VanEck Low Carbon Energy ETF (SMOG)
| Assets | $136.42M |
| Expense Ratio | 0.61% |
| PE Ratio | 18.65 |
| Shares Out | 1.28M |
| Dividend (ttm) | $1.75 |
| Dividend Yield | 1.69% |
| Ex-Dividend Date | Dec 18, 2023 |
| Payout Ratio | 30.90% |
| 1-Year Return | +9.62% |
| Volume | 1,580 |
| Open | 104.34 |
| Previous Close | 105.47 |
| Day's Range | 103.57 - 104.34 |
| 52-Week Low | 91.01 |
| 52-Week High | 114.01 |
| Beta | 1.28 |
| Holdings | 65 |
| Inception Date | May 3, 2007 |
About SMOG
Fund Home PageThe VanEck Low Carbon Energy ETF (SMOG) is an exchange-traded fund that is based on the MVIS Global Low Carbon Energy index, a market-cap-weighted index of companies that focuses specifically on renewable energy SMOG was launched on May 3, 2007 and is issued by VanEck.
Top 10 Holdings
56.70% of assets| Name | Symbol | Weight |
|---|---|---|
| Tesla, Inc. | TSLA | 9.01% |
| NextEra Energy, Inc. | NEE | 7.56% |
| BYD Company Limited | 1211 | 7.39% |
| Iberdrola, S.A. | IBE | 7.08% |
| Enel SpA | ENEL | 6.41% |
| Li Auto Inc. | LI | 4.68% |
| Vestas Wind Systems A/S | VWS | 4.21% |
| First Solar, Inc. | FSLR | 3.88% |
| Samsung Sdi Co Ltd | 006400 KS | 3.39% |
| Owens Corning | OC | 3.09% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2023 | $1.7529 | Dec 22, 2023 |
| Dec 19, 2022 | $1.458 | Dec 23, 2022 |
| Dec 20, 2021 | $0.7116 | Dec 27, 2021 |
| Dec 21, 2020 | $0.0918 | Dec 28, 2020 |
| Dec 20, 2018 | $0.337 | Dec 27, 2018 |
| Dec 18, 2017 | $0.767 | Dec 22, 2017 |
News
SMOG: Macro Headwinds Make This Low Carbon Energy ETF Hard To Inhale
The VanEck Low Carbon Energy ETF invest across companies benefiting from an ongoing transition away from fossil fuels. The fund's exposure to Tesla Inc as its top holding has allowed it to outperform ...
What Are Clean Energy ETFs And Should You Invest In Them?
It's a brave new world for investors, and done correctly, it's a wave that could lead to real long term gains.
SMOG: A Proactive Way To Invest In Sustainable Energy
SMOG tracks the MVIS Global Low Carbon Energy Index, which invests in companies that focus on producing clean energy. SMOG has outperformed the S&P 500 in the last couple of years, with average risk w...
SMOG: A Well-Diversified Bet On The Energy Transition
SMOG is an ETF investment in the long-term energy transition to low-carbon energy. The thesis has broad support of The Paris Agreement, Biden Administration and projections by EIA, BNP Paribas and Bla...
Is Climate Action a Good Investment Criteria?
Exposure to environmental progress could be a good idea in the current market environment.
Governments Increasingly Adopt Incentive Schemes To Encourage Decarbonization Of The Oil And Gas Industry
Oil and gas producing countries across the world are rolling out policies and regulations to boost investment in emission-reduction technologies and decarbonization of the upstream sector. In North Am...
3 Reasons Why Clean Energy Is At A Tipping Point
Russia's invasion of Ukraine is a stark reminder of the challenges to achieving a just and orderly energy transition. Clean power is now significantly more affordable than fossil fuel energy.
VanEck Low Carbon Energy ETF: Examining The Conditions
SMOG provides access to different sub-industries within the low-carbon energy space. Regulatory support and growing pressure to meet ESG standards is helping fuel the boom in clean energy.
Challenges For The Planned Carbon Border Tax Measures In The EU
The European Commission's policy proposals to change the European Union's Emissions Trading System (ETS) and the corollary Carbon Border Adjustment Mechanism (CBAM) are complex measures that potential...
Absent From COP26, Oil Companies Zero In On Hydrogen, CCS
A flurry of announcements, some barely preceding COP26 and some during the summit illustrate where some of the world's largest energy companies are currently headed. Just before COP26 began, BP and Da...
VanEck Debuts ESG Focused Muni ETF
VanEck has launched an active municipal bond fund with a sustainability twist.
ETF Odds & Ends: 1st Schwab Launch Since 2019
Plus, a number of index changes occurred last week.
3 Carbon Capture ETFs To Consider
Carbon capture is a process that captures carbon dioxide emissions. The carbon is either reused or stored so it won't enter the atmosphere.
VanEck Announces New Underlying Index for Its VanEck Vectors Low Carbon Energy ETF
NEW YORK--(BUSINESS WIRE)--VanEck announces new index for its VanEck Vectors Low Carbon Energy (SMOG), providing more diversified exposure to dynamic low carbon energy economy
The Renewable Energy 'Bear Market'?
Between January 6th and March 22nd, renewable energy stocks have fallen over 20%. After all, while renewable energy companies have a hard time on the market, both the TSX (+9.4%) and S&P 500 (+4.5%) a...
Clean Energy - A Global Paradigm Shift Is Underway
Regulatory support to transition the world to a cleaner energy mix and reduce the global carbon footprint along with falling costs of clean technology are setting the stage for a clean energy revoluti...
Interest in Clean Energy ETFs Is Soaring With Joe Biden In Office
Within his first hours in office, President Biden signed executive orders rejoining the Paris Climate Agreement, canceling the Keystone pipeline, and reinstating more than 100 environmental regulation...
VanEck Vectors Low Carbon Energy ETF: Pricing In A Reallocation Of Capital To Clean Energy
Blackrock CEO predicted a reallocation of capital to low carbon companies. SMOG has appreciated by about 70% year-to-date.
How The 2020 Presidential Election Could Impact Energy Stocks
Democratic presidential nominee Joe Biden and incumbent Republican President Donald Trump have very different stances on the energy sector. Biden favors clean energy and a shift to renewables, while T...
3 ETFs To Play For Tesla Battery Day
Perhaps one of the biggest events in its company history arrives today when Tesla (NASDAQ: TSLA) holds its highly anticipated Battery Day.
3 Alternative Energy ETFs For A Biden White House
Some sectors are more levered to political outcomes than others and while the renewable energy space is still in its formative stages, there's political leverage here, too.