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EVX - ETF AI Analysis
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VanEck Environmental Services ETF (EVX)
Rating:60Neutral
Price Target:
$40.00
Positive Factors
Strong Top Holdings
Several key holdings, such as Ecolab and Donaldson Company, have delivered strong year-to-date performance, supporting the ETF’s overall returns.
Focused Sector Exposure
The ETF’s heavy allocation to Industrials aligns with the environmental services theme, benefiting from growth in sustainability-focused industries.
Healthy Year-to-Date Performance
The ETF has shown solid year-to-date gains, indicating positive momentum in its underlying investments.
Negative Factors
High Geographic Concentration
The ETF is entirely focused on U.S. companies, limiting diversification and exposing investors to domestic market risks.
Underperforming Holdings
Some holdings, such as ABM Industries and Casella Waste, have struggled with negative year-to-date performance, dragging on the fund’s potential.
Moderate Expense Ratio
The ETF’s expense ratio is higher than some low-cost alternatives, which could slightly reduce net returns over time.
EVX vs. SPDR S&P 500 ETF (SPY)
AUM87.38M
RegionGlobal
Expense Ratio0.55%
Beta0.64
IssuerVanEck
Inception DateOct 10, 2006
Dividend Yield0.43%
Asset ClassEquity
Index TrackedNYSE Arca Environmental Svcs (TR)
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume5,864
30 Day Avg. Volume8,838
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
46.06Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering20
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
EVX Summary
The VanEck Environmental Services ETF (EVX) is an investment fund that focuses on companies in the environmental services industry, such as waste management, recycling, and environmental cleanup. It tracks the NYSE Arca Environmental Services Index and includes well-known companies like Waste Management and Ecolab. This ETF is a great option for investors who want to support sustainable industries while potentially benefiting from steady growth driven by global environmental goals. However, new investors should be aware that the fund is heavily focused on industrial and environmental companies, meaning its performance could be impacted by changes in regulations or economic conditions affecting these sectors.
How much will it cost me?The VanEck Environmental Services ETF (EVX) has an expense ratio of 0.55%, meaning you’ll pay $5.50 per year for every $1,000 invested. This is slightly higher than average because it’s a sector-focused fund, which often requires more active management to track niche industries like environmental services.
What would affect this ETF?The VanEck Environmental Services ETF (EVX) could benefit from increasing global focus on sustainability and stricter environmental regulations, which drive demand for waste management and recycling services. However, it may face challenges from economic downturns that reduce industrial activity, as well as potential regulatory changes that could impact the operations of its top holdings like Waste Management and Ecolab. Additionally, shifts in commodity prices could affect companies in the materials sector, which is a smaller but notable part of the ETF's portfolio.
EVX Top 10 Holdings
The VanEck Environmental Services ETF (EVX) is heavily concentrated in the industrials sector, with standout performers like Donaldson Company driving gains thanks to bullish momentum and strategic initiatives. Ecolab has also been steady, benefiting from strong revenue growth and profitability. However, Waste Management and Republic Services are lagging, weighed down by bearish trends and valuation concerns. PureCycle Technologies offers a high-risk, high-reward dynamic with operational improvements but ongoing financial challenges. With a global focus, EVX captures the pulse of the environmental sector but faces mixed performance across its holdings.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Waste Connections | 10.46% | $9.14M | $43.53B | -8.18% | ― | |
| Waste Management | 10.32% | $9.02M | $83.78B | -3.54% | 68 Neutral | |
| Ecolab | 10.17% | $8.89M | $72.36B | 4.65% | 66 Neutral | |
| Republic Services | 9.93% | $8.68M | $64.95B | 1.45% | 65 Neutral | |
| Donaldson Company | 5.12% | $4.48M | $9.84B | 13.13% | 78 Outperform | |
| Darling Ingredients | 5.06% | $4.42M | $5.45B | -16.15% | 66 Neutral | |
| Steris | 5.03% | $4.39M | $25.22B | 21.23% | 77 Outperform | |
| Casella Waste | 4.95% | $4.33M | $5.65B | -16.60% | 61 Neutral | |
| Tetra Tech | 4.81% | $4.20M | $9.38B | -12.52% | 70 Outperform | |
| Ceco Environmental | 4.71% | $4.11M | $1.69B | 63.52% | 72 Outperform |
EVX Technical Analysis
Negative
―
Price Trends
38.25
Negative
38.61
Negative
37.27
Negative
Market Momentum
-0.41
Negative
43.28
Neutral
47.50
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EVX, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 37.60, equal to the 50-day MA of 38.25, and equal to the 200-day MA of 37.27, indicating a bearish trend. The MACD of -0.41 indicates Negative momentum. The RSI at 43.28 is Neutral, neither overbought nor oversold. The STOCH value of 47.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EVX.
EVX Peer Comparison
Comparison Results
Performance Comparison
EVX
VanEck Environmental Services ETF
37.16
0.28
0.76%
FTRI
First Trust Indxx Global Natural Resources Income ETF
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AGIX
KraneShares Artificial Intelligence & Technology ETF
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VEGI
iShares MSCI Global Agriculture Producers ETF
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HEAT
Touchstone Climate Transition ETF
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GBLD
Invesco MSCI Green Building ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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