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  • Ticker:- FRAK;false;MVFRAK;
  • Ticker Group:- ETFEQ_HA;false;;

  • Making News

    The Motley Fool: Fat Dividends and Profits in Oil Services


    2/08/13: Selena Maranjian makes a case for the oil services sector. "Oil is likely to remain in demand for quite some time, despite the growth of alternative energies in recent years." She recommends OIH as a convenient way to invest in many oil services stocks simultaneously.
    View article >> 


    WSJ: What ETF Managers Do


    1/04/13: Reporter A. Weinberg interviews Market Vectors’ Hao-Hung (Peter) Liao, "who leads a handful of portfolio managers at Van Eck Global who oversee some $24 billion in investor assets around the world." The primary mission of Liao and his ETF team is to keep each Fund’s “holdings and the value of those holdings, precisely in line with the indexes they track."
    View article >> 


    IBD: The Pros’ Four Biggest Commodity ETF Bets for 2013


    12/27/12: Investor’s Business Daily interviews Ron Fernandes, CEO of Avatar Investment Management in Stamford, CT, who recommends KOL, given that "coal is an under-loved commodity within the energy sector. Low natural gas prices and a slowdown in China reduced demand and drove valuations down in 2012." 
    View article >> 


    ETF Trends Spotlight: Agribusiness & MOO


    11/27/12: ETF Trends’ Tom Lydon discusses the negative impact of this summer’s drought on ag companies, highlighting MOO among notable ag-specific ETFs.¨Fundamentals for investing in MOO are compelling due to the long term economic picture. It is estimated that agricultural output will need to double by 2050 in order to meet global demand.” 

    View article >> 


    Barron's: GDX in Gold-Mining Stocks for the Long Run


    11/19/12: Barron’s Michael Kahn spotlights GDX and writes, "...the evidence we have...right now still favors the long-term bullish case for the miners."

    View article >> 


  • How to Purchase

    Learn more

Unconventional Oil & Gas ETF FRAK

  • Full Name: Market Vectors®
    Unconventional Oil & Gas ETF (FRAK)

    Management Style: Replication

    Underlying Index: Market Vectors® Global Unconventional Oil & Gas Index (MVFRAKTR)

    Index Description: MVFRAKTR is a rules-based index intended to track the overall performance of the unconventional oil and gas segment, defined as: coalbed methane (CBM), coal seam gas (CSG), shale oil, shale gas, tight natural gas, tight oil and tight sands.

  •    

    • Fund Ticker

      FRAK

    • Exchange

      NYSE Arca

    • Index Total Return Ticker

      MVFRAKTR

    • Index Provider

      Market Vectors Index Solutions

    • Total Net Assets

      $15.8M

    • Shares Outstanding

      600,000

    • Number of Holdings

      47

    • Commencement Date

      02/14/2012

  •   as of 05/21/13

  • Key Points

    Potential to Transform Global Energy Landscape 
    Improved/lower cost extraction technologies dramatically increasing supply capacity, decreasing dependence on foreign oil sources
    Rapidly Expanding M&A Activity 
    Companies eager to participate in unconventional energy have been actively seeking opportunities in North America and globally

     

  • Trading Information

    • Fund Ticker

      FRAK

    • Index Total Return Ticker

      MVFRAKTR

    • NAV

      FRAKNV

    • Intraday NAV (IIV)4

      FRAKIV

    • Shares Outstanding

      600,000

    • Estimated Cash

      FRAKEU

    • Total Cash

      FRAKTC

    • CUSIP

      57060U159

    • ISIN

      US57060U1593
    Source: Bloomberg

  • Fees & Expenses2

    • Management Fee

      0.50%

    • Other Expenses

      0.42%

    • Gross Expense Ratio

      0.92%

    • Fee Waivers and
      Expense Reimbursement

      (0.38)%

    • Net Expense Ratio

      0.54%
    2 Expenses for FRAK are capped contractually at 0.54% until at least May 1, 2014. Cap excludes certain expenses, such as interest. See Important Disclosure for more information.

