Vaneck Environmental Services Etf Profile
EVX Etf | USD 190.98 0.13 0.07% |
Performance8 of 100
| Odds Of DistressLess than 9
|
VanEck Environmental is trading at 190.98 as of the 28th of November 2024; that is 0.07 percent decrease since the beginning of the trading day. The etf's open price was 191.11. VanEck Environmental has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for VanEck Environmental Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in common stocks and ADRs of companies involved in the environmental services industry. Vaneck Environmental is traded on NYSEARCA Exchange in the United States. More on VanEck Environmental Services
Moving together with VanEck Etf
VanEck Etf Highlights
CEO | Keith Carlson |
Thematic Ideas | (View all Themes) |
Business Concentration | Strategy ETFs, Theme ETFs, Industrials, VanEck (View all Sectors) |
Issuer | Van Eck |
Inception Date | 2006-10-10 |
Benchmark | NYSE Arca Environmental Services Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 84.07 Million |
Average Trading Valume | 1,228 |
Asset Type | Equity |
Category | Strategy |
Focus | Theme |
Market Concentration | Blended Development |
Region | Global |
Administrator | Van Eck Associates Corporation |
Advisor | Van Eck Associates Corporation |
Custodian | State Street Bank and Trust Company |
Distributor | Van Eck Securities Corporation |
Portfolio Manager | Hao-Hung Peter Liao, Guo Hua Jason Jin |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 30-Nov |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 22.0 |
Market Maker | GTS |
Total Expense | 0.64 |
Management Fee | 0.5 |
Country Name | USA |
Returns Y T D | 25.4 |
Name | VanEck Environmental Services ETF |
Currency Code | USD |
Open Figi | BBG000Q55682 |
In Threey Volatility | 20.64 |
1y Volatility | 13.74 |
200 Day M A | 171.66 |
50 Day M A | 183.01 |
Code | EVX |
Updated At | 27th of November 2024 |
Currency Name | US Dollar |
VanEck Environmental Services [EVX] is traded in USA and was established 2006-10-10. The fund is classified under Industrials category within VanEck family. The entity is thematically classified as Strategy ETFs. VanEck Environmental currently have 67.91 M in assets under management (AUM). , while the total return for the last 3 years was 7.5%.
Check VanEck Environmental Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on VanEck Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VanEck Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as VanEck Environmental Services Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top VanEck Environmental Services Etf Constituents
TEN | Tsakos Energy Navigation | Stock | Energy | |
ERII | Energy Recovery | Stock | Industrials | |
WM | Waste Management | Stock | Industrials | |
TTEK | Tetra Tech | Stock | Industrials | |
TNC | Tennant Company | Stock | Industrials | |
STE | STERIS plc | Stock | Health Care | |
SRCL | Stericycle | Stock | Industrials | |
SCHN | SCHNITZER STEEL INDUSTRIES | Stock | Materials |
VanEck Environmental Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck Environmental. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0813 | |||
Jensen Alpha | 0.0834 | |||
Total Risk Alpha | (0.07) | |||
Sortino Ratio | (0.02) |
VanEck Environmental Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VanEck Environmental Services. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of VanEck Environmental is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Environmental's value that differs from its market value or its book value, called intrinsic value, which is VanEck Environmental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Environmental's market value can be influenced by many factors that don't directly affect VanEck Environmental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Environmental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.