• Ticker:- GERJ;false;MVGERJ;
  • Ticker Group:- ETFEQ_INTL;false;;
  • How to Purchase

Individual Investors

Subscribe to email updates

Subscribe now

Financial Professionals

Subscribe to email updates, or password protected financial professional-only content
email address/username
password

Germany Small-Cap ETF GERJ

  • Full Name: Market Vectors®
    Germany Small-Cap ETF (GERJ)

    Management Style: Replication

    Underlying Index: Market Vectors® Germany Small-Cap Index (MVGERJTR)

    Index Provider: Market Vectors Index Solutions

    Index Description: MVGERJTR is a rules-based, modified market capitalization-weighted, float adjusted index comprised of publicly traded small-capitalization companies that are domiciled and primarily listed in Germany or that generate the majority of their revenues in Germany.

     

  •  
      

    • Fund Ticker

      GERJ
    • Exchange

      NYSE Arca
    • Commencement

      04/04/2011
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVGERJTR
    • Index Rebalancing

      Quarterly
  •  
    as of 11/21/14

    • 30-Day SEC Yield1

      1.53%
    • Total Net Assets

      $5.6M
    • Number of Holdings

      81
    • Options

      Expected
    • Gross Expense Ratio2

      4.02%
    • Net Expense Ratio/TER2

      0.55%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/19/2014
  • Key Points

    Resilient German Economy 
    Europe’s largest economy; it has the highest current account surplus among G-7 countries in 2014 (IMF)
    Small-Cap Focus 
    Small-caps comprise vast majority of German companies; small- and medium-sized enterprises employ almost 70% of German workers
    Based on Market Vectors Index 
    Liquid, Inclusive, Diversified, Transparent
     
  • Trading Information

    • Fund Ticker

      GERJ
    • Index Total Return Ticker

      MVGERJTR
    • NAV

      GERJNV
    • Intraday NAV (IIV)4

      GERJIV
    • Shares Outstanding

      200,000
    • Estimated Cash

      GERJEU
    • Total Cash

      GERJTC
    • CUSIP

      57060U381
    • ISIN

      US57060U3813
    Source: Bloomberg
  • Fees & Expenses2

    • Management Fee

      0.50%
    • Other Expenses

      3.52%
    • Gross Expense Ratio

      4.02%
    • Fee Waivers and
      Expense Reimbursement

      -3.47%
    • Net Expense Ratio/TER2

      0.55%
    2 Expenses for GERJ are capped contractually at 0.55% 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 11/21/2014

    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
    GERJ $28.22
    $28.09
    1,760
    235
    $0.15 / +0.53%
    $0.12 / +0.43%
    - 6.0%
    - 7.6%

    $-0.13
    -0.46%
  • 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
    04/04/11
    GERJ (NAV) -2.56 -7.92 -10.16 -7.67 12.21 -- -- 3.07
    GERJ (Share Price) -4.14 -9.02 -12.37 -9.12 10.80 -- -- 2.68
    MVGERJTR (Index) -3.07 -8.31 -10.08 -7.75 12.09 -- -- 3.29
    Performance Differential (NAV - Index) 0.51 0.39 -0.08 0.08 0.12 -- -- -0.22
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    04/04/11
    GERJ (NAV) -5.59 -13.90 -7.79 0.04 17.97 -- -- 3.92
    GERJ (Share Price) -4.83 -13.11 -8.59 1.44 17.42 -- -- 4.00
    MVGERJTR (Index) -4.97 -13.56 -7.23 0.65 17.82 -- -- 4.30
    Performance Differential (NAV - Index) -0.62 -0.34 -0.56 -0.61 0.15 -- -- -0.38
  • View All Holdings »Top 10 Holdings (%)as of 10/31/14

    Total Holdings: 81
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Wirecard Ag
    WDI GR
    8,525
    305,8105.67
    Freenet Ag
    FNTN GR
    8,841
    231,9214.30
    Gagfah Sa
    GFJ GR
    11,927
    223,0034.13
    Tui Ag
    TUI1 GR
    13,081
    200,2833.71
    Morphosys Ag
    MOR GR
    1,801
    170,5613.16
    Stada Arzneimittel Ag
    SAZ GR
    4,405
    169,6953.14
    Deutsche Euroshop Ag
    DEQ GR
    3,476
    155,4872.88
    Leoni Ag
    LEO GR
    2,506
    143,9252.67
    Aareal Bank Ag
    ARL GR
    3,260
    140,0392.59
    Duerr Ag
    DUE GR
    1,991
    139,8282.59
    Top 10 Total (%)34.84
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%)
    as of 10/31/14

    • Country

      % of Net Assets
    • GERMANY

      88.2
    • U.S.

      4.6
    • AUSTRIA

      3.1
    • UNITED KINGDOM

      2.6
    • CANADA

      1.1
    • NETHERLANDS

      0.3
    • FRANCE

      0.3
    • Other

      -0.2
  • Sector Weightings (%)
    as of 10/31/14

    • Sector

      % of Net Assets
    • Industrials

      27.5
    • Financials

      19.9
    • Information Technology

      15.9
    • Health Care

      13.2
    • Consumer Discretionary

      12.9
    • Telecommunication Services

      6.6
    • Materials

      4.0
    • Energy

      0.1
    • Other

      -0.2