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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 07/23/14

    • 30-Day SEC Yield1

      0.03%
    • Total Net Assets

      $102.6M
    • 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 06/30/14

    Total Constituents: 30
    Constituent Name
    Ticker
    Weightings (%)
    Tesla Motors Inc
    TSLA US
    11.13
    Eaton Corp Plc
    ETN US
    9.76
    Vestas Wind Systems A/S
    VWS DC
    8.96
    Cree Inc
    CREE US
    5.82
    Memc Electronic Materials
    SUNE US
    5.79
    First Solar Inc
    FSLR US
    5.23
    Enel Green Power Spa
    EGPW IM
    4.52
    Gcl-Poly Energy Holdings Ltd
    3800 HK
    3.91
    China Longyuan Power Group-H
    916 HK
    3.72
    Solarcity Corp
    SCTY US
    3.72
    Top 10 Total (%)62.56
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index Country Weightings (%)
    as of 06/30/14

    • Country

      Weightings (%)
    • U.S.

      63.2
    • DENMARK

      9.0
    • CHINA

      5.8
    • ITALY

      4.5
    • SPAIN

      4.3
    • HONG KONG

      3.9
    • JAPAN

      2.9
    • BRAZIL

      2.6
    • GERMANY

      1.6
    • CANADA

      1.3
    • AUSTRIA

      0.9
    • OTHERS

      0.0
  • Index Sector Weightings (%)
    as of 06/30/14

    • Sector

      Weightings (%)
    • Industrials

      39.6
    • Information Technology

      35.9
    • Consumer Discretionary

      11.1
    • Utilities

      10.8
    • Energy

      2.6