ETF profile for Vaneck Rare Earth And Strategic Metals ETF (REMX) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
REMX ETF Profile
| Family: |
Van Eck Associates Corporation |
| Name: |
VanEck Rare Earth and Strategic Metals ETF |
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| Inception Date: |
27-Oct-2010 |
| Termination Date: |
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| Investment Objective: |
VanEck Rare Earth and Strategic Metals ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Rare Earth/Strategic Metals Index (the "Rare Earth/Strategic Metals Index" or the "Index"). The Fund normally invests at least 80% of its total assets in securities that comprise the Fund's benchmark index. For purposes of this policy, the term "assets" means net assets plus the amount of any borrowings for investment purposes. The Rare Earth/Strategic Metals Index includes companies primarily engaged in a variety of activities that are related to the producing, refining and recycling of rare earth and strategic metals and minerals. Such companies may include small- and medium- capitalization companies and foreign and emerging market issuers. To be initially eligible for the Rare Earth/Strategic Metals Index, companies must generate at least 50% of their revenues from rare earth/strategic metals or have at least 50% of their mineral resources related to rare earth/strategic metals. Rare earth/strategic metals are industrial metals that are typically mined as by-products or secondary metals in operations focused on precious metals and base metals. |
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| Prospectus |
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| Top 10 Holdings |
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| Sociedad Quimica Y Minera De Chile Sa |
SQM |
8.9995% |
| Albemarle Corp |
ALB |
8.8417% |
| China Northern Rare Earth Group High-Te |
600111 |
7.7407% |
| Mp Materials Corp |
MP |
6.8111% |
| Lynas Rare Earths Ltd |
LYC |
6.0229% |
| Jinduicheng Molybdenum Co Ltd |
601958 |
5.4637% |
| Pilbara Minerals Ltd |
PLS |
5.2535% |
| Xiamen Tungsten Co Ltd |
600549 |
4.7984% |
| Lianyou Metals Co Ltd |
7610 |
4.0856% |
| Shenghe Resources Holding Co Ltd |
600392 |
3.7989% |
|
Top 10 Holdings Weight: |
61.8% |
| Number of Holdings: |
33 |
| Shares Outstanding: |
28,824,987 |
| Total Net Assets: |
1,483,333,888 |
| NAV: |
51.46 |
| Net Expense Ratio: |
0.53% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Funds Combining Developed & Emerging Exposure |
| Country: |
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| Region: |
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| Strategy: |
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| Currency: |
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| Commodity: |
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| Sector: |
Materials |
| Industry: |
Metals & Mining |
| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Broad Market / Multi-Cap |
| Credit Quality: |
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| Mortgage Bond Types: |
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| Bond Type: |
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| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Global |
