EARTGlobal X Rare Earth & Critical Materials ETF

Grow my money4y track recordRanked #1,723 of 2,960 in this goal

Seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Rare Earth and Critical Materials Index.

By Global X Funds · Launched 2022

Annual Cost

0.59%

#3,001 of 5,562 · average

Fund Size

$46M

#3,639 of 5,562 · mid-size

Return (1Y)Goal

+102.1%

Track Record

4 years

#2,594 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$20,131+101.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Sector

Materials

Focus

EV & Battery

Index tracked

Solactive Rare Earth and Critical Materials Index

What it actually holds

By weight

Concentration

Top 10 holdings = 41.9% of fundmoderately concentrated

SOUTHERN COPPER CORPORATION

4.4%

ZHEJIANG HUAYOU COBALT CO., LTD

4.4%

Boliden AB

4.4%

ALBEMARLE CORPORATION

4.3%

ANTOFAGASTA PLC

4.2%

Grupo Mexico, S.A.B. de C.V.

4.2%

RIO TINTO PLC

4.1%

EVE Energy Co., Ltd.

4.0%

VALTERRA PLATINUM LIMITED

3.9%

ANGLO AMERICAN PLC

3.9%

Asset allocation

Stocks

100.0%

Cash

0.0%

By sector

Basic Materials

89.9%

Industrials

9.5%

Technology

0.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

39.2%High

Year-on-year price swings

Max drawdown

-53.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.60Decent risk-adjusted returns

Sortino (3Y)

0.87Moderate downside risk

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Rare Earth and Critical Materials Index.
Strategy: Invests primarily in securities of the Solactive Rare Earth and Critical Materials Index and in ADRs and GDRs based on those securities. The Underlying Index targets companies producing rare earth components and critical materials essential for technologies like consumer electronics and electric vehicles. The Fund uses a replication strategy to achieve its objective, with a correlation expectation exceeding 95% to the Underlying Index.
Inception date: January 24, 2022
Fund family: Global X Funds