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VanEck Rare Earth and Strategic Metals ETF (REMX)

46.56 +0.25 (+0.54%)
At close: November 21 at 4:00 PM EST

ETF Summary

The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes 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. It is non-diversified.

ETF Overview

Category Equity Precious Metals
Fund Family VanEck
Net Assets 269.34M
YTD Daily Total Return -24.35%
Yield 0.00%
Legal Type Exchange Traded Fund

ETF Operations

Attributes REMX Category Average
Annual Report Expense Ratio (net) 0.56% 1.16%
Holdings Turnover 41.00% 43.02%
Total Net Assets 3,285.88 3,285.88

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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