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Solar Energy ETF KWT

  • Full Name: Market Vectors®
    Solar Energy ETF (KWT®)

    Management Style: Replication

    Underlying Index: Market Vectors® Global Solar Energy Index (MVKWTTR)

    Index Provider: Market Vectors Index Solutions

    Index Description: MVKWTTR is a rules-based, modified-capitalization-weighted, float-adjusted index intended to give investors exposure to the overall performance of the global solar energy industry.

  •  
      

    • Fund Ticker

      KWT
    • Exchange

      NYSE Arca
    • Commencement

      04/21/2008
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVKWTTR
    • Index Rebalancing

      Quarterly
  •  
    as of 10/21/14

    • 30-Day SEC Yield1

      -0.59%
    • Total Net Assets

      $21.5M
    • Number of Holdings

      57
    • Options

      Available
    • Gross Expense Ratio2

      1.54%
    • Net Expense Ratio/TER2

      0.66%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/19/2014
  • Index Key Points

    Underlying Index: Market Vectors Global Solar Energy Index (MVKWTTR)
    The Index comprises: 

    A globally diversified group of solar energy companies, including those engaged in photovoltaic and solar power, solar power equipment/technologies and materials or services to solar power equipment/technologies producers.

    Companies eligible for inclusion in Index: 

    • Full market cap exceeding $150 million
    • Three-month ADTV of at least $1M at current and two previous reviews
    • At least 250,000 shares traded per month for six months at current and two previous reviews

    Index provider: 

     Market Vector Index Solutions 

  • Index Profile

    • Ticker

      MVKWTTR
    • Inception Date

      08/18/2012
    • Rebalance Frequency

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

    Total Constituents: 33
    Constituent Name
    Ticker
    Weightings (%)
    First Solar Inc
    FSLR US
    8.10
    Solarcity Corp
    SCTY US
    7.34
    Hanergy Solar Group Ltd
    566 HK
    7.06
    Memc Electronic Materials
    WFR US
    7.02
    Gcl-Poly Energy Holdings Ltd
    3800 HK
    6.65
    Canadian Solar Inc
    CSIQ US
    5.57
    Sunpower Corp-Class A
    SPWR US
    4.99
    Gt Advanced Technologies Inc
    GTAT US
    4.22
    Shunfeng Photovoltaic Intl
    1165 HK
    3.63
    Trina Solar Ltd-Spon Adr
    TSL US
    3.62
    Top 10 Total (%)58.20
    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.

      35.8
    • CHINA

      26.9
    • TAIWAN

      15.2
    • HONG KONG

      7.9
    • CANADA

      5.6
    • NORWAY

      4.0
    • SWITZERLAND

      3.3
    • GERMANY

      1.0
    • SOUTH KOREA

      0.3
  • Index Sector Weightings (%)
    as of 09/30/14

    • Sector

      Weightings (%)
    • Information Technology

      84.2
    • Industrials

      13.4
    • Utilities

      2.4