PIT vs. REMX
PIT (VanEck Commodity Strategy ETF) and REMX (VanEck Vectors Rare Earth/Strategic Metals ETF) are both exchange-traded funds - PIT is a Commodities fund actively managed by VanEck, while REMX is a Materials fund tracking the MVIS Global Rare Earth/Strategic Metals Index. PIT is actively managed, while REMX is passively managed. Over the past 3 years, PIT returned 24.30%/yr vs 6.84%/yr for REMX. At a 0.30 correlation, their price movements are largely independent. PIT charges 0.55%/yr vs 0.59%/yr for REMX.
Performance
PIT vs. REMX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PIT achieves a 41.36% return, which is significantly higher than REMX's 33.01% return.
PIT
- 1D
- 0.58%
- 1M
- -2.84%
- YTD
- 41.36%
- 6M
- 42.58%
- 1Y
- 62.93%
- 3Y*
- 24.30%
- 5Y*
- —
- 10Y*
- —
REMX
- 1D
- -3.78%
- 1M
- -3.72%
- YTD
- 33.01%
- 6M
- 37.14%
- 1Y
- 172.35%
- 3Y*
- 6.84%
- 5Y*
- 4.50%
- 10Y*
- 10.14%
PIT vs. REMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PIT VanEck Commodity Strategy ETF | 41.36% | 21.63% | 6.77% | -4.54% | 2.74% |
REMX VanEck Vectors Rare Earth/Strategic Metals ETF | 33.01% | 92.95% | -35.02% | -19.18% | -0.95% |
Correlation
The correlation between PIT and REMX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Dec 23, 2022 | 0.30 |
The correlation between PIT and REMX shifts across timeframes, from 0.16 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PIT vs. REMX — Risk / Return Rank
PIT
REMX
PIT vs. REMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Commodity Strategy ETF (PIT) and VanEck Vectors Rare Earth/Strategic Metals ETF (REMX). 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.
| PIT | REMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.46 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 6.83 | 7.43 | -0.60 |
| Martin ratioReturn relative to average drawdown | 23.27 | 21.32 | +1.95 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PIT | REMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.97 | 3.61 | -0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.11 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.28 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.07 | -0.08 | +1.15 |
Drawdowns
PIT vs. REMX - Drawdown Comparison
The maximum PIT drawdown since its inception was -12.27%, smaller than the maximum REMX drawdown of -90.20%. Use the drawdown chart below to compare losses from any high point for PIT and REMX.
Loading charts...
Drawdown Indicators
| PIT | REMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.27% | -90.20% | +77.93% |
Max Drawdown (1Y)Largest decline over 1 year | -9.27% | -23.35% | +14.08% |
Max Drawdown (3Y)Largest decline over 3 years | -12.27% | -62.11% | +49.84% |
Max Drawdown (5Y)Largest decline over 5 years | — | -73.34% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -73.34% | — |
Current DrawdownCurrent decline from peak | -4.56% | -54.98% | +50.42% |
Average DrawdownAverage peak-to-trough decline | -3.99% | -66.87% | +62.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.71% | 8.12% | -5.41% |
Volatility
PIT vs. REMX - Volatility Comparison
The current volatility for VanEck Commodity Strategy ETF (PIT) is 6.08%, while VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) has a volatility of 13.02%. This indicates that PIT experiences smaller price fluctuations and is considered to be less risky than REMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PIT | REMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.08% | 13.02% | -6.94% |
Volatility (6M)Calculated over the trailing 6-month period | 19.02% | 34.77% | -15.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.30% | 48.11% | -26.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.47% | 40.24% | -22.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.47% | 36.94% | -19.47% |
PIT vs. REMX - Expense Ratio Comparison
PIT has a 0.55% expense ratio, which is lower than REMX's 0.59% expense ratio.
Dividends
PIT vs. REMX - Dividend Comparison
PIT's dividend yield for the trailing twelve months is around 6.31%, more than REMX's 1.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIT VanEck Commodity Strategy ETF | 6.31% | 8.92% | 3.59% | 6.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
REMX VanEck Vectors Rare Earth/Strategic Metals ETF | 1.32% | 1.76% | 2.56% | 0.00% | 1.56% | 5.25% | 0.81% | 1.64% | 12.43% | 2.89% | 2.23% | 4.77% |
Frequently Asked Questions
PIT and REMX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
REMX has higher volatility (13.02%) compared to PIT (6.08%). In terms of maximum drawdown, PIT dropped -12.27% vs REMX's -90.20%.
On 3-year performance, PIT leads with 24.30% vs 6.84% for REMX. On fees, PIT is cheaper at 0.55% per year. On volatility, PIT has been the lower-risk option at 6.08%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, PIT has performed better with a 24.30% return vs 6.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PIT is cheaper with a 0.55% expense ratio, compared with 0.59% for REMX.
PIT has the higher dividend yield at 6.31%, compared with 1.32% for REMX.
PIT is categorized as Commodities, while REMX is Materials. Their fees differ too: 0.55% for PIT and 0.59% for REMX.
REMX currently has the higher Sharpe Ratio (3.61 vs 2.97), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PIT and REMX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer