Net Asset is current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assest is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Net Asset is the value used in calulating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formullay that uses closing prices of all positions in the fund's portfolio.
Market Net Asset Assessment
Based on recorded statements Market Vectors Glb Alternatve Energy ETF has Net Asset of 95.03 M. This is 77.5% lower than that of Market Vectors family, and 19.47% higher than that of Miscellaneous Sector category, The Net Asset for all etfs is 87.75% higher than the company.
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Market is rated below average in net asset as compared to similar ETFs.
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