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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 10/30/14

    • 30-Day SEC Yield1

      0.25%
    • Total Net Assets

      $91.0M
    • 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
  • Fundamentals
    as of 09/30/14

    • Weighted Average Market Cap

      $9.9B
    • Price/Earnings Ratio
      (LTM: Last 12 Months)*

      25.19
    • Price/Book Ratio
      (LTM: Last 12 Months)*

      2.28
    *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 09/30/14

    • Capitalization

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

      56.7%
    • Mid ($1.0 - $5.0B)

      40.6%
    • Small (<$1.0B)

      2.5%
    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 09/30/14

    • Beta vs. S&P 500 Index

      1.36
    • Correlation vs. S&P 500 Index

      0.65
    • Volatility (Standard Deviation)

      21.86
    • Sharpe Ratio

      0.89

    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 09/30/14

    • Country

      % of Net Assets
    • U.S.

      63.5
    • DENMARK

      10.3
    • CHINA

      6.5
    • ITALY

      4.8
    • JAPAN

      3.2
    • SPAIN

      3.1
    • BRAZIL

      2.3
    • CANADA

      1.8
    • PORTUGAL

      1.8
    • GERMANY

      1.5
    • AUSTRIA

      1.1
    • Other

      0.2
  • Portfolio Composition (%)
    as of 10/30/14

    • % of Net Assets
    • Stocks

      100.09
    • Bonds

      0.00
    • Other

      0.00
    • Cash

      -0.09
  • Sector Weightings (%)
    as of 09/30/14

    • Sector

      % of Net Assets
    • Industrials

      43.0
    • Information Technology

      32.1
    • Utilities

      11.5
    • Consumer Discretionary

      9.4
    • Energy

      3.8
    • Other

      0.2
  • Currency Exposure (%)
    as of 09/30/14

    • U.S. Dollar

      69.28
    • Euro

      12.15
    • Danish Krone

      10.25
    • Hong Kong Dollar

      4.92
    • Japanese Yen

      3.20
    • Other

      0.20
    • Total

      100.00