Sprott Critical Materials ETFSprott Critical Materials ETFSprott Critical Materials ETF

Sprott Critical Materials ETF

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Key stats


Assets under management (AUM)
‪33.11 M‬USD
Fund flows (1Y)
‪25.94 M‬USD
Dividend yield (indicated)
2.15%
Discount/Premium to NAV
−1.6%
Shares outstanding
‪2.21 M‬
Expense ratio
0.65%

About Sprott Critical Materials ETF


Brand
Sprott
Inception date
Feb 1, 2023
Structure
Open-Ended Fund
Index tracked
Nasdaq Sprott Critical Materials Net Total Return
Management style
Passive
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Sprott Asset Management USA, Inc.
Distributor
ALPS Distributors, Inc.
SETM aims for a less carbon-intensive economy and global cleaner energy. It gives pure-play exposure to a portfolio of 100-120 US and foreign companies that derive half of their revenue from several activities involving a broad range of critical minerals considered energy transition materials. These activities include mining, exploration, development, and production of metals and raw materials such as uranium, copper, lithium, nickel, cobalt, graphite, manganese, rare earths, and silver. The investable universe is identified through a proprietary selection methodology which includes industry publication reviews and fundamental research. All eligible securities are included as constituents provided that minimum market-cap and liquidity requirements are met. While the index is market cap-weighted, an individual security capping of 4.75% and a 25% group commodity capping are implemented to ensure a diversified portfolio. Index reconstitution and rebalancing are done semi-annually.

Classification


Asset Class
Equity
Category
Sector
Focus
Materials
Niche
Metals & mining
Strategy
Vanilla
Geography
Global
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Non-Energy Minerals
Process Industries
Stock breakdown by region
20%7%54%5%11%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Neutral
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Neutral
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Neutral
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Moving Averages
Neutral
SellBuy
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Moving Averages
Neutral
SellBuy
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Displays a symbol's price movements over previous years to identify recurring trends.