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
76.4 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) | $76 |
| 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 | 10.8 % |
| REPUBLIC SERVICES INC | 10.6 % |
| ECOLAB INC | 10.3 % |
| WASTE CONNECTIONS, INC. | 10.2 % |
| PURECYCLE TECHNOLOGIES INC | 5.3 % |
| GFL ENVIRONMENTAL INC | 4.5 % |
| ABM INDUSTRIES INC | 4.3 % |
| CLEAN HARBORS INC | 4.0 % |
| DONALDSON CO INC | 4.0 % |
| CASELLA WASTE SYSTEMS INC-A | 3.9 % |
Constituent Breakdown
| Number of holdings | 23 |
| Herfindahl-Hirschman Index | 647 |
| Wgt avg mkt cap (mns) | $33,438 |
| Large cap (>$10bn) | 53.3% |
| Mid cap ($2-10bn) | 19.8% |
| Small cap (<$2bn) | 23.2% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 81.8 % |
 |
CANADA | 14.7 % |
 |
IRELAND | 3.5 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 21.8% | 29.5% | 13.5% | 7.5% | 12.6% | 11.5% | 9.7% | 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 | 52% |
| MSCI Emg Mkts | 0.61 | 25% |
Liquidity Measures
| Avg. volume (000) | 1 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.26% |
| ADV of underlying (mns) | $1,278 |
Technical Indicators
| Recent close | $173.64 |
| 30d moving avg. | $187.03 |
| Annualized volatility | 21.0% |
| 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)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. EVX |
Expenses vs. EVX |
ALTAR Score™ vs. EVX |
|---|---|---|---|---|
| RNEW | VanEck Green Infrastructure ETF | 27.4% | -10 bp | -5.1% |
| PHO | Invesco Water Resources ETF | 14.9% | +5 bp | +1.1% |
| NETZ | TCW Transform Systems ETF | 13.3% | +20 bp | +0.3% |
| PIO | Invesco Global Water ETF | 11.8% | +20 bp | +1.8% |
| EBLU | Ecofin Global Water ESG Fund | 11.5% | -15 bp | +1.4% |
| FIW | First Trust Water ETF | 10.7% | -2 bp | +1.2% |
| IDU | iShares U.S. Utilities ETF | 10.4% | -15 bp | +1.7% |
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 12/20/2024
Peer Group Comparison Sample data. Subscribe for access.
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
3.6%
Cat. Avg
4.2%
ALTAR Score™ Calculation
Category Overview
There are 374 funds in the Global Equity category, with an average ALTAR Score™
of 4.2% and a standard deviation of
4.8%. EVX's ALTAR Score™ is approximately
0.1 standard deviations
below
the category average. This places EVX in the 45th 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. | 57.0 | 39.6 | 96.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .