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ETFs

VanEck Rare Earth/Strategic Metals ETF

REMX
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Oct 27 2010
Expense Ratio
0.53%
Type
Global Equities
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$12,795,030
AUM
$564,639,530
Associated Index
MVIS Global Rare Earth/Strategic Metals Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

603799
ZHEJIANG HUAYOU COBALT CO -A
8.64%
600111
CHINA NORTHERN RARE EARTH -A
8.58%
PLS
Pilbara Minerals Limited
6.35%
AKE
Allkem Ltd
5.81%
LYC
Lynas Rare Earths Limited
5.59%
MP
MP Materials Corporation
4.91%
600549
XIAMEN TUNGSTEN CO LTD-A
4.81%
600392
SHENGHE RESOURCES HOLDINGS-A
4.81%
LTHM
Livent Corp
4.68%
SGML
Sigma Lithium Corporation
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, MXI, PICK

REMX
VanEck ETF Trust - VanEck Rare Earth/Strategic Metals ETF
LIT
Global X Funds - Global X Lithium & Battery Tech ETF
MXI
BlackRock Institutional Trust Company N.A. - iShares Global Materials ETF
PICK
BlackRock Institutional Trust Company N.A. - iShares MSCI Global Metals & Mining Producers ETF
COPX
Global X Funds - Global X Copper Miners ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
VSS
Vanguard Group, Inc. - Vanguard FTSE All-World Ex-US Small Capital Index Fund ETF
FRDM
EA Series Trust - Alpha Architect Freedom 100 Emerging Markets ETF
GWX
SSgA Active Trust - SPDR S&P International Small Cap ETF
DRIV
Global X Funds - Global X Autonomous & Electric Vehicles ETF
TTAI
TrimTabs ETF Trust - FCF International Quality 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.

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 -0.1176%. This is the percent change in the value of REMX over the most recent 1-month period. The 3-month return on REMX is -0.0608%. 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 0.4317%. 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 IXN, IXC, and GDXJ.

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

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

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.