Vaneck Green Infrastructure Etf Profile

RNEW Etf  USD 26.17  0.18  0.69%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
VanEck Green is selling for under 26.17 as of the 28th of November 2024; that is 0.69 percent increase since the beginning of the trading day. The etf's lowest day price was 26.17. VanEck Green has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for VanEck Green Infrastructure are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities of Green Infrastructure Companies. Vaneck Green is traded on NASDAQ Exchange in the United States. More on VanEck Green Infrastructure

VanEck Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Theme ETFs, Infrastructure, VanEck (View all Sectors)
IssuerVan Eck
Inception Date2022-10-18
BenchmarkIndxx US Green Infrastructure-MCAP Weighted Index
Entity TypeRegulated Investment Company
Asset Under Management1.95 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorVan Eck Associates Corporation
AdvisorVan Eck Associates Corporation
CustodianState Street Bank and Trust Company
DistributorVan Eck Securities Corporation
Portfolio ManagerPeter Liao
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Sep
ExchangeNASDAQ
Number of Constituents44.0
Market MakerOld Mission
Total Expense0.46
Management Fee0.45
200 Day M A24.0793
Country NameUSA
50 Day M A24.7446
CodeRNEW
Updated At26th of November 2024
Returns Y T D3.22
NameVanEck Green Infrastructure ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG019VR3JN5
TypeETF
1y Volatility24.32
VanEck Green Infrastructure [RNEW] is traded in USA and was established 2022-10-18. The fund is listed under Infrastructure category and is part of VanEck family. The entity is thematically classified as Strategy ETFs. VanEck Green Infrast at this time have in assets. , while the total return for the last year was 14.5%.
Check VanEck Green Probability Of Bankruptcy

Geographic Allocation (%)

Top VanEck Green Infrastructure Etf Constituents

REXREX American ResourcesStockEnergy
CLHClean HarborsStockIndustrials
BWABorgWarnerStockConsumer Discretionary
ITRIItron IncStockInformation Technology
SPHSuburban Propane PartnersStockUtilities
NFENew Fortress EnergyStockEnergy
SWXSouthwest Gas HoldingsStockUtilities
RIVNRivian AutomotiveStockConsumer Discretionary
More Details

VanEck Green Infrast Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck Green. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

VanEck Green Against Markets

When determining whether VanEck Green Infrast is a strong investment it is important to analyze VanEck Green's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VanEck Green's future performance. For an informed investment choice regarding VanEck Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in VanEck Green Infrastructure. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of VanEck Green Infrast is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Green's value that differs from its market value or its book value, called intrinsic value, which is VanEck Green's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Green's market value can be influenced by many factors that don't directly affect VanEck Green's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Green's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.