EVX

VanEck Environmental Services ETF

$37.19
+0.00%
Market closed. Last update: 11:43 PM ET

📎 Investment Objective

The VanEck Environmental Services ETF (EVX) seeks to track the performance of companies involved in providing environmental services and equipment.

Overview

ETF tracking VanEck Environmental Services ETF

Category Other
Issuer VanEck
Inception Date 2008-11-21
Market Cap $87.8M
Average Volume N/A
Dividend Yield 2.14%
52-Week Range $31.90 - $40.21
VWAP $36.99

Performance

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Investment Summary

📎 Investment Objective

The VanEck Environmental Services ETF (EVX) seeks to track the performance of companies involved in providing environmental services and equipment.

🎯 Investment Strategy

The fund invests in a portfolio of companies that derive a significant portion of their revenues from environmental services, such as waste management, water treatment, and pollution control. The fund seeks to replicate the performance of the NYSE Arca Environmental Services Index.

✨ Key Features

  • Exposure to companies providing environmental services and equipment
  • Diversified portfolio across the environmental services industry
  • Passively managed to track the NYSE Arca Environmental Services Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific industry
  • Market risk as the value of the fund's holdings may fluctuate with market conditions
  • Liquidity risk as some of the fund's holdings may have limited trading volume
  • Regulatory risk as changes in environmental regulations could impact the companies in the fund

👤 Best For

The VanEck Environmental Services ETF may be suitable for investors seeking exposure to the environmental services industry as part of a diversified portfolio. It may be of particular interest to investors with a long-term investment horizon and a focus on sustainable investing.