complements the recently launched VanEck MSCI EAFE Analyst Sentiment ETF (VEFA), extending the analyst sentiment-driven approach across international developed and emerging markets.

With emerging markets offering higher forecasted earnings growth at a meaningful valuation discount to developed market peers, and a softer U.S. dollar providing an additional tailwind, the asset class is gaining renewed attention from investors. The challenge is identifying which EM companies are best positioned to benefit. VEEM’s underlying index, the MSCI EM Analyst Sentiment Select Index, seeks to address this by applying a rules-based process to assign greater weight to companies with improving analyst outlooks.

The analyst sentiment signal equally weights five analyst sentiment revision categories: earnings per share, sales, cash flow, price targets and buy/sell recommendations. Stocks are scored based on standardized analyst sentiment indicators derived from revisions across those five categories. The index optimization process selects 100 stocks, subject to sector, country and individual security constraints which aim to limit ex-ante tracking error to 4% versus the MSCI Emerging Markets Index. The index rebalances quarterly in line with MSCI's standard review calendar.

“Emerging markets remain one of the largest and most dynamic opportunities in global equities, yet many investors struggle to separate potential winners from the broader opportunity set,” said Ed Lopez, Managing Director and Head of Product Management at VanEck. “VEEM combines the growth potential of emerging markets with a forward-looking analyst sentiment signal designed to identify companies with improving prospects. Together with VEFA, VEEM expands investors’ access to a consistent, rules-based approach across international developed and emerging markets.”

"We're excited to partner with VanEck on this launch, which builds on their analyst sentiment suite with a second ETF, now extending into emerging markets. As these markets continue to evolve, investors are looking for indexes that can adapt alongside them, and we're proud to support VanEck in bringing this approach to a new segment of the market,” said Christine Berg, Head of Americas Index.

Visit the VanEck MSCI EM Analyst Sentiment ETF (VEEM) and VanEck MSCI EAFE Analyst Sentiment ETF (VEFA) fund pages for more information, including portfolio holdings. The VanEck team provides regular updates and research on its website.

About VanEck

VanEck has a history of looking beyond the financial markets to identify trends that are likely to create impactful investment opportunities. We were one of the first U.S. asset managers to offer investors access to international markets. This set the tone for the firm’s drive to identify asset classes and trends – including gold investing in 1968, emerging markets in 1993, and exchange traded funds in 2006 – that subsequently shaped the investment management industry.

Today, VanEck offers active and passive strategies with compelling exposures supported by well-designed investment processes. As of July 31, 2026, VanEck managed approximately $225.7 billion in assets, including mutual funds, ETFs and institutional accounts. The firm’s capabilities range from core investment opportunities to more specialized exposures to enhance portfolio diversification. Our actively managed strategies are fueled by in-depth, bottom-up research and security selection from portfolio managers with direct experience in the sectors and regions in which they invest. Investability, liquidity, diversity, and transparency are key to the experienced decision-making around market and index selection underlying VanEck’s passive strategies.

Since our founding in 1955, putting our clients’ interests first, in all market environments, has been at the heart of the firm’s mission.

Important Disclosures

This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned are unknown. Information provided by third party sources is believed to be reliable and has not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third-party data. The information herein represents the opinion of the author(s), but not necessarily those of VanEck or its other employees.

An investment in the VanEck MSCI EM Analyst Sentiment ETF (VEEM) and VanEck MSCI EAFE Analyst Sentiment ETF (VEFA) may be subject to risks which include, but are not limited to, risks related to investments in emerging market issuers, foreign securities, foreign currency, information technology sector, financials sector, basic materials sector, industrials sector, health care sector, special risk considerations of investing in Chinese, European, Indian, Japanese, South Korean, Taiwanese and United Kingdom issuers, cash transactions, depositary receipts, equity securities, issuer-specific changes, medium- and large-capitalization companies, market, operational, index tracking, authorized participant concentration, new fund, no guarantee of active trading market, trading issues, passive management, fund shares trading, premium/discount, liquidity of fund shares, non-diversified, and index-related concentration risks, all of which may adversely affect the Funds. Emerging market issuers and foreign securities may be subject to securities markets, political and economic, investment and repatriation restrictions, different rules and regulations, less publicly available financial information, foreign currency and exchange rates, operational and settlement, and corporate and securities laws risks. Investments in Chinese issuers may entail additional risks that include, among others, lack of liquidity and price volatility, currency devaluations and exchange rate fluctuations, intervention by the Chinese government, nationalization or expropriation, limitations on the use of brokers, and trade limitations. Medium- and large-capitalization companies may be subject to elevated risks.

MSCI Emerging Markets Index captures large and mid cap representation across 24 Emerging Markets countries. With approximately 1,300 constituents, the index covers approximately 85% of the free float-adjusted market capitalization in each country.

MSCI EM Analyst Sentiment Select Index is based on the MSCI Emerging Markets Index, its parent index. The index uses an optimization process that aims to maximize the exposure to the Analyst Sentiment factor, while controlling for active risk, active specific risk and net ex-ante beta relative to the parent index.

MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data and technology, MSCI powers better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. MSCI creates industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process. To learn more, please visit www.msci.com.

Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of a Fund carefully before investing. To obtain a prospectus and summary prospectus, which contain this and other information, call 800.826.2333 or visit vaneck.com. Please read the prospectus and summary prospectus carefully before investing.

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