Key stats
About Sprott Active Metals & Miners ETF
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Inception date
Sep 9, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Sprott Asset Management USA, Inc.
Distributor
ALPS Distributors, Inc.
Identifiers
3
ISIN US85208P8573
METL seeks long-term capital appreciation by investing in companies across the broad metals and mining industry. Eligible companies must earn or have assets of at least 50% in activities tied to the metals and mining lifecycle. This includes companies engaged in mining, exploration, production, development, distribution or recycling of metals and raw materials that are frequently used to support global demand for energy, as well as royalty and streaming companies engaged in financing such metals and raw materials. The fund targets companies with exposure to metals and raw materials that have high global demand. Using a value-oriented contrarian approach, the fund focuses on undervalued companies with strong long-term fundamentals or growth potential that are temporarily overlooked by investors. Position sizes typically range from 0.5% to 15%. METL invests across the world, including companies in emerging markets. The actively managed fund may engage in securities lending.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Non-Energy Minerals
Stocks99.36%
Non-Energy Minerals90.87%
Process Industries4.82%
Industrial Services3.61%
Bonds, Cash & Other0.64%
Mutual fund0.70%
Cash−0.06%
Stock breakdown by region
North America72.53%
Oceania12.40%
Europe7.09%
Latin America6.22%
Africa1.76%
Asia0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
METL invests in stocks. The fund's major sectors are Non-Energy Minerals, with 90.93% stocks, and Process Industries, with 4.82% of the basket. The assets are mostly located in the North America region.
METL top holdings are Endeavour Silver Corp. and Cameco Corporation, occupying 4.27% and 4.10% of the portfolio correspondingly.
METL assets under management is 99.19 M USD. It's risen 81.69% over the last month.
METL fund flows account for 91.08 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, METL pays dividends to its holders with the dividend yield of 0.86%. The last dividend (Dec 22, 2025) amounted to 0.25 USD. The dividends are paid annually.
METL shares are issued by Sprott, Inc. under the brand Sprott. The ETF was launched on Sep 9, 2025, and its management style is Active.
METL expense ratio is 0.89% meaning you'd have to pay 0.89% of your investment to help manage the fund.
METL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
METL invests in stocks.
METL price has risen by 6.30% over the last month, and its yearly performance shows a 47.29% increase. See more dynamics on METL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.15% over the last month, showed a 38.82% increase in three-month performance and has increased by 15.43% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.15% over the last month, showed a 38.82% increase in three-month performance and has increased by 15.43% in a year.
METL trades at a premium (0.89%) meaning the ETF is trading at a higher price than the calculated NAV.