Key stats
About Sprott Critical Materials ETF
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Inception date
Feb 1, 2023
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.
ISIN
US85208P4028
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
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
Process Industries
Stocks99.81%
Non-Energy Minerals89.40%
Process Industries10.21%
Industrial Services0.20%
Bonds, Cash & Other0.19%
Mutual fund0.17%
Cash0.02%
Stock breakdown by region
North America59.06%
Oceania24.63%
Asia10.35%
Europe4.55%
Latin America1.40%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SETM invests in stocks. The fund's major sectors are Non-Energy Minerals, with 89.40% stocks, and Process Industries, with 10.21% of the basket. The assets are mostly located in the North America region.
SETM top holdings are MP Materials Corp Class A and Lynas Rare Earths Limited, occupying 9.15% and 6.34% of the portfolio correspondingly.
SETM last dividends amounted to 0.31 USD. The year before, the issuer paid 0.43 USD in dividends, which shows a 36.70% decrease.
SETM assets under management is 101.67 M USD. It's risen 21.92% over the last month.
SETM fund flows account for 49.44 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, SETM pays dividends to its holders with the dividend yield of 1.26%. The last dividend (Dec 19, 2024) amounted to 0.31 USD. The dividends are paid annually.
SETM shares are issued by Sprott, Inc. under the brand Sprott. The ETF was launched on Feb 1, 2023, and its management style is Passive.
SETM expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
SETM follows the Nasdaq Sprott Critical Materials Net Total Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SETM invests in stocks.
SETM price has risen by 14.79% over the last month, and its yearly performance shows a 37.68% increase. See more dynamics on SETM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 15.17% over the last month, showed a 42.25% increase in three-month performance and has increased by 44.56% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 15.17% over the last month, showed a 42.25% increase in three-month performance and has increased by 44.56% in a year.
SETM trades at a premium (0.64%) meaning the ETF is trading at a higher price than the calculated NAV.