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REMXVanEck Vectors Rare Earth/Strategic Metals ETF
Fund Description
VanEck Vectors® Rare Earth/Strategic Metals ETF (REMX®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Rare Earth/Strategic Metals Index (MVREMXTR), which is intended to track the overall performance of companies involved in producing, refining, and recycling of rare earth and strategic metals and minerals.
-
Fund Ticker
REMX -
Exchange
NYSE Arca -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Custodian
State Street Bank and Trust Company -
Index Ticker
MVREMXTR -
Index Rebalancing
Quarterly
as of 01/25/21
-
30-Day SEC Yield1
0.26% -
Total Net Assets
$508.5M -
Number of Holdings
20 -
Options
Available -
Gross Expense Ratio2
0.64% -
Net Expense Ratio/TER2
0.60% -
Distribution Frequency
Annual
What Are Rare Earth/Strategic Metals? How Are They Used?
Rare earth/strategic metals are industrial metals that are typically mined as by-products in operations focused on precious metals and base metals. Compared to base metals, they have more specialized uses and are often more difficult to extract. Currently, some 49 elements in the periodic table are considered rare earth/strategic metals, and include cerium, manganese, titanium and tungsten. Strategic metals are used in myriad technologies such as jet engines, hybrid cars, steel alloys, wind turbines, flat screen televisions and cellular phones. Rare earth metals, a subset of strategic metals, are a collection of 17 chemical elements that are essential in many of today’s most advanced technologies, with particular applications in electronics.
Key Points
- One-Trade Access to the Rare Earth/Strategic Metals Industry
A highly volatile industry that supplies key inputs to many of the world’s most advanced technologies
- Pure Play, Comprehensive Global Exposure
Companies must derive at least 50% of total revenues from the rare earth/strategic metals industry to be added to the Index and may include A-shares issued by Shanghai-listed companies trading via Shanghai-Hong Kong Stock Connect
- Industry Known for Volatility
Rapidly changing supply and demand dynamics, government defense implications, and heavy China involvement have driven significant volatility in the industry historically
Trading Information
-
Fund Ticker
REMX -
Index Total Return Ticker
MVREMXTR -
NAV
REMXNV -
Intraday NAV (IIV)4
REMXIV -
Shares Outstanding
6,174,987 -
Estimated Cash
REMXEU -
Total Cash
REMXTC -
CUSIP
92189H805 -
ISIN
US92189H8051
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
0.14% -
Gross Expense Ratio
0.64% -
Fee Waivers andExpense Reimbursement
-0.04% -
Net Expense Ratio/TER2
0.60%
Prices as of 01/25/21
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 10/27/10 |
|
---|---|---|---|---|---|---|---|---|
REMX (NAV) | 20.73 | 71.95 | 63.22 | 63.22 | -5.46 | 14.14 | -10.70 | -8.92 |
REMX (Share Price) | 20.39 | 75.97 | 64.70 | 64.70 | -5.62 | 14.71 | -10.76 | -8.86 |
MVREMXTR (Index) | 21.11 | 73.06 | 61.53 | 61.53 | -6.56 | 13.19 | -11.22 | -9.54 |
Performance Differential (NAV - Index) | -0.38 | -1.11 | 1.69 | 1.69 | 1.10 | 0.95 | 0.52 | 0.62 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 10/27/10 |
|
---|---|---|---|---|---|---|---|---|
REMX (NAV) | 20.73 | 71.95 | 63.22 | 63.22 | -5.46 | 14.14 | -10.70 | -8.92 |
REMX (Share Price) | 20.39 | 75.97 | 64.70 | 64.70 | -5.62 | 14.71 | -10.76 | -8.86 |
MVREMXTR (Index) | 21.11 | 73.06 | 61.53 | 61.53 | -6.56 | 13.19 | -11.22 | -9.54 |
Performance Differential (NAV - Index) | -0.38 | -1.11 | 1.69 | 1.69 | 1.10 | 0.95 | 0.52 | 0.62 |
Top 10 Holdings (%) as of 12/31/20 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares |
Market Value (US$) |
% of Net Assets |
|
---|---|---|---|---|---|
CHINA MOLYBDENUM CO LTD |
603993 C1
|
32,254,952
|
31,092,614 | 9.65 | |
ZHEJIANG HUAYOU COBALT CO LTD |
603799 C1
|
2,540,961
|
31,051,935 | 9.64 | |
CHINA NORTHERN RARE EARTH GROUP HIGH-TE |
600111 C1
|
10,122,510
|
20,426,752 | 6.34 | |
XIAMEN TUNGSTEN CO LTD |
600549 C1
|
7,414,549
|
19,267,953 | 5.98 | |
LYNAS RARE EARTHS LTD |
LYC AU
|
5,784,425
|
17,838,910 | 5.54 | |
GANFENG LITHIUM CO LTD |
1772 HK
|
1,480,400
|
17,727,610 | 5.50 | |
SHENGHE RESOURCES HOLDING CO LTD |
600392 C1
|
11,559,714
|
15,841,725 | 4.92 | |
LITHIUM AMERICAS CORP |
LAC US
|
1,254,078
|
15,738,679 | 4.89 | |
PILBARA MINERALS LTD |
PLS AU
|
21,865,286
|
14,781,125 | 4.59 | |
LIVENT CORP |
LTHM US
|
774,944
|
14,599,945 | 4.53 | |
Top 10 Total (%) | 61.58 |
Country Weightings (%) as of 12/31/20
-
Country
% of Net Assets -
■
China
46.14 -
■
Australia
26.08 -
■
United States
11.61 -
■
Canada
4.89 -
■
France
4.19 -
■
Netherlands
4.04 -
■
Japan
3.08 -
■
Other/Cash
-0.03
Sector Weightings (%) as of 12/31/20
-
Sector
% of Net Assets -
■
Materials
97.0 -
■
Information Technology
3.0 -
■
Other/Cash
0.0