  • Prices as of 05/21/13

    TickerNAV/
    Last Price    		Avg. 30-Day
    Trading
    Volume    		Daily Change
    NAV/
    Last Price    		 YTD Change
    NAV/
    Last Price    		Premium/
    Discount    		Prem/Discount
    Distribution Charts    		NAV &
    Prem/Discount
    History    		NAV
    Price
    Chart
    FRAK $26.28
    $26.43         		15,384
    9,743
    $-0.08 / -0.3%
    $-0.11 / -0.4%
    		+ 16.6%
    + 16.1%
    		$0.15
    0.57%

  • View All Indices » View All ETFs » Performance History: Average Annual Total Returns* (%)

    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    02/14/12
    FRAK (NAV) -1.26 3.13 11.09 4.47 -- -- -- 0.87
    FRAK (Share Price) -1.10 2.66 10.37 4.15 -- -- -- 1.13
    MVFRAKTR (Index) -1.24 3.15 11.12 4.68 2.39 -2.72 -- 1.07
    Performance Differential (NAV - Index) -0.02 -0.02 -0.03 -0.21 -- -- -- -0.20
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    02/14/12
    FRAK (NAV) -1.26 3.13 11.09 4.47 -- -- -- 0.87
    FRAK (Share Price) -1.10 2.66 10.37 4.15 -- -- -- 1.13
    MVFRAKTR (Index) -1.24 3.15 11.12 4.68 2.39 -2.72 -- 1.07
    Performance Differential (NAV - Index) -0.02 -0.02 -0.03 -0.21 -- -- -- -0.20

    *Returns less than one year are not annualized.

    The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

    The "Net Asset Value" (NAV) of a Market Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. Market Vectors ETF investors should not expect to buy or sell shares at NAV.

  • View All Holdings » Top 10 Holdings (%) as of 04/30/13

    Total Holdings: 48
    Holding Name
    Ticker
    		 Shares Market Value
    (US$)     		% of Net
    Assets
    Occidental Petroleum Corp
    OXY US
    		 14,344 1,280,345 8.52
    Anadarko Petroleum Corp
    APC US
    		 14,370 1,218,001 8.11
    EOG Resources Inc
    EOG US
    		 8,183 991,452 6.60
    Devon Energy Corp
    DVN US
    		 14,493 797,985 5.31
    Hess Corp
    HES US
    		 11,024 795,712 5.30
    Noble Energy Inc
    NBL US
    		 6,651 753,492 5.02
    Pioneer Natural Resources Co
    PXD US
    		 5,027 614,450 4.09
    Crescent Point Energy Corp
    CPG CN
    		 14,191 546,132 3.64
    Cabot Oil & Gas Corp
    COG US
    		 7,831 532,900 3.55
    EnCana Corp
    ECA US
    		 27,928 515,272 3.43
    Top 10 Total (%) 53.57
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.

  • Domicile Weightings (%) as of 04/30/13

    • Domicile

      % of Net Assets

    • UNITED STATES

      81.7

    • CANADA

      18.1

    • AUSTRALIA

      0.3

    • Other

      -0.1

    • Total

      100.0

  • Sector Weightings (%) as of 04/30/13

    • Sector

      % of Net Assets

    • Energy

      95.4

    • Utilities

      4.7

    • Other

      -0.1

    • Total

      100.0
  • Contact Us

    Van Eck Securities
    Corporation, Distributor
    335 Madison Avenue, 19th Fl.
    New York, NY 10017
    888.MKT.VCTR
    888.658.8287
    marketvectors@vaneck.com

  • Important Disclosure

    130-Day SEC Yield is calculated daily, and is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons primarily among bond funds. It is based on the most recent 30-day period. This yield figure reflects the interest earned during the period after deducting the fund's expenses for the period. It does not reflect the yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. The 12-Month yield is calculated by summing any income distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the past twelve months.

