Van Eck’s Specialty ETFs

Van Eck has built nearly a $10 billion ETF business in only three years according to the WSJ‘s Ian Salisbury.

The New York company has expanded its line-up to include more than 20 specialty exchange traded funds. The firm’s first ETF, the Market Vectors Gold Miners ETF (GDX), helps investors gain exposure to gold through the stock market rather than by buying gold directly.

Another Van Eck fund highlighted in the article is the Market Vectors Coal ETF (KOL), a top performer in 2009 after falling 75% in the second half of 2008.

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