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REMX vs. IBAT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

REMX vs. IBAT

Last updated Jun 14, 2026

REMX (VanEck Rare Earth and Strategic Metals ETF) and IBAT (iShares Energy Storage & Materials ETF) are both exchange-traded funds - REMX is a Rare Earth & Strategic Metals fund tracking the MarketVector Global Rare Earth/Strategic Metals Index, while IBAT is a Alternative Energy Equities fund tracking the STOXX Global Energy Storage and Materials. Both are passively managed. Over the past year, REMX returned 145.31% vs 105.19% for IBAT. A 0.59 correlation means they provide meaningful diversification when combined. REMX charges 0.59%/yr vs 0.47%/yr for IBAT.

Performance

REMX vs. IBAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Rare Earth and Strategic Metals ETF (REMX) and iShares Energy Storage & Materials ETF (IBAT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, REMX achieves a 29.19% return, which is significantly lower than IBAT's 51.63% return.

REMX

1D
2.73%
1M
-4.36%
YTD
29.19%
6M
34.20%
1Y
145.31%
3Y*
5.16%
5Y*
4.80%
10Y*
10.32%

IBAT

1D
1.07%
1M
-4.06%
YTD
51.63%
6M
46.54%
1Y
105.19%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

REMX vs. IBAT - Yearly Performance Comparison

2026 (YTD)20252024
REMX
VanEck Rare Earth and Strategic Metals ETF		29.19%92.95%-24.06%
IBAT
iShares Energy Storage & Materials ETF		51.63%32.09%-13.29%

Correlation

The correlation between REMX and IBAT is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.54

Correlation (All Time)
Calculated using the full available price history since Mar 21, 2024

0.59

The correlation between REMX and IBAT has been stable across timeframes, ranging from 0.54 to 0.59 - a consistent structural relationship.

REMX vs. IBAT - Sectors Allocation Comparison

Sectors
REMX
IBAT

Basic Materials

100.0%
30.8%

Communication Services

-

-

Consumer Cyclical

-

1.8%

Consumer Defensive

-

-

Energy

-

3.0%

Financial Services

-

-

Healthcare

-

-

Industrials

-

40.2%

Real Estate

-

-

Technology

-

23.7%

Utilities

-

0.5%

Basic Materials

REMX
100.0%
IBAT
30.8%

Communication Services

REMX

-

IBAT

-

Consumer Cyclical

REMX

-

IBAT
1.8%

Consumer Defensive

REMX

-

IBAT

-

Energy

REMX

-

IBAT
3.0%

Financial Services

REMX

-

IBAT

-

Healthcare

REMX

-

IBAT

-

Industrials

REMX

-

IBAT
40.2%

Real Estate

REMX

-

IBAT

-

Technology

REMX

-

IBAT
23.7%

Utilities

REMX

-

IBAT
0.5%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

VanEck Rare Earth and Strategic Metals ETF

iShares Energy Storage & Materials ETF

Often compared with REMX:
REMX vs. LITREMX vs. XLBREMX vs. USARREMX vs. COPXREMX vs. RAREREMX vs. GNRREMX vs. WTRE
Often compared with IBAT:
IBAT vs. IONIBAT vs. LITIBAT vs. ICLNIBAT vs. GRIDIBAT vs. QCLNIBAT vs. CRAKIBAT vs. HYDR

Return for Risk

REMX vs. IBAT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
REMX
REMX Risk / Return Rank: 8787
Overall Rank
REMX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
REMX Sortino Ratio Rank: 8383
Sortino Ratio Rank
REMX Omega Ratio Rank: 7878
Omega Ratio Rank
REMX Calmar Ratio Rank: 9494
Calmar Ratio Rank
REMX Martin Ratio Rank: 8888
Martin Ratio Rank
IBAT
IBAT Risk / Return Rank: 9494
Overall Rank
IBAT Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
IBAT Sortino Ratio Rank: 9292
Sortino Ratio Rank
IBAT Omega Ratio Rank: 9292
Omega Ratio Rank
IBAT Calmar Ratio Rank: 9696
Calmar Ratio Rank
IBAT Martin Ratio Rank: 9393
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

REMX vs. IBAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Rare Earth and Strategic Metals ETF (REMX) and iShares Energy Storage & Materials ETF (IBAT). 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.

