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Treasury-Hedged High Yield Bond ETF THHY

  • Full Name: Market Vectors®
    Treasury-Hedged High Yield Bond ETF (THHY)

    Management Style: Sampling

    Underlying Index: The Market Vectors® US Treasury-Hedged High Yield Bond Index (MVTHHY)

    Index Description: MVTHHY is designed to provide exposure to below investment grade corporate bonds, denominated in U.S. dollars; that are, through the use of Treasury notes, hedged against rising interest rates.

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    • Fund Ticker

      THHY
    • Exchange

      NYSE Arca
    • Index Total Return Ticker

      MVTHHY
    • Index Provider

      Market Vectors Index Solutions
    • Total Net Assets

      $10.3M
    • Shares Outstanding

      400,000
    • Number of Holdings

      68
    • Commencement Date

      03/21/2013
  •  
    as of 04/17/14

  • Credit Quality (%)
    as of 03/31/14

    Composite % of Net Assets
    Non-Investment Grade BB 46.60
    B 36.72
    CCC 13.52
    CC 0.46
    Total Non-Investment Grade 97.30
    Not rated 2.70
    Composite Rating: An evenly weighted blend of a security's Moody's, S&P, Fitch and DBRS ratings. Not Rated indicates that a security is rated by fewer than two of the four rating agencies. This composite is not intended to be a credit opinion. The credit breakdown presented above includes only the aggregate of the long positions.
  • 3-YR Risk Measures*
    as of 03/31/14

    • Beta vs. S&P 500 Index

    • Correlation vs. S&P 500 Index

    • Volatility (Standard Deviation)

    • Sharpe Ratio

    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. See S&P 500 Index definition.6 

  • Sector Weightings (%)
    as of 03/31/14

    • Sector

      % of Net Assets
    • Communications

      23.8
    • Consumer, Non-cyclical

      18.6
    • Financial

      15.8
    • Energy

      14.2
    • Consumer, Cyclical

      11.2
    • Industrial

      4.9
    • Technology

      3.8
    • Utilities

      3.8
    • Basic Materials

      1.1
    • Other

      2.7
    • Total

      99.9