A Trashy ETF | ETF Trends

The Market Vectors Environmental Services ETF (EVX) exchange traded fund (ETF) was born last October and has stayed in the top 11% of mid-cap blend funds year-to-date, according to Morningstar Research. This ETF tracks waste management companies in the Amex Environmental Services Index and is up 15.2% year-to-date. The biggest holdings in this Van Eck ETF are Veolia Environnment (VE) at 10.2%, Suez (SZE) at 10.2%, and Republic Services (RSG) at 10.0%, reports Jesse Emspak for Investor’s Business Daily. Who can call this ETF trashy now?

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The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.