Individual Investors

Subscribe to email updates

Subscribe now

Financial Professionals

Subscribe to email updates, or password protected financial professional-only content
email address/username
password

Natural Resources ETF HAP

  • Full Name: Market Vectors®
    Natural Resources ETF (HAP®)

    Management Style: Replication

    Underlying Index: RogersTM-Van Eck Natural Resources Index (RVEIT)

    Index Provider: S-Network Global Indexes, LLC

    Index Description: RVEIT is a rules-based index which gives investors a means of tracking the performance of a global universe of listed companies engaged in the production and distribution of commodities and commodity-related products and services.

  •  
      

    • Fund Ticker

      HAP
    • Exchange

      NYSE Arca
    • Commencement

      08/29/2008
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      RVEIT
    • Index Rebalancing

      Quarterly
  •  
    as of 07/23/14

    • 30-Day SEC Yield1

      1.69%
    • Total Net Assets

      $110.0M
    • Number of Holdings

      341
    • Options

      Expected
    • Gross Expense Ratio2

      0.74%
    • Net Expense Ratio/TER2

      0.50%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/19/2014
  • Portfolio Composition (%)
    as of 07/23/14

    • % of Net Assets
    • Stocks

      100.57
    • Bonds

      0.00
    • Other

      0.00
    • Cash

      -0.57
  • Download All HoldingsAll Holdings (%)as of 07/23/14

    Total Holdings: 341
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Monsanto Co
    MON US
    50,560
    5,899,9515.36
    Exxon Mobil Corp
    XOM US
    55,713
    5,808,0805.28
    Chevron Corp
    CVX US
    24,697
    3,306,4343.01
    Syngenta Ag
    SYNN VX
    8,983
    3,211,1942.92
    Deere & Co
    DE US
    35,090
    3,089,2862.81
    Archer-Daniels-Midland Co
    ADM US
    63,128
    3,048,4512.77
    Potash Corp Of Saskatchewan Inc
    POT US
    81,507
    2,976,9252.71
    Bhp Billiton Ltd
    BHP AU
    73,839
    2,706,1312.46
    Total Sa
    FP FP
    30,694
    2,124,3151.93
    Bp Plc
    BP/ LN
    242,672
    2,068,5871.88
    Schlumberger Ltd
    SLB US
    16,893
    1,893,8741.72
    Rio Tinto Plc
    RIO LN
    28,533
    1,648,7031.50
    Mosaic Co/The
    MOS US
    31,202
    1,482,0951.35
    Conocophillips
    COP US
    15,928
    1,393,5411.27
    Royal Dutch Shell Plc
    RDSB LN
    31,831
    1,379,8751.25
    Agrium Inc
    AGU US
    13,861
    1,273,5491.16
    Cf Industries Holdings Inc
    CF US
    5,023
    1,266,7501.15
    Goldcorp Inc
    GG US
    42,850
    1,176,6611.07
    Barrick Gold Corp
    ABX US
    61,371
    1,150,0931.05
    Bunge Ltd
    BG US
    14,193
    1,063,0560.97
    Tyson Foods Inc
    TSN US
    26,549
    1,043,1100.95
    Occidental Petroleum Corp
    OXY US
    10,192
    1,035,5070.94
    Eni Spa
    ENI IM
    34,889
    929,8390.85
    Freeport-Mcmoran Copper & Gold Inc
    FCX US
    23,900
    928,8140.84
    Glencore International Plc
    GLEN LN
    143,491
    911,2550.83
    Bg Group Plc
    BG/ LN
    44,130
    905,8280.82
    Anglo American Plc
    AAL LN
    31,987
    870,6500.79
    Cnh Industrial Nv
