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FRAK Market Vectors Unconventional Oil & Gas ETF

  • Fund Description

    Market Vectors® Unconventional Oil & Gas ETF (FRAK®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Global Unconventional Oil & Gas Index (MVFRAKTR), which is intended to track the overall performance of companies involved in the exploration, development, extraction, and/or production of unconventional oil and natural gas.

  •  
      

    • 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 02/05/16

    • 30-Day SEC Yield1

      1.95%
    • Total Net Assets

      $37.7M
    • Number of Holdings

      50
    • Options

      Available
    • Gross Expense Ratio2

      0.67%
    • Net Expense Ratio/TER2

      0.54%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/16/2016
  • Index Key Points

    Underlying Index: Market Vectors Global Unconventional Oil & Gas Index (MVFRAKTR) 

    The Index comprises: 

    Companies that derive most of their revenues from unconventional oil and gas, or with properties that have the potential to do so; this includes companies engaged primarily in coalbed methane, coal seam gas, shale oil, shale gas, tight natural gas, tight oil and tight sands

    Companies eligible for inclusion in Index: 

    • Full market capitalization exceeding $150 million
    • Three-month average-daily-trading volume of at least $1 million
    • At least 250,000 shares traded per month

    Index provider: 

    Market Vectors Index Solutions 

  • Index Profile

    • Ticker

      MVFRAKTR
    • Inception Date

      12/22/2011
    • Rebalance Frequency

      Quarterly
  • Download All Index ConstituentsIndex Top 10 Constituents (%)  as of 12/31/15

    Total Constituents: 49
    Constituent Name
    Ticker
    Weightings (%)
    Occidental Petroleum Corp
    OXY US
    8.59
    Eog Resources Inc
    EOG US
    7.85
    Anadarko Petroleum Corp
    APC US
    7.25
    Apache Corp
    APA US
    6.46
    Pioneer Natural Resources Co
    PXD US
    6.15
    Devon Energy Corporation
    DVN US
    5.25
    Hess Corp
    HES US
    5.04
    Noble Energy Inc
    NBL US
    4.62
    Cenovus Energy Inc
    CVE US
    4.46
    Marathon Oil Corp
    MRO US
    3.33
    Top 10 Total (%)59.00
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index Country Weightings (%) as of 12/31/15

    • Country

      Weightings (%)
    • UNITED STATES

      82.0
    • CANADA

      18.0
  • Index Sector Weightings (%) as of 12/31/15

    • Sector

      Weightings (%)
    • Energy

      98.7
    • Utilities

      1.3