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REMX VanEck Vectors Rare Earth/Strategic Metals ETF

  • Fund Description

    VanEck Vectors Rare Earth/Strategic Metals ETF (REMX®) 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 (MVREMXTR), which is intended to track the overall performance of companies involved in producing, refining, and recycling of rare earth and strategic metals and minerals.

  •  
      

    • Fund Ticker

      REMX
    • Exchange

      NYSE Arca
    • Commencement

      10/27/2010
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVREMXTR
    • Index Rebalancing

      Quarterly
  •  
    as of 07/26/16

    • 30-Day SEC Yield1

      0.56%
    • Total Net Assets

      $40.1M
    • Number of Holdings

      21
    • Options

      Available
    • Gross Expense Ratio2

      0.82%
    • Net Expense Ratio/TER2

      0.57%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/16/2016
  • Index Key Points

    Underlying Index: MVIS Global Rare Earth/Strategic Metals Index (MVREMXTR) 

    The Index comprises:

    A focused group of 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

    Companies eligible for inclusion in Index:

    • Global companies, including A-shares issued by Shanghai-listed companies trading via Shanghai-Hong Kong Stock Connect, that generate at least 50% of their revenues from (or, in certain circumstances, at least 50% of their assets related to) rare earth/strategic metals or have mining projects with the potential to generate at least 50% of their revenues from rare earth/strategic metals when developed
    • Market cap exceeding $150 millionDaily trading volume of at least $1 million and traded at least 250,000 shares each month over the last six months

    Index provider:

    MVIS Index Solutions 

  • Index Profile

    • Ticker

      MVREMXTR
    • Inception Date

      10/13/2010
    • Rebalance Frequency

      Quarterly
  • Download All Index ConstituentsIndex Top 10 Constituents (%)  as of 06/30/16

    Total Constituents: 20
    Constituent Name
    Ticker
    Weightings (%)
    Xiamen Tungsten Co Ltd-A
    600549 C1
    8.47
    China Northern Rare Earth -A
    600111 C1
    8.00
    North Mining Shares Co Ltd
    433 HK
    7.04
    China Molybdenum Co Ltd-A
    603993 C1
    7.02
    Jinduicheng Molybdenum Co -A
    601958 C1
    6.57
    Iluka Resources Ltd
    ILU AU
    5.87
    Orocobre Ltd
    ORE AU
    5.51
    Assore Ltd
    ASR SJ
    5.06
    Cia Ferro Ligas Da Bahia -Fe
    FESA4 BZ
    4.69
    Galaxy Resources Ltd
    GXY AU
    4.56
    Top 10 Total (%)62.79
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index Country Weightings (%) as of 06/30/16

    • Country

      Weightings (%)
    • CHINA

      32.8
    • AUSTRALIA

      23.9
    • HONG KONG

      11.5
    • JAPAN

      8.6
    • SOUTH AFRICA

      5.1
    • BRAZIL

      4.7
    • UNITED STATES

      3.9
    • FRANCE

      3.9
    • CANADA

      3.5
    • MEXICO

      2.1
  • Index Sector Weightings (%) as of 06/30/16

    • Sector

      Weightings (%)
    • Materials

      96.5
    • Information Technology

      3.5