SMOG

VanEck Low Carbon Energy ETF

$132.78
+0.00%
Market closed. Last update: 12:26 PM ET

📎 Investment Objective

The VanEck Low Carbon Energy ETF (SMOG) seeks to track the performance of the MVIS Global Low Carbon Energy Index, which is designed to provide exposure to companies involved in the low carbon energy industry.

Overview

ETF tracking VanEck Low Carbon Energy ETF

Category Thematic
Issuer VanEck
Inception Date 2007-12-14
Market Cap $137.2M
Average Volume N/A
Dividend Yield 1.22%
52-Week Range $89.06 - $138.36
VWAP $131.95

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The VanEck Low Carbon Energy ETF (SMOG) seeks to track the performance of the MVIS Global Low Carbon Energy Index, which is designed to provide exposure to companies involved in the low carbon energy industry.

🎯 Investment Strategy

The ETF invests in companies that derive at least 50% of their revenues from low carbon energy sources and technologies, such as renewable energy, energy efficiency, and energy storage. The fund aims to provide investors with exposure to the growing low carbon energy sector.

✨ Key Features

  • Focuses on companies involved in low carbon energy technologies and solutions
  • Seeks to track the MVIS Global Low Carbon Energy Index
  • Diversified portfolio across the low carbon energy industry
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific sector
  • Volatility risk as the low carbon energy industry can be subject to significant price swings
  • Liquidity risk due to the fund's small asset size and limited trading volume
  • Regulatory and policy risk as changes in government policies can impact the low carbon energy industry

👤 Best For

The VanEck Low Carbon Energy ETF may be suitable for investors seeking exposure to the growing low carbon energy sector as part of a diversified portfolio. Investors should have a long-term investment horizon and be willing to accept the higher volatility and risks associated with a thematic, sector-focused fund.