    CNHI US
    89,854
    831,1500.76
    Yara International Asa
    YAR NO
    17,192
    823,5760.75
    Eog Resources Inc
    EOG US
    7,090
    822,9720.75
    Tractor Supply Co
    TSCO US
    13,358
    815,7730.74
    Halliburton Co
    HAL US
    10,956
    810,9630.74
    Suncor Energy Inc
    SU US
    19,051
    808,3340.73
    Anadarko Petroleum Corp
    APC US
    6,553
    726,1380.66
    Nippon Steel Corp
    5401 JP
    218,700
    672,8160.61
    Newmont Mining Corp
    NEM US
    26,269
    661,7160.60
    Canadian Natural Resources Ltd
    CNQ US
    14,184
    648,6340.59
    International Paper Co
    IP US
    13,259
    636,2990.58
    Gazprom Oao
    OGZD LI
    76,781
    632,6050.58
    Wilmar International Ltd
    WIL SP
    240,664
    628,3520.57
    Phillips 66
    PSX US
    7,341
    596,6030.54
    Weyerhaeuser Co
    WY US
    17,908
    575,2050.52
    Corn Products International Inc
    INGR US
    7,194
    567,5510.52
    Posco
    005490 KS
    1,785
    552,9770.50
    Enbridge Inc
    ENB US
    10,831
    548,0490.50
    Williams Cos Inc/The
    WMB US
    8,894
    521,7220.47
    Apache Corp
    APA US
    5,004
    519,0650.47
    United Utilities Group Plc
    UU/ LN
    31,806
    501,4580.46
    Silver Wheaton Corp
    SLW US
    18,834
    497,7830.45
    Svenska Cellulosa Ab
    SCAB SS
    18,890
    492,2850.45
    Vestas Wind Systems A/S
    VWS DC
    10,452
    483,2370.44
    Transcanada Corp
    TRP US
    9,183
    479,9830.44
    National Oilwell Varco Inc
    NOV US
    5,567
    479,7640.44
    Alcoa Inc
    AA US
    26,972
    459,8730.42
    Agnico-Eagle Mines Ltd
    AEM US
    10,861
    447,1470.41
    Ioi Corp Bhd
    IOI MK
    275,794
    446,2560.41
    Agco Corp
    AGCO US
    8,425
    445,2610.40
    Marine Harvest Asa
    MHG NO
    30,479
    435,8300.40
    Newcrest Mining Ltd
    NCM AU
    40,223
    435,8290.40
    Pioneer Natural Resources Co
    PXD US
    1,856
    430,1280.39
    Vale Sa
    VALE US
    29,609
    424,5930.39
    Baker Hughes Inc
    BHI US
    5,656
    422,1640.38
    Randgold Resources Ltd
    GOLD US
    4,842
    417,9610.38
    Statoil Asa
    STL NO
    13,652
    416,5910.38
    Sasol Ltd
    SOL SJ
    6,651
    404,3590.37
    Veolia Environnement
    VIE FP
    22,031
    398,4520.36
    Lukoil Oao
    LKOD LI
    6,731
    394,1270.36
    Devon Energy Corp
    DVN US
    4,975
    390,5380.36
    Petrochina Co Ltd
    857 HK
    273,540
    381,5740.35
    Anglogold Ashanti Ltd
    AU US
    21,187
    379,8830.35
    Severn Trent Plc
    SVT LN
    11,116
    378,4000.34
    Nucor Corp
    NUE US
    7,327
    376,3380.34
    Yamana Gold Inc
    AUY US
    45,826
    374,3980.34
    Cnooc Ltd
    883 HK
    208,179
    372,5950.34
    Spectra Energy Corp
    SE US
    8,701
    371,9680.34
    Reliance Industries Ltd
    RIGD LI
    10,262
    355,4610.32
    Marathon Oil Corp
    MRO US
    8,771
    355,0500.32
    Centrica Plc
    CNA LN
    66,098
    350,2730.32
    Noble Energy Inc
    NBL US
    4,661
    345,8930.31
    Hess Corp
    HES US
    3,424
    342,9480.31
    Valero Energy Corp
    VLO US
    6,923
    334,7270.30
