Equity: Global Metals & Mining
With 5 ETFs and over $5.17B in combined AUM, the Equity: Global Metals & Mining segment provides exposure to the Global space with a focus on Basic Materials securities.
Year-to-date, the best-performing ETF in the segment is the VanEck Vectors Rare Earth/Strategic Metals ETF (REMX), with a total return of 25.80%. Meanwhile, the most popular ETF is the Global X Lithium & Battery Tech ETF (LIT) with $2.80BB in assets under management.
Investors should take a look at the (). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. has an expense ratio of -- and tracks the .
ETF.com Efficiency Insight
The average efficiency score in the Equity: Global Metals & Mining segment is 82 out of 100, with the Global X Copper Miners ETF(COPX) obtaining the highest rating of 84 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.60% per year, with the iShares MSCI Global Metals & Mining Producers ETF (PICK) having the lowest expense ratio, charging investors 0.39% yearly.
Investors should look for funds with tight tracking, such as the iShares MSCI Global Metals & Mining Producers ETF (PICK), with a 12-month median tracking difference of -0.14%.
ETF.com Tradability Insight
The average tradability score in the Equity: Global Metals & Mining segment is 86 out of 100, with the Amplify Lithium & Battery Technology ETF(BATT) obtaining the highest rating of 91 out of 100.
The Global X Lithium & Battery Tech ETF (LIT) is the undisputed segment leader when it comes to liquidity. The fund trades 109.81M in daily average volume. Investors should also find ample liquidity in the Global X Copper Miners ETF (COPX), with $18.21M in daily dollar volume.
Use limit orders to trade funds such as the Global X Copper Miners ETF(COPX), due to their double-digit market spreads.
ETF.com Fit Insight
The Thomson Reuters Global Metal & Mining has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to PICK. This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, LIT follows a Vanilla strategy and obtains a low Fit score compared with our neutral benchmark.