What Is the EVX ETF? Returns, Expense Ratio, Holdings, and Alternative ETFs at a Glance
The VanEck Environmental Services ETF (EVX) invests in a concentrated group of waste management and water treatment stocks such as Waste Management and Ecolab. It is a thematic ETF worth watching for investors interested in the growth outlook of the green infrastructure industry and stocks that may benefit from policy support.
SubscribeWhat Is the VanEck Environmental Services ETF?
This global thematic ETF tracks an index of companies in environmental services, including waste management, water treatment, environmental remediation, and air purification. Its defining feature is a portfolio concentrated in a small number of holdings.
It suits thematic investors who want to take a long-term position on the growth of green infrastructure and the waste management industry.
It is a passively managed (index-tracking) ETF run by VanEck.
How Does the VanEck Environmental Services ETF Invest?
| Item | Details |
|---|---|
| Tracked index | MarketVector Global Environmental Services Index |
| Management style | Passive (index tracking) |
| Rebalancing frequency | Quarterly |
| Dividend frequency | Annual dividend |
| Total expense ratio | 0.55% |
The fund targets companies in waste management, water treatment, environmental remediation, non-industrial air purification, and carbon capture and biofuels, tracking the performance of the environmental services industry as a whole. With a limited number of holdings, it is a compressed portfolio in which the top positions carry relatively large weights.
- A small number of holdings concentrated in the single theme of environmental services
- A portfolio centered on large-cap waste management companies
VanEck Environmental Services ETF Size and Costs (AUM and Management Fee)
Assets under management (AUM) stand at $99.5M, and the total expense ratio is 0.55% per year.
Compared with other ETFs in the same thematic investing category, it focuses on a much narrower industry group, and the number of holdings is also small.
VanEck Environmental Services ETF Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeOver the long term, it has shown a gentle upward trend in line with the growth of the waste management industry. In the short term, it is influenced by earnings releases from its large-cap holdings and by the market-wide preference for defensive stocks.
Flows into green theme funds tend to fluctuate with policy events and the interest rate environment, and because waste management is an essential infrastructure industry, defensive capital inflows sometimes appear as well.
VanEck Environmental Services ETF Strengths and Weaknesses
Its strength is defensive industry exposure with an essential infrastructure character, while concentration in a few holdings and low liquidity are points to watch.
💪 Key Strengths
⚠️ Points to Watch
VanEck Environmental Services ETF Alternatives and Related Products
The comparison ETFs shown in the table are growth ETFs in other themes such as technology and nuclear power. Their industries differ, but they are compared within the same thematic investing category. If you want to diversify across a broader range of green infrastructure and clean energy stocks, you could consider ICLN. If you want a pure water treatment theme, consider PHO. For an industrials sector ETF with a large weighting in individual large-cap waste management companies, XLI is also worth reviewing.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 XT | iShares Future Exponential Technologies ETF | $83.71 | +1.3% | $3.9B | 0.46% | 1.02% | +19.8% |
 KOMP | State Street SPDR S&P Kensho New Economies Composite ETF | $62.93 | +0.5% | $2.5B | 0.20% | 1.62% | -3.6% |
 MOO | VanEck Agribusiness ETF | $81.24 | -0.6% | $1.1B | 0.56% | 2.21% | +9.6% |
 NUKZ | Range Nuclear Renaissance Index ETF | $56.68 | +0.8% | $614.3M | 0.85% | 1.02% | -19.7% |
 HAP | VanEck Natural Resources ETF | $73.87 | -0.1% | $325.1M | 0.41% | 1.85% | +28.3% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
| ECL | Ecolab Inc | 0.16% | $288.89 | +0.1% | $81.0B | 38.8 | 1.01% |
| WM | Waste Management Inc | 0.16% | $241.02 | +0.7% | $96.3B | 34.1 | 1.56% |
| WCN | Waste Connections Inc | 0.14% | $186.72 | +0.1% | $46.7B | 41.9 | 0.76% |
| RSG | Republic Services Inc | 0.13% | $241.31 | +0.4% | $73.9B | 34.2 | 1.06% |
 XYL | Xylem Inc | 0.11% | $108.24 | -0.5% | $25.3B | 25.7 | 1.6% |
VanEck Environmental Services ETF Investor Checkpoints
Here are the points to review before investing in EVX. It is an essential infrastructure theme that includes waste management, but its concentration in a few holdings and relatively low liquidity should be checked in advance.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| 💵 Expense ratio | Check the fee level, given the nature of thematic ETFs | Needs comparison with the category average |
| 💧 Liquidity | Average daily trading volume and bid-ask spread | Lower than larger ETFs |
| 📊 Stock concentration | Trend in top holding weights | Concentrated in a few holdings |
| 🌍 Industry cycle | Impact of environmental regulation and policy changes | Sensitive to policy |
Low liquidity and concentration in a narrow industry group are the main drivers of short-term volatility, and policy changes or weak earnings at an individual large holding can significantly affect the entire index.
It is a suitable choice for thematic investors who want concentrated exposure to essential environmental infrastructure industries such as waste management, and it is advisable to consider liquidity and stock concentration risk carefully before investing.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of July 2, 2026.
Today's 5 AI picks, all free