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SMOG
VanEck Vectors Low Carbon Energy ETF

Fund Description

VanEck Vectors® Low Carbon Energy ETF (SMOG) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ardour Global IndexSM Extra Liquid (AGIXLT). The index is intended to track the overall performance of low carbon energy companies which are those companies primarily engaged in alternative energy which includes power derived principally from bio-fuels (such as ethanol), wind, solar, hydro and geothermal sources and also includes the various technologies that support the production, use and storage of these sources.

 
 

  • Fund Ticker

    SMOG
  • Exchange

    NYSE Arca
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    AGIXLT
  • Index Rebalancing

    Quarterly

 
as of 02/24/21

  • 30-Day SEC Yield1

    0.05%
  • Total Net Assets

    $319.0M
  • Number of Holdings

    30
  • Options

    Available
  • Gross Expense Ratio2

    0.65%
  • Net Expense Ratio/TER2

    0.62%
  • Distribution Frequency

    Annual

Key Points

  • One-Trade Access to Low Carbon Energy
    Dynamic industry driven by growing demand for clean and alternative energy sources

  • Pure Play with Global Scope
    Global companies must derive at least 50% of total revenues from low carbon energy (i.e., alternative energy) to be added to the Index

  • Convenient Customization
    Customize overall commodity exposure with targeted allocation to low carbon energy companies

Trading Information

  • Fund Ticker

    SMOG
  • Index Total Return Ticker

    AGIXLT
  • 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

    0.15%
  • Gross Expense Ratio

    0.65%
  • Fee Waivers and
    Expense Reimbursement

    -0.03%
  • Net Expense Ratio/TER2

    0.62%
2Expenses for SMOG are capped contractually at 0.62% until May 1, 2021. 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 02/24/21

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 $169.38
$169.81
23,414
21,366
$2.73 / +1.64%
$4.13 / +2.49%
+2.39%
+2.61%
$0.43
0.25%
0.57%

Premium/Discount History as of 02/24/21

Calendar Year 2019 1Q 2020 2Q 2020 3Q 2020 4Q 2020 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 84 39 29 30 40
SMOG Days closed at NAV 6 2 0 1 1
Days closed at a discount 162 21 34 33 23

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) 6.27 52.57 6.27 126.46 41.08 29.91 12.29 3.80
SMOG (Share Price) 6.67 53.07 6.67 127.68 41.12 30.23 12.29 3.84
AGIXLT (Index) 6.65 53.40 6.65 128.70 42.16 30.57 12.20 3.71
Performance Differential (NAV - Index) -0.38 -0.83 -0.38 -2.24 -1.08 -0.66 0.09 0.09
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
05/03/07
SMOG (NAV) 12.37 50.97 118.65 118.65 39.81 25.84 11.83 3.37
SMOG (Share Price) 12.87 50.58 118.38 118.38 39.66 25.74 11.87 3.37
AGIXLT (Index) 12.38 51.28 120.34 120.34 40.71 26.21 11.71 3.25
Performance Differential (NAV - Index) -0.01 -0.31 -1.69 -1.69 -0.90 -0.37 0.12 0.12

Top 10 Holdings (%) as of 01/31/21 Daily Holdings

Total Holdings: 30
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
TESLA INC
TSLA US
37,638
29,866,882 9.53
NIO INC
NIO US
521,939
29,750,523 9.49
VESTAS WIND SYSTEMS A/S
VWS DC
118,395
25,448,910 8.12
EATON CORP PLC
ETN US
204,968
24,124,734 7.70
MICROCHIP TECHNOLOGY INC
MCHP US
168,694
22,960,940 7.32
BYD CO LTD
1211 HK
574,000
17,335,528 5.53
PLUG POWER INC
PLUG US
256,676
16,214,223 5.17
ORSTED AS
ORSTED DC
74,183
14,104,546 4.50
SAMSUNG SDI CO LTD
006400 KS
20,536
13,416,183 4.28
ENPHASE ENERGY INC
ENPH US
66,954
12,209,062 3.89
Top 10 Total (%) 65.53
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 01/31/21

  • Country

    % of Net Assets
  • United States

    55.09
  • China

    18.91
  • Denmark

    12.62
  • South Korea

    4.28
  • Canada

    3.09
  • Sweden

    2.41
  • Germany

    1.92
  • France

    1.72
  • Other/Cash

    -0.03

Sector Weightings (%) as of 01/31/21

  • Sector

    % of Net Assets
  • Industrials

    32.1
  • Information Technology

    31.0
  • Consumer Discretionary

    24.5
  • Utilities

    8.8
  • Materials

    3.6
  • Other/Cash

    0.0