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Trending ETFs

Name

As of 04/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$52.17

$355 M

2.27%

$1.19

0.54%

Vitals

YTD Return

-15.2%

1 yr return

-36.6%

3 Yr Avg Return

-10.6%

5 Yr Avg Return

3.6%

Net Assets

$355 M

Holdings in Top 10

61.5%

52 WEEK LOW AND HIGH

$54.6
$44.23
$88.36

Expenses

OPERATING FEES

Expense Ratio 0.54%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 74.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 04/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$52.17

$355 M

2.27%

$1.19

0.54%

REMX - Profile

Distributions

  • YTD Total Return -15.2%
  • 3 Yr Annualized Total Return -10.6%
  • 5 Yr Annualized Total Return 3.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.08%
DIVIDENDS
  • Dividend Yield 2.3%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    VanEck Rare Earth/Strategic Metals ETF
  • Fund Family Name
    VANECKFUND
  • Inception Date
    Oct 28, 2010
  • Shares Outstanding
    9174987
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Peter Liao

Fund Description

The Fund normally invests at least 80% of its total assets in securities that comprise the Fund’s benchmark index. 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 mining projects with the potential to generate at least 50% of their revenues from rare earth/strategic metals when developed. 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. Compared to base metals, they have more specialized uses and are often more difficult to extract. Currently, approximately 44 elements in the periodic table are considered rare earth/strategic metals. Rare earth metals (or rare earth elements), a subset of strategic metals, are a collection of chemical elements that are crucial to many of the world’s most advanced technologies, such as cellular phones, high performance batteries, flat screen televisions, green energy technology, and are expected to be critical to the future of hybrid and electric cars, high-tech military applications and superconductors and fiber-optic communication systems. The Rare Earth/Strategic Metals Index may include A-shares issued by companies trading via the Shanghai-Hong Kong Stock Connect program and the Shenzhen-Hong Kong Stock Connect program (together, “Stock Connect”). As of December 31, 2022, the Rare Earth/Strategic Metals Index included 24 securities of companies with a market capitalization range of between approximately $491 million and $13.1 billion and a weighted average market capitalization of $4.9 billion. These amounts are subject to change. The Fund’s 80% investment policy is non-fundamental and may be changed without shareholder approval upon 60 days’ prior written notice to shareholders.
The Fund, using a “passive” or indexing investment approach, attempts to approximate the investment performance of the Rare Earth/Strategic Metals Index by investing in a portfolio of securities that generally replicates the Rare Earth/Strategic Metals Index. Unlike many investment companies that try to “beat” the performance of a benchmark index, the Fund does not try to “beat” the Rare Earth/Strategic Metals Index and does not seek temporary defensive positions that are inconsistent with its investment objective of seeking to replicate the Rare Earth/Strategic Metals Index.
The Fund is classified as a non-diversified fund under the Investment Company Act of 1940, as amended (the “Investment Company Act of 1940”), and, therefore, may invest a greater percentage of its assets in a particular issuer. The Fund may concentrate its investments in a particular industry or group of industries to the extent that the Rare Earth/Strategic Metals Index concentrates in an industry or group of industries. As of December 31, 2022, the basic materials sector represented a significant portion of the Fund.
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REMX - Performance

Return Ranking - Trailing

Period REMX Return Category Return Low Category Return High Rank in Category (%)
YTD -15.2% -15.2% 16.2% 100.00%
1 Yr -36.6% -36.6% 2.5% 100.00%
3 Yr -10.6%* -19.8% 5.4% 98.46%
5 Yr 3.6%* -0.5% 14.1% 96.55%
10 Yr -4.2%* -4.2% 6.4% 100.00%

* Annualized

Return Ranking - Calendar

Period REMX Return Category Return Low Category Return High Rank in Category (%)
2023 -19.2% -19.2% 10.1% 100.00%
2022 -32.1% -32.9% -1.3% 98.46%
2021 70.4% -51.0% 70.4% 1.54%
2020 63.4% 10.6% 63.4% 1.56%
2019 -1.0% -1.0% 54.7% 100.00%

Total Return Ranking - Trailing

Period REMX Return Category Return Low Category Return High Rank in Category (%)
YTD -15.2% -15.2% 16.2% 100.00%
1 Yr -36.6% -36.6% 2.5% 100.00%
3 Yr -10.6%* -19.8% 5.4% 98.46%
5 Yr 3.6%* -0.5% 14.1% 96.55%
10 Yr -4.2%* -4.2% 6.4% 100.00%