    Arcelormittal
    MT NA
    22,225
    331,3710.30
    Petroleo Brasileiro Sa
    PBR US
    19,311
    331,1840.30
    China Petroleum & Chemical Corp
    386 HK
    330,327
    327,2410.30
    Kinder Morgan Inc/Delaware
    KMI US
    8,668
    326,7840.30
    First Quantum Minerals Ltd
    FM CN
    13,595
    325,8090.30
    Woodside Petroleum Ltd
    WPL AU
    8,095
    324,4260.29
    Repsol Ypf Sa
    REP SM
    12,830
    317,9380.29
    Calbee Inc
    2229 JP
    10,300
    309,7270.28
    Darling International Inc
    DAR US
    15,875
    307,4990.28
    Kuala Lumpur Kepong Bhd
    KLK MK
    39,978
    301,3530.27
    Nisshin Seifun Group Inc
    2002 JP
    23,500
    299,1290.27
    Nutreco Nv
    NUO NA
    6,775
    297,5470.27
    Impala Platinum Holdings Ltd
    IMP SJ
    28,650
    292,3290.27
    Suez Environnement Co
    SEV FP
    15,186
    290,4710.26
    Golden Agri-Resources Ltd
    GGR SP
    644,319
    286,1530.26
    Eldorado Gold Corp
    EGO US
    37,742
    283,8200.26
    Thyssenkrupp Ag
    TKA GR
    9,766
    281,6350.26
    Cree Inc
    CREE US
    5,688
    278,4280.25
    Jfe Holdings Inc
    5411 JP
    13,264
    278,2370.25
    Mmc Norilsk Nickel
    MNOD LI
    13,108
    268,3380.24
    Teck Resources Ltd
    TCK US
    10,740
    256,3640.23
    Gruma Sab De Cv
    GRUMAB MM
    20,850
    251,0540.23
    Kinross Gold Corp
    KGC US
    60,301
    246,6310.22
    Pennon Group Plc
    PNN LN
    17,344
    238,0200.22
    China Steel Corp
    2002 TT
    277,032
    235,3100.21
    Weatherford International Ltd
    WFT US
    9,982
    234,5770.21
    Sumitomo Metal Mining Co Ltd
    5713 JP
    13,123
    229,0980.21
    Meadwestvaco Corp
    MWV US
    5,137
    222,2270.20
    Woongjin Coway Co Ltd
    021240 KS
    2,482
    221,7480.20
    Inpex Corp
    1605 JP
    14,100
    220,0920.20
    Cheniere Energy Inc
    LNG US
    2,839
    215,7640.20
    Concho Resources Inc/Midland Tx
    CXO US
    1,450
    213,4550.19
    Encana Corp
    ECA US
    9,612
    212,3290.19
    Rock-Tenn Co
    RKT US
    2,196
    210,5960.19
    Grupo Mexico Sab De Cv
    GMEXICOB MM
    57,264
    208,7750.19
    First Solar Inc
    FSLR US
    3,316
    208,2780.19
    Aqua America Inc
    WTR US
    8,259
    204,4100.19
    Packaging Corp Of America
    PKG US
    3,008
    200,1520.18
    Mondi Plc
    MNDI LN
    11,237
    197,9460.18
    Eqt Corp
    EQT US
    1,968
    196,6430.18
    Cameco Corp
    CCJ US
    9,106
    194,8680.18
    Origin Energy Ltd
    ORG AU
    14,286
    192,9580.18
    Fmc Technologies Inc
    FTI US
    3,051
    192,8840.18
    Norsk Hydro Asa
    NHY NO
    31,419
    192,2940.17
    Transocean Ltd
    RIG US
    4,414
    191,0380.17
    Southwestern Energy Co
    SWN US
    4,580
    190,1620.17
    Cameron International Corp
    CAM US
    2,649
    184,2910.17
    Oneok Inc
    OKE US
    2,697
    181,1310.16
    Pilgrim's Pride Corp
    PPC US
    5,747
    180,9730.16
    Cabot Oil & Gas Corp
    COG US
    5,414
    180,6110.16
    Chesapeake Energy Corp
    CHK US
    6,576
    178,6530.16
    Imperial Oil Ltd
    IMO US
    3,299
    177,2880.16
    Seadrill Ltd
