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About VANECK RARE EARTH AND STRATEGIC METALS ETF
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Inception date
Oct 27, 2010
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
REMX targets an obscure part of the mining marketrare earths metalswhich means it only covers a very thin slice of our global mining benchmark. The fund invests in the largest and most liquid companies that generate at least 50% of their revenues from the global rare earth and strategic metals segment, and has significant exposure to small- and micro-caps and emerging-market issuersthe firms you typically find producing cerium, manganese, titanium, and tungsten. REMX's narrow portfolio holds just a handful of names, selected and weighted by market cap, with a cap of 8% per issuer to ensure diversification. The index is rebalanced quarterly. Prior to May 6, 2024, the '/' in the fund name has been replaced with 'and'.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Non-Energy Minerals
Process Industries
Stocks99.64%
Non-Energy Minerals62.35%
Process Industries33.06%
Producer Manufacturing4.23%
Bonds, Cash & Other0.36%
Cash0.36%
Stock breakdown by region
Asia31.78%
Oceania25.69%
North America20.90%
Europe12.03%
Latin America9.60%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
REMX invests in stocks. The fund's major sectors are Non-Energy Minerals, with 62.35% stocks, and Process Industries, with 33.06% of the basket. The assets are mostly located in the Asia region.
REMX top holdings are China Northern Rare Earth (Group) High-Tech Co., Ltd. Class A and Sociedad Quimica y Minera de Chile S.A. Sponsored ADR Pfd Series B, occupying 7.76% and 7.04% of the portfolio correspondingly.
REMX last dividends amounted to 20.12 MXN. The year before, the issuer paid 23.51 MXN in dividends, which shows a 16.82% decrease.
Yes, REMX pays dividends to its holders with the dividend yield of 2.70%. The last dividend (Dec 24, 2024) amounted to 20.12 MXN. The dividends are paid annually.
REMX shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Oct 27, 2010, and its management style is Passive.
REMX expense ratio is 0.58% meaning you'd have to pay 0.58% of your investment to help manage the fund.
REMX follows the MVIS Global Rare Earth/Strategic Metals. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
REMX invests in stocks.
REMX price has risen by 3.57% over the last month, and its yearly performance shows a −8.44% decrease. See more dynamics on REMX price chart.
NAV returns, another gauge of an ETF dynamics, showed a −11.11% decrease in three-month performance and has decreased by −15.35% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −11.11% decrease in three-month performance and has decreased by −15.35% in a year.
REMX trades at a premium (1.17%) meaning the ETF is trading at a higher price than the calculated NAV.