VanEck Low Carbon Energy ETF (SMOG) Holdings
SMOG holdings summary
as of Oct 25, 2026- Holdings
- 53 positions listed
- Top 10 weight
- 58.2% of net assets
- Effective holdings
- 22 equal-weight equivalent
- Largest holding
- IBE 9.52% Iberdrola S.A.
- Annual turnover
- 16.4% of the portfolio traded
All SMOG holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | IBE | Iberdrola S.A. | Utilities | 9.52% | $11.9M | — | — |
| 2 | TSLA | Tesla, Inc. | Consumer Cyclical | 8.61% | $10.8M | $1.40T | 328.4 |
| 3 | ENEL | Enel SpA | Utilities | 7.26% | $9.1M | — | — |
| 4 | NEE | NextEra Energy, Inc. | Utilities | 7.24% | $9.1M | $166.46B | 17.9 |
| 5 | 1211 | BYD Company Limited | Consumer Cyclical | 5.30% | $6.6M | — | — |
| 6 | BE | Bloom Energy Corporation | Industrials | 4.61% | $5.8M | $65.18B | 291.2 |
| 7 | VWS | Vestas Wind Systems A/S | Industrials | 4.39% | $5.5M | — | — |
| 8 | 006400 | Samsung SDI | Industrials | 4.27% | $5.3M | — | — |
| 9 | AXIA3 | Centrais Elétricas Brasileiras S.A. - Eletrobrás | Utilities | 4.08% | $5.1M | — | — |
| 10 | KRX | Kingspan Group plc | Industrials | 2.90% | $3.6M | — | — |
| 11 | FSLR | First Solar, Inc. | Technology | 2.65% | $3.3M | $18.55B | 10.6 |
| 12 | RIVN | Rivian Automotive, Inc. | Consumer Cyclical | 2.54% | $3.2M | $17.98B | — |
| 13 | 373220 | LG Energy Solution Ltd | Industrials | 2.08% | $2.6M | — | — |
| 14 | ORSTED | Orsted A/S | Utilities | 1.99% | $2.5M | — | — |
| 15 | NXT | Nextracker Inc. | Technology | 1.61% | $2.0M | $12.30B | 20.7 |
| 16 | NIBE-B | NIBE Industrier AB (publ) | Industrials | 1.57% | $2.0M | — | — |
| 17 | OC | Owens Corning | Industrials | 1.48% | $1.9M | $8.92B | — |
| 18 | LI | Li Auto Inc. | Consumer Cyclical | 1.37% | $1.7M | $11.08B | — |
| 19 | XPEV | XPeng Inc. | Consumer Cyclical | 1.31% | $1.6M | $8.84B | — |
| 20 | NIO | NIO Inc. | Consumer Cyclical | 1.29% | $1.6M | $8.59B | — |
| 21 | ELPC | Companhia Paranaense de Energia - COPEL | Utilities | 1.25% | $1.6M | $10.37B | 17.2 |
| 22 | ANA | Acciona | Industrials | 1.20% | $1.5M | — | — |
| 23 | ENLT | Enlight Renewable Energy Ltd | Utilities | 1.18% | $1.5M | — | — |
| 24 | NDX1 | Nordex SE | Industrials | 1.08% | $1.3M | — | — |
| 25 | MEL | Meridian Energy Ltd | Utilities | 0.95% | $1.2M | — | — |
| 26 | 6856 | Horiba Ltd | Technology | 0.95% | $1.2M | — | — |
| 27 | 247540 | Ecopro BM. Co. Ltd | Industrials | 0.94% | $1.2M | — | — |
| 28 | ENS | EnerSys | Industrials | 0.93% | $1.2M | $6.08B | 18.1 |
| 29 | EDPR | EDP Renovaveis | Utilities | 0.91% | $1.1M | — | — |
| 30 | CEN | Contact Energy Limited | Utilities | 0.88% | $1.1M | — | — |
| 31 | ORA | Ormat Technologies, Inc. | Utilities | 0.86% | $1.1M | $5.49B | 43.8 |
| 32 | CIG | Companhia Energética de Minas Gerais | Utilities | 0.78% | $972,572.21 | $6.64B | 7.5 |
| 33 | NPI | Northland Power Inc. | Utilities | 0.77% | $964,558.23 | — | — |
| 34 | BEPC | Brookfield Renewable Corporation | Utilities | 0.73% | $908,209.90 | $5.32B | — |
| 35 | JMAT | Johnson Matthey PLC | Basic Materials | 0.68% | $855,242.46 | — | — |
| 36 | 009830 | Hanwha Solutions | Technology | 0.67% | $843,096.27 | — | — |
| 37 | ENPH | Enphase Energy, Inc. | Technology | 0.66% | $821,558.68 | $4.05B | 30.6 |
| 38 | DRX | Drax Group PLC | Utilities | 0.63% | $784,619.22 | — | — |
| 39 | HASI | Hannon Armstrong Sustainable Infrastructure Capital, Inc. | Financial Services | 0.61% | $761,579.01 | $4.68B | 56.0 |
| 40 | IBP | Installed Building Products, Inc. | Consumer Cyclical | 0.56% | $707,359.40 | $4.94B | 20.0 |
