VanEck Rare Earth/Strategic Metals ETF
Ticker
REMX
ISIN
US92189H805
Price
USD 56.85
Change Today
+2.10 / 3.836 %
Price 1 year ago
85.94 / -33.849 %
Morningstar
4
52 Week Low
44.23
52 Week High
88.36
200 Day Moving Average 58.18
58.18
50-day Moving Average
52.22
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | -1.65 |
| Sortino Ratio | -2.46 |
| Maximum Drawdown | -39.12% |
| Maximum Drawdown Date | 2023-12-05 |
| Calmar Ratio | 1.55 |
1 year
| Parameter | Value |
|---|---|
| Return | -11.31 |
| Volatility | 23.523% |
| Alpha | +16.29 |
| Beta | None |
| R Squared | +64.46 |
History
| Parameter | Value |
|---|---|
| Average Annual Return | -2.344% |
| Average Annual Volatility | 33.329% |
| Sharpe Ratio | -0.07 |
| Sortino Ratio | -0.22 |
| Maximum Drawdown | -91.0% |
| Maximum Drawdown Date | 2020-03-16 |
| Calmar Ratio | 0.04 |
Company information
Summary
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Rare Earth/Strategic Metals Index. 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.
Market
US
Category
Equity Precious Metals
Expense Ratio
0.53%
Fund family
VanEck
Morningstar
4
Yield
0.070700005
Exchange
PCX
| Sector | Weight |
|---|---|
| Basic materials | 99.87% |
| Realestate | 0.00% |
| Consumer cyclical | 0.00% |
| Consumer defensive | 0.00% |
| Technology | 0.00% |
| Communication services | 0.00% |
| Financial services | 0.00% |
| Utilities | 0.00% |
| Industrials | 0.00% |
| Energy | 0.00% |
| Healthcare | 0.00% |
| Country | Ratio |
|---|---|
| Australia | 42.15 |
| China | 28.99 |
| United States | 13.31 |
| Canada | 5.32 |
| Brazil | 4.56 |
| Netherlands | 3.05 |
| France | 2.62 |
| Argentina | 0.00 |
| Austria | 0.00 |
| Belgium | 0.00 |
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| 603799 | Zhejiang Huayou Cobalt Co Ltd | 9.07% |
| 600111 | China Northern Rare Earth (Group) High-Tech Co Ltd | 7.42% |
| 600392 | Shenghe Resources Holding Co Ltd | 6.64% |
| LYC.AX | Lynas Rare Earths Ltd | 6.4% |
| 01772 | Ganfeng Lithium Co Ltd | 6.2% |
| 600549 | Xiamen Tungsten Co Ltd | 5.3% |
| ILU.AX | Iluka Resources Ltd | 4.92% |
| MP | MP Materials Corp Ordinary Shares - Class A | 4.78% |
| TROX | Tronox Holdings PLC | 4.63% |
| 601958 | Jinduicheng Molybdenum Co Ltd | 4.49% |
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| FGPMX | Franklin Gold and Precious Metals Fund Class R6 | LU049636741 | NAS | 4 | |||
| PICK | iShares MSCI Global Metals & Mining Producers ETF | US46434G8481 | BTS | 0.39% | 5 | +31.51 | |
| REMX | VanEck Rare Earth/Strategic Metals ETF | US92189H805 | PCX | 0.53% | 4 | +16.29 | |
| RYMNX | Rydex Precious Metals Fund Class A | US169409109 | NAS | 1.63% | 4 | ||
| RYMPX | Rydex Precious Metals Fund Class H | US169409109 | NAS | 4 | |||
| RYPMX | Rydex Precious Metals Fund Class Investor | US783554207 | NAS | 4 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.