    SDRL NO
    4,626
    176,2150.16
    Jx Holdings Inc
    5020 JP
    32,400
    172,0700.16
    Santos Ltd
    STO AU
    12,653
    171,9170.16
    Fortescue Metals Group Ltd
    FMG AU
    39,146
    171,5290.16
    Industrias Penoles Sab De Cv
    PE&OLES* MM
    6,492
    171,1780.16
    Range Resources Corp
    RRC US
    2,188
    169,0890.15
    Cimarex Energy Co
    XEC US
    1,129
    167,6570.15
    Stora Enso Oyj
    STERV FH
    17,427
    166,2220.15
    Ensco Plc
    ESV US
    3,032
    163,8800.15
    Helmerich & Payne Inc
    HP US
    1,403
    163,0990.15
    Cia De Saneamento Basico Do Estado De S
    SBS US
    15,941
    158,4540.14
    China Modern Dairy Holdings Ltd
    1117 HK
    326,400
    157,0070.14
    Gold Fields Ltd
    GFI US
    40,601
    156,7200.14
    Smurfit Kappa Group Plc
    SKG LN
    6,973
    152,9820.14
    Tullow Oil Plc
    TLW LN
    11,777
    152,6930.14
    Murphy Oil Corp
    MUR US
    2,188
    148,2370.13
    Southern Copper Corp
    SCCO US
    4,478
    147,8640.13
    Ivanhoe Mines Ltd/Ca
    TRQ CN
    41,353
    145,9220.13
    Graincorp Ltd
    GNC AU
    17,613
    145,9140.13
    Technip Sa
    TEC FP
    1,392
    145,4740.13
    Andersons Inc/The
    ANDE US
    2,557
    144,8540.13
    Oil Search Ltd
    OSH AU
    15,589
    140,2010.13
    Whiting Petroleum Corp
    WLL US
    1,543
    138,4530.13
    Tenaris Sa
    TS US
    3,063
    138,1410.13
    Talisman Energy Inc
    TLM US
    12,367
    138,1390.13
    Kghm Polska Miedz Sa
    KGH PW
    3,129
    136,5820.12
    Reliance Steel & Aluminum Co
    RS US
    1,788
    133,9030.12
    Kurita Water Industries Ltd
    6370 JP
    5,265
    129,6440.12
    China Shenhua Energy Co Ltd
    1088 HK
    44,091
    129,5060.12
    Ds Smith Plc
    SMDS LN
    28,365
    128,8010.12
    Anglo Platinum Ltd
    AMS SJ
    2,842
    127,3770.12
    Oji Paper Co Ltd
    3861 JP
    30,776
    126,2440.11
    Antofagasta Plc
    ANTO LN
    8,846
    125,6310.11
    Tatneft
    ATAD LI
    3,156
    124,6420.11
    Kobe Steel Ltd
    5406 JP
    78,735
    124,4660.11
    Gerdau Sa
    GGB US
    20,567
    122,5790.11
    Husky Energy Inc
    HSE CN
    3,828
    121,4990.11
    Consol Energy Inc
    CNX US
    2,983
    121,4380.11
    Stillwater Mining Co
    SWC US
    6,312
    118,7920.11
    Pan American Silver Corp
    PAAS US
    7,983
    118,7070.11
    Arc Resources Ltd
    ARX CN
    4,116
    118,6070.11
    Korea Zinc Co Ltd
    010130 KS
    291
    117,5730.11
    Kinder Morgan Management Llc
    KMR US
    1,442
    116,7010.11
    Holly Corp
    HFC US
    2,578
    115,8550.11
    Graphic Packaging Holding Co
    GPK US
    10,004
    115,6460.11
    Royal Gold Inc
    RGLD US
    1,495
    115,0850.10
    Voestalpine Ag
    VOE AV
    2,500
    114,2310.10
    Mitsubishi Materials Corp
    5711 JP
    30,229
    113,2790.10
    Steel Dynamics Inc
    STLD US
    5,140
    112,0010.10
    Kazakhgold Group Ltd
    PGIL LN
    35,151
    110,9350.10
    Gamesa Corp Tecnologica Sa
    GAM SM
    9,507
    110,5070.10
    Noble Corp
    NE US
    3,298
    109,4280.10
    Cia De Minas Buenaventura Sa
    BVN US
