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REMX
VanEck 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

  • Commencement

    10/27/2010

  • ETF Structure

    Physical

  • Administrator

    Van Eck Associates

  • Custodian

    State Street Bank and Trust Company

  • Index Ticker

    MVREMXTR

  • Index Rebalancing

    Quarterly

 
as of 02/21/20

  • 30-Day SEC Yield1

    3.15%

  • Total Net Assets

    $177.4M

  • Number of Holdings

    20

  • Options

    Available

  • Gross Expense Ratio2

    0.63%

  • Net Expense Ratio/TER2

    0.59%

  • Distribution Frequency

    Annual

  • Next Distribution Date

    12/18/2020

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
    An industry that supplies key inputs to many common industrial and commercial goods

  • Pure Play with Global Scope
    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

  • Convenient Customization 
    Customize overall commodity exposure with targeted allocation to rare earth/strategic metals companies

Trading Information

  • Fund Ticker

    REMX

  • Index Total Return Ticker

    MVREMXTR

  • NAV

    REMXNV

  • Intraday NAV (IIV)4

    REMXIV

  • Shares Outstanding

    13,624,962

  • Estimated Cash

    REMXEU

  • Total Cash

    REMXTC

  • CUSIP

    92189F742

  • ISIN

    US92189F7428
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%

  • Other Expenses

    0.13%

  • Gross Expense Ratio

    0.63%

  • Fee Waivers and
    Expense Reimbursement

    -0.04%

  • Net Expense Ratio/TER2

    0.59%
2Expenses for REMX are capped contractually at 0.57% until May 1, 2020. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Prices as of 02/21/20

NAV/
Last Price 		Volume
30-Day Avg./
Last Trading Day 		Daily Change
NAV/
Last Price 		YTD Change
NAV/
Last Price 		Premium/
Discount 		Prem/Discount
Distribution Charts 		NAV &
Prem/Discount
History 		NAV
Chart
REMX $13.02
$12.88		 195,233
99,884		 -$0.11 / -0.84%
$-0.10 / -0.77%		 -3.32%
-4.10%
 $-0.14
-1.08%

Premium/Discount History as of 02/20/20

Calendar Year 2018 1Q 2019 2Q 2019 3Q 2019 4Q 2019 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 60 50 27 10 23
REMX Days closed at NAV 5 3 1 0 5
Days closed at a discount 186 8 35 54 36

Performance History: Average Annual Total Returns* (%)
View All ETFs View All Indices

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/27/10
REMX (NAV) -5.05 3.98 -5.05 -10.95 -7.02 -7.56 -- -14.88
REMX (Share Price) -8.04 1.10 -8.04 -14.12 -8.56 -8.10 -- -15.20
MVREMXTR (Index) -3.72 5.41 -3.72 -9.86 -7.46 -7.99 -- -15.30
Performance Differential (NAV - Index) -1.33 -1.43 -1.33 -1.09 0.44 0.43 -- 0.42
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/27/10
REMX (NAV) 8.75 7.85 0.91 0.91 -2.07 -7.77 -- -14.52
REMX (Share Price) 8.28 8.03 0.62 0.62 -2.39 -7.62 -- -14.55
MVREMXTR (Index) 8.86 7.80 -0.75 -0.75 -3.16 -8.46 -- -15.08
Performance Differential (NAV - Index) -0.11 0.05 1.66 1.66 1.09 0.69 -- 0.56

*Returns less than one year are not annualized.

The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

The "Net Asset Value" (NAV) of a VanEck Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. VanEck Vectors ETF investors should not expect to buy or sell shares at NAV.

Top 10 Holdings (%) as of 01/31/20 Daily Holdings

Total Holdings: 20
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$) 		% of Net
Assets
ZHEJIANG HUAYOU COBALT CO LTD
603799 CH
2,932,601
19,107,237 10.36
CHINA MOLYBDENUM CO LTD
603993 CH
26,972,980
15,218,715 8.25
CHINA NORTHERN RARE EARTH GROUP HIGH-TE
600111 CH
9,907,824
14,427,237 7.82
ILUKA RESOURCES LTD
ILU AU
1,775,953
11,360,016 6.16
SHENGHE RESOURCES HOLDING CO LTD
600392 CH
8,977,461
10,442,544 5.66
XIAMEN TUNGSTEN CO LTD
600549 CH
5,653,000
9,924,616 5.38
OROCOBRE LTD
ORE AU
4,598,533
9,428,553 5.11
JINDUICHENG MOLYBDENUM CO LTD
601958 CH
8,556,070
8,885,257 4.82
LIVENT CORP
LTHM US
930,692
8,757,812 4.75
PILBARA MINERALS LTD
PLS AU
42,686,700
8,227,432 4.46
Top 10 Total (%) 62.77
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 01/31/20

  • Country

    % of Net Assets
  • ■

    China

    42.29
  • ■

    Australia

    27.80
  • ■

    United States

    8.08
  • ■

    Japan

    6.94
  • ■

    Netherlands

    4.38
  • ■

    France

    3.91
  • ■

    South Africa

    3.86
  • ■

    Canada

    2.65
  • ■

    Other/Cash

    0.10

Sector Weightings (%) as of 01/31/20

  • Sector

    % of Net Assets
  • ■

    Materials

    99.9
  • ■

    Other/Cash

    0.1