Sprott Energy Transition Materials ETF (SETM)
| Assets | $19.31M |
| Expense Ratio | 0.65% |
| PE Ratio | 11.55 |
| Shares Out | 1.13M |
| Dividend (ttm) | $0.44 |
| Dividend Yield | 2.57% |
| Ex-Dividend Date | Dec 14, 2023 |
| Payout Ratio | 29.72% |
| 1-Year Return | -8.15% |
| Volume | 6,521 |
| Open | 17.00 |
| Previous Close | 17.07 |
| Day's Range | 16.80 - 17.10 |
| 52-Week Low | 15.29 |
| 52-Week High | 20.95 |
| Beta | 1.22 |
| Holdings | 115 |
| Inception Date | Feb 1, 2023 |
About SETM
Fund Home PageThe Sprott Energy Transition Materials ETF (SETM) is an exchange-traded fund that mostly invests in materials equity. The fund supports the global move to cleaner energy by tracking an index of US and foreign companies related to energy transition materials. Securities are selected based on revenue and weighted by market-cap. SETM was launched on Feb 1, 2023 and is issued by Sprott.
Top 10 Holdings
40.47% of assets| Name | Symbol | Weight |
|---|---|---|
| Lynas Rare Earths Ltd | LYC.AX | 5.05% |
| Freeport-McMoRan Inc. | FCX | 4.80% |
| Cameco Corporation | CCJ | 4.63% |
| Pilbara Minerals Ltd | PLS.AX | 4.35% |
| Albemarle Corporation | ALB | 4.13% |
| Sociedad Química y Minera de Chile S.A. | SQM | 4.08% |
| MP Materials Corp. | MP | 3.65% |
| Arcadium Lithium plc | ALTM | 3.47% |
| National Atomic Co Kazatomprom JSC ADR | KAP.L | 3.24% |
| Uranium Energy Corp. | UEC | 3.09% |
News
4th Industrial Revolution Could Bolster This Critical Minerals ETF
A global transition to alternative energy is helping to fuel a fourth industrial revolution (4IR). This will increase demand for critical minerals, leading to opportunities in ETFs that specifically f...
Disruptive Tech Theme of the Week – Rare Earths & Critical Materials
Critical materials are essential for clean energy applications and technologies like electric vehicles and wind turbines. This category includes copper, lithium, nickel, cobalt, and rare earth metals.
Critical Minerals Shortfall Brings Growth Potential to This ETF
The International Energy Agency (IEA) said manufacturers of clean energy technologies may not be able to operate at full capacity given the shortage of critical minerals in the long term. In turn, thi...
Investing in Copper Miners
Sprott Asset Management launches its copper miners ETF. Steve Schoffstall discusses Sprott Copper Miners ETF as it provides exposure to large, mid, and small-cap copper miners.
Biden Under Fire: Larry Summers Warns 'Bidenomics' Is 'Increasingly Dangerous' To US Economy - Sprott Energy Transition Materials ETF (NASDAQ:SETM), Direxion Daily S&P 500 Bear 3X (ARCA:SPXS)
Prominent economist Larry Summers, who served in both the Obama and Clinton administrations, recently expressed deep concerns about elements of President Joe Biden's economic agenda.