IE0001J5A2T9
IE0001J5A2T9
VanEck Circular Economy UCITS ETF
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About this ETF
The VanEck Circular Economy UCITS ETF A seeks to track the MVIS Global Circular Economy ESG index. The MVIS Global Circular Economy ESG Index provides access to global stocks of companies engaged in the circular economy. The stocks included are filtered according to ESG criteria (environmental, social and corporate governance). The weight of each company is capped to 8%.
TER
0.4%
Total Expense Ratio per year
Fund Size
€16.78M
Assets under management
Holdings
26
Underlying equities
Dividend Yield
0%
Accumulating
Fundamentals & Estimates
Weighted valuation multiples and analyst forecasts
Valuation Multiples
Weighted P/E
17.79
Weighted Fwd P/E
15.61
💰 Revenue Estimates
Current Year CY
+4.16% ⌀ 13 Analysts Coverage
Next Year NY
+6.74% ⌀ 13 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+48.1% ⌀ 13 Analysts Coverage
Next Year NY
+19.73% ⌀ 13 Analysts Coverage
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ETF Profile
Provider
Fund Type
ETF Type
Passive Inception Date
10/21/2022 (3 yrs)
Index Group
MVIS Thematic Region
World Country
-
Sector
-
Strategy
Social / Environmental Theme
Circular_Economy Distribution Policy
Accumulating Replication
Full replication Sustainable
Yes 🛡️ Risk & Structural Analysis
Multi-Factor Risk Model & Market Data
5/7 Elevated
Diversification Score: 50/100 Moderate
Diversification Score
50/100 Moderate
5Y Volatility
14.4% p.a.
Max Drawdown (5Y)
-18.3%
Sharpe Ratio (5Y)
0.41
Beta Factor
0.79
Notes & Warnings
Fund Volume (AUM) ⚠️ Fund closure risk (< 50M € AUM)
⚠️ Fund closure risk (< 50M € AUM)
🟡 Moderate analyst coverage (13.1 analysts)
🔴 Extreme top 10 holdings concentration: 60% of fund in top 10 positions.
🔴 Severe sector concentration risk: 68% in "Industrials".
⚠️ Industry concentration: 38% in "Waste Management".
⚠️ Elevated Commodity Sensitivity: 27% of fund depends directly on energy and raw material prices (oil, metals, basic materials).
⚠️ Elevated Economic Cyclicality: 52% in cyclical industries – more vulnerable to economic downturns.
⚠️ Elevated Regulatory & Policy Risk: 59% in heavily regulated industries (defense, regulated utilities, healthcare policy).