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Unconventional Oil & Gas ETF FRAK

  • Full Name: Market Vectors®
    Unconventional Oil & Gas ETF (FRAK)

    Management Style: Replication

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

    Index Provider: Market Vectors Index Solutions

    Index Description: MVFRAKTR is a rules-based index intended to track the overall performance of the unconventional oil and gas segment, defined as: coalbed methane (CBM), coal seam gas (CSG), shale oil, shale gas, tight natural gas, tight oil and tight sands.

  •  
      

    • 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 07/31/14

    • 30-Day SEC Yield1

      1.18%
    • Total Net Assets

      $94.9M
    • Number of Holdings

      62
    • Options

      Available
    • Gross Expense Ratio2

      1.04%
    • Net Expense Ratio/TER2

      0.54%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/19/2014
  • Fundamentals
    as of 06/30/14

    • Weighted Average Market Cap

      $28.6B
    • Price/Earnings Ratio
      (LTM: Last 12 Months)*

      22.05
    • Price/Book Ratio
      (LTM: Last 12 Months)*

      2.31
    *A weighted harmonic average is used to calculate this metric. Price/Book Ratio is the price of a security divided by the book value per share of the security. Price/Earnings Ratio is the price of a security divided by the last twelve months earnings per share of the security.
  • Market Capitalization (%)
    as of 06/30/14

    • Capitalization

      % of Net
      Assets ($)
    • Large (>$5.0B)

      89.9%
    • Mid ($1.0 - $5.0B)

      10.2%
    • Small (<$1.0B)

      0.1%
    This breakdown represents what percentage of the ETF's assets represent large/mid/small-sized companies. The market capitalization of an individual, publicly traded company is calculated by multiplying the company's stock price by the total number of its shares outstanding.
  • 3-YR Risk Measures
    as of 06/30/14

    • Beta vs. S&P 500 Index

    • Correlation vs. S&P 500 Index

    • Volatility (Standard Deviation)

    • Sharpe Ratio

    Source: Van Eck Global, FactSet.

    Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the ETF performance and the index performance. Volatility is the annualized standard deviation of the ETF's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the ETF's return less the risk free rate divided by the standard deviation.

  • Country Weightings (%)
    as of 06/30/14

    • Country

      % of Net Assets
    • U.S.

      74.4
    • CANADA

      25.8
    • Other

      -0.2
  • Portfolio Composition (%)
    as of 07/31/14

    • % of Net Assets
    • Stocks

      99.99
    • Bonds

      0.00
    • Other

      0.00
    • Cash

      0.01
  • Sector Weightings (%)
    as of 06/30/14

    • Sector

      % of Net Assets
    • Energy

      98.4
    • Utilities

      1.8
    • Other

      -0.2
  • Currency Exposure (%)
    as of 06/30/14

    • U.S. Dollar

      87.12
    • Canadian Dollar

      13.12
    • Other

      -0.24
    • Total

      100.00