Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
COPP Sprott Copper Miners ETF | Energy Equities | 9.09% |
COPX Global X Copper Miners ETF | Materials | 9.09% |
GBUG Sprott Active Gold & Silver Miners ETF | Precious Metals | 9.09% |
LITP Sprott Lithium Miners ETF | Energy Equities | 9.09% |
METL Sprott Active Metals & Miners ETF | Commodity Producers Equities | 9.09% |
NIKL Sprott Nickel Miners ETF | Energy Equities | 9.09% |
SETM Sprott Energy Transition Materials ETF | Energy Equities | 9.09% |
SGDJ Sprott Junior Gold Miners ETF | Materials | 9.09% |
SGDM Sprott Gold Miners ETF | Materials | 9.09% |
URNJ Sprott Junior Uranium Miners ETF | Energy Equities | 9.09% |
URNM NorthShore Global Uranium Mining ETF | Commodity Producers Equities | 9.09% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Metals ETFs, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.
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The earliest data available for this chart is Sep 10, 2025, corresponding to the inception date of METL
Returns By Period
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 2.51% | -0.19% | -0.92% | 0.43% | 36.13% | 18.22% | 10.44% | 12.72% |
Portfolio Metals ETFs | 5.05% | -1.32% | 14.31% | 24.61% | — | — | — | — |
| Portfolio components: | ||||||||
COPX Global X Copper Miners ETF | 6.89% | -0.26% | 14.26% | 30.91% | 170.22% | 31.53% | 19.74% | 22.43% |
COPP Sprott Copper Miners ETF | 7.44% | 2.34% | 11.63% | 30.04% | 155.24% | — | — | — |
SETM Sprott Energy Transition Materials ETF | 5.30% | 2.21% | 21.45% | 30.77% | 206.52% | 31.11% | — | — |
URNM NorthShore Global Uranium Mining ETF | 4.94% | -2.94% | 17.94% | 9.53% | 137.77% | 34.17% | 19.89% | — |
URNJ Sprott Junior Uranium Miners ETF | 5.37% | -4.97% | 18.41% | 5.51% | 168.28% | 33.29% | — | — |
LITP Sprott Lithium Miners ETF | 4.84% | 10.69% | 16.85% | 48.48% | 222.57% | 1.51% | — | — |
NIKL Sprott Nickel Miners ETF | 5.40% | -1.90% | 5.34% | 6.11% | 130.50% | -0.29% | — | — |
GBUG Sprott Active Gold & Silver Miners ETF | 2.94% | -5.58% | 11.00% | 23.78% | 151.66% | — | — | — |
SGDM Sprott Gold Miners ETF | 3.07% | -4.89% | 16.36% | 27.95% | 134.66% | 40.92% | 24.51% | 15.93% |
SGDJ Sprott Junior Gold Miners ETF | 4.06% | -7.74% | 10.04% | 28.42% | 167.73% | 47.26% | 20.88% | 14.60% |
Monthly Returns
Based on dividend-adjusted daily data since Sep 11, 2025, Metals ETFs's average daily return is +0.33%, while the average monthly return is +5.84%. At this rate, your investment would double in approximately 1.0 years.
Historically, 88% of months were positive and 13% were negative. The best month was Jan 2026 with a return of +17.6%, while the worst month was Mar 2026 at -17.6%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 1 months.
On a daily basis, Metals ETFs closed higher 60% of trading days. The best single day was Mar 31, 2026 with a return of +7.2%, while the worst single day was Jan 30, 2026 at -10.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 17.63% | 11.40% | -17.57% | 5.83% | 14.31% | ||||||||
| 2025 | 13.58% | 2.94% | 4.65% | 8.25% | 32.45% |
Benchmark Metrics
Metals ETFs has an annualized alpha of 98.22%, beta of 1.95, and R² of 0.32 versus S&P 500 Index. Calculated based on daily prices since September 11, 2025.
- This portfolio captured 649.28% of S&P 500 Index gains but only 10.84% of its losses — a favorable profile for investors.
