REMX

VanEck Rare Earth and Strategic Metals ETF

$70.21
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The VanEck Rare Earth and Strategic Metals ETF (REMX) seeks to track the performance of the MVIS Global Rare Earth/Strategic Metals Index, which is intended to give investors exposure to companies involved in the production, refining, and recycling of rare earth and strategic metals.

Overview

ETF tracking VanEck Rare Earth and Strategic Metals ETF

Category Materials
Issuer VanEck
Inception Date 2010-10-28
Market Cap $896.9M
Average Volume N/A
Dividend Yield 1.42%
52-Week Range $32.65 - $79.72
VWAP $70.24

Performance

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Investment Summary

📎 Investment Objective

The VanEck Rare Earth and Strategic Metals ETF (REMX) seeks to track the performance of the MVIS Global Rare Earth/Strategic Metals Index, which is intended to give investors exposure to companies involved in the production, refining, and recycling of rare earth and strategic metals.

🎯 Investment Strategy

The ETF invests in a portfolio of companies that generate at least 50% of their revenues from rare earth and strategic metals activities. The fund aims to provide investors with diversified exposure to this specialized materials sector.

✨ Key Features

  • Focuses on companies involved in the rare earth and strategic metals industry, which includes metals critical for many modern technologies
  • Provides broad exposure across the rare earth and strategic metals supply chain, including mining, refining, and recycling companies
  • Passively tracks the MVIS Global Rare Earth/Strategic Metals Index, which is designed to represent the performance of this specialized materials sector

⚠️ Primary Risks

  • Concentration risk, as the fund is focused on a specific industry sector
  • Volatility risk, as the rare earth and strategic metals industry can experience significant price swings
  • Regulatory and geopolitical risks, as government policies and international relations can impact the supply and demand of these critical materials
  • Liquidity risk, as some of the underlying holdings may have limited trading volume

👤 Best For

This ETF may be suitable for investors seeking exposure to the rare earth and strategic metals industry as part of a diversified portfolio. It may be of particular interest to investors with a higher risk tolerance who are looking to gain access to this specialized materials sector.