Vaneck Low Carbon Etf Profile
| SMOG Etf | USD 102.88 0.72 0.70% |
Performance1 of 100
| Odds Of DistressLess than 9
|
VanEck Low is trading at 102.88 as of the 30th of November 2024. This is a 0.70 percent increase since the beginning of the trading day. The etf's lowest day price was 101.91. VanEck Low has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for VanEck Low Carbon are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in stocks of low carbon energy companies. Vaneck Low is traded on NYSEARCA Exchange in the United States. More on VanEck Low Carbon
Moving together with VanEck Etf
| 0.71 | ICLN | iShares Global Clean | PairCorr |
| 0.8 | TAN | Invesco Solar ETF | PairCorr |
| 0.66 | QCLN | First Trust NASDAQ | PairCorr |
Moving against VanEck Etf
VanEck Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | SHEMEN OIL GAS RES |
| Business Concentration | Strategy ETFs, Theme ETFs, Energy, Miscellaneous Sector, VanEck (View all Sectors) |
| Issuer | Van Eck |
| Inception Date | 2007-05-03 |
| Benchmark | MVIS Global Low Carbon Energy Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 126.37 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Van Eck Associates Corporation |
| Advisor | Van Eck Associates Corporation |
| Custodian | State Street Bank and Trust Company |
| Distributor | Van Eck Securities Corporation |
| Portfolio Manager | Hao-Hung Peter Liao, Guo Hua Jason Jin |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 65.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.61 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | (7.66) |
| Name | VanEck Low Carbon Energy ETF |
| Currency Code | USD |
| Open Figi | BBG000R18YM0 |
| In Threey Volatility | 27.04 |
| 1y Volatility | 27.63 |
| 200 Day M A | 101.19 |
| 50 Day M A | 105.39 |
| Code | SMOG |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.62) |
VanEck Low Carbon [SMOG] is traded in USA and was established 2007-05-03. The fund is listed under Miscellaneous Sector category and is part of VanEck family. The entity is thematically classified as Strategy ETFs. VanEck Low Carbon at this time have 202.22 M in assets. , while the total return for the last 3 years was -14.6%.
Check VanEck Low Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on VanEck Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VanEck Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as VanEck Low Carbon Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
VanEck Low Carbon Currency Exposure
VanEck Low Carbon holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of VanEck Low will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in VanEck Low Carbon.
Top VanEck Low Carbon Etf Constituents
| NIO | Nio Class A | Stock | Consumer Discretionary | |
| XPEV | Xpeng Inc | Stock | Consumer Discretionary | |
| TSLA | Tesla Inc | Stock | Consumer Discretionary | |
| SEDG | SolarEdge Technologies | Stock | Information Technology | |
| RUN | Sunrun Inc | Stock | Industrials | |
| PLUG | Plug Power | Stock | Industrials | |
| ORA | Ormat Technologies | Stock | Utilities | |
| ON | ON Semiconductor | Stock | Information Technology |
VanEck Low Top Holders
| RAAX | VanEck Inflation Allocation | Etf | Moderate Allocation |
VanEck Low Carbon 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 Low. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0234 | |||
| Jensen Alpha | 0.0116 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.07) |
VanEck Low Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VanEck Low Carbon. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of VanEck Low Carbon 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 Low's value that differs from its market value or its book value, called intrinsic value, which is VanEck Low'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 Low's market value can be influenced by many factors that don't directly affect VanEck Low'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 Low's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Low is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Low'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.