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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 02/26/15

    • 30-Day SEC Yield1

      -0.40%
    • Total Net Assets

      $22.6M
    • Number of Holdings

      34
    • Options

      Available
    • Gross Expense Ratio2

      1.54%
    • Net Expense Ratio/TER2

      0.66%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/18/2015
  • 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

      04/21/2008
    • Rebalance Frequency

      Quarterly
  • Download All Index ConstituentsIndex Top 10 Constituents (%)  as of 01/31/15

    Total Constituents: 32
    Constituent Name
    Ticker
    Weightings (%)
    Hanergy Solar Group Ltd
    566 HK
    11.02
    Memc Electronic Materials
    WFR US
    7.92
    Solarcity Corp
    SCTY US
    6.82
    First Solar Inc
    FSLR US
    6.34
    Sunpower Corp-Class A
    SPWR US
    5.50
    Gcl-Poly Energy Holdings Ltd
    3800 HK
    5.23
    Shunfeng Photovoltaic Intl
    1165 HK
    5.21
    Sino-American Silicon Produc
    5483 TT
    4.35
    Canadian Solar Inc
    CSIQ US
    3.83
    Trina Solar Ltd-Spon Adr
    TSL US
    3.77
    Top 10 Total (%)59.99
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index Country Weightings (%) as of 01/31/15

    • Country

      Weightings (%)
    • U.S.

      33.0
    • CHINA

      19.6
    • HONG KONG

      18.7
    • TAIWAN

      17.5
    • NORWAY

      4.0
    • CANADA

      3.8
    • SWITZERLAND

      2.1
    • GERMANY

      1.1
    • SOUTH KOREA

      0.3
  • Index Sector Weightings (%) as of 01/31/15

    • Sector

      Weightings (%)
    • Information Technology

      84.7
    • Industrials

      11.7
    • Utilities

      3.5