Key Takeaways
- • VanEck launched the VanEck Wealth Builder ETF (NYSE: WBMO), an actively managed, all-in-one ETF combining global stocks and bonds with real assets and a measured bitcoin allocation, according to a Business Wire release.
- • WBMO carries a 0.33% gross expense ratio and a 0.26% net expense ratio after fee waivers, with VanEck selecting investments, managing allocation and rebalancing the portfolio.
- • The fund brings the Wealth Builder model portfolio strategy, previously available to financial advisors through third-party wealth management platforms, to a broader investor base.
- • WBMO takes an open-architecture approach, drawing on both VanEck and third-party ETFs, and may invest a portion of net assets in digital asset ETPs but does not hold digital assets directly.
- • VanEck, which managed approximately $244.1 billion as of September 30, 2026, positions the fund around 10-year macro trends and argues the 60/40 portfolio no longer suffices.
Summary
VanEck has launched the VanEck Wealth Builder ETF (NYSE: WBMO), an actively managed, all-in-one exchange-traded fund designed to provide a diversified portfolio in a single vehicle, according to a Business Wire announcement. The fund combines global equities and fixed income with gold and other real assets, alongside a measured bitcoin exposure. VanEck selects the investments, manages the allocation and rebalances the portfolio. The fund carries a 0.33% gross expense ratio, which the firm reduces to a 0.26% net expense ratio after fee waivers; the adviser, VanEck Absolute Return Advisers Corporation, has agreed to waive the management fee by any amount it collects from underlying funds.
WBMO builds on VanEck's Wealth Builder model portfolios, an approach previously accessible to financial advisors through third-party wealth management platforms. The fund follows the same open-architecture methodology, drawing from VanEck and third-party ETFs to construct a diversified portfolio based on the firm's long-term macro outlook. Portfolio construction targets long-term structural trends, including technological disruption and shifting fiscal and inflation dynamics, with allocations sized to balance growth, income and diversification.
David Schassler, Portfolio Manager and Head of Multi-Asset Solutions at VanEck, said that an allocation extending beyond stocks and bonds to include real assets gives investors the potential to perform across a wider range of economic outcomes and investment regimes. VanEck frames its investment philosophy around identifying 10-year macro trends to access differentiated, high-conviction opportunities. As of September 30, 2026, the firm managed approximately $244.1 billion in assets across mutual funds, ETFs and institutional accounts.
The fund may invest a portion of its net assets in digital asset ETPs but does not invest directly in digital assets. The offering materials flag substantial risks, including extreme volatility in digital asset markets, limited investor protections for ETPs not registered under the Investment Company Act of 1940, risks from commodity futures roll yields in contango markets, and the possibility of significant losses. VanEck has agreed to pay the offering costs until at least February 1, 2028. Further holdings, risk and performance details are available at vaneck.com/WBMO.
WBMO builds on VanEck's Wealth Builder model portfolios, an approach previously accessible to financial advisors through third-party wealth management platforms. The fund follows the same open-architecture methodology, drawing from VanEck and third-party ETFs to construct a diversified portfolio based on the firm's long-term macro outlook. Portfolio construction targets long-term structural trends, including technological disruption and shifting fiscal and inflation dynamics, with allocations sized to balance growth, income and diversification.
David Schassler, Portfolio Manager and Head of Multi-Asset Solutions at VanEck, said that an allocation extending beyond stocks and bonds to include real assets gives investors the potential to perform across a wider range of economic outcomes and investment regimes. VanEck frames its investment philosophy around identifying 10-year macro trends to access differentiated, high-conviction opportunities. As of September 30, 2026, the firm managed approximately $244.1 billion in assets across mutual funds, ETFs and institutional accounts.
The fund may invest a portion of its net assets in digital asset ETPs but does not invest directly in digital assets. The offering materials flag substantial risks, including extreme volatility in digital asset markets, limited investor protections for ETPs not registered under the Investment Company Act of 1940, risks from commodity futures roll yields in contango markets, and the possibility of significant losses. VanEck has agreed to pay the offering costs until at least February 1, 2028. Further holdings, risk and performance details are available at vaneck.com/WBMO.
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