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EVX - ETF AI Analysis
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VanEck Environmental Services ETF (EVX)
Rating:56Neutral
Price Target:―
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)
AUM90.78M
RegionGlobal
Expense Ratio0.55%
Beta0.62
IssuerVanEck
Inception DateOct 10, 2006
Dividend Yield0.42%
Asset ClassEquity
Index TrackedNYSE Arca Environmental Svcs (TR)
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume4,628
30 Day Avg. Volume7,555
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
45.43Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering19
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) leans heavily into the industrials sector, with waste management giants like Waste Management and Republic Services playing pivotal roles. While these names have shown steady year-to-date gains, recent months have seen them lose momentum, holding back the fund’s overall performance. On the brighter side, Donaldson Company and Steris are rising stars, delivering strong growth and driving returns with their upward trends. The ETF’s global focus and thematic commitment to environmental services provide a unique niche, though mixed stock performance suggests a bumpy road ahead for this eco-conscious portfolio.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Waste Connections | 10.01% | $9.08M | $43.28B | -9.10% | ― | |
| Waste Management | 10.01% | $9.08M | $84.32B | -2.50% | 76 Outperform | |
| Ecolab | 9.71% | $8.81M | $71.74B | 4.88% | 66 Neutral | |
| Republic Services | 9.54% | $8.66M | $64.80B | -1.33% | 72 Outperform | |
| Ceco Environmental | 5.53% | $5.02M | $2.06B | 68.91% | 72 Outperform | |
| Donaldson Company | 5.24% | $4.75M | $10.40B | 26.81% | 79 Outperform | |
| Casella Waste | 5.18% | $4.70M | $6.13B | -11.18% | 69 Neutral | |
| Darling Ingredients | 5.01% | $4.55M | $5.60B | -6.20% | 69 Neutral | |
| Steris | 4.85% | $4.40M | $25.25B | 23.48% | 77 Outperform | |
| Clean Harbors | 4.64% | $4.21M | $12.68B | -5.22% | 78 Outperform |
EVX Technical Analysis
Positive
―
Price Trends
38.11
Positive
38.57
Negative
37.45
Positive
Market Momentum
0.17
Negative
53.55
Neutral
28.57
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EVX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 37.90, equal to the 50-day MA of 38.11, and equal to the 200-day MA of 37.45, indicating a bullish trend. The MACD of 0.17 indicates Negative momentum. The RSI at 53.55 is Neutral, neither overbought nor oversold. The STOCH value of 28.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EVX.
EVX Peer Comparison
Comparison Results
Performance Comparison
EVX
VanEck Environmental Services ETF
38.31
1.88
5.16%
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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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