GMET
VanEck Green Metals ETF
GMET tracks a market-cap-weighted index of global companies involved in mining, refining, and recycling of metals and rare earth elements that are used in technologies contributing to clean energy transition.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 206.4 M
ASSETS UNDER MGMT
63 bp
EXPENSES
Fund Basics
| Inception date | Nov 09, 2021 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| GLENCORE INTERNATIONAL PLC | 9.2 % |
| FREEPORT-MCMORAN COPPER | 8.2 % |
| ANGLO AMERICAN PLC | 7.2 % |
| GRUPO MEXICO S.A.B. DE C.V. CLASS B | 6.4 % |
| TECK RESOURCES LTD-CLS B | 4.0 % |
| ANTOFAGASTA PLC | 4.0 % |
| ALBEMARLE CORP | 3.7 % |
| SOUTHERN COPPER CORP | 3.5 % |
| FIRST QUANTUM MINERALS LTD | 3.2 % |
| ANGLO PLATINUM LTD | 3.1 % |
Constituent Breakdown
| Number of holdings | 63 |
| Herfindahl-Hirschman Index | 377 |
| Wgt avg mkt cap (mns) | $32,995 |
| Large cap (>$10bn) | 71.8% |
| Mid cap ($2-10bn) | 18.9% |
| Small cap (<$2bn) | 3.0% |
| Developed mkts. | 64.4% |
| Emerging mkts. | 31.4% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 16.8 % |
 |
CANADA | 14.4 % |
 |
BRITAIN | 12.0 % |
 |
SWITZERLAND | 9.2 % |
 |
CHINA | 8.2 % |
 |
SOUTH AFRICA | 7.8 % |
 |
AUSTRALIA | 6.4 % |
 |
MEXICO | 6.4 % |
 |
JAPAN | 3.5 % |
 |
SWEDEN | 2.8 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 658.6% | 1,250.3% | 260.4% | 112.4% | -- | -- | -- | 62.2% |
| Dividend Yield | 0.0% | 25.8% | 6.8% | 4.2% | -- | -- | -- | 3.2% |
| Total Returns | 658.6% | 1,276.1% | 267.2% | 116.5% | -- | -- | -- | 65.4% | Ann. Volatility | 986.1% | 391.5% | 277.8% | 227.1% | -- | -- | -- | 190.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.24 | 0% |
| MSCI EAFE | 1.27 | 0% |
| MSCI Emg Mkts | 0.83 | 0% |
Liquidity Measures
| Avg. volume (000) | 595 |
| ADV traded (mns) | $154 |
| Turnover | 74.4% |
| Avg. Bid/Ask (% of price) | 1.03% |
Technical Indicators
| 30d moving avg. (EMA) | $209.61 |
| Relative strength (RSI) | 62 |
| MACD/Signal | 15.88/23.65 |
| Bollinger Bands (Upper/Lower) | $287.40/$202.55 |
| Short interest (% of AUM) | 0.9% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. GMET |
Expenses vs. GMET |
ALTAR Score™ vs. GMET |
|---|---|---|---|---|
| EART | Global X Rare Earth & Critical Materials ETF | 41.0% | -4 bp | +4.8% |
| COPX | Global X Copper Miners ETF | 39.3% | +2 bp | +4.6% |
| ICOP | iShares Copper and Metals Mining ETF | 37.5% | -16 bp | +6.0% |
| COPA | Themes Copper Miners ETF | 34.7% | -28 bp | +3.3% |
| SETM | Sprott Energy Transition Materials ETF | 29.1% | +2 bp | +1.6% |
| PICK | iShares MSCI Global Metals & Mining Producers ETF | 27.6% | -24 bp | +7.8% |
| BATT | Amplify Lithium & Battery Technology ETF | 24.5% | -4 bp | +1.9% |
| ION | ProShares S&P Global Core Battery Metals ETF | 21.3% | -5 bp | +4.7% |
| IYM | iShares U.S. Basic Materials ETF | 12.2% | -23 bp | +4.2% |
| AFK | VanEck Africa Index ETF | 11.7% | +35 bp | +12.6% |
Risk and Returns: GMET 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 (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| 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 3/31/2026
Peer Group Comparison Sample data. Subscribe for access.
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
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 Rating
0.3%
ALTAR SCORE™
5th
PERCENTILE
AVOID
ETFRC RATING
There are 583 funds in the Global Equity category with an average
ALTAR Score™ of 4.7% and a standard deviation
of 2.8%. GMET's ALTAR Score™ is approximately -1.6 standard
deviations above the category average. This places GMET in the 5th percentile
among funds in the category.
Sell-Side Consensus
$278.36
PRICE TARGET
+7.9%
UPSIDE
Bid/Ask Spreads
103 bp
AVG SPREAD
32 —
276 bp
RANGE