    9,731
    108,5980.10
    Novatek Oao
    NVTK LI
    1,024
    107,4910.10
    Boliden Ab
    BOL SS
    6,293
    104,8820.10
    Detour Gold Corp
    DGC CN
    8,295
    104,8800.10
    Allegheny Technologies Inc
    ATI US
    2,498
    104,6160.10
    Tourmaline Oil Corp
    TOU CN
    2,113
    104,5240.10
    Lindsay Corp
    LNN US
    1,240
    104,2220.09
    Oceaneering International Inc
    OII US
    1,401
    102,5110.09
    Phosagro Oao
    PHOR LI
    7,869
    101,2580.09
    Nabors Industries Ltd
    NBR US
    3,396
    99,5370.09
    Polymetal International Plc
    POLY LN
    10,577
    98,9350.09
    West Fraser Timber Co Ltd
    WFT CN
    2,071
    98,7050.09
    Core Laboratories Nv
    CLB US
    582
    97,5550.09
    Tesoro Corp
    TSO US
    1,678
    97,3740.09
    Olam International Ltd
    OLAM SP
    46,981
    96,1190.09
    China Agri-Industries Holdings Ltd
    606 HK
    213,814
    93,5530.09
    Empresas Cmpc Sa
    CMPC CI
    41,424
    92,8870.08
    United States Steel Corp
    X US
    3,329
    92,4800.08
    Rosneft Oil Co
    ROSN LI
    13,749
    91,9620.08
    Surgutneftegas
    SGGD LI
    12,515
    90,9380.08
    Hyundai Steel Co
    004020 KS
    1,287
    90,8460.08
    Eregli Demir Ve Celik Fabrikalari Tas
    EREGL TI
    41,070
    90,3800.08
    Ypf Sa
    YPF US
    2,500
    89,9000.08
    B2gold Corp
    BTO CN
    33,483
    89,4710.08
    Lonmin Plc
    LMI LN
    22,425
    89,0020.08
    Cia Siderurgica Nacional Sa
    SID US
    17,444
    88,0920.08
    Seaboard Corp
    SEB US
    29
    84,6830.08
    Continental Resources Inc/Ok
    CLR US
    555
    84,6430.08
    Alumina Ltd
    AWC AU
    56,885
    83,8690.08
    Nippon Suisan Kaisha Ltd
    1332 JP
    26,714
    83,3910.08
    Domtar Corp
    UFS US
    1,988
    83,0790.08
    Saipem Spa
    SPM IM
    3,263
    82,8960.08
    Joy Global Inc
    JOY US
    1,296
    82,2310.07
    Iluka Resources Ltd
    ILU AU
    9,628
    82,1680.07
    Aguas Andinas Sa
    AGUAS/A CI
    128,435
    81,9370.07
    Denbury Resources Inc
    DNR US
    4,562
    81,1580.07
    Qep Resources Inc
    QEP US
    2,336
    80,1720.07
    Noble Group Ltd
    NOBL SP
    68,000
    77,9630.07
    Zijin Mining Group Co Ltd
    2899 HK
    316,561
    77,9360.07
    Sunpower Corp
    SPWR US
    2,012
    77,7840.07
    Omv Ag
    OMV AV
    1,868
    77,7460.07
    Pacific Rubiales Energy Corp
    PRE CN
    4,069
    77,5500.07
    Iamgold Corp
    IMG CN
    19,853
    74,4910.07
    New Gold Inc
    NGD CN
    11,588
    72,6100.07
    Carpenter Technology Corp
    CRS US
    1,222
    71,9020.07
    Bluescope Steel Ltd
    BSL AU
    12,512
    70,9450.06
    Petra Diamonds Ltd
    PDL LN
    19,985
    70,8780.06
    Sk Energy Co Ltd
    096770 KS
    719
    69,8240.06
    Kws Saat Ag
    KWS GR
    191
    69,3030.06
    Itron Inc
    ITRI US
    1,834
    69,2700.06
    Astra Agro Lestari Tbk Pt
    AALI IJ
    30,444
    68,7940.06
    Hitachi Metals Ltd
    5486 JP
    4,217
    68,6940.06
    Lundin Mining Corp
    LUN CN
    11,716
    68,5040.06
    Baywa Ag
    BYW6 GR
    1,249
    68,3860.06
    Dowa Holdings Co Ltd
