SMOG vs. OCEN ETF Comparison

Comparison of VanEck Vectors Low Carbon Energy ETF (SMOG) to IQ Clean Oceans ETF (OCEN)

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

$100.27

Average Daily Volume

2,540

Number of Holdings ^*

* may have additional holdings in another (foreign) market

OCEN

IQ Clean Oceans ETF

OCEN Description

The OCEN IQ Clean Oceans ETF tracks the IQ Clean Oceans Index, which seeks to track companies that help to protect and/or achieve cleaner oceans through reduced pollution and increased resource efficiency.

Grade (RS Rating)

Last Trade

$21.08

Average Daily Volume

157

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMOG	OCEN
30 Days	-3.83%	-5.06%
60 Days	-6.68%	-8.30%
90 Days	-3.18%	-6.82%
12 Months	-1.55%	4.03%

4 Overlapping Holdings

Symbol	Grade	Weight in SMOG	Weight in OCEN	Overlap
ENPH	F	1.81%	0.73%	0.73%
FSLR	F	4.05%	1.72%	1.72%
ORA	B	0.84%	0.29%	0.29%
SEDG	F	0.17%	0.13%	0.13%

SMOG Overweight 22 Positions Relative to OCEN

Symbol	Grade	Weight
TSLA	B	11.5%
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%
BE	B	0.5%
QS	F	0.46%
RUN	F	0.41%
ELP	F	0.41%
PLUG	F	0.36%
AY	A	0.34%
DQ	F	0.29%
JKS	F	0.2%

SMOG Underweight 18 Positions Relative to OCEN

Symbol	Grade	Weight
IR	B	-3.7%
INTC	C	-3.67%
MSFT	D	-3.3%
EXC	C	-3.25%
ABBV	F	-3.18%
NKE	F	-2.98%
NXPI	D	-2.82%
XYL	D	-2.79%
SW	A	-2.42%
AWK	C	-2.41%
BALL	F	-1.8%
UMC	F	-1.54%
WSM	C	-1.5%
SUI	C	-1.44%
AYI	B	-0.95%
BMI	B	-0.61%
AGR	A	-0.27%
OI	C	-0.27%