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GEX
VanEck Vectors Global Alternative Energy ETF

  • Fund Description

    VanEck Vectors® Global Alternative Energy ETF (GEX®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ardour Global IndexSM Extra Liquid (AGIXLT), which is intended to track the overall performance of companies involved in the business of alternative energy. Alternative energy includes power derived principally from bio-fuels (such as ethanol), bio mass, wind, solar, hydro and geothermal sources, and also includes various technologies that support the production, use and storage of these sources.

  •  
      

    • 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 06/26/17

    • 30-Day SEC Yield1

      0.72%
    • Total Net Assets

      $79.0M
    • Number of Holdings

      31
    • Options

      Available
    • Gross Expense Ratio2

      0.64%
    • Net Expense Ratio/TER2

      0.62%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/15/2017
  • Portfolio Composition (%)
    as of 06/26/17

    • % of Net Assets
    • Stocks

      100.16
    • Bonds

      0.00
    • Other

      0.00
    • Cash

      -0.16
  • Download All HoldingsDaily Holdings (%) as of 06/26/17

    Total Holdings: 31
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Tesla Inc
    TSLA US
    21,652
    8,173,41310.34
    Eaton Corp Plc
    ETN US
    106,151
    8,149,21210.31
    Vestas Wind Systems A/S
    VWS DC
    87,537
    7,645,5629.67
    Gamesa Corp Tecnologica Sa
    GAM SM
    269,061
    5,583,6257.06
    Nibe Industrier Ab
    NIBEB SS
    410,049
    3,850,2634.87
    Enersys
    ENS US
    51,987
    3,796,0914.80
    First Solar Inc
    FSLR US
    93,408
    3,752,1994.75
    Kurita Water Industries Ltd
    6370 JP
    129,304
    3,615,3564.57
    Cree Inc
    CREE US
    116,595
    2,948,6883.73
    China Longyuan Power Group Corp Ltd
    916 HK
    3,718,000
    2,766,9453.50
    Itron Inc
    ITRI US
    39,915
    2,756,1313.49
    Power Integrations Inc
    POWI US
    35,210
    2,561,5283.24
    Ormat Technologies Inc
    ORA US
    42,244
    2,534,6403.21
    Covanta Holding Corp
    CVA US
    156,108
    2,162,0962.74
    Esco Technologies Inc
    ESE US
    30,791
    1,832,0652.32
    Franklin Electric Co Inc
    FELE US
    46,083
    1,817,9742.30
    Edp Renovaveis Sa
    EDPR PL
    229,716
    1,801,0802.28
    Gcl-Poly Energy Holdings Ltd
    3800 HK
    15,352,600
    1,613,0912.04
    Veeco Instruments Inc
    VECO US
    48,573
    1,403,7601.78
    Badger Meter Inc
    BMI US
    34,848
    1,388,6931.76
    Innergex Renewable Energy Inc
    INE CN
    114,159
    1,259,7151.59
    Cosan Ltd
    CZZ US
    194,096
    1,216,9821.54
    Verbund Ag
    VER AV
    48,905
    901,2451.14
    Avx Corp
    AVX US
    54,221
    897,9001.14
    Nordex Se
    NDX1 GR
    74,297
    885,3201.12
    Xinjiang Goldwind Science & Technology
    2208 HK
    598,600
    863,4911.09
    Green Plains Inc
    GPRE US
    42,505
    828,8481.05
    Canadian Solar Inc
    CSIQ US
    52,940
    826,9231.05
    Jinkosolar Holding Co Ltd
    JKS US
    34,920
    707,1300.89
    Sunpower Corp
    SPWR US
    69,707
    630,8480.80
    Other/Cash
    --
    --
    -125,437-0.16
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Important Disclosure

    VanEck only serves professional clients in countries where the funds are registered or where funds can be sold in accordance with local private placement rules.

    130-Day SEC Yield is calculated daily, and is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons primarily among bond funds. It is based on the most recent 30-day period. This yield figure reflects the interest earned during the period after deducting the fund's expenses for the period. It does not reflect the yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. Distributions may vary from time to time. In the absence of temporary expense waivers or reimbursements, the 30-Day SEC Yield for VanEck Vectors Global Alternative Energy ETF would have been 0.65% on 06/26/2017.

