GMET
VanEck Green Metals ETF
📎 Investment Objective
The VanEck Green Metals ETF (GMET) seeks to track the performance of companies involved in the production and processing of metals and materials critical to the global transition to renewable energy and electrification.
Overview
ETF tracking VanEck Green Metals ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The VanEck Green Metals ETF (GMET) seeks to track the performance of companies involved in the production and processing of metals and materials critical to the global transition to renewable energy and electrification.
🎯 Investment Strategy
GMET invests in a diversified portfolio of global companies engaged in the mining, refining, and manufacturing of metals like lithium, cobalt, nickel, copper, and rare earth elements. The fund aims to provide exposure to the long-term growth potential of the green metals industry.
✨ Key Features
- Focuses on companies involved in the production and processing of metals essential for renewable energy and electric vehicles
- Diversified across the green metals supply chain, including mining, refining, and manufacturing
- Tracks the MVIS Global Clean-Tech Metals Index, which is designed to measure the performance of the global green metals industry
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific industry sector
- Commodity price volatility and supply chain disruptions can impact the performance of underlying companies
- Exposure to emerging markets and developing economies, which may have higher political and economic risks
- Lack of long-term performance history as the fund is relatively new
👤 Best For
GMET may be suitable for investors seeking exposure to the long-term growth potential of the green metals industry, which is critical to the global transition to renewable energy and electrification. However, investors should be aware of the higher volatility and risks associated with this thematic sector fund.