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EVX - ETF AI Analysis
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VanEck Environmental Services ETF (EVX)
Rating:65Neutral
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has delivered steady gains so far this year and over the past few months, showing positive recent momentum.
Leading Environmental Services Companies
Many of the largest holdings, such as Ecolab, Donaldson, Clean Harbors, and Tetra Tech, have shown strong year-to-date performance, helping support the fund’s returns.
Global but U.S.-Focused Exposure
The fund is mainly invested in U.S. companies while still including meaningful positions in Japan and Europe, offering some international diversification.
Negative Factors
High Sector Concentration in Industrials
With most assets in the industrials sector, the ETF is heavily exposed to downturns in that single area of the market.
Mixed Performance Among Top Holdings
A few major positions, including Waste Connections, Republic Services, and Veolia Environnement, have shown weak or negative year-to-date performance, which can drag on overall returns.
Above-Average Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees.
EVX vs. SPDR S&P 500 ETF (SPY)
AUM101.33M
RegionGlobal
Expense Ratio0.55%
Beta0.60
IssuerVanEck
Inception DateOct 10, 2006
Dividend Yield0.17%
Asset ClassEquity
Index TrackedMarketVector Global Environmental Services Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume8,701
30 Day Avg. Volume8,598
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
47.87Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering26
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
EVX Summary
The VanEck Environmental Services ETF (EVX) is a fund that follows the MarketVector Global Environmental Services Index, focusing on companies involved in waste management, recycling, and other environmental services. It holds well-known names like Waste Management and Ecolab, along with similar firms mainly in the U.S. This ETF may appeal to investors who want potential long-term growth while supporting businesses that help address environmental challenges, and it offers diversification within this niche. A key risk is that it is concentrated in one sector, so its price can rise or fall sharply with changes in the environmental services industry.
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
EVX is tightly packed with industrial environmental players, and a handful of names are really steering the ship. Clean Harbors, Donaldson, Advanced Drainage Systems, and Veolia are all climbing, giving the fund a solid tailwind as demand for waste, water, and filtration solutions stays strong. Ecolab and Waste Management are also rising, though at a steadier pace. On the flip side, Xylem and Waste Connections are losing steam, quietly tugging on returns. While the theme is global, the portfolio leans heavily on industrials, making it a focused bet on environmental services rather than broad market growth.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Ecolab | 8.51% | $8.62M | $84.16B | 11.46% | 66 Neutral | |
| Waste Management | 8.39% | $8.50M | $98.19B | 5.86% | 76 Outperform | |
| Waste Connections | 6.51% | $6.60M | $44.15B | -9.50% | ― | |
| Republic Services | 6.51% | $6.60M | $71.73B | -1.56% | 72 Outperform | |
| Veolia Environnement | 6.00% | $6.08M | €24.31B | 13.14% | 71 Outperform | |
| Clean Harbors | 5.05% | $5.12M | $15.72B | 47.63% | 78 Outperform | |
| Xylem | 5.05% | $5.11M | $30.92B | -0.11% | 79 Outperform | |
| Darling Ingredients | 4.64% | $4.70M | $8.44B | 60.32% | 69 Neutral | |
| Advanced Drainage Systems | 4.57% | $4.63M | $12.64B | 51.15% | 74 Outperform | |
| Veralto Corporation | 4.49% | $4.55M | $23.70B | -3.28% | 76 Outperform |
EVX Technical Analysis
Neutral
―
Price Trends
40.43
Positive
39.23
Positive
38.83
Positive
Market Momentum
0.38
Positive
55.83
Neutral
79.02
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EVX, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 41.68, equal to the 50-day MA of 40.43, and equal to the 200-day MA of 38.83, indicating a neutral trend. The MACD of 0.38 indicates Positive momentum. The RSI at 55.83 is Neutral, neither overbought nor oversold. The STOCH value of 79.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for EVX.
EVX Peer Comparison
Comparison Results
Performance Comparison
EVX
VanEck Environmental Services ETF
41.67
6.07
17.05%
IVES
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NUKZ
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GII
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BUG
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ERTH
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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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