---
ticker: "SMOG"
name: "VanEck Low Carbon Energy ETF"
url: "https://etf.net/etf/SMOG"
grade: "C"
score: 45
graded_at: "2026-10-12"
category: "Clean Energy"
category_rank: "12 of 17"
methodology: "https://etf.net/methodology"
---

# SMOG: VanEck Low Carbon Energy ETF

Grade **C**, Score 45 of 100. Rank 12 of 17 in Clean Energy.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 28 | 12 of 17 |
| Mission | Not scored | — |
| Risk | 83 | 2 of 17 |
| Tradability | 35 | 12 of 17 |
| Holdings | 50 | 11 of 17 |
| Durability | 63 | 8 of 17 |

## Top holdings

The fund holds 61 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | TSLA | Tesla Inc | 8.56% |
| 2 | IBE.MC | Iberdrola Sa | 8.45% |
| 3 | NEE | Nextera Energy Inc | 6.74% |
| 4 | BE | Bloom Energy Corp | 6.43% |
| 5 | ENEL.MI | Enel Spa | 6.42% |
| 6 | 1211.HK | Byd Co Ltd | 5.24% |
| 7 | 006400.KS | Samsung Sdi Co Ltd | 4.54% |
| 8 | VWS.CO | Vestas Wind Systems A/S | 4.38% |
| 9 | AXIA3.SA | Axia Energia Sa | 3.98% |
| 10 | KRX.IR | Kingspan Group Plc | 2.96% |
| 11 | RIVN | Rivian Automotive Inc | 2.77% |
| 12 | FSLR | First Solar Inc | 2.66% |
| 13 | 3750.HK | Contemporary Amperex Technology Co Ltd | 2.08% |
| 14 | 373220.KS | Lg Energy Solution Ltd | 1.97% |
| 15 | ORSTED.CO | Orsted As | 1.86% |
| 16 | NXT | Nextpower Inc | 1.61% |
| 17 | NIBE-B.ST | Nibe Industrier Ab | 1.47% |
| 18 | OC | Owens Corning | 1.42% |
| 19 | NIO | Nio Inc | 1.40% |
| 20 | XPEV | Xpeng Inc | 1.40% |
| 21 | LI | Li Auto Inc | 1.29% |
| 22 | ELPC | Companhia Paranaense De Energia | 1.26% |
| 23 | ANA.MC | Acciona Sa | 1.16% |
| 24 | 247540.KQ | Ecopro Bm Co Ltd | 1.13% |
| 25 | ENLT | Enlight Renewable Energy Ltd | 1.10% |
| 26 | 6856.T | Horiba Ltd | 1.10% |
| 27 | NDX1.DE | Nordex Se | 1.01% |
| 28 | ENS | Enersys | 0.97% |
| 29 | CEN.NZ | Contact Energy Ltd | 0.87% |
| 30 | EDPR.LS | Edp Renovaveis Sa | 0.86% |

Source: etf.net, https://etf.net/etf/SMOG. Please cite the page URL.