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SMOG

VanEck Low Carbon Energy ETF·NYSE
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Key Stats

Assets Under Management
129.15MUSD
Fund Flows (1Y)
-27.18MUSD
Dividend Yield
1.56%
Discount/Premium to NAV
0.16%
Shares Outstanding
983.30K
Expense Ratio
0.61%

About VanEck Low Carbon Energy ETF

Issuer
Van Eck Associates Corporation
Brand
VanEck
Inception Date
May 3, 2007
Structure
Open-Ended Fund
Index Tracked
MVIS Global Low Carbon Energy Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
SMOG seeks to track the performance of an index of alternative and renewable energy companies (like solar, wind, geothermal, hydro, hydrogen, waste, and biofuels). To be included in the fund, 50% of a company's revenue must come from renewable sources of energy, the development of related technologies, or sustainable building products that reduce energy consumption. The fund may also include companies engaged in electric vehicles and related technologies, air purification, smart grid, and advanced battery technologies. The index selects and weights up to 25 companies based on free-floating market cap, and caps each issuer at 8%. Prior to July 9, 2019, the fund was named VanEck Global Alternative Energy ETF with the ticker GEX. Also, prior to April 26, 2021, the fund tracked the Ardour Global Index.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Low Carbon
Strategy
Vanilla
Geography
Developed Markets
Weighting Scheme
Market Cap
Selection Criteria
Market cap

Analysis

Sector

Utilities

36.55%

Consumer Cyclical

27.30%

Industrials

25.31%

Technology

9.48%

Basic Materials

0.85%

Financial Services

0.51%

Asset

Holdings

Symbol

Ratio

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TSLA

Tesla
8.38%
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NEE

Nextera
7.88%
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Iberdrola Sa

7.20%
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Enel Spa

6.61%
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Byd Co Ltd

5.89%
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Vestas Wind Systems A/S

5.05%

Symbol

Ratio

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FSLR

First Solar
3.73%
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RIVN

Rivian Automotive
3.61%
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BE

Bloom Energy
2.66%
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Kingspan Group Plc

2.40%

Top 10 Weight 53.41%

10 Total Holdings

See all holdings

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