Sprott Critical Materials ETF (SETM)
| Assets | $115.76M |
| Expense Ratio | 0.65% |
| PE Ratio | 29.93 |
| Shares Out | 4.47M |
| Dividend (ttm) | $0.31 |
| Dividend Yield | 1.17% |
| Ex-Dividend Date | Dec 12, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | 35.71% |
| Volume | 165,509 |
| Open | 26.93 |
| Previous Close | 26.65 |
| Day's Range | 26.28 - 27.28 |
| 52-Week Low | 11.48 |
| 52-Week High | 27.28 |
| Beta | 0.91 |
| Holdings | 92 |
| Inception Date | Feb 1, 2023 |
About SETM
Fund Home PageThe Sprott Critical 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
47.32% of assets| Name | Symbol | Weight |
|---|---|---|
| MP Materials Corp. | MP | 9.03% |
| Lynas Rare Earths Limited | LYC | 6.46% |
| Pilbara Minerals Limited | PLS | 5.78% |
| Uranium Energy Corp. | UEC | 4.83% |
| Albemarle Corporation | ALB | 4.36% |
| Cameco Corporation | CCJ | 3.96% |
| First Majestic Silver Corp. | AG | 3.65% |
| Ganfeng Lithium Group Co., Ltd. | GNENF | 3.45% |
| National Atomic Company Kazatomprom JSC | KAP | 2.97% |
| Freeport-McMoRan Inc. | FCX | 2.83% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.31164 | Dec 19, 2024 |
| Dec 14, 2023 | $0.43769 | Dec 21, 2023 |
Performance
SETM had a total return of 46.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.13%.
News
SETM: Diverse Materials Strategy For The New Age Of Energy Production
Sprott Critical Materials ETF offers global exposure to companies developing critical materials like uranium, lithium, and rare earth elements. SETM benefits from secular growth trends in energy deman...
More Defense Spending Will Drive Critical Minerals Demand
With the United States becoming less involved in NATO affairs, it's forcing European nations to become more reliant in bolstering their defensive capabilities. This leads to increased defense spending...
Further Rate Cuts Can Help Turbocharge Gold's Rally
The Federal Reserve's recent rate cut of 25 basis points could amplify gold's current rally. Prices have already broken through the $3,700 price mark, and another record high could hinge upon how aggr...
Alongside Gold, Silver Is Benefiting From Potential Rate Cuts
The prospect of interest rate cuts this month and through the rest of the year is elevating prices for gold, but silver is also benefiting. The precious/industrial metal crossed the $40 price mark in ...
Disruptive Theme of the Week: Top YTD Themes in the Rearview Mirror
It may not be the end of the quarter yet, but we have made it through summer, and that seems like a good checkpoint to evaluate the top ETF investment themes YTD. Let's take a moment to look in this y...
Push Toward Nuclear Efficiency Creates ETF Mining Opportunities
As acceptance for nuclear energy usage becomes more widespread globally, the infrastructure in which it operates is also evolving. The United States, for example, is looking towards smaller, more effi...
Silver & Copper Could Be Critical Minerals: 3 ETFs to Ponder
In its most significant revamping since 2018, the US Geological Survey (USGS) is updating the critical minerals list to include silver and copper. The 2025 iteration has 54 mineral commodities; 50 wer...
Central Bank Buying to Buoy Gold & Silver Prices
Central banks' willingness to buy more precious metals should help buoy prices for both gold and silver. Around the globe, central banks continue to quench their thirst for both, providing investment ...
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.