- R² of 0.32 means the benchmark explains less than half of this portfolio's behavior — treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 98.22%
- Beta
- 1.95
- R²
- 0.32
- Upside Capture
- 649.28%
- Downside Capture
- 10.84%
Expense Ratio
Metals ETFs has an expense ratio of 0.71%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Top 10 holdings
Return for Risk
Return / Risk — by metrics
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|---|
COPX Global X Copper Miners ETF | 92 | 4.24 | 4.21 | 1.58 | 5.69 | 22.12 |
COPP Sprott Copper Miners ETF | 88 | 3.66 | 3.90 | 1.52 | 5.04 | 20.03 |
SETM Sprott Energy Transition Materials ETF | 93 | 4.68 | 4.28 | 1.60 | 7.45 | 25.05 |
URNM NorthShore Global Uranium Mining ETF | 71 | 2.73 | 3.19 | 1.39 | 4.18 | 11.21 |
URNJ Sprott Junior Uranium Miners ETF | 68 | 2.71 | 3.09 | 1.37 | 4.54 | 10.86 |
LITP Sprott Lithium Miners ETF | 86 | 3.92 | 3.80 | 1.47 | 6.40 | 19.96 |
NIKL Sprott Nickel Miners ETF | 72 | 3.26 | 3.67 | 1.46 | 3.77 | 11.53 |
GBUG Sprott Active Gold & Silver Miners ETF | 77 | 3.20 | 3.11 | 1.46 | 4.69 | 16.32 |
SGDM Sprott Gold Miners ETF | 77 | 3.02 | 2.99 | 1.45 | 4.49 | 15.76 |
SGDJ Sprott Junior Gold Miners ETF | 81 | 3.40 | 3.21 | 1.46 | 4.95 | 17.14 |
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Dividends
Dividend yield
Metals ETFs provided a 3.05% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 3.05% | 3.48% | 2.87% | 3.71% | 0.64% | 1.06% | 0.56% | 0.21% | 0.28% | 0.21% | 0.22% | 0.32% |
| Portfolio components: | ||||||||||||
COPX Global X Copper Miners ETF | 2.34% | 2.68% | 1.80% | 2.39% | 3.14% | 1.48% | 1.30% | 1.37% | 2.59% | 1.57% | 0.60% | 1.20% |
COPP Sprott Copper Miners ETF | 2.12% | 2.37% | 2.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SETM Sprott Energy Transition Materials ETF | 1.29% | 1.56% | 2.07% | 2.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
URNM NorthShore Global Uranium Mining ETF | 2.69% | 3.18% | 3.18% | 3.63% | 0.00% | 6.70% | 2.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
URNJ Sprott Junior Uranium Miners ETF | 5.56% | 6.58% | 4.33% | 4.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LITP Sprott Lithium Miners ETF | 6.34% | 7.41% | 6.55% | 2.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NIKL Sprott Nickel Miners ETF | 2.40% | 2.53% | 3.49% | 19.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GBUG Sprott Active Gold & Silver Miners ETF | 1.40% | 1.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SGDM Sprott Gold Miners ETF | 0.90% | 1.04% | 1.04% | 1.39% | 1.42% | 1.33% | 0.30% | 0.25% | 0.50% | 0.58% | 0.02% | 1.47% |
SGDJ Sprott Junior Gold Miners ETF | 7.61% | 8.37% | 6.55% | 4.55% | 2.46% | 2.20% | 1.97% | 0.65% | 0.00% | 0.14% | 1.77% | 0.85% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Metals ETFs. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Metals ETFs was 28.24%, occurring on Mar 20, 2026. The portfolio has not yet recovered.
The current Metals ETFs drawdown is 14.88%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -28.24% | Jan 29, 2026 | 36 | Mar 20, 2026 | — | — | — |
| -14.61% | Oct 16, 2025 | 14 | Nov 4, 2025 | 26 | Dec 11, 2025 | 40 |
| -4.33% | Dec 29, 2025 | 3 | Dec 31, 2025 | 2 | Jan 5, 2026 | 5 |
| -3.99% | Dec 12, 2025 | 3 | Dec 16, 2025 | 3 | Dec 19, 2025 | 6 |
| -3.79% | Oct 9, 2025 | 2 | Oct 10, 2025 | 1 | Oct 13, 2025 | 3 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 11 assets, with an effective number of assets of 11.00, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.
Asset Correlations Table
| Benchmark | LITP | URNM | URNJ | NIKL | SGDM | SGDJ | COPX | GBUG | COPP | SETM | METL | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.41 | 0.45 | 0.44 | 0.53 | 0.42 | 0.43 | 0.63 | 0.44 | 0.66 | 0.57 | 0.58 | 0.58 |
| LITP | 0.41 | 1.00 | 0.49 | 0.50 | 0.59 | 0.47 | 0.49 | 0.56 | 0.49 | 0.55 | 0.76 | 0.64 | 0.71 |
| URNM | 0.45 | 0.49 | 1.00 | 0.97 | 0.51 | 0.52 | 0.53 | 0.52 | 0.52 | 0.55 | 0.79 | 0.75 | 0.79 |
| URNJ | 0.44 | 0.50 | 0.97 | 1.00 | 0.52 | 0.53 | 0.56 | 0.51 | 0.54 | 0.54 | 0.79 | 0.75 | 0.80 |
| NIKL | 0.53 | 0.59 | 0.51 | 0.52 | 1.00 | 0.64 | 0.64 | 0.76 | 0.67 | 0.78 | 0.74 | 0.75 | 0.79 |
| SGDM | 0.42 | 0.47 | 0.52 | 0.53 | 0.64 | 1.00 | 0.92 | 0.66 | 0.96 | 0.65 | 0.72 | 0.81 | 0.82 |
| SGDJ | 0.43 | 0.49 | 0.53 | 0.56 | 0.64 | 0.92 | 1.00 | 0.67 | 0.95 | 0.66 | 0.73 | 0.84 | 0.84 |
| COPX | 0.63 | 0.56 | 0.52 | 0.51 | 0.76 | 0.66 | 0.67 | 1.00 | 0.68 | 0.95 | 0.77 | 0.81 | 0.82 |
| GBUG | 0.44 | 0.49 | 0.52 | 0.54 | 0.67 | 0.96 | 0.95 | 0.68 | 1.00 | 0.68 | 0.74 | 0.84 | 0.84 |
| COPP | 0.66 | 0.55 | 0.55 | 0.54 | 0.78 | 0.65 | 0.66 | 0.95 | 0.68 | 1.00 | 0.78 | 0.82 | 0.83 |
| SETM | 0.57 | 0.76 | 0.79 | 0.79 | 0.74 | 0.72 | 0.73 | 0.77 | 0.74 | 0.78 | 1.00 | 0.92 | 0.95 |
| METL | 0.58 | 0.64 | 0.75 | 0.75 | 0.75 | 0.81 | 0.84 | 0.81 | 0.84 | 0.82 | 0.92 | 1.00 | 0.97 |
| Portfolio | 0.58 | 0.71 | 0.79 | 0.80 | 0.79 | 0.82 | 0.84 | 0.82 | 0.84 | 0.83 | 0.95 | 0.97 | 1.00 |