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REMX
VanEck Rare Earth/Strategic Metals ETF

Fund Description

VanEck 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 09/23/21

  • 30-Day SEC Yield1

    -0.14%
  • Total Net Assets

    $1.0B
  • Number of Holdings

    20
  • Options

    Available
  • Gross Expense Ratio2

    0.63%
  • Net Expense Ratio/TER2

    0.59%
  • Distribution Frequency

    Annual

Index Key Points

Underlying Index: MVIS Global Rare Earth/Strategic Metals Index (MVREMXTR) 

The Index comprises:

A focused group of 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

Companies eligible for inclusion in Index:

  • Global companies, including A-shares issued by Shanghai-listed companies trading via Shanghai-Hong Kong Stock Connect, that generate at least 50% of their revenues from rare earth/strategic metals or have mining projects with the potential to generate at least 50% of their revenues from rare earth/strategic metals when developed
  • Market cap exceeding $150 millionDaily trading volume of at least $1 million and traded at least 250,000 shares each month over the last six months

Index provider:

MV Index Solutions 

Index Profile

  • Ticker

    MVREMXTR
  • Inception Date

    10/13/2010
  • Rebalance Frequency

    Quarterly

Index Top 10 Constituents (%) as of 08/31/21

Total Constituents: 20
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full data
Constituent Name
Ticker
Weightings (%)
China Northern Rare Earth -A
600111 C1
13.28
Zhejiang Huayou Cobalt Co -A
603799 C1
7.96
Ganfeng Lithium Co Ltd-H
1772 HK
7.81
Orocobre Ltd
ORE AU
7.50
Shenghe Resources Holdings-A
600392 C1
7.19
Xiamen Tungsten Co Ltd-A
600549 C1
5.35
Lynas Corp Ltd
LYC AU
5.10
Pilbara Minerals Ltd
PLS AU
4.65
Jinduicheng Molybdenum Co -A
601958 C1
4.53
Livent Corp
LTHM US
4.13
Top 10 Total (%) 67.50
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index Country Weightings (%) as of 08/31/21

  • Country

    Weightings (%)
  • China

    46.1
  • Australia

    25.0
  • United States

    12.1
  • Canada

    7.9
  • France

    3.8
  • Netherlands

    3.1
  • Japan

    2.1

Index Sector Weightings (%) as of 08/31/21

  • Sector

    Weightings (%)
  • Materials

    93.9
  • Information Technology

    1.9
  • OTHERS

    4.1