Sprott Critical Materials ETF (SETM) belongs to the Materials category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SETM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SETM
SETM charges 0.65% annually. There are 14 ETFs in the Materials category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity MSCI Materials Index ETF | 0.08% | 623.54M | Oct 2013 | SETM vs FMAT | |
| Vanguard Materials ETF | 0.09% | 4.50B | Jan 2004 | SETM vs VAW | |
| Materials Select Sector SPDR ETF | 0.13% | 8.30B | Dec 1998 | SETM vs XLB | |
| Invesco S&P SmallCap Materials ETF | 0.29% | 19.51M | Apr 2010 | SETM vs PSCM | |
| State Street Materials Select Sector SPDR Premium ... | 0.35% | 7.25M | Jul 2025 | SETM vs XLBI |
Best Risk-Adjusted Alternatives to SETM
SETM has a PortfoliosLab risk / return rank of 47. There are 4 ETFs in the Materials category with higher risk-adjusted ranks, going as high as 60.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Vectors Steel ETF | 60 | 158.61M | Oct 2006 | SETM vs SLX | |
| iShares MSCI Global Metals & Mining Producers ETF | 56 | 2.16B | Jan 2012 | SETM vs PICK | |
| First Trust Materials AlphaDEX Fund | 50 | 375.65M | May 2007 | SETM vs FXZ | |
| Invesco S&P SmallCap Materials ETF | 49 | 19.51M | Apr 2010 | SETM vs PSCM | |
| iShares U.S. Basic Materials ETF | 42 | 1.21B | Jun 2000 | SETM vs IYM |
Top Performing SETM Alternatives (YTD)
SETM is at 1.35% YTD. There are 13 ETFs in the Materials category with higher YTD returns, going as high as 18.89%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Materials AlphaDEX Fund | 18.89% | 375.65M | May 2007 | SETM vs FXZ | |
| VanEck Vectors Steel ETF | 17.03% | 158.61M | Oct 2006 | SETM vs SLX | |
| Invesco S&P SmallCap Materials ETF | 16.36% | 19.51M | Apr 2010 | SETM vs PSCM | |
| WEBs Materials XLB Defined Volatility ETF | 15.59% | — | Jul 2025 | SETM vs DVXB | |
| iShares U.S. Basic Materials ETF | 15.42% | 1.21B | Jun 2000 | SETM vs IYM |
Lowest Volatility Alternatives to SETM
SETM has 46.50% 1-year volatility. There are 16 ETFs in the Materials category with lower 1-year volatility, going as low as 13.94%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Materials Select Sector SPDR Premium ... | 13.94% | 7.25M | Jul 2025 | SETM vs XLBI | |
| Materials Select Sector SPDR ETF | 17.67% | 8.30B | Dec 1998 | SETM vs XLB | |
| Fidelity MSCI Materials Index ETF | 18.64% | 623.54M | Oct 2013 | SETM vs FMAT | |
| Vanguard Materials ETF | 18.66% | 4.50B | Jan 2004 | SETM vs VAW | |
| iShares Global Timber & Forestry ETF | 18.71% | 251.18M | Jun 2008 | SETM vs WOOD |
Lowest Drawdown Alternatives to SETM
SETM has a 1-year max drawdown of -26.15%. There are 14 ETFs in the Materials category with shallower 1-year drawdowns, going as shallow as -12.32%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P 500® Equal Weight Materials ETF | -12.32% | 175.45M | Nov 2006 | SETM vs RSPM | |
| Materials Select Sector SPDR ETF | -12.38% | 8.30B | Dec 1998 | SETM vs XLB | |
| First Trust Materials AlphaDEX Fund | -12.75% | 375.65M | May 2007 | SETM vs FXZ | |
| Vanguard Materials ETF | -13.42% | 4.50B | Jan 2004 | SETM vs VAW | |
| Fidelity MSCI Materials Index ETF | -13.48% | 623.54M | Oct 2013 | SETM vs FMAT |
Other ETFs from Sprott
The 10 most viewed Sprott ETFs shown here include PSLV, URNM, COPP and span 7 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 | 25 | -21.61% | — | Oct 2010 | SETM vs PSLV | |
| Sprott Uranium Miners ETF | Uranium | 15 | -8.53% | 1.91B | Dec 2019 | SETM vs URNM | |
| Sprott Copper Miners ETF | Copper | 49 | 6.15% | 266.77M | Mar 2024 | SETM vs COPP | |
| Sprott Gold Miners ETF | Gold, Precious Metals | 26 | -12.51% | 554.39M | Jul 2014 | SETM vs SGDM | |
| Sprott Junior Copper Miners ETF | Copper | 49 | -1.92% | 146.50M | Feb 2023 | SETM vs COPJ | |
| Sprott Junior Gold Miners ETF | Gold, Precious Metals | 37 | -11.67% | 279.82M | Mar 2015 | SETM vs SGDJ | |
| Sprott Junior Uranium Miners ETF | Uranium | 17 | -10.60% | 330.89M | Feb 2023 | SETM vs URNJ | |
| Sprott Physical Platinum and Palladium Trust | Precious Metals, Commodities | 11 | -23.81% | — | Dec 2012 | SETM vs SPPP | |
| Sprott Lithium Miners ETF | Lithium & Battery Metals | 46 | -9.00% | 41.19M | Feb 2023 | SETM vs LITP | |
| Sprott Silver Miners & Physical Silver ETF | Silver, Precious Metals | 28 | -13.01% | 641.30M | Jan 2025 | SETM vs SLVR |
Often Compared With SETM
Investors most often compare SETM with XME, REMX, METL. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.
Compare SETM with Any Fund or Stock
Compare SETM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SETM with funds that move differently
Sprott Critical Materials ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SETM.
Explore SETM Diversifiers