    5714 JP
    7,200
    67,8320.06
    Petrofac Ltd
    PFC LN
    3,320
    67,6780.06
    Kunlun Energy Co Ltd
    135 HK
    40,100
    67,6690.06
    Fibria Celulose Sa
    FIBR3 BZ
    6,800
    66,9510.06
    Genting Plantations Bhd
    GENP MK
    18,351
    66,0460.06
    China Gas Holdings Ltd
    384 HK
    32,600
    65,5400.06
    China Oilfield Services Ltd
    2883 HK
    24,300
    63,9790.06
    Acergy Sa
    SUBC NO
    3,651
    63,9450.06
    Jiangxi Copper Co Ltd
    358 HK
    32,100
    63,6720.06
    Nippon Paper Ind Co Ltd
    3863 JP
    3,600
    63,4640.06
    Alamos Gold Inc
    AGI CN
    6,711
    63,4200.06
    First Majestic Silver Corp
    FR CN
    6,191
    63,0020.06
    Louisiana-Pacific Corp
    LPX US
    4,319
    62,7120.06
    Northam Platinum Ltd
    NHM SJ
    14,247
    61,4570.06
    Harmony Gold Mining Co Ltd
    HMY US
    19,319
    61,4340.06
    Bega Cheese Ltd
    BGA AU
    13,230
    61,3360.06
    Lundin Petroleum Ab
    LUPE SS
    3,276
    60,4090.05
    Sumitomo Forestry Co Ltd
    1911 JP
    5,083
    60,4070.05
    Sappi Ltd
    SAP SJ
    14,043
    59,9810.05
    Verbund Ag
    VER AV
    3,079
    58,5540.05
    Nordex Se
    NDX1 GR
    2,829
    58,4070.05
    Adecoagro Sa
    AGRO US
    5,923
    58,3420.05
    Billerudkorsnas Ab
    BILL SS
    3,785
    58,1240.05
    Renewable Energy Corp Asa
    REC NO
    91,737
    57,6800.05
    American States Water Co
    AWR US
    1,808
    57,3320.05
    Holmen Ab
    HOLMB SS
    1,559
    55,1810.05
    Cliffs Natural Resources Inc
    CLF US
    3,525
    54,5670.05
    Formosa Petrochemical Corp
    6505 TT
    21,420
    54,3400.05
    Sk Holdings Co Ltd
    003600 KS
    329
    53,7560.05
    Canfor Corp
    CFP CN
    2,477
    52,8130.05
    Polski Koncern Naftowy Orlen
    PKN PW
    3,996
    52,7010.05
    Peabody Energy Corp
    BTU US
    3,520
    52,6940.05
    Huaneng Power International Inc
    902 HK
    40,700
    52,5960.05
    Worthington Industries Inc
    WOR US
    1,198
    50,4360.05
    Canadian Solar Inc
    CSIQ US
    1,762
    49,8290.05
    Daido Steel Co Ltd
    5471 JP
    9,200
    49,4770.04
    Worleyparsons Ltd
    WOR AU
    2,840
    49,2090.04
    Galp Energia Sgps Sa
    GALP PL
    2,798
    49,0500.04
    Cermaq Asa
    CEQ NO
    3,658
    48,4290.04
    Cia De Saneamento De Minas Gerais-Copas
    CSMG3 BZ
    2,700
    47,5040.04
    Perusahaan Perkebunan London Sumatra In
    LSIP IJ
    269,900
    47,1980.04
    Abitibibowater Inc
    RFP US
    2,894
    46,9410.04
    Now Inc
    DNOW US
    1,392
    46,4370.04
    Acerinox Sa
    ACX SM
    2,605
    45,6360.04
    Fosun International
    656 HK
    33,200
    44,5420.04
    Kumba Iron Ore Ltd
    KIO SJ
    1,334
    44,5210.04
    Diamond Offshore Drilling Inc
    DO US
    889
    44,4860.04
    African Rainbow Minerals Ltd
    ARI SJ
    2,232
    41,6890.04
    Aluminum Corp Of China Ltd
    ACH US
    3,630
    40,6200.04
    Aurubis Ag
    NDA GR
    775
    39,6980.04
    Schweitzer-Mauduit International Inc
    SWM US
    932
    39,6940.04
    Tupras Turkiye Petrol Rafine
    TUPRS TI
    1,592
    39,5270.04
    Kazakhmys Plc
