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About Exchange Traded Concepts Trust Optica Rare Earths & Critical Materials ETF
Expense ratio
0.85%
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Inception date
Mar 28, 2022
CRIT focuses on companies vital in transitioning to a green economy. It invests in firms that generate or have the potential to generate 50% of their revenues from the global metals and mining industry, targeting rare earth and critical materials. These firms typically produce aluminum, barite, graphite, arsenic, cobalt, indium, etc. which are elements usually used in green energy products including electric vehicles, wind turbines, batteries, solar panels, consumer electronics, defense, and healthcare equipment. The fund also provides broad exposure to both developed and emerging markets throughout the world without foreign limitation. The initial equity universe is generally defined through a proprietary methodology involving fundamental research, but index constituents are selected and weighted only by market-cap, imposing an individual security capping at 10% to ensure diversification. Additionally, the index is reconstituted and rebalanced semi-annually in February and August.
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Distribution Services
Stock breakdown by region