Gulf States ETF falls on political unrest - MarketWatch

The Market Vectors Gulf States Index ETF was off 3% in early U.S. trading Tuesday on news of rising violence in Iran and Libya amid anti-government protests. The regional exchange-traded fund is down 13% year to date. As of Dec. 31, the top index country allocations were Kuwait at 44.8%, Qatar at 24.6%, United Arab Emirates at 20.1%, Oman at 5%, Bahrain at 3.8% and Yemen at 1.7%, according to the portfolio manager, Van Eck Global.