    2FRAK Fees & Expenses: Van Eck Associates Corporation (the “Adviser”) has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses) from exceeding 0.54% of the Fund’s average daily net assets per year until at least May 1, 2014. During such time, the expense limitation is expected to continue until the Fund’s Board of Trustees acts to discontinue all or a portion of such expense limitation.

    3Morningstar Ratings: ©2013 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. 

    4IIV is an abbreviation for An ETF's intraday indicative value; it is an estimated fair value of its holdings based on the most recent prices of its underlying securities and other assets. Intraday values are typically updated every 15 seconds and should closely approximate the net asset value (NAV) of an ETF throughout the trading day. ETF intraday values are calculated by an exchange (e.g., the NYSE Arca) and are distributed through quote services.

    For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics.

    Investments in the unconventional oil and gas sector are exposed to certain risks which include, among others, volatility of energy prices, exploration and production spending, operating hazards, limited production history, royalty interests, liens and other burdens, third party pipeline availability and capacity, and an evolving regulatory environment. Additionally, the Fund is subject to changes in economic and political conditions, foreign currency fluctuations, changes in foreign regulations and other risks inherent to international investing. Investors should be willing to accept a high degree of volatility and the potential of significant loss. The Fund may loan its securities, which may subject it to additional credit and counterparty risk. See the Fund’s prospectus and summary prospectus for more complete information regarding investment risks.

    Price/Book Ratio is the price of a security divided by the book value per share of the security. Price/Earnings Ratio is the price of a security divided by the earnings per share of the security.

    Market Vectors Global Unconventional Oil & Gas Index (the “Index”) is the exclusive property of Market Vectors Index Solutions GmbH (a wholly owned subsidiary of the Adviser), which has contracted with Structured Solutions AG to maintain and calculate the Index. Structured Solutions AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards Market Vectors Index Solutions GmbH, Structured Solutions AG has no obligation to point out errors in the Index to third parties. Market Vectors Unconventional Oil & Gas ETF (the “Fund”) is not sponsored, endorsed, sold or promoted by Market Vectors Index Solutions GmbH and Market Vectors Index Solutions GmbH makes no representation regarding the advisability of investing in the Fund.

    Index returns are not Fund returns and do not reflect any management fees or brokerage expenses. Investors can not invest directly in the Index. Returns for actual Fund investors may differ from what is shown because of differences in timing, the amount invested and fees and expenses. Index returns assume that dividends have been reinvested.

    The S&P® 500 Index consists of 500 widely held common stocks covering industrial, utility, financial and transportation sector; as an Index, it is unmanaged and is not a security in which investments can be made.

    The “Net Asset Value” (NAV) of a Market Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF’s intraday trading value. Market Vectors ETF investors should not expect to buy or sell shares at NAV.

    Fund shares are not individually redeemable and will be issued and redeemed at their NAV only through certain authorized broker-dealers in large, specified blocks of shares called "creation units" and otherwise can be bought and sold only through exchange trading. Creation units are issued and redeemed principally in kind. Shares may trade at a premium or discount to their NAV in the secondary market. You will incur brokerage expenses when trading Fund shares in the secondary market. Past performance is no guarantee of future results. Returns for actual Fund investments may differ from what is shown because of differences in timing, the amount invested, and fees and expenses.

    Investing involves substantial risk and high volatility, including possible loss of principal. Bonds and bond funds will decrease in value as interest rates rise. An investor should consider the investment objective, risks, charges and expenses of the Fund carefully before investing. To obtain a prospectus and summary prospectus, which contains this and other information, call 888.MKT.VCTR or visit vaneck.com/etf. Please read the prospectus and summary prospectus carefully before investing. 

    Not FDIC Insured — No Bank Guarantee — May Lose Value

 © 2013 Van Eck Securities Corporation. All rights reserved.