EVXVanEck Environmental Services ETF
EVX Fund Description
EVX tracks a tiered equal-weighted index of companies that stand to benefit from increased demand for waste management.
EVX Factset Analytics Insight
EVX offers a small and highly concentrated portfolio of environmental services firms that differs from the market, especially regarding global coverage, as its portfolio is allocated heavily to US companies. EVX holds 30 waste management companies that it weights in 3 tiers. It allocates 10% of its portfolio to each of the 4 biggest companies by market cap, 2% to each of the 5 smallest, and splits the remaining 50% of its portfolio equally among the remaining issues. This causes the fund to tilt smaller than the market at large — over 15% of its portfolio is in micro-caps, compared to 4% of our benchmark. The index is rebalanced and reconstituted on a quarterly basis.
EVX MSCI ESG Analytics Insight
VanEck Environmental Services ETF has an MSCI ESG Fund Rating of A based on a score of 6.32 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. VanEck Environmental Services ETF ranks in the 49th percentile within its peer group and in the 44th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
EVX MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
EVX Summary Data
EVX Portfolio Data
EVX Index Data
EVX Portfolio Management
EVX Tax Exposures
EVX Fund Structure
EVX Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EVX. EVX is rated a 4 out of 5.
EVX Sector/Industry Breakdown
EVX Top 10 Holdings[View All]
EVX Economic Development
EVX Performance Statistics
EVX MSCI ESG Ratings
EVX Benchmark Comparison Summary
EVX Benchmark Comparison Market Cap Size