Tesla’s Record Run Clears the Air for ‘SMOG’ ETF

The video discusses the growth of values-based ETFs, reaching $94 billion in 2019. It highlights the Vaneck Vectors Low Carbon Energy ETF, known as Smog, which focuses on companies generating at least half their revenue from low carbon energy sources like biofuels, wind, solar, hydro, and geothermal. Tesla, a major component of the fund, significantly boosts its performance, accounting for 40% of the total return. Other notable holdings include Eaton, Microchip Technology, Vestas Wind Systems, and AMETEK. Smog has $115 million in assets with an expense ratio of 63 basis points and receives a green light from Bloomberg Intelligence.

What was the value of values-based ETFs in 2019?

• $200 billion

• $94 billion

• $120 billion

• $50 billion

What is the primary focus of the Vaneck Vectors Low Carbon Energy ETF?

• Technology startups

• Alternative energy companies

• Financial institutions

• Traditional energy companies

What percentage of revenue must companies derive from low carbon energy to be included in the Smog ETF?

• 75%

• 50%

• 100%

• 25%

Which company is the largest contributor to the Smog ETF's performance?

• Microchip Technology

• Tesla

• Eaton

• AMETEK

What is the expense ratio of the Smog ETF?

• 100 basis points

• 50 basis points

• 63 basis points

• 75 basis points