FRAK Stock, VanEck Vectors Unconventional Oil & Gas ETF Information

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Unconventional Oil & Gas Index. sands and enhanced oil recovery (EOR). Unconventional oil and natural gas sources may be geographically extensive or deeply embedded in underground rock formations and are difficult to extract profitably without the use of new or developing technologies. Developing technologies include, among others, hydraulic fracturing (process of creating or expanding cracks in underground rock formations by pumping a high pressure mixture of water, sand and/or other additives into them) and horizontal drilling (method of drilling a well to reach a reservoir that is not directly beneath the drilling site). As of December 31, 2020, the Oil & Gas Index included 33 securities of companies with a market capitalization range of between approximately $696.5 million and $42.7 billion and a weighted average market capitalization of $12.