EMET vs. METL

Last updated Aug 2, 2026

EMET (VanEck Copper and Green Metals ETF) and METL (Sprott Active Metals & Miners ETF) are both exchange-traded funds - EMET is a Copper fund tracking the MVIS Global Clean-Tech Metals Index, while METL is a Natural Resources fund actively managed by Sprott. EMET is passively managed, while METL is actively managed. Their correlation of 0.86 means they have usually moved in the same direction. EMET charges 0.61%/yr vs 0.89%/yr for METL.

Performance

EMET vs. METL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Copper and Green Metals ETF (EMET) and Sprott Active Metals & Miners ETF (METL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EMET achieves a 4.91% return, which is significantly higher than METL's -4.20% return.

EMET

• 1D: -0.78%
• 1M: -2.10%
• 6M: -9.46%
• YTD: 4.91%
• 1Y: 64.11%
• 3Y*: 13.48%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.05%

METL

• 1D: -1.47%
• 1M: -5.60%
• 6M: -18.65%
• YTD: -4.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EMET VanEck Copper and Green Metals ETF	$206.80K	$212.67K	$453.71K
METL Sprott Active Metals & Miners ETF	$253.61K	$342.11K	$593.78K

EMET vs. METL - Yearly Performance Comparison

	2026 (YTD)	2025
EMET VanEck Copper and Green Metals ETF	4.91%	34.42%
METL Sprott Active Metals & Miners ETF	-4.20%	28.19%

Correlation

The correlation between EMET and METL is 0.86, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 10, 2025	0.86

Return for Risk

EMET vs. METL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EMET

EMET Risk / Return Rank: 65
EMET Sharpe Ratio Rank: 72
EMET Sortino Ratio Rank: 63
EMET Omega Ratio Rank: 64
EMET Calmar Ratio Rank: 72
EMET Martin Ratio Rank: 53

METL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EMET vs. METL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Copper and Green Metals ETF (EMET) and Sprott Active Metals & Miners ETF (METL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EMET	METL	Difference
Sharpe ratio: Return per unit of total volatility	1.65	—	—
Sortino ratio: Return per unit of downside risk	2.10	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	2.53	—	—
Martin ratio: Return relative to average drawdown	6.21	—	—

Drawdowns

EMET vs. METL - Drawdown Comparison

The maximum EMET drawdown since its inception was -53.05%, which is greater than METL's maximum drawdown of -28.80%. Use the drawdown chart below to compare losses from any high point for EMET and METL.

Drawdown Indicators

	EMET	METL	Difference
Max Drawdown Largest peak-to-trough decline	-53.05%	-28.80%	-24.25%
Max Drawdown (1Y) Largest decline over 1 year	-25.58%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-40.50%	—	—
Current Drawdown Current decline from peak	-20.49%	-27.36%	+6.87%
Average Drawdown Average peak-to-trough decline	-24.56%	-10.66%	-13.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.39%	—	—

Volatility

Volatility by Period

	EMET	METL	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.74%	—	—
Volatility (6M) Calculated over the trailing 6-month period	33.95%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	39.19%	43.84%	-4.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.48%	43.84%	-10.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.48%	43.84%	-10.36%

EMET vs. METL - Expense Ratio Comparison

EMET has a 0.61% expense ratio, which is lower than METL's 0.89% expense ratio.

Dividends

EMET vs. METL - Dividend Comparison

EMET's dividend yield for the trailing twelve months is around 1.76%, more than METL's 1.04% yield.

Position	TTM	2025	2024	2023	2022
EMET VanEck Copper and Green Metals ETF	1.76%	1.84%	1.89%	2.02%	2.56%
METL Sprott Active Metals & Miners ETF	1.04%	0.99%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EMET and METL in my portfolio?

EMET and METL have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EMET or METL?

On fees, EMET is cheaper at 0.61% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EMET or METL?

EMET is cheaper with a 0.61% expense ratio, compared with 0.89% for METL.

Which ETF pays a higher dividend yield, EMET or METL?

EMET has the higher dividend yield at 1.76%, compared with 1.04% for METL.

What is the main difference between EMET and METL?

EMET is categorized as Copper, while METL is Natural Resources. They also come from different issuers: VanEck and Sprott. Their fees differ too: 0.61% for EMET and 0.89% for METL.