Sprott Active Metals & Miners ETF (METL) belongs to the Natural Resources category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with METL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to METL
METL charges 0.89% annually. There are 8 ETFs in the Natural Resources category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P North American Natural Resources ETF | 0.35% | 744.07M | Dec 2015 | METL vs NANR | |
| iShares MSCI Global Metals & Mining Producers ETF | 0.39% | 2.31B | Jan 2012 | METL vs PICK | |
| ALPS/CoreCommodity Natural Resources ETF | 0.39% | 369.26M | Jul 2024 | METL vs CCNR | |
| SPDR S&P Global Natural Resources ETF | 0.40% | 4.74B | Sep 2010 | METL vs GNR | |
| T. Rowe Price Natural Resources ETF | 0.44% | 116.10M | Jun 2025 | METL vs TURF |
Best Risk-Adjusted Alternatives to METL
Among 8 ETFs in the Natural Resources category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ALPS/CoreCommodity Natural Resources ETF | 86 | 369.26M | Jul 2024 | METL vs CCNR | |
| iShares MSCI Global Metals & Mining Producers ETF | 71 | 2.31B | Jan 2012 | METL vs PICK | |
| SPDR S&P North American Natural Resources ETF | 64 | 744.07M | Dec 2015 | METL vs NANR | |
| Cohen & Steers Natural Resources Active ETF | 60 | 60.88M | Feb 2025 | METL vs CSNR | |
| SPDR S&P Global Natural Resources ETF | 57 | 4.74B | Sep 2010 | METL vs GNR |
Top Performing METL Alternatives (YTD)
METL is at 5.42% YTD. There are 7 ETFs in the Natural Resources category with higher YTD returns, going as high as 17.36%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI Global Metals & Mining Producers ETF | 17.36% | 2.31B | Jan 2012 | METL vs PICK | |
| ALPS/CoreCommodity Natural Resources ETF | 15.27% | 369.26M | Jul 2024 | METL vs CCNR | |
| SPDR S&P North American Natural Resources ETF | 14.14% | 744.07M | Dec 2015 | METL vs NANR | |
| Cohen & Steers Natural Resources Active ETF | 11.05% | 60.88M | Feb 2025 | METL vs CSNR | |
| SPDR S&P Global Natural Resources ETF | 10.87% | 4.74B | Sep 2010 | METL vs GNR |
Lowest Volatility Alternatives to METL
METL has 45.01% 1-year volatility. There are 8 ETFs in the Natural Resources category with lower 1-year volatility, going as low as 15.93%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FlexShares Morningstar Global Upstream Natural Res... | 15.93% | 6.94B | Sep 2011 | METL vs GUNR | |
| T. Rowe Price Natural Resources ETF | 17.22% | 116.10M | Jun 2025 | METL vs TURF | |
| SPDR S&P Global Natural Resources ETF | 17.32% | 4.74B | Sep 2010 | METL vs GNR | |
| Cohen & Steers Natural Resources Active ETF | 17.87% | 60.88M | Feb 2025 | METL vs CSNR | |
| First Trust Indxx Global Natural Resources Income ... | 18.08% | 129.44M | Mar 2010 | METL vs FTRI |
Lowest Drawdown Alternatives to METL
Among 8 ETFs in the Natural Resources category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -9.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P Global Natural Resources ETF | -9.20% | 4.74B | Sep 2010 | METL vs GNR | |
| SPDR S&P North American Natural Resources ETF | -10.16% | 744.07M | Dec 2015 | METL vs NANR | |
| Cohen & Steers Natural Resources Active ETF | -10.18% | 60.88M | Feb 2025 | METL vs CSNR | |
| FlexShares Morningstar Global Upstream Natural Res... | -10.31% | 6.94B | Sep 2011 | METL vs GUNR | |
| ALPS/CoreCommodity Natural Resources ETF | -10.38% | 369.26M | Jul 2024 | METL vs CCNR |
Other ETFs from Sprott
The 10 most viewed Sprott ETFs shown here include PSLV, URNM, COPP and span 9 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Sprott Physical Silver Trust | Silver, Precious Metals | 28 | -17.80% | — | Oct 2010 | METL vs PSLV | |
| Sprott Uranium Miners ETF | Uranium | 17 | 1.46% | 2.08B | Dec 2019 | METL vs URNM | |
| Sprott Copper Miners ETF | Copper | 54 | 11.86% | 318.41M | Mar 2024 | METL vs COPP | |
| Sprott Critical Materials ETF | Materials, Commodity Producers Equities | 61 | 11.16% | 636.44M | Feb 2023 | METL vs SETM | |
| Sprott Gold Miners ETF | Gold, Precious Metals | 25 | -7.50% | 616.13M | Jul 2014 | METL vs SGDM | |
| Sprott Junior Copper Miners ETF | Copper | 56 | 0.31% | 166.64M | Feb 2023 | METL vs COPJ | |
| Sprott Junior Uranium Miners ETF | Uranium | 18 | -2.58% | 385.47M | Feb 2023 | METL vs URNJ | |
| Sprott Junior Gold Miners ETF | Gold, Precious Metals | 39 | -5.38% | 301.05M | Mar 2015 | METL vs SGDJ | |
| Sprott Physical Platinum and Palladium Trust | Precious Metals, Commodities | 13 | -23.16% | — | Dec 2012 | METL vs SPPP | |
| Sprott Lithium Miners ETF | Lithium & Battery Metals | 79 | 9.54% | 55.62M | Feb 2023 | METL vs LITP |
Often Compared With METL
Investors most often compare METL with XME, COPX, REMX. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare METL with Any Fund or Stock
Compare METL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair METL with funds that move differently
Sprott Active Metals & Miners ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to METL.
Explore METL Diversifiers