GMET

VanEck Green Metals ETF
*Unless otherwise stated, data provided by FactSet.

GMET Fund Description

GMET tracks a market-cap-weighted index of global companies involved in mining, refining, and recycling of metals and rare earth elements that are used in technologies contributing to clean energy transition.

GMET Factset Analytics Insight

GMET is the first ETF to capture the global green metals space. The fund specifically includes companies that mine, refine, or recycle green metals—that is metals and rare earth elements enabling the transition to clean energy sources and technologies. Eligible firms must generate at least half of their revenues from green metals or have mining projects with the potential to derive at least half of their revenues from green metals when developed. The fund’s concentrated portfolio aims to cover 90% of the selection universe’s free-float market capitalization—having at least 25 companies selected and weighted by market-cap, with individual positions capped at 8% weight. Although GMET offers a sustainable tweak on its sibling fund—REMX, it sticks to a plain vanilla strategy that focuses on firms’ business activities rather than ESG screens. The index reconstitutes and rebalances quarterly.

PERFORMANCE [as of 08/12/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GMET 14.15% 6.03% -12.10% -- -- -- --
GMET (NAV) 13.38% 5.96% -12.17% -- -- -- --
MSCI AC World IMI / Metals & Mining -IND -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

GMET Summary Data

VanEck
11/09/21
Open-Ended Fund
0.59%
$22.83M
$286.95K
0.44%

GMET Portfolio Data

$26.34B
12.09
2.37
--
12/19/22
48

GMET Index Data

MVIS Global Clean-Tech Metals Index
Market Cap
Market Cap
MSCI AC World IMI / Metals & Mining -IND

GMET Portfolio Management

0.59%
--
--
--

GMET Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

GMET Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
High
Daily

GMET Factset Analytics Block Liquidity

As of 08/15/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of GMET. GMET is rated a N/A out of 5.

GMET Tradability

9,760
$286.95K
6,943
$203.00K
0.44%
$0.13
0.37%
1.74% / -0.45%
None
42.00%
--
--
--
--
26
$30.64
N/A

GMET Sector/Industry Breakdown


GMET
Segment Benchmark
60.01%
--
22.70%
--
7.81%
--
4.78%
--
3.34%
--
1.28%
--
0.09%
--

GMET Top 10 Holdings[View All]

7.76%
6.54%
4.92%
4.86%
4.35%
4.26%
3.24%
2.79%
52.85%

GMET Countries


GMET
Segment Benchmark
20.41%
--
18.75%
--
14.31%
--
11.89%
--
8.20%
--
7.96%
--
7.31%
--
5.01%
--
3.65%
--
1.23%
--

GMET Regions


GMET
Segment Benchmark
40.21%
--
33.06%
--
14.41%
--
7.31%
--
5.01%
--

GMET Economic Development


GMET
Segment Benchmark
65.70%
--
34.30%
--

GMET Performance Statistics

--
--
--
--
--
MSCI AC World IMI / Metals & Mining -IND

GMET Benchmark Comparison Holdings

48
--
--
--

GMET Benchmark Comparison Summary


GMET
Segment Benchmark
48
--
$26.34B
--
12.09
--
2.37
--
2.16%
--
High
--

GMET Benchmark Comparison Market Cap Size


GMET
Segment Benchmark
61.38%
--
37.02%
--
1.60%
--
0.00%
--

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.