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VanEck Rare Earth/Strategic Metals ETF

REMX
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Oct 27 2010
Expense Ratio
0.54%
Type
Global Equities
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$5,189,900
AUM
$502,597,370
Associated Index
MVIS Global Rare Earth/Strategic Metals Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

600111
China Northern Rare Earth (Group) High-Tech Co.Ltd - Ordinary Shares - Class A
8.03%
PLS
Pilbara Minerals Limited
7.56%
SQM
Sociedad Quimica Y Minera de Chile S.A. - ADR
6.63%
LTR
Liontown Resources Ltd
6.24%
LYC
Lynas Rare Earths Limited
5.91%
AKE
Allkem Ltd
5.78%
SGML
Sigma Lithium Corporation
4.93%
MP
MP Materials Corporation
4.72%
600549
Xiamen Tungsten - Ordinary Shares - Class A
4.56%
LAC
Lithium Americas Corp
4.52%
Invest with REMX

What is REMX?

Rare Earth/Strategic Metals ETF seeks to replicate as closely as possible before fees and expenses the price and yield performance of the Market Rare Earth/Strategic Metals Index a rules based modified capitalization weighted float adjusted index intended to give investors a means of tracking the overall performance of publicly traded companies primarily engaged in a variety of activities that are related to the mining refining and manufacturing of rare earth/strategic metals.

ETFs related toREMX

ETFs correlated to REMX include LIT, PICK, DFAX

REMX
VanEck ETF Trust - VanEck Rare Earth/Strategic Metals ETF
LIT
Global X Funds - Global X Lithium & Battery Tech ETF
PICK
BlackRock Institutional Trust Company N.A. - iShares MSCI Global Metals & Mining Producers ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
GNR
SSgA Active Trust - SPDR S&P Global Natural Resources ETF
DRIV
Global X Funds - Global X Autonomous & Electric Vehicles ETF
EWA
BlackRock Institutional Trust Company N.A. - iShares MSCI Australia ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
VSS
Vanguard Group, Inc. - Vanguard FTSE All-World Ex-US Small Capital Index Fund ETF
ICOW
Pacer Funds Trust - Pacer Developed Markets International Cash Cows 100 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toREMX

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

Create your own algorithmic trading strategy with REMX using Composer

FAQ

REMX is a Global Equities ETF. Rare Earth/Strategic Metals ETF seeks to replicate as closely as possible before fees and expenses the price and yield performance of the Market Rare Earth/Strategic Metals Index a rules based modified capitalization weighted float adjusted index intended to give investors a means of tracking the overall performance of publicly traded companies primarily engaged in a variety of activities that are related to the mining refining and manufacturing of rare earth/strategic metals.

REMX tracks the MVIS Global Rare Earth/Strategic Metals Index.

No, REMX is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, REMX is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on REMX is -0.0653%. This is the percent change in the value of REMX over the most recent 1-month period. The 3-month return on REMX is -0.1853%. This is the percent change in the value of REMX over the most recent 3-month period.

The standard deviation of REMX for the past year is 0.3445%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to REMX include IXJ, SMH, and URA.

ETFs correlated to REMX include LIT, PICK, and DFAX.

ETFs that are inversely correlated to REMX include EDZ, EFZ, and EPV.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.