REMX vs. SETM

Last updated Jun 4, 2026

REMX (VanEck Vectors Rare Earth/Strategic Metals ETF) and SETM (Sprott Energy Transition Materials ETF) are both exchange-traded funds - REMX is a Materials fund tracking the MVIS Global Rare Earth/Strategic Metals Index, while SETM is a Energy Equities fund tracking the Nasdaq Sprott Energy Transition Materials Select Index - AUD - Benchmark TR Gross. Both are passively managed. Over the past 3 years, REMX returned 6.84%/yr vs 30.90%/yr for SETM. Their correlation of 0.83 suggests significant overlap in exposure. REMX charges 0.59%/yr vs 0.65%/yr for SETM.

Performance

REMX vs. SETM - 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 Energy Transition Materials ETF (SETM). 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 SETM's 27.22% 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%

SETM

• 1D: -4.09%
• 1M: 2.39%
• YTD: 27.22%
• 6M: 33.66%
• 1Y: 144.21%
• 3Y*: 30.90%
• 5Y*: —
• 10Y*: —

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

REMX vs. SETM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
REMX VanEck Vectors Rare Earth/Strategic Metals ETF	33.01%	92.95%	-35.02%	-36.59%
SETM Sprott Energy Transition Materials ETF	27.22%	95.27%	-13.24%	-11.03%

Correlation

The correlation between REMX and SETM is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (All Time) Calculated using the full available price history since Feb 3, 2023	0.83

The correlation between REMX and SETM has been stable across timeframes, ranging from 0.82 to 0.84 - a consistent structural relationship.

REMX vs. SETM - Sectors Allocation Comparison

Sectors	REMX	SETM
Basic Materials	100.0%	73.2%
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	0.1%
Energy	-	25.8%
Financial Services	-	-
Healthcare	-	-
Industrials	-	0.9%
Real Estate	-	-
Technology	-	0.1%
Utilities	-	-

Return for Risk

REMX vs. SETM — 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

SETM

SETM Risk / Return Rank: 82
SETM Sharpe Ratio Rank: 91
SETM Sortino Ratio Rank: 71
SETM Omega Ratio Rank: 72
SETM Calmar Ratio Rank: 90
SETM Martin Ratio Rank: 84

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. SETM - 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 Energy Transition Materials ETF (SETM). 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	SETM	Difference
Sharpe ratio Return per unit of total volatility	3.61	3.25	+0.36
Sortino ratio Return per unit of downside risk	3.66	3.29	+0.38
Omega ratio Gain probability vs. loss probability	1.46	1.44	+0.02
Calmar ratio Return relative to maximum drawdown	7.43	5.61	+1.81
Martin ratio Return relative to average drawdown	21.32	17.42	+3.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

REMX vs. SETM - Sharpe Ratio Comparison

The current REMX Sharpe Ratio is 3.61, which is comparable to the SETM Sharpe Ratio of 3.25. The chart below compares the historical Sharpe Ratios of REMX and SETM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	REMX	SETM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.61	3.25	+0.36
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	0.59	-0.67

Drawdowns

REMX vs. SETM - Drawdown Comparison

The maximum REMX drawdown since its inception was -90.20%, which is greater than SETM's maximum drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for REMX and SETM.

Drawdown Indicators

	REMX	SETM	Difference
Max Drawdown Largest peak-to-trough decline	-90.20%	-42.81%	-47.39%
Max Drawdown (1Y) Largest decline over 1 year	-23.35%	-25.85%	+2.50%
Max Drawdown (3Y) Largest decline over 3 years	-62.11%	-42.81%	-19.30%
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%	-7.30%	-47.68%
Average Drawdown Average peak-to-trough decline	-66.87%	-14.26%	-52.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.12%	8.31%	-0.19%

Volatility

REMX vs. SETM - Volatility Comparison

VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) and Sprott Energy Transition Materials ETF (SETM) have volatilities of 13.02% and 13.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REMX	SETM	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.02%	13.58%	-0.56%
Volatility (6M) Calculated over the trailing 6-month period	34.77%	34.49%	+0.28%
Volatility (1Y) Calculated over the trailing 1-year period	48.11%	44.71%	+3.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.24%	36.57%	+3.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.94%	36.57%	+0.37%

REMX vs. SETM - Expense Ratio Comparison

REMX has a 0.59% expense ratio, which is lower than SETM's 0.65% expense ratio.

Dividends

REMX vs. SETM - Dividend Comparison

REMX's dividend yield for the trailing twelve months is around 1.32%, more than SETM's 1.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SETM Sprott Energy Transition Materials ETF	1.23%	1.56%	2.07%	2.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both REMX and SETM in my portfolio?

REMX and SETM have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REMX or SETM?

SETM has higher volatility (13.58%) compared to REMX (13.02%). In terms of maximum drawdown, REMX dropped -90.20% vs SETM's -42.81%.

Which ETF is better, REMX or SETM?

On 3-year performance, SETM leads with 30.90% vs 6.84% for REMX. On fees, REMX is cheaper at 0.59% per year. On volatility, REMX has been the lower-risk option at 13.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, REMX or SETM?

Over the 3-year period, SETM has performed better with a 30.90% return vs 6.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, REMX or SETM?

REMX is cheaper with a 0.59% expense ratio, compared with 0.65% for SETM.

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

REMX has the higher dividend yield at 1.32%, compared with 1.23% for SETM.

What is the main difference between REMX and SETM?

REMX is categorized as Materials, while SETM is Energy Equities. REMX tracks MVIS Global Rare Earth/Strategic Metals Index, while SETM tracks Nasdaq Sprott Energy Transition Materials Select Index - AUD - Benchmark TR Gross. They also come from different issuers: VanEck and Sprott. Their fees differ too: 0.59% for REMX and 0.65% for SETM.

Which has better risk-adjusted returns?

REMX currently has the higher Sharpe Ratio (3.61 vs 3.25), 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.