VanEck Green Metals ETF (GMET)
| Assets | $19.82M |
| Expense Ratio | 0.61% |
| PE Ratio | 21.18 |
| Shares Out | 800,000 |
| Dividend (ttm) | $0.39 |
| Dividend Yield | 1.59% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | 33.69% |
| Volume | 1,325 |
| Open | 24.85 |
| Previous Close | 24.85 |
| Day's Range | 24.78 - 24.90 |
| 52-Week Low | 16.78 |
| 52-Week High | 26.47 |
| Beta | 0.87 |
| Holdings | 57 |
| Inception Date | Nov 9, 2021 |
About GMET
Fund Home PageThe VanEck Green Metals ETF (GMET) is an exchange-traded fund that is based on the MVIS Global Clean-Tech Metals index, 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 was launched on Nov 9, 2021 and is issued by VanEck.
Top 10 Holdings
54.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Freeport-McMoRan Inc. | FCX | 8.59% |
| Glencore plc | GLEN | 7.99% |
| Anglo American PLC | AAUKF | 6.85% |
| Grupo Mexico SAB de CV Class B | GMEXICOB.MX | 6.64% |
| Teck Resources Limited | TECK | 5.60% |
| Antofagasta plc | ANTO | 4.12% |
| Southern Copper Corporation | SCCO | 3.80% |
| Valterra Platinum Ltd | AMS.JO | 3.70% |
| Boliden AB (publ) | BOL | 3.58% |
| First Quantum Minerals Ltd. | FM | 3.29% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.3941 | Dec 24, 2024 |
| Dec 18, 2023 | $0.4909 | Dec 22, 2023 |
| Dec 19, 2022 | $0.725 | Dec 23, 2022 |
Performance
GMET had a total return of -1.06% in the past year, including dividends. Since the fund's inception, the average annual return has been -7.39%.
News
GMET And Commodities Are A Decent Approach To ESG
What's nice about GMET is that it takes a more oblique and potentially successful approach towards the ESG matter. Copper prices are quite important for the ETF, and relative to the trailing PE, coppe...
Cobalt Miners News For The Month Of November 2021
Cobalt spot prices were higher for the month and LME cobalt inventory was the same. Cobalt market news - CRU: The cobalt market is in deficit this year but should be more balanced in 2022. Explorers a...
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 ...
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.