 | |
- close
- close
|
Financial Market Commentary by Simit Patel
Jan 6
Comment
The alternative energy sector has been heralded by many as an investment opportunity in the US over the next four years. The rationale:
1. Fossil fuels are declining in supply and are environmentally destructive. While there are those who dispute...
Short-Term Trading
Sep 3
Comment
I believe this sector is quite interesting. However, it looks to be correlated in a positive way with oil. It is my opinion that it should overperform it anyway.
A Dash of Insight wrote an interesting post on alternative energy ETF (LINK).
Global...
Index Universe
Jun 7
Comment
Van Eck has joined the race to capitalize on the growing interest in alternative energy. The company, which has its roots in commodities management, launched the Market Vectors Global Alternative Energy (NYSE: GEX) in early May. It is Van Eck’s...
Suggest other news sources for this topic
Thank you for your suggestion
more ▼WIKI ANALYSIS
WIKI ANALYSIS
 |
This article describes an exchange traded fund that tracks an index, commodity, currency, or varied basket of securites. View articles referencing this fund. |
TOP CONTRIBUTORS
Market Vectors Global Alternative Energy ETF (GEX)
Overview
The Global Alternative Energy ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ardour Global IndexSM (Extra Liquid). The Index provides exposure to publicly traded companies worldwide that are principally engaged in the alternative energy industry. As such, the Fund is subject to the risks of investing in this sector.
Fund Information
- Fund Manager - Van Eck Funds
- Inception Date - 05/03/2007
- Exchange – NYSE Arca
- Index Ticker – GEX
- Intra-day NAV Ticker – GEX.IV
- Expense Ratio – 0.62%
Top Holdings
| Holdings | % of Portfolio |
| Vestas Wind Systems A/S VWS DC | 10.05% |
| Cree Inc CREE | 6.01% |
| First Solar Inc FSLR | 5.78% |
| Iberdrola Renovables S.A. IBR SM | 5.16% |
| Kurita Water Industries Ltd 6370 JP | 4.89% |
| Gamesa Corp Tecnologica SA GAM SM | 4.85% |
| Verbund - Oesterreichische Elektrizitaetswirtschafts AG VER AV | 4.29% |
| Itron Inc ITRI | 4.04% |
| MEMC Electronic Materials Inc WFR | 3.81% |
| Covanta Holding Corp CVA | 3.65% |
Holdings as of 13/11/2009
Other Energy ETFs
References
Energy ETFs
| ||||||
