VanEck Environmental Services ETF (EVX) IV/HV History

Comparing implied volatility to historical (realized) volatility reveals whether options are priced rich or cheap relative to actual price movement. Persistent gaps can signal trading opportunities.

VanEck Environmental Services ETF (EVX) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $98.1M, listed on AMEX, carrying a beta of 1.02 to the broader market. VanEck Environmental Services ETF (EVX) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketVector Global Environmental Services Index (MVEVX), which is intended to track the overall performance of companies involved primarily in environmental consulting and modeling, wastewater management and drainage solutions, general waste management services, environmental remediation and protection, air filtration (non-industrial end markets), and carbon-capture, waste-to-energy, and biofuel technologies (excluding certain recycling activities). public since 2006-10-16.

Snapshot as of May 15, 2026.

Spot Price
$39.19
ATM IV
19.3%
HV 20-Day
15.6%
HV 60-Day
17.5%
IV Rank
2.4%
IV Percentile
56.0%

As of May 15, 2026, VanEck Environmental Services ETF (EVX) ATM implied volatility is 19.3%. 20-day realized volatility is 15.6%, producing an IV-HV spread of +3.7 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 2.4%.

How EVX iv/hv history Data Feeds Strategy Selection

Strategy selection on VanEck Environmental Services ETF options does not derive from any single metric in isolation. The iv/hv history view above sits inside a broader read: ATM IV currently sits at 19.3% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the iv/hv history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how implied vs realized volatility is reported and how to read the data →

Frequently asked EVX iv/hv history questions

Is EVX options pricing rich or cheap right now?
As of May 15, 2026, VanEck Environmental Services ETF (EVX) ATM IV is 19.3% against 20-day realized volatility of 15.6%. IV rank is 2.4%. EVX options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 3.7 vol points.
What is the EVX variance risk premium?
The variance risk premium is the persistent gap between implied and subsequently realized volatility. In equity markets it averages positive because option sellers demand compensation for bearing variance shocks. EVX is currently priced consistently with this premium, which is one input to whether short-vol or long-vol structures carry their typical edge.
What does EVX IV rank mean for strategy selection?
IV rank normalizes the current ATM IV to its 1-year range: 0% is the low, 100% is the high. EVX's current rank of 2.4% signals where current pricing sits in its own 1-year history. High-rank regimes typically favor premium-selling structures (credit spreads, condors, covered calls); low-rank regimes typically favor premium-buying or long-volatility structures.