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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.

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    • 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 09/29/16

    • 30-Day SEC Yield1

      0.55%
    • Total Net Assets

      $84.3M
    • Number of Holdings

      31
    • Options

      Available
    • Gross Expense Ratio2

      0.62%
    • Net Expense Ratio/TER2

      0.62%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/16/2016
  • Fundamentals
    as of 08/31/16

    • Weighted Average Market Cap

      $10.6B
    • Price/Earnings Ratio
      (Last 12 Months)*

      14.95
    • Price/Book Ratio
      (Last 12 Months)*

      1.81
    *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 08/31/16

    • Capitalization

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

      48.6%
    • Mid ($1.0 - $5.0B)

      46.4%
    • Small (<$1.0B)

      5.2%
    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 08/31/16

    • Beta vs. S&P 500 Index

      1.29
    • Correlation vs. S&P 500 Index

      0.72
    • Volatility (Standard Deviation)

      19.05
    • Sharpe Ratio

      0.18

    Source: VanEck, 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

  • Country Weightings (%) as of 08/31/16

    • Country

      % of Net Assets
    • UNITED STATES

      48.22
    • CHINA

      12.66
    • DENMARK

      11.67
    • SPAIN

      8.28
    • SWEDEN

      4.38
    • JAPAN

      4.09
    • GERMANY

      3.08
    • PORTUGAL

      2.48
    • BRAZIL

      1.98
    • AUSTRIA

      1.02
    • FRANCE

      0.96
    • CANADA

      0.90
    • TAIWAN

      0.47
    • Other/Cash

      -0.19
  • Portfolio Composition (%)
    as of 09/29/16

    • % of Net Assets
    • Stocks

      99.98
    • Bonds

      0.00
    • Other

      0.00
    • Cash

      0.02
  • Sector Weightings (%) as of 08/31/16

    • Sector

      % of Net Assets
    • Industrials

      54.8
    • Information Technology

      22.4
    • Utilities

      10.5
    • Consumer Discretionary

      9.2
    • Energy

      3.4
    • Other/Cash

      -0.2
  • Currency Exposure (%)
    as of 08/31/16

    • U.S. Dollar

      54.49
    • Euro

      14.86
    • Danish Krone

      11.67
    • Hong Kong Dollar

      10.23
    • Swedish Krona

      4.38
    • Japanese Yen

      4.09
    • Taiwan Dollar

      0.47
    • Other/Cash

      -0.19