SETM

Sprott Funds Trust Sprott Critical Materials ETF

$26.14
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Sprott Critical Materials ETF (SETM) seeks to provide exposure to companies involved in the production, exploration, and development of critical materials, which are essential for the transition to a low-carbon economy.

Overview

ETF tracking Sprott Funds Trust Sprott Critical Materials ETF

Category Materials
Issuer Other
Inception Date 2023-02-02
Market Cap $108.5M
Average Volume N/A
Dividend Yield 1.19%
52-Week Range $11.66 - $29.57
VWAP $26.05

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Sprott Critical Materials ETF (SETM) seeks to provide exposure to companies involved in the production, exploration, and development of critical materials, which are essential for the transition to a low-carbon economy.

🎯 Investment Strategy

The ETF tracks the Nasdaq Sprott Critical Materials Index, which is designed to provide exposure to companies that are involved in the production, exploration, and development of critical materials. The index includes companies from the materials, industrials, and energy sectors that are engaged in activities related to critical materials.

✨ Key Features

  • Provides exposure to a diversified portfolio of companies involved in critical materials production, exploration, and development
  • Focuses on materials that are essential for the transition to a low-carbon economy, such as lithium, cobalt, and rare earth elements
  • Passively managed, seeking to track the Nasdaq Sprott Critical Materials Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk: The fund's performance is heavily dependent on the materials sector, which can be subject to significant volatility
  • Commodity price risk: The profitability of critical materials companies is influenced by the fluctuations in commodity prices
  • Regulatory risk: Changes in government policies and regulations related to critical materials can impact the performance of the underlying companies
  • Liquidity risk: The fund may have limited trading volume, which can affect its ability to buy or sell shares at desired prices

👤 Best For

This ETF may be suitable for investors seeking exposure to the critical materials sector as part of a diversified portfolio. It may be of particular interest to investors who believe in the long-term growth potential of the critical materials industry and the transition to a low-carbon economy. However, investors should be aware of the higher volatility and risks associated with this sector.