VanEck Green Metals ETF (GMET)
| Assets | $23.99M |
| NAV | $29.99 |
| Expense Ratio | 0.59% |
| PE Ratio | 13.32 |
| Shares Out | 800,000 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | -11.98% |
| Volume | 7,859 |
| Open | 31.50 |
| Previous Close | 31.74 |
| Day's Range | 30.74 - 31.50 |
| 52-Week Low | 28.63 |
| 52-Week High | 38.55 |
| Beta | 1.52 |
| Holdings | 60 |
| Inception Date | Nov 9, 2021 |
About GMET
The fund normally invests at least 80% of its total assets in securities of Green Metals Companies. The index is a global index that tracks the performance of Green Metals Companies. "Green Metals Companies" are companies involved in the production, refining, processing and recycling of green metals. The Advisor attempts to approximate the investment performance of the index by investing in a portfolio of securities that generally replicates the index. The fund is non-diversified.
Top 10 Holdings
54.71% of assets| Name | Symbol | Weight |
|---|---|---|
| Glencore PLC | GLEN.L | 8.91% |
| Albemarle | ALB | 7.22% |
| Freeport-McMoRan | FCX | 7.04% |
| Teck Resources | TECK | 6.02% |
| Ganfeng Lithium Co Ltd Class A | 002460.SZ | 5.44% |
| Grupo Mexico SAB de CV | GMEXICOB.MX | 4.73% |
| Yuan Renminbi Offshore | N/A | 4.24% |
| Zhejiang Huayou Cobalt Co Ltd Class A | 603799.SS | 3.99% |
| First Quantum Minerals Ltd | FM.TO | 3.81% |
| China Northern Rare Earth (Group) High-Tech Co Ltd Class A | 600111.SS | 3.31% |
News
Green Metals Offer Colorful Long-Term Investment Thesis
Clean technologies and renewable energy concepts may appear new and tech-laden, but it takes some old school materials and metals to drive the green energy revolution. Also known as green metals, these ...
Future of Metals Investing Is in This ETF
Russia's invasion of Ukraine further highlights the need for global governments to commit capital to renewable energy and clean technologies. It's expected that spending will soar in the years ahead, cr...
A Guide to Investing in the Green Energy Transition With VanEck
The transition to renewable energy and net-zero carbon emissions provides long-term investors with an opportunity to get ahead of the regulatory, economic, and fiscal curve. Shawn Reynolds, portfolio ma...
Get Ahead of the Curve: How to Invest in the Green Energy Transition
Ready or not, the world is in the middle of a transition away from carbon-intensive energy sources towards cleaner alternatives. As the transition continues, there will be significant opportunities for ...
GMET Has Recipe for Success as Renewable Energy Metals Demand Soars
Whether it's electric vehicles, solar panels, or wind turbines, clean energy concepts and products depend on an assortment of components and metals. Some might call those green metals, and this new exch...
VanEck Debuts Green Metals ETF
The new fund targets companies mining the metals driving the transition to a low-carbon economy.
VanEck Debuts ETF Focused On Clean Tech Green Metals
The New York City-based global investment manager VanEck has launched the VanEck Green Metals ETF (NYSE: GMET), a fund focused on the producers, refiners, processors and recyclers of the green metals be...
VanEck Launches Green Metals ETF, GMET
On Thursday, VanEck announced the launch of the VanEck Green Metals ETF (GMET), a new fund that provides comprehensive global exposure to the producers, refiners, processors, and recyclers of the green ...
VanEck Launches Green Metals ETF To Expand Investor Access to the Energy Transition
NEW YORK--(BUSINESS WIRE)--VanEck is launching GMET, ETF providing global exposure to green metals producers, refiners, processors and recyclers essential to low carbon economy.