VanEck
REUS.L
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
VanEck
VanEck
Fund Type
ETF
Inception Date
10/21/2022 (3 yrs)
Index Group
MVIS Thematic
Region
World
Country
-
Sector
-
Distribution Policy
Accumulating
Replication
Full replication
Sustainable
Yes

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

5/7 Elevated
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).
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