Market Vectors® Global Alternative Energy ETF (GEX)

60.50
Data as of Jul 31
 -1.89 / -3.03%
Today’s Change
47.60
Today|||52-Week Range
66.49
+8.11%
Year-to-Date

Investment Objective

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ardour Global IndexSM (Extra Liquid). The fund normally invests at least 80% of its total assets in stocks of companies primarily engaged in the business of alternative energy. Such companies may include small- and medium-capitalization companies and foreign issuers. Alternative energy refers to the generation of power through environmentally friendly, non traditional sources. The fund intends to invest at least 30% of its assets in the securities of non-U.S. companies located in at least three different countries. It is non-diversified.

Performance

1 month-5.15% 3 years+8.53%
3 months+5.67% 5 years-2.38%
1 year+25.13% Since inception-7.57%
Data through 07/31/2014

Quote Details

Previous close$62.39
Open day’s range60.42 – 62.39
Net asset value (NAV)62.40 (07/30/2014)
Daily volume17,433
Average volume (3 months)9,685
Data as of 3:59pm ET, 07/31/2014

Peer Comparisonvs. Miscellaneous sector ETFs

 GEXCategory
Performance 5-yr return-2.38%+4.55%
Expense Gross exp ratio0.72%1.10%
Risk 5 year sharpe ratio0.100.43
Net assets$114.0M$208.2M
Average market cap$6.9B$6.5B
Average P/E28.517.3
Dividend / Share--0.26%

Competitors

CGW Guggenheim S&P Global Water Index ETF
IGF iShares Global Infrastructure ETF
FIW First Trust ISE Water Index Fund

Holdings

Top 5 Sectors
Portfolio weighting
Hardware 51.68%
Industrial materials 25.32%
Utilities 18.97%
Consumer goods 4.03%
Business service 0.00%
Top 10 Holdings
Portfolio weighting
TSLA Tesla Motors Inc11.03%
ETN Eaton Corp PLC9.67%
-- Vestas Wind Systems A/S9.07%
CREE Cree Inc5.97%
SUNE SunEdison Inc5.79%
FSLR First Solar Inc5.12%
-- Enel Green Power SpA4.46%
-- GCL-Poly Energy Holdings Ltd3.93%
-- China Longyuan Power Group Corp Ltd H Shares3.77%
SCTY SolarCity Corp3.69%

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