VanEck Low Carbon Energy ETF

VanEck Low Carbon Energy ETF

SMOG
VanEck Low Carbon Energy ETFUS flagNew York Stock Exchange Arca
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USD
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No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

FRC

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Quarterly Revenue

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Quarterly Earnings Per Share

FRC

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Quarterly Dividends Per Share

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Company Description

APIChat
Sector
Financial Services
Industry
Asset Management
Address
666 Third Avenue, 9th Floor New York NY United States of America 10017
IPO Date
May 9, 2007
Website
vaneck.com
Business
VanEck Low Carbon Energy ETF (SMOG) is an exchange-traded fund that seeks to replicate, before fees and expenses, the price and yield performance of the MVIS Global Low Carbon Leaders Index. The fund provides investors with targeted exposure to companies involved in low carbon energy production and technology worldwide, including solar energy equipment manufacturers; wind energy systems providers; biofuels producers; hydroelectric equipment makers; energy trading and brokerage services; and utilities focused on renewable energy generation and distribution. SMOG holds a diversified portfolio of approximately 50-60 holdings, primarily large- and mid-cap companies, with key sectors encompassing electric utilities, independent power producers, semiconductors for renewable applications, and clean energy technology firms. Headquartered in New York, New York, and managed by VanEck since its inception in 2009, the ETF operates globally with significant exposure to U.S., European, and Asian markets, targeting institutional and retail investors interested in sustainable energy transitions. Geographic operations span developed and emerging markets, including the United States, China, Germany, Denmark, and Spain, where holdings like First Solar Inc., Enphase Energy Inc., Vestas Wind Systems A/S, and Orsted A/S predominate. In recent developments, VanEck announced periodic index reconstitutions in 2024 and 2025 to incorporate advancing low carbon leaders amid accelerating global decarbonization efforts, reflecting strategic shifts toward enhanced ESG criteria and AI-driven energy demand; the firm also expanded its sustainable ETF suite through partnerships with index providers like MarketVector Indexes to refine low carbon benchmarks. No major funding rounds or acquisitions directly impact SMOG, but VanEck's broader 2024 integration of Morningstar data into its ETF analytics platforms supports improved transparency for funds like SMOG. These updates position the ETF to capture growth in solar, wind, and energy storage amid policy expansions such as the U.S. Inflation Reduction Act extensions and EU Green Deal implementations.