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 11 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% | 757.26M | Dec 2015 | METL vs NANR | |
| iShares MSCI Agriculture Producers ETF | 0.39% | 146.06M | Jan 2012 | METL vs VEGI | |
| iShares MSCI Global Metals & Mining Producers ETF | 0.39% | 2.17B | Jan 2012 | METL vs PICK | |
| ALPS/CoreCommodity Natural Resources ETF | 0.39% | 427.46M | Jul 2024 | METL vs CCNR | |
| SPDR S&P Global Natural Resources ETF | 0.40% | 4.81B | Sep 2010 | METL vs GNR |
Best Risk-Adjusted Alternatives to METL
Among 11 ETFs in the Natural Resources category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ALPS/CoreCommodity Natural Resources ETF | 90 | 427.46M | Jul 2024 | METL vs CCNR | |
| SPDR S&P North American Natural Resources ETF | 85 | 757.26M | Dec 2015 | METL vs NANR | |
| SPDR S&P Global Natural Resources ETF | 85 | 4.81B | Sep 2010 | METL vs GNR | |
| FlexShares Morningstar Global Upstream Natural Res... | 81 | 7.23B | Sep 2011 | METL vs GUNR | |
| Cohen & Steers Natural Resources Active ETF | 81 | 60.88M | Feb 2025 | METL vs CSNR |
Top Performing METL Alternatives (YTD)
METL is at -4.20% YTD. There are 11 ETFs in the Natural Resources category with higher YTD returns, going as high as 19.14%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P North American Natural Resources ETF | 19.14% | 757.26M | Dec 2015 | METL vs NANR | |
| SPDR S&P Global Natural Resources ETF | 17.86% | 4.81B | Sep 2010 | METL vs GNR | |
| Cohen & Steers Natural Resources Active ETF | 16.85% | 60.88M | Feb 2025 | METL vs CSNR | |
| iShares MSCI Global Metals & Mining Producers ETF | 16.18% | 2.17B | Jan 2012 | METL vs PICK | |
| ALPS/CoreCommodity Natural Resources ETF | 16.17% | 427.46M | Jul 2024 | METL vs CCNR |
Lowest Volatility Alternatives to METL
METL has 43.84% 1-year volatility. There are 11 ETFs in the Natural Resources category with lower 1-year volatility, going as low as 14.29%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Agribusiness ETF | 14.29% | 975.33M | Aug 2007 | METL vs MOO | |
| iShares MSCI Agriculture Producers ETF | 15.42% | 146.06M | Jan 2012 | METL vs VEGI | |
| FlexShares Morningstar Global Upstream Natural Res... | 15.95% | 7.23B | Sep 2011 | METL vs GUNR | |
| SPDR S&P Global Natural Resources ETF | 17.13% | 4.81B | Sep 2010 | METL vs GNR | |
| T. Rowe Price Natural Resources ETF | 17.15% | 299.64M | Jun 2025 | METL vs TURF |
Lowest Drawdown Alternatives to METL
Among 11 ETFs in the Natural Resources category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -8.61%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI Agriculture Producers ETF | -8.61% | 146.06M | Jan 2012 | METL vs VEGI | |
| SPDR S&P Global Natural Resources ETF | -10.99% | 4.81B | Sep 2010 | METL vs GNR | |
| VanEck Agribusiness ETF | -11.17% | 975.33M | Aug 2007 | METL vs MOO | |
| FlexShares Morningstar Global Upstream Natural Res... | -11.70% | 7.23B | Sep 2011 | METL vs GUNR | |
| SPDR S&P North American Natural Resources ETF | -12.31% | 757.26M | Dec 2015 | METL vs NANR |
Other ETFs from Sprott
The 10 most viewed Sprott ETFs shown here include PSLV, URNM, COPP and span 8 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 | 33 | -20.51% | — | Oct 2010 | METL vs PSLV | |
| Sprott Uranium Miners ETF | Uranium | 17 | -11.51% | 1.79B | Dec 2019 | METL vs URNM | |
| Sprott Copper Miners ETF | Copper | 72 | 10.34% | 263.00M | Mar 2024 | METL vs COPP | |
| Sprott Critical Materials ETF | Materials, Natural Resources | 49 | -1.66% | 510.21M | Feb 2023 | METL vs SETM | |
| Sprott Gold Miners ETF | Gold, Precious Metals | 33 | -11.23% | 553.05M | Jul 2014 | METL vs SGDM | |
| Sprott Junior Copper Miners ETF | Copper | 68 | 0.00% | 145.37M | Feb 2023 | METL vs COPJ | |
| Sprott Junior Gold Miners ETF | Gold, Precious Metals | 48 | -13.16% | 272.75M | Mar 2015 | METL vs SGDJ | |
| Sprott Junior Uranium Miners ETF | Uranium | 18 | -14.13% | 319.84M | Feb 2023 | METL vs URNJ | |
| Sprott Physical Platinum and Palladium Trust | Precious Metals, Commodities | 17 | -20.37% | — | Dec 2012 | METL vs SPPP | |
| Sprott Silver Miners & Physical Silver ETF | Silver, Precious Metals | 40 | -14.48% | 609.40M | Jan 2025 | METL vs SLVR |
Often Compared With METL
Investors most often compare METL with XME, COPX, REMX. These 20 comparison targets span 15 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