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Global Alternative Energy ETF GEX

  • Full Name: Market Vectors®
    Global Alternative Energy ETF (GEX®)

    Management Style: Replication

    Underlying Index: Ardour Global IndexSM Extra Liquid (AGIXLT)

    Index Description: 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.

  •  
     

    • Fund Ticker

      GEX
    • Exchange

      NYSE Arca
    • Index Total Return Ticker

      AGIXLT
    • Index Provider

      S-Network Global Indexes, LLC
    • Total Net Assets

      $108.6M
    • Shares Outstanding

      1,783,298
    • Number of Holdings

      31
    • Commencement Date

      05/03/2007
  •  
    as of 04/24/14

  • Key Points

    One-Trade Access to the Global Alternative Energy Sector
    Dynamic industry driven by the growing need for alternative fuel sources
    Pure Play with Global Scope
    Index constituents must be principally engaged in the alternative energy industry
    Focused on Renewable Energy
    Index is concentrated in companies whose technologies are involved with solar power, bio energy, wind power, hydro power and geothermal energy
  • Trading Information

    • Fund Ticker

      GEX
    • Index Total Return Ticker

      AGIXLT
    • NAV

      GEXNV
    • Intraday NAV (IIV)4

      GEXIV
    • Shares Outstanding

      1,783,298
    • Estimated Cash

      GEXEU
    • Total Cash

      GEXTC
    • CUSIP

      57061R593
    • ISIN

      US57061R5937
    Source: Bloomberg
  • Fees & Expenses2

    • Management Fee

      0.50%
    • Other Expenses

      0.31%
    • Gross Expense Ratio

      0.81%
    • Fee Waivers and
      Expense Reimbursement

      (0.19)%
    • Net Expense Ratio

      0.62%
    2 Expenses for GEX are capped contractually at 0.62% until at least May 1, 2014. Cap excludes certain expenses, such as interest. See Important Disclosure for more information.
  • Prices as of 04/24/2014

    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
    GEX $60.87
    $60.68
    12,533
    6,432
    $-0.07 / -0.1%
    $-0.17 / -0.3%
    + 8.9%
    + 8.4%

    $-0.19
    -0.31%
  • 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
    05/03/07
    GEX (NAV) -2.29 9.11 9.11 62.43 -1.46 3.55 -- -8.22
    GEX (Share Price) -2.13 9.01 9.01 63.10 -1.63 3.41 -- -8.22
    AGIXLT (Index) -2.28 9.25 9.25 62.53 -2.45 2.83 -- -8.70
    Performance Differential (NAV - Index) -0.01 -0.14 -0.14 -0.10 0.99 0.72 -- 0.48
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    05/03/07
    GEX (NAV) -2.29 9.11 9.11 62.43 -1.46 3.55 -- -8.22
    GEX (Share Price) -2.13 9.01 9.01 63.10 -1.63 3.41 -- -8.22
    AGIXLT (Index) -2.28 9.25 9.25 62.53 -2.45 2.83 -- -8.70
    Performance Differential (NAV - Index) -0.01 -0.14 -0.14 -0.10 0.99 0.72 -- 0.48
  • View All Holdings » Top 10 Holdings (%) as of 03/31/14

    Total Holdings: 31
    Holding Name
    Ticker
    Shares Market Value
    (US$)
    % of Net
    Assets
    Vestas Wind Systems A/S
    VWS DC
    287,405
    11,528,220 10.60
    Eaton Corp
    ETN US
    150,849
    11,331,777 10.42
    Tesla Motors Inc
    TSLA US
    46,024
    9,593,703 8.82
    Cree Inc
    CREE US
    153,487
    8,681,225 7.98
    First Solar Inc
    FSLR US
    93,146
    6,500,659 5.98
    Memc Electronic Materials Inc
    SUNE US
    317,179
    5,975,652 5.49
    Enel Green Power Spa
    EGPW IM
    1,847,760
    5,191,625 4.77
    Gcl-Poly Energy Holdings Ltd
    3800 HK
    13,411,000
    4,851,205 4.46
    Enersys
    ENS US
    59,172
    4,100,028 3.77
    China Longyuan Power Group Corp
    916 HK
    3,979,000
    4,009,281 3.69
    Top 10 Total (%) 65.98
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%)
    as of 03/31/14

    • Country

      % of Net Assets
    • U.S.

      62.0
    • CHINA

      11.0
    • DENMARK

      10.6
    • ITALY

      4.8
    • JAPAN

      2.9
    • SPAIN

      2.5
    • BRAZIL

      2.2
    • PORTUGAL

      1.5
    • CANADA

      1.5
    • AUSTRIA

      1.0
    • NETHERLANDS

      0.0
    • Other

      0.0
    • Total

      100.0
  • Sector Weightings (%)
    as of 03/31/14

    • Sector

      % of Net Assets
    • Information Technology

      39.2
    • Industrials

      38.1
    • Utilities

      11.0
    • Consumer Discretionary

      8.8
    • Consumer Staples

      2.2
    • Energy

      0.7
    • Other

      0.0
    • Total

      100.0