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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 10/24/14

    • 30-Day SEC Yield1

      0.20%
    • Total Net Assets

      $88.8M
    • 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
  • Index Key Points

    Underlying Index: Ardour Global IndexSM Extra Liquid (AGIXLT) 

    The Index comprises: 

    A globally diversified group of companies engaged in the production of alternative fuels and/or related technologies

    Companies eligible for inclusion in Index: 

    • Principally engaged in the alternative energy industry
    • Market cap exceeding $100 million
    • Three-month average daily trading price greater than $1.00 per share

    Index provider: 

    Ardour Global IndexesSM, LLC

  • Index Profile

    • Ticker

      AGIXLT
    • Inception Date

      02/21/2007
    • Rebalance Frequency

      Quarterly
  • Download All Index ConstituentsIndex Top 10 Constituents (%)as of 09/30/14

    Total Constituents: 30
    Constituent Name
    Ticker
    Weightings (%)
    Vestas Wind Systems A/S
    VWS DC
    10.20
    Eaton Corp Plc
    ETN US
    10.20
    Tesla Motors Inc
    TSLA US
    9.35
    Memc Electronic Materials
    SUNE US
    5.40
    First Solar Inc
    FSLR US
    5.18
    Cree Inc
    CREE US
    5.09
    Enel Green Power Spa
    EGPW IM
    4.65
    Solarcity Corp
    SCTY US
    4.12
    China Longyuan Power Group-H
    916 HK
    3.89
    Intl Rectifier Corp
    IRF US
    3.53
    Top 10 Total (%)61.61
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index Country Weightings (%)
    as of 09/30/14

    • Country

      Weightings (%)
    • U.S.

      63.9
    • DENMARK

      10.2
    • CHINA

      6.5
    • ITALY

      4.7
    • JAPAN

      3.2
    • SPAIN

      3.1
    • BRAZIL

      2.3
    • CANADA

      1.9
    • PORTUGAL

      1.7
    • GERMANY

      1.5
    • AUSTRIA

      1.0
  • Index Sector Weightings (%)
    as of 09/30/14

    • Sector

      Weightings (%)
    • Industrials

      43.0
    • Information Technology

      32.6
    • Utilities

      11.3
    • Consumer Discretionary

      9.3
    • Energy

      3.8