GMET VanEck Green Metals ETF
What is GMET?
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.
GMET Summary Data
GMET Portfolio Data
GMET Index Data
GMET Portfolio Management
GMET Tax Exposures
GMET Fund Structure
Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
GMET Top 10 Holdings
GMET Performance Statistics
GMET Economic Development
GMET Benchmark Comparison Summary
GMET Benchmark Comparison Market Cap Size
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.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.