CRIT
Optica Rare Earths & Critical Materials ETF Optica Rare Earths & Critical Materials ETF
CRIT tracks an index of global companies that mine, refine, recycle, produce, or process rare earth and critical materials. Holdings are selected and weighted by market-cap.
Fund Basics
Fund sponsor | Exchange Traded Concepts |
Category | Global Equities |
Asset class | Equity |
Website | link... |
Inception date | Mar 28, 2022 |
Assets (mns) | $2 |
Expense ratio | 85 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Annually |
Taxation | 1099 |
Stock selection | Market Cap |
Weighting | Market Cap |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
BHP BILLITON LTD-SPON ADR | 11.4 % |
SOUTHERN COPPER CORP | 10.8 % |
FREEPORT-MCMORAN COPPER | 10.1 % |
GLENCORE INTERNATIONAL PLC | 9.3 % |
TECK RESOURCES LTD-CLS B | 3.9 % |
CAMECO CORP | 3.5 % |
CHINA MOLYBDENUM CO LTD-H | 3.5 % |
ALBEMARLE CORP | 3.2 % |
ALUMINUM CORP OF CHINA LTD-H | 3.0 % |
SOC QUIMICA Y MINERA CHILE-B | 2.8 % |
Constituent Breakdown
Number of holdings | 61 |
Herfindahl-Hirschman Index | 547 |
Wgt avg mkt cap (mns) | $40,258 |
Large cap (>$10bn) | 63.7% |
Mid cap ($2-10bn) | 24.5% |
Small cap (<$2bn) | 10.3% |
Developed mkts. | 83.0% |
Emerging mkts. | 17.0% |
Country Exposure
UNITED STATES | 29.3 % | |
AUSTRALIA | 22.0 % | |
CANADA | 12.3 % | |
SWITZERLAND | 9.3 % | |
CHINA | 8.3 % | |
SOUTH AFRICA | 5.2 % | |
CHILE | 2.8 % | |
JAPAN | 1.9 % | |
NETHERLANDS | 1.3 % | |
HONG KONG | 0.9 % |
Historical Performance
Standardized Annual Returns (as of 02/29/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
---|---|---|---|---|---|---|
0.0% | -5.6% | -- | -- | -- | -- | -11.7% |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.27 | 60% |
MSCI EAFE | 1.41 | 74% |
MSCI Emg Mkts | 1.30 | 69% |
Liquidity Measures
Avg. volume (000) | 1 |
Turnover | 0.9% |
Avg. Bid/Ask (% of price) | 0.81% |
ADV of underlying (mns) | $2,078 |
Technical Indicators
Recent close | $18.66 |
30d moving avg. | $17.28 |
Annualized volatility | 33.1% |
Relative strength (RSI) | 60 |
Short interest (ETF) | 0.2% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. CRIT |
Expenses vs. CRIT |
ALTAR Score™ vs. CRIT |
---|---|---|---|---|
GMET | VanEck Green Metals ETF | 33.7% | -22 bp | +1.9% |
DMAT | Global X Disruptive Materials ETF | 27.2% | -26 bp | +2.0% |
BATT | Amplify Lithium & Battery Technology ETF | 25.3% | -26 bp | -5.6% |
COPX | Global X Copper Miners ETF | 22.4% | -20 bp | -0.7% |
ION | ProShares S&P Global Core Battery Metals ETF | 22.0% | -27 bp | -8.3% |
SETM | Sprott Energy Transition Materials ETF | 20.5% | -20 bp | -2.5% |
PICK | iShares MSCI Global Metals & Mining Producers ETF | 20.4% | -46 bp | +2.8% |
NANR | SPDR S&P North American Natural Resources ETF | 12.8% | -50 bp | -1.4% |
KARS | KraneShares Electric Vehicles & Future Mobility Index ETF | 11.3% | -13 bp | -6.3% |
IYM | iShares U.S. Basic Materials ETF | 11.1% | -45 bp | -2.0% |
Risk and Returns: CRIT vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 3/28/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
CRIT
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
CRIT
8.3%
Cat. Avg
3.6%
Fund Category: Global Equities
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 8.3% |
Recommendation
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
Category Overview
There are 340 funds in the Global Equities category, with an average ALTAR Score™
of 3.6% and a standard deviation of
4.7%. CRIT's ALTAR Score™ is approximately
1.0 standard deviations
above
the category average. This places CRIT in the 84th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
CRIT
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
Latest price | |
Change | |
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Today's Trading
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Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
CRIT | 85.0 | 80.5 | 165.5 |
Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .