Basic Fund Data
Fund Provider:	Van Eck Associates
Asset Class:	Equity
Fund Category:	Global Industry Sector
Ticker:	SLX
Expense Ratio:	0.55%
Fund Category Expense Ratio Average:	0.62%
Options:	Yes
Fund Inception Date:	10-16-2006
Fund Structure:	Open-Ended
Fund Weighting Restrictions:	Non-diversified Fund Rules
Fund Tracking Method:	Full Replication
Dividend Payment Frequency:
Basic Index Data
Index Name:	Amex Steel Index
Index Provider:	American Stock Exchange
No of Index Holdings:	Under 100
Explanation of Index Strategy
Security Selection Category:	Screened
Security Selection Method:	Thematic
Security Selection Frequency:	Quarterly
Index Weighting Category:	Capitalization
Index Weighting Method:	Capped/Constrained
Index Weighting Frequency:	Annual

Market Price Return
1-Year:	55.47%
3-Year annualized:	6.98%
5-Year annualized:
10-Year annualized:
Annual Performance History
2009:	72.85
2008:	-63.79
2007:	84.37%
2006:
2005:
2004:
2003:
2002:
2001:
2000:
Data as of 10/31/09

Fundamentals
Assets MM:	$269.6
P/E Ratio:
P/B Ratio:
Median Market Cap:	$14404.5
12-month yield:	2.6%
Data as of 10/31/09

Risk / 3-Year Average
Alpha:	2.4
Beta:	1.93
Standard Deviation:	13.54
Sharpe Ratio:	0.09
Data as of 10/31/09

Index Snapshot:

The Market Vectors Steel ETF (Ticker: SLX) seeks investment results that correspond generally to the performance, before fees and expenses, of the Amex Steel Index. The index is a modified market capitalization-weighted index comprised of 30 publicly traded companies involved primarily in the production of steel products or mining and processing of iron ore. Stocks must have a market cap exceeding $100 million and daily average trading volume of at least $1 million over the past 3 months. Index includes US common stocks and ADRs. The weight of any single component security may not account for more than 20% of the total value of the index and the aggregate weight of those component securities which individually represent more than 4.5% of the total value of the index may not account for more than 50% of the index. The Fund normally invests at least 95% of its total assets in securities that comprise index.