You know hydraulic fracturing has crossed over from arcane oil and gas practice to cultural meme when there’s an ETF named for it.
The Market Vectors Unconventional Oil & Gas ETF (FRAK) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Unconventional Oil & Gas Index (MVFRAKTR), a rules-based index intended to track the overall performance of the unconventional oil and gas segment, defined as: coalbed methane, coal seam gas, shale oil, shale gas, tight natural gas, tight oil and tight sands.
Launched on February 14, 2012, FRAK currently holds shares in 43 companies — 34 US-listed companies, 8 Canadian-listed companies, and 1 Australian-listed company. Despite its memorable ticker symbol, none of the oil and gas service companies that actually conduct hydraulic fracturing operations are included (e.g., Halliburton, Schlumberger, Baker Hughes).
| All Fund Holdings as of 04/02/2012 | |||||
| Number | Holding | Ticker | Shares | Market Value | % of net assets |
| 1 | OCCIDENTAL PETE | OXY US | 13,977 | $1,369,645.38 | 7.96% |
| 2 | CANADIAN NAT RES | CNQ US | 39,697 | $1,350,491.94 | 7.85% |
| 3 | EOG RESOURCES | EOG US | 10,797 | $1,223,839.95 | 7.11% |
| 4 | DEVON ENERGY CO | DVN US | 15,716 | $1,136,738.28 | 6.61% |
| 5 | HESS CORP | HES US | 14,591 | $868,894.05 | 5.05% |
| 6 | WILLIAMS COS INC | WMB US | 26,753 | $830,948.18 | 4.83% |
| 7 | NOBLE ENERGY INC | NBL US | 7,834 | $785,436.84 | 4.57% |
| 8 | CHESAPEAKE ENERG | CHK US | 29,630 | $690,675.30 | 4.01% |
| 9 | ENCANA CORP | ECA CN | 33,222 | $655,510.34 | 3.81% |
| 10 | PIONEER NATURAL | PXD US | 5,457 | $611,947.98 | 3.56% |
| 11 | TALISMAN ENERGY | TLM US | 46,591 | $604,751.18 | 3.52% |
| 12 | CRESCENT POINT ENERGY CORP | CPG CN | 12,967 | $566,665.80 | 3.29% |
| 13 | SOUTHWESTRN ENGY | SWN US | 15,453 | $477,497.70 | 2.78% |
| 14 | NEXEN INC | NXY CN | 23,871 | $449,856.67 | 2.61% |
| 15 | CONCHO RESOURCES | CXO US | 4,310 | $447,205.60 | 2.60% |
| 16 | RANGE RESOURCES | RRC US | 7,088 | $416,278.24 | 2.42% |
| 17 | PENN WEST PETROLEUM LTD | PWT CN | 20,294 | $403,694.00 | 2.35% |
| 18 | CONSOL ENERGY | CNX US | 10,259 | $357,628.74 | 2.08% |
| 19 | EQT CORP | EQT US | 6,686 | $330,488.98 | 1.92% |
| 20 | DENBURY RESOURCE | DNR US | 17,279 | $326,573.10 | 1.90% |
| 21 | CABOT OIL & GAS | COG US | 9,290 | $297,651.60 | 1.73% |
| 22 | WHITING PETROLEU | WLL US | 5,254 | $289,600.48 | 1.68% |
| 23 | QEP RESOURCES IN | QEP US | 7,939 | $250,475.45 | 1.46% |
| 24 | PLAINS EXPLORATI | PXP US | 5,502 | $237,686.40 | 1.38% |
| 25 | NEWFIELD EXPLORA | NFX US | 5,969 | $210,228.18 | 1.22% |
| 26 | SM ENERGY CO | SM US | 2,867 | $203,442.32 | 1.18% |
| 27 | NATIONAL FUEL GAS CO | NFG US | 3,528 | $170,561.16 | 0.99% |
| 28 | WPX ENERGY INC | WPX US | 8,973 | $165,551.85 | 0.96% |
| 29 | CONTL RES INC/OK | CLR US | 1,879 | $163,397.84 | 0.95% |
| 30 | PENGROWTH ENERGY CORP | PGF CN | 15,982 | $153,165.51 | 0.89% |
| 31 | ULTRA PETROLEUM | UPL US | 6,614 | $149,939.38 | 0.87% |
| 32 | PETROBAKKEN EN-A | PBN CN | 8,380 | $146,872.50 | 0.85% |
| 33 | TOURMALINE OIL CORP | TOU CN | 5,588 | $128,878.12 | 0.75% |
| 34 | ROSETTA RESOURCE | ROSE US | 2,334 | $115,252.92 | 0.67% |
| 35 | KODIAK OIL & GAS CORP | KOG US | 11,290 | $113,464.50 | 0.66% |
| 36 | OASIS PETROLEUM INC | OAS US | 3,478 | $108,131.02 | 0.63% |
| 37 | BERRY PETROL-A | BRY US | 2,026 | $98,504.12 | 0.57% |
| 38 | AURORA OIL & GAS LTD | AUT AU | 16,769 | $66,445.89 | 0.39% |
| 39 | GULFPORT ENERGY CORP | GPOR US | 2,136 | $62,435.28 | 0.36% |
| 40 | FOREST OIL CORP | FST US | 4,977 | $60,918.48 | 0.35% |
| 41 | NORTHERN OIL AND GAS INC | NOG US | 2,667 | $56,113.68 | 0.33% |
| 42 | EXCO RESOURCES INC | XCO US | 6,657 | $44,402.19 | 0.26% |
| 43 | BIRCHCLIFF ENERGY LTD | BIR CN | 4,008 | $29,333.23 | 0.17% |
| 44 | Net Other Assets / Cash | 0 | ($3,723.26) | 0.00% | |