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SMOG
VanEck Low Carbon Energy ETF

Fund Description

VanEck Low Carbon Energy ETF (SMOG) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Low Carbon Energy Index (MVSMOGTR). The index is a rules based index intended to track the overall performance of renewable energy companies which may include, but is not limited to: wind, solar, hydro, hydrogen, bio-fuel or geothermal technology, lithium-ion batteries, electric vehicles and related equipment, waste-to-energy production, smart grid technologies, or building or industrial materials that reduce carbon emissions or energy consumption.

 
 

  • Fund Ticker

    SMOG
  • Exchange

    NYSE Arca
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MVSMOGTR
  • Index Rebalancing

    Quarterly

 
as of 10/21/21

  • 30-Day SEC Yield1

    0.57%
  • Total Net Assets

    $310.2M
  • Number of Holdings

    71
  • Options

    Available
  • Gross Expense Ratio2

    0.64%
  • Net Expense Ratio/TER2

    0.62%
  • Distribution Frequency

    Annual

Key Points

  • Dynamic industry driven by growing demand for clean and renewable energy sources

  • Comprehensive exposure to the broad range of technologies and investment opportunities in the low carbon energy ecosystem

  • Pure-play exposure based on revenue qualifications

Trading Information

  • Fund Ticker

    SMOG
  • Index Total Return
    Ticker

    MVSMOGTR
  • NAV

    SMOGNV
  • Intraday NAV (IIV)4

    SMOGIV
  • Shares Outstanding

    1,883,298
  • Estimated Cash

    SMOGEU
  • Total Cash

    SMOGTC
  • CUSIP

    92189F502
  • ISIN

    US92189F5026
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.14%
  • Gross Expense Ratio

    0.64%
  • Fee Waivers and
    Expense Reimbursement

    -0.02%
  • Net Expense Ratio/TER2

    0.62%
2Expenses for SMOG are capped contractually at 0.62% until May 1, 2022. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Investment Professionals

  • Portfolio Manager and Head of Equity ETFs
  • Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
  • Joined VanEck in 2005
  • CFA charterholder; member of the CFA Society New York
  • BA, Mathematics and Economics, New York University
  • Portfolio Manager and Analyst for Equity ETFs
  • Joined VanEck in 2007
  • Prior to his current role, held a portfolio administration position at VanEck
  • Previously, Portfolio Analyst at Evaluation Associates
  • BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 10/21/21

NAV/
Market Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change
NAV/
Last Price
Premium/
Discount
Prem/Discount
Distribution Charts
NAV &
Prem/Discount
History
30-Day
Median
Bid Ask
Spread
NAV
Chart
SMOG $164.72
$164.57
4,598
3,301
$1.03 / +0.63%
$1.04 / +0.63%
-0.42%
-0.55%
$-0.15
-0.09%
--

Premium/Discount History as of 10/21/21

Calendar Year 2020 4Q 2020 1Q 2021 2Q 2021 3Q 2021 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 138 40 42 34 32
SMOG Days closed at NAV 4 1 0 0 1
Days closed at a discount 111 23 19 29 31

Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
05/03/07
SMOG (NAV) -8.06 -7.36 -9.82 36.14 37.10 23.72 16.22 2.45
SMOG (Share Price) -8.09 -7.53 -9.96 35.57 37.01 23.74 16.28 2.45
MVSMOGTR (Index)** -7.85 -6.71 -9.05 37.60 38.25 24.58 16.23 2.40
Performance Differential (NAV - Index) -0.21 -0.65 -0.77 -1.46 -1.15 -0.86 -0.01 0.05
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
05/03/07
SMOG (NAV) -8.06 -7.36 -9.82 36.14 37.10 23.72 16.22 2.45
SMOG (Share Price) -8.09 -7.53 -9.96 35.57 37.01 23.74 16.28 2.45
MVSMOGTR (Index)** -7.85 -6.71 -9.05 37.60 38.25 24.58 16.23 2.40
Performance Differential (NAV - Index) -0.21 -0.65 -0.77 -1.46 -1.15 -0.86 -0.01 0.05

Top 10 Holdings (%) as of 09/30/21 Daily Holdings

Total Holdings: 71
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
TESLA INC
TSLA US
32,047
24,851,808 8.85
NEXTERA ENERGY INC
NEE US
279,489
21,945,476 7.81
IBERDROLA SA
IBE SM
1,729,116
17,404,658 6.20
ENEL SPA
ENEL IM
2,210,434
16,974,350 6.04
NIO INC
NIO US
475,073
16,926,851 6.03
VESTAS WIND SYSTEMS A/S
VWS DC
414,092
16,622,665 5.92
SAMSUNG SDI CO LTD
006400 KS
21,915
13,077,116 4.66
ORSTED AS
ORSTED DC
89,654
11,824,884 4.21
BYD CO LTD
1211 HK
299,000
9,293,635 3.31
XPENG INC
XPEV US
243,106
8,639,987 3.08
Top 10 Total (%) 56.11
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 09/30/21

  • Country

    % of Net Assets
  • United States

    32.41
  • China

    18.65
  • Denmark

    10.73
  • Spain

    7.21
  • Italy

    6.53
  • South Korea

    5.31
  • Canada

    3.63
  • Sweden

    3.04
  • Ireland

    2.21
  • New Zealand

    1.89
  • United Kingdom

    1.63
  • Germany

    1.57
  • Portugal

    1.01
  • Brazil

    0.98
  • Norway

    0.67
  • Austria

    0.55
  • Thailand

    0.55
  • Chile

    0.38
  • Japan

    0.37
  • France

    0.33
  • Taiwan

    0.30
  • Switzerland

    0.23
  • Other/Cash

    -0.17

Sector Weightings (%) as of 09/30/21

  • Sector

    % of Net Assets
  • Utilities

    36.2
  • Consumer Discretionary

    27.3
  • Industrials

    20.2
  • Information Technology

    14.0
  • Materials

    1.6
  • Financials

    0.6
  • Energy

    0.3
  • Other/Cash

    -0.2