REMXIBATDifference
Sharpe ratioReturn per unit of total volatility
2.93
3.63

-0.70

Sortino ratioReturn per unit of downside risk
3.19
3.98

-0.79

Omega ratioGain probability vs. loss probability

1.40

1.54

-0.15

Calmar ratioReturn relative to maximum drawdown

6.23

7.45

-1.22

Martin ratioReturn relative to average drawdown

16.82

20.84

-4.02

REMX vs. IBAT - Sharpe Ratio Comparison

The current REMX Sharpe Ratio is 2.93, which is comparable to the IBAT Sharpe Ratio of 3.63. The chart below compares the historical Sharpe Ratios of REMX and IBAT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

REMX vs. IBAT - Drawdown Comparison

The maximum REMX drawdown since its inception was -90.20%, which is greater than IBAT's maximum drawdown of -28.26%. Use the drawdown chart below to compare losses from any high point for REMX and IBAT.

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Drawdown Indicators

REMXIBATDifference

Max Drawdown

Largest peak-to-trough decline

-90.20%

-28.26%

-61.94%

Max Drawdown (1Y)

Largest decline over 1 year

-23.35%

-13.71%

-9.64%

Max Drawdown (3Y)

Largest decline over 3 years

-62.11%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-73.34%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-73.34%

—

—

Current Drawdown

Current decline from peak

-56.27%

-8.98%

-47.29%

Average Drawdown

Average peak-to-trough decline

-66.84%

-7.74%

-59.10%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.63%

4.90%

+3.73%

Volatility

REMX vs. IBAT - Volatility Comparison

VanEck Rare Earth and Strategic Metals ETF (REMX) has a higher volatility of 17.56% compared to iShares Energy Storage & Materials ETF (IBAT) at 13.41%. This indicates that REMX's price experiences larger fluctuations and is considered to be riskier than IBAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

REMXIBATDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.56%

13.41%

+4.15%

Volatility (6M)

Calculated over the trailing 6-month period

37.14%

22.68%

+14.46%

Volatility (1Y)

Calculated over the trailing 1-year period

49.74%

28.18%

+21.56%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

40.64%

24.58%

+16.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

37.14%

24.58%

+12.56%

REMX vs. IBAT - Expense Ratio Comparison

REMX has a 0.59% expense ratio, which is higher than IBAT's 0.47% expense ratio.

Dividends

REMX vs. IBAT - Dividend Comparison

REMX's dividend yield for the trailing twelve months is around 1.36%, more than IBAT's 0.76% yield.

PositionTTM20252024202320222021202020192018201720162015
IBAT
iShares Energy Storage & Materials ETF		0.76%1.15%1.37%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
REMX
VanEck Rare Earth and Strategic Metals ETF		1.36%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

REMX and IBAT have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

REMX has higher volatility (17.56%) compared to IBAT (13.41%). In terms of maximum drawdown, REMX dropped -90.20% vs IBAT's -28.26%.

On 1-year performance, REMX leads with 145.31% vs 105.19% for IBAT. On fees, IBAT is cheaper at 0.47% per year. On volatility, IBAT has been the lower-risk option at 13.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, REMX has performed better with a 145.31% return vs 105.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IBAT is cheaper with a 0.47% expense ratio, compared with 0.59% for REMX.

REMX has the higher dividend yield at 1.36%, compared with 0.76% for IBAT.

REMX is categorized as Rare Earth & Strategic Metals, while IBAT is Alternative Energy Equities. REMX tracks MarketVector Global Rare Earth/Strategic Metals Index, while IBAT tracks STOXX Global Energy Storage and Materials. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.59% for REMX and 0.47% for IBAT.

IBAT currently has the higher Sharpe Ratio (3.63 vs 2.93), 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.

Portfolio Optimizer

Find the right allocation for REMX and IBAT

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