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KWT VanEck Vectors Solar Energy ETF

  • Fund Description

    VanEck Vectors Solar Energy ETF (KWT®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Solar Energy Index (MVKWTTR), which is intended to track the overall performance of companies involved in photovoltaic and solar power, or the provision of solar power equipment/technologies and material or services to solar power equipment/technologies producers.

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    • 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 09/26/16

    • 30-Day SEC Yield1

      0.72%
    • Total Net Assets

      $11.9M
    • Number of Holdings

      30
    • Options

      Expected
    • Gross Expense Ratio2

      1.08%
    • Net Expense Ratio/TER2

      0.65%
    • Distribution Frequency

      Annual
    • Next Distribution Date

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

    • Weighted Average Market Cap

      $1.4B
    • Price/Earnings Ratio
      (Last 12 Months)*

      7.72
    • Price/Book Ratio
      (Last 12 Months)*

      1.09
    *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)

      0.0%
    • Mid ($1.0 - $5.0B)

      49.8%
    • Small (<$1.0B)

      50.2%
    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

      1.64
    • Correlation vs. S&P 500 Index

      0.55
    • Volatility (Standard Deviation)

      31.82
    • Sharpe Ratio

      -0.21

    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
    • CHINA

      30.36
    • UNITED STATES

      23.34
    • TAIWAN

      18.24
    • SPAIN

      8.16
    • THAILAND

      6.99
    • GERMANY

      4.04
    • CANADA

      3.81
    • FRANCE

      3.09
    • SWITZERLAND

      1.95
    • Other/Cash

      0.01
  • Portfolio Composition (%)
    as of 09/26/16

    • % of Net Assets
    • Stocks

      99.86
    • Bonds

      0.00
    • Other

      0.00
    • Cash

      0.14
  • Sector Weightings (%) as of 08/31/16

    • Sector

      % of Net Assets
    • Information Technology

      71.1
    • Utilities

      19.8
    • Industrials

      9.1
    • Other/Cash

      0.0
  • Currency Exposure (%)
    as of 08/31/16

    • U.S. Dollar

      42.65
    • Hong Kong Dollar

      21.10
    • Taiwan Dollar

      18.24
    • Euro

      7.12
    • Thai Baht

      6.99
    • Swiss Franc

      1.95
    • Norwegian Krone

      1.93
    • Other/Cash

      0.01