VanEck Green Metals ETF (GMET)
GMET is a passive ETF by VanEck tracking the investment results of the MVIS Global Clean-Tech Metals. GMET launched on Nov 9, 2021 and has a 0.66% expense ratio.
ETF Info
| ISIN | US92189Y2046 |
|---|---|
| Issuer | VanEck |
| Inception Date | Nov 9, 2021 |
| Region | Global (Broad) |
| Category | Energy Equities |
| Leveraged | 1x |
| Index Tracked | MVIS Global Clean-Tech Metals |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
GMET features an expense ratio of 0.66%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in VanEck Green Metals ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
VanEck Green Metals ETF had a return of -4.82% year-to-date (YTD) and -7.79% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -4.82% | 18.42% |
| 1 month | -3.46% | 2.28% |
| 6 months | 5.36% | 9.95% |
| 1 year | -7.79% | 25.31% |
| 5 years (annualized) | N/A | 14.08% |
| 10 years (annualized) | N/A | 10.95% |
Monthly Returns
The table below presents the monthly returns of GMET, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -11.59% | 0.56% | 10.89% | 8.09% | 3.86% | -9.84% | -1.20% | -4.82% | |||||
| 2023 | 16.22% | -10.91% | -3.26% | -1.10% | -9.12% | 6.15% | 6.28% | -10.86% | -2.60% | -11.33% | 2.28% | 9.68% | -12.28% |
| 2022 | -4.00% | 14.15% | -3.02% | -15.11% | 5.62% | -12.06% | -0.54% | -3.14% | -7.22% | 1.88% | 18.16% | -8.11% | -17.15% |
| 2021 | -1.46% | 1.33% | -0.14% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GMET is 6, indicating that it is in the bottom 6% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for VanEck Green Metals ETF (GMET) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
VanEck Green Metals ETF granted a 2.12% dividend yield in the last twelve months. The annual payout for that period amounted to $0.49 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $0.49 | $0.49 | $0.73 |
Dividend yield | 2.12% | 2.02% | 2.56% |
Monthly Dividends
The table displays the monthly dividend distributions for VanEck Green Metals ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 | $0.49 |
| 2022 | $0.73 | $0.73 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck Green Metals ETF. 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 VanEck Green Metals ETF was 44.18%, occurring on Feb 13, 2024. The portfolio has not yet recovered.
The current VanEck Green Metals ETF drawdown is 36.88%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -44.18% | Mar 1, 2022 | 492 | Feb 13, 2024 | — | — | — |
| -10.51% | Jan 13, 2022 | 11 | Jan 28, 2022 | 12 | Feb 15, 2022 | 23 |
| -6.68% | Dec 9, 2021 | 8 | Dec 20, 2021 | 16 | Jan 12, 2022 | 24 |
| -3.56% | Nov 12, 2021 | 3 | Nov 16, 2021 | 6 | Nov 24, 2021 | 9 |
| -3.38% | Nov 26, 2021 | 1 | Nov 26, 2021 | 8 | Dec 8, 2021 | 9 |
Volatility
Volatility Chart
The current VanEck Green Metals ETF volatility is 7.88%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.