SETM
Sprott Energy Transition Materials ETF
SETM supports the global move to cleaner energy by tracking an index of US and foreign companies related to energy transition materials. Securities are selected based on revenue and weighted by market-cap.
US
EQUITY
Passive
MANAGEMENT STYLE
$ 640.1 M
ASSETS UNDER MGMT
65 bp
EXPENSES
Fund Basics
| Inception date | Jan 02, 2023 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| PILBARA MINERALS LIMITED | 5.9 % |
| FREEPORT-MCMORAN COPPER | 5.3 % |
| ALBEMARLE CORP | 5.0 % |
| LYNAS CORPORATION LIMITED | 4.9 % |
| NATIONAL ATOMIC COMPANY KAZATOMPROM JSC | 4.6 % |
| CAMECO CORP | 4.4 % |
| FIRST MAJESTIC SILVER CORP | 3.6 % |
| MP MATERIALS CORP CLASS A | 3.6 % |
| URANIUM ENERGY CORP | 3.3 % |
| TECK RESOURCES LTD-CLS B | 3.0 % |
Constituent Breakdown
| Number of holdings | 94 |
| Herfindahl-Hirschman Index | 276 |
| Wgt avg mkt cap (mns) | $14,988 |
| Large cap (>$10bn) | 30.7% |
| Mid cap ($2-10bn) | 42.0% |
| Small cap (<$2bn) | 15.7% |
| Developed mkts. | 81.7% |
| Emerging mkts. | 10.5% |
Sector Breakdown
Country Exposure
 |
CANADA | 29.8 % |
 |
AUSTRALIA | 25.4 % |
 |
UNITED STATES | 21.1 % |
 |
KAZAKHSTAN | 4.6 % |
 |
BRITAIN | 2.9 % |
 |
HONG KONG | 2.1 % |
 |
CHINA | 1.6 % |
 |
POLAND | 1.5 % |
 |
INDONESIA | 1.0 % |
 |
PERU | 1.0 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 28.3% | 162.5% | 43.1% | 29.8% | -- | -- | -- | 20.3% |
| Dividend Yield | 0.0% | 4.3% | 2.5% | 2.7% | -- | -- | -- | 2.3% |
| Total Returns | 28.3% | 166.8% | 45.6% | 32.4% | -- | -- | -- | 22.6% | Ann. Volatility | 53.5% | 43.1% | 40.7% | 36.7% | -- | -- | -- | 36.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.57 | 20% |
| MSCI EAFE | 1.52 | 26% |
| MSCI Emg Mkts | 1.41 | 37% |
Liquidity Measures
| Avg. volume (000) | 290 |
| ADV traded (mns) | $10 |
| Turnover | 1.6% |
| Avg. Bid/Ask (% of price) | 0.30% |
Technical Indicators
| 30d moving avg. (EMA) | $36.68 |
| Relative strength (RSI) | 49 |
| MACD/Signal | 0.52/0.71 |
| Bollinger Bands (Upper/Lower) | $39.59/$34.95 |
| Short interest (% of AUM) | 0.8% |
Distributions
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. SETM |
Expenses vs. SETM |
ALTAR Score™ vs. SETM |
|---|---|---|---|---|
| GMET | VanEck Green Metals ETF | 31.6% | -2 bp | -1.2% |
| REMX | VanEck Rare Earth/Strategic Metals ETF | 26.6% | -11 bp | +0.4% |
| EART | Global X Rare Earth & Critical Materials ETF | 25.7% | -6 bp | +2.9% |
| LITP | Sprott Lithium Miners ETF | 20.3% | 0 bp | -1.1% |
| ION | ProShares S&P Global Core Battery Metals ETF | 20.0% | -7 bp | +3.0% |
| BATT | Amplify Lithium & Battery Technology ETF | 18.2% | -6 bp | +0.3% |
| ICOP | iShares Copper and Metals Mining ETF | 18.2% | -18 bp | +3.7% |
| COPX | Global X Copper Miners ETF | 18.0% | 0 bp | +2.5% |
| COPA | Themes Copper Miners ETF | 17.8% | -30 bp | +1.3% |
| LIMI | Themes Lithium & Battery Metal Miners ETF | 17.6% | -30 bp | +0.5% |
Risk and Returns: SETM 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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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 5/25/2026
Peer Group Comparison
Sample data. Subscribe for access.
Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
1.6%
ALTAR SCORE™
3rd
PERCENTILE
AVOID
ETFRC RATING
There are 1,349 funds in the US Equity category with an average
ALTAR Score™ of 5.4% and a standard deviation
of 2.0%. SETM's ALTAR Score™ is approximately -1.9 standard
deviations above the category average. This places SETM in the 3rd percentile
among funds in the category.
Sell-Side Consensus
$38.57
PRICE TARGET
+10.1%
UPSIDE