REMX vs. METL

Last updated Jun 4, 2026

REMX (VanEck Vectors Rare Earth/Strategic Metals ETF) and METL (Sprott Active Metals & Miners ETF) are both exchange-traded funds - REMX is a Materials fund tracking the MVIS Global Rare Earth/Strategic Metals Index, while METL is a Commodity Producers Equities fund actively managed by Sprott. REMX is passively managed, while METL is actively managed. A 0.73 correlation means they provide meaningful diversification when combined. REMX charges 0.59%/yr vs 0.89%/yr for METL.

Performance

REMX vs. METL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) 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, REMX achieves a 33.01% return, which is significantly higher than METL's 18.34% return.

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%

METL

• 1D: -3.81%
• 1M: 5.71%
• YTD: 18.34%
• 6M: 25.03%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

REMX vs. METL - Yearly Performance Comparison

	2026 (YTD)	2025
REMX VanEck Vectors Rare Earth/Strategic Metals ETF	33.01%	31.24%
METL Sprott Active Metals & Miners ETF	18.34%	27.04%

Correlation

The correlation between REMX and METL is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 11, 2025	0.73

Return for Risk

REMX vs. METL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

REMX

REMX Risk / Return Rank: 87
REMX Sharpe Ratio Rank: 93
REMX Sortino Ratio Rank: 80
REMX Omega Ratio Rank: 75
REMX Calmar Ratio Rank: 94
REMX Martin Ratio Rank: 90

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. METL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) 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.

	REMX	METL	Difference
Sharpe ratio Return per unit of total volatility	3.61	—	—
Sortino ratio Return per unit of downside risk	3.66	—	—
Omega ratio Gain probability vs. loss probability	1.46	—	—
Calmar ratio Return relative to maximum drawdown	7.43	—	—
Martin ratio Return relative to average drawdown	21.32	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	REMX	METL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.61	—	—
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	-0.08	1.72	-1.80

Drawdowns

REMX vs. METL - Drawdown Comparison

The maximum REMX drawdown since its inception was -90.20%, which is greater than METL's maximum drawdown of -27.39%. Use the drawdown chart below to compare losses from any high point for REMX and METL.

Drawdown Indicators

	REMX	METL	Difference
Max Drawdown Largest peak-to-trough decline	-90.20%	-27.39%	-62.81%
Max Drawdown (1Y) Largest decline over 1 year	-23.35%	—	—
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	-54.98%	-10.27%	-44.71%
Average Drawdown Average peak-to-trough decline	-66.87%	-8.11%	-58.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.12%	—	—

Volatility

Volatility by Period

	REMX	METL	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.02%	—	—
Volatility (6M) Calculated over the trailing 6-month period	34.77%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	48.11%	43.94%	+4.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.24%	43.94%	-3.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.94%	43.94%	-7.00%

REMX vs. METL - Expense Ratio Comparison

REMX has a 0.59% expense ratio, which is lower than METL's 0.89% expense ratio.

Dividends

REMX vs. METL - Dividend Comparison

REMX's dividend yield for the trailing twelve months is around 1.32%, more than METL's 0.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
METL Sprott Active Metals & Miners ETF	0.84%	0.99%	0.00%	0.00%	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

Can I hold both REMX and METL in my portfolio?

REMX and METL have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, REMX or METL?

On fees, REMX is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, REMX or METL?

REMX is cheaper with a 0.59% expense ratio, compared with 0.89% for METL.

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

REMX has the higher dividend yield at 1.32%, compared with 0.84% for METL.

What is the main difference between REMX and METL?

REMX is categorized as Materials, while METL is Commodity Producers Equities. They also come from different issuers: VanEck and Sprott. Their fees differ too: 0.59% for REMX and 0.89% for METL.