    KAZ LN
    6,475
    38,0400.03
    Polskie Gornictwo Naftowe I Gazownictwo
    PGN PW
    21,432
    37,1240.03
    Nine Dragons Paper Holdings Ltd
    2689 HK
    51,457
    37,0440.03
    Slc Agricola Sa
    SLCE3 BZ
    4,700
    36,3890.03
    Severstal Oao
    SVST LI
    4,048
    35,9980.03
    Vedanta Resources Plc
    VED LN
    1,844
    35,8940.03
    China Gold Inttl Resources Corp Ltd
    CGG CN
    12,742
    35,3530.03
    Mol Hungarian Oil And Gas Plc
    MOL HB
    677
    34,9620.03
    Lee & Man Paper Manufacturing Ltd
    2314 HK
    66,000
    34,7820.03
    Rengo Co Ltd
    3941 JP
    7,470
    34,3410.03
    Salzgitter Ag
    SZG GR
    885
    33,9320.03
    Osisko Gold Royalties Ltd
    OR CN
    2,320
    33,7620.03
    Tonengeneral Sekiyu Kk
    5012 JP
    3,500
    33,0780.03
    Chefs' Warehouse Inc/The
    CHEF US
    1,764
    32,1050.03
    Ternium Sa
    TX US
    1,107
    31,5830.03
    Mayr Melnhof Karton Ag
    MMK AV
    251
    30,4510.03
    China Coal Energy Co
    1898 HK
    53,000
    29,2500.03
    Zhaojin Mining Industry Co Ltd
    1818 HK
    46,000
    28,6660.03
    S-Oil Corp
    010950 KS
    540
    28,5300.03
    Eramet
    ERA FP
    226
    28,0510.03
    Dongfang Electric Corp Ltd
    1072 HK
    15,900
    27,9200.03
    Inversiones Aguas Metropolitanas Sa
    IAM CI
    17,258
    27,7130.03
    Assore Ltd
    ASR SJ
    803
    27,3570.02
    Young Poong Corp
    000670 KS
    20
    27,0590.02
    Chaoda Modern Agriculture Holdings Ltd
    682 HK
    510,868
    26,8230.02
    Novolipetsk Steel Ojsc
    NLMK LI
    1,931
    26,4630.02
    Daio Paper Corp
    3880 JP
    3,000
    26,1380.02
    Salim Ivomas Pratama Tbk Pt
    SIMP IJ
    335,600
    25,5800.02
    Cap Sa
    CAP CI
    1,685
    24,2640.02
    Exxaro Resources Ltd
    EXX SJ
    1,766
    23,2750.02
    Ormat Technologies Inc
    ORA US
    827
    22,3950.02
    Portucel Empresa Produtora De Pasta E P
    PTI PL
    4,227
    19,3480.02
    Yanzhou Coal Mining Co Ltd
    1171 HK
    24,500
    19,2430.02
    China Molybdenum Co Ltd
    3993 HK
    30,500
    19,0510.02
    Petronas Dagangan Bhd
    PETD MK
    3,000
    18,3470.02
    Athens Water Supply & Sewage Co Sa/The
    EYDAP GA
    1,441
    18,2310.02
    Inner Mongolia Yitai Coal Co
    900948 CH
    13,300
    18,0880.02
    Jastrzebska Spolka Weglowa Sa
    JSW PW
    1,215
    17,0700.02
    Ssab Ab
    SSABB SS
    1,913
    17,0410.02
    Angang Steel Co Ltd
    347 HK
    24,400
    16,7790.02
    China Hongqiao Group Ltd
    1378 HK
    20,400
    16,6470.02
    Royal Dutch Shell Plc
    RDSA LN
    388
    16,0120.01
    International Nickel Indonesia Tbk Pt
    INCO IJ
    48,254
    15,7060.01
    Evraz Plc
    EVR LN
    6,933
    11,7710.01
    Tianjin Capital Environmental Protectio
    1065 HK
    14,300
    10,6920.01
    Magnitogorsk Iron & Steel Works
    MMK LI
    2,769
    6,6680.01
    Outokumpu Oyj
    OUT1V FH
    265
    2,6290.00
    Empresas Cmpc Sa
    CMPCOSA CI
    2,011
    5740.00
    Pescanova Sa
    PVA SM
    1,409
    00.00
    Other/Cash
    -627,812-0.57
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.