* Annualized

Total Return Ranking - Calendar

Period REMX Return Category Return Low Category Return High Rank in Category (%)
2023 -19.2% -19.2% 12.3% 100.00%
2022 -31.1% -32.9% 2.7% 98.46%
2021 80.2% -23.6% 80.2% 1.54%
2020 64.8% 10.6% 70.6% 3.13%
2019 0.7% 0.7% 58.5% 100.00%

REMX - Holdings

Concentration Analysis

REMX Category Low Category High REMX % Rank
Net Assets 355 M 8.82 M 13.5 B 63.08%
Number of Holdings 30 24 271 90.77%
Net Assets in Top 10 252 M 9.07 M 8.36 B 63.08%
Weighting of Top 10 61.52% 32.6% 81.9% 41.54%

Top 10 Holdings

  1. Albemarle Corp 8.37%
  2. Pilbara Minerals Ltd 8.21%
  3. Arcadium Lithium PLC 7.57%
  4. Lynas Rare Earths Ltd 6.93%
  5. Sociedad Quimica y Minera de Chile SA 5.72%
  6. MP Materials Corp 5.24%
  7. China Northern Rare Earth Group High-Tech Co Ltd 5.03%
  8. Liontown Resources Ltd 5.00%
  9. Livent Corp 4.96%
  10. State Street Navigator Securities Lending Government Money Market Portfolio 4.50%

Asset Allocation

Weighting Return Low Return High REMX % Rank
Stocks
99.99% 83.54% 118.45% 24.62%
Cash
4.50% 0.00% 7.87% 13.85%
Preferred Stocks
0.00% 0.00% 0.84% 58.46%
Other
0.00% -0.53% 14.99% 73.85%
Convertible Bonds
0.00% 0.00% 0.00% 58.46%
Bonds
0.00% 0.00% 9.60% 58.46%

Stock Sector Breakdown

Weighting Return Low Return High REMX % Rank
Basic Materials
100.00% 93.10% 100.00% 41.54%
Utilities
0.00% 0.00% 0.02% 61.54%
Technology
0.00% 0.00% 0.19% 58.46%
Real Estate
0.00% 0.00% 0.00% 58.46%
Industrials
0.00% 0.00% 4.56% 61.54%
Healthcare
0.00% 0.00% 0.00% 58.46%
Financial Services
0.00% 0.00% 0.14% 58.46%
Energy
0.00% 0.00% 2.88% 60.00%
Communication Services
0.00% 0.00% 0.00% 58.46%
Consumer Defense
0.00% 0.00% 0.00% 58.46%
Consumer Cyclical
0.00% 0.00% 2.75% 58.46%

Stock Geographic Breakdown

Weighting Return Low Return High REMX % Rank
Non US
61.48% 0.00% 95.25% 40.00%
US
38.51% 1.10% 101.19% 55.38%

REMX - Expenses

Operational Fees

REMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.54% 0.39% 4.25% 89.23%
Management Fee 0.50% 0.35% 1.00% 20.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.10% 0.25% N/A

Sales Fees

REMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

REMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

REMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 74.00% 1.00% 114.00% 84.13%

REMX - Distributions

Dividend Yield Analysis

REMX Category Low Category High REMX % Rank
Dividend Yield 2.27% 0.00% 4.40% 84.62%

Dividend Distribution Analysis

REMX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

REMX Category Low Category High REMX % Rank
Net Income Ratio 0.08% -18.00% 5.11% 70.77%

Capital Gain Distribution Analysis

REMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Semi-Annually

Distributions History

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REMX - Fund Manager Analysis

Managers

Peter Liao


Start Date

Tenure

Tenure Rank

Oct 27, 2010

11.6

11.6%

Mr. Liao has been employed by Van Eck Associates Corporation as an analyst since the summer of 2004 and has been a portfolio manager since 2006. Mr. Liao graduated from New York University in 2004 with a Bachelor of Arts in Economics and Mathematics. He is a CFA charterholder.

Guo Hua (Jason) Jin


Start Date

Tenure

Tenure Rank

Mar 12, 2018

4.22

4.2%

Guo Hua (Jason) Jin has been employed by Van Eck Associates Corporation as an analyst since January 2007 and has been a portfolio manager since 2018. Mr. Jin graduated from the State University of New York at Buffalo in 2004 with a Bachelor of Science degree in Business Administration with a concentration in Financial Analysis.

Tenure Analysis

Category Low Category High Category Average Category Mode
1.25 34.34 11.89 3.67