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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 Provider: Market Vectors Index Solutions

    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
    • Commencement

      02/14/2012
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVFRAKTR
    • Index Rebalancing

      Quarterly
  •  
    as of 09/19/14

    • 30-Day SEC Yield1

      1.11%
    • Total Net Assets

      $94.8M
    • Number of Holdings

      62
    • Options

      Available
    • Gross Expense Ratio2

      1.04%
    • Net Expense Ratio/TER2

      0.54%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/19/2014
  • 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

      3,050,000
    • Estimated Cash

      FRAKEU
    • Total Cash

      FRAKTC
    • CUSIP

      57060U159
    • ISIN

      US57060U1593
    Source: Bloomberg
  • Fees & Expenses2

    • Management Fee

      0.50%
    • Other Expenses

      0.54%
    • Gross Expense Ratio

      1.04%
    • Fee Waivers and
      Expense Reimbursement

      -0.50%
    • Net Expense Ratio/TER2

      0.54%
    2 Expenses for FRAK are capped contractually at 0.54% until at least May 1, 2015. Cap excludes certain expenses, such as interest. TER, or Total Expense Ratio, is also referred to as "Net Expense Ratio". See Important Disclosure for more information.
  • Prices as of 09/19/2014

    NAV/
    Last Price
    Volume
    30-Day Avg./
    Last Trading Day
    Daily Change
    NAV/
    Last Price
    YTD Change
    NAV/
    Last Price
    Premium/
    Discount
    Prem/Discount
    Distribution Charts
    NAV &
    Prem/Discount
    History
    NAV
    Chart
    FRAK $31.08
    $30.97
    24,552
    28,676
    $-0.26 / -0.83%
    $-0.33 / -1.05%
    + 9.3%
    + 9.0%

    $-0.11
    -0.36%
  • 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) 3.51 3.45 17.13 24.38 -- -- -- 12.54
    FRAK (Share Price) 3.44 3.31 17.38 24.69 -- -- -- 12.61
    MVFRAKTR (Index) 3.54 3.50 17.28 24.60 -- -- -- 12.77
    Performance Differential (NAV - Index) -0.03 -0.05 -0.15 -0.22 -- -- -- -0.23
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    02/14/12
    FRAK (NAV) 6.83 15.83 20.96 37.82 -- -- -- 15.04
    FRAK (Share Price) 6.84 16.20 21.39 37.06 -- -- -- 15.19
    MVFRAKTR (Index) 6.83 15.87 21.06 38.10 -- -- -- 15.27
    Performance Differential (NAV - Index) 0.00 -0.04 -0.10 -0.28 -- -- -- -0.23
  • View All Holdings »Top 10 Holdings (%)as of 08/31/14

    Total Holdings: 62
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Anadarko Petroleum Corp
    APC US
    73,496
    8,282,2648.29
    Occidental Petroleum Corp
    OXY US
    79,699
    8,267,1778.28
    Eog Resources Inc
    EOG US
    62,924
    6,914,0896.92
    Hess Corp
    HES US
    55,647
    5,625,9125.63
    Devon Energy Corp
    DVN US
    67,422
    5,084,9675.09
    Cenovus Energy Inc
    CVE US
    139,982
    4,464,0264.47
    Pioneer Natural Resources Co
    PXD US
    19,985
    4,169,8704.17
    Noble Energy Inc
    NBL US
    49,694
    3,584,9253.59
    Encana Corp
    ECA US
    137,044
    3,156,1233.16
    Crescent Point Energy Corp
    CPG CN
    75,269
    3,122,4753.13
    Top 10 Total (%)52.73
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%)
    as of 08/31/14

    • Country

      % of Net Assets
    • U.S.

      74.5
    • CANADA

      25.4
    • Other

      0.1
  • Sector Weightings (%)
    as of 08/31/14

    • Sector

      % of Net Assets
    • Energy

      99.0
    • Utilities

      0.9
    • Other

      0.1