    2GEX Fees & Expenses: Van Eck Associates Corporation (the "Adviser") has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses) from exceeding 0.62% of the Fund's average daily net assets per year until at least May 1, 2018. During such time, the expense limitation is expected to continue until the Fund's Board of Trustees acts to discontinue all or a portion of such expense limitation. TER, or Total Expense Ratio, is also referred to as "Net Expense Ratio".

    3Morningstar Ratings : If applicable, when the ETF is rated three stars or more for any given period. ©Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. 

    4IIV is an abbreviation for the intraday indicative value of an ETF's Shares (and is also known as the Indicative Optimized Portfolio Value or IOPV), and is disseminated every 15 seconds during regular trading hours. The IIV is based on the current market value of the securities and/or cash required to be deposited in exchange for a Creation Unit. The IIV does not necessarily reflect the precise composition of the current portfolio of securities held by the Fund at a particular point in time or the best possible valuation of the current portfolio. Therefore, the IIV should not be viewed as a "real-time" update of the Fund's NAV, which is computed only once a day. The Fund is not involved in, or responsible for, the calculation or dissemination of the IIV and makes no warranty as to its accuracy.

    6The S&P 500® Index consists of 500 widely held common stocks covering industrial, utility, financial and transportation sector; as an Index, it is unmanaged and is not a security in which investments can be made.

    For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics.

    An investment in the Fund may be subject to risks which include, among others, investing in alternative energy companies, investing in European issuers, foreign securities, foreign currency, depository receipts, consumer discretionary sector, industrials sector, information technology sector, utilities sector, small- and medium-capitalization companies, cash transactions, equity securities, market, operational, index tracking, authorized participant concentration, no guarantee of active trading market, trading issues, replication management, fund shares trading, premium/discount risk and liquidity of fund shares, non-diversified and concentration risks, , all of which may adversely affect the Fund. Foreign investments are subject to risks, which include changes in economic and political conditions, foreign currency fluctuations, changes in foreign regulations, and changes in currency exchange rates which may negatively impact the Fund's return. Small- and medium-capitalization companies may be subject to elevated risks. The Fund's assets may be concentrated in a particular sector and may be subject to more risk than investments in a diverse group of sectors.

    "Ardour Global Indexes, LLC (SM)", "ARDOUR GLOBAL INDEX (Extra Liquid) (SM)", and "ARDOUR - XL (SM)" are service marks of Ardour Global Indexes, LLC (SM) and have been licensed for use by Van Eck Associates Corporation. The product(s) is/are not sponsored, endorsed, sold or promoted by Ardour Global Indexes, LLC (SM) and Ardour Global Indexes, LLC (SM) makes no representation regarding the advisability of investing in the product(s). AGIXL is calculated by Dow Jones Indexes. VanEck Vectors Global Alternative Energy ETF (GEX), based on the AGIXL, is not sponsored, endorsed, sold or promoted by Dow Jones Indexes, and Dow Jones Indexes makes no representation regarding the advisability of investing in such product(s).

    Index returns are not Fund returns and do not reflect any management fees or brokerage expenses. Investors can not invest directly in the Index. Returns for actual Fund investors may differ from what is shown because of differences in timing, the amount invested and fees and expenses. Index returns assume that dividends have been reinvested.

    The "Net Asset Value" (NAV) of a VanEck Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF's intraday trading value. VanEck Vectors ETF investors should not expect to buy or sell shares at NAV.

    Fund shares are not individually redeemable and will be issued and redeemed at their NAV only through certain authorized broker-dealers in large, specified blocks of shares called "creation units" and otherwise can be bought and sold only through exchange trading. Shares may trade at a premium or discount to their NAV in the secondary market. You will incur brokerage expenses when trading Fund shares in the secondary market. Past performance is no guarantee of future results. Returns for actual Fund investments may differ from what is shown because of differences in timing, the amount invested, and fees and expenses.

    Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of the Fund carefully before investing. To obtain a prospectus and summary prospectus , which contains this and other information, call 800.826.2333 or visit vaneck.com/etfs . Please read the prospectus and summary prospectus carefully before investing.

    This content is published in the United States for residents of specified countries. Investors are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this content. Nothing in this content should be considered a solicitation to buy or an offer to sell shares of any investment in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction, nor is it intended as investment, tax, financial, or legal advice. Investors should seek such professional advice for their particular situation and jurisdiction.