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.