Sprott Active Metals & Miners ETF (METL) belongs to the Commodity Producers Equities 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 21 ETFs in the Commodity Producers Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Themes Uranium & Nuclear ETF | 0.35% | — | Sep 2024 | METL vs URAN | |
| SPDR S&P North American Natural Resources ETF | 0.35% | 772.92M | Dec 2015 | METL vs NANR | |
| Themes Lithium & Battery Metal Miners ETF | 0.35% | — | Sep 2024 | METL vs LIMI | |
| Themes Copper Miners ETF | 0.35% | — | Sep 2024 | METL vs COPA | |
| ALPS/CoreCommodity Natural Resources ETF | 0.39% | 393.31M | Jul 2024 | METL vs CCNR |
Best Risk-Adjusted Alternatives to METL
Among 20 ETFs in the Commodity Producers Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ALPS/CoreCommodity Natural Resources ETF | 95 | 393.31M | Jul 2024 | METL vs CCNR | |
| Global X Lithium & Battery Tech ETF | 94 | 2.24B | Jul 2010 | METL vs LIT | |
| Themes Lithium & Battery Metal Miners ETF | 90 | — | Sep 2024 | METL vs LIMI | |
| Amplify Lithium & Battery Technology ETF | 89 | 140.46M | Jun 2018 | METL vs BATT | |
| SPDR S&P North American Natural Resources ETF | 88 | 772.92M | Dec 2015 | METL vs NANR |
Top Performing METL Alternatives (YTD)
METL is at 23.02% YTD. There are 8 ETFs in the Commodity Producers Equities category with higher YTD returns, going as high as 30.84%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Lithium & Battery Tech ETF | 30.84% | 2.24B | Jul 2010 | METL vs LIT | |
| Themes Copper Miners ETF | 29.17% | — | Sep 2024 | METL vs COPA | |
| VanEck Copper and Green Metals ETF | 28.94% | 38.60M | Nov 2021 | METL vs EMET | |
| Amplify Lithium & Battery Technology ETF | 28.26% | 140.46M | Jun 2018 | METL vs BATT | |
| ALPS/CoreCommodity Natural Resources ETF | 28.25% | 393.31M | Jul 2024 | METL vs CCNR |
Lowest Volatility Alternatives to METL
METL has 43.80% 1-year volatility. There are 17 ETFs in the Commodity Producers Equities category with lower 1-year volatility, going as low as 15.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FlexShares Morningstar Global Upstream Natural Res... | 15.17% | 7.37B | Sep 2011 | METL vs GUNR | |
| SPDR S&P Global Natural Resources ETF | 16.45% | 4.87B | Sep 2010 | METL vs GNR | |
| T. Rowe Price Natural Resources ETF | 16.51% | 119.66M | Jun 2025 | METL vs TURF | |
| Cohen & Steers Natural Resources Active ETF | 17.03% | 60.88M | Feb 2025 | METL vs CSNR | |
| First Trust Indxx Global Natural Resources Income ... | 17.48% | 133.03M | Mar 2010 | METL vs FTRI |
Lowest Drawdown Alternatives to METL
Among 20 ETFs in the Commodity Producers Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -6.47%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ALPS/CoreCommodity Natural Resources ETF | -6.47% | 393.31M | Jul 2024 | METL vs CCNR | |
| FlexShares Morningstar Global Upstream Natural Res... | -6.81% | 7.37B | Sep 2011 | METL vs GUNR | |
| SPDR S&P Global Natural Resources ETF | -7.97% | 4.87B | Sep 2010 | METL vs GNR | |
| Cohen & Steers Natural Resources Active ETF | -8.39% | 60.88M | Feb 2025 | METL vs CSNR | |
| SPDR S&P North American Natural Resources ETF | -8.93% | 772.92M | Dec 2015 | METL vs NANR |
Other ETFs from Sprott
The 10 most viewed Sprott ETFs shown here include COPP, SETM, SGDM and span 7 categories. AUM among these funds goes as high as $847M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Sprott Copper Miners ETF | Commodity Producers Equities | 70 | 26.69% | 319.79M | Mar 2024 | METL vs COPP | |
| Sprott Energy Transition Materials ETF | Energy Equities | 86 | 32.64% | 675.78M | Feb 2023 | METL vs SETM | |
| Sprott Gold Miners ETF | Materials | 39 | 4.39% | 671.08M | Jul 2014 | METL vs SGDM | |
| Sprott Junior Copper Miners ETF | Commodity Producers Equities | 79 | 20.64% | 175.88M | Feb 2023 | METL vs COPJ | |
| Sprott Junior Uranium Miners ETF | Energy Equities | 39 | 18.77% | 418.60M | Feb 2023 | METL vs URNJ | |
| Sprott Junior Gold Miners ETF | Materials | 48 | 5.59% | 322.34M | Mar 2015 | METL vs SGDJ | |
| Sprott Physical Platinum and Palladium Trust | Precious Metals, Commodities | 26 | -10.69% | — | Dec 2012 | METL vs SPPP | |
| Sprott Lithium Miners ETF | Energy Equities | 90 | 35.27% | 62.99M | Feb 2023 | METL vs LITP | |
| Sprott Silver Miners & Physical Silver ETF | Silver, Precious Metals | 60 | 12.97% | 846.78M | Jan 2025 | METL vs SLVR | |
| Sprott Active Gold & Silver Miners ETF | Gold, Silver, Commodity Producers Equities, Precious Metals | 41 | 1.33% | 166.17M | Feb 2025 | METL vs GBUG |
Often Compared With METL
Investors most often compare METL with XME, COPX, REMX. These 20 comparison targets span 11 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