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VanEck Rare Earth and Strategic Metals ETF (REMX)

47.57 -3.19 (-6.28%)
As of 11:25 AM EDT. Market Open.
Loading Chart for REMX
DELL
  • Previous Close 50.76
  • Open 48.04
  • Bid 47.52 x 1100
  • Ask 47.70 x 1300
  • Day's Range 47.00 - 48.04
  • 52 Week Range 36.01 - 64.99
  • Volume 115,233
  • Avg. Volume 111,292
  • Net Assets 265.93M
  • NAV 49.26
  • PE Ratio (TTM) 5.32
  • Yield 0.00%
  • YTD Daily Total Return -17.53%
  • Beta (5Y Monthly) 1.36
  • Expense Ratio (net) 0.56%

The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes companies primarily engaged in a variety of activities that are related to the producing, refining and recycling of rare earth and strategic metals and minerals. It is non-diversified.

VanEck

Fund Family

Equity Precious Metals

Fund Category

265.93M

Net Assets

2010-10-27

Inception Date

Performance Overview: REMX

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Trailing returns as of 10/7/2024. Category is Equity Precious Metals.

YTD Return

REMX
17.53%
Category
26.12%
 

1-Year Return

REMX
18.99%
Category
44.09%
 

3-Year Return

REMX
19.51%
Category
6.53%
 

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Holdings: REMX

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Top 10 Holdings (57.88% of Total Assets)

SymbolCompany% Assets
SQM
Sociedad Química y Minera de Chile S.A. 7.22%
PLS.AX
Pilbara Minerals Limited 7.22%
ALB
Albemarle Corporation 7.16%
600111.SS
China Northern Rare Earth (Group) High-Tech Co.,Ltd 6.21%
LYC.AX
Lynas Rare Earths Limited 5.94%
MP
MP Materials Corp. 5.55%
ALTM
Arcadium Lithium plc 5.05%
ILU.AX
Iluka Resources Limited 4.78%
601958.SS
Jinduicheng Molybdenum Co., Ltd. 4.40%
ERA.PA
ERAMET S.A. 4.35%

Sector Weightings

SectorREMX
Basic Materials   100.00%
Real Estate   0.00%
Technology   0.00%
Utilities   0.00%
Industrials   0.00%
Energy   0.00%
Healthcare   0.00%

Related ETF News

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Research Reports: REMX

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  • Daily – Vickers Top Buyers & Sellers for 10/04/2024

    The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

     
  • Raising target price to $54.00

    CAMECO CORP has an Investment Rating of BUY; a target price of $54.000000; an Industry Subrating of Medium; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Albemarle Earnings: Plummeting Prices Pause Expansion Plans

    Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.

    Rating
    Price Target
     
  • Lithium Americas: Shares Rally on US Department of Energy Loan Conditional Commitment

    Lithium Americas is a pure-play lithium producer. The firm owns one resource, Thacker Pass, that is located in northwest Nevada. Thacker Pass recently began construction and is expected to begin production in the mid-2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.

    Rating
    Price Target
     

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