- ISIN
- US92189F5026
- CUSIP
- 92189F502
- Issuer
- VanEck
- Inception Date
- May 3, 2007
- Region
- Developed Markets (Broad)
- Category
- Alternative Energy Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MVIS Global Low Carbon Energy Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $146M
Share Price Chart
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Performance
SMOG Performance Chart
VanEck Low Carbon Energy ETF (SMOG) is up 14.8% since the beginning of the year. SMOG is currently trading at $149 per share. Investors who bought $1,000 worth of SMOG shares 5 years ago would now be looking at an investment worth $1,019.
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Returns By Period
VanEck Low Carbon Energy ETF (SMOG) has returned 14.80% so far this year and 40.43% over the past 12 months. Over the last ten years, SMOG has had an annualized return of 13.28%, just under the S&P 500 Index benchmark’s 13.88%.
VanEck Low Carbon Energy ETF
- 1D
- 0.68%
- 1M
- -2.07%
- YTD
- 14.80%
- 6M
- 12.75%
- 1Y
- 40.43%
- 3Y*
- 9.86%
- 5Y*
- 0.37%
- 10Y*
- 13.28%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.15%
- 1Y
- 24.03%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SMOG Monthly Returns History
Based on dividend-adjusted daily data since May 9, 2007, SMOG's average daily return is +0.03%, while the average monthly return is +0.53%. At this rate, an investment would double in approximately 10.9 years.
Historically, 56% of months were positive and 44% were negative. The best month was Nov 2020 with a return of +27.1%, while the worst month was Oct 2008 at -39.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, SMOG closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +19.3%, while the worst single day was Nov 20, 2008 at -15.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.68% | 2.57% | -2.17% | 11.70% | -0.42% | -3.58% | 14.80% | ||||||
| 2025 | 0.45% | 1.67% | 0.29% | 1.54% | 5.75% | 1.30% | 2.45% | 4.22% | 8.20% | 6.59% | -1.74% | -1.09% | 33.36% |
| 2024 | -14.26% | 2.54% | 1.08% | -2.60% | 8.98% | -7.78% | 7.40% | -0.48% | 9.13% | -7.74% | -0.67% | -2.50% | -9.33% |
| 2023 | 9.52% | -4.13% | 4.39% | -5.14% | -0.12% | 6.13% | 5.62% | -10.73% | -9.05% | -10.05% | 9.84% | 8.61% | 1.42% |
| 2022 | -14.24% | 3.78% | 1.79% | -12.51% | 1.86% | -3.46% | 9.46% | -4.63% | -13.02% | -1.59% | 10.58% | -9.02% | -29.92% |
| 2021 | 6.67% | -7.64% | -3.60% | -3.47% | -1.07% | 7.37% | -2.28% | 2.95% | -8.09% | 18.08% | -2.17% | -6.49% | -2.75% |
Benchmark Metrics
VanEck Low Carbon Energy ETF has an annualized alpha of -5.42%, beta of 1.24, and R2 of 0.60 versus S&P 500 Index. Calculated based on daily prices since May 09, 2007.
- This ETF participated in 135.03% of S&P 500 Index downside but only 111.82% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -5.42% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -5.42%
- Beta
- 1.24
- R²
- 0.60
- Upside Capture
- 111.82%
- Downside Capture
- 135.03%
Expense Ratio
SMOG has an expense ratio of 0.61%, placing it in the medium range.
Return for Risk
Risk / Return Rank
SMOG ranks 61 for risk / return — better than 61% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for VanEck Low Carbon Energy ETF (SMOG) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SMOG | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.59 | 2.78 | +0.80 |
| Martin ratioReturn relative to average drawdown | 11.76 | 12.44 | -0.68 |
Dividends
Dividend History
VanEck Low Carbon Energy ETF provided a 1.37% dividend yield over the last twelve months, with an annual payout of $2.03 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.03 | $2.03 | $1.62 | $1.75 | $1.46 | $0.71 | $0.09 | $0.00 | $0.34 | $0.77 | $1.07 | $0.31 |
Dividend yield | 1.37% | 1.57% | 1.64% | 1.58% | 1.32% | 0.44% | 0.06% | 0.00% | 0.62% | 1.25% | 2.12% | 0.56% |
Monthly Dividends
The table displays the monthly dividend distributions for VanEck Low Carbon Energy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.03 | $2.03 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.62 | $1.62 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.75 | $1.75 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.46 | $1.46 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 | $0.71 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck Low Carbon Energy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the VanEck Low Carbon Energy ETF was 84.39%, occurring on Jul 24, 2012. Recovery took 2123 trading sessions.
The current VanEck Low Carbon Energy ETF drawdown is 17.04%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2012 bear market2012 | -84.39%Jul 2012 | 4y 7mo | 8y 5mo | 13y 7dDec 2007 - Dec 2020 |
2025 selloff2025 | -51.10%Apr 2025 | 4y 2mo | — | 5y 5moJan 2021 - now |
Financial crisis2007–2009 | -16.51%Nov 2007 | 12d | 1mo 3d | 1mo 15dNov 2007 - Dec 2007 |
2007 correction2007 | -15.59%Aug 2007 | 1mo 2d | 1mo 8d | 2mo 10dJul 2007 - Sep 2007 |
2007 pullback2007 | -5.99%Jun 2007 | 6d | 16d | 22dJun 2007 - Jun 2007 |
Drawdown Indicators
| SMOG | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.39% | -56.78% | -27.61% |
Max Drawdown (1Y)Largest decline over 1 year | -11.32% | -9.10% | -2.22% |
Max Drawdown (3Y)Largest decline over 3 years | -28.72% | -18.90% | -9.82% |
Max Drawdown (5Y)Largest decline over 5 years | -47.86% | -25.43% | -22.43% |
Max Drawdown (10Y)Largest decline over 10 years | -51.10% | -33.92% | -17.18% |
Current DrawdownCurrent decline from peak | -17.04% | -1.80% | -15.24% |
Average DrawdownAverage peak-to-trough decline | -52.38% | -10.71% | -41.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.45% | 2.03% | +1.42% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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