| 41 | MCY | Mercury NZ Limited | Utilities | 0.56% | $697,091.48 | — | — |
| 42 | VER | VERBUND AG | Utilities | 0.55% | $685,947.03 | — | — |
| 43 | ROCK-B | ROCKWOOL International A/S | Industrials | 0.45% | $567,740.75 | — | — |
| 44 | 6121 | Simplo Technology Co Ltd | Industrials | 0.43% | $543,323.14 | — | — |
| 45 | QS | QuantumScape Corporation | Consumer Cyclical | 0.41% | $509,138.49 | $2.48B | — |
| 46 | 3800 | GCL-Poly Energy Holdings Ltd | Technology | 0.39% | $489,980.05 | — | — |
| 47 | 0257 | China Everbright Environment Group Ltd | Industrials | 0.39% | $488,853.09 | — | — |
| 48 | ENELAM | Enel Américas S.A | Utilities | 0.37% | $466,939.85 | — | — |
| 49 | LAND | Landis+Gyr Group AG | Industrials | 0.31% | $393,311.36 | — | — |
| 50 | 0916 | China Longyuan Power Group Corp Ltd | Utilities | 0.29% | $360,003.23 | — | — |
| 51 | ERG | ERG S.p.A | Utilities | 0.28% | $347,982.26 | — | — |
| 52 | 0968 | Xinyi Solar Holdings Ltd | Technology | 0.27% | $338,841.30 | — | — |
| 53 | RUN | Sunrun Inc. | Technology | 0.26% | $323,439.43 | $1.76B | 4.9 |
Weights as a percentage of net assets. Value held = weight × net assets ($125.2M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
SMOG sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Utilities | 41.0% | 20 | IBE, ENEL, NEE |
| Industrials | 27.0% | 15 | BE, VWS, 006400 |
| Consumer Cyclical | 21.4% | 8 | TSLA, 1211, RIVN |
| Technology | 7.5% | 8 | FSLR, NXT, 6856 |
| Basic Materials | 0.7% | 1 | JMAT |
| Financial Services | 0.6% | 1 | HASI |
Sum of the weights of the holdings in each sector.
SMOG top industries
SMOG overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| QQQ | Invesco QQQ ETF | 3.0% | 1 of 101 | 0.17% |
| SPY | SPDR S&P 500 ETF | 2.0% | 4 of 502 | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 1.8% | 16 of 2,941 | 0.03% |
| VXUS | Vanguard Total International Stock ETF | 1.3% | 39 of 8,035 | 0.05% |
| IWM | iShares Russell 2000 ETF | 0.9% | 7 of 1,962 | 0.19% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the SMOG portfolio
VanEck Low Carbon Energy ETF holds 53 positions. The ten largest make up 58.2% of the fund and the top 50 97.4%, so it behaves like a portfolio of about 22 equally weighted positions. The biggest positions are Iberdrola S.A. (9.52%), Tesla, Inc. (8.61%), Enel SpA (7.26%), NextEra Energy, Inc. (7.24%), BYD Company Limited (5.30%).
By sector, Utilities is 41.0%, Industrials is 27.0%, Consumer Cyclical is 21.4%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: SMOG chart, SMOG performance, SMOG dividends, SMOG overview.
SMOG holdings FAQ
How many holdings does SMOG have?
SMOG holds 53 positions as of October 25, 2026.
What are the top 10 holdings of SMOG?
The ten largest holdings are Iberdrola S.A. (9.52%), Tesla, Inc. (8.61%), Enel SpA (7.26%), NextEra Energy, Inc. (7.24%), BYD Company Limited (5.30%), Bloom Energy Corporation (4.61%), Vestas Wind Systems A/S (4.39%), Samsung SDI (4.27%), Centrais Elétricas Brasileiras S.A. - Eletrobrás (4.08%), Kingspan Group plc (2.90%). Together they are 58.2% of the fund.
What percentage of SMOG is Iberdrola S.A.?
Iberdrola S.A. is the largest holding at 9.52% of net assets, about $11.9M of the fund's $125.2M.
Which sector is the largest in SMOG?
Utilities is the largest sector at 41.0%, followed by Industrials (27.0%) and Consumer Cyclical (21.4%), based on the sectors of the individual holdings.
How concentrated is SMOG?
The top 10 holdings are 58.2% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) SMOG behaves like a portfolio of about 22 equally weighted positions.