Summary
VanEck Low Carbon Energy ETF is an ETF - a fund traded on an exchange like a stock - run by VanEck. Positions inside: 62. The ten largest make up 57% of the fund.
- Yearly costs
- 0.64%
- Fund size
- $123.8M
- Positions
- 62
- Dividend yield
- 1.55%
- Running since
- 2007
What speaks for it
- Average yearly growth over the last ten years: 10%.
- It has been running since 2007.
What to watch
- The ten largest positions make up 57% of the fund, so its result rests on a few names.
- Costs of 0.64% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 53% from its high.
- It trades little: only about $207.5K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -3.8%
- 3 months
- -6.4%
- This year
- +1.3%
- 1 year
- -2.9%
- 3 years
- +35%
- 5 years
- -24%
- 10 years
- +166%
- Avg. market cap
- $175.9B
- P/E
- 21.9x
- Forward P/E
- 20.4x
- P/S
- 1.8x
- P/B
- 2.4x
- P/FCF
- 21.6x
- EV/EBITDA
- 11.5x
- Dividend yield
- 1.22%
- ROIC
- -61.5%
- ROE
- 8.3%
- Gross margin
- 28.3%
- Operating margin
- 12.5%
- Net margin
- 9.0%
- Payout ratio
- 26.8%
- Net debt/EBITDA
- 2.7x
- Beta
- 1.20
Weighted average of the 50 largest companies, which make up 98% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 IBIberdrola IBE.MC 9.5%
- 2 TSTesla TSLA 8.1%
- 3 NENextEra Energy NEE 8.1%
- 4 ENEnel SpA ENEL.MI 7.4%
- 5 12BYD Company Limited 1211.HK 5.4%
- 6 VWVestas Wind Systems A/S VWS.CO 5.0%
- 7 BEBloom Energy Corporation BE 4.0%
- 8 00Samsung SDI Co., Ltd. 006400.KS 3.9%
- 9 FSFirst Solar FSLR 3.1%
- 10 AXAXIA Energia AXIA3.SA 3.0%
Positions in the fund: 62. The ten largest make up 57% of it.
Composition as of Nov 7, 2026.
Where is it spread?
Spread outBy sector
- Utilities 39%
- Industrials 30%
- Consumer cyclical 22%
- Technology 7.8%
- Basic materials 0.7%
- Other 0.6%
By country
- United States 37%
- Spain 12%
- South Korea 8.1%
- Italy 7.6%
- Other countries 36%
By company size
- Mega cap 9.9%
- Large cap 67%
- Mid cap 21%
- Small cap 1.7%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Utilities (39%). Largest country: United States (37%). Largest size group: Large cap (67%).
What does it cost me?
Expensive- A year from $10,000
- $64.00
- Over 20 years
- $3,054
From every $10,000 invested the fund takes $64.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,054.
How has it done?
Growing over the long run- A year on average, 10 years
- +10%
- Deepest drop
- -53%
- Yearly volatility
- 23%
Average yearly growth over the last ten years: 10%. Deepest drop in these years: 53% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.55%
- Payments a year
- 1
- Last payment
- $2.03
Over the last 12 months it paid $2.03 per share, which is 1.55% of today's price. The last payment was $2.03 on Dec 22, 2025.
Is it easy to buy and sell?
It trades little- Traded a day
- $207.5K
- Shares a day
- 1.6K
On an average day about $207.5K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 21.9
- Average Bulios Score
- 56 out of 100
Weight by Bulios Fair Price
- Undervalued 31%
- Fairly valued 12%
- Overvalued 57%
On average the companies inside trade for 21.9 times their yearly profit. By Fair Price, 57% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 98% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
LY LYM9.DE Amundi MSCI New Energy UCITS ETF Dist | France | 0.60% | $1.06B | +15% | Pays out | 36% |
NR NRJ.PA Amundi MSCI New Energy UCITS ETF Dist | France | 0.60% | $1.06B | +15% | Pays out | 36% |
ER ERTH Invesco MSCI Sustainable Future ETF | United States | 0.68% | $121.6M | -13% | Pays out | 33% |
VC VCLN Virtus Duff & Phelps Clean Energy ETF | United States | 0.59% | $5.14M | -2.3% | Pays out | 31% |
XD XDG7.MI Xtrackers MSCI Global SDG 7 Affordable and Clean Energy UCITS ETF 1C | Ireland | 0.35% | $29.3M | +1.3% | Reinvests | 31% |
IN INRE.PA iShares Global Clean Energy Transition UCITS ETF | Ireland | 0.65% | $407.6M | +0.1% | Reinvests | 29% |