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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 Provider: S-Network Global Indexes, LLC

    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
    • Commencement

      05/03/2007
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      AGIXLT
    • Index Rebalancing

      Quarterly
  •  
    as of 09/17/14

    • 30-Day SEC Yield1

      0.02%
    • Total Net Assets

      $105.4M
    • Number of Holdings

      31
    • Options

      Available
    • Gross Expense Ratio2

      0.72%
    • Net Expense Ratio/TER2

      0.62%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/19/2014
  • 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

      1,683,298
    • Estimated Cash

      GEXEU
    • Total Cash

      GEXTC
    • CUSIP

      57061R593
    • ISIN

      US57061R5937
    Source: Bloomberg
  • Fees & Expenses2

    • Management Fee

      0.50%
    • Other Expenses

      0.22%
    • Gross Expense Ratio

      0.72%
    • Fee Waivers and
      Expense Reimbursement

      -0.10%
    • Net Expense Ratio/TER2

      0.62%
    2 Expenses for GEX are capped contractually at 0.62% 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 09/17/2014

    TickerNAV/
    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 $62.64
    $62.59
    12,423
    7,591
    $0.39 / +0.63%
    $0.31 / +0.50%
    + 12.1%
    + 11.9%

    $-0.05
    -0.08%
  • 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) 7.68 5.37 16.57 35.99 13.78 -0.60 -- -6.94
    GEX (Share Price) 7.64 5.36 16.37 35.99 14.01 -0.54 -- -6.94
    AGIXLT (Index) 7.35 5.41 16.76 36.31 12.94 -1.30 -- -7.39
    Performance Differential (NAV - Index) 0.33 -0.04 -0.19 -0.32 0.84 0.70 -- 0.45
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    05/03/07
    GEX (NAV) 6.39 7.87 17.69 45.52 7.57 -0.76 -- -6.97
    GEX (Share Price) 6.37 7.79 17.49 45.43 7.60 -0.71 -- -6.98
    AGIXLT (Index) 6.55 8.03 18.02 45.93 6.71 -1.42 -- -7.42
    Performance Differential (NAV - Index) -0.16 -0.16 -0.33 -0.41 0.86 0.66 -- 0.45
  • View All Holdings »Top 10 Holdings (%)as of 08/31/14

    Total Holdings: 31
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Tesla Motors Inc
    TSLA US
    51,162
    13,798,39112.58
    Eaton Corp
    ETN US
    138,964
    9,701,0778.84
    Vestas Wind Systems A/S
    VWS DC
    201,892
    8,576,6177.82
    Memc Electronic Materials Inc
    SUNE US
    278,595
    6,137,4485.60
    Cree Inc
    CREE US
    131,945
    6,011,4145.48
    First Solar Inc
    FSLR US
    80,550
    5,612,7245.12
    Enel Green Power Spa
    EGPW IM
    1,732,262
    4,797,1224.37
    Gcl-Poly Energy Holdings Ltd
    3800 HK
    12,963,000
    4,663,4854.25
    China Longyuan Power Group Corp
    916 HK
    3,841,000
    4,151,1133.78
    Solarcity Corp
    SCTY US
    57,641
    3,958,7843.61
    Top 10 Total (%)61.45
    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.

      63.7
    • CHINA

      10.3
    • DENMARK

      7.8
    • ITALY

      4.4
    • JAPAN

      2.8
    • SPAIN

      2.7
    • BRAZIL

      2.7
    • PORTUGAL

      1.6
    • CANADA

      1.6
    • GERMANY

      1.3
    • AUSTRIA

      0.9
    • Other

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

    • Sector

      % of Net Assets
    • Industrials

      37.2
    • Information Technology

      36.7
    • Consumer Discretionary

      12.6
    • Utilities

      10.7
    • Energy

      2.7
    • Other

      0.1