EVX
VanEck Environmental Services ETF
VanEck Vectors--Environment Services ETF seeks investment results that correspond to the price and yield of the performance of the Amex Environmental Services Index.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
83.0 M
ASSETS UNDER MGMT
55 bp
EXPENSES
Fund Basics
| Fund sponsor | Van Eck Associates Corp |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Oct 10, 2006 |
| Assets (mns) | $83 |
| Expense ratio | 55 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| WASTE MANAGEMENT INC | 10.9 % |
| REPUBLIC SERVICES INC | 10.5 % |
| WASTE CONNECTIONS, INC. | 10.3 % |
| ECOLAB INC | 9.9 % |
| PURECYCLE TECHNOLOGIES INC | 4.9 % |
| DARLING INTERNATIONAL INC | 4.7 % |
| GFL ENVIRONMENTAL INC | 4.4 % |
| ABM INDUSTRIES INC | 4.2 % |
| DONALDSON CO INC | 4.2 % |
| CLEAN HARBORS INC | 4.0 % |
Constituent Breakdown
| Number of holdings | 23 |
| Herfindahl-Hirschman Index | 647 |
| Wgt avg mkt cap (mns) | $30,178 |
| Large cap (>$10bn) | 50.3% |
| Mid cap ($2-10bn) | 23.3% |
| Small cap (<$2bn) | 22.9% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 81.9 % |
 |
CANADA | 14.6 % |
 |
IRELAND | 3.6 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 15.0% | 31.2% | 12.4% | 4.5% | 11.7% | 11.2% | 9.4% | Volatility | 13.5% | 14.4% | 16.2% | 18.8% | 23.4% | 21.7% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.04 | 75% |
| MSCI EAFE | 0.87 | 54% |
| MSCI Emg Mkts | 0.63 | 28% |
Liquidity Measures
| Avg. volume (000) | 1 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.26% |
| ADV of underlying (mns) | $2,140 |
Technical Indicators
| Recent close | $188.59 |
| 30d moving avg. | $181.43 |
| Annualized volatility | 20.9% |
| Relative strength (RSI) | 53 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 4.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. EVX |
Expenses vs. EVX |
ALTAR Score™ vs. EVX |
|---|---|---|---|---|
| RNEW | VanEck Green Infrastructure ETF | 29.1% | -10 bp | -4.7% |
| PHO | Invesco Water Resources ETF | 14.7% | +5 bp | +1.0% |
| NETZ | TCW Transform Systems ETF | 13.3% | +20 bp | +0.2% |
| PIO | Invesco Global Water ETF | 11.6% | +20 bp | +1.8% |
| EBLU | Ecofin Global Water ESG Fund | 11.6% | -15 bp | +1.6% |
| FIW | First Trust Water ETF | 10.6% | -2 bp | +1.2% |
| OCFS | Otter Creek Focus Strategy ETF | 10.3% | +30 bp | +1.1% |
| IDU | iShares U.S. Utilities ETF | 10.2% | -15 bp | +1.5% |
Risk and Returns: EVX vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/22/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
EVX
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
EVX
3.3%
Cat. Avg
4.1%
ALTAR Score™ Calculation
Category Overview
There are 376 funds in the Global Equity category, with an average ALTAR Score™
of 4.1% and a standard deviation of
4.7%. EVX's ALTAR Score™ is approximately
0.2 standard deviations
below
the category average. This places EVX in the 43rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
EVXSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Global Equity ETFs |
| # of ETFs | 191 |
| Avg. Expense Ratio | 55.4 bp |
| Std. Deviation | 17.5 bp |
| EVX (55 bp) Percentile rank | 50 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| EVX | 55.0 | 26.4 | 81.4 |
| Peer Avg. | 57.2 | 40.4 | 97.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .