SMOG vs. CTEX ETF Comparison

Comparison of VanEck Vectors Low Carbon Energy ETF (SMOG) to ProShares S&P Kensho Cleantech ETF (CTEX)

SMOG

VanEck Vectors Low Carbon Energy ETF

SMOG Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ardour Global IndexSM (Extra Liquid). The fund normally invests at least 80% of its total assets in stocks of low carbon energy companies. Such companies may include small- and medium-capitalization companies and foreign issuers. "Low carbon energy companies" refers to companies primarily engaged in alternative energy, including renewable energy, alternative fuels and related enabling technologies (such as advanced batteries). It is non-diversified.

Grade (RS Rating)

Last Trade

$100.16

Average Daily Volume

2,540

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CTEX

ProShares S&P Kensho Cleantech ETF

CTEX Description

ProShares Trust - ProShares S&P Kensho Cleantech ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies focused on building technologies or products that enable generation of energy in a clean manner that includes hardware, software, or materials technologies used for clean energy capture from sources such as solar, wind, geothermal, and hydro, installation of clean energy capture technologies for use in residential or commercial applications and advanced energy storage devices sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the S&P Kensho Cleantech Index, by using full replication technique. ProShares Trust - ProShares S&P Kensho Cleantech ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$21.67

Average Daily Volume

4,230

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMOG	CTEX
30 Days	-3.83%	4.42%
60 Days	-6.68%	-3.16%
90 Days	-3.18%	-2.95%
12 Months	-1.55%	-2.87%

10 Overlapping Holdings

Symbol	Grade	Weight in SMOG	Weight in CTEX	Overlap
BE	B	0.5%	3.3%	0.5%
DQ	F	0.29%	3.98%	0.29%
ENPH	F	1.81%	1.99%	1.81%
FSLR	F	4.05%	3.15%	3.15%
JKS	F	0.2%	3.24%	0.2%
ORA	B	0.84%	4.02%	0.84%
PLUG	F	0.36%	2.35%	0.36%
RUN	F	0.41%	3.15%	0.41%
SEDG	F	0.17%	0.92%	0.17%
TSLA	B	11.5%	4.71%	4.71%

SMOG Overweight 16 Positions Relative to CTEX

Symbol	Grade	Weight
NEE	C	7.6%
LI	F	3.8%
OC	A	3.52%
XPEV	C	2.18%
RIVN	F	2.14%
EBR	F	2.06%
NIO	F	1.66%
IBP	D	1.06%
CIG	C	0.82%
ENS	F	0.8%
LCID	F	0.67%
TAC	A	0.6%
HASI	D	0.54%
QS	F	0.46%
ELP	F	0.41%
AY	A	0.34%

SMOG Underweight 19 Positions Relative to CTEX

Symbol	Grade	Weight
GEV	B	-7.45%
AMSC	B	-6.4%
GNRC	C	-4.54%
ACA	A	-4.39%
AMPS	C	-3.78%
VMI	B	-3.54%
GLW	B	-3.45%
CMI	A	-3.42%
NOVA	F	-3.09%
FLNC	D	-2.86%
ADTN	A	-2.76%
CSIQ	F	-2.76%
SHLS	F	-2.67%
GNE	F	-2.64%
ROCK	C	-2.64%
AMAT	F	-2.22%
ARRY	F	-2.21%
HY	D	-1.9%
TPIC	F	-1.84%