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  • Market Vectors® Global Alternative Energy ETF (GEX)

  •  
    GEX_icon_NEW

    The Market Vectors® Global Alternative Energy ETF (GEX) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ardour Global IndexSM (Extra Liquid). AGIXLT is a rules-based, global capitalization-weighted, float adjusted index intended to give investors a means of tracking the overall performance of a global universe of listed companies engaged in the alternative energy industry.

  • Ticker:- GEX;false;AGIXL;

  • Details

    Fund | Additional Information

     

    Fact Sheet PDF
    As of February 04, 2012

    Fund Ticker
    GEX
    ISIN
    US57060U4076
    Intraday NAV (IIV)
    GEX.IV
    Index Ticker
    AGIXLT
    Exchange
    NYSE Arca
    Commencement Date
    05/03/2007


    Gross Expense Ratio *
    0.60%
    Net Expense Ratio *
    0.60%
    Options
    Available
    AUM
    $67.9MM
    * Expenses for the fund are capped contractually at 0.60% until 05/01/2012. Cap excludes certain expenses, such as interest.
    As of December 31, 2011
    Index Ticker
    AGIXLT
    Index Inception Date
    01/01/2000
    Currency
    USD
    Fund Price/Earning Ratio
    9.24
    Fund Price/Book Ratio
    1.01
    Fund Avg. Weighted Market Cap
    $3687.1 MM
    52 Week High/Low
    1547.89 / 730.85

  • Fund Prices

     

    as of February 03, 2012
    TICKERNAV/
    Last Price    		VolumeDaily Change NAV/
    Last Price    		YTD Change NAV/
    Last Price    		Premium/
    Discount    		Premium/
    Discount Distribution    		NAV Price History

    Premium-Discount    		Expense Ratio*
    Gross/Net
    Global Alternative Energy ETFGEX $12.68
    $12.62         		20,576
    $0.3
    +2.5%

    $0.3
    +2.4%
    		+ 15.7%
    + 15.7%
    		$-0.06
    -0.47%     		Chart Export 0.60/0.60

  • Performance History (%)

    Fund

    All Funds | All Indices

    As of December 31, 2011
    		1MO3MOYTD1YR3YR†5 YR†10YR†LIFE*
    INDEX
    AGIXLT
    		-6.90-8.53-44.03-44.03-20.85-19.81-7.45-23.53
    FUND/NAV-7.68-8.21-43.68-43.68-20.90n.a.n.a.-23.33
    FUND/Share Price-7.72-8.02-43.73-43.73-21.32n.a.n.a.-23.41
    As of December 31, 2011
    		1MO3MOYTD1YR3YR†5 YR†10YR†LIFE*
    INDEX
    AGIXLT
    		-6.90-8.53-44.03-44.03-20.85-19.81-7.45-23.53
    FUND/NAV-7.68-8.21-43.68-43.68-20.90n.a.n.a.-23.33
    FUND/Share Price-7.72-8.02-43.73-43.73-21.32n.a.n.a.-23.41
    *Commencement date: 05/03/2007
    †Annualized
    The performance quoted represents past performance. Past performance is no guarantee of future results. Performance information for the Market Vectors ETFs reflects temporary waivers of expenses and/or fees. Had the Market Vectors ETFs incurred all expenses, investment returns would have been reduced. The investment return and value of shares of Market Vectors ETFs will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Fund 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.

    As of December 31, 2011
    		LIFE*1MO3MO6 MOYTD1YR3YR†5 YR†10YR†
    INDEX
    AGIXLT
    		-23.53%-6.90%-8.53%-39.62%-44.03%-44.03%-19.81%-23.53%-7.45%
    As of December 31, 2011
    		LIFE*1MO3MO6 MOYTD1YR3YR†5 YR†10YR†
    INDEX
    AGIXLT
    		-23.53%-6.90%-8.53%-39.62%-44.03%-44.03%-20.85%-19.81%-7.45%
    *Commencement date: 01/01/2000
    †Annualized
    The performance quoted represents past performance. Past performance is no guarantee of future results. Performance may be lower or higher than performance data quoted.

  • Top 10 Holdings

    Fund | Index

     

    As of February 03, 2012 |TOTAL CONSTITUENTS: 31
    Holding
    Shares
    Market Value (USD)
    % of net assets
    Cooper Industries PLC 113,3106,939,104
    10.23%
    Cree Inc CREE US136,2163,893,053
    5.74%
    Kurita Water Industries Ltd 6370 JP127,2043,424,267
    5.05%
    Vestas Wind Systems A/S VWS DC248,3643,267,320
    4.82%
    Enel Green Power Spa EGPW IM1,595,0203,200,974
    4.72%
    First Solar Inc FSLR US67,4933,047,984
    4.49%
    Verbund Ag VER AV100,2532,907,904
    4.29%
    Cosan Ltd CZZ US196,3512,691,972
    3.97%
    Polypore International Inc PPO US53,4402,502,595
    3.69%
    International Rectifier Corp IRF US103,3742,392,074
    3.53%
    As of February 03, 2012 |TOTAL CONSTITUENTS: 30
    Holding
    Weighting
    COOPER INDS CBE US
    10.26%
    CREE INC CREE US
    5.75%
    KURITA WATER IND KTWIF US
    5.02%
    VESTAS WIND SYST VWS DC
    4.82%
    ENEL GREEN POWER SPA EGPW
    4.73%
    FIRST SOLAR INC FSLR US
    4.51%
    VERBUND AG VER AV
    4.30%
    COSAN LTD. CZZ UN
    3.98%
    POLYPORE INTERNATIONAL INC PPO
    3.70%
    INTL RECTIFIER IRF US
    3.54%

  • Fund Country Breakdown

    Fund

     

    As of December 31, 2011
    United States53.0%
    China11.0%
    Spain5.9%
    Italy5.7%
    Japan5.6%
    Austria4.6%
    Denmark4.6%
    Brazil3.7%
    Taiwan2.9%
    Germany1.9%
    Norway1.2%

  • Fund Market Capitalization

    Fund

     

    As of December 31, 2011
    LARGE (>5.0B)30.8%
    MEDIUM (1.0 - 5.0B)49.3%
    SMALL (<1.0B)19.9%

  • Important Disclosure

    The Fund is subject to various risks including those associated with making investments in alternative energy companies including obsolescence of technology, short product cycles, commodity price volatility, depletion of resources, technical developments and risks associated with companies with a limited operating history.

    "Ardour Global Indexes, LLCSM", "ARDOUR GLOBAL INDEXSM" (Composite), "ARDOUR COMPOSITESM", "ARDOUR GLOBAL INDEXSM (Extra Liquid)", "ARDOUR - XLSM", "ARDOUR GLOBAL ALTERNATIVE ENERGY INDEXESSM", "ARDOUR FAMILYSM",  are service marks of Ardour Global IndexesSM, LLC and have been licensed for use by Van Eck Associates Corporation.  Market Vectors Global Alternative Energy ETF is not sponsored, endorsed, sold or promoted by Ardour Global IndexesSM, LLC and Ardour Global IndexesSM, LLC makes no representation regarding the advisability of investing in the product(s).

    The Ardour Global Alternative Energy IndexSM (Extra Liquid) ("AGIXLT") is calculated by Dow Jones Indexes. Van Eck's Market Vectors Global Alternative Energy ETF, based on the AGIXLT, is not sponsored, endorsed, sold or promoted by Dow Jones Indexes, and Dow Jones Indexes makes no representation regarding the advisability of investing in such product(s).

    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 “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. 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

    Van Eck